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Monaco
Monaco
HistorySaid – ranking
Monaco ranks 45th globally by GDP ($11.1B in 2024). View →
HistorySaid – population
Monaco has a population of 38,631 as of 2024 (growth: -0.83%). View →
Economy & Growth
GDP $11.1B
GDP per Capita $288,001
GDP Growth 8.51%
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| Indicator | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|---|
| Agriculture Value Added | – | – | – | – | – | – |
| GDP | $8.8B | $10.0B | $11.1B | $12.1B Trend | $13.1B Trend | $14.1B Trend |
| GDP Deflator | 3.02% | 4.99% | 2.39% | 3.70% Trend | 3.95% Trend | 4.21% Trend |
| GDP Growth | 11.27% | 5.44% | 8.51% | – | – | – |
| GDP PPP | – | – | – | – | – | – |
| GDP per Capita | $226,052 | $256,800 | $288,001 | $310,872 Trend | $336,392 Trend | $361,911 Trend |
| GDP per Capita PPP | – | – | – | – | – | – |
| GNI | – | – | – | – | – | – |
| GNI per Capita | – | – | – | – | – | – |
| Gross Savings | – | – | – | – | – | – |
| Industry Value Added | 12.28% | 11.50% | 12.80% | 11.23% Trend | 10.71% Trend | 10.18% Trend |
| Services Value Added | 87.73% | 88.50% | 87.20% | 88.77% Trend | 89.29% Trend | 89.82% Trend |
Italic values are IMF World Economic Outlook projections.
Prices & Inflation
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Population
Population 38,631
Population Growth -0.84%
Population Density 18,692.9
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| Indicator | 2023 | 2024 | 2025 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|---|---|
| Birth Rate | 9.4 | – | – | 8.5 Trend | 8.3 Trend | – | – |
| Death Rate | 21.0 | – | – | 22.2 Trend | 22.2 Trend | – | – |
| Dependency Ratio | 98.16 | 98.57 | – | 99.03 Trend | 99.10 Trend | 99.17 Trend | – |
| Fertility Rate | 2.11 | – | – | 1.89 Trend | 1.80 Trend | – | – |
| Life Expectancy | 86.4 | – | – | 85.9 Trend | 85.9 Trend | – | – |
| Net Migration | 88 | 110 | 100 | – | -347 Trend | -615 Trend | -883 Trend |
| Population | 38,956 | 38,631 | – | 39,096 Trend | 39,255 Trend | 39,415 Trend | – |
| Population Density | 18,692.9 | – | – | 18,564.1 Trend | 18,533.5 Trend | – | – |
| Population Growth | 0.06% | -0.84% | – | -0.49% Trend | -0.75% Trend | -1.00% Trend | – |
| Refugee Population | – | – | – | – | – | – | – |
| Urban Population | 100.00% | 100.00% | – | 100.00% Trend | 100.00% Trend | 100.00% Trend | – |
Italic values are IMF World Economic Outlook projections.
Employment
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Government
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| Indicator | 2021 | 2022 | 2023 | 2025 | 2026 |
|---|---|---|---|---|---|
| Budget Deficit | – | – | – | – | – |
| Education Spending | – | – | – | – | – |
| Government Debt to GDP | – | – | – | – | – |
| Government Revenue | – | – | – | – | – |
| Government Spending | – | – | – | – | – |
| Health Spending | 3.67% | 3.39% | 3.12% | 2.71% Trend | 2.47% Trend |
| Military Spending | – | – | – | – | – |
| Tax Revenue | – | – | – | – | – |
Italic values are IMF World Economic Outlook projections.
Debt
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Money
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| Indicator | 2017 | 2018 | 2019 |
|---|---|---|---|
| Credit to GDP | – | – | – |
| Deposit Rate | – | – | – |
| Lending Rate | – | – | – |
| M2 Money Supply Growth | – | – | – |
| Non-Performing Loans | 0.23% | 0.22% | 0.24% |
| Real Interest Rate | – | – | – |
Italic values are IMF World Economic Outlook projections.
Currency
Exchange Rate 0.92
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| Indicator | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|---|
| Exchange Rate | 0.95 | 0.92 | 0.92 | 0.96 Trend | 0.97 Trend | 0.99 Trend |
| Foreign Reserves | – | – | – | – | – | – |
| Real Effective Exchange Rate | – | – | – | – | – | – |
| Reserves in Months of Imports | – | – | – | – | – | – |
Italic values are IMF World Economic Outlook projections.
Trade
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Financial Markets
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Political Stability
Political Stability 1.18
Government Effectiveness 2.02
Regulatory Quality 1.35
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| Indicator | 2021 | 2022 | 2023 | 2025 | 2026 |
|---|---|---|---|---|---|
| Control of Corruption | 1.28 | 1.27 | 1.25 | 0.95 Trend | 0.84 Trend |
| Government Effectiveness | 2.03 | 2.05 | 2.02 | 2.14 Trend | 2.18 Trend |
| Political Stability | 1.17 | 1.19 | 1.18 | 0.95 Trend | 0.87 Trend |
| Regulatory Quality | 1.36 | 1.40 | 1.35 | 1.46 Trend | 1.49 Trend |
| Rule of Law | 1.39 | 1.49 | 1.48 | 1.47 Trend | 1.47 Trend |
| Voice and Accountability | 0.70 | 0.72 | 0.65 | 0.70 Trend | 0.70 Trend |
Italic values are IMF World Economic Outlook projections.
Health
Health Expenditure per Capita $8,004
Infant Mortality Rate 2.3
Maternal Mortality Ratio 5.00
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| Indicator | 2021 | 2022 | 2023 | 2025 | 2026 |
|---|---|---|---|---|---|
| Health Expenditure per Capita | $8,225 | $7,674 | $8,004 | $8,227 Trend | $8,333 Trend |
| Hospital Beds | – | – | – | – | – |
| Infant Mortality Rate | 2.4 | 2.3 | 2.3 | 2.1 Trend | 2.0 Trend |
| Maternal Mortality Ratio | 5.00 | 5.00 | 5.00 | 0.60 Trend | -1.50 Trend |
| Physicians | – | – | – | – | – |
Italic values are IMF World Economic Outlook projections.
Education
Tertiary Enrollment 77.48%
Education Spending 1.73%
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| Indicator | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|---|
| Education Spending | 1.17% | 1.73% | – | 1.52% Trend | 1.54% Trend | – |
| Literacy Rate | – | – | – | – | – | – |
| Primary Enrollment | – | – | 120.58% | 127.01% Trend | 126.78% Trend | 126.55% Trend |
| Tertiary Enrollment | – | – | 77.48% | – | – | – |
Italic values are IMF World Economic Outlook projections.
Energy
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| Indicator | 2021 | 2022 | 2023 | 2025 | 2026 |
|---|---|---|---|---|---|
| CO2 Emissions | – | – | – | – | – |
| CO2 per Capita | – | – | – | – | – |
| Electricity Access | 100.00% | 100.00% | 100.00% | 100.00% Trend | 100.00% Trend |
| Energy Use per Capita | – | – | – | – | – |
| Forest Area | 0.00% | 0.00% | 0.00% | 0.00% Trend | 0.00% Trend |
| Renewable Energy | – | – | – | – | – |
Italic values are IMF World Economic Outlook projections.
Technology
Internet Users 99.15%
Mobile Subscriptions 104.06
R&D Spending 0.04%
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| Indicator | 2021 | 2022 | 2023 | 2025 | 2026 |
|---|---|---|---|---|---|
| High-tech Exports | – | – | – | – | – |
| Internet Users | 99.08% | 99.15% | 99.15% | 108.74% Trend | 111.96% Trend |
| Mobile Subscriptions | 97.14 | 100.06 | 104.06 | 111.69 Trend | 115.45 Trend |
| Patent Applications | 5 | – | – | – | – |
| R&D Spending | – | – | – | – | – |
Italic values are IMF World Economic Outlook projections.
Inequality
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