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Monaco GDP

Monaco's GDP rose to $10 billion in 2023, up from $8.8 billion in 2022, according to World Bank. This represents an increase of 13.6% ($1.19 billion) from the previous year and accounts for 0.01% of the world's total GDP. Monaco has GDP lower than the global median ($10.00 billion vs median $35.85 billion). Compared with the median in Europe, Monaco is lower ($10.00 billion vs regional median $126.99 billion) and ranks 42nd out of 48 countries in Europe.

Monaco's GDP per capita rose to $224,582.5 in 2023, up from $213,937 in 2022.

Yearly Historical Data (1970-2023)

(in Billion USD)
Year GDP (Billion USD)
2023 10
2022 8.8
2021 8.62
2020 6.73
2019 7.38
2018 7.18
2017 6.43
2016 6.47
2015 6.26
2014 7.07
2013 6.56
2012 5.74
2011 6.09
2010 5.37
2009 5.47
2008 6.5
2007 5.88
2006 4.59
2005 4.2
2004 4.04
2003 3.6
2002 2.92
2001 2.67
2000 2.65
1999 2.91
1998 2.93
1997 2.84
1996 3.14
1995 3.13
1994 2.72
1993 2.57
1992 2.74
1991 2.48
1990 2.48
1989 2.01
1988 2
1987 1.84
1986 1.52
1985 1.08
1984 1.04
1983 1.09
1982 1.14
1981 1.21
1980 1.38
1979 1.21
1978 1
1977 0.81
1976 0.74
1975 0.71
1974 0.56
1973 0.52
1972 0.4
1971 0.33
1970 0.29
Monaco GDP : Definition
GDP measures the total value of all goods and services produced in Monaco, measured in current US dollars. It is also called Nominal GDP.
Indicator Last Value Prior Value Period
GDP Annual Growth Rate 5.04% 11.05% 2023
GDP per Capita $224,582.5 $213,937 2023
Real GDP $8.75B $8.33B 2023