Gross Domestic Product — Value Standard Local Currency, 2015 prices in Monaco
Monaco: Gross Domestic Product — Value Standard Local Currency, 2015 prices was 8,128 million SLC in 2024. ▲ Rising
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Monaco, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
The most recent figure for gross domestic product — value standard local currency, 2015 prices in Monaco is 8,128 million SLC, measured in 2024. That is the highest value across all 55 years on record.
The figure is up 3.1% on the previous year and up 51.0% over ten years.
Over the whole period, gross domestic product — value standard local currency, 2015 prices in Monaco peaked at 8,128 million SLC in 2024 and was at its lowest, 1,584 million SLC, in 1970.
That places Monaco 165th out of 194 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Monaco, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 1,584 million SLC | — |
| 1971 | 1,668 million SLC | +5.3% |
| 1972 | 1,743 million SLC | +4.5% |
| 1973 | 1,854 million SLC | +6.3% |
| 1974 | 1,934 million SLC | +4.3% |
| 1975 | 1,915 million SLC | -1.0% |
| 1976 | 1,999 million SLC | +4.4% |
| 1977 | 2,068 million SLC | +3.5% |
| 1978 | 2,150 million SLC | +4.0% |
| 1979 | 2,226 million SLC | +3.6% |
| 1980 | 2,262 million SLC | +1.6% |
| 1981 | 2,286 million SLC | +1.1% |
| 1982 | 2,343 million SLC | +2.5% |
| 1983 | 2,372 million SLC | +1.2% |
| 1984 | 2,408 million SLC | +1.5% |
| 1985 | 2,447 million SLC | +1.6% |
| 1986 | 2,504 million SLC | +2.3% |
| 1987 | 2,568 million SLC | +2.6% |
| 1988 | 2,690 million SLC | +4.7% |
| 1989 | 2,807 million SLC | +4.3% |
| 1990 | 2,889 million SLC | +2.9% |
| 1991 | 2,919 million SLC | +1.0% |
| 1992 | 2,966 million SLC | +1.6% |
| 1993 | 2,948 million SLC | -0.6% |
| 1994 | 3,017 million SLC | +2.4% |
| 1995 | 3,081 million SLC | +2.1% |
| 1996 | 3,124 million SLC | +1.4% |
| 1997 | 3,197 million SLC | +2.3% |
| 1998 | 3,312 million SLC | +3.6% |
| 1999 | 3,425 million SLC | +3.4% |
| 2000 | 3,560 million SLC | +3.9% |
| 2001 | 3,630 million SLC | +2.0% |
| 2002 | 3,671 million SLC | +1.1% |
| 2003 | 3,702 million SLC | +0.8% |
| 2004 | 3,806 million SLC | +2.8% |
| 2005 | 3,870 million SLC | +1.7% |
| 2006 | 4,095 million SLC | +5.8% |
| 2007 | 4,685 million SLC | +14.4% |
| 2008 | 4,712 million SLC | +0.6% |
| 2009 | 4,153 million SLC | -11.9% |
| 2010 | 4,238 million SLC | +2.1% |
| 2011 | 4,536 million SLC | +7.0% |
| 2012 | 4,582 million SLC | +1.0% |
| 2013 | 5,021 million SLC | +9.6% |
| 2014 | 5,382 million SLC | +7.2% |
| 2015 | 5,646 million SLC | +4.9% |
| 2016 | 5,816 million SLC | +3.0% |
| 2017 | 5,630 million SLC | -3.2% |
| 2018 | 5,951 million SLC | +5.7% |
| 2019 | 6,374 million SLC | +7.1% |
| 2020 | 5,530 million SLC | -13.2% |
| 2021 | 6,760 million SLC | +22.2% |
| 2022 | 7,507 million SLC | +11.0% |
| 2023 | 7,885 million SLC | +5.0% |
| 2024 | 8,128 million SLC | +3.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1,914 million SLC | 1,584 million SLC | 2,226 million SLC | 10 |
| 1980s | 2,469 million SLC | 2,262 million SLC | 2,807 million SLC | 10 |
| 1990s | 3,088 million SLC | 2,889 million SLC | 3,425 million SLC | 10 |
| 2000s | 3,988 million SLC | 3,560 million SLC | 4,712 million SLC | 10 |
| 2010s | 5,318 million SLC | 4,238 million SLC | 6,374 million SLC | 10 |
| 2020s | 7,162 million SLC | 5,530 million SLC | 8,128 million SLC | 5 |
Countries ranked near Monaco
- 162 Fiji 11,547 million SLC compare
- 163 Palestine, State of 10,850 million SLC compare
- 164 Sao Tome and Principe 8,533 million SLC compare
- 166 Bermuda 7,294 million SLC compare
- 167 Liechtenstein 6,956 million SLC compare
- 168 Aruba 6,380 million SLC compare
More economy & growth data for Monaco
- Industry (including construction), value added (current LCU), per 34,050 current LCU per person (2024)
- Industry (including construction), value added (current LCU), per 0.1182 current LCU per US$ of GDP (2024)
- Industry (including construction), value added (current LCU), annual 23.6 % change on previous year (2024)
- Industry (including construction), value added (current US$), per 36,855 current US$ per person (2024)
- Industry (including construction), value added (current US$), per 0.128 current US$ per US$ of GDP (2024)
- Industry (including construction), value added (current US$), annual 23.73 % change on previous year (2024)
- GDP (constant 2015 US$), per capita 247,170 constant 2015 US$ per person (2024)
- Gross value added at basic prices (GVA) (constant LCU), per capita 158,736 constant LCU per person (2014)
- GDP (current US$), annual growth rate 11.21 % change on previous year (2024)
- GDP (current US$), per capita 288,002 current US$ per person (2024)
Frequently asked questions
- What is gross domestic product — value standard local currency, 2015 prices in Monaco?
- Gross domestic product — value standard local currency, 2015 prices in Monaco was 8,128 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value standard local currency, 2015 prices recorded in Monaco?
- The highest recorded value was 8,128 million SLC in 2024.
- What is the lowest gross domestic product — value standard local currency, 2015 prices recorded in Monaco?
- The lowest recorded value was 1,584 million SLC in 1970.
- How does Monaco rank for gross domestic product — value standard local currency, 2015 prices?
- Monaco ranks 165th out of 194 countries with data for 2024.
- Is gross domestic product — value standard local currency, 2015 prices rising or falling in Monaco?
- Over the last ten years it is up 51.0%. The long-run trend across the full record is rising.
- Where does this Monaco data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).