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Economy Snapshot

Monaco Economy and Trade

MonacoLocal time

GDP $11.13B · real growth 8.5% · latest verified annual data

Monaco records $11.13B of nominal GDP in the 2024 observation used here, while real GDP growth is 8.5% in 2024. GDP per capita is $288,002 for 2024; no comparable CPI observation is inserted where the page has not verified one. Reference years remain attached to each series so readers can compare the figures without treating differently dated measures as one snapshot.

Nominal GDP
$11.13B
current US$ · 2024
World Bank
GDP per capita
$288,002
current US$ · 2024
Source listed below
Real GDP growth
8.5%
annual % · 2024
Source listed below
Inflation
Unavailable
CPI annual % · Unavailable
Source listed below

Monaco at a Glance

Each measure keeps its actual reference year and definition.

Output trend

Nominal GDP · annual observations · current US$ · World Bank
201520172019202120232024$6.26B$11.13B
2015: $6.26B2016: $6.47B2017: $6.43B2018: $7.18B2019: $7.38B2020: $6.73B2021: $8.62B2022: $8.80B2023: $10.00B2024: $11.13B
GDP per capita$288,002
Real growth8.5%
GDP year2024
2024 GDP per capita
$288,002
current US$

Macro signals

Available measures are shown with their reported reference periods.

Macro signals

World Bank annual observations
MACRO
Real growth20248.5%
Unemployment · UnavailableUnavailable
Inflation · UnavailableUnavailable
Understand the numbers

What Monaco's economic profile is telling you

Monaco's latest World Bank annual GDP observation is for 2024, when nominal output was about $11.13 billion and real growth was 8.5 percent. GDP per capita was exceptionally high, while the World Bank profile does not provide modeled unemployment and comparable current CPI and merchandise fields remain unavailable here.

Reading the macro data

Nominal GDP measures current-dollar size. Real growth, inflation and unemployment describe different economic conditions and can have different reference years.

Reading the trade data

Merchandise trade covers goods. A balance appears only when exports and imports have a verified matching year and currency basis.

Detailed Economic Data

IndicatorMonacoReference periodStatus
GDPcurrent US$$11.13B2024Actual
GDP per capitacurrent US$$288,0022024Actual
Real GDP growthannual %8.5%2024Actual
InflationCPI annual %UnavailableUnavailableUnavailable
Unemploymentmodeled ILO estimateUnavailableUnavailableUnavailable
Merchandise balancematched year requiredNot calculatedUnavailableUnavailable

Frequently Asked Questions

What is Monaco's latest GDP?

The verified GDP observation used here is $11.13B for 2024.

What does merchandise trade show for Monaco?

A matched merchandise export and import pair was not independently resolved on this page, so no goods balance is calculated.

Sources & methodology

Sources for the economic indicators and definitions shown above.

View sources used for this page
WTO Tariff and Trade Data

Matched-year merchandise trade where independently resolved.