Gross Domestic Product — Value US$, 2015 prices in Monaco
Monaco: Gross Domestic Product — Value US$, 2015 prices was 9,018 million USD in 2024. ▲ Rising
Gross Domestic Product — Value US$, 2015 prices in Monaco, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2024, gross domestic product — value us$, 2015 prices in Monaco stood at 9,018 million USD. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 3.1% on the previous year and up 51.0% over ten years.
Over the whole period, gross domestic product — value us$, 2015 prices in Monaco peaked at 9,018 million USD in 2024 and was at its lowest, 1,757 million USD, in 1970.
That places Monaco 148th out of 203 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Domestic Product — Value US$, 2015 prices in Monaco, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 1,757 million USD | — |
| 1971 | 1,851 million USD | +5.3% |
| 1972 | 1,934 million USD | +4.5% |
| 1973 | 2,057 million USD | +6.3% |
| 1974 | 2,145 million USD | +4.3% |
| 1975 | 2,125 million USD | -1.0% |
| 1976 | 2,217 million USD | +4.4% |
| 1977 | 2,294 million USD | +3.5% |
| 1978 | 2,386 million USD | +4.0% |
| 1979 | 2,470 million USD | +3.5% |
| 1980 | 2,509 million USD | +1.6% |
| 1981 | 2,536 million USD | +1.1% |
| 1982 | 2,600 million USD | +2.5% |
| 1983 | 2,632 million USD | +1.2% |
| 1984 | 2,672 million USD | +1.5% |
| 1985 | 2,715 million USD | +1.6% |
| 1986 | 2,778 million USD | +2.3% |
| 1987 | 2,850 million USD | +2.6% |
| 1988 | 2,985 million USD | +4.7% |
| 1989 | 3,115 million USD | +4.3% |
| 1990 | 3,206 million USD | +2.9% |
| 1991 | 3,239 million USD | +1.0% |
| 1992 | 3,291 million USD | +1.6% |
| 1993 | 3,270 million USD | -0.6% |
| 1994 | 3,347 million USD | +2.4% |
| 1995 | 3,418 million USD | +2.1% |
| 1996 | 3,466 million USD | +1.4% |
| 1997 | 3,547 million USD | +2.3% |
| 1998 | 3,675 million USD | +3.6% |
| 1999 | 3,800 million USD | +3.4% |
| 2000 | 3,949 million USD | +3.9% |
| 2001 | 4,028 million USD | +2.0% |
| 2002 | 4,073 million USD | +1.1% |
| 2003 | 4,107 million USD | +0.8% |
| 2004 | 4,223 million USD | +2.8% |
| 2005 | 4,293 million USD | +1.7% |
| 2006 | 4,543 million USD | +5.8% |
| 2007 | 5,198 million USD | +14.4% |
| 2008 | 5,228 million USD | +0.6% |
| 2009 | 4,607 million USD | -11.9% |
| 2010 | 4,703 million USD | +2.1% |
| 2011 | 5,033 million USD | +7.0% |
| 2012 | 5,084 million USD | +1.0% |
| 2013 | 5,571 million USD | +9.6% |
| 2014 | 5,972 million USD | +7.2% |
| 2015 | 6,265 million USD | +4.9% |
| 2016 | 6,453 million USD | +3.0% |
| 2017 | 6,246 million USD | -3.2% |
| 2018 | 6,602 million USD | +5.7% |
| 2019 | 7,072 million USD | +7.1% |
| 2020 | 6,136 million USD | -13.2% |
| 2021 | 7,500 million USD | +22.2% |
| 2022 | 8,329 million USD | +11.0% |
| 2023 | 8,749 million USD | +5.0% |
| 2024 | 9,018 million USD | +3.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2,124 million USD | 1,757 million USD | 2,470 million USD | 10 |
| 1980s | 2,739 million USD | 2,509 million USD | 3,115 million USD | 10 |
| 1990s | 3,426 million USD | 3,206 million USD | 3,800 million USD | 10 |
| 2000s | 4,425 million USD | 3,949 million USD | 5,228 million USD | 10 |
| 2010s | 5,900 million USD | 4,703 million USD | 7,072 million USD | 10 |
| 2020s | 7,946 million USD | 6,136 million USD | 9,018 million USD | 5 |
Countries ranked near Monaco
- 145 Somalia 10,043 million USD compare
- 146 Sierra Leone 9,691 million USD compare
- 147 Equatorial Guinea 9,527 million USD compare
- 149 Togo 8,930 million USD compare
- 150 New Caledonia 8,884 million USD compare
- 151 Mauritania 8,613 million USD compare
More economy & growth data for Monaco
- GDP per capita 247,170 constant 2015 US$ (2024)
- GDP 11.13 billion current US$ (2024)
- GDP 10.28 billion current LCU (2024)
- GDP 9.55 billion constant 2015 US$ (2024)
- GDP growth 8.5% (2024)
- GDP 9.17 billion constant LCU (2024)
- GDP per capita 288,002 current US$ (2024)
- GDP per capita 266,082 current LCU (2024)
- Gdp per capita worldbank constant usd 247,170 (2024)
- Gdp worldbank constant usd 9.55 billion (2024)
Frequently asked questions
- What is gross domestic product — value us$, 2015 prices in Monaco?
- Gross domestic product — value us$, 2015 prices in Monaco was 9,018 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value us$, 2015 prices recorded in Monaco?
- The highest recorded value was 9,018 million USD in 2024.
- What is the lowest gross domestic product — value us$, 2015 prices recorded in Monaco?
- The lowest recorded value was 1,757 million USD in 1970.
- How does Monaco rank for gross domestic product — value us$, 2015 prices?
- Monaco ranks 148th out of 203 countries with data for 2024.
- Is gross domestic product — value us$, 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 US$, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
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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).