Monaco GDP
Gross Domestic Product in current US dollars NY.GDP.MKTP.CD
Monaco's gdp was $11.1B in 2024, ranked 52nd globally. This represents a 11.2% increase from 2023. Data from World Bank, covering 1970–2024.
Overview
Monaco's gdp stood at $11.1B in 2024, a rise of +$1.1B from 2023. Monaco ranked 52nd globally.
Monaco’s gross domestic product has risen dramatically over the 55‑year series, expanding from a trough of 293,127,333.24 in 1970 to an all‑time peak of 11,125,783,372.48 in 2024, placing the principality at rank 52 globally. This growth reflects the territory’s development of high‑value services, particularly finance and luxury tourism, which have amplified per‑capita output far beyond the scale of many larger economies. By comparison, peer economies of similar rank such as Kosovo (11,197,246,322.59) and Togo (10,651,180,146.53) record comparable aggregate values, yet Monaco’s output per resident remains far higher due to its small population and specialized economic structure. The sustained upward trajectory suggests that continued diversification into technology‑driven sectors and preservation of its fiscal attractiveness could further reinforce growth, while any erosion of the regulatory environment or external shocks to luxury demand might temper the trend.
Data & projection
| Year | GDP | YoY change | Rank |
|---|---|---|---|
| 2024 | $11.1B | +$1.1B | #52 |
| 2023 | $10.0B | +$1.2B | #53 |
| 2022 | $8.8B | +$177.2M | #57 |
| 2021 | $8.6B | +$1.9B | #59 |
| 2020 | $6.7B | −$652.8M | #56 |
| 2019 | $7.4B | +$199.2M | #59 |
| 2018 | $7.2B | +$754.1M | #57 |
| 2017 | $6.4B | −$41.0M | #56 |
| 2016 | $6.5B | +$206.5M | #58 |
| 2015 | $6.3B | −$805.3M | #56 |
| 2014 | $7.1B | +$514.4M | #59 |
| 2013 | $6.6B | +$812.8M | #57 |
| 2012 | $5.7B | −$345.9M | #55 |
| 2011 | $6.1B | +$721.1M | #57 |
| 2010 | $5.4B | −$106.8M | #57 |
Analysis
Monaco's gdp was $11.1B in 2024, a rise of +$1.1B from 2023.
Frequently Asked Questions
Monaco's gdp was $11.1B in 2024. Ranked 52nd globally. This represents a 11.2% increase from the previous year.
Monaco's gdp peaked at $11.1B in 2024.
The lowest gdp in Monaco was $293.1M in 1970.
Monaco ranks 52nd globally in gdp as of 2024.
The World Bank indicator code is NY.GDP.MKTP.CD. Data sourced from World Bank.
Monaco's gdp was approximately 11.13 billion ($11.1B) in 2024.
The gdp of Monaco in 2024 was $11.1B. This ranks 52nd in the world.
Cite this page
@misc{historysaid_monaco_gdp,
title = {Monaco GDP},
url = {https://historysaid.com/monaco/gdp/},
publisher = {HistorySaid},
year = {2026}
}