Estonia vs Monaco: Economic Indicators Comparison

Estonia with a GDP of $30.7B ranked the 102nd largest economy in the world, while Monaco ranked 149th with $7.2B. By GDP per capita, Estonia and Monaco ranked 42nd vs 1st, respectively.

Gross Domestic Product & Income

Stat	Estonia	Monaco
GDP	$30.7B	$7.2B
GDP growth, 1 year	3.9%	6.1%
GDP growth, 5-years average	3.4%	N/A
Population	1.3M	39k
GDP per capita	$23k	$186k
GDP per capita growth	4.48%	5.3%
Purchasing Power Parity conversion factor	0.55	N/A
Price level ratio of PPP conversion factor GDP to market exchange rate	0.65	N/A
GDP per capita, PPP adjusted	$34k	$98k
GNI, Atlas method	$27.9B	N/A
GNI per capita	$21k	N/A
GNI, PPP adjusted	$46.2B	N/A
GNI per capita, PPP adjusted	$35k	N/A

Financial system and Human development

Stat	Estonia	Monaco
Income Tax Rate	20%	N/A
Corporate Tax Rate	20%	N/A
Inflation, consumer prices	3.4%	N/A
Inflation, GDP deflator	4.5%	0.8%
Unemployment	5.5%	6.3%
Economic Freedom Index	77.7	83
Personal Freedom Index	9.04	8.7
Human Freedom Index	8.44	8.7
Property Rights Index	83.2	N/A
Judical Effectiveness Index	73.7	N/A
Business Freedom Index	73.5	N/A
Fiscal Health Index	99.9	N/A
Labor Freedom Index	57.3	N/A
Investment Freedom Index	90	N/A
Financial Freedom Index	70	N/A
Trade Freedom Index	86.4	N/A
Monetary Freedom Index	78.6	N/A
Government Spending Index	53.3	N/A
Tax Burden Index	81.1	N/A
Government Integrity Index	85.9	N/A
Corruption Perceptions Index	73	82
Life expectancy at birth, years	77.6	89.7
Suicide mortality rate, per 100,000 people	17.8	0.2
Mortality caused by road traffic injury, per 100,000 people	6.1	0
Intentional homicides, per 100,000 people	2.2	0
International tourism, number of arrivals	3.2M	347k

Government debt & reserves

Stat	Estonia	Monaco
Central government debt, % of GDP	8.1%	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	15.2%	N/A
Gross savings, % of GDP	28.2%	N/A
Gross capital formation, % of GDP	26.2%	N/A
Total reserves including gold	$755M	N/A
Foreign direct investment net inflows	$1.2B	N/A

Exports, imports and economic structure

Stat	Estonia	Monaco
Exports of goods and services, % of GDP	74.3%	N/A
Imports of goods and services, % of GDP	70.7%	N/A
Current account balance (balance of payments)	$612.4M	N/A
Revenue excluding grants, % of GDP	34.8%	N/A
Grants excluding technical cooperation, BoP	$120.3M	N/A
Personal remittances received	$566.5M	N/A
Industry including construction value added, % of GDP	24.1%	13.1%
Agriculture, forestry and fishing value added, % of GDP	2.7%	N/A
Charges for the use of intellectual property, payments BoP	$64.7M	N/A
Charges for the use of intellectual property, receipts BoP	$15.9M	N/A
Expense, % of GDP	35%	N/A
Government Expenditure, % of GDP	39.4%	N/A