Economy of Monaco
Population: 0.04 M (2018)
GDP per Capita: 185,741 USD (2018)
7,180 M.



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2,018 B.



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2,018 B.



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2018 %



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Data is provided by World Bank, FMI and Central Banks.

GDP and Economic Growth

Indicator Value
Economic Growth 6.10 % (2018)
GDP of 2010 USD USD 7.60 B. (2018)
GDP Current USD USD 7.18 B. (2018)
GDP per Capita Current USD USD 185,741 (2018)
GDP per capita, PPP Monaco
GDP per Capita, 2010 USD USD 195,880 (2018)

Government spending and balances

Indicator Value
Government Spending % GDP
Government Spending
Government Debt % GDP % ()

International Trade and Investment

Indicator Value
Terms of Trade Base Year 2000 USD 195,880 (2018)
Trade Openness USD 195,880 (2018)
Exports of Goods and Services % GDP
Exports Goods & Services
Exports Annual Growth USD 195,880 (2018)
Imports as % GDP USD 195,880 (2018)
Total Imports
Foreign Direct Investment % GDP
Foreign Direct Investment
Current Account Balance % GDP USD USD 195,880 (2018) % (
Current Account Balance USD USD 195,880 (2018)
Trade Balance % GDP USD 195,880 (2018)
Trade Balance USD USD 195,880 (2018)
Foreign Exchange Reserves incl Gold USD 195,880 (2018)
Remittances % GDP USD 195,880 (2018)
Remittances USD 195,880 (2018)
Balance of Payments USD 195,880 (2018)

Labor Market

Indicator Value
Labor Force
Unemployment Rate
Unemployment Rate Females
Unemployment Rate Males
Youth Unemployment (ages 15-24)
Labor Force Participation Rate USD 195,880 (2018)
Labor Force (Percent Female) USD 195,880 (2018)
Female Labor Force Participation Rate USD 195,880 (2018)
Male Labor Force Participation Rate USD 195,880 (2018)
Dependent People

Agriculture Sector

Indicator Value
Forest Area
Forest Area km²
Agricultural Land USD 195,880 (2018)
Agricultural Land km²
Value added % GDP
Agriculture Value added
Crop Production Index USD 195,880 (2018)
Arable Land USD 195,880 (2018)
Cereal Yield USD 195,880 (2018)
Food production index USD 195,880 (2018)
Rural Population
Fertilizer use of Arable Land USD 195,880 (2018)
Livestock Production Index USD 195,880 (2018)
Economy of Monaco

According to the World Bank and its latest published data, the economy of the Monaco presents a growth rate of 6.10 % (2018) to the previous year.

With a population that reaches 0.04 M (2018) and a gross domestic product of USD 7.18 B. (2018), it translates a Gross Domestic Product per Capita of USD 185,741 placing its inhabitants on the threshold of an High-income country (according to the World Bank's updated classification).

Monaco also has a workforce of with an unemployment rate of , where women represent and men , the unemployment rate for young people between 15-24 years old stood at . The total number of dependent people stands at .

The central government spent of its gross domestic product that year, which in absolute terms is . Its consolidated public debt reached of its GDP, not exceeding the 35% risk limit used by the European Union.

Regarding its international trade, Monaco exported , which represents of its gross domestic product, in that same sense its imports reached with a direct foreign investment of .

Monaco has a forest area of , which represents of its total area, an average rainfall of per year and a population of living in rural areas. With a total area of available for agriculture and of its employments, the agricultural sector contributes to the economy of the Monaco about ( of its GDP).