Economy · Europe & Central Asia · High income
Monaco: the economy in numbers
GDP is $11.1bn (2024), 155th of 211 in the world and 50th of 57 in Europe & Central Asia. GDP per capita is $288,002 (2024), 1st of 211 in the world and 1st of 57 in Europe & Central Asia. GDP growth is 8.5% (2024), 8th of 210 in the world and 3rd of 56 in Europe & Central Asia.
GDP
Monaco
GDP per capita
MonacoEurope & Central AsiaHigh incomeWorld
7 indicators
Economy: Monaco in detail
Latest reported value, world rank and rank within Europe & Central Asia; values around 2000, 2010, 2020; group and world columns are World Bank aggregates.
| Indicator | Latest | World rank | In region | ~2000 | ~2010 | ~2020 | 10-year change | Region | Income group | World | Since 2000 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| GDPGDP, current US$ | $11.1bn2024 | 155/211 | 50/57 | $2.7bn | $5.4bn | $6.7bn | +57%since 2014 | $32.3tn | $76.9tn | $118tn | |
| GDP per capitaGDP per capita, current US$ | $288,0022024 | 1/211 | 1/57 | $81,789 | $161,854 | $176,892 | +47%since 2014 | $34,603 | $53,997 | $14,406 | |
| GDP growthGDP growth, annual % | 8.5%2024 | 8/210 | 3/56 | 3.9% | 2.1% | -13.2% | +1.3 ppsince 2014 | 1.7% | 1.9% | 2.9% | |
| GDP per capita growthGDP per capita growth, annual % | 9.4%2024 | 6/210 | 2/56 | 3.8% | -0.4% | -13.1% | +4.3 ppsince 2014 | 1.3% | 1.5% | 2.0% | |
| Industry shareIndustry incl. construction, % of GDP | 12.8%2024 | 170/201 | 51/57 | · | 12.9% | 14.9% | +0.2 ppsince 2014 | 22.7% | 21.3% | 25.0% | |
| Services shareServices, % of GDP | 87.2%2024 | 7/201 | 3/57 | · | 87.1% | 85.1% | −0.2 ppsince 2014 | 65.5% | 69.1% | 63.3% | |
| Resource rentsNatural resources rents, % of GDP | 0.0%2021 | 200/209 | 55/56 | 0.0% | 0.0% | 0.0% | ±0.0 ppsince 2011 | 2.2% | 2.5% | 3.1% |
Source: World Bank, World Development Indicators (CC BY 4.0)“·” — no value reported within two years of that date. World rank counts countries with a recent value.
Better than ten years ago
- GDP+57%$11.1bn in 2024
- GDP per capita+47%$288,002 in 2024
- GDP growth+1.3 pp8.5% in 2024
- GDP per capita growth+4.3 pp9.4% in 2024
Worse than ten years ago
No rated indicator got worse over the decade.
Only indicators where higher or lower is clearly better are rated (for example, unemployment down is better, life expectancy up is better).
neighbours
Monaco and its neighbours
Countries sharing a land border with Monaco. Latest values since 2005; the highest in each row is marked.
| Indicator | Monaco | France |
|---|---|---|
| GDP | $11.1bn2024 | $3.4tn2025 |
| GDP per capita | $288,0022024 | $48,9862025 |
| GDP growth | 8.5%2024 | 0.8%2025 |
| GDP per capita growth | 9.4%2024 | 0.6%2025 |
| Industry share | 12.8%2024 | 16.8%2025 |
| Services share | 87.2%2024 | 70.9%2025 |
| Resource rents | 0.0%2021 | 0.0%2021 |