Three fixed historical periods

Read the economy through three eras

Every chart uses the same labeled periods. There is no page-wide selection to remember as you move between topics.

Formation1970–1990

Integration1990–2010

Current era2010–2024

01 · Economic overview

What should a reader know first?

Latest values orient the reader; the three-era analysis below shows how the economic record developed.

Nominal GDP$11.13B2024 · Latest current-price total · World rank 153 of 210

Real GDP growth8.8%2024 · Latest constant-price annual change · Constant-price annual change

GDP per capita$288,0022024 · Current U.S. dollars; not PPP adjusted · Current U.S. dollars; not PPP adjusted

Share of world GDP0.0%2024 · Share of the official world total · Official world aggregate denominator

Largest broad activity59.1%2024 · Largest broad production activity · Other activities

Manufacturing3.2%2024 · Share of total gross value added · World gap −12.4 pp

Economic overview annual rank and index table55 annual rows

Annual core economic measures, world ranks and comparable world indices. Annual rows cover the full 1970–2024 AMA record wherever the source publishes a value. World ranks run highest-to-lowest. The position index converts rank to a 0–100 scale: 100 is first and 0 is last; it is not a performance score. World comparison is either a world-equals-100 value index or a percentage-point gap, according to the measure.

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Showing 55 of 55 rows

Economic overview annual rank and index table

Monaco	1970	$284.11M	121 of 178 · highest-to-lowest	32.2 / 100	0.0 (world = 100)	Source observation unavailable	Not calculable without a source observation	Not calculable without a source observation	Comparable world observation unavailable	$11,726	1 of 178 · highest-to-lowest	100.0 / 100	1263.1 (world = 100)	0.0%	121 of 178 · highest-to-lowest	32.2 / 100	-100.0 pp vs world
Monaco	1971	$317.65M	122 of 178 · highest-to-lowest	31.6 / 100	0.0 (world = 100)	5.3%	76 of 178 · highest-to-lowest	57.6 / 100	+1.1 pp vs world	$12,925	1 of 178 · highest-to-lowest	100.0 / 100	1290.6 (world = 100)	0.0%	122 of 178 · highest-to-lowest	31.6 / 100	-100.0 pp vs world
Monaco	1972	$389.44M	121 of 178 · highest-to-lowest	32.2 / 100	0.0 (world = 100)	4.5%	96 of 178 · highest-to-lowest	46.3 / 100	-0.8 pp vs world	$15,664	1 of 178 · highest-to-lowest	100.0 / 100	1386.3 (world = 100)	0.0%	121 of 178 · highest-to-lowest	32.2 / 100	-100.0 pp vs world
Monaco	1973	$506.07M	116 of 178 · highest-to-lowest	35.0 / 100	0.0 (world = 100)	6.3%	75 of 178 · highest-to-lowest	58.2 / 100	-0.1 pp vs world	$20,184	1 of 178 · highest-to-lowest	100.0 / 100	1497.0 (world = 100)	0.0%	116 of 178 · highest-to-lowest	35.0 / 100	-100.0 pp vs world
Monaco	1974	$546.49M	125 of 178 · highest-to-lowest	29.9 / 100	0.0 (world = 100)	4.3%	96 of 178 · highest-to-lowest	46.3 / 100	+2.2 pp vs world	$21,656	2 of 178 · highest-to-lowest	99.4 / 100	1444.6 (world = 100)	0.0%	125 of 178 · highest-to-lowest	29.9 / 100	-100.0 pp vs world
Monaco	1975	$690.61M	122 of 178 · highest-to-lowest	31.6 / 100	0.0 (world = 100)	-1.0%	138 of 178 · highest-to-lowest	22.6 / 100	-1.8 pp vs world	$27,083	2 of 178 · highest-to-lowest	99.4 / 100	1645.5 (world = 100)	0.0%	122 of 178 · highest-to-lowest	31.6 / 100	-100.0 pp vs world
Monaco	1976	$712.57M	120 of 178 · highest-to-lowest	32.8 / 100	0.0 (world = 100)	4.4%	106 of 178 · highest-to-lowest	40.7 / 100	-0.8 pp vs world	$27,518	2 of 178 · highest-to-lowest	99.4 / 100	1575.0 (world = 100)	0.0%	120 of 178 · highest-to-lowest	32.8 / 100	-100.0 pp vs world
Monaco	1977	$785.23M	121 of 178 · highest-to-lowest	32.2 / 100	0.0 (world = 100)	3.5%	100 of 178 · highest-to-lowest	44.1 / 100	-0.7 pp vs world	$29,887	2 of 178 · highest-to-lowest	99.4 / 100	1546.1 (world = 100)	0.0%	121 of 178 · highest-to-lowest	32.2 / 100	-100.0 pp vs world
Monaco	1978	$969.74M	118 of 178 · highest-to-lowest	33.9 / 100	0.0 (world = 100)	4.0%	109 of 178 · highest-to-lowest	39.0 / 100	-0.4 pp vs world	$36,450	1 of 178 · highest-to-lowest	100.0 / 100	1619.4 (world = 100)	0.0%	118 of 178 · highest-to-lowest	33.9 / 100	-100.0 pp vs world
Monaco	1979	$1.18B	118 of 178 · highest-to-lowest	33.9 / 100	0.0 (world = 100)	3.5%	113 of 178 · highest-to-lowest	36.7 / 100	-0.5 pp vs world	$43,695	1 of 178 · highest-to-lowest	100.0 / 100	1716.6 (world = 100)	0.0%	118 of 178 · highest-to-lowest	33.9 / 100	-100.0 pp vs world
Monaco	1980	$1.34B	116 of 178 · highest-to-lowest	35.0 / 100	0.0 (world = 100)	1.6%	112 of 178 · highest-to-lowest	37.3 / 100	-0.3 pp vs world	$49,488	1 of 178 · highest-to-lowest	100.0 / 100	1773.4 (world = 100)	0.0%	116 of 178 · highest-to-lowest	35.0 / 100	-100.0 pp vs world
Monaco	1981	$1.18B	122 of 178 · highest-to-lowest	31.6 / 100	0.0 (world = 100)	1.1%	115 of 178 · highest-to-lowest	35.6 / 100	-0.9 pp vs world	$43,164	2 of 178 · highest-to-lowest	99.4 / 100	1540.9 (world = 100)	0.0%	122 of 178 · highest-to-lowest	31.6 / 100	-100.0 pp vs world
Monaco	1982	$1.12B	124 of 178 · highest-to-lowest	30.5 / 100	0.0 (world = 100)	2.5%	69 of 178 · highest-to-lowest	61.6 / 100	+2.0 pp vs world	$40,614	1 of 178 · highest-to-lowest	100.0 / 100	1488.2 (world = 100)	0.0%	124 of 178 · highest-to-lowest	30.5 / 100	-100.0 pp vs world
Monaco	1983	$1.07B	128 of 178 · highest-to-lowest	28.2 / 100	0.0 (world = 100)	1.2%	101 of 178 · highest-to-lowest	43.5 / 100	-1.6 pp vs world	$38,324	1 of 178 · highest-to-lowest	100.0 / 100	1394.7 (world = 100)	0.0%	128 of 178 · highest-to-lowest	28.2 / 100	-100.0 pp vs world
Monaco	1984	$1.02B	128 of 178 · highest-to-lowest	28.2 / 100	0.0 (world = 100)	1.5%	132 of 178 · highest-to-lowest	26.0 / 100	-3.2 pp vs world	$35,819	1 of 178 · highest-to-lowest	100.0 / 100	1290.1 (world = 100)	0.0%	128 of 178 · highest-to-lowest	28.2 / 100	-100.0 pp vs world
Monaco	1985	$1.06B	130 of 178 · highest-to-lowest	27.1 / 100	0.0 (world = 100)	1.6%	126 of 178 · highest-to-lowest	29.4 / 100	-1.9 pp vs world	$36,847	1 of 178 · highest-to-lowest	100.0 / 100	1315.9 (world = 100)	0.0%	130 of 178 · highest-to-lowest	27.1 / 100	-100.0 pp vs world
Monaco	1986	$1.48B	122 of 178 · highest-to-lowest	31.6 / 100	0.0 (world = 100)	2.3%	109 of 178 · highest-to-lowest	39.0 / 100	-0.8 pp vs world	$50,752	1 of 178 · highest-to-lowest	100.0 / 100	1600.6 (world = 100)	0.0%	122 of 178 · highest-to-lowest	31.6 / 100	-100.0 pp vs world
Monaco	1987	$1.79B	119 of 178 · highest-to-lowest	33.3 / 100	0.0 (world = 100)	2.6%	108 of 178 · highest-to-lowest	39.5 / 100	-1.1 pp vs world	$60,715	1 of 178 · highest-to-lowest	100.0 / 100	1723.9 (world = 100)	0.0%	119 of 178 · highest-to-lowest	33.3 / 100	-100.0 pp vs world
Monaco	1988	$1.95B	120 of 178 · highest-to-lowest	32.8 / 100	0.0 (world = 100)	4.7%	89 of 178 · highest-to-lowest	50.3 / 100	+0.2 pp vs world	$65,474	1 of 178 · highest-to-lowest	100.0 / 100	1692.1 (world = 100)	0.0%	120 of 178 · highest-to-lowest	32.8 / 100	-100.0 pp vs world
Monaco	1989	$1.96B	124 of 179 · highest-to-lowest	30.9 / 100	0.0 (world = 100)	4.3%	72 of 178 · highest-to-lowest	59.9 / 100	+0.6 pp vs world	$65,218	1 of 179 · highest-to-lowest	100.0 / 100	1641.2 (world = 100)	0.0%	124 of 179 · highest-to-lowest	30.9 / 100	-100.0 pp vs world
Monaco	1990	$2.43B	143 of 206 · highest-to-lowest	30.7 / 100	0.0 (world = 100)	2.9%	106 of 179 · highest-to-lowest	41.0 / 100	-0.1 pp vs world	$80,010	1 of 206 · highest-to-lowest	100.0 / 100	1844.2 (world = 100)	0.0%	143 of 206 · highest-to-lowest	30.7 / 100	-100.0 pp vs world
Monaco	1991	$2.43B	143 of 206 · highest-to-lowest	30.7 / 100	0.0 (world = 100)	1.0%	120 of 206 · highest-to-lowest	42.0 / 100	-0.2 pp vs world	$79,318	1 of 206 · highest-to-lowest	100.0 / 100	1770.6 (world = 100)	0.0%	143 of 206 · highest-to-lowest	30.7 / 100	-100.0 pp vs world
Monaco	1992	$2.68B	138 of 206 · highest-to-lowest	33.2 / 100	0.0 (world = 100)	1.6%	114 of 206 · highest-to-lowest	44.9 / 100	-0.5 pp vs world	$86,836	1 of 206 · highest-to-lowest	100.0 / 100	1840.5 (world = 100)	0.0%	138 of 206 · highest-to-lowest	33.2 / 100	-100.0 pp vs world
Monaco	1993	$2.53B	139 of 206 · highest-to-lowest	32.7 / 100	0.0 (world = 100)	-0.6%	149 of 206 · highest-to-lowest	27.8 / 100	-2.4 pp vs world	$81,315	1 of 206 · highest-to-lowest	100.0 / 100	1717.3 (world = 100)	0.0%	139 of 206 · highest-to-lowest	32.7 / 100	-100.0 pp vs world
Monaco	1994	$2.67B	134 of 206 · highest-to-lowest	35.1 / 100	0.0 (world = 100)	2.4%	134 of 206 · highest-to-lowest	35.1 / 100	-0.9 pp vs world	$85,032	1 of 206 · highest-to-lowest	100.0 / 100	1708.6 (world = 100)	0.0%	134 of 206 · highest-to-lowest	35.1 / 100	-100.0 pp vs world
Monaco	1995	$3.06B	134 of 206 · highest-to-lowest	35.1 / 100	0.0 (world = 100)	2.1%	149 of 206 · highest-to-lowest	27.8 / 100	-1.0 pp vs world	$96,937	1 of 206 · highest-to-lowest	100.0 / 100	1782.2 (world = 100)	0.0%	134 of 206 · highest-to-lowest	35.1 / 100	-100.0 pp vs world
Monaco	1996	$3.07B	136 of 206 · highest-to-lowest	34.1 / 100	0.0 (world = 100)	1.4%	162 of 206 · highest-to-lowest	21.5 / 100	-2.1 pp vs world	$96,530	1 of 206 · highest-to-lowest	100.0 / 100	1762.5 (world = 100)	0.0%	136 of 206 · highest-to-lowest	34.1 / 100	-100.0 pp vs world
Monaco	1997	$2.78B	140 of 206 · highest-to-lowest	32.2 / 100	0.0 (world = 100)	2.3%	152 of 206 · highest-to-lowest	26.3 / 100	-1.6 pp vs world	$86,724	1 of 206 · highest-to-lowest	100.0 / 100	1613.2 (world = 100)	0.0%	140 of 206 · highest-to-lowest	32.2 / 100	-100.0 pp vs world
Monaco	1998	$2.88B	141 of 206 · highest-to-lowest	31.7 / 100	0.0 (world = 100)	3.6%	116 of 206 · highest-to-lowest	43.9 / 100	+0.8 pp vs world	$89,157	1 of 206 · highest-to-lowest	100.0 / 100	1691.6 (world = 100)	0.0%	141 of 206 · highest-to-lowest	31.7 / 100	-100.0 pp vs world
Monaco	1999	$2.86B	144 of 206 · highest-to-lowest	30.2 / 100	0.0 (world = 100)	3.4%	100 of 206 · highest-to-lowest	51.7 / 100	-0.2 pp vs world	$88,173	2 of 206 · highest-to-lowest	99.5 / 100	1631.8 (world = 100)	0.0%	144 of 206 · highest-to-lowest	30.2 / 100	-100.0 pp vs world
Monaco	2000	$2.61B	146 of 206 · highest-to-lowest	29.3 / 100	0.0 (world = 100)	3.9%	114 of 206 · highest-to-lowest	44.9 / 100	-0.5 pp vs world	$80,531	2 of 206 · highest-to-lowest	99.5 / 100	1466.9 (world = 100)	0.0%	146 of 206 · highest-to-lowest	29.3 / 100	-100.0 pp vs world
Monaco	2001	$2.64B	145 of 206 · highest-to-lowest	29.8 / 100	0.0 (world = 100)	2.0%	132 of 206 · highest-to-lowest	36.1 / 100	-0.1 pp vs world	$81,260	2 of 206 · highest-to-lowest	99.5 / 100	1508.4 (world = 100)	0.0%	145 of 206 · highest-to-lowest	29.8 / 100	-100.0 pp vs world
Monaco	2002	$2.87B	146 of 206 · highest-to-lowest	29.3 / 100	0.0 (world = 100)	1.1%	155 of 206 · highest-to-lowest	24.9 / 100	-1.1 pp vs world	$88,628	1 of 206 · highest-to-lowest	100.0 / 100	1602.6 (world = 100)	0.0%	146 of 206 · highest-to-lowest	29.3 / 100	-100.0 pp vs world
Monaco	2003	$3.53B	143 of 206 · highest-to-lowest	30.7 / 100	0.0 (world = 100)	0.8%	169 of 206 · highest-to-lowest	18.0 / 100	-2.2 pp vs world	$109,044	1 of 206 · highest-to-lowest	100.0 / 100	1780.5 (world = 100)	0.0%	143 of 206 · highest-to-lowest	30.7 / 100	-100.0 pp vs world
Monaco	2004	$4.06B	143 of 206 · highest-to-lowest	30.7 / 100	0.0 (world = 100)	2.8%	156 of 206 · highest-to-lowest	24.4 / 100	-1.6 pp vs world	$125,567	1 of 206 · highest-to-lowest	100.0 / 100	1844.6 (world = 100)	0.0%	143 of 206 · highest-to-lowest	30.7 / 100	-100.0 pp vs world
Monaco	2005	$4.20B	145 of 208 · highest-to-lowest	30.4 / 100	0.0 (world = 100)	1.7%	181 of 206 · highest-to-lowest	12.2 / 100	-2.3 pp vs world	$130,539	1 of 208 · highest-to-lowest	100.0 / 100	1791.6 (world = 100)	0.0%	145 of 208 · highest-to-lowest	30.4 / 100	-100.0 pp vs world
Monaco	2006	$4.59B	145 of 208 · highest-to-lowest	30.4 / 100	0.0 (world = 100)	5.8%	90 of 208 · highest-to-lowest	57.0 / 100	+1.4 pp vs world	$143,082	1 of 208 · highest-to-lowest	100.0 / 100	1834.9 (world = 100)	0.0%	145 of 208 · highest-to-lowest	30.4 / 100	-100.0 pp vs world
Monaco	2007	$5.88B	143 of 208 · highest-to-lowest	31.4 / 100	0.0 (world = 100)	14.4%	10 of 208 · highest-to-lowest	95.7 / 100	+10.1 pp vs world	$184,561	1 of 208 · highest-to-lowest	100.0 / 100	2125.2 (world = 100)	0.0%	143 of 208 · highest-to-lowest	31.4 / 100	-100.0 pp vs world
Monaco	2008	$6.50B	148 of 210 · highest-to-lowest	29.7 / 100	0.0 (world = 100)	0.6%	166 of 208 · highest-to-lowest	20.3 / 100	-1.4 pp vs world	$204,265	1 of 210 · highest-to-lowest	100.0 / 100	2169.4 (world = 100)	0.0%	148 of 210 · highest-to-lowest	29.7 / 100	-100.0 pp vs world
Monaco	2009	$5.47B	151 of 210 · highest-to-lowest	28.2 / 100	0.0 (world = 100)	-11.9%	200 of 210 · highest-to-lowest	4.8 / 100	-10.5 pp vs world	$169,149	1 of 210 · highest-to-lowest	100.0 / 100	1917.4 (world = 100)	0.0%	151 of 210 · highest-to-lowest	28.2 / 100	-100.0 pp vs world
Monaco	2010	$5.37B	156 of 210 · highest-to-lowest	25.8 / 100	0.0 (world = 100)	2.1%	147 of 210 · highest-to-lowest	30.1 / 100	-2.4 pp vs world	$161,855	1 of 210 · highest-to-lowest	100.0 / 100	1696.5 (world = 100)	0.0%	156 of 210 · highest-to-lowest	25.8 / 100	-100.0 pp vs world
Monaco	2011	$6.09B	157 of 210 · highest-to-lowest	25.4 / 100	0.0 (world = 100)	7.0%	42 of 210 · highest-to-lowest	80.4 / 100	+3.7 pp vs world	$179,364	1 of 210 · highest-to-lowest	100.0 / 100	1711.2 (world = 100)	0.0%	157 of 210 · highest-to-lowest	25.4 / 100	-100.0 pp vs world
Monaco	2012	$5.74B	157 of 210 · highest-to-lowest	25.4 / 100	0.0 (world = 100)	1.0%	148 of 210 · highest-to-lowest	29.7 / 100	-1.7 pp vs world	$165,446	1 of 210 · highest-to-lowest	100.0 / 100	1565.1 (world = 100)	0.0%	157 of 210 · highest-to-lowest	25.4 / 100	-100.0 pp vs world
Monaco	2013	$6.56B	154 of 210 · highest-to-lowest	26.8 / 100	0.0 (world = 100)	9.6%	12 of 210 · highest-to-lowest	94.7 / 100	+6.8 pp vs world	$184,941	1 of 210 · highest-to-lowest	100.0 / 100	1720.3 (world = 100)	0.0%	154 of 210 · highest-to-lowest	26.8 / 100	-100.0 pp vs world
Monaco	2014	$7.07B	154 of 210 · highest-to-lowest	26.8 / 100	0.0 (world = 100)	7.2%	29 of 210 · highest-to-lowest	86.6 / 100	+4.1 pp vs world	$195,694	1 of 210 · highest-to-lowest	100.0 / 100	1795.5 (world = 100)	0.0%	154 of 210 · highest-to-lowest	26.8 / 100	-100.0 pp vs world
Monaco	2015	$6.26B	157 of 210 · highest-to-lowest	25.4 / 100	0.0 (world = 100)	4.9%	56 of 210 · highest-to-lowest	73.7 / 100	+1.8 pp vs world	$170,437	1 of 210 · highest-to-lowest	100.0 / 100	1673.5 (world = 100)	0.0%	157 of 210 · highest-to-lowest	25.4 / 100	-100.0 pp vs world
Monaco	2016	$6.47B	154 of 210 · highest-to-lowest	26.8 / 100	0.0 (world = 100)	3.0%	111 of 210 · highest-to-lowest	47.4 / 100	+0.3 pp vs world	$173,605	1 of 210 · highest-to-lowest	100.0 / 100	1696.7 (world = 100)	0.0%	154 of 210 · highest-to-lowest	26.8 / 100	-100.0 pp vs world
Monaco	2017	$6.43B	156 of 210 · highest-to-lowest	25.8 / 100	0.0 (world = 100)	-3.2%	196 of 210 · highest-to-lowest	6.7 / 100	-6.6 pp vs world	$170,663	2 of 210 · highest-to-lowest	99.5 / 100	1585.2 (world = 100)	0.0%	156 of 210 · highest-to-lowest	25.8 / 100	-100.0 pp vs world
Monaco	2018	$7.18B	155 of 210 · highest-to-lowest	26.3 / 100	0.0 (world = 100)	5.7%	40 of 210 · highest-to-lowest	81.3 / 100	+2.4 pp vs world	$188,298	1 of 210 · highest-to-lowest	100.0 / 100	1665.4 (world = 100)	0.0%	155 of 210 · highest-to-lowest	26.3 / 100	-100.0 pp vs world
Monaco	2019	$7.38B	155 of 210 · highest-to-lowest	26.3 / 100	0.0 (world = 100)	7.1%	21 of 210 · highest-to-lowest	90.4 / 100	+4.5 pp vs world	$193,747	1 of 210 · highest-to-lowest	100.0 / 100	1707.1 (world = 100)	0.0%	155 of 210 · highest-to-lowest	26.3 / 100	-100.0 pp vs world
Monaco	2020	$6.73B	156 of 210 · highest-to-lowest	25.8 / 100	0.0 (world = 100)	-13.2%	185 of 210 · highest-to-lowest	12.0 / 100	-10.3 pp vs world	$176,892	1 of 210 · highest-to-lowest	100.0 / 100	1614.0 (world = 100)	0.0%	156 of 210 · highest-to-lowest	25.8 / 100	-100.0 pp vs world
Monaco	2021	$8.62B	153 of 210 · highest-to-lowest	27.3 / 100	0.0 (world = 100)	22.2%	5 of 210 · highest-to-lowest	98.1 / 100	+15.8 pp vs world	$223,823	1 of 210 · highest-to-lowest	100.0 / 100	1802.8 (world = 100)	0.0%	153 of 210 · highest-to-lowest	27.3 / 100	-100.0 pp vs world
Monaco	2022	$8.80B	154 of 210 · highest-to-lowest	26.8 / 100	0.0 (world = 100)	11.3%	15 of 210 · highest-to-lowest	93.3 / 100	+7.9 pp vs world	$226,052	1 of 210 · highest-to-lowest	100.0 / 100	1765.3 (world = 100)	0.0%	154 of 210 · highest-to-lowest	26.8 / 100	-100.0 pp vs world
Monaco	2023	$10.00B	153 of 210 · highest-to-lowest	27.3 / 100	0.0 (world = 100)	5.4%	38 of 210 · highest-to-lowest	82.3 / 100	+2.5 pp vs world	$256,800	1 of 210 · highest-to-lowest	100.0 / 100	1937.5 (world = 100)	0.0%	153 of 210 · highest-to-lowest	27.3 / 100	-100.0 pp vs world
Monaco	2024	$11.13B	153 of 210 · highest-to-lowest	27.3 / 100	0.0 (world = 100)	8.8%	7 of 210 · highest-to-lowest	97.1 / 100	+6.0 pp vs world	$288,002	1 of 210 · highest-to-lowest	100.0 / 100	2106.3 (world = 100)	0.0%	153 of 210 · highest-to-lowest	27.3 / 100	-100.0 pp vs world

Calculations created by Tesseron World Observatory, data from UNSD Analysis of Main Aggregates (2026-01-28_89ede278; source updated 2026-01-28T00:00:00).

The long view

Real output, indexed to a shared starting year

Indexing allows the country and benchmark trajectories to be compared without confusing their very different economic sizes.

Created by Tesseron World Observatory; data from UN Statistics Division Analysis of Main Aggregates - 28 January 2026 data snapshot.

MonacoEuropeWestern EuropeWorldConstant prices · U.S. dollars · index, shared start = 100

02 · Economic size and world position

How large is the economy, and where does it sit globally?

Nominal scale, real volume and share of world output provide three distinct views of economic size.

Full historical record

Nominal GDP

Nominal scale, real volume and share of world output provide three distinct views of economic size.

Monaco is shown against compatible UN benchmarks. The three fixed eras are labeled on the chart and summarized below.

Created by Tesseron World Observatory; data from UN Statistics Division Analysis of Main Aggregates - 28 January 2026 data snapshot.

MonacoWestern EuropeEuropeWorldCurrent prices · U.S. dollars

Formation1970–1990

$284.11M → $2.43B

Compound annual change: +11.3% CAGR

Integration1990–2010

$2.43B → $5.37B

Compound annual change: +4.0% CAGR

Current era2010–2024

$5.37B → $11.13B

Compound annual change: +5.3% CAGR

Nominal GDP$11.13B2024 · Published series · World rank 153 of 210 · highest-to-lowest

Real GDP$10.50B2024 · Published series · World rank 149 of 210 · highest-to-lowest

Share of world GDP0.0%2024 · Derived measure · World rank 153 of 210 · highest-to-lowest

Economic size and world position: annual rates, ranks and comparison indices55 annual rows

Annual non-duplicative measures used in the economic size and world position section. Annual rows cover the full 1970–2024 AMA record wherever the source publishes a value. World ranks run highest-to-lowest. The position index converts rank to a 0–100 scale: 100 is first and 0 is last; it is not a performance score. World comparison is either a world-equals-100 value index or a percentage-point gap, according to the measure.

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Showing 55 of 55 rows

Economic size and world position: annual rates, ranks and comparison indices

Monaco	1970	$284.11M	121 of 178 · highest-to-lowest	32.2 / 100	0.0 (world = 100)	$1.93B	117 of 178 · highest-to-lowest	34.5 / 100	0.0 (world = 100)	0.0%	121 of 178 · highest-to-lowest	32.2 / 100	-100.0 pp vs world
Monaco	1971	$317.65M	122 of 178 · highest-to-lowest	31.6 / 100	0.0 (world = 100)	$2.03B	116 of 178 · highest-to-lowest	35.0 / 100	0.0 (world = 100)	0.0%	122 of 178 · highest-to-lowest	31.6 / 100	-100.0 pp vs world
Monaco	1972	$389.44M	121 of 178 · highest-to-lowest	32.2 / 100	0.0 (world = 100)	$2.12B	116 of 178 · highest-to-lowest	35.0 / 100	0.0 (world = 100)	0.0%	121 of 178 · highest-to-lowest	32.2 / 100	-100.0 pp vs world
Monaco	1973	$506.07M	116 of 178 · highest-to-lowest	35.0 / 100	0.0 (world = 100)	$2.26B	115 of 178 · highest-to-lowest	35.6 / 100	0.0 (world = 100)	0.0%	116 of 178 · highest-to-lowest	35.0 / 100	-100.0 pp vs world
Monaco	1974	$546.49M	125 of 178 · highest-to-lowest	29.9 / 100	0.0 (world = 100)	$2.35B	115 of 178 · highest-to-lowest	35.6 / 100	0.0 (world = 100)	0.0%	125 of 178 · highest-to-lowest	29.9 / 100	-100.0 pp vs world
Monaco	1975	$690.61M	122 of 178 · highest-to-lowest	31.6 / 100	0.0 (world = 100)	$2.33B	117 of 178 · highest-to-lowest	34.5 / 100	0.0 (world = 100)	0.0%	122 of 178 · highest-to-lowest	31.6 / 100	-100.0 pp vs world
Monaco	1976	$712.57M	120 of 178 · highest-to-lowest	32.8 / 100	0.0 (world = 100)	$2.43B	116 of 178 · highest-to-lowest	35.0 / 100	0.0 (world = 100)	0.0%	120 of 178 · highest-to-lowest	32.8 / 100	-100.0 pp vs world
Monaco	1977	$785.23M	121 of 178 · highest-to-lowest	32.2 / 100	0.0 (world = 100)	$2.52B	116 of 178 · highest-to-lowest	35.0 / 100	0.0 (world = 100)	0.0%	121 of 178 · highest-to-lowest	32.2 / 100	-100.0 pp vs world
Monaco	1978	$969.74M	118 of 178 · highest-to-lowest	33.9 / 100	0.0 (world = 100)	$2.62B	116 of 178 · highest-to-lowest	35.0 / 100	0.0 (world = 100)	0.0%	118 of 178 · highest-to-lowest	33.9 / 100	-100.0 pp vs world
Monaco	1979	$1.18B	118 of 178 · highest-to-lowest	33.9 / 100	0.0 (world = 100)	$2.71B	116 of 178 · highest-to-lowest	35.0 / 100	0.0 (world = 100)	0.0%	118 of 178 · highest-to-lowest	33.9 / 100	-100.0 pp vs world
Monaco	1980	$1.34B	116 of 178 · highest-to-lowest	35.0 / 100	0.0 (world = 100)	$2.75B	116 of 178 · highest-to-lowest	35.0 / 100	0.0 (world = 100)	0.0%	116 of 178 · highest-to-lowest	35.0 / 100	-100.0 pp vs world
Monaco	1981	$1.18B	122 of 178 · highest-to-lowest	31.6 / 100	0.0 (world = 100)	$2.78B	116 of 178 · highest-to-lowest	35.0 / 100	0.0 (world = 100)	0.0%	122 of 178 · highest-to-lowest	31.6 / 100	-100.0 pp vs world
Monaco	1982	$1.12B	124 of 178 · highest-to-lowest	30.5 / 100	0.0 (world = 100)	$2.85B	116 of 178 · highest-to-lowest	35.0 / 100	0.0 (world = 100)	0.0%	124 of 178 · highest-to-lowest	30.5 / 100	-100.0 pp vs world
Monaco	1983	$1.07B	128 of 178 · highest-to-lowest	28.2 / 100	0.0 (world = 100)	$2.89B	115 of 178 · highest-to-lowest	35.6 / 100	0.0 (world = 100)	0.0%	128 of 178 · highest-to-lowest	28.2 / 100	-100.0 pp vs world
Monaco	1984	$1.02B	128 of 178 · highest-to-lowest	28.2 / 100	0.0 (world = 100)	$2.93B	117 of 178 · highest-to-lowest	34.5 / 100	0.0 (world = 100)	0.0%	128 of 178 · highest-to-lowest	28.2 / 100	-100.0 pp vs world
Monaco	1985	$1.06B	130 of 178 · highest-to-lowest	27.1 / 100	0.0 (world = 100)	$2.98B	118 of 178 · highest-to-lowest	33.9 / 100	0.0 (world = 100)	0.0%	130 of 178 · highest-to-lowest	27.1 / 100	-100.0 pp vs world
Monaco	1986	$1.48B	122 of 178 · highest-to-lowest	31.6 / 100	0.0 (world = 100)	$3.05B	119 of 178 · highest-to-lowest	33.3 / 100	0.0 (world = 100)	0.0%	122 of 178 · highest-to-lowest	31.6 / 100	-100.0 pp vs world
Monaco	1987	$1.79B	119 of 178 · highest-to-lowest	33.3 / 100	0.0 (world = 100)	$3.13B	121 of 178 · highest-to-lowest	32.2 / 100	0.0 (world = 100)	0.0%	119 of 178 · highest-to-lowest	33.3 / 100	-100.0 pp vs world
Monaco	1988	$1.95B	120 of 178 · highest-to-lowest	32.8 / 100	0.0 (world = 100)	$3.27B	121 of 178 · highest-to-lowest	32.2 / 100	0.0 (world = 100)	0.0%	120 of 178 · highest-to-lowest	32.8 / 100	-100.0 pp vs world
Monaco	1989	$1.96B	124 of 179 · highest-to-lowest	30.9 / 100	0.0 (world = 100)	$3.42B	122 of 179 · highest-to-lowest	32.0 / 100	0.0 (world = 100)	0.0%	124 of 179 · highest-to-lowest	30.9 / 100	-100.0 pp vs world
Monaco	1990	$2.43B	143 of 206 · highest-to-lowest	30.7 / 100	0.0 (world = 100)	$3.52B	148 of 206 · highest-to-lowest	28.3 / 100	0.0 (world = 100)	0.0%	143 of 206 · highest-to-lowest	30.7 / 100	-100.0 pp vs world
Monaco	1991	$2.43B	143 of 206 · highest-to-lowest	30.7 / 100	0.0 (world = 100)	$3.55B	145 of 206 · highest-to-lowest	29.8 / 100	0.0 (world = 100)	0.0%	143 of 206 · highest-to-lowest	30.7 / 100	-100.0 pp vs world
Monaco	1992	$2.68B	138 of 206 · highest-to-lowest	33.2 / 100	0.0 (world = 100)	$3.61B	143 of 206 · highest-to-lowest	30.7 / 100	0.0 (world = 100)	0.0%	138 of 206 · highest-to-lowest	33.2 / 100	-100.0 pp vs world
Monaco	1993	$2.53B	139 of 206 · highest-to-lowest	32.7 / 100	0.0 (world = 100)	$3.59B	143 of 206 · highest-to-lowest	30.7 / 100	0.0 (world = 100)	0.0%	139 of 206 · highest-to-lowest	32.7 / 100	-100.0 pp vs world
Monaco	1994	$2.67B	134 of 206 · highest-to-lowest	35.1 / 100	0.0 (world = 100)	$3.67B	143 of 206 · highest-to-lowest	30.7 / 100	0.0 (world = 100)	0.0%	134 of 206 · highest-to-lowest	35.1 / 100	-100.0 pp vs world
Monaco	1995	$3.06B	134 of 206 · highest-to-lowest	35.1 / 100	0.0 (world = 100)	$3.75B	144 of 206 · highest-to-lowest	30.2 / 100	0.0 (world = 100)	0.0%	134 of 206 · highest-to-lowest	35.1 / 100	-100.0 pp vs world
Monaco	1996	$3.07B	136 of 206 · highest-to-lowest	34.1 / 100	0.0 (world = 100)	$3.80B	146 of 206 · highest-to-lowest	29.3 / 100	0.0 (world = 100)	0.0%	136 of 206 · highest-to-lowest	34.1 / 100	-100.0 pp vs world
Monaco	1997	$2.78B	140 of 206 · highest-to-lowest	32.2 / 100	0.0 (world = 100)	$3.89B	146 of 206 · highest-to-lowest	29.3 / 100	0.0 (world = 100)	0.0%	140 of 206 · highest-to-lowest	32.2 / 100	-100.0 pp vs world
Monaco	1998	$2.88B	141 of 206 · highest-to-lowest	31.7 / 100	0.0 (world = 100)	$4.03B	147 of 206 · highest-to-lowest	28.8 / 100	0.0 (world = 100)	0.0%	141 of 206 · highest-to-lowest	31.7 / 100	-100.0 pp vs world
Monaco	1999	$2.86B	144 of 206 · highest-to-lowest	30.2 / 100	0.0 (world = 100)	$4.17B	146 of 206 · highest-to-lowest	29.3 / 100	0.0 (world = 100)	0.0%	144 of 206 · highest-to-lowest	30.2 / 100	-100.0 pp vs world
Monaco	2000	$2.61B	146 of 206 · highest-to-lowest	29.3 / 100	0.0 (world = 100)	$4.33B	145 of 206 · highest-to-lowest	29.8 / 100	0.0 (world = 100)	0.0%	146 of 206 · highest-to-lowest	29.3 / 100	-100.0 pp vs world
Monaco	2001	$2.64B	145 of 206 · highest-to-lowest	29.8 / 100	0.0 (world = 100)	$4.42B	149 of 206 · highest-to-lowest	27.8 / 100	0.0 (world = 100)	0.0%	145 of 206 · highest-to-lowest	29.8 / 100	-100.0 pp vs world
Monaco	2002	$2.87B	146 of 206 · highest-to-lowest	29.3 / 100	0.0 (world = 100)	$4.47B	149 of 206 · highest-to-lowest	27.8 / 100	0.0 (world = 100)	0.0%	146 of 206 · highest-to-lowest	29.3 / 100	-100.0 pp vs world
Monaco	2003	$3.53B	143 of 206 · highest-to-lowest	30.7 / 100	0.0 (world = 100)	$4.50B	149 of 206 · highest-to-lowest	27.8 / 100	0.0 (world = 100)	0.0%	143 of 206 · highest-to-lowest	30.7 / 100	-100.0 pp vs world
Monaco	2004	$4.06B	143 of 206 · highest-to-lowest	30.7 / 100	0.0 (world = 100)	$4.63B	150 of 206 · highest-to-lowest	27.3 / 100	0.0 (world = 100)	0.0%	143 of 206 · highest-to-lowest	30.7 / 100	-100.0 pp vs world
Monaco	2005	$4.20B	145 of 208 · highest-to-lowest	30.4 / 100	0.0 (world = 100)	$4.71B	152 of 208 · highest-to-lowest	27.1 / 100	0.0 (world = 100)	0.0%	145 of 208 · highest-to-lowest	30.4 / 100	-100.0 pp vs world
Monaco	2006	$4.59B	145 of 208 · highest-to-lowest	30.4 / 100	0.0 (world = 100)	$4.98B	152 of 208 · highest-to-lowest	27.1 / 100	0.0 (world = 100)	0.0%	145 of 208 · highest-to-lowest	30.4 / 100	-100.0 pp vs world
Monaco	2007	$5.88B	143 of 208 · highest-to-lowest	31.4 / 100	0.0 (world = 100)	$5.70B	150 of 208 · highest-to-lowest	28.0 / 100	0.0 (world = 100)	0.0%	143 of 208 · highest-to-lowest	31.4 / 100	-100.0 pp vs world
Monaco	2008	$6.50B	148 of 210 · highest-to-lowest	29.7 / 100	0.0 (world = 100)	$5.73B	151 of 210 · highest-to-lowest	28.2 / 100	0.0 (world = 100)	0.0%	148 of 210 · highest-to-lowest	29.7 / 100	-100.0 pp vs world
Monaco	2009	$5.47B	151 of 210 · highest-to-lowest	28.2 / 100	0.0 (world = 100)	$5.05B	156 of 210 · highest-to-lowest	25.8 / 100	0.0 (world = 100)	0.0%	151 of 210 · highest-to-lowest	28.2 / 100	-100.0 pp vs world
Monaco	2010	$5.37B	156 of 210 · highest-to-lowest	25.8 / 100	0.0 (world = 100)	$5.16B	156 of 210 · highest-to-lowest	25.8 / 100	0.0 (world = 100)	0.0%	156 of 210 · highest-to-lowest	25.8 / 100	-100.0 pp vs world
Monaco	2011	$6.09B	157 of 210 · highest-to-lowest	25.4 / 100	0.0 (world = 100)	$5.52B	155 of 210 · highest-to-lowest	26.3 / 100	0.0 (world = 100)	0.0%	157 of 210 · highest-to-lowest	25.4 / 100	-100.0 pp vs world
Monaco	2012	$5.74B	157 of 210 · highest-to-lowest	25.4 / 100	0.0 (world = 100)	$5.58B	156 of 210 · highest-to-lowest	25.8 / 100	0.0 (world = 100)	0.0%	157 of 210 · highest-to-lowest	25.4 / 100	-100.0 pp vs world
Monaco	2013	$6.56B	154 of 210 · highest-to-lowest	26.8 / 100	0.0 (world = 100)	$6.11B	155 of 210 · highest-to-lowest	26.3 / 100	0.0 (world = 100)	0.0%	154 of 210 · highest-to-lowest	26.8 / 100	-100.0 pp vs world
Monaco	2014	$7.07B	154 of 210 · highest-to-lowest	26.8 / 100	0.0 (world = 100)	$6.55B	152 of 210 · highest-to-lowest	27.8 / 100	0.0 (world = 100)	0.0%	154 of 210 · highest-to-lowest	26.8 / 100	-100.0 pp vs world
Monaco	2015	$6.26B	157 of 210 · highest-to-lowest	25.4 / 100	0.0 (world = 100)	$6.87B	152 of 210 · highest-to-lowest	27.8 / 100	0.0 (world = 100)	0.0%	157 of 210 · highest-to-lowest	25.4 / 100	-100.0 pp vs world
Monaco	2016	$6.47B	154 of 210 · highest-to-lowest	26.8 / 100	0.0 (world = 100)	$7.08B	154 of 210 · highest-to-lowest	26.8 / 100	0.0 (world = 100)	0.0%	154 of 210 · highest-to-lowest	26.8 / 100	-100.0 pp vs world
Monaco	2017	$6.43B	156 of 210 · highest-to-lowest	25.8 / 100	0.0 (world = 100)	$6.85B	154 of 210 · highest-to-lowest	26.8 / 100	0.0 (world = 100)	0.0%	156 of 210 · highest-to-lowest	25.8 / 100	-100.0 pp vs world
Monaco	2018	$7.18B	155 of 210 · highest-to-lowest	26.3 / 100	0.0 (world = 100)	$7.24B	155 of 210 · highest-to-lowest	26.3 / 100	0.0 (world = 100)	0.0%	155 of 210 · highest-to-lowest	26.3 / 100	-100.0 pp vs world
Monaco	2019	$7.38B	155 of 210 · highest-to-lowest	26.3 / 100	0.0 (world = 100)	$7.76B	154 of 210 · highest-to-lowest	26.8 / 100	0.0 (world = 100)	0.0%	155 of 210 · highest-to-lowest	26.3 / 100	-100.0 pp vs world
Monaco	2020	$6.73B	156 of 210 · highest-to-lowest	25.8 / 100	0.0 (world = 100)	$6.73B	156 of 210 · highest-to-lowest	25.8 / 100	0.0 (world = 100)	0.0%	156 of 210 · highest-to-lowest	25.8 / 100	-100.0 pp vs world
Monaco	2021	$8.62B	153 of 210 · highest-to-lowest	27.3 / 100	0.0 (world = 100)	$8.23B	154 of 210 · highest-to-lowest	26.8 / 100	0.0 (world = 100)	0.0%	153 of 210 · highest-to-lowest	27.3 / 100	-100.0 pp vs world
Monaco	2022	$8.80B	154 of 210 · highest-to-lowest	26.8 / 100	0.0 (world = 100)	$9.15B	153 of 210 · highest-to-lowest	27.3 / 100	0.0 (world = 100)	0.0%	154 of 210 · highest-to-lowest	26.8 / 100	-100.0 pp vs world
Monaco	2023	$10.00B	153 of 210 · highest-to-lowest	27.3 / 100	0.0 (world = 100)	$9.65B	151 of 210 · highest-to-lowest	28.2 / 100	0.0 (world = 100)	0.0%	153 of 210 · highest-to-lowest	27.3 / 100	-100.0 pp vs world
Monaco	2024	$11.13B	153 of 210 · highest-to-lowest	27.3 / 100	0.0 (world = 100)	$10.50B	149 of 210 · highest-to-lowest	29.2 / 100	0.0 (world = 100)	0.0%	153 of 210 · highest-to-lowest	27.3 / 100	-100.0 pp vs world

Calculations created by Tesseron World Observatory, data from UNSD Analysis of Main Aggregates (2026-01-28_89ede278; source updated 2026-01-28T00:00:00).

Interpretation note

Current U.S.-dollar GDP reflects domestic prices and exchange rates as well as production. It is not PPP adjusted.

Latest common comparison

Europe$27.20T2024

Western Europe$11.28T2024

World$111.57T2024

03 · Output and income per person

What does the record show per person?

Current and constant-price per-person measures separate present-dollar scale from real change.

Full historical record

GDP per person

Current and constant-price per-person measures separate present-dollar scale from real change.

Monaco is shown against compatible UN benchmarks. The three fixed eras are labeled on the chart and summarized below.

Created by Tesseron World Observatory; data from UN Statistics Division Analysis of Main Aggregates - 28 January 2026 data snapshot.

MonacoWestern EuropeEuropeWorldCurrent prices · U.S. dollars per person

Formation1970–1990

$11,726 → $80,010

Compound annual change: +10.1% CAGR

Integration1990–2010

$80,010 → $161,855

Compound annual change: +3.6% CAGR

Current era2010–2024

$161,855 → $288,002

Compound annual change: +4.2% CAGR

GDP per person$288,0022024 · Published series · World rank 1 of 210 · highest-to-lowest

Real GDP per person$271,9232024 · Published series · World rank 1 of 210 · highest-to-lowest

Output and income per person: annual rates, ranks and comparison indices55 annual rows

Annual non-duplicative measures used in the output and income per person section. Annual rows cover the full 1970–2024 AMA record wherever the source publishes a value. World ranks run highest-to-lowest. The position index converts rank to a 0–100 scale: 100 is first and 0 is last; it is not a performance score. World comparison is either a world-equals-100 value index or a percentage-point gap, according to the measure.

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Showing 55 of 55 rows

Output and income per person: annual rates, ranks and comparison indices

Monaco	1970	$11,726	1 of 178 · highest-to-lowest	100.0 / 100	1263.1 (world = 100)	$79,560	2 of 178 · highest-to-lowest	99.4 / 100	1533.3 (world = 100)
Monaco	1971	$12,925	1 of 178 · highest-to-lowest	100.0 / 100	1290.6 (world = 100)	$82,607	2 of 178 · highest-to-lowest	99.4 / 100	1558.9 (world = 100)
Monaco	1972	$15,664	1 of 178 · highest-to-lowest	100.0 / 100	1386.3 (world = 100)	$85,341	2 of 178 · highest-to-lowest	99.4 / 100	1559.0 (world = 100)
Monaco	1973	$20,184	1 of 178 · highest-to-lowest	100.0 / 100	1497.0 (world = 100)	$89,995	2 of 178 · highest-to-lowest	99.4 / 100	1575.1 (world = 100)
Monaco	1974	$21,656	2 of 178 · highest-to-lowest	99.4 / 100	1444.6 (world = 100)	$93,259	2 of 178 · highest-to-lowest	99.4 / 100	1629.0 (world = 100)
Monaco	1975	$27,083	2 of 178 · highest-to-lowest	99.4 / 100	1645.5 (world = 100)	$91,404	1 of 178 · highest-to-lowest	100.0 / 100	1613.1 (world = 100)
Monaco	1976	$27,518	2 of 178 · highest-to-lowest	99.4 / 100	1575.0 (world = 100)	$93,931	1 of 178 · highest-to-lowest	100.0 / 100	1604.2 (world = 100)
Monaco	1977	$29,887	2 of 178 · highest-to-lowest	99.4 / 100	1546.1 (world = 100)	$95,787	1 of 178 · highest-to-lowest	100.0 / 100	1598.8 (world = 100)
Monaco	1978	$36,450	1 of 178 · highest-to-lowest	100.0 / 100	1619.4 (world = 100)	$98,355	1 of 178 · highest-to-lowest	100.0 / 100	1600.4 (world = 100)
Monaco	1979	$43,695	1 of 178 · highest-to-lowest	100.0 / 100	1716.6 (world = 100)	$100,760	1 of 178 · highest-to-lowest	100.0 / 100	1603.8 (world = 100)
Monaco	1980	$49,488	1 of 178 · highest-to-lowest	100.0 / 100	1773.4 (world = 100)	$101,483	1 of 178 · highest-to-lowest	100.0 / 100	1613.6 (world = 100)
Monaco	1981	$43,164	2 of 178 · highest-to-lowest	99.4 / 100	1540.9 (world = 100)	$101,925	1 of 178 · highest-to-lowest	100.0 / 100	1618.4 (world = 100)
Monaco	1982	$40,614	1 of 178 · highest-to-lowest	100.0 / 100	1488.2 (world = 100)	$103,463	1 of 178 · highest-to-lowest	100.0 / 100	1665.6 (world = 100)
Monaco	1983	$38,324	1 of 178 · highest-to-lowest	100.0 / 100	1394.7 (world = 100)	$103,252	1 of 178 · highest-to-lowest	100.0 / 100	1646.0 (world = 100)
Monaco	1984	$35,819	1 of 178 · highest-to-lowest	100.0 / 100	1290.1 (world = 100)	$103,351	1 of 178 · highest-to-lowest	100.0 / 100	1602.3 (world = 100)
Monaco	1985	$36,847	1 of 178 · highest-to-lowest	100.0 / 100	1315.9 (world = 100)	$103,657	1 of 178 · highest-to-lowest	100.0 / 100	1580.6 (world = 100)
Monaco	1986	$50,752	1 of 178 · highest-to-lowest	100.0 / 100	1600.6 (world = 100)	$104,760	1 of 178 · highest-to-lowest	100.0 / 100	1576.4 (world = 100)
Monaco	1987	$60,715	1 of 178 · highest-to-lowest	100.0 / 100	1723.9 (world = 100)	$106,156	1 of 178 · highest-to-lowest	100.0 / 100	1569.7 (world = 100)
Monaco	1988	$65,474	1 of 178 · highest-to-lowest	100.0 / 100	1692.1 (world = 100)	$109,940	1 of 178 · highest-to-lowest	100.0 / 100	1584.1 (world = 100)
Monaco	1989	$65,218	1 of 179 · highest-to-lowest	100.0 / 100	1641.2 (world = 100)	$113,561	2 of 179 · highest-to-lowest	99.4 / 100	1606.0 (world = 100)
Monaco	1990	$80,010	1 of 206 · highest-to-lowest	100.0 / 100	1844.2 (world = 100)	$115,826	1 of 206 · highest-to-lowest	100.0 / 100	1618.3 (world = 100)
Monaco	1991	$79,318	1 of 206 · highest-to-lowest	100.0 / 100	1770.6 (world = 100)	$116,020	1 of 206 · highest-to-lowest	100.0 / 100	1628.8 (world = 100)
Monaco	1992	$86,836	1 of 206 · highest-to-lowest	100.0 / 100	1840.5 (world = 100)	$116,875	1 of 206 · highest-to-lowest	100.0 / 100	1633.6 (world = 100)
Monaco	1993	$81,315	1 of 206 · highest-to-lowest	100.0 / 100	1717.3 (world = 100)	$115,212	1 of 206 · highest-to-lowest	100.0 / 100	1607.5 (world = 100)
Monaco	1994	$85,032	1 of 206 · highest-to-lowest	100.0 / 100	1708.6 (world = 100)	$117,031	1 of 206 · highest-to-lowest	100.0 / 100	1604.7 (world = 100)
Monaco	1995	$96,937	1 of 206 · highest-to-lowest	100.0 / 100	1782.2 (world = 100)	$118,611	1 of 206 · highest-to-lowest	100.0 / 100	1600.7 (world = 100)
Monaco	1996	$96,530	1 of 206 · highest-to-lowest	100.0 / 100	1762.5 (world = 100)	$119,426	1 of 206 · highest-to-lowest	100.0 / 100	1578.8 (world = 100)
Monaco	1997	$86,724	1 of 206 · highest-to-lowest	100.0 / 100	1613.2 (world = 100)	$121,355	2 of 206 · highest-to-lowest	99.5 / 100	1566.1 (world = 100)
Monaco	1998	$89,157	1 of 206 · highest-to-lowest	100.0 / 100	1691.6 (world = 100)	$124,915	2 of 206 · highest-to-lowest	99.5 / 100	1589.6 (world = 100)
Monaco	1999	$88,173	2 of 206 · highest-to-lowest	99.5 / 100	1631.8 (world = 100)	$128,619	2 of 206 · highest-to-lowest	99.5 / 100	1601.9 (world = 100)
Monaco	2000	$80,531	2 of 206 · highest-to-lowest	99.5 / 100	1466.9 (world = 100)	$133,480	2 of 206 · highest-to-lowest	99.5 / 100	1613.1 (world = 100)
Monaco	2001	$81,260	2 of 206 · highest-to-lowest	99.5 / 100	1508.4 (world = 100)	$136,161	2 of 206 · highest-to-lowest	99.5 / 100	1633.6 (world = 100)
Monaco	2002	$88,628	1 of 206 · highest-to-lowest	100.0 / 100	1602.6 (world = 100)	$137,814	2 of 206 · highest-to-lowest	99.5 / 100	1639.2 (world = 100)
Monaco	2003	$109,044	1 of 206 · highest-to-lowest	100.0 / 100	1780.5 (world = 100)	$139,154	2 of 206 · highest-to-lowest	99.5 / 100	1627.6 (world = 100)
Monaco	2004	$125,567	1 of 206 · highest-to-lowest	100.0 / 100	1844.6 (world = 100)	$143,389	1 of 206 · highest-to-lowest	100.0 / 100	1627.0 (world = 100)
Monaco	2005	$130,539	1 of 208 · highest-to-lowest	100.0 / 100	1791.6 (world = 100)	$146,212	2 of 208 · highest-to-lowest	99.5 / 100	1616.0 (world = 100)
Monaco	2006	$143,082	1 of 208 · highest-to-lowest	100.0 / 100	1834.9 (world = 100)	$155,465	2 of 208 · highest-to-lowest	99.5 / 100	1666.5 (world = 100)
Monaco	2007	$184,561	1 of 208 · highest-to-lowest	100.0 / 100	2125.2 (world = 100)	$179,090	1 of 208 · highest-to-lowest	100.0 / 100	1863.5 (world = 100)
Monaco	2008	$204,265	1 of 210 · highest-to-lowest	100.0 / 100	2169.4 (world = 100)	$180,117	1 of 210 · highest-to-lowest	100.0 / 100	1861.2 (world = 100)
Monaco	2009	$169,149	1 of 210 · highest-to-lowest	100.0 / 100	1917.4 (world = 100)	$156,159	1 of 210 · highest-to-lowest	100.0 / 100	1657.7 (world = 100)
Monaco	2010	$161,855	1 of 210 · highest-to-lowest	100.0 / 100	1696.5 (world = 100)	$155,544	2 of 210 · highest-to-lowest	99.5 / 100	1601.3 (world = 100)
Monaco	2011	$179,364	1 of 210 · highest-to-lowest	100.0 / 100	1711.2 (world = 100)	$162,627	1 of 210 · highest-to-lowest	100.0 / 100	1641.6 (world = 100)
Monaco	2012	$165,446	1 of 210 · highest-to-lowest	100.0 / 100	1565.1 (world = 100)	$160,653	1 of 210 · highest-to-lowest	100.0 / 100	1598.5 (world = 100)
Monaco	2013	$184,941	1 of 210 · highest-to-lowest	100.0 / 100	1720.3 (world = 100)	$172,381	1 of 210 · highest-to-lowest	100.0 / 100	1689.3 (world = 100)
Monaco	2014	$195,694	1 of 210 · highest-to-lowest	100.0 / 100	1795.5 (world = 100)	$181,307	1 of 210 · highest-to-lowest	100.0 / 100	1745.1 (world = 100)
Monaco	2015	$170,437	1 of 210 · highest-to-lowest	100.0 / 100	1673.5 (world = 100)	$186,955	1 of 210 · highest-to-lowest	100.0 / 100	1765.6 (world = 100)
Monaco	2016	$173,605	1 of 210 · highest-to-lowest	100.0 / 100	1696.7 (world = 100)	$189,898	1 of 210 · highest-to-lowest	100.0 / 100	1766.0 (world = 100)
Monaco	2017	$170,663	2 of 210 · highest-to-lowest	99.5 / 100	1585.2 (world = 100)	$181,849	1 of 210 · highest-to-lowest	100.0 / 100	1654.0 (world = 100)
Monaco	2018	$188,298	1 of 210 · highest-to-lowest	100.0 / 100	1665.4 (world = 100)	$189,812	1 of 210 · highest-to-lowest	100.0 / 100	1690.5 (world = 100)
Monaco	2019	$193,747	1 of 210 · highest-to-lowest	100.0 / 100	1707.1 (world = 100)	$203,569	1 of 210 · highest-to-lowest	100.0 / 100	1785.4 (world = 100)
Monaco	2020	$176,892	1 of 210 · highest-to-lowest	100.0 / 100	1614.0 (world = 100)	$176,892	1 of 210 · highest-to-lowest	100.0 / 100	1614.0 (world = 100)
Monaco	2021	$223,823	1 of 210 · highest-to-lowest	100.0 / 100	1802.8 (world = 100)	$213,542	1 of 210 · highest-to-lowest	100.0 / 100	1846.5 (world = 100)
Monaco	2022	$226,052	1 of 210 · highest-to-lowest	100.0 / 100	1765.3 (world = 100)	$235,134	1 of 210 · highest-to-lowest	100.0 / 100	1984.3 (world = 100)
Monaco	2023	$256,800	1 of 210 · highest-to-lowest	100.0 / 100	1937.5 (world = 100)	$247,776	1 of 210 · highest-to-lowest	100.0 / 100	2049.6 (world = 100)
Monaco	2024	$288,002	1 of 210 · highest-to-lowest	100.0 / 100	2106.3 (world = 100)	$271,923	1 of 210 · highest-to-lowest	100.0 / 100	2206.3 (world = 100)

Calculations created by Tesseron World Observatory, data from UNSD Analysis of Main Aggregates (2026-01-28_89ede278; source updated 2026-01-28T00:00:00).

Interpretation note

GDP per person is an accounting average, not a measure of household income distribution or living costs.

Latest common comparison

Europe$36,4082024

Western Europe$55,8372024

World$13,6732024

04 · Real growth and output prices

How quickly has real activity changed, and how have output prices moved?

Real GDP growth, per-person growth and the implicit deflator answer different questions.

Full historical record

Real GDP growth

Real GDP growth, per-person growth and the implicit deflator answer different questions.

Monaco is shown against compatible UN benchmarks. The three fixed eras are labeled on the chart and summarized below.

Created by Tesseron World Observatory; data from UN Statistics Division Analysis of Main Aggregates - 28 January 2026 data snapshot.

MonacoWestern EuropeEuropeWorldConstant prices · percent

Formation1970–1990

5.3% → 2.9%

Average annual rate: +3.1%

Integration1990–2010

2.9% → 2.1%

Average annual rate: +2.1%

Current era2010–2024

2.1% → 8.8%

Average annual rate: +5.3%

Real GDP growth8.8%2024 · Published series · World rank 7 of 210 · highest-to-lowest

Real GDP-per-person growth9.7%2024 · Published series · World rank 4 of 210 · highest-to-lowest

Implicit GDP deflator111.82024 · Published series · World rank 172 of 210 · highest-to-lowest

Real growth and output prices: annual rates, ranks and comparison indices55 annual rows

Annual non-duplicative measures used in the real growth and output prices section. Annual rows cover the full 1970–2024 AMA record wherever the source publishes a value. World ranks run highest-to-lowest. The position index converts rank to a 0–100 scale: 100 is first and 0 is last; it is not a performance score. World comparison is either a world-equals-100 value index or a percentage-point gap, according to the measure.

Filter rows

From yearTo year

Showing 55 of 55 rows

Real growth and output prices: annual rates, ranks and comparison indices

Monaco	1970	Source observation unavailable	Not calculable without a source observation	Not calculable without a source observation	Comparable world observation unavailable	Source observation unavailable	Not calculable without a source observation	Not calculable without a source observation	Comparable world observation unavailable	14.3	32 of 178 · highest-to-lowest	82.5 / 100
Monaco	1971	5.3%	76 of 178 · highest-to-lowest	57.6 / 100	+1.1 pp vs world	3.8%	57 of 178 · highest-to-lowest	68.4 / 100	+1.7 pp vs world	15.1	29 of 178 · highest-to-lowest	84.2 / 100
Monaco	1972	4.5%	96 of 178 · highest-to-lowest	46.3 / 100	-0.8 pp vs world	3.3%	80 of 178 · highest-to-lowest	55.4 / 100	+0.0 pp vs world	16.1	30 of 178 · highest-to-lowest	83.6 / 100
Monaco	1973	6.3%	75 of 178 · highest-to-lowest	58.2 / 100	-0.1 pp vs world	5.5%	57 of 178 · highest-to-lowest	68.4 / 100	+1.1 pp vs world	17.4	31 of 178 · highest-to-lowest	83.1 / 100
Monaco	1974	4.3%	96 of 178 · highest-to-lowest	46.3 / 100	+2.2 pp vs world	3.6%	75 of 178 · highest-to-lowest	58.2 / 100	+3.4 pp vs world	19.4	37 of 178 · highest-to-lowest	79.7 / 100
Monaco	1975	-1.0%	138 of 178 · highest-to-lowest	22.6 / 100	-1.8 pp vs world	-2.0%	127 of 178 · highest-to-lowest	28.8 / 100	-1.0 pp vs world	22.1	33 of 178 · highest-to-lowest	81.9 / 100
Monaco	1976	4.4%	106 of 178 · highest-to-lowest	40.7 / 100	-0.8 pp vs world	2.8%	97 of 178 · highest-to-lowest	45.8 / 100	-0.6 pp vs world	24.5	33 of 178 · highest-to-lowest	81.9 / 100
Monaco	1977	3.5%	100 of 178 · highest-to-lowest	44.1 / 100	-0.7 pp vs world	2.0%	99 of 178 · highest-to-lowest	44.6 / 100	-0.3 pp vs world	26.7	31 of 178 · highest-to-lowest	83.1 / 100
Monaco	1978	4.0%	109 of 178 · highest-to-lowest	39.0 / 100	-0.4 pp vs world	2.7%	104 of 178 · highest-to-lowest	41.8 / 100	+0.1 pp vs world	29.1	27 of 178 · highest-to-lowest	85.3 / 100
Monaco	1979	3.5%	113 of 178 · highest-to-lowest	36.7 / 100	-0.5 pp vs world	2.4%	89 of 178 · highest-to-lowest	50.3 / 100	+0.2 pp vs world	32.1	27 of 178 · highest-to-lowest	85.3 / 100
Monaco	1980	1.6%	112 of 178 · highest-to-lowest	37.3 / 100	-0.3 pp vs world	0.7%	99 of 178 · highest-to-lowest	44.6 / 100	+0.6 pp vs world	35.9	29 of 178 · highest-to-lowest	84.2 / 100
Monaco	1981	1.1%	115 of 178 · highest-to-lowest	35.6 / 100	-0.9 pp vs world	0.4%	101 of 178 · highest-to-lowest	43.5 / 100	+0.3 pp vs world	40.1	29 of 178 · highest-to-lowest	84.2 / 100
Monaco	1982	2.5%	69 of 178 · highest-to-lowest	61.6 / 100	+2.0 pp vs world	1.5%	59 of 178 · highest-to-lowest	67.2 / 100	+2.9 pp vs world	44.9	22 of 178 · highest-to-lowest	88.1 / 100
Monaco	1983	1.2%	101 of 178 · highest-to-lowest	43.5 / 100	-1.6 pp vs world	-0.2%	97 of 178 · highest-to-lowest	45.8 / 100	-1.2 pp vs world	49.3	18 of 178 · highest-to-lowest	90.4 / 100
Monaco	1984	1.5%	132 of 178 · highest-to-lowest	26.0 / 100	-3.2 pp vs world	0.1%	118 of 178 · highest-to-lowest	33.9 / 100	-2.7 pp vs world	52.7	15 of 178 · highest-to-lowest	92.1 / 100
Monaco	1985	1.6%	126 of 178 · highest-to-lowest	29.4 / 100	-1.9 pp vs world	0.3%	118 of 178 · highest-to-lowest	33.9 / 100	-1.4 pp vs world	55.6	13 of 178 · highest-to-lowest	93.2 / 100
Monaco	1986	2.3%	109 of 178 · highest-to-lowest	39.0 / 100	-0.8 pp vs world	1.1%	104 of 178 · highest-to-lowest	41.8 / 100	-0.3 pp vs world	58.4	10 of 178 · highest-to-lowest	94.9 / 100
Monaco	1987	2.6%	108 of 178 · highest-to-lowest	39.5 / 100	-1.1 pp vs world	1.3%	90 of 178 · highest-to-lowest	49.7 / 100	-0.4 pp vs world	59.9	11 of 178 · highest-to-lowest	94.4 / 100
Monaco	1988	4.7%	89 of 178 · highest-to-lowest	50.3 / 100	+0.2 pp vs world	3.6%	70 of 178 · highest-to-lowest	61.0 / 100	+0.9 pp vs world	61.8	12 of 178 · highest-to-lowest	93.8 / 100
Monaco	1989	4.3%	72 of 178 · highest-to-lowest	59.9 / 100	+0.6 pp vs world	3.3%	64 of 178 · highest-to-lowest	64.4 / 100	+1.4 pp vs world	63.8	10 of 179 · highest-to-lowest	94.9 / 100
Monaco	1990	2.9%	106 of 179 · highest-to-lowest	41.0 / 100	-0.1 pp vs world	2.0%	82 of 179 · highest-to-lowest	54.5 / 100	+0.8 pp vs world	65.5	9 of 206 · highest-to-lowest	96.1 / 100
Monaco	1991	1.0%	120 of 206 · highest-to-lowest	42.0 / 100	-0.2 pp vs world	0.2%	96 of 206 · highest-to-lowest	53.7 / 100	+0.6 pp vs world	67.2	11 of 206 · highest-to-lowest	95.1 / 100
Monaco	1992	1.6%	114 of 206 · highest-to-lowest	44.9 / 100	-0.5 pp vs world	0.7%	99 of 206 · highest-to-lowest	52.2 / 100	+0.3 pp vs world	68.5	11 of 206 · highest-to-lowest	95.1 / 100
Monaco	1993	-0.6%	149 of 206 · highest-to-lowest	27.8 / 100	-2.4 pp vs world	-1.4%	141 of 206 · highest-to-lowest	31.7 / 100	-1.6 pp vs world	69.6	13 of 206 · highest-to-lowest	94.1 / 100
Monaco	1994	2.4%	134 of 206 · highest-to-lowest	35.1 / 100	-0.9 pp vs world	1.6%	111 of 206 · highest-to-lowest	46.3 / 100	-0.2 pp vs world	70.2	13 of 206 · highest-to-lowest	94.1 / 100
Monaco	1995	2.1%	149 of 206 · highest-to-lowest	27.8 / 100	-1.0 pp vs world	1.4%	135 of 206 · highest-to-lowest	34.6 / 100	-0.3 pp vs world	71.0	14 of 206 · highest-to-lowest	93.7 / 100
Monaco	1996	1.4%	162 of 206 · highest-to-lowest	21.5 / 100	-2.1 pp vs world	0.7%	147 of 206 · highest-to-lowest	28.8 / 100	-1.4 pp vs world	72.0	13 of 206 · highest-to-lowest	94.1 / 100
Monaco	1997	2.3%	152 of 206 · highest-to-lowest	26.3 / 100	-1.6 pp vs world	1.6%	134 of 206 · highest-to-lowest	35.1 / 100	-0.8 pp vs world	72.6	12 of 206 · highest-to-lowest	94.6 / 100
Monaco	1998	3.6%	116 of 206 · highest-to-lowest	43.9 / 100	+0.8 pp vs world	2.9%	91 of 206 · highest-to-lowest	56.1 / 100	+1.5 pp vs world	73.3	15 of 206 · highest-to-lowest	93.2 / 100
Monaco	1999	3.4%	100 of 206 · highest-to-lowest	51.7 / 100	-0.2 pp vs world	3.0%	83 of 206 · highest-to-lowest	60.0 / 100	+0.8 pp vs world	73.5	17 of 206 · highest-to-lowest	92.2 / 100
Monaco	2000	3.9%	114 of 206 · highest-to-lowest	44.9 / 100	-0.5 pp vs world	3.8%	80 of 206 · highest-to-lowest	61.5 / 100	+0.7 pp vs world	74.6	19 of 206 · highest-to-lowest	91.2 / 100
Monaco	2001	2.0%	132 of 206 · highest-to-lowest	36.1 / 100	-0.1 pp vs world	2.0%	91 of 206 · highest-to-lowest	56.1 / 100	+1.3 pp vs world	76.1	22 of 206 · highest-to-lowest	89.8 / 100
Monaco	2002	1.1%	155 of 206 · highest-to-lowest	24.9 / 100	-1.1 pp vs world	1.2%	116 of 206 · highest-to-lowest	43.9 / 100	+0.3 pp vs world	77.7	20 of 206 · highest-to-lowest	90.7 / 100
Monaco	2003	0.8%	169 of 206 · highest-to-lowest	18.0 / 100	-2.2 pp vs world	1.0%	144 of 206 · highest-to-lowest	30.2 / 100	-0.7 pp vs world	79.1	20 of 206 · highest-to-lowest	90.7 / 100
Monaco	2004	2.8%	156 of 206 · highest-to-lowest	24.4 / 100	-1.6 pp vs world	3.0%	118 of 206 · highest-to-lowest	42.9 / 100	-0.0 pp vs world	80.4	23 of 206 · highest-to-lowest	89.3 / 100
Monaco	2005	1.7%	181 of 206 · highest-to-lowest	12.2 / 100	-2.3 pp vs world	2.0%	137 of 206 · highest-to-lowest	33.7 / 100	-0.7 pp vs world	82.0	27 of 208 · highest-to-lowest	87.4 / 100
Monaco	2006	5.8%	90 of 208 · highest-to-lowest	57.0 / 100	+1.4 pp vs world	6.3%	57 of 208 · highest-to-lowest	72.9 / 100	+3.2 pp vs world	83.7	33 of 208 · highest-to-lowest	84.5 / 100
Monaco	2007	14.4%	10 of 208 · highest-to-lowest	95.7 / 100	+10.1 pp vs world	15.2%	6 of 208 · highest-to-lowest	97.6 / 100	+12.2 pp vs world	85.9	37 of 208 · highest-to-lowest	82.6 / 100
Monaco	2008	0.6%	166 of 208 · highest-to-lowest	20.3 / 100	-1.4 pp vs world	0.6%	143 of 208 · highest-to-lowest	31.4 / 100	-0.1 pp vs world	88.1	42 of 210 · highest-to-lowest	80.4 / 100
Monaco	2009	-11.9%	200 of 210 · highest-to-lowest	4.8 / 100	-10.5 pp vs world	-13.3%	200 of 210 · highest-to-lowest	4.8 / 100	-10.6 pp vs world	88.7	36 of 210 · highest-to-lowest	83.3 / 100
Monaco	2010	2.1%	147 of 210 · highest-to-lowest	30.1 / 100	-2.4 pp vs world	-0.4%	174 of 210 · highest-to-lowest	17.2 / 100	-3.5 pp vs world	89.7	39 of 210 · highest-to-lowest	81.8 / 100
Monaco	2011	7.0%	42 of 210 · highest-to-lowest	80.4 / 100	+3.7 pp vs world	4.6%	60 of 210 · highest-to-lowest	71.8 / 100	+2.6 pp vs world	90.5	47 of 210 · highest-to-lowest	78.0 / 100
Monaco	2012	1.0%	148 of 210 · highest-to-lowest	29.7 / 100	-1.7 pp vs world	-1.2%	171 of 210 · highest-to-lowest	18.7 / 100	-2.7 pp vs world	91.6	58 of 210 · highest-to-lowest	72.7 / 100
Monaco	2013	9.6%	12 of 210 · highest-to-lowest	94.7 / 100	+6.8 pp vs world	7.3%	14 of 210 · highest-to-lowest	93.8 / 100	+5.8 pp vs world	92.3	62 of 210 · highest-to-lowest	70.8 / 100
Monaco	2014	7.2%	29 of 210 · highest-to-lowest	86.6 / 100	+4.1 pp vs world	5.2%	32 of 210 · highest-to-lowest	85.2 / 100	+3.4 pp vs world	92.8	70 of 210 · highest-to-lowest	67.0 / 100
Monaco	2015	4.9%	56 of 210 · highest-to-lowest	73.7 / 100	+1.8 pp vs world	3.1%	76 of 210 · highest-to-lowest	64.1 / 100	+1.2 pp vs world	93.9	72 of 210 · highest-to-lowest	66.0 / 100
Monaco	2016	3.0%	111 of 210 · highest-to-lowest	47.4 / 100	+0.3 pp vs world	1.6%	119 of 210 · highest-to-lowest	43.5 / 100	+0.0 pp vs world	94.3	73 of 210 · highest-to-lowest	65.6 / 100
Monaco	2017	-3.2%	196 of 210 · highest-to-lowest	6.7 / 100	-6.6 pp vs world	-4.2%	195 of 210 · highest-to-lowest	7.2 / 100	-6.5 pp vs world	94.9	90 of 210 · highest-to-lowest	57.4 / 100
Monaco	2018	5.7%	40 of 210 · highest-to-lowest	81.3 / 100	+2.4 pp vs world	4.4%	41 of 210 · highest-to-lowest	80.9 / 100	+2.3 pp vs world	95.9	108 of 210 · highest-to-lowest	48.8 / 100
Monaco	2019	7.1%	21 of 210 · highest-to-lowest	90.4 / 100	+4.5 pp vs world	7.2%	9 of 210 · highest-to-lowest	96.2 / 100	+5.7 pp vs world	97.1	130 of 210 · highest-to-lowest	38.3 / 100
Monaco	2020	-13.2%	185 of 210 · highest-to-lowest	12.0 / 100	-10.3 pp vs world	-13.1%	182 of 210 · highest-to-lowest	13.4 / 100	-9.2 pp vs world	100.0	1 of 210 · highest-to-lowest	100.0 / 100
Monaco	2021	22.2%	5 of 210 · highest-to-lowest	98.1 / 100	+15.8 pp vs world	20.7%	4 of 210 · highest-to-lowest	98.6 / 100	+15.2 pp vs world	101.2	185 of 210 · highest-to-lowest	12.0 / 100
Monaco	2022	11.3%	15 of 210 · highest-to-lowest	93.3 / 100	+7.9 pp vs world	10.1%	17 of 210 · highest-to-lowest	92.3 / 100	+7.6 pp vs world	104.3	189 of 210 · highest-to-lowest	10.0 / 100
Monaco	2023	5.4%	38 of 210 · highest-to-lowest	82.3 / 100	+2.5 pp vs world	5.4%	23 of 210 · highest-to-lowest	89.5 / 100	+3.4 pp vs world	109.5	164 of 210 · highest-to-lowest	22.0 / 100
Monaco	2024	8.8%	7 of 210 · highest-to-lowest	97.1 / 100	+6.0 pp vs world	9.7%	4 of 210 · highest-to-lowest	98.6 / 100	+7.8 pp vs world	111.8	172 of 210 · highest-to-lowest	18.2 / 100

Calculations created by Tesseron World Observatory, data from UNSD Analysis of Main Aggregates (2026-01-28_89ede278; source updated 2026-01-28T00:00:00).

Interpretation note

The implicit GDP deflator covers domestically produced output and is not a consumer price index. Annual growth can be volatile.

Latest common comparison

Europe1.3%2024

Western Europe0.5%2024

World2.8%2024

05 · Consumption and domestic demand

How is output used for consumption and domestic demand?

Household and government consumption sit inside final consumption; domestic demand also includes capital formation.

Full historical record

Final Consumption

Household and government consumption sit inside final consumption; domestic demand also includes capital formation.

Monaco is shown against compatible UN benchmarks. The three fixed eras are labeled on the chart and summarized below.

Created by Tesseron World Observatory; data from UN Statistics Division Analysis of Main Aggregates - 28 January 2026 data snapshot.

MonacoWestern EuropeEuropeWorldCurrent prices · national currency · percent

Formation1970–1990

70.7% → 76.2%

Percentage-point change: +5.5 pp

Integration1990–2010

76.2% → 79.6%

Percentage-point change: +3.4 pp

Current era2010–2024

79.6% → 78.8%

Percentage-point change: -0.8 pp

Final consumption78.8%2024 · Published series · World rank 112 of 210 · highest-to-lowest

Household consumption54.6%2024 · Published series · World rank 148 of 209 · highest-to-lowest

Government consumption24.2%2024 · Published series · World rank 31 of 209 · highest-to-lowest

Domestic demand100.3%2024 · Derived measure · World rank 118 of 209 · highest-to-lowest

Consumption and domestic demand: annual rates, ranks and comparison indices55 annual rows

Annual non-duplicative measures used in the consumption and domestic demand section. Annual rows cover the full 1970–2024 AMA record wherever the source publishes a value. World ranks run highest-to-lowest. The position index converts rank to a 0–100 scale: 100 is first and 0 is last; it is not a performance score. World comparison is either a world-equals-100 value index or a percentage-point gap, according to the measure.

Filter rows

From yearTo year

Showing 55 of 55 rows

Consumption and domestic demand: annual rates, ranks and comparison indices

Monaco	1970	70.7%	140 of 178 · highest-to-lowest	21.5 / 100	-2.0 pp vs world	53.3%	144 of 177 · highest-to-lowest	18.8 / 100	-3.7 pp vs world	17.4%	59 of 177 · highest-to-lowest	67.0 / 100	+1.9 pp vs world	99.4%	128 of 177 · highest-to-lowest	27.8 / 100	-1.0 pp vs world
Monaco	1971	71.0%	140 of 178 · highest-to-lowest	21.5 / 100	-2.0 pp vs world	53.3%	146 of 177 · highest-to-lowest	17.6 / 100	-3.7 pp vs world	17.7%	57 of 177 · highest-to-lowest	68.2 / 100	+1.8 pp vs world	98.9%	132 of 177 · highest-to-lowest	25.6 / 100	-1.6 pp vs world
Monaco	1972	70.9%	138 of 178 · highest-to-lowest	22.6 / 100	-2.0 pp vs world	53.2%	145 of 177 · highest-to-lowest	18.2 / 100	-3.7 pp vs world	17.7%	60 of 177 · highest-to-lowest	66.5 / 100	+1.8 pp vs world	99.1%	127 of 177 · highest-to-lowest	28.4 / 100	-1.2 pp vs world
Monaco	1973	70.4%	134 of 178 · highest-to-lowest	24.9 / 100	-1.3 pp vs world	52.5%	141 of 177 · highest-to-lowest	20.5 / 100	-3.4 pp vs world	17.9%	58 of 177 · highest-to-lowest	67.6 / 100	+2.2 pp vs world	99.3%	120 of 177 · highest-to-lowest	32.4 / 100	-0.9 pp vs world
Monaco	1974	71.1%	127 of 178 · highest-to-lowest	28.8 / 100	-0.6 pp vs world	52.8%	134 of 177 · highest-to-lowest	24.4 / 100	-2.8 pp vs world	18.3%	53 of 177 · highest-to-lowest	70.5 / 100	+2.3 pp vs world	101.1%	109 of 177 · highest-to-lowest	38.6 / 100	+0.9 pp vs world
Monaco	1975	73.3%	123 of 178 · highest-to-lowest	31.1 / 100	-0.3 pp vs world	53.4%	137 of 177 · highest-to-lowest	22.7 / 100	-3.2 pp vs world	19.9%	55 of 177 · highest-to-lowest	69.3 / 100	+3.0 pp vs world	98.5%	138 of 177 · highest-to-lowest	22.2 / 100	-1.9 pp vs world
Monaco	1976	73.6%	125 of 178 · highest-to-lowest	29.9 / 100	+0.7 pp vs world	53.4%	134 of 177 · highest-to-lowest	24.4 / 100	-2.7 pp vs world	20.2%	47 of 177 · highest-to-lowest	73.9 / 100	+3.5 pp vs world	100.7%	124 of 177 · highest-to-lowest	30.1 / 100	-0.3 pp vs world
Monaco	1977	73.7%	126 of 178 · highest-to-lowest	29.4 / 100	+0.8 pp vs world	53.2%	139 of 177 · highest-to-lowest	21.6 / 100	-3.0 pp vs world	20.5%	47 of 177 · highest-to-lowest	73.9 / 100	+3.9 pp vs world	99.8%	127 of 177 · highest-to-lowest	28.4 / 100	-1.4 pp vs world
Monaco	1978	73.9%	122 of 178 · highest-to-lowest	31.6 / 100	+1.2 pp vs world	52.9%	142 of 177 · highest-to-lowest	19.9 / 100	-3.0 pp vs world	20.9%	45 of 177 · highest-to-lowest	75.0 / 100	+4.3 pp vs world	98.6%	137 of 177 · highest-to-lowest	22.7 / 100	-2.6 pp vs world
Monaco	1979	74.0%	125 of 178 · highest-to-lowest	29.9 / 100	+1.4 pp vs world	53.2%	140 of 177 · highest-to-lowest	21.0 / 100	-2.9 pp vs world	20.8%	48 of 177 · highest-to-lowest	73.3 / 100	+4.4 pp vs world	99.2%	127 of 177 · highest-to-lowest	28.4 / 100	-1.7 pp vs world
Monaco	1980	75.1%	124 of 178 · highest-to-lowest	30.5 / 100	+2.0 pp vs world	53.7%	139 of 177 · highest-to-lowest	21.6 / 100	-2.8 pp vs world	21.4%	41 of 177 · highest-to-lowest	77.3 / 100	+4.8 pp vs world	101.2%	124 of 177 · highest-to-lowest	30.1 / 100	+0.1 pp vs world
Monaco	1981	77.4%	117 of 178 · highest-to-lowest	34.5 / 100	+4.0 pp vs world	55.3%	137 of 177 · highest-to-lowest	22.7 / 100	-1.3 pp vs world	22.1%	41 of 177 · highest-to-lowest	77.3 / 100	+5.4 pp vs world	101.2%	128 of 177 · highest-to-lowest	27.8 / 100	+0.4 pp vs world
Monaco	1982	78.2%	114 of 178 · highest-to-lowest	36.2 / 100	+3.6 pp vs world	55.6%	138 of 177 · highest-to-lowest	22.2 / 100	-1.8 pp vs world	22.6%	44 of 177 · highest-to-lowest	75.6 / 100	+5.5 pp vs world	102.4%	115 of 177 · highest-to-lowest	35.2 / 100	+1.5 pp vs world
Monaco	1983	78.1%	116 of 178 · highest-to-lowest	35.0 / 100	+3.1 pp vs world	55.3%	138 of 177 · highest-to-lowest	22.2 / 100	-2.6 pp vs world	22.8%	42 of 177 · highest-to-lowest	76.7 / 100	+5.8 pp vs world	100.1%	122 of 177 · highest-to-lowest	31.3 / 100	-0.7 pp vs world
Monaco	1984	78.2%	113 of 178 · highest-to-lowest	36.7 / 100	+3.8 pp vs world	55.2%	130 of 177 · highest-to-lowest	26.7 / 100	-2.4 pp vs world	22.9%	41 of 177 · highest-to-lowest	77.3 / 100	+6.3 pp vs world	99.6%	122 of 177 · highest-to-lowest	31.3 / 100	-1.2 pp vs world
Monaco	1985	78.8%	99 of 178 · highest-to-lowest	44.6 / 100	+3.9 pp vs world	55.8%	128 of 177 · highest-to-lowest	27.8 / 100	-2.4 pp vs world	23.0%	39 of 177 · highest-to-lowest	78.4 / 100	+6.4 pp vs world	100.1%	111 of 177 · highest-to-lowest	37.5 / 100	-0.5 pp vs world
Monaco	1986	77.9%	108 of 178 · highest-to-lowest	39.5 / 100	+2.7 pp vs world	55.3%	131 of 177 · highest-to-lowest	26.1 / 100	-3.0 pp vs world	22.7%	47 of 177 · highest-to-lowest	73.9 / 100	+5.7 pp vs world	99.7%	108 of 177 · highest-to-lowest	39.2 / 100	-1.0 pp vs world
Monaco	1987	78.4%	109 of 178 · highest-to-lowest	39.0 / 100	+3.4 pp vs world	56.0%	128 of 177 · highest-to-lowest	27.8 / 100	-2.1 pp vs world	22.5%	43 of 177 · highest-to-lowest	76.1 / 100	+5.6 pp vs world	100.8%	102 of 177 · highest-to-lowest	42.6 / 100	+0.2 pp vs world
Monaco	1988	77.0%	111 of 178 · highest-to-lowest	37.9 / 100	+2.6 pp vs world	55.0%	130 of 177 · highest-to-lowest	26.7 / 100	-2.8 pp vs world	22.0%	45 of 177 · highest-to-lowest	75.0 / 100	+5.5 pp vs world	100.4%	106 of 177 · highest-to-lowest	40.3 / 100	-0.3 pp vs world
Monaco	1989	76.1%	120 of 179 · highest-to-lowest	33.1 / 100	+2.0 pp vs world	54.7%	133 of 178 · highest-to-lowest	25.4 / 100	-3.0 pp vs world	21.5%	45 of 178 · highest-to-lowest	75.1 / 100	+5.1 pp vs world	100.4%	107 of 178 · highest-to-lowest	40.1 / 100	+0.1 pp vs world
Monaco	1990	76.2%	133 of 206 · highest-to-lowest	35.6 / 100	+1.4 pp vs world	54.7%	146 of 205 · highest-to-lowest	28.9 / 100	-3.4 pp vs world	21.5%	51 of 205 · highest-to-lowest	75.5 / 100	+4.9 pp vs world	100.6%	123 of 205 · highest-to-lowest	40.2 / 100	+0.0 pp vs world
Monaco	1991	76.5%	136 of 206 · highest-to-lowest	34.1 / 100	+1.5 pp vs world	54.5%	150 of 205 · highest-to-lowest	27.0 / 100	-3.6 pp vs world	22.0%	53 of 205 · highest-to-lowest	74.5 / 100	+5.1 pp vs world	100.1%	128 of 205 · highest-to-lowest	37.7 / 100	-0.2 pp vs world
Monaco	1992	77.3%	131 of 206 · highest-to-lowest	36.6 / 100	+2.0 pp vs world	54.6%	153 of 205 · highest-to-lowest	25.5 / 100	-3.7 pp vs world	22.6%	49 of 205 · highest-to-lowest	76.5 / 100	+5.8 pp vs world	99.1%	138 of 205 · highest-to-lowest	32.8 / 100	-0.8 pp vs world
Monaco	1993	78.8%	126 of 206 · highest-to-lowest	39.0 / 100	+3.3 pp vs world	55.1%	150 of 205 · highest-to-lowest	27.0 / 100	-3.7 pp vs world	23.7%	42 of 205 · highest-to-lowest	79.9 / 100	+7.0 pp vs world	98.1%	147 of 205 · highest-to-lowest	28.4 / 100	-1.6 pp vs world
Monaco	1994	78.2%	126 of 206 · highest-to-lowest	39.0 / 100	+2.7 pp vs world	54.7%	150 of 205 · highest-to-lowest	27.0 / 100	-4.2 pp vs world	23.5%	44 of 205 · highest-to-lowest	78.9 / 100	+7.0 pp vs world	98.3%	140 of 205 · highest-to-lowest	31.9 / 100	-1.6 pp vs world
Monaco	1995	77.9%	128 of 206 · highest-to-lowest	38.0 / 100	+3.0 pp vs world	54.4%	155 of 205 · highest-to-lowest	24.5 / 100	-4.1 pp vs world	23.5%	41 of 205 · highest-to-lowest	80.4 / 100	+7.1 pp vs world	98.1%	149 of 205 · highest-to-lowest	27.5 / 100	-1.4 pp vs world
Monaco	1996	78.6%	123 of 206 · highest-to-lowest	40.5 / 100	+3.6 pp vs world	54.9%	156 of 205 · highest-to-lowest	24.0 / 100	-3.9 pp vs world	23.7%	40 of 205 · highest-to-lowest	80.9 / 100	+7.5 pp vs world	97.9%	146 of 205 · highest-to-lowest	28.9 / 100	-1.6 pp vs world
Monaco	1997	77.6%	127 of 206 · highest-to-lowest	38.5 / 100	+2.6 pp vs world	53.9%	155 of 205 · highest-to-lowest	24.5 / 100	-5.1 pp vs world	23.7%	32 of 205 · highest-to-lowest	84.8 / 100	+7.7 pp vs world	96.5%	161 of 205 · highest-to-lowest	21.6 / 100	-2.9 pp vs world
Monaco	1998	76.8%	137 of 206 · highest-to-lowest	33.7 / 100	+1.2 pp vs world	53.9%	161 of 205 · highest-to-lowest	21.6 / 100	-5.6 pp vs world	22.9%	40 of 205 · highest-to-lowest	80.9 / 100	+6.8 pp vs world	96.9%	172 of 205 · highest-to-lowest	16.2 / 100	-2.7 pp vs world
Monaco	1999	76.5%	133 of 206 · highest-to-lowest	35.6 / 100	+0.7 pp vs world	53.7%	158 of 205 · highest-to-lowest	23.0 / 100	-6.1 pp vs world	22.9%	39 of 205 · highest-to-lowest	81.4 / 100	+6.8 pp vs world	97.3%	150 of 205 · highest-to-lowest	27.0 / 100	-2.5 pp vs world
Monaco	2000	76.4%	127 of 206 · highest-to-lowest	38.5 / 100	+0.8 pp vs world	53.8%	154 of 205 · highest-to-lowest	25.0 / 100	-5.8 pp vs world	22.6%	39 of 205 · highest-to-lowest	81.4 / 100	+6.7 pp vs world	98.3%	139 of 205 · highest-to-lowest	32.4 / 100	-1.6 pp vs world
Monaco	2001	76.5%	130 of 206 · highest-to-lowest	37.1 / 100	+0.1 pp vs world	54.1%	155 of 205 · highest-to-lowest	24.5 / 100	-6.0 pp vs world	22.4%	37 of 205 · highest-to-lowest	82.4 / 100	+6.1 pp vs world	98.0%	146 of 205 · highest-to-lowest	28.9 / 100	-2.0 pp vs world
Monaco	2002	77.0%	126 of 206 · highest-to-lowest	39.0 / 100	+0.1 pp vs world	54.0%	158 of 205 · highest-to-lowest	23.0 / 100	-6.1 pp vs world	22.9%	34 of 205 · highest-to-lowest	83.8 / 100	+6.3 pp vs world	97.7%	142 of 205 · highest-to-lowest	30.9 / 100	-2.1 pp vs world
Monaco	2003	77.7%	129 of 206 · highest-to-lowest	37.6 / 100	+0.9 pp vs world	54.3%	160 of 205 · highest-to-lowest	22.1 / 100	-5.5 pp vs world	23.4%	29 of 205 · highest-to-lowest	86.3 / 100	+6.5 pp vs world	98.3%	143 of 205 · highest-to-lowest	30.4 / 100	-1.6 pp vs world
Monaco	2004	77.3%	123 of 206 · highest-to-lowest	40.5 / 100	+1.4 pp vs world	54.1%	157 of 205 · highest-to-lowest	23.5 / 100	-5.0 pp vs world	23.2%	28 of 205 · highest-to-lowest	86.8 / 100	+6.5 pp vs world	98.7%	136 of 205 · highest-to-lowest	33.8 / 100	-1.1 pp vs world
Monaco	2005	77.6%	121 of 208 · highest-to-lowest	42.0 / 100	+2.2 pp vs world	54.3%	151 of 207 · highest-to-lowest	27.2 / 100	-4.4 pp vs world	23.3%	27 of 207 · highest-to-lowest	87.4 / 100	+6.6 pp vs world	99.5%	133 of 207 · highest-to-lowest	35.9 / 100	-0.1 pp vs world
Monaco	2006	77.3%	116 of 208 · highest-to-lowest	44.4 / 100	+2.8 pp vs world	54.4%	147 of 207 · highest-to-lowest	29.1 / 100	-3.6 pp vs world	22.9%	25 of 207 · highest-to-lowest	88.3 / 100	+6.4 pp vs world	100.0%	127 of 207 · highest-to-lowest	38.8 / 100	+0.7 pp vs world
Monaco	2007	76.9%	121 of 208 · highest-to-lowest	42.0 / 100	+2.9 pp vs world	54.3%	149 of 207 · highest-to-lowest	28.2 / 100	-3.2 pp vs world	22.6%	26 of 207 · highest-to-lowest	87.9 / 100	+6.2 pp vs world	100.4%	129 of 207 · highest-to-lowest	37.9 / 100	+1.2 pp vs world
Monaco	2008	77.3%	119 of 210 · highest-to-lowest	43.5 / 100	+3.4 pp vs world	54.6%	148 of 209 · highest-to-lowest	29.3 / 100	-2.5 pp vs world	22.7%	25 of 209 · highest-to-lowest	88.5 / 100	+5.9 pp vs world	100.8%	136 of 209 · highest-to-lowest	35.1 / 100	+1.5 pp vs world
Monaco	2009	79.7%	116 of 210 · highest-to-lowest	45.0 / 100	+3.7 pp vs world	55.4%	151 of 209 · highest-to-lowest	27.9 / 100	-2.7 pp vs world	24.3%	28 of 209 · highest-to-lowest	87.0 / 100	+6.3 pp vs world	100.4%	136 of 209 · highest-to-lowest	35.1 / 100	+1.0 pp vs world
Monaco	2010	79.6%	111 of 210 · highest-to-lowest	47.4 / 100	+5.1 pp vs world	55.4%	149 of 209 · highest-to-lowest	28.8 / 100	-1.6 pp vs world	24.2%	27 of 209 · highest-to-lowest	87.5 / 100	+6.7 pp vs world	100.9%	130 of 209 · highest-to-lowest	38.0 / 100	+1.8 pp vs world
Monaco	2011	79.0%	112 of 210 · highest-to-lowest	46.9 / 100	+5.2 pp vs world	55.1%	146 of 209 · highest-to-lowest	30.3 / 100	-1.5 pp vs world	24.0%	25 of 209 · highest-to-lowest	88.5 / 100	+6.7 pp vs world	101.5%	116 of 209 · highest-to-lowest	44.7 / 100	+2.5 pp vs world
Monaco	2012	79.1%	116 of 210 · highest-to-lowest	45.0 / 100	+5.4 pp vs world	54.9%	147 of 209 · highest-to-lowest	29.8 / 100	-1.7 pp vs world	24.2%	27 of 209 · highest-to-lowest	87.5 / 100	+7.1 pp vs world	100.9%	128 of 209 · highest-to-lowest	38.9 / 100	+1.9 pp vs world
Monaco	2013	79.1%	116 of 210 · highest-to-lowest	45.0 / 100	+5.5 pp vs world	54.7%	150 of 209 · highest-to-lowest	28.4 / 100	-1.9 pp vs world	24.4%	28 of 209 · highest-to-lowest	87.0 / 100	+7.4 pp vs world	100.6%	129 of 209 · highest-to-lowest	38.5 / 100	+1.6 pp vs world
Monaco	2014	78.9%	118 of 210 · highest-to-lowest	44.0 / 100	+5.3 pp vs world	54.5%	147 of 209 · highest-to-lowest	29.8 / 100	-2.2 pp vs world	24.4%	30 of 209 · highest-to-lowest	86.1 / 100	+7.5 pp vs world	100.7%	129 of 209 · highest-to-lowest	38.5 / 100	+1.4 pp vs world
Monaco	2015	78.4%	119 of 210 · highest-to-lowest	43.5 / 100	+4.7 pp vs world	54.3%	152 of 209 · highest-to-lowest	27.4 / 100	-2.7 pp vs world	24.1%	31 of 209 · highest-to-lowest	85.6 / 100	+7.5 pp vs world	100.1%	137 of 209 · highest-to-lowest	34.6 / 100	+0.6 pp vs world
Monaco	2016	78.7%	116 of 210 · highest-to-lowest	45.0 / 100	+4.9 pp vs world	54.6%	153 of 209 · highest-to-lowest	26.9 / 100	-2.6 pp vs world	24.1%	30 of 209 · highest-to-lowest	86.1 / 100	+7.5 pp vs world	100.3%	126 of 209 · highest-to-lowest	39.9 / 100	+1.1 pp vs world
Monaco	2017	78.6%	113 of 210 · highest-to-lowest	46.4 / 100	+5.3 pp vs world	54.4%	154 of 209 · highest-to-lowest	26.4 / 100	-2.5 pp vs world	24.2%	26 of 209 · highest-to-lowest	88.0 / 100	+7.8 pp vs world	100.8%	117 of 209 · highest-to-lowest	44.2 / 100	+1.5 pp vs world
Monaco	2018	78.4%	114 of 210 · highest-to-lowest	45.9 / 100	+5.6 pp vs world	54.5%	148 of 209 · highest-to-lowest	29.3 / 100	-1.8 pp vs world	23.8%	26 of 209 · highest-to-lowest	88.0 / 100	+7.4 pp vs world	101.0%	120 of 209 · highest-to-lowest	42.8 / 100	+1.8 pp vs world
Monaco	2019	77.6%	120 of 210 · highest-to-lowest	43.1 / 100	+4.6 pp vs world	54.1%	149 of 209 · highest-to-lowest	28.8 / 100	-2.3 pp vs world	23.5%	30 of 209 · highest-to-lowest	86.1 / 100	+6.9 pp vs world	100.6%	113 of 209 · highest-to-lowest	46.2 / 100	+1.2 pp vs world
Monaco	2020	78.9%	125 of 210 · highest-to-lowest	40.7 / 100	+5.7 pp vs world	53.6%	154 of 209 · highest-to-lowest	26.4 / 100	-1.9 pp vs world	25.3%	32 of 209 · highest-to-lowest	85.1 / 100	+7.6 pp vs world	101.7%	116 of 209 · highest-to-lowest	44.7 / 100	+2.2 pp vs world
Monaco	2021	77.8%	118 of 210 · highest-to-lowest	44.0 / 100	+5.8 pp vs world	52.8%	148 of 209 · highest-to-lowest	29.3 / 100	-2.1 pp vs world	24.9%	29 of 209 · highest-to-lowest	86.5 / 100	+7.9 pp vs world	101.2%	118 of 209 · highest-to-lowest	43.8 / 100	+2.2 pp vs world
Monaco	2022	78.7%	113 of 210 · highest-to-lowest	46.4 / 100	+6.8 pp vs world	54.1%	147 of 209 · highest-to-lowest	29.8 / 100	-1.5 pp vs world	24.6%	23 of 209 · highest-to-lowest	89.4 / 100	+8.2 pp vs world	102.7%	111 of 209 · highest-to-lowest	47.1 / 100	+3.6 pp vs world
Monaco	2023	78.8%	114 of 210 · highest-to-lowest	45.9 / 100	+5.8 pp vs world	54.7%	146 of 209 · highest-to-lowest	30.3 / 100	-1.8 pp vs world	24.1%	29 of 209 · highest-to-lowest	86.5 / 100	+7.6 pp vs world	101.7%	113 of 209 · highest-to-lowest	46.2 / 100	+2.5 pp vs world
Monaco	2024	78.8%	112 of 210 · highest-to-lowest	46.9 / 100	+5.6 pp vs world	54.6%	148 of 209 · highest-to-lowest	29.3 / 100	-2.0 pp vs world	24.2%	31 of 209 · highest-to-lowest	85.6 / 100	+7.6 pp vs world	100.3%	118 of 209 · highest-to-lowest	43.8 / 100	+1.1 pp vs world

Calculations created by Tesseron World Observatory, data from UNSD Analysis of Main Aggregates (2026-01-28_89ede278; source updated 2026-01-28T00:00:00).

Interpretation note

Parent aggregates and their components should not be added together. Shares describe composition, not the quality of spending.

Latest common comparison

Europe74.5%2024

Western Europe74.3%2024

World73.2%2024

06 · Investment and capital formation

How much current output is directed toward capital formation?

Gross capital formation combines fixed investment and inventory change as shares of GDP.

Full historical record

Gross Capital Formation

Gross capital formation combines fixed investment and inventory change as shares of GDP.

Monaco is shown against compatible UN benchmarks. The three fixed eras are labeled on the chart and summarized below.

Created by Tesseron World Observatory; data from UN Statistics Division Analysis of Main Aggregates - 28 January 2026 data snapshot.

MonacoWestern EuropeEuropeWorldCurrent prices · national currency · percent

Formation1970–1990

28.8% → 24.4%

Percentage-point change: -4.3 pp

Integration1990–2010

24.4% → 21.3%

Percentage-point change: -3.1 pp

Current era2010–2024

21.3% → 21.5%

Percentage-point change: +0.2 pp

Gross capital formation21.5%2024 · Published series · World rank 120 of 209 · highest-to-lowest

Gross fixed capital formation22.1%2024 · Published series · World rank 106 of 209 · highest-to-lowest

Changes in inventories-0.6%2024 · Published series · World rank 138 of 163 · highest-to-lowest

Investment and capital formation: annual rates, ranks and comparison indices55 annual rows

Annual non-duplicative measures used in the investment and capital formation section. Annual rows cover the full 1970–2024 AMA record wherever the source publishes a value. World ranks run highest-to-lowest. The position index converts rank to a 0–100 scale: 100 is first and 0 is last; it is not a performance score. World comparison is either a world-equals-100 value index or a percentage-point gap, according to the measure.

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Showing 55 of 55 rows

Investment and capital formation: annual rates, ranks and comparison indices

Monaco	1970	28.8%	50 of 177 · highest-to-lowest	72.2 / 100	+1.0 pp vs world	26.1%	53 of 177 · highest-to-lowest	70.5 / 100	+3.2 pp vs world	2.7%	47 of 137 · highest-to-lowest	66.2 / 100	-2.2 pp vs world
Monaco	1971	27.9%	57 of 177 · highest-to-lowest	68.2 / 100	+0.4 pp vs world	26.4%	56 of 177 · highest-to-lowest	68.8 / 100	+3.2 pp vs world	1.5%	66 of 137 · highest-to-lowest	52.2 / 100	-2.7 pp vs world
Monaco	1972	28.2%	55 of 177 · highest-to-lowest	69.3 / 100	+0.8 pp vs world	26.5%	52 of 177 · highest-to-lowest	71.0 / 100	+0.0 pp vs world	1.7%	54 of 138 · highest-to-lowest	61.3 / 100	+0.8 pp vs world
Monaco	1973	28.9%	50 of 177 · highest-to-lowest	72.2 / 100	+0.3 pp vs world	26.9%	49 of 177 · highest-to-lowest	72.7 / 100	-0.3 pp vs world	2.0%	58 of 140 · highest-to-lowest	59.0 / 100	+0.7 pp vs world
Monaco	1974	30.0%	55 of 177 · highest-to-lowest	69.3 / 100	+1.5 pp vs world	27.6%	48 of 177 · highest-to-lowest	73.3 / 100	+1.1 pp vs world	2.4%	67 of 138 · highest-to-lowest	51.8 / 100	+0.4 pp vs world
Monaco	1975	25.2%	78 of 177 · highest-to-lowest	56.3 / 100	-1.6 pp vs world	26.0%	68 of 177 · highest-to-lowest	61.9 / 100	-0.4 pp vs world	-0.8%	111 of 140 · highest-to-lowest	20.9 / 100	-1.3 pp vs world
Monaco	1976	27.1%	67 of 177 · highest-to-lowest	62.5 / 100	-1.0 pp vs world	25.6%	67 of 177 · highest-to-lowest	62.5 / 100	-1.3 pp vs world	1.5%	62 of 139 · highest-to-lowest	55.8 / 100	+0.3 pp vs world
Monaco	1977	26.1%	74 of 177 · highest-to-lowest	58.5 / 100	-2.2 pp vs world	24.6%	77 of 177 · highest-to-lowest	56.8 / 100	-2.6 pp vs world	1.5%	63 of 139 · highest-to-lowest	55.1 / 100	+0.4 pp vs world
Monaco	1978	24.7%	88 of 177 · highest-to-lowest	50.6 / 100	-3.8 pp vs world	24.1%	83 of 177 · highest-to-lowest	53.4 / 100	-3.4 pp vs world	0.6%	85 of 139 · highest-to-lowest	39.1 / 100	-0.3 pp vs world
Monaco	1979	25.2%	86 of 177 · highest-to-lowest	51.7 / 100	-3.1 pp vs world	24.0%	87 of 177 · highest-to-lowest	51.1 / 100	-3.2 pp vs world	1.2%	80 of 142 · highest-to-lowest	44.0 / 100	+0.1 pp vs world
Monaco	1980	26.1%	85 of 177 · highest-to-lowest	52.3 / 100	-1.9 pp vs world	24.9%	78 of 177 · highest-to-lowest	56.3 / 100	-2.2 pp vs world	1.3%	76 of 143 · highest-to-lowest	47.2 / 100	+0.4 pp vs world
Monaco	1981	23.9%	93 of 177 · highest-to-lowest	47.7 / 100	-3.6 pp vs world	24.3%	83 of 177 · highest-to-lowest	53.4 / 100	-2.4 pp vs world	-0.5%	118 of 144 · highest-to-lowest	18.2 / 100	-1.2 pp vs world
Monaco	1982	24.2%	89 of 177 · highest-to-lowest	50.0 / 100	-2.1 pp vs world	23.7%	88 of 177 · highest-to-lowest	50.6 / 100	-2.5 pp vs world	0.5%	84 of 145 · highest-to-lowest	42.4 / 100	+0.4 pp vs world
Monaco	1983	22.0%	84 of 177 · highest-to-lowest	52.8 / 100	-3.8 pp vs world	22.3%	83 of 177 · highest-to-lowest	53.4 / 100	-3.4 pp vs world	-0.3%	101 of 146 · highest-to-lowest	31.0 / 100	-0.5 pp vs world
Monaco	1984	21.4%	93 of 177 · highest-to-lowest	47.7 / 100	-5.0 pp vs world	21.6%	84 of 177 · highest-to-lowest	52.8 / 100	-3.7 pp vs world	-0.1%	116 of 147 · highest-to-lowest	21.2 / 100	-1.2 pp vs world
Monaco	1985	21.3%	92 of 177 · highest-to-lowest	48.3 / 100	-4.4 pp vs world	21.4%	81 of 177 · highest-to-lowest	54.5 / 100	-3.5 pp vs world	-0.1%	114 of 148 · highest-to-lowest	23.1 / 100	-0.9 pp vs world
Monaco	1986	21.8%	83 of 177 · highest-to-lowest	53.4 / 100	-3.6 pp vs world	21.3%	84 of 177 · highest-to-lowest	52.8 / 100	-3.5 pp vs world	0.5%	80 of 148 · highest-to-lowest	46.3 / 100	-0.1 pp vs world
Monaco	1987	22.3%	83 of 177 · highest-to-lowest	53.4 / 100	-3.2 pp vs world	22.0%	87 of 177 · highest-to-lowest	51.1 / 100	-2.9 pp vs world	0.3%	89 of 151 · highest-to-lowest	41.3 / 100	-0.2 pp vs world
Monaco	1988	23.4%	80 of 177 · highest-to-lowest	55.1 / 100	-2.9 pp vs world	22.7%	82 of 177 · highest-to-lowest	54.0 / 100	-2.7 pp vs world	0.7%	83 of 151 · highest-to-lowest	45.3 / 100	-0.2 pp vs world
Monaco	1989	24.3%	78 of 178 · highest-to-lowest	56.5 / 100	-1.9 pp vs world	23.2%	82 of 178 · highest-to-lowest	54.2 / 100	-1.8 pp vs world	1.0%	71 of 152 · highest-to-lowest	53.6 / 100	-0.1 pp vs world
Monaco	1990	24.4%	90 of 205 · highest-to-lowest	56.4 / 100	-1.4 pp vs world	23.5%	85 of 205 · highest-to-lowest	58.8 / 100	-1.6 pp vs world	1.0%	87 of 174 · highest-to-lowest	50.3 / 100	+0.2 pp vs world
Monaco	1991	23.6%	92 of 205 · highest-to-lowest	55.4 / 100	-1.6 pp vs world	23.2%	75 of 205 · highest-to-lowest	63.7 / 100	-1.1 pp vs world	0.4%	107 of 172 · highest-to-lowest	38.0 / 100	-0.6 pp vs world
Monaco	1992	21.8%	102 of 205 · highest-to-lowest	50.5 / 100	-2.9 pp vs world	22.0%	87 of 205 · highest-to-lowest	57.8 / 100	-1.9 pp vs world	-0.2%	130 of 167 · highest-to-lowest	22.3 / 100	-1.0 pp vs world
Monaco	1993	19.3%	126 of 205 · highest-to-lowest	38.7 / 100	-4.9 pp vs world	20.5%	105 of 205 · highest-to-lowest	49.0 / 100	-3.1 pp vs world	-1.2%	144 of 170 · highest-to-lowest	15.4 / 100	-1.7 pp vs world
Monaco	1994	20.0%	125 of 205 · highest-to-lowest	39.2 / 100	-4.4 pp vs world	20.2%	115 of 205 · highest-to-lowest	44.1 / 100	-3.4 pp vs world	-0.2%	136 of 170 · highest-to-lowest	20.1 / 100	-0.9 pp vs world
Monaco	1995	20.2%	131 of 205 · highest-to-lowest	36.3 / 100	-4.4 pp vs world	19.8%	118 of 205 · highest-to-lowest	42.6 / 100	-3.9 pp vs world	0.4%	117 of 171 · highest-to-lowest	31.8 / 100	-0.5 pp vs world
Monaco	1996	19.2%	141 of 205 · highest-to-lowest	31.4 / 100	-5.2 pp vs world	19.5%	129 of 205 · highest-to-lowest	37.3 / 100	-4.2 pp vs world	-0.3%	142 of 171 · highest-to-lowest	17.1 / 100	-1.0 pp vs world
Monaco	1997	18.9%	143 of 205 · highest-to-lowest	30.4 / 100	-5.5 pp vs world	19.0%	135 of 205 · highest-to-lowest	34.3 / 100	-4.5 pp vs world	-0.1%	139 of 172 · highest-to-lowest	19.3 / 100	-1.0 pp vs world
Monaco	1998	20.1%	140 of 205 · highest-to-lowest	31.9 / 100	-3.9 pp vs world	19.4%	141 of 205 · highest-to-lowest	31.4 / 100	-4.0 pp vs world	0.7%	83 of 168 · highest-to-lowest	50.9 / 100	+0.1 pp vs world
Monaco	1999	20.7%	121 of 205 · highest-to-lowest	41.2 / 100	-3.2 pp vs world	20.2%	123 of 205 · highest-to-lowest	40.2 / 100	-3.2 pp vs world	0.5%	75 of 168 · highest-to-lowest	55.7 / 100	+0.1 pp vs world
Monaco	2000	21.9%	112 of 205 · highest-to-lowest	45.6 / 100	-2.4 pp vs world	21.0%	103 of 205 · highest-to-lowest	50.0 / 100	-2.7 pp vs world	0.9%	79 of 170 · highest-to-lowest	53.8 / 100	+0.3 pp vs world
Monaco	2001	21.5%	121 of 205 · highest-to-lowest	41.2 / 100	-2.0 pp vs world	20.9%	113 of 205 · highest-to-lowest	45.1 / 100	-2.4 pp vs world	0.6%	95 of 172 · highest-to-lowest	45.0 / 100	+0.3 pp vs world
Monaco	2002	20.7%	125 of 205 · highest-to-lowest	39.2 / 100	-2.3 pp vs world	20.4%	117 of 205 · highest-to-lowest	43.1 / 100	-2.3 pp vs world	0.3%	113 of 175 · highest-to-lowest	35.6 / 100	+0.0 pp vs world
Monaco	2003	20.7%	130 of 205 · highest-to-lowest	36.8 / 100	-2.5 pp vs world	20.5%	113 of 205 · highest-to-lowest	45.1 / 100	-2.2 pp vs world	0.1%	134 of 174 · highest-to-lowest	23.1 / 100	-0.3 pp vs world
Monaco	2004	21.4%	123 of 205 · highest-to-lowest	40.2 / 100	-2.5 pp vs world	20.9%	113 of 205 · highest-to-lowest	45.1 / 100	-2.2 pp vs world	0.5%	109 of 178 · highest-to-lowest	39.0 / 100	-0.3 pp vs world
Monaco	2005	21.9%	120 of 207 · highest-to-lowest	42.2 / 100	-2.4 pp vs world	21.3%	116 of 207 · highest-to-lowest	44.2 / 100	-2.3 pp vs world	0.6%	102 of 178 · highest-to-lowest	42.9 / 100	-0.0 pp vs world
Monaco	2006	22.7%	115 of 207 · highest-to-lowest	44.7 / 100	-2.1 pp vs world	22.0%	118 of 207 · highest-to-lowest	43.2 / 100	-2.1 pp vs world	0.7%	101 of 180 · highest-to-lowest	44.1 / 100	-0.1 pp vs world
Monaco	2007	23.6%	120 of 207 · highest-to-lowest	42.2 / 100	-1.7 pp vs world	22.6%	120 of 207 · highest-to-lowest	42.2 / 100	-1.7 pp vs world	0.9%	91 of 179 · highest-to-lowest	49.4 / 100	-0.1 pp vs world
Monaco	2008	23.5%	128 of 209 · highest-to-lowest	38.9 / 100	-1.9 pp vs world	23.0%	116 of 209 · highest-to-lowest	44.7 / 100	-1.4 pp vs world	0.5%	118 of 180 · highest-to-lowest	34.6 / 100	-0.5 pp vs world
Monaco	2009	20.7%	132 of 209 · highest-to-lowest	37.0 / 100	-2.6 pp vs world	21.5%	119 of 209 · highest-to-lowest	43.3 / 100	-2.2 pp vs world	-0.8%	132 of 179 · highest-to-lowest	26.4 / 100	-0.5 pp vs world
Monaco	2010	21.3%	131 of 209 · highest-to-lowest	37.5 / 100	-3.2 pp vs world	21.5%	119 of 209 · highest-to-lowest	43.3 / 100	-2.0 pp vs world	-0.2%	152 of 178 · highest-to-lowest	14.7 / 100	-1.2 pp vs world
Monaco	2011	22.5%	114 of 209 · highest-to-lowest	45.7 / 100	-2.8 pp vs world	21.7%	109 of 209 · highest-to-lowest	48.1 / 100	-2.3 pp vs world	0.8%	98 of 179 · highest-to-lowest	45.5 / 100	-0.4 pp vs world
Monaco	2012	21.8%	124 of 209 · highest-to-lowest	40.9 / 100	-3.6 pp vs world	21.7%	113 of 209 · highest-to-lowest	46.2 / 100	-2.8 pp vs world	0.1%	127 of 178 · highest-to-lowest	28.8 / 100	-0.7 pp vs world
Monaco	2013	21.5%	134 of 209 · highest-to-lowest	36.1 / 100	-3.9 pp vs world	21.3%	119 of 209 · highest-to-lowest	43.3 / 100	-3.3 pp vs world	0.2%	115 of 176 · highest-to-lowest	34.9 / 100	-0.6 pp vs world
Monaco	2014	21.8%	128 of 209 · highest-to-lowest	38.9 / 100	-3.9 pp vs world	21.0%	128 of 209 · highest-to-lowest	38.9 / 100	-3.8 pp vs world	0.9%	70 of 175 · highest-to-lowest	60.3 / 100	-0.1 pp vs world
Monaco	2015	21.7%	129 of 209 · highest-to-lowest	38.5 / 100	-4.1 pp vs world	20.6%	135 of 209 · highest-to-lowest	35.6 / 100	-4.5 pp vs world	1.1%	59 of 176 · highest-to-lowest	66.9 / 100	+0.4 pp vs world
Monaco	2016	21.6%	125 of 209 · highest-to-lowest	40.4 / 100	-3.8 pp vs world	20.9%	120 of 209 · highest-to-lowest	42.8 / 100	-3.9 pp vs world	0.6%	74 of 176 · highest-to-lowest	58.3 / 100	+0.2 pp vs world
Monaco	2017	22.2%	112 of 209 · highest-to-lowest	46.6 / 100	-3.7 pp vs world	21.4%	118 of 209 · highest-to-lowest	43.8 / 100	-3.7 pp vs world	0.7%	85 of 175 · highest-to-lowest	51.7 / 100	-0.0 pp vs world
Monaco	2018	22.6%	106 of 209 · highest-to-lowest	49.5 / 100	-3.7 pp vs world	21.9%	104 of 209 · highest-to-lowest	50.5 / 100	-3.7 pp vs world	0.7%	91 of 175 · highest-to-lowest	48.3 / 100	-0.0 pp vs world
Monaco	2019	23.0%	104 of 209 · highest-to-lowest	50.5 / 100	-3.4 pp vs world	22.4%	104 of 209 · highest-to-lowest	50.5 / 100	-3.4 pp vs world	0.6%	89 of 174 · highest-to-lowest	49.1 / 100	+0.0 pp vs world
Monaco	2020	22.8%	99 of 209 · highest-to-lowest	52.9 / 100	-3.5 pp vs world	22.5%	94 of 209 · highest-to-lowest	55.3 / 100	-3.5 pp vs world	0.3%	85 of 173 · highest-to-lowest	51.2 / 100	+0.0 pp vs world
Monaco	2021	23.4%	104 of 209 · highest-to-lowest	50.5 / 100	-3.6 pp vs world	23.5%	86 of 209 · highest-to-lowest	59.1 / 100	-2.5 pp vs world	-0.1%	149 of 171 · highest-to-lowest	12.9 / 100	-1.1 pp vs world
Monaco	2022	24.0%	105 of 209 · highest-to-lowest	50.0 / 100	-3.2 pp vs world	23.5%	84 of 209 · highest-to-lowest	60.1 / 100	-2.4 pp vs world	0.5%	115 of 170 · highest-to-lowest	32.5 / 100	-0.8 pp vs world
Monaco	2023	22.9%	106 of 209 · highest-to-lowest	49.5 / 100	-3.4 pp vs world	22.9%	99 of 209 · highest-to-lowest	52.9 / 100	-2.9 pp vs world	0.0%	115 of 169 · highest-to-lowest	32.1 / 100	-0.5 pp vs world
Monaco	2024	21.5%	120 of 209 · highest-to-lowest	42.8 / 100	-4.4 pp vs world	22.1%	106 of 209 · highest-to-lowest	49.5 / 100	-3.3 pp vs world	-0.6%	138 of 163 · highest-to-lowest	15.4 / 100	-1.2 pp vs world

Calculations created by Tesseron World Observatory, data from UNSD Analysis of Main Aggregates (2026-01-28_89ede278; source updated 2026-01-28T00:00:00).

Interpretation note

A larger investment share is not automatically better; depreciation, utilization and project quality are outside this accounting measure.

Latest common comparison

Europe21.8%2024

Western Europe21.8%2024

World26.0%2024

07 · Trade structure and external balance

How exposed is the economy to trade, and what is the external balance?

Exports, imports, openness and net exports distinguish exposure from surplus or deficit.

Full historical record

Trade openness

Exports, imports, openness and net exports distinguish exposure from surplus or deficit.

Monaco is shown against compatible UN benchmarks. The three fixed eras are labeled on the chart and summarized below.

Created by Tesseron World Observatory; data from UN Statistics Division Analysis of Main Aggregates - 28 January 2026 data snapshot.

MonacoWestern EuropeEuropeWorldCurrent prices · percent

Formation1970–1990

32.1% → 44.6%

Percentage-point change: +12.5 pp

Integration1990–2010

44.6% → 56.6%

Percentage-point change: +12.0 pp

Current era2010–2024

56.6% → 68.1%

Percentage-point change: +11.5 pp

Exports33.9%2024 · Published series · World rank 116 of 210 · highest-to-lowest

Imports34.2%2024 · Published series · World rank 139 of 210 · highest-to-lowest

Net exports-0.3%2024 · Derived measure · World rank 92 of 210 · highest-to-lowest

Trade openness68.1%2024 · Derived measure · World rank 134 of 210 · highest-to-lowest

Trade structure and external balance: annual rates, ranks and comparison indices55 annual rows

Annual non-duplicative measures used in the trade structure and external balance section. Annual rows cover the full 1970–2024 AMA record wherever the source publishes a value. World ranks run highest-to-lowest. The position index converts rank to a 0–100 scale: 100 is first and 0 is last; it is not a performance score. World comparison is either a world-equals-100 value index or a percentage-point gap, according to the measure.

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From yearTo year

Showing 55 of 55 rows

Trade structure and external balance: annual rates, ranks and comparison indices

Monaco	1970	16.5%	122 of 178 · highest-to-lowest	31.6 / 100	+5.2 pp vs world	15.6%	145 of 178 · highest-to-lowest	18.6 / 100	+4.4 pp vs world	0.9%	47 of 178 · highest-to-lowest	74.0 / 100	+0.9 pp vs world	32.1%	137 of 178 · highest-to-lowest	23.2 / 100	+9.6 pp vs world
Monaco	1971	17.1%	119 of 178 · highest-to-lowest	33.3 / 100	+5.6 pp vs world	15.7%	145 of 178 · highest-to-lowest	18.6 / 100	+4.3 pp vs world	1.4%	41 of 178 · highest-to-lowest	77.4 / 100	+1.3 pp vs world	32.7%	137 of 178 · highest-to-lowest	23.2 / 100	+9.9 pp vs world
Monaco	1972	17.2%	122 of 178 · highest-to-lowest	31.6 / 100	+5.4 pp vs world	16.0%	146 of 178 · highest-to-lowest	18.1 / 100	+4.4 pp vs world	1.2%	43 of 178 · highest-to-lowest	76.3 / 100	+1.0 pp vs world	33.3%	138 of 178 · highest-to-lowest	22.6 / 100	+9.9 pp vs world
Monaco	1973	18.2%	123 of 178 · highest-to-lowest	31.1 / 100	+5.0 pp vs world	17.1%	147 of 178 · highest-to-lowest	17.5 / 100	+4.1 pp vs world	1.1%	47 of 178 · highest-to-lowest	74.0 / 100	+0.8 pp vs world	35.3%	140 of 178 · highest-to-lowest	21.5 / 100	+9.1 pp vs world
Monaco	1974	21.4%	118 of 178 · highest-to-lowest	33.9 / 100	+5.3 pp vs world	22.0%	134 of 178 · highest-to-lowest	24.9 / 100	+6.0 pp vs world	-0.6%	67 of 178 · highest-to-lowest	62.7 / 100	-0.6 pp vs world	43.5%	135 of 178 · highest-to-lowest	24.3 / 100	+11.3 pp vs world
Monaco	1975	19.6%	119 of 178 · highest-to-lowest	33.3 / 100	+4.4 pp vs world	18.1%	152 of 178 · highest-to-lowest	14.7 / 100	+2.9 pp vs world	1.5%	37 of 178 · highest-to-lowest	79.7 / 100	+1.4 pp vs world	37.7%	140 of 178 · highest-to-lowest	21.5 / 100	+7.3 pp vs world
Monaco	1976	20.1%	115 of 178 · highest-to-lowest	35.6 / 100	+4.4 pp vs world	20.6%	138 of 178 · highest-to-lowest	22.6 / 100	+4.8 pp vs world	-0.5%	53 of 178 · highest-to-lowest	70.6 / 100	-0.4 pp vs world	40.7%	136 of 178 · highest-to-lowest	23.7 / 100	+9.2 pp vs world
Monaco	1977	21.0%	116 of 178 · highest-to-lowest	35.0 / 100	+5.2 pp vs world	20.7%	138 of 178 · highest-to-lowest	22.6 / 100	+4.6 pp vs world	0.3%	50 of 178 · highest-to-lowest	72.3 / 100	+0.6 pp vs world	41.7%	130 of 178 · highest-to-lowest	27.1 / 100	+9.8 pp vs world
Monaco	1978	21.3%	116 of 178 · highest-to-lowest	35.0 / 100	+5.8 pp vs world	19.8%	142 of 178 · highest-to-lowest	20.3 / 100	+4.1 pp vs world	1.4%	38 of 178 · highest-to-lowest	79.1 / 100	+1.7 pp vs world	41.1%	135 of 178 · highest-to-lowest	24.3 / 100	+9.8 pp vs world
Monaco	1979	21.7%	117 of 178 · highest-to-lowest	34.5 / 100	+4.8 pp vs world	20.9%	142 of 178 · highest-to-lowest	20.3 / 100	+3.8 pp vs world	0.8%	48 of 178 · highest-to-lowest	73.4 / 100	+1.0 pp vs world	42.6%	137 of 178 · highest-to-lowest	23.2 / 100	+8.6 pp vs world
Monaco	1980	22.0%	113 of 178 · highest-to-lowest	36.7 / 100	+3.7 pp vs world	23.2%	133 of 178 · highest-to-lowest	25.4 / 100	+4.6 pp vs world	-1.2%	54 of 178 · highest-to-lowest	70.1 / 100	-0.9 pp vs world	45.2%	131 of 178 · highest-to-lowest	26.6 / 100	+8.3 pp vs world
Monaco	1981	23.1%	110 of 178 · highest-to-lowest	38.4 / 100	+5.0 pp vs world	24.3%	129 of 178 · highest-to-lowest	27.7 / 100	+5.9 pp vs world	-1.2%	47 of 178 · highest-to-lowest	74.0 / 100	-0.9 pp vs world	47.3%	128 of 178 · highest-to-lowest	28.2 / 100	+10.9 pp vs world
Monaco	1982	22.4%	105 of 178 · highest-to-lowest	41.2 / 100	+5.4 pp vs world	24.8%	122 of 178 · highest-to-lowest	31.6 / 100	+7.4 pp vs world	-2.4%	62 of 178 · highest-to-lowest	65.5 / 100	-2.0 pp vs world	47.1%	119 of 178 · highest-to-lowest	33.3 / 100	+12.8 pp vs world
Monaco	1983	23.4%	102 of 178 · highest-to-lowest	42.9 / 100	+7.0 pp vs world	23.5%	125 of 178 · highest-to-lowest	29.9 / 100	+6.8 pp vs world	-0.1%	52 of 178 · highest-to-lowest	71.2 / 100	+0.2 pp vs world	47.0%	120 of 178 · highest-to-lowest	32.8 / 100	+13.8 pp vs world
Monaco	1984	24.9%	104 of 178 · highest-to-lowest	41.8 / 100	+8.0 pp vs world	24.5%	120 of 178 · highest-to-lowest	32.8 / 100	+7.4 pp vs world	0.4%	57 of 178 · highest-to-lowest	68.4 / 100	+0.6 pp vs world	49.4%	119 of 178 · highest-to-lowest	33.3 / 100	+15.4 pp vs world
Monaco	1985	24.4%	106 of 178 · highest-to-lowest	40.7 / 100	+7.9 pp vs world	24.5%	124 of 178 · highest-to-lowest	30.5 / 100	+7.8 pp vs world	-0.1%	65 of 178 · highest-to-lowest	63.8 / 100	+0.1 pp vs world	48.9%	123 of 178 · highest-to-lowest	31.1 / 100	+15.7 pp vs world
Monaco	1986	21.4%	106 of 178 · highest-to-lowest	40.7 / 100	+5.5 pp vs world	21.1%	130 of 178 · highest-to-lowest	27.1 / 100	+5.1 pp vs world	0.3%	62 of 178 · highest-to-lowest	65.5 / 100	+0.5 pp vs world	42.5%	123 of 178 · highest-to-lowest	31.1 / 100	+10.6 pp vs world
Monaco	1987	20.6%	111 of 178 · highest-to-lowest	37.9 / 100	+4.1 pp vs world	21.4%	134 of 178 · highest-to-lowest	24.9 / 100	+4.8 pp vs world	-0.8%	74 of 178 · highest-to-lowest	58.8 / 100	-0.7 pp vs world	42.0%	129 of 178 · highest-to-lowest	27.7 / 100	+8.9 pp vs world
Monaco	1988	21.4%	112 of 178 · highest-to-lowest	37.3 / 100	+4.5 pp vs world	21.8%	137 of 178 · highest-to-lowest	23.2 / 100	+4.6 pp vs world	-0.4%	68 of 178 · highest-to-lowest	62.1 / 100	-0.2 pp vs world	43.2%	127 of 178 · highest-to-lowest	28.8 / 100	+9.1 pp vs world
Monaco	1989	22.8%	111 of 179 · highest-to-lowest	38.2 / 100	+5.3 pp vs world	23.2%	129 of 179 · highest-to-lowest	28.1 / 100	+5.4 pp vs world	-0.4%	68 of 179 · highest-to-lowest	62.4 / 100	-0.1 pp vs world	46.0%	126 of 179 · highest-to-lowest	29.8 / 100	+10.8 pp vs world
Monaco	1990	22.0%	135 of 206 · highest-to-lowest	34.6 / 100	+3.0 pp vs world	22.6%	159 of 206 · highest-to-lowest	22.9 / 100	+3.4 pp vs world	-0.6%	77 of 206 · highest-to-lowest	62.9 / 100	-0.4 pp vs world	44.6%	150 of 206 · highest-to-lowest	27.3 / 100	+6.5 pp vs world
Monaco	1991	22.4%	127 of 206 · highest-to-lowest	38.5 / 100	+3.8 pp vs world	22.5%	159 of 206 · highest-to-lowest	22.9 / 100	+3.9 pp vs world	-0.1%	68 of 206 · highest-to-lowest	67.3 / 100	-0.1 pp vs world	45.0%	146 of 206 · highest-to-lowest	29.3 / 100	+7.7 pp vs world
Monaco	1992	22.4%	128 of 206 · highest-to-lowest	38.0 / 100	+2.7 pp vs world	21.5%	162 of 206 · highest-to-lowest	21.5 / 100	+2.1 pp vs world	0.9%	64 of 206 · highest-to-lowest	69.3 / 100	+0.6 pp vs world	44.0%	155 of 206 · highest-to-lowest	24.9 / 100	+4.8 pp vs world
Monaco	1993	21.8%	132 of 206 · highest-to-lowest	36.1 / 100	+3.0 pp vs world	19.9%	171 of 206 · highest-to-lowest	17.1 / 100	+1.6 pp vs world	1.9%	55 of 206 · highest-to-lowest	73.7 / 100	+1.4 pp vs world	41.7%	163 of 206 · highest-to-lowest	21.0 / 100	+4.6 pp vs world
Monaco	1994	22.8%	138 of 206 · highest-to-lowest	33.2 / 100	+3.3 pp vs world	21.0%	171 of 206 · highest-to-lowest	17.1 / 100	+2.0 pp vs world	1.7%	62 of 206 · highest-to-lowest	70.2 / 100	+1.3 pp vs world	43.8%	162 of 206 · highest-to-lowest	21.5 / 100	+5.3 pp vs world
Monaco	1995	23.7%	133 of 206 · highest-to-lowest	35.6 / 100	+3.1 pp vs world	21.7%	174 of 206 · highest-to-lowest	15.6 / 100	+1.6 pp vs world	1.9%	50 of 206 · highest-to-lowest	76.1 / 100	+1.5 pp vs world	45.4%	163 of 206 · highest-to-lowest	21.0 / 100	+4.7 pp vs world
Monaco	1996	24.1%	134 of 206 · highest-to-lowest	35.1 / 100	+3.0 pp vs world	22.0%	173 of 206 · highest-to-lowest	16.1 / 100	+1.3 pp vs world	2.1%	53 of 206 · highest-to-lowest	74.6 / 100	+1.7 pp vs world	46.1%	163 of 206 · highest-to-lowest	21.0 / 100	+4.3 pp vs world
Monaco	1997	26.6%	123 of 206 · highest-to-lowest	40.5 / 100	+4.6 pp vs world	23.2%	166 of 206 · highest-to-lowest	19.5 / 100	+1.7 pp vs world	3.5%	41 of 206 · highest-to-lowest	80.5 / 100	+2.9 pp vs world	49.8%	154 of 206 · highest-to-lowest	25.4 / 100	+6.3 pp vs world
Monaco	1998	27.3%	118 of 206 · highest-to-lowest	42.9 / 100	+5.4 pp vs world	24.2%	165 of 206 · highest-to-lowest	20.0 / 100	+2.7 pp vs world	3.1%	32 of 206 · highest-to-lowest	84.9 / 100	+2.7 pp vs world	51.4%	150 of 206 · highest-to-lowest	27.3 / 100	+8.2 pp vs world
Monaco	1999	27.2%	122 of 206 · highest-to-lowest	41.0 / 100	+5.4 pp vs world	24.5%	164 of 206 · highest-to-lowest	20.5 / 100	+2.9 pp vs world	2.7%	54 of 206 · highest-to-lowest	74.1 / 100	+2.5 pp vs world	51.7%	151 of 206 · highest-to-lowest	26.8 / 100	+8.2 pp vs world
Monaco	2000	29.8%	122 of 206 · highest-to-lowest	41.0 / 100	+6.2 pp vs world	28.0%	155 of 206 · highest-to-lowest	24.9 / 100	+4.6 pp vs world	1.7%	62 of 206 · highest-to-lowest	70.2 / 100	+1.6 pp vs world	57.8%	151 of 206 · highest-to-lowest	26.8 / 100	+10.8 pp vs world
Monaco	2001	29.4%	119 of 206 · highest-to-lowest	42.4 / 100	+6.5 pp vs world	27.5%	160 of 206 · highest-to-lowest	22.4 / 100	+4.5 pp vs world	2.0%	58 of 206 · highest-to-lowest	72.2 / 100	+2.0 pp vs world	56.9%	149 of 206 · highest-to-lowest	27.8 / 100	+11.0 pp vs world
Monaco	2002	28.7%	123 of 206 · highest-to-lowest	40.5 / 100	+5.5 pp vs world	26.4%	159 of 206 · highest-to-lowest	22.9 / 100	+3.4 pp vs world	2.3%	63 of 206 · highest-to-lowest	69.8 / 100	+2.1 pp vs world	55.1%	149 of 206 · highest-to-lowest	27.8 / 100	+8.9 pp vs world
Monaco	2003	27.1%	127 of 206 · highest-to-lowest	38.5 / 100	+3.2 pp vs world	25.5%	167 of 206 · highest-to-lowest	19.0 / 100	+1.7 pp vs world	1.7%	65 of 206 · highest-to-lowest	68.8 / 100	+1.5 pp vs world	52.6%	154 of 206 · highest-to-lowest	25.4 / 100	+4.9 pp vs world
Monaco	2004	27.5%	137 of 206 · highest-to-lowest	33.7 / 100	+1.8 pp vs world	26.2%	169 of 206 · highest-to-lowest	18.0 / 100	+0.8 pp vs world	1.3%	66 of 206 · highest-to-lowest	68.3 / 100	+1.0 pp vs world	53.7%	162 of 206 · highest-to-lowest	21.5 / 100	+2.6 pp vs world
Monaco	2005	28.2%	138 of 208 · highest-to-lowest	33.8 / 100	+1.1 pp vs world	27.7%	165 of 208 · highest-to-lowest	20.8 / 100	+1.0 pp vs world	0.5%	72 of 208 · highest-to-lowest	65.7 / 100	+0.1 pp vs world	55.8%	160 of 208 · highest-to-lowest	23.2 / 100	+2.2 pp vs world
Monaco	2006	28.9%	138 of 208 · highest-to-lowest	33.8 / 100	+0.2 pp vs world	28.9%	161 of 208 · highest-to-lowest	22.7 / 100	+0.9 pp vs world	-0.0%	79 of 208 · highest-to-lowest	62.3 / 100	-0.7 pp vs world	57.9%	158 of 208 · highest-to-lowest	24.2 / 100	+1.1 pp vs world
Monaco	2007	28.9%	136 of 208 · highest-to-lowest	34.8 / 100	-0.7 pp vs world	29.3%	162 of 208 · highest-to-lowest	22.2 / 100	+0.4 pp vs world	-0.4%	75 of 208 · highest-to-lowest	64.3 / 100	-1.2 pp vs world	58.2%	159 of 208 · highest-to-lowest	23.7 / 100	-0.3 pp vs world
Monaco	2008	29.2%	137 of 210 · highest-to-lowest	34.9 / 100	-1.8 pp vs world	30.0%	166 of 210 · highest-to-lowest	21.1 / 100	-0.2 pp vs world	-0.8%	73 of 210 · highest-to-lowest	65.6 / 100	-1.5 pp vs world	59.2%	160 of 210 · highest-to-lowest	23.9 / 100	-2.0 pp vs world
Monaco	2009	25.9%	133 of 210 · highest-to-lowest	36.8 / 100	-0.4 pp vs world	26.3%	174 of 210 · highest-to-lowest	17.2 / 100	+0.7 pp vs world	-0.4%	74 of 210 · highest-to-lowest	65.1 / 100	-1.1 pp vs world	52.2%	162 of 210 · highest-to-lowest	23.0 / 100	+0.3 pp vs world
Monaco	2010	27.8%	136 of 210 · highest-to-lowest	35.4 / 100	-0.8 pp vs world	28.8%	164 of 210 · highest-to-lowest	22.0 / 100	+1.1 pp vs world	-0.9%	82 of 210 · highest-to-lowest	61.2 / 100	-1.9 pp vs world	56.6%	154 of 210 · highest-to-lowest	26.8 / 100	+0.4 pp vs world
Monaco	2011	29.5%	134 of 210 · highest-to-lowest	36.4 / 100	-0.8 pp vs world	31.1%	159 of 210 · highest-to-lowest	24.4 / 100	+1.6 pp vs world	-1.5%	91 of 210 · highest-to-lowest	56.9 / 100	-2.4 pp vs world	60.6%	154 of 210 · highest-to-lowest	26.8 / 100	+0.8 pp vs world
Monaco	2012	30.4%	124 of 210 · highest-to-lowest	41.1 / 100	+0.2 pp vs world	31.3%	156 of 210 · highest-to-lowest	25.8 / 100	+2.1 pp vs world	-0.9%	81 of 210 · highest-to-lowest	61.7 / 100	-1.9 pp vs world	61.7%	154 of 210 · highest-to-lowest	26.8 / 100	+2.3 pp vs world
Monaco	2013	30.6%	123 of 210 · highest-to-lowest	41.6 / 100	+0.5 pp vs world	31.2%	156 of 210 · highest-to-lowest	25.8 / 100	+2.1 pp vs world	-0.6%	78 of 210 · highest-to-lowest	63.2 / 100	-1.7 pp vs world	61.8%	147 of 210 · highest-to-lowest	30.1 / 100	+2.6 pp vs world
Monaco	2014	30.7%	126 of 210 · highest-to-lowest	40.2 / 100	+1.0 pp vs world	31.5%	155 of 210 · highest-to-lowest	26.3 / 100	+2.5 pp vs world	-0.7%	80 of 210 · highest-to-lowest	62.2 / 100	-1.5 pp vs world	62.2%	146 of 210 · highest-to-lowest	30.6 / 100	+3.5 pp vs world
Monaco	2015	31.7%	117 of 210 · highest-to-lowest	44.5 / 100	+3.6 pp vs world	31.8%	153 of 210 · highest-to-lowest	27.3 / 100	+4.3 pp vs world	-0.1%	74 of 210 · highest-to-lowest	65.1 / 100	-0.7 pp vs world	63.5%	135 of 210 · highest-to-lowest	35.9 / 100	+7.9 pp vs world
Monaco	2016	31.5%	115 of 210 · highest-to-lowest	45.5 / 100	+4.3 pp vs world	31.8%	148 of 210 · highest-to-lowest	29.7 / 100	+5.5 pp vs world	-0.3%	84 of 210 · highest-to-lowest	60.3 / 100	-1.1 pp vs world	63.3%	133 of 210 · highest-to-lowest	36.8 / 100	+9.8 pp vs world
Monaco	2017	32.3%	119 of 210 · highest-to-lowest	43.5 / 100	+4.2 pp vs world	33.1%	145 of 210 · highest-to-lowest	31.1 / 100	+5.7 pp vs world	-0.8%	91 of 210 · highest-to-lowest	56.9 / 100	-1.5 pp vs world	65.4%	133 of 210 · highest-to-lowest	36.8 / 100	+10.0 pp vs world
Monaco	2018	32.9%	123 of 210 · highest-to-lowest	41.6 / 100	+3.8 pp vs world	33.9%	144 of 210 · highest-to-lowest	31.6 / 100	+5.6 pp vs world	-1.0%	91 of 210 · highest-to-lowest	56.9 / 100	-1.8 pp vs world	66.8%	137 of 210 · highest-to-lowest	34.9 / 100	+9.5 pp vs world
Monaco	2019	32.9%	121 of 210 · highest-to-lowest	42.6 / 100	+4.8 pp vs world	33.5%	145 of 210 · highest-to-lowest	31.1 / 100	+6.0 pp vs world	-0.6%	95 of 210 · highest-to-lowest	55.0 / 100	-1.3 pp vs world	66.4%	132 of 210 · highest-to-lowest	37.3 / 100	+10.8 pp vs world
Monaco	2020	28.6%	119 of 210 · highest-to-lowest	43.5 / 100	+2.5 pp vs world	30.3%	147 of 210 · highest-to-lowest	30.1 / 100	+4.9 pp vs world	-1.7%	93 of 210 · highest-to-lowest	56.0 / 100	-2.4 pp vs world	58.8%	141 of 210 · highest-to-lowest	33.0 / 100	+7.3 pp vs world
Monaco	2021	31.3%	117 of 210 · highest-to-lowest	44.5 / 100	+2.6 pp vs world	32.5%	147 of 210 · highest-to-lowest	30.1 / 100	+4.9 pp vs world	-1.2%	93 of 210 · highest-to-lowest	56.0 / 100	-2.2 pp vs world	63.8%	135 of 210 · highest-to-lowest	35.9 / 100	+7.5 pp vs world
Monaco	2022	36.6%	117 of 210 · highest-to-lowest	44.5 / 100	+5.7 pp vs world	39.3%	131 of 210 · highest-to-lowest	37.8 / 100	+9.2 pp vs world	-2.7%	100 of 210 · highest-to-lowest	52.6 / 100	-3.5 pp vs world	76.0%	126 of 210 · highest-to-lowest	40.2 / 100	+14.9 pp vs world
Monaco	2023	34.5%	117 of 210 · highest-to-lowest	44.5 / 100	+5.4 pp vs world	36.2%	133 of 210 · highest-to-lowest	36.8 / 100	+7.8 pp vs world	-1.7%	101 of 210 · highest-to-lowest	52.2 / 100	-2.4 pp vs world	70.6%	131 of 210 · highest-to-lowest	37.8 / 100	+13.3 pp vs world
Monaco	2024	33.9%	116 of 210 · highest-to-lowest	45.0 / 100	+4.9 pp vs world	34.2%	139 of 210 · highest-to-lowest	34.0 / 100	+6.1 pp vs world	-0.3%	92 of 210 · highest-to-lowest	56.5 / 100	-1.2 pp vs world	68.1%	134 of 210 · highest-to-lowest	36.4 / 100	+11.0 pp vs world

Calculations created by Tesseron World Observatory, data from UNSD Analysis of Main Aggregates (2026-01-28_89ede278; source updated 2026-01-28T00:00:00).

Interpretation note

Trade openness is exports plus imports relative to GDP. Imports are positive in the source but subtracted in the expenditure identity.

Latest common comparison

Europe88.4%2024

Western Europe97.2%2024

World57.1%2024

08 · Industry mix and structural change

Which activities produce value, and how is the mix changing?

Six mutually exclusive activities show the production structure. Manufacturing remains nested inside its parent activity.

Full historical record

Structural change across six activities

Other activities is the largest current activity at 59.1%. Each activity shows change separately for 1970–1990, 1990–2010, and 2010–current.

AMA activity values measure gross value added, not sales, revenue, shipments, gross output, or physical production.

Agriculture, forestry and fishingUnavailable

1970–1990Unavailable1990–2010Unavailable2010–2024Unavailable

World specialization: Unavailable

Mining, manufacturing and utilities3.2%

1970–1990-0.0 pp1990–2010-0.3 pp2010–2024-2.6 pp

World specialization: 0.15×

Construction9.6%

1970–1990-0.0 pp1990–2010+0.4 pp2010–2024+2.5 pp

World specialization: 1.66×

Trade, restaurants and hotels22.0%

1970–1990+0.0 pp1990–2010-14.0 pp2010–2024-3.9 pp

World specialization: 1.52×

Transport, storage and communication6.1%

1970–1990-0.0 pp1990–2010+0.2 pp2010–2024-3.5 pp

World specialization: 0.62×

Other activities59.1%

1970–1990+0.0 pp1990–2010+13.7 pp2010–2024+7.5 pp

World specialization: 1.33×

Industry composition and economic scale

The 100% area view isolates changes in production mix. The current-dollar area view combines those shares with nominal GDP so the total height also shows the expansion or contraction of the economy.

Formation1970–1990

37.8% → 37.8%

Percentage-point change: +0.0 pp

Integration1990–2010

37.8% → 51.6%

Percentage-point change: +13.7 pp

Current era2010–2024

51.6% → 59.1%

Percentage-point change: +7.5 pp

How to read specialization

World specialization compares an activity's share of this country's gross value added with that activity's share of world gross value added. A result of 1.00× means the shares match; above 1.00× means the activity is relatively more prominent locally, while below 1.00× means it is relatively less prominent. It describes economic structure, not productivity or competitiveness.

Current specialization against world

Agriculture, forestry and fishingUnavailable

Mining, manufacturing and utilities0.15×

Construction1.66×

Trade, restaurants and hotels1.52×

Transport, storage and communication0.62×

Other activities1.33×

Industry mix, specialization and world comparison table55 annual rows

Annual shares for the six mutually exclusive broad industries, with world comparisons and ranks wherever comparable data exist. Annual rows cover the full 1970–2024 AMA record wherever the source publishes a value. World ranks run highest-to-lowest. The position index converts rank to a 0–100 scale: 100 is first and 0 is last; it is not a performance score. World comparison is either a world-equals-100 value index or a percentage-point gap, according to the measure.

Filter rows

From yearTo year

Showing 55 of 55 rows

Industry mix, specialization and world comparison table

Monaco	1970	Source observation unavailable	Not calculable without a source observation	Not calculable without a source observation	Comparable world observation unavailable	6.1%	159 of 178 · highest-to-lowest	10.7 / 100	-24.8 pp vs world	6.7%	73 of 178 · highest-to-lowest	59.3 / 100	+0.2 pp vs world	39.9%	3 of 177 · highest-to-lowest	98.9 / 100	+25.9 pp vs world	9.4%	39 of 177 · highest-to-lowest	78.4 / 100	+1.6 pp vs world	37.8%	31 of 178 · highest-to-lowest	83.1 / 100	+6.3 pp vs world
Monaco	1971	Source observation unavailable	Not calculable without a source observation	Not calculable without a source observation	Comparable world observation unavailable	6.1%	159 of 178 · highest-to-lowest	10.7 / 100	-24.4 pp vs world	6.7%	74 of 178 · highest-to-lowest	58.8 / 100	+0.1 pp vs world	39.9%	3 of 177 · highest-to-lowest	98.9 / 100	+25.8 pp vs world	9.4%	43 of 177 · highest-to-lowest	76.1 / 100	+1.6 pp vs world	37.8%	33 of 178 · highest-to-lowest	81.9 / 100	+5.8 pp vs world
Monaco	1972	Source observation unavailable	Not calculable without a source observation	Not calculable without a source observation	Comparable world observation unavailable	6.1%	160 of 178 · highest-to-lowest	10.2 / 100	-24.4 pp vs world	6.7%	76 of 178 · highest-to-lowest	57.6 / 100	-0.1 pp vs world	39.9%	3 of 177 · highest-to-lowest	98.9 / 100	+25.8 pp vs world	9.4%	36 of 177 · highest-to-lowest	80.1 / 100	+1.5 pp vs world	37.8%	32 of 178 · highest-to-lowest	82.5 / 100	+5.7 pp vs world
Monaco	1973	Source observation unavailable	Not calculable without a source observation	Not calculable without a source observation	Comparable world observation unavailable	6.1%	161 of 178 · highest-to-lowest	9.6 / 100	-24.8 pp vs world	6.7%	76 of 178 · highest-to-lowest	57.6 / 100	-0.1 pp vs world	39.9%	3 of 177 · highest-to-lowest	98.9 / 100	+25.9 pp vs world	9.4%	40 of 177 · highest-to-lowest	77.8 / 100	+1.7 pp vs world	37.8%	33 of 178 · highest-to-lowest	81.9 / 100	+6.2 pp vs world
Monaco	1974	Source observation unavailable	Not calculable without a source observation	Not calculable without a source observation	Comparable world observation unavailable	6.1%	162 of 178 · highest-to-lowest	9.0 / 100	-25.6 pp vs world	6.7%	76 of 178 · highest-to-lowest	57.6 / 100	+0.0 pp vs world	39.9%	3 of 177 · highest-to-lowest	98.9 / 100	+25.8 pp vs world	9.4%	38 of 177 · highest-to-lowest	79.0 / 100	+1.8 pp vs world	37.8%	31 of 178 · highest-to-lowest	83.1 / 100	+6.4 pp vs world
Monaco	1975	Source observation unavailable	Not calculable without a source observation	Not calculable without a source observation	Comparable world observation unavailable	6.1%	162 of 178 · highest-to-lowest	9.0 / 100	-24.6 pp vs world	6.7%	80 of 178 · highest-to-lowest	55.4 / 100	-0.1 pp vs world	39.9%	3 of 177 · highest-to-lowest	98.9 / 100	+25.8 pp vs world	9.4%	38 of 177 · highest-to-lowest	79.0 / 100	+1.8 pp vs world	37.8%	37 of 178 · highest-to-lowest	79.7 / 100	+5.3 pp vs world
Monaco	1976	Source observation unavailable	Not calculable without a source observation	Not calculable without a source observation	Comparable world observation unavailable	6.1%	159 of 178 · highest-to-lowest	10.7 / 100	-24.8 pp vs world	6.7%	81 of 178 · highest-to-lowest	54.8 / 100	-0.1 pp vs world	39.9%	2 of 177 · highest-to-lowest	99.4 / 100	+25.7 pp vs world	9.4%	39 of 177 · highest-to-lowest	78.4 / 100	+1.7 pp vs world	37.8%	37 of 178 · highest-to-lowest	79.7 / 100	+5.3 pp vs world
Monaco	1977	Source observation unavailable	Not calculable without a source observation	Not calculable without a source observation	Comparable world observation unavailable	6.1%	159 of 178 · highest-to-lowest	10.7 / 100	-24.7 pp vs world	6.7%	82 of 178 · highest-to-lowest	54.2 / 100	-0.0 pp vs world	39.9%	2 of 177 · highest-to-lowest	99.4 / 100	+25.7 pp vs world	9.4%	38 of 177 · highest-to-lowest	79.0 / 100	+1.5 pp vs world	37.8%	34 of 178 · highest-to-lowest	81.4 / 100	+5.1 pp vs world
Monaco	1978	Source observation unavailable	Not calculable without a source observation	Not calculable without a source observation	Comparable world observation unavailable	6.1%	158 of 178 · highest-to-lowest	11.3 / 100	-24.4 pp vs world	6.7%	80 of 178 · highest-to-lowest	55.4 / 100	-0.1 pp vs world	39.9%	3 of 177 · highest-to-lowest	98.9 / 100	+25.6 pp vs world	9.4%	41 of 177 · highest-to-lowest	77.3 / 100	+1.5 pp vs world	37.8%	37 of 178 · highest-to-lowest	79.7 / 100	+4.8 pp vs world
Monaco	1979	Source observation unavailable	Not calculable without a source observation	Not calculable without a source observation	Comparable world observation unavailable	6.1%	160 of 178 · highest-to-lowest	10.2 / 100	-24.7 pp vs world	6.7%	81 of 178 · highest-to-lowest	54.8 / 100	-0.1 pp vs world	39.9%	3 of 177 · highest-to-lowest	98.9 / 100	+25.7 pp vs world	9.4%	39 of 177 · highest-to-lowest	78.4 / 100	+1.6 pp vs world	37.8%	39 of 178 · highest-to-lowest	78.5 / 100	+4.7 pp vs world
Monaco	1980	Source observation unavailable	Not calculable without a source observation	Not calculable without a source observation	Comparable world observation unavailable	6.1%	160 of 178 · highest-to-lowest	10.2 / 100	-25.0 pp vs world	6.7%	83 of 178 · highest-to-lowest	53.7 / 100	+0.0 pp vs world	39.9%	3 of 177 · highest-to-lowest	98.9 / 100	+25.7 pp vs world	9.4%	38 of 177 · highest-to-lowest	79.0 / 100	+1.7 pp vs world	37.8%	42 of 178 · highest-to-lowest	76.8 / 100	+4.2 pp vs world
Monaco	1981	Source observation unavailable	Not calculable without a source observation	Not calculable without a source observation	Comparable world observation unavailable	6.1%	162 of 178 · highest-to-lowest	9.0 / 100	-24.5 pp vs world	6.7%	77 of 178 · highest-to-lowest	57.1 / 100	+0.2 pp vs world	39.9%	2 of 177 · highest-to-lowest	99.4 / 100	+25.6 pp vs world	9.4%	46 of 177 · highest-to-lowest	74.4 / 100	+1.6 pp vs world	37.8%	45 of 178 · highest-to-lowest	75.1 / 100	+3.6 pp vs world
Monaco	1982	Source observation unavailable	Not calculable without a source observation	Not calculable without a source observation	Comparable world observation unavailable	6.1%	162 of 178 · highest-to-lowest	9.0 / 100	-23.7 pp vs world	6.7%	71 of 178 · highest-to-lowest	60.5 / 100	+0.5 pp vs world	39.9%	3 of 177 · highest-to-lowest	98.9 / 100	+25.7 pp vs world	9.4%	44 of 177 · highest-to-lowest	75.6 / 100	+1.6 pp vs world	37.8%	49 of 178 · highest-to-lowest	72.9 / 100	+2.6 pp vs world
Monaco	1983	Source observation unavailable	Not calculable without a source observation	Not calculable without a source observation	Comparable world observation unavailable	6.1%	163 of 178 · highest-to-lowest	8.5 / 100	-23.3 pp vs world	6.7%	60 of 178 · highest-to-lowest	66.7 / 100	+0.7 pp vs world	39.9%	3 of 177 · highest-to-lowest	98.9 / 100	+25.6 pp vs world	9.4%	47 of 177 · highest-to-lowest	73.9 / 100	+1.5 pp vs world	37.8%	50 of 178 · highest-to-lowest	72.3 / 100	+2.0 pp vs world
Monaco	1984	Source observation unavailable	Not calculable without a source observation	Not calculable without a source observation	Comparable world observation unavailable	6.1%	163 of 178 · highest-to-lowest	8.5 / 100	-23.1 pp vs world	6.7%	58 of 178 · highest-to-lowest	67.8 / 100	+0.9 pp vs world	39.9%	3 of 177 · highest-to-lowest	98.9 / 100	+25.4 pp vs world	9.4%	44 of 177 · highest-to-lowest	75.6 / 100	+1.4 pp vs world	37.8%	52 of 178 · highest-to-lowest	71.2 / 100	+1.9 pp vs world
Monaco	1985	Source observation unavailable	Not calculable without a source observation	Not calculable without a source observation	Comparable world observation unavailable	6.1%	163 of 178 · highest-to-lowest	8.5 / 100	-22.7 pp vs world	6.7%	58 of 178 · highest-to-lowest	67.8 / 100	+1.0 pp vs world	39.9%	3 of 177 · highest-to-lowest	98.9 / 100	+25.2 pp vs world	9.4%	42 of 177 · highest-to-lowest	76.7 / 100	+1.4 pp vs world	37.8%	51 of 178 · highest-to-lowest	71.8 / 100	+1.2 pp vs world
Monaco	1986	Source observation unavailable	Not calculable without a source observation	Not calculable without a source observation	Comparable world observation unavailable	6.1%	165 of 178 · highest-to-lowest	7.3 / 100	-21.6 pp vs world	6.7%	59 of 178 · highest-to-lowest	67.2 / 100	+0.7 pp vs world	39.9%	3 of 177 · highest-to-lowest	98.9 / 100	+25.2 pp vs world	9.4%	48 of 177 · highest-to-lowest	73.3 / 100	+1.3 pp vs world	37.8%	51 of 178 · highest-to-lowest	71.8 / 100	-0.0 pp vs world
Monaco	1987	Source observation unavailable	Not calculable without a source observation	Not calculable without a source observation	Comparable world observation unavailable	6.1%	163 of 178 · highest-to-lowest	8.5 / 100	-21.3 pp vs world	6.7%	53 of 178 · highest-to-lowest	70.6 / 100	+0.6 pp vs world	39.9%	3 of 177 · highest-to-lowest	98.9 / 100	+25.3 pp vs world	9.4%	51 of 177 · highest-to-lowest	71.6 / 100	+1.3 pp vs world	37.8%	52 of 178 · highest-to-lowest	71.2 / 100	-0.7 pp vs world
Monaco	1988	Source observation unavailable	Not calculable without a source observation	Not calculable without a source observation	Comparable world observation unavailable	6.1%	164 of 178 · highest-to-lowest	7.9 / 100	-21.1 pp vs world	6.7%	53 of 178 · highest-to-lowest	70.6 / 100	+0.5 pp vs world	39.9%	3 of 177 · highest-to-lowest	98.9 / 100	+25.3 pp vs world	9.4%	54 of 177 · highest-to-lowest	69.9 / 100	+1.3 pp vs world	37.8%	54 of 178 · highest-to-lowest	70.1 / 100	-0.8 pp vs world
Monaco	1989	Source observation unavailable	Not calculable without a source observation	Not calculable without a source observation	Comparable world observation unavailable	6.1%	165 of 179 · highest-to-lowest	7.9 / 100	-20.7 pp vs world	6.7%	53 of 179 · highest-to-lowest	70.8 / 100	+0.5 pp vs world	39.9%	4 of 178 · highest-to-lowest	98.3 / 100	+25.4 pp vs world	9.4%	49 of 178 · highest-to-lowest	72.9 / 100	+1.4 pp vs world	37.8%	53 of 179 · highest-to-lowest	70.8 / 100	-1.3 pp vs world
Monaco	1990	Source observation unavailable	Not calculable without a source observation	Not calculable without a source observation	Comparable world observation unavailable	6.1%	192 of 206 · highest-to-lowest	6.8 / 100	-20.4 pp vs world	6.7%	69 of 206 · highest-to-lowest	66.8 / 100	+0.5 pp vs world	39.9%	4 of 205 · highest-to-lowest	98.5 / 100	+25.5 pp vs world	9.4%	57 of 205 · highest-to-lowest	72.5 / 100	+1.3 pp vs world	37.8%	52 of 206 · highest-to-lowest	75.1 / 100	-1.7 pp vs world
Monaco	1991	Source observation unavailable	Not calculable without a source observation	Not calculable without a source observation	Comparable world observation unavailable	6.1%	194 of 206 · highest-to-lowest	5.9 / 100	-19.9 pp vs world	6.7%	62 of 206 · highest-to-lowest	70.2 / 100	+0.6 pp vs world	39.9%	3 of 205 · highest-to-lowest	99.0 / 100	+25.0 pp vs world	9.4%	62 of 205 · highest-to-lowest	70.1 / 100	+1.2 pp vs world	37.8%	60 of 206 · highest-to-lowest	71.2 / 100	-2.3 pp vs world
Monaco	1992	Source observation unavailable	Not calculable without a source observation	Not calculable without a source observation	Comparable world observation unavailable	6.1%	193 of 206 · highest-to-lowest	6.3 / 100	-19.2 pp vs world	6.7%	58 of 206 · highest-to-lowest	72.2 / 100	+0.8 pp vs world	39.9%	3 of 205 · highest-to-lowest	99.0 / 100	+24.6 pp vs world	9.4%	63 of 205 · highest-to-lowest	69.6 / 100	+1.2 pp vs world	37.8%	64 of 206 · highest-to-lowest	69.3 / 100	-3.2 pp vs world
Monaco	1993	Source observation unavailable	Not calculable without a source observation	Not calculable without a source observation	Comparable world observation unavailable	6.1%	193 of 206 · highest-to-lowest	6.3 / 100	-18.6 pp vs world	6.7%	59 of 206 · highest-to-lowest	71.7 / 100	+0.7 pp vs world	39.9%	3 of 205 · highest-to-lowest	99.0 / 100	+24.9 pp vs world	9.4%	65 of 205 · highest-to-lowest	68.6 / 100	+1.1 pp vs world	37.8%	67 of 206 · highest-to-lowest	67.8 / 100	-3.9 pp vs world
Monaco	1994	Source observation unavailable	Not calculable without a source observation	Not calculable without a source observation	Comparable world observation unavailable	6.1%	195 of 206 · highest-to-lowest	5.4 / 100	-18.4 pp vs world	6.7%	64 of 206 · highest-to-lowest	69.3 / 100	+0.7 pp vs world	39.9%	4 of 205 · highest-to-lowest	98.5 / 100	+24.7 pp vs world	9.4%	64 of 205 · highest-to-lowest	69.1 / 100	+1.0 pp vs world	37.8%	65 of 206 · highest-to-lowest	68.8 / 100	-3.3 pp vs world
Monaco	1995	Source observation unavailable	Not calculable without a source observation	Not calculable without a source observation	Comparable world observation unavailable	6.1%	191 of 206 · highest-to-lowest	7.3 / 100	-18.4 pp vs world	6.7%	56 of 206 · highest-to-lowest	73.2 / 100	+0.9 pp vs world	39.9%	3 of 205 · highest-to-lowest	99.0 / 100	+24.8 pp vs world	9.4%	63 of 205 · highest-to-lowest	69.6 / 100	+0.9 pp vs world	37.8%	69 of 206 · highest-to-lowest	66.8 / 100	-4.2 pp vs world
Monaco	1996	Source observation unavailable	Not calculable without a source observation	Not calculable without a source observation	Comparable world observation unavailable	6.1%	192 of 206 · highest-to-lowest	6.8 / 100	-18.2 pp vs world	6.7%	62 of 206 · highest-to-lowest	70.2 / 100	+1.0 pp vs world	39.9%	4 of 205 · highest-to-lowest	98.5 / 100	+25.0 pp vs world	9.4%	64 of 205 · highest-to-lowest	69.1 / 100	+0.9 pp vs world	37.8%	71 of 206 · highest-to-lowest	65.9 / 100	-4.6 pp vs world
Monaco	1997	Source observation unavailable	Not calculable without a source observation	Not calculable without a source observation	Comparable world observation unavailable	6.1%	193 of 206 · highest-to-lowest	6.3 / 100	-17.9 pp vs world	6.7%	61 of 206 · highest-to-lowest	70.7 / 100	+1.2 pp vs world	39.9%	3 of 205 · highest-to-lowest	99.0 / 100	+24.9 pp vs world	9.4%	67 of 205 · highest-to-lowest	67.6 / 100	+0.8 pp vs world	37.8%	69 of 206 · highest-to-lowest	66.8 / 100	-5.0 pp vs world
Monaco	1998	Source observation unavailable	Not calculable without a source observation	Not calculable without a source observation	Comparable world observation unavailable	6.1%	192 of 206 · highest-to-lowest	6.8 / 100	-17.0 pp vs world	6.7%	62 of 206 · highest-to-lowest	70.2 / 100	+1.2 pp vs world	39.9%	2 of 205 · highest-to-lowest	99.5 / 100	+24.8 pp vs world	9.4%	74 of 205 · highest-to-lowest	64.2 / 100	+0.4 pp vs world	37.8%	76 of 206 · highest-to-lowest	63.4 / 100	-5.6 pp vs world
Monaco	1999	Source observation unavailable	Not calculable without a source observation	Not calculable without a source observation	Comparable world observation unavailable	6.1%	194 of 206 · highest-to-lowest	5.9 / 100	-17.0 pp vs world	6.7%	58 of 206 · highest-to-lowest	72.2 / 100	+1.2 pp vs world	39.9%	2 of 205 · highest-to-lowest	99.5 / 100	+24.8 pp vs world	9.4%	75 of 205 · highest-to-lowest	63.7 / 100	+0.3 pp vs world	37.9%	74 of 206 · highest-to-lowest	64.4 / 100	-5.8 pp vs world
Monaco	2000	Source observation unavailable	Not calculable without a source observation	Not calculable without a source observation	Comparable world observation unavailable	6.1%	191 of 206 · highest-to-lowest	7.3 / 100	-17.4 pp vs world	6.7%	52 of 206 · highest-to-lowest	75.1 / 100	+1.3 pp vs world	39.9%	2 of 205 · highest-to-lowest	99.5 / 100	+24.9 pp vs world	9.5%	78 of 205 · highest-to-lowest	62.3 / 100	+0.4 pp vs world	37.8%	74 of 206 · highest-to-lowest	64.4 / 100	-5.8 pp vs world
Monaco	2001	Source observation unavailable	Not calculable without a source observation	Not calculable without a source observation	Comparable world observation unavailable	6.1%	191 of 206 · highest-to-lowest	7.3 / 100	-16.4 pp vs world	6.7%	47 of 206 · highest-to-lowest	77.6 / 100	+1.4 pp vs world	39.9%	2 of 205 · highest-to-lowest	99.5 / 100	+25.0 pp vs world	9.4%	87 of 205 · highest-to-lowest	57.8 / 100	+0.2 pp vs world	37.8%	77 of 206 · highest-to-lowest	62.9 / 100	-6.7 pp vs world
Monaco	2002	Source observation unavailable	Not calculable without a source observation	Not calculable without a source observation	Comparable world observation unavailable	6.0%	194 of 206 · highest-to-lowest	5.9 / 100	-16.1 pp vs world	6.6%	55 of 206 · highest-to-lowest	73.7 / 100	+1.4 pp vs world	39.9%	1 of 205 · highest-to-lowest	100.0 / 100	+25.0 pp vs world	9.4%	90 of 205 · highest-to-lowest	56.4 / 100	+0.1 pp vs world	38.0%	76 of 206 · highest-to-lowest	63.4 / 100	-7.0 pp vs world
Monaco	2003	Source observation unavailable	Not calculable without a source observation	Not calculable without a source observation	Comparable world observation unavailable	6.2%	193 of 206 · highest-to-lowest	6.3 / 100	-15.9 pp vs world	6.8%	53 of 206 · highest-to-lowest	74.6 / 100	+1.4 pp vs world	39.9%	1 of 205 · highest-to-lowest	100.0 / 100	+25.1 pp vs world	9.5%	89 of 205 · highest-to-lowest	56.9 / 100	+0.3 pp vs world	37.6%	81 of 206 · highest-to-lowest	61.0 / 100	-7.5 pp vs world
Monaco	2004	Source observation unavailable	Not calculable without a source observation	Not calculable without a source observation	Comparable world observation unavailable	6.1%	191 of 206 · highest-to-lowest	7.3 / 100	-16.5 pp vs world	6.7%	57 of 206 · highest-to-lowest	72.7 / 100	+1.3 pp vs world	40.0%	1 of 205 · highest-to-lowest	100.0 / 100	+25.4 pp vs world	9.3%	95 of 205 · highest-to-lowest	53.9 / 100	-0.2 pp vs world	37.8%	79 of 206 · highest-to-lowest	62.0 / 100	-6.5 pp vs world
Monaco	2005	Source observation unavailable	Not calculable without a source observation	Not calculable without a source observation	Comparable world observation unavailable	5.8%	195 of 208 · highest-to-lowest	6.3 / 100	-17.3 pp vs world	6.4%	72 of 208 · highest-to-lowest	65.7 / 100	+0.9 pp vs world	39.8%	1 of 207 · highest-to-lowest	100.0 / 100	+25.3 pp vs world	9.3%	98 of 207 · highest-to-lowest	52.9 / 100	-0.0 pp vs world	38.6%	77 of 208 · highest-to-lowest	63.3 / 100	-5.5 pp vs world
Monaco	2006	Source observation unavailable	Not calculable without a source observation	Not calculable without a source observation	Comparable world observation unavailable	6.8%	189 of 208 · highest-to-lowest	9.2 / 100	-16.7 pp vs world	7.2%	63 of 208 · highest-to-lowest	70.0 / 100	+1.5 pp vs world	39.8%	1 of 207 · highest-to-lowest	100.0 / 100	+25.4 pp vs world	9.9%	77 of 207 · highest-to-lowest	63.1 / 100	+0.7 pp vs world	36.3%	90 of 208 · highest-to-lowest	57.0 / 100	-7.6 pp vs world
Monaco	2007	Source observation unavailable	Not calculable without a source observation	Not calculable without a source observation	Comparable world observation unavailable	5.7%	193 of 208 · highest-to-lowest	7.2 / 100	-17.8 pp vs world	6.6%	79 of 208 · highest-to-lowest	62.3 / 100	+0.8 pp vs world	40.5%	2 of 207 · highest-to-lowest	99.5 / 100	+26.2 pp vs world	8.8%	113 of 207 · highest-to-lowest	45.6 / 100	-0.6 pp vs world	38.5%	80 of 208 · highest-to-lowest	61.8 / 100	-5.1 pp vs world
Monaco	2008	Source observation unavailable	Not calculable without a source observation	Not calculable without a source observation	Comparable world observation unavailable	4.8%	200 of 210 · highest-to-lowest	4.8 / 100	-19.3 pp vs world	5.6%	125 of 210 · highest-to-lowest	40.7 / 100	-0.1 pp vs world	39.2%	2 of 209 · highest-to-lowest	99.5 / 100	+25.0 pp vs world	9.3%	96 of 209 · highest-to-lowest	54.3 / 100	+0.0 pp vs world	41.2%	63 of 210 · highest-to-lowest	70.3 / 100	-1.9 pp vs world
Monaco	2009	Source observation unavailable	Not calculable without a source observation	Not calculable without a source observation	Comparable world observation unavailable	4.8%	200 of 210 · highest-to-lowest	4.8 / 100	-17.5 pp vs world	6.4%	86 of 210 · highest-to-lowest	59.3 / 100	+0.9 pp vs world	40.1%	1 of 209 · highest-to-lowest	100.0 / 100	+26.0 pp vs world	9.9%	75 of 209 · highest-to-lowest	64.4 / 100	+0.6 pp vs world	38.8%	89 of 210 · highest-to-lowest	57.9 / 100	-6.2 pp vs world
Monaco	2010	Source observation unavailable	Not calculable without a source observation	Not calculable without a source observation	Comparable world observation unavailable	5.8%	196 of 210 · highest-to-lowest	6.7 / 100	-17.8 pp vs world	7.1%	54 of 210 · highest-to-lowest	74.6 / 100	+1.7 pp vs world	25.9%	13 of 209 · highest-to-lowest	94.2 / 100	+11.9 pp vs world	9.6%	89 of 209 · highest-to-lowest	57.7 / 100	+0.5 pp vs world	51.6%	23 of 210 · highest-to-lowest	89.5 / 100	+7.7 pp vs world
Monaco	2011	Source observation unavailable	Not calculable without a source observation	Not calculable without a source observation	Comparable world observation unavailable	6.2%	194 of 210 · highest-to-lowest	7.7 / 100	-18.1 pp vs world	6.6%	66 of 210 · highest-to-lowest	68.9 / 100	+1.2 pp vs world	24.5%	17 of 209 · highest-to-lowest	92.3 / 100	+10.5 pp vs world	9.9%	69 of 209 · highest-to-lowest	67.3 / 100	+1.0 pp vs world	52.8%	22 of 210 · highest-to-lowest	90.0 / 100	+9.6 pp vs world
Monaco	2012	Source observation unavailable	Not calculable without a source observation	Not calculable without a source observation	Comparable world observation unavailable	5.7%	197 of 210 · highest-to-lowest	6.2 / 100	-18.5 pp vs world	7.3%	54 of 210 · highest-to-lowest	74.6 / 100	+1.8 pp vs world	22.5%	24 of 209 · highest-to-lowest	88.9 / 100	+8.4 pp vs world	9.5%	86 of 209 · highest-to-lowest	59.1 / 100	+0.6 pp vs world	55.1%	16 of 210 · highest-to-lowest	92.8 / 100	+11.9 pp vs world
Monaco	2013	Source observation unavailable	Not calculable without a source observation	Not calculable without a source observation	Comparable world observation unavailable	6.3%	192 of 210 · highest-to-lowest	8.6 / 100	-17.5 pp vs world	7.7%	50 of 210 · highest-to-lowest	76.6 / 100	+2.2 pp vs world	22.7%	28 of 209 · highest-to-lowest	87.0 / 100	+8.6 pp vs world	8.9%	107 of 209 · highest-to-lowest	49.0 / 100	-0.1 pp vs world	54.5%	18 of 210 · highest-to-lowest	91.9 / 100	+11.2 pp vs world
Monaco	2014	Source observation unavailable	Not calculable without a source observation	Not calculable without a source observation	Comparable world observation unavailable	4.8%	197 of 210 · highest-to-lowest	6.2 / 100	-18.5 pp vs world	7.8%	51 of 210 · highest-to-lowest	76.1 / 100	+2.2 pp vs world	22.3%	30 of 209 · highest-to-lowest	86.1 / 100	+8.2 pp vs world	8.2%	128 of 209 · highest-to-lowest	38.9 / 100	-0.8 pp vs world	56.9%	12 of 210 · highest-to-lowest	94.7 / 100	+13.3 pp vs world
Monaco	2015	Source observation unavailable	Not calculable without a source observation	Not calculable without a source observation	Comparable world observation unavailable	4.9%	197 of 210 · highest-to-lowest	6.2 / 100	-17.5 pp vs world	12.7%	11 of 210 · highest-to-lowest	95.2 / 100	+7.2 pp vs world	22.1%	33 of 209 · highest-to-lowest	84.6 / 100	+7.9 pp vs world	8.0%	140 of 209 · highest-to-lowest	33.2 / 100	-1.2 pp vs world	52.3%	25 of 210 · highest-to-lowest	88.5 / 100	+8.0 pp vs world
Monaco	2016	Source observation unavailable	Not calculable without a source observation	Not calculable without a source observation	Comparable world observation unavailable	3.9%	201 of 210 · highest-to-lowest	4.3 / 100	-17.8 pp vs world	14.3%	10 of 210 · highest-to-lowest	95.7 / 100	+8.7 pp vs world	20.8%	38 of 209 · highest-to-lowest	82.2 / 100	+6.5 pp vs world	7.9%	138 of 209 · highest-to-lowest	34.1 / 100	-1.3 pp vs world	53.0%	23 of 210 · highest-to-lowest	89.5 / 100	+8.2 pp vs world
Monaco	2017	Source observation unavailable	Not calculable without a source observation	Not calculable without a source observation	Comparable world observation unavailable	4.1%	200 of 210 · highest-to-lowest	4.8 / 100	-17.9 pp vs world	8.7%	32 of 210 · highest-to-lowest	85.2 / 100	+3.0 pp vs world	22.7%	29 of 209 · highest-to-lowest	86.5 / 100	+8.3 pp vs world	9.2%	106 of 209 · highest-to-lowest	49.5 / 100	-0.1 pp vs world	55.3%	16 of 210 · highest-to-lowest	92.8 / 100	+11.0 pp vs world
Monaco	2018	Source observation unavailable	Not calculable without a source observation	Not calculable without a source observation	Comparable world observation unavailable	3.7%	202 of 210 · highest-to-lowest	3.8 / 100	-18.8 pp vs world	9.5%	30 of 210 · highest-to-lowest	86.1 / 100	+3.7 pp vs world	23.2%	27 of 209 · highest-to-lowest	87.5 / 100	+9.0 pp vs world	8.6%	118 of 209 · highest-to-lowest	43.8 / 100	-0.7 pp vs world	55.1%	18 of 210 · highest-to-lowest	91.9 / 100	+10.8 pp vs world
Monaco	2019	Source observation unavailable	Not calculable without a source observation	Not calculable without a source observation	Comparable world observation unavailable	3.1%	205 of 210 · highest-to-lowest	2.4 / 100	-18.6 pp vs world	10.0%	27 of 210 · highest-to-lowest	87.6 / 100	+4.2 pp vs world	23.0%	28 of 210 · highest-to-lowest	87.1 / 100	+8.7 pp vs world	8.5%	120 of 210 · highest-to-lowest	43.1 / 100	-0.9 pp vs world	55.5%	16 of 210 · highest-to-lowest	92.8 / 100	+10.9 pp vs world
Monaco	2020	Source observation unavailable	Not calculable without a source observation	Not calculable without a source observation	Comparable world observation unavailable	3.2%	203 of 210 · highest-to-lowest	3.3 / 100	-17.8 pp vs world	11.7%	14 of 210 · highest-to-lowest	93.8 / 100	+5.9 pp vs world	17.1%	61 of 210 · highest-to-lowest	71.3 / 100	+3.3 pp vs world	7.9%	127 of 210 · highest-to-lowest	39.7 / 100	-1.4 pp vs world	60.1%	11 of 210 · highest-to-lowest	95.2 / 100	+14.5 pp vs world
Monaco	2021	Source observation unavailable	Not calculable without a source observation	Not calculable without a source observation	Comparable world observation unavailable	3.4%	202 of 210 · highest-to-lowest	3.8 / 100	-18.9 pp vs world	9.1%	29 of 210 · highest-to-lowest	86.6 / 100	+3.4 pp vs world	23.4%	23 of 210 · highest-to-lowest	89.5 / 100	+9.4 pp vs world	7.4%	138 of 210 · highest-to-lowest	34.4 / 100	-2.1 pp vs world	56.7%	18 of 210 · highest-to-lowest	91.9 / 100	+12.6 pp vs world
Monaco	2022	Source observation unavailable	Not calculable without a source observation	Not calculable without a source observation	Comparable world observation unavailable	3.4%	201 of 210 · highest-to-lowest	4.3 / 100	-19.4 pp vs world	8.9%	29 of 210 · highest-to-lowest	86.6 / 100	+3.2 pp vs world	25.2%	18 of 210 · highest-to-lowest	91.9 / 100	+10.9 pp vs world	7.2%	141 of 210 · highest-to-lowest	33.0 / 100	-2.3 pp vs world	55.4%	16 of 210 · highest-to-lowest	92.8 / 100	+12.2 pp vs world
Monaco	2023	Source observation unavailable	Not calculable without a source observation	Not calculable without a source observation	Comparable world observation unavailable	2.9%	203 of 210 · highest-to-lowest	3.3 / 100	-18.8 pp vs world	8.6%	34 of 210 · highest-to-lowest	84.2 / 100	+2.8 pp vs world	23.4%	26 of 210 · highest-to-lowest	88.0 / 100	+9.0 pp vs world	6.4%	159 of 210 · highest-to-lowest	24.4 / 100	-3.3 pp vs world	58.7%	9 of 210 · highest-to-lowest	96.2 / 100	+14.7 pp vs world
Monaco	2024	Source observation unavailable	Not calculable without a source observation	Not calculable without a source observation	Comparable world observation unavailable	3.2%	201 of 210 · highest-to-lowest	4.3 / 100	-17.9 pp vs world	9.6%	33 of 210 · highest-to-lowest	84.7 / 100	+3.8 pp vs world	22.0%	37 of 210 · highest-to-lowest	82.8 / 100	+7.5 pp vs world	6.1%	164 of 210 · highest-to-lowest	22.0 / 100	-3.7 pp vs world	59.1%	8 of 210 · highest-to-lowest	96.7 / 100	+14.6 pp vs world

Calculations created by Tesseron World Observatory, data from UNSD Analysis of Main Aggregates (2026-01-28_89ede278; source updated 2026-01-28T00:00:00).

09 · Manufacturing position

What role does manufacturing play at home and in the world?

Domestic share, its place inside the parent industry, real growth, specialization and world contribution are kept together.

Full historical record

Manufacturing in the economic structure

Manufacturing accounts for 3.2% of total gross value added in 2024. In 2024, Monaco was 12.4 percentage points below the world value.

Latest share: 3.2%
World specialization: 0.21×
Latest year: 2024

Formation1970–1990

6.1% → 6.1%

Percentage-point change: -0.0 pp

Integration1990–2010

6.1% → 5.8%

Percentage-point change: -0.3 pp

Current era2010–2024

5.8% → 3.2%

Percentage-point change: -2.6 pp

Share of total GVA3.2%2024 · Derived measure · World rank 184 of 210 · highest-to-lowest

Share within parent activity100.0%2024 · Derived measure · World rank 2 of 210 · highest-to-lowest

Real manufacturing growth20.4%2024 · Published series · World rank 7 of 210 · highest-to-lowest

Share of world manufacturing0.0%2024 · Derived measure · World rank 162 of 210 · highest-to-lowest

Manufacturing annual rates, ranks and specialization table55 annual rows

Manufacturing's annual structural, growth and world-position measures. Annual rows cover the full 1970–2024 AMA record wherever the source publishes a value. World ranks run highest-to-lowest. The position index converts rank to a 0–100 scale: 100 is first and 0 is last; it is not a performance score. World comparison is either a world-equals-100 value index or a percentage-point gap, according to the measure.

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Manufacturing annual rates, ranks and specialization table

Monaco	1970	6.1%	140 of 176 · highest-to-lowest	20.6 / 100	-19.8 pp vs world	100.0%	3 of 176 · highest-to-lowest	98.9 / 100	+15.9 pp vs world	Source observation unavailable	Not calculable without a source observation	Not calculable without a source observation	Comparable world observation unavailable	0.0%	131 of 176 · highest-to-lowest	25.7 / 100	-100.0 pp vs world
Monaco	1971	6.1%	139 of 176 · highest-to-lowest	21.1 / 100	-19.5 pp vs world	100.0%	3 of 176 · highest-to-lowest	98.9 / 100	+16.3 pp vs world	5.3%	82 of 176 · highest-to-lowest	53.7 / 100	+2.2 pp vs world	0.0%	133 of 176 · highest-to-lowest	24.6 / 100	-100.0 pp vs world
Monaco	1972	6.1%	137 of 176 · highest-to-lowest	22.3 / 100	-19.4 pp vs world	100.0%	3 of 176 · highest-to-lowest	98.9 / 100	+16.3 pp vs world	4.5%	105 of 176 · highest-to-lowest	40.6 / 100	-1.9 pp vs world	0.0%	131 of 176 · highest-to-lowest	25.7 / 100	-100.0 pp vs world
Monaco	1973	6.1%	139 of 176 · highest-to-lowest	21.1 / 100	-19.5 pp vs world	100.0%	3 of 176 · highest-to-lowest	98.9 / 100	+16.9 pp vs world	6.3%	99 of 176 · highest-to-lowest	44.0 / 100	-2.7 pp vs world	0.0%	130 of 176 · highest-to-lowest	26.3 / 100	-100.0 pp vs world
Monaco	1974	6.1%	139 of 176 · highest-to-lowest	21.1 / 100	-19.0 pp vs world	100.0%	3 of 176 · highest-to-lowest	98.9 / 100	+20.8 pp vs world	4.3%	103 of 176 · highest-to-lowest	41.7 / 100	+3.0 pp vs world	0.0%	132 of 176 · highest-to-lowest	25.1 / 100	-100.0 pp vs world
Monaco	1975	6.1%	139 of 176 · highest-to-lowest	21.1 / 100	-18.1 pp vs world	100.0%	3 of 176 · highest-to-lowest	98.9 / 100	+20.9 pp vs world	-1.0%	112 of 176 · highest-to-lowest	36.6 / 100	+1.9 pp vs world	0.0%	131 of 176 · highest-to-lowest	25.7 / 100	-100.0 pp vs world
Monaco	1976	6.1%	137 of 176 · highest-to-lowest	22.3 / 100	-18.2 pp vs world	100.0%	3 of 176 · highest-to-lowest	98.9 / 100	+21.2 pp vs world	4.4%	110 of 176 · highest-to-lowest	37.7 / 100	-2.8 pp vs world	0.0%	130 of 176 · highest-to-lowest	26.3 / 100	-100.0 pp vs world
Monaco	1977	6.1%	139 of 176 · highest-to-lowest	21.1 / 100	-18.0 pp vs world	100.0%	3 of 176 · highest-to-lowest	98.9 / 100	+21.6 pp vs world	3.5%	97 of 176 · highest-to-lowest	45.1 / 100	-0.4 pp vs world	0.0%	132 of 176 · highest-to-lowest	25.1 / 100	-100.0 pp vs world
Monaco	1978	6.1%	140 of 176 · highest-to-lowest	20.6 / 100	-18.0 pp vs world	100.0%	3 of 176 · highest-to-lowest	98.9 / 100	+21.0 pp vs world	4.0%	107 of 176 · highest-to-lowest	39.4 / 100	+0.5 pp vs world	0.0%	130 of 176 · highest-to-lowest	26.3 / 100	-100.0 pp vs world
Monaco	1979	6.1%	140 of 177 · highest-to-lowest	21.0 / 100	-17.7 pp vs world	100.0%	3 of 177 · highest-to-lowest	98.9 / 100	+22.8 pp vs world	3.5%	111 of 176 · highest-to-lowest	37.1 / 100	-0.6 pp vs world	0.0%	129 of 177 · highest-to-lowest	27.3 / 100	-100.0 pp vs world
Monaco	1980	6.1%	136 of 177 · highest-to-lowest	23.3 / 100	-16.8 pp vs world	100.0%	3 of 177 · highest-to-lowest	98.9 / 100	+26.4 pp vs world	1.6%	107 of 177 · highest-to-lowest	39.8 / 100	+1.3 pp vs world	0.0%	130 of 177 · highest-to-lowest	26.7 / 100	-100.0 pp vs world
Monaco	1981	6.1%	138 of 177 · highest-to-lowest	22.2 / 100	-16.4 pp vs world	100.0%	3 of 177 · highest-to-lowest	98.9 / 100	+26.6 pp vs world	1.1%	104 of 177 · highest-to-lowest	41.5 / 100	-0.2 pp vs world	0.0%	132 of 177 · highest-to-lowest	25.6 / 100	-100.0 pp vs world
Monaco	1982	6.1%	142 of 177 · highest-to-lowest	19.9 / 100	-16.0 pp vs world	100.0%	3 of 177 · highest-to-lowest	98.9 / 100	+25.9 pp vs world	2.5%	78 of 177 · highest-to-lowest	56.3 / 100	+4.2 pp vs world	0.0%	135 of 177 · highest-to-lowest	23.9 / 100	-100.0 pp vs world
Monaco	1983	6.1%	145 of 177 · highest-to-lowest	18.2 / 100	-15.6 pp vs world	100.0%	3 of 177 · highest-to-lowest	98.9 / 100	+26.0 pp vs world	1.2%	106 of 177 · highest-to-lowest	40.3 / 100	-0.6 pp vs world	0.0%	136 of 177 · highest-to-lowest	23.3 / 100	-100.0 pp vs world
Monaco	1984	6.1%	142 of 177 · highest-to-lowest	19.9 / 100	-15.7 pp vs world	100.0%	2 of 177 · highest-to-lowest	99.4 / 100	+25.4 pp vs world	1.5%	123 of 177 · highest-to-lowest	30.7 / 100	-3.9 pp vs world	0.0%	138 of 177 · highest-to-lowest	22.2 / 100	-100.0 pp vs world
Monaco	1985	6.1%	141 of 177 · highest-to-lowest	20.5 / 100	-15.6 pp vs world	100.0%	2 of 177 · highest-to-lowest	99.4 / 100	+24.4 pp vs world	1.6%	114 of 177 · highest-to-lowest	35.8 / 100	-2.7 pp vs world	0.0%	135 of 177 · highest-to-lowest	23.9 / 100	-100.0 pp vs world
Monaco	1986	6.1%	145 of 177 · highest-to-lowest	18.2 / 100	-15.8 pp vs world	100.0%	2 of 177 · highest-to-lowest	99.4 / 100	+20.8 pp vs world	2.3%	101 of 177 · highest-to-lowest	43.2 / 100	+0.3 pp vs world	0.0%	134 of 177 · highest-to-lowest	24.4 / 100	-100.0 pp vs world
Monaco	1987	6.1%	143 of 177 · highest-to-lowest	19.3 / 100	-15.6 pp vs world	100.0%	3 of 177 · highest-to-lowest	98.9 / 100	+20.6 pp vs world	2.6%	111 of 177 · highest-to-lowest	37.5 / 100	-2.0 pp vs world	0.0%	131 of 177 · highest-to-lowest	26.1 / 100	-100.0 pp vs world
Monaco	1988	6.1%	146 of 177 · highest-to-lowest	17.6 / 100	-15.7 pp vs world	100.0%	2 of 177 · highest-to-lowest	99.4 / 100	+19.9 pp vs world	4.7%	79 of 177 · highest-to-lowest	55.7 / 100	-1.0 pp vs world	0.0%	131 of 177 · highest-to-lowest	26.1 / 100	-100.0 pp vs world
Monaco	1989	6.1%	146 of 178 · highest-to-lowest	18.1 / 100	-15.3 pp vs world	100.0%	2 of 178 · highest-to-lowest	99.4 / 100	+20.2 pp vs world	4.3%	76 of 177 · highest-to-lowest	57.4 / 100	+1.6 pp vs world	0.0%	131 of 178 · highest-to-lowest	26.6 / 100	-100.0 pp vs world
Monaco	1990	6.1%	166 of 205 · highest-to-lowest	19.1 / 100	-14.7 pp vs world	100.0%	2 of 205 · highest-to-lowest	99.5 / 100	+21.6 pp vs world	2.9%	93 of 178 · highest-to-lowest	48.0 / 100	+1.7 pp vs world	0.0%	155 of 205 · highest-to-lowest	24.5 / 100	-100.0 pp vs world
Monaco	1991	6.1%	166 of 205 · highest-to-lowest	19.1 / 100	-14.4 pp vs world	100.0%	2 of 205 · highest-to-lowest	99.5 / 100	+21.3 pp vs world	1.0%	108 of 205 · highest-to-lowest	47.5 / 100	+1.0 pp vs world	0.0%	156 of 205 · highest-to-lowest	24.0 / 100	-100.0 pp vs world
Monaco	1992	6.1%	165 of 205 · highest-to-lowest	19.6 / 100	-13.7 pp vs world	100.0%	2 of 205 · highest-to-lowest	99.5 / 100	+21.7 pp vs world	1.6%	98 of 205 · highest-to-lowest	52.5 / 100	+2.1 pp vs world	0.0%	153 of 205 · highest-to-lowest	25.5 / 100	-100.0 pp vs world
Monaco	1993	6.1%	167 of 205 · highest-to-lowest	18.6 / 100	-13.0 pp vs world	100.0%	1 of 205 · highest-to-lowest	100.0 / 100	+22.5 pp vs world	-0.6%	116 of 205 · highest-to-lowest	43.6 / 100	+0.0 pp vs world	0.0%	152 of 205 · highest-to-lowest	26.0 / 100	-100.0 pp vs world
Monaco	1994	6.1%	168 of 205 · highest-to-lowest	18.1 / 100	-13.1 pp vs world	100.0%	1 of 205 · highest-to-lowest	100.0 / 100	+21.7 pp vs world	2.4%	117 of 205 · highest-to-lowest	43.1 / 100	-1.1 pp vs world	0.0%	148 of 205 · highest-to-lowest	27.9 / 100	-100.0 pp vs world
Monaco	1995	6.1%	166 of 205 · highest-to-lowest	19.1 / 100	-13.0 pp vs world	100.0%	1 of 205 · highest-to-lowest	100.0 / 100	+22.0 pp vs world	2.1%	140 of 205 · highest-to-lowest	31.9 / 100	-2.8 pp vs world	0.0%	148 of 205 · highest-to-lowest	27.9 / 100	-100.0 pp vs world
Monaco	1996	6.1%	168 of 205 · highest-to-lowest	18.1 / 100	-12.5 pp vs world	100.0%	1 of 205 · highest-to-lowest	100.0 / 100	+23.5 pp vs world	1.3%	133 of 205 · highest-to-lowest	35.3 / 100	-1.2 pp vs world	0.0%	148 of 205 · highest-to-lowest	27.9 / 100	-100.0 pp vs world
Monaco	1997	6.1%	171 of 205 · highest-to-lowest	16.7 / 100	-12.2 pp vs world	100.0%	1 of 205 · highest-to-lowest	100.0 / 100	+24.0 pp vs world	2.4%	141 of 205 · highest-to-lowest	31.4 / 100	-2.1 pp vs world	0.0%	151 of 205 · highest-to-lowest	26.5 / 100	-100.0 pp vs world
Monaco	1998	6.1%	169 of 205 · highest-to-lowest	17.6 / 100	-11.6 pp vs world	100.0%	1 of 205 · highest-to-lowest	100.0 / 100	+23.2 pp vs world	3.6%	91 of 205 · highest-to-lowest	55.9 / 100	+2.3 pp vs world	0.0%	150 of 205 · highest-to-lowest	27.0 / 100	-100.0 pp vs world
Monaco	1999	6.1%	166 of 205 · highest-to-lowest	19.1 / 100	-11.4 pp vs world	100.0%	1 of 205 · highest-to-lowest	100.0 / 100	+24.1 pp vs world	3.1%	99 of 205 · highest-to-lowest	52.0 / 100	-0.2 pp vs world	0.0%	148 of 205 · highest-to-lowest	27.9 / 100	-100.0 pp vs world
Monaco	2000	6.1%	162 of 205 · highest-to-lowest	21.1 / 100	-11.2 pp vs world	100.0%	2 of 205 · highest-to-lowest	99.5 / 100	+26.1 pp vs world	4.5%	115 of 205 · highest-to-lowest	44.1 / 100	-1.9 pp vs world	0.0%	152 of 205 · highest-to-lowest	26.0 / 100	-100.0 pp vs world
Monaco	2001	6.1%	166 of 205 · highest-to-lowest	19.1 / 100	-10.3 pp vs world	100.0%	1 of 205 · highest-to-lowest	100.0 / 100	+27.3 pp vs world	1.9%	114 of 205 · highest-to-lowest	44.6 / 100	+2.7 pp vs world	0.0%	155 of 205 · highest-to-lowest	24.5 / 100	-100.0 pp vs world
Monaco	2002	6.0%	168 of 205 · highest-to-lowest	18.1 / 100	-9.9 pp vs world	100.0%	1 of 205 · highest-to-lowest	100.0 / 100	+27.9 pp vs world	-0.3%	155 of 205 · highest-to-lowest	24.5 / 100	-1.3 pp vs world	0.0%	157 of 205 · highest-to-lowest	23.5 / 100	-100.0 pp vs world
Monaco	2003	6.2%	164 of 205 · highest-to-lowest	20.1 / 100	-9.6 pp vs world	100.0%	1 of 205 · highest-to-lowest	100.0 / 100	+28.5 pp vs world	4.0%	96 of 205 · highest-to-lowest	53.4 / 100	+0.6 pp vs world	0.0%	154 of 205 · highest-to-lowest	25.0 / 100	-100.0 pp vs world
Monaco	2004	6.1%	164 of 206 · highest-to-lowest	20.5 / 100	-11.2 pp vs world	100.0%	1 of 206 · highest-to-lowest	100.0 / 100	+23.5 pp vs world	0.9%	158 of 205 · highest-to-lowest	23.0 / 100	-18.7 pp vs world	0.0%	155 of 206 · highest-to-lowest	24.9 / 100	-100.0 pp vs world
Monaco	2005	5.8%	165 of 208 · highest-to-lowest	20.8 / 100	-11.3 pp vs world	100.0%	1 of 208 · highest-to-lowest	100.0 / 100	+26.0 pp vs world	-3.9%	188 of 206 · highest-to-lowest	8.8 / 100	-8.2 pp vs world	0.0%	158 of 208 · highest-to-lowest	24.2 / 100	-100.0 pp vs world
Monaco	2006	6.8%	161 of 208 · highest-to-lowest	22.7 / 100	-10.3 pp vs world	100.0%	1 of 208 · highest-to-lowest	100.0 / 100	+27.5 pp vs world	24.6%	12 of 207 · highest-to-lowest	94.7 / 100	+18.0 pp vs world	0.0%	155 of 208 · highest-to-lowest	25.6 / 100	-100.0 pp vs world
Monaco	2007	5.7%	168 of 208 · highest-to-lowest	19.3 / 100	-11.3 pp vs world	100.0%	1 of 208 · highest-to-lowest	100.0 / 100	+27.5 pp vs world	-3.2%	178 of 207 · highest-to-lowest	14.1 / 100	-9.2 pp vs world	0.0%	154 of 208 · highest-to-lowest	26.1 / 100	-100.0 pp vs world
Monaco	2008	4.8%	176 of 210 · highest-to-lowest	16.3 / 100	-12.1 pp vs world	100.0%	1 of 210 · highest-to-lowest	100.0 / 100	+30.1 pp vs world	-16.7%	204 of 208 · highest-to-lowest	1.9 / 100	-17.9 pp vs world	0.0%	160 of 210 · highest-to-lowest	23.9 / 100	-100.0 pp vs world
Monaco	2009	4.8%	178 of 210 · highest-to-lowest	15.3 / 100	-11.4 pp vs world	100.0%	2 of 210 · highest-to-lowest	99.5 / 100	+27.4 pp vs world	-10.3%	165 of 210 · highest-to-lowest	21.5 / 100	-3.9 pp vs world	0.0%	163 of 210 · highest-to-lowest	22.5 / 100	-100.0 pp vs world
Monaco	2010	5.8%	162 of 210 · highest-to-lowest	23.0 / 100	-10.9 pp vs world	100.0%	3 of 210 · highest-to-lowest	99.0 / 100	+29.2 pp vs world	21.1%	10 of 210 · highest-to-lowest	95.7 / 100	+12.1 pp vs world	0.0%	159 of 210 · highest-to-lowest	24.4 / 100	-100.0 pp vs world
Monaco	2011	6.2%	158 of 210 · highest-to-lowest	24.9 / 100	-10.6 pp vs world	100.0%	2 of 210 · highest-to-lowest	99.5 / 100	+30.7 pp vs world	10.7%	37 of 210 · highest-to-lowest	82.8 / 100	+6.4 pp vs world	0.0%	159 of 210 · highest-to-lowest	24.4 / 100	-100.0 pp vs world
Monaco	2012	5.7%	165 of 210 · highest-to-lowest	21.5 / 100	-11.1 pp vs world	100.0%	2 of 210 · highest-to-lowest	99.5 / 100	+30.5 pp vs world	-3.3%	166 of 210 · highest-to-lowest	21.1 / 100	-5.7 pp vs world	0.0%	159 of 210 · highest-to-lowest	24.4 / 100	-100.0 pp vs world
Monaco	2013	6.3%	157 of 210 · highest-to-lowest	25.4 / 100	-10.4 pp vs world	100.0%	1 of 210 · highest-to-lowest	100.0 / 100	+30.0 pp vs world	14.1%	12 of 210 · highest-to-lowest	94.7 / 100	+10.9 pp vs world	0.0%	158 of 210 · highest-to-lowest	24.9 / 100	-100.0 pp vs world
Monaco	2014	4.8%	175 of 210 · highest-to-lowest	16.7 / 100	-11.9 pp vs world	100.0%	2 of 210 · highest-to-lowest	99.5 / 100	+28.2 pp vs world	-18.9%	207 of 210 · highest-to-lowest	1.4 / 100	-23.1 pp vs world	0.0%	158 of 210 · highest-to-lowest	24.9 / 100	-100.0 pp vs world
Monaco	2015	4.9%	173 of 210 · highest-to-lowest	17.7 / 100	-12.1 pp vs world	100.0%	1 of 210 · highest-to-lowest	100.0 / 100	+23.8 pp vs world	8.9%	37 of 210 · highest-to-lowest	82.8 / 100	+5.3 pp vs world	0.0%	162 of 210 · highest-to-lowest	23.0 / 100	-100.0 pp vs world
Monaco	2016	3.9%	183 of 210 · highest-to-lowest	12.9 / 100	-12.8 pp vs world	100.0%	1 of 210 · highest-to-lowest	100.0 / 100	+22.7 pp vs world	-17.1%	208 of 210 · highest-to-lowest	1.0 / 100	-19.6 pp vs world	0.0%	166 of 210 · highest-to-lowest	21.1 / 100	-100.0 pp vs world
Monaco	2017	4.1%	181 of 210 · highest-to-lowest	13.9 / 100	-12.6 pp vs world	100.0%	1 of 210 · highest-to-lowest	100.0 / 100	+23.9 pp vs world	0.2%	159 of 210 · highest-to-lowest	24.4 / 100	-3.1 pp vs world	0.0%	166 of 210 · highest-to-lowest	21.1 / 100	-100.0 pp vs world
Monaco	2018	3.7%	182 of 210 · highest-to-lowest	13.4 / 100	-13.2 pp vs world	100.0%	1 of 210 · highest-to-lowest	100.0 / 100	+25.0 pp vs world	-4.9%	202 of 210 · highest-to-lowest	3.8 / 100	-8.8 pp vs world	0.0%	165 of 210 · highest-to-lowest	21.5 / 100	-100.0 pp vs world
Monaco	2019	3.1%	187 of 210 · highest-to-lowest	11.0 / 100	-13.3 pp vs world	100.0%	1 of 210 · highest-to-lowest	100.0 / 100	+24.4 pp vs world	-8.3%	199 of 210 · highest-to-lowest	5.3 / 100	-9.7 pp vs world	0.0%	166 of 210 · highest-to-lowest	21.1 / 100	-100.0 pp vs world
Monaco	2020	3.2%	182 of 210 · highest-to-lowest	13.4 / 100	-13.1 pp vs world	100.0%	1 of 210 · highest-to-lowest	100.0 / 100	+22.4 pp vs world	-3.8%	96 of 210 · highest-to-lowest	54.5 / 100	-1.4 pp vs world	0.0%	164 of 210 · highest-to-lowest	22.0 / 100	-100.0 pp vs world
Monaco	2021	3.4%	181 of 210 · highest-to-lowest	13.9 / 100	-13.4 pp vs world	100.0%	1 of 210 · highest-to-lowest	100.0 / 100	+24.5 pp vs world	20.6%	7 of 210 · highest-to-lowest	97.1 / 100	+11.6 pp vs world	0.0%	161 of 210 · highest-to-lowest	23.4 / 100	-100.0 pp vs world
Monaco	2022	3.4%	181 of 210 · highest-to-lowest	13.9 / 100	-13.0 pp vs world	100.0%	2 of 210 · highest-to-lowest	99.5 / 100	+28.1 pp vs world	6.4%	57 of 210 · highest-to-lowest	73.2 / 100	+4.3 pp vs world	0.0%	162 of 210 · highest-to-lowest	23.0 / 100	-100.0 pp vs world
Monaco	2023	2.9%	184 of 210 · highest-to-lowest	12.4 / 100	-13.1 pp vs world	100.0%	2 of 210 · highest-to-lowest	99.5 / 100	+26.6 pp vs world	-9.7%	197 of 210 · highest-to-lowest	6.2 / 100	-11.2 pp vs world	0.0%	165 of 210 · highest-to-lowest	21.5 / 100	-100.0 pp vs world
Monaco	2024	3.2%	184 of 210 · highest-to-lowest	12.4 / 100	-12.4 pp vs world	100.0%	2 of 210 · highest-to-lowest	99.5 / 100	+25.9 pp vs world	20.4%	7 of 210 · highest-to-lowest	97.1 / 100	+17.4 pp vs world	0.0%	162 of 210 · highest-to-lowest	23.0 / 100	-100.0 pp vs world

Calculations created by Tesseron World Observatory, data from UNSD Analysis of Main Aggregates (2026-01-28_89ede278; source updated 2026-01-28T00:00:00).

Interpretation note

Manufacturing is part of mining, manufacturing and utilities; it is not a seventh broad-industry slice. Share and real growth describe different dimensions.

Current manufacturing specialization

Europe0.22×

Western Europe0.21×

World0.21×

Monaco Economic Overview

Read the economy through three eras

What should a reader know first?

Real output, indexed to a shared starting year

Real GDP trajectory

How large is the economy, and where does it sit globally?

Nominal GDP

Nominal GDP and UN benchmarks

What does the record show per person?

GDP per person

GDP per person and UN benchmarks

How quickly has real activity changed, and how have output prices moved?

Real GDP growth

Real GDP growth and UN benchmarks

How is output used for consumption and domestic demand?

Final Consumption

Final consumption and UN benchmarks

How much current output is directed toward capital formation?

Gross Capital Formation

Gross capital formation and UN benchmarks

How exposed is the economy to trade, and what is the external balance?

Trade openness

Trade openness and UN benchmarks

Which activities produce value, and how is the mix changing?

Structural change across six activities

Industry composition and economic scale

What role does manufacturing play at home and in the world?

Manufacturing in the economic structure