GDP per capita in Monaco averaged 131342.67 USD from 1970 until 2018, reaching an all time high of 196061.42 USD in 2018 and a record low of 85789.02 USD in 1970. The GDP of financial and insurance activities rose by 7.7%, exceeding EUR 1 billion for the first time.Despite the decline in GDP, employment continued to increase during 2017, in both the public and private sectors, with an additional 1,853 employees (+3.5%) recorded in December.
Taxes paid on products increased 0.1% in nominal terms but fell by 0.6% in real terms (corrected for inflation), contributing 13.1% of wealth produced. The Gross Domestic Product (GDP) in Monaco was worth 7 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. Real estate sector accounts for 8.4 percent of GDP and has become the third biggest contributor to GDP in recent years. This corresponds to the share of annually created wealth which is redistributed in the form of salaries and social security contributions.After four consecutive years of growth, the gross operating surplus generated by companies fell (-9.5% in nominal terms). The GDP per Capita in Monaco is equivalent to 1552 percent of the world's average. 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. Source: Monaco Statistics Monegasque entrepreneurs appear to have put employment ahead of their margins. Banking sector of Monaco is rather large: in 2015 consolidated banking assets 8.42 times exceeded the country's GDP.
It increased by +6.1% in real terms, corrected for inflation. Monaco gdp for 2018 was $7.19B, a 11.77% increase from 2017. Le Grand Prix automobile de Monaco 2018, disputé le 27 mai 2018 sur le circuit de Monaco, est la 982e épreuve du championnat du monde de Formule 1 courue depuis 1950. Monaco's GDP for 2018 crossed the EUR 6 billion mark for the first time to reach EUR 6.09 billion, compared with EUR 5.69 billion in 2017. The Gross Domestic Product (GDP) in Monaco expanded 6.10 percent in 2018 from the previous year. GDP Annual Growth Rate in Monaco averaged 3.67 percent from 2006 until 2018, reaching an all time high of 14.40 percent in 2007 and a record low of -11.30 percent in 2009. Monaco's GDP for 2018 crossed the EUR 6 billion mark for the first time to reach EUR 6.09 billion, compared with EUR 5.69 billion in 2017. 10Y 25Y It increased by +6.1 % in real terms, corrected for inflation. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. Il s'agit de la 76e édition du Grand Prix de Monaco, la 65e comptant pour le championnat du monde de Formule 1 et la sixième manche du championnat 2018. The 2018 Monaco Grand Prix (formally known as the Formula 1 Grand Prix de Monaco 2018) was a Formula One motor race that was held on 27 May 2018 at the Circuit de Monaco, a street circuit that runs through the Principality of Monaco. GDP Constant Prices in Monaco averaged 4772.16 EUR Million from 2005 until 2018, reaching an all time high of 6087 EUR Million in 2018 and a record low of 3668.20 EUR Million in 2005. The most important sector of the economy is services, accounting for over 95 percent of GDP. Download historical data for 20 million indicators using your browser.Direct access to our calendar releases and historical data.
Monaco's GDP for 2018 crossed the EUR 6 billion mark for the first time to reach Following a slowdown in the pace of growth in Monaco (from +9.6% in 2013 to +3.5% in 2016 and -3.4% in 2017), GDP recovered in 2018.In 2017, these two sectors faltered and even experienced a slight decline. Monaco gdp for 2016 was $6.47B , a 3.38% increase from 2015. Monaco is a small city-state in Western Europe known for its casino, high-value tourism and tax haven status. The amount of wages paid rose by 4.1%, representing more than half of GDP (50.8%). GDP Constant Prices in Monaco increased to 6087 EUR Million in 2018 from 5693 EUR Million in 2017. Banks operating in Monaco traditionally specialize in private banking, asset and wealth management services. http://www.monacostatistics.mc/Economy-and-Finance/GDP
This page provides the latest reported value for - … Des premiers essais libres à la troisième phase des qualifications, … It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. Source: Monaco Statistics
The Trading Economics Application Programming Interface (API) provides direct access to our data. It was the 6th round of the 2018 FIA Formula One World Championship, the 76th time the Monaco Grand Prix had been held, and the 65th time it had been a … 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).