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Monaco — GDP per capita

GDP per Capita (Nominal) for Monaco, 1970–2024.

Latest value · 2024
288,002
GDP per Capita (Nominal) · current US$ · +2280.5% since 1970

GDP per capita for Monaco was 288,002 in 2024, according to the latest World Bank data. The series covers 55 years, from 1970 to 2024. The latest year is also the highest value on record for this series. The lowest was 12,098 in 1970 (about 23.8× the low point). Across that span the compound annual growth rate works out to 6.05% per year.

Monaco ranks 1 of 212 economies on this measure (1 = highest), putting it in the top 1%. The median for Europe & Central Asia is 32,959, so Monaco sits above it. Over the last decade (2014–2024) the figure moved up 47%.

Key figures

Latest (2024)
288,002
First (1970)
12,098
Change
+2280.5%
Highest
288,002
in 2024
Lowest
12,098
in 1970
Average
107,605
Annual growth (CAGR)
6.05%
Years of data
55

Recent years

Yearcurrent US$
2024288,001.57
2023256,799.91
2022226,052.06
2021223,823.33
2020176,891.81
2019193,746.73
2018188,298.39
2017170,663.47
2016173,604.67
2015170,437.02
2014195,693.52
2013184,940.63
Reading this correctly. Nominal GDP divided by midyear population. A rough proxy for average income; it does not account for income distribution. Figures are in current US$. Comparing this series with a different measure of the same concept (for example a nominal figure against a purchasing-power-parity figure) will give misleading results.

Related data

Source. World Bank Open Data, indicator NY.GDP.PCAP.CD — GDP per Capita (Nominal). Data licensed under CC BY 4.0. Values are reproduced as published; this page computes the summary statistics (change, CAGR, extremes) from the underlying annual series. View the original dataset on data.worldbank.org.