Monaco GDP Annual Growth Rate  2006-2016 | Data | Chart | Calendar

The Gross Domestic Product (GDP) in Monaco expanded 5.40 percent in 2015 from the previous year. GDP Annual Growth Rate in Monaco averaged 4.19 percent from 2006 until 2015, reaching an all time high of 14.40 percent in 2007 and a record low of -11.30 percent in 2009.

Monaco GDP Annual Growth Rate
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Monaco GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate 5.40 7.20 14.40 -11.30 percent [+]
GDP 6.07 5.35 6.92 0.29 USD Billion [+]
GDP per capita 145221.19 145221.19 145221.19 145221.19 USD [+]
Gdp Constant Prices 5420.30 5143.90 5420.30 3668.20 EUR Million [+]



Monaco GDP Annual Growth Rate Notes

Monaco is a small city-state in Western Europe known for its casino, high-value tourism and tax haven status. The most important sector of the economy is services, accounting for over 95 percent of GDP. One third of Monaco’s GDP is produced by two sectors: scientific and technical activities, administrative and support services (17 percent); and financial and insurance activities (17 percent). Real estate sector accounts for 8.4 percent of GDP and has become the third biggest contributor to GDP in recent years. Tourism is also an important source of revenue as Monaco hosts various events, such as the Formula One Grand Prix, and is home to the famous Monte-Carlo Casino. A large part of the labour force commutes to work from outside Monaco every day. This page provides - Monaco GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Monaco GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on December of 2016.

Actual Previous Highest Lowest Dates Unit Frequency
5.40 7.20 14.40 -11.30 2006 - 2015 percent Yearly



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