Monaco — GDP
GDP (Nominal) for Monaco, 1970–2024.
GDP for Monaco was 11.13 billion 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 293.13 million in 1970 (about 38.0× the low point). Across that span the compound annual growth rate works out to 6.97% per year.
Monaco ranks 156 of 212 economies on this measure (1 = highest), putting it in the top 74%. The median for Europe & Central Asia is 101.16 billion, so Monaco sits below it. Over the last decade (2014–2024) the figure moved up 57%. Within Europe & Central Asia it ranks 50 of 57 economies; Montenegro (9.23 billion) is just below it. Its sharpest one-year move was up 40% in 1986. That is 42% above this series' own ten-year average.
Data highlights
From its 1970 level: doubled by 1975; grown tenfold by 1995. Doubling roughly every 10 years at that pace.
World ranking. Slipped: 108th of 146 in 1970 → 109th of 163 in 1980 → 136th of 192 in 1990 → 145th of 204 in 2000 → 156th of 212 in 2010 → 156th of 210 in 2020 → 150th of 200 in 2024.
Key figures
Full history — 1970 to 2024
| Year | current US$ | Change |
|---|---|---|
| 2024 | 11,125,788,838.28 | +11.2% |
| 2023 | 10,003,897,341.18 | +13.7% |
| 2022 | 8,800,432,773.74 | +2.1% |
| 2021 | 8,623,241,326.74 | +28.1% |
| 2020 | 6,730,733,230.82 | -8.8% |
| 2019 | 7,383,494,129.41 | +2.8% |
| 2018 | 7,184,336,760.39 | +11.7% |
| 2017 | 6,430,258,224.59 | -0.6% |
| 2016 | 6,471,287,668.6 | +3.3% |
| 2015 | 6,264,753,585.63 | -11.4% |
| 2014 | 7,070,015,473.96 | +7.8% |
| 2013 | 6,555,590,641.57 | +14.2% |
| 2012 | 5,742,748,405.55 | -5.7% |
| 2011 | 6,088,690,667.32 | +13.4% |
| 2010 | 5,367,561,640 | -2.0% |
| 2009 | 5,474,381,527.62 | -15.8% |
| 2008 | 6,502,945,305.08 | +10.7% |
| 2007 | 5,875,787,545.33 | +28.1% |
| 2006 | 4,586,828,062.24 | +9.1% |
| 2005 | 4,204,651,893.54 | +4.0% |
| 2004 | 4,043,553,260.58 | +12.4% |
| 2003 | 3,597,090,047.06 | +23.2% |
| 2002 | 2,919,647,992.2 | +9.2% |
| 2001 | 2,673,722,828.62 | +0.7% |
| 2000 | 2,654,462,465.88 | -8.7% |
| 1999 | 2,907,118,416.87 | -0.9% |
| 1998 | 2,934,593,467.69 | +3.3% |
| 1997 | 2,840,195,190.37 | -9.5% |
| 1996 | 3,137,886,994.52 | +0.2% |
| 1995 | 3,130,309,995.31 | +15.1% |
| 1994 | 2,720,332,134.54 | +5.7% |
| 1993 | 2,574,494,355.73 | -5.9% |
| 1992 | 2,737,049,230.7 | +10.3% |
| 1991 | 2,480,540,845.33 | -0.0% |
| 1990 | 2,481,307,077.11 | +23.4% |
| 1989 | 2,010,083,833.17 | +0.5% |
| 1988 | 2,000,704,744.92 | +8.8% |
| 1987 | 1,839,081,463.28 | +21.4% |
| 1986 | 1,515,234,743.47 | +39.9% |
| 1985 | 1,082,867,507.33 | +4.4% |
| 1984 | 1,037,329,604.35 | -5.1% |
| 1983 | 1,092,560,364.52 | -4.4% |
| 1982 | 1,143,216,456.57 | -5.1% |
| 1981 | 1,205,188,647.93 | -12.6% |
| 1980 | 1,378,175,524.11 | +13.9% |
| 1979 | 1,209,870,147.49 | +20.9% |
| 1978 | 1,000,555,218.03 | +23.3% |
| 1977 | 811,191,392.22 | +10.3% |
| 1976 | 735,324,244.67 | +3.3% |
| 1975 | 711,978,961.89 | +26.2% |
| 1974 | 563,949,254.11 | +7.7% |
| 1973 | 523,554,039.2 | +30.1% |
| 1972 | 402,451,900.82 | +22.8% |
| 1971 | 327,706,210.44 | +11.8% |
| 1970 | 293,127,333.24 | — |
Frequently asked questions
What was Monaco’s GDP in 1971?
327,706,210.44 (1971). The full year-by-year table above lists every published year, most recent first.
Are Monaco’s GDP figures nominal or inflation-adjusted?
They are exactly as the World Bank publishes them — current US$ — with no inflation restatement and no PPP conversion. Years the source does not report are omitted rather than interpolated.
Is Monaco’s GDP growing or shrinking?
Between 1970 and 2024 the series was growing overall: +3695.5% in total — about 7.0% a year compounded.
Where does this data come from?
World Bank Open Data (CC BY-4.0), indicator NY.GDP.MKTP.CD. Values are reproduced as published; this page only computes summary statistics such as change, CAGR and extremes.
What are the most recent published figures?
The last five published years: 2024: 11,125,788,838.28; 2023: 10,003,897,341.18; 2022: 8,800,432,773.74; 2021: 8,623,241,326.74; 2020: 6,730,733,230.82. Earlier years are in the full-history table below.
Related data
NY.GDP.MKTP.CD — GDP (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.