Canada vs Monaco: Economic Indicators Comparison

Canada with a GDP of $1.7T ranked the 10th largest economy in the world, while Monaco ranked 149th with $7.2B. By GDP per capita, Canada and Monaco ranked 21st vs 1st, respectively.

Gross Domestic Product & Income

Stat	Canada	Monaco
GDP	$1.7T	$7.2B
GDP growth, 1 year	1.8%	6.1%
GDP growth, 5-years average	1.9%	N/A
Population	37.9M	39k
GDP per capita	$46k	$186k
GDP per capita growth	0.47%	5.3%
Purchasing Power Parity conversion factor	1.24	N/A
Price level ratio of PPP conversion factor GDP to market exchange rate	0.96	N/A
GDP per capita, PPP adjusted	$50k	$98k
GNI, Atlas method	$1.7T	N/A
GNI per capita	$45k	N/A
GNI, PPP adjusted	$1.8T	N/A
GNI per capita, PPP adjusted	$48k	N/A

Financial system and Human development

Stat	Canada	Monaco
Income Tax Rate	33%	N/A
Corporate Tax Rate	15%	N/A
Inflation, consumer prices	0.9%	N/A
Inflation, GDP deflator	1.9%	0.8%
Unemployment	5.9%	6.3%
Economic Freedom Index	78.2	83
Personal Freedom Index	9.26	8.7
Human Freedom Index	8.69	8.7
Property Rights Index	87.7	N/A
Judical Effectiveness Index	72.7	N/A
Business Freedom Index	81.7	N/A
Fiscal Health Index	83.3	N/A
Labor Freedom Index	72	N/A
Investment Freedom Index	80	N/A
Financial Freedom Index	80	N/A
Trade Freedom Index	87	N/A
Monetary Freedom Index	76	N/A
Government Spending Index	50.9	N/A
Tax Burden Index	76.5	N/A
Government Integrity Index	90.3	N/A
Corruption Perceptions Index	81	82
Life expectancy at birth, years	82.2	89.7
Suicide mortality rate, per 100,000 people	12.5	0.2
Mortality caused by road traffic injury, per 100,000 people	5.8	0
Intentional homicides, per 100,000 people	1.8	0
International tourism, number of arrivals	21.1M	347k

Government debt & reserves

Stat	Canada	Monaco
Central government debt, % of GDP	90.6%	N/A
External debt stocks, % of GNI	N/A	N/A
External debt stocks	N/A	N/A
Short-term debt, % of total reserves	N/A	N/A
Total debt service, % of exports and primary income	N/A	N/A
Adjusted net savings including particulate emission damage, % of GNI	6.5%	N/A
Gross savings, % of GDP	19.7%	N/A
Gross capital formation, % of GDP	23.1%	N/A
Total reserves including gold	$83.9B	N/A
Foreign direct investment net inflows	$46.5B	N/A

Exports, imports and economic structure

Stat	Canada	Monaco
Exports of goods and services, % of GDP	32.1%	N/A
Imports of goods and services, % of GDP	34.1%	N/A
Current account balance (balance of payments)	-$45.3B	N/A
Revenue excluding grants, % of GDP	18.1%	N/A
Grants excluding technical cooperation, BoP	N/A	N/A
Personal remittances received	$1.4B	N/A
Industry including construction value added, % of GDP	24.8%	13.1%
Agriculture, forestry and fishing value added, % of GDP	1.7%	N/A
Charges for the use of intellectual property, payments BoP	$11.8B	N/A
Charges for the use of intellectual property, receipts BoP	$4.8B	N/A
Expense, % of GDP	17.3%	N/A
Government Expenditure, % of GDP	40.5%	N/A