[ Nominal GDP in billions of USD ]
Year -
$11.13 billions
Monaco GDP expanded from 1970 to 2024, increasing from $0.29 billion to $11.13 billion.The compound annual growth rate (CAGR) averaged 6.99% over the period. The economy recorded its peak level in 2024 and its lowest level in 1970. Growth volatility remained high. The maximum drawdown reached 24.64%, indicating the largest cyclical decline from peak levels. The country experienced 10 recession episode(s) during the observed period.
| Metric | Nominal GDP (Current USD) | GDP (PPP, Int$) |
|---|---|---|
| Latest Year | 2024 | N/A |
| Latest GDP | $ 11.13 Billions | N/A |
| Growth (YoY) | 11.215% | N/A |
| Net Change vs Previous Year | $ 1.12 Billion | N/A |
| % of World GDP | 0.01% | N/A |
| Meaning | Nominal GDP (Current USD, exchange-rate based) | GDP (PPP, cost-of-living adjusted) |
| Nominal | PPP | |||||
|---|---|---|---|---|---|---|
| Year | Bil $ | Net Chg | % Chg | Int Bil $ | Net Chg | % Chg |
| 1960 | - | - | - | - | - | - |
| 1961 | - | - | - | - | - | - |
| 1962 | - | - | - | - | - | - |
| 1963 | - | - | - | - | - | - |
| 1964 | - | - | - | - | - | - |
| 1965 | - | - | - | - | - | - |
| 1966 | - | - | - | - | - | - |
| 1967 | - | - | - | - | - | - |
| 1968 | - | - | - | - | - | - |
| 1969 | - | - | - | - | - | - |
| 1970 | 0.29 | - | - | - | - | - |
| 1971 | 0.33 | 0.03 | 11.797 % | - | - | - |
| 1972 | 0.4 | 0.07 | 22.809 % | - | - | - |
| 1973 | 0.52 | 0.12 | 30.091 % | - | - | - |
| 1974 | 0.56 | 0.04 | 7.716 % | - | - | - |
| 1975 | 0.71 | 0.15 | 26.249 % | - | - | - |
| 1976 | 0.74 | 0.02 | 3.279 % | - | - | - |
| 1977 | 0.81 | 0.08 | 10.318 % | - | - | - |
| 1978 | 1 | 0.19 | 23.344 % | - | - | - |
| 1979 | 1.21 | 0.21 | 20.92 % | - | - | - |
| 1980 | 1.38 | 0.17 | 13.911 % | - | - | - |
| 1981 | 1.21 | -0.17 | -12.552 % | - | - | - |
| 1982 | 1.14 | -0.06 | -5.142 % | - | - | - |
| 1983 | 1.09 | -0.05 | -4.431 % | - | - | - |
| 1984 | 1.04 | -0.06 | -5.055 % | - | - | - |
| 1985 | 1.08 | 0.05 | 4.39 % | - | - | - |
| 1986 | 1.52 | 0.43 | 39.928 % | - | - | - |
| 1987 | 1.84 | 0.32 | 21.373 % | - | - | - |
| 1988 | 2 | 0.16 | 8.788 % | - | - | - |
| 1989 | 2.01 | 0.01 | 0.469 % | - | - | - |
| 1990 | 2.48 | 0.47 | 23.443 % | - | - | - |
| 1991 | 2.48 | 0 | -0.031 % | - | - | - |
| 1992 | 2.74 | 0.26 | 10.341 % | - | - | - |
| 1993 | 2.57 | -0.16 | -5.939 % | - | - | - |
| 1994 | 2.72 | 0.15 | 5.665 % | - | - | - |
| 1995 | 3.13 | 0.41 | 15.071 % | - | - | - |
| 1996 | 3.14 | 0.01 | 0.242 % | - | - | - |
| 1997 | 2.84 | -0.3 | -9.487 % | - | - | - |
| 1998 | 2.93 | 0.09 | 3.324 % | - | - | - |
| 1999 | 2.91 | -0.03 | -0.936 % | - | - | - |
| 2000 | 2.65 | -0.25 | -8.691 % | - | - | - |
| 2001 | 2.67 | 0.02 | 0.726 % | - | - | - |
| 2002 | 2.92 | 0.25 | 9.198 % | - | - | - |
| 2003 | 3.6 | 0.68 | 23.203 % | - | - | - |
| 2004 | 4.04 | 0.45 | 12.412 % | - | - | - |
| 2005 | 4.2 | 0.16 | 3.984 % | - | - | - |
| 2006 | 4.59 | 0.38 | 9.089 % | - | - | - |
| 2007 | 5.88 | 1.29 | 28.101 % | - | - | - |
| 2008 | 6.5 | 0.63 | 10.673 % | - | - | - |
| 2009 | 5.47 | -1.03 | -15.817 % | - | - | - |
| 2010 | 5.37 | -0.11 | -1.951 % | - | - | - |
| 2011 | 6.09 | 0.72 | 13.435 % | - | - | - |
| 2012 | 5.74 | -0.35 | -5.682 % | - | - | - |
| 2013 | 6.56 | 0.81 | 14.154 % | - | - | - |
| 2014 | 7.07 | 0.51 | 7.847 % | - | - | - |
| 2015 | 6.26 | -0.81 | -11.39 % | - | - | - |
| 2016 | 6.47 | 0.21 | 3.297 % | - | - | - |
| 2017 | 6.43 | -0.04 | -0.634 % | - | - | - |
| 2018 | 7.18 | 0.75 | 11.727 % | - | - | - |
| 2019 | 7.38 | 0.2 | 2.772 % | - | - | - |
| 2020 | 6.73 | -0.65 | -8.841 % | - | - | - |
| 2021 | 8.62 | 1.89 | 28.117 % | - | - | - |
| 2022 | 8.8 | 0.18 | 2.055 % | - | - | - |
| 2023 | 10 | 1.2 | 13.675 % | - | - | - |
| 2024 | 11.13 | 1.12 | 11.215 % | - | - | - |
Between 1970 to 2024, Monaco experienced the following economic phases:
The most remarkable growth occurred in 1986 with an increase of 39.928%, while the largest decline was in 2009 at -15.817%.