Liechtenstein has a GDP of $8.24B compared to $11.1B for Monaco, ranking 156/197 and 152/197 by economy size, respectively.
Liechtenstein vs Monaco GDP by year
| Year | GDP, current $ | |
|---|---|---|
Liechtenstein
|
Monaco
|
|
| 2024 | - | $11,125,783,372 |
| 2023 | $8,239,379,403 | $10,003,892,565 |
| 2022 | $7,426,856,243 | $8,800,430,486 |
| 2021 | $7,912,602,342 | $8,623,242,743 |
| 2020 | $6,405,870,210 | $6,730,736,283 |
| 2019 | $6,436,467,007 | $7,383,496,254 |
| 2018 | $6,692,620,692 | $7,184,333,936 |
| 2017 | $6,474,308,718 | $6,430,254,653 |
| 2016 | $6,237,302,034 | $6,471,290,794 |
| 2015 | $6,268,515,276 | $6,264,756,528 |
| 2014 | $6,657,526,980 | $7,070,017,324 |
| 2013 | $6,391,708,311 | $6,555,591,710 |
| 2012 | $5,456,102,482 | $5,742,749,294 |
| 2011 | $5,739,706,005 | $6,088,689,808 |
| 2010 | $5,082,337,238 | $5,367,561,570 |
| 2009 | $4,504,375,348 | $5,474,379,252 |
| 2008 | $5,081,479,840 | $6,502,942,245 |
| 2007 | $4,601,429,897 | $5,875,790,766 |
| 2006 | $4,000,102,086 | $4,586,826,513 |
| 2005 | $3,659,319,117 | $4,204,652,899 |
| 2004 | $3,454,373,798 | $4,043,551,489 |
| 2003 | $3,070,803,051 | $3,597,089,751 |
| 2002 | $2,688,618,747 | $2,919,647,982 |
| 2001 | $2,491,800,559 | $2,673,723,034 |
| 2000 | $2,483,889,858 | $2,654,462,665 |
| 1999 | $2,664,105,901 | $2,907,118,641 |
| 1998 | $2,479,699,106 | $2,934,593,468 |
| 1997 | $2,298,389,803 | $2,840,195,190 |
| 1996 | $2,504,012,993 | $3,137,886,995 |
| 1995 | $2,428,525,061 | $3,130,309,995 |
| 1994 | $1,948,129,623 | $2,720,332,135 |
| 1993 | $1,673,085,245 | $2,574,494,356 |
| 1992 | $1,631,177,029 | $2,737,049,231 |
| 1991 | $1,484,160,302 | $2,480,540,845 |
| 1990 | $1,421,509,216 | $2,481,307,077 |
| 1989 | $1,119,983,801 | $2,010,083,833 |
| 1988 | $1,161,757,671 | $2,000,704,745 |
| 1987 | $1,052,848,996 | $1,839,081,463 |
| 1986 | $779,357,803 | $1,515,234,743 |
| 1985 | $529,073,612 | $1,082,867,507 |
| 1984 | $502,620,992 | $1,037,329,604 |
| 1983 | $524,023,625 | $1,092,560,365 |
| 1982 | $522,096,760 | $1,143,216,457 |
| 1981 | $511,647,750 | $1,205,188,648 |
| 1980 | $534,699,363 | $1,378,175,524 |
| 1979 | $503,173,104 | $1,209,870,147 |
| 1978 | $436,912,068 | $1,000,555,218 |
| 1977 | $303,493,119 | $811,191,392 |
| 1976 | $272,489,300 | $735,324,245 |
| 1975 | $246,389,102 | $711,978,962 |
| 1974 | $193,980,465 | $563,949,254 |
| 1973 | $165,928,882 | $523,554,039 |
| 1972 | $124,940,289 | $402,451,901 |
| 1971 | $104,889,795 | $327,706,210 |
| 1970 | $90,099,361 | $293,127,333 |
Data sources: World Bank | Economy & Growth (1970–2024, retrieved 2026-04-06).
GeoRank.org/economy/liechtenstein/monaco | CC BY 
GDP per capita in Liechtenstein vs Monaco by year
| Year | Current $ | |||
|---|---|---|---|---|
|
Liechtenstein
|
Monaco
|
|||
| GDP per capita | GDP per capita, PPP | GDP per capita | GDP per capita, PPP | |
| 2024 | - | - | $288,001 | - |
| 2023 | $206,781 | - | $256,800 | - |
| 2022 | $188,055 | - | $226,052 | - |
| 2021 | $201,945 | - | $223,823 | - |
| 2020 | $164,671 | - | $176,892 | - |
| 2019 | $166,908 | - | $193,747 | - |
| 2018 | $174,989 | - | $188,298 | - |
| 2017 | $170,547 | - | $170,663 | - |
| 2016 | $165,375 | - | $173,605 | - |
| 2015 | $167,187 | - | $170,437 | $115,700 |
| 2014 | $178,735 | - | $195,694 | - |
| 2013 | $172,824 | - | $184,941 | $78,700 |
| 2012 | $148,842 | - | $165,445 | - |
| 2011 | $158,066 | - | $179,364 | $85,500 |
| 2010 | $141,090 | - | $161,854 | - |
| 2009 | $126,025 | $139,100 | $169,150 | $63,400 |
| 2008 | $143,249 | $141,100 | $204,264 | - |
| 2007 | $130,493 | $122,100 | $184,559 | - |
| 2006 | $114,168 | - | $143,083 | $30,000 |
| 2005 | $105,295 | - | $130,539 | - |
| 2004 | $100,281 | - | $125,160 | - |
| 2003 | $90,108 | - | $111,110 | - |
| 2002 | $79,795 | - | $90,051 | - |
| 2001 | $75,068 | - | $82,403 | - |
| 2000 | $76,088 | - | $81,789 | $27,000 |
| 1999 | $82,682 | $25,000 | $89,698 | $27,000 |
| 1998 | $78,303 | $23,000 | $90,947 | - |
| 1997 | $73,591 | - | $88,582 | - |
| 1996 | $80,689 | - | $98,561 | - |
| 1995 | $78,910 | - | $99,032 | - |
| 1994 | $63,936 | - | $86,704 | - |
| 1993 | $55,605 | - | $82,685 | - |
| 1992 | $55,057 | - | $88,615 | - |
| 1991 | $50,812 | - | $80,997 | - |
| 1990 | $49,458 | - | $81,735 | - |
| 1989 | $39,552 | - | $66,816 | - |
| 1988 | $41,569 | - | $67,181 | - |
| 1987 | $38,206 | - | $62,456 | - |
| 1986 | $28,613 | - | $52,082 | - |
| 1985 | $19,684 | - | $37,690 | - |
| 1984 | $18,898 | - | $36,582 | - |
| 1983 | $19,815 | - | $39,076 | - |
| 1982 | $19,886 | - | $41,479 | - |
| 1981 | $19,929 | - | $44,157 | - |
| 1980 | $20,959 | - | $50,814 | - |
| 1979 | $19,674 | - | $44,990 | - |
| 1978 | $17,457 | - | $37,608 | - |
| 1977 | $12,417 | - | $30,875 | - |
| 1976 | $11,326 | - | $28,396 | - |
| 1975 | $10,333 | - | $27,921 | - |
| 1974 | $8,272 | - | $22,348 | - |
| 1973 | $7,282 | - | $20,882 | - |
| 1972 | $5,645 | - | $16,187 | - |
| 1971 | $4,856 | - | $13,334 | - |
| 1970 | $4,262 | - | $12,098 | - |
Data sources: World Bank | Economy & Growth (1970–2024, retrieved 2026-04-06); Central Intelligence Agency (CIA) (1998–2015, retrieved 2026-02-20).
GeoRank.org/economy/liechtenstein/monaco | CC BY
Liechtenstein's GDP per capita is $206,781, ranking 2/197, compared to $288,001 in Monaco, ranking 1/197. Adjusted for purchasing power (GDP per capita PPP), Liechtenstein ranks 3rd at $139,100, while Monaco ranks 6th at $115,700.
Economic indicators
|
Liechtenstein
|
Monaco
|
|
|---|---|---|
| Gross domestic product |
$8.24B
2023 |
$11.1B
2024 |
| GDP rank |
156/197
2023 |
152/197
2024 |
| GDP growth | n/a |
8.51%
2023-2024 |
| GDP per capita |
$206,781
2023 |
$288,001
2024 |
| GDP per capita rank |
2/197
2023 |
1/197
2024 |
| GDP per capita, PPP |
$139,100
2009 |
$115,700
2015 |
| GDP per capita PPP rank |
3/197
2009 |
6/197
2015 |
| Average annual personal income after taxes |
$97,806
2026 |
$97,068
2026 |
| Number of billionaires |
1
2025 |
2
2025 |
| Government expenditure, % of GDP |
22.6%
2025 |
20%
2025 |
| Consumer prices inflation |
-0.4%
2019-2020 |
1.5%
2019-2020 |
| Unemployment rate |
2.01%
2007 |
6.33%
2016 |
| Population |
41038
|
38053
|
Inflation comparison by year
| Year | Consumer prices inflation | |
|---|---|---|
|
Liechtenstein
|
Monaco
|
|
| 2020 | -0.4% | 1.5% |
| 2019 | -0.4% | 1.5% |
| 2018 | -0.4% | 1.5% |
| 2017 | - | - |
| 2016 | -0.4% | - |
| 2015 | - | - |
| 2014 | - | - |
| 2013 | -0.2% | - |
| 2012 | -0.7% | - |
| 2011 | 0.2% | - |
| 2010 | 0.7% | 1.5% |
| 2009 | 0.5% | - |
| 2008 | - | - |
| 2007 | - | - |
| 2006 | - | - |
| 2005 | - | - |
| 2004 | - | - |
| 2003 | - | - |
| 2002 | - | - |
| 2001 | 1% | - |
| 2000 | - | 1.9% |
| 1999 | - | - |
| 1998 | - | - |
| 1997 | 0.5% | - |
Data sources: Central Intelligence Agency (CIA) (1997–2020, retrieved 2026-02-20).
GeoRank.org/economy/liechtenstein/monaco | CC BY
Over the past 21 years, Liechtenstein has recorded an average annual inflation rate of -0.01%, compared with 1.58% in Monaco. In 2020, inflation was -0.4% in Liechtenstein and 1.5% in Monaco.
Economic freedom indices
The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.
|
Liechtenstein
|
Monaco
|
|
|---|---|---|
| Economic freedom | 74 | 83 |
| Economic freedom ranking | 23/197 | 4/197 |
| Property rights | 93.1 | n/a |
| Government integrity | 83.7 | n/a |
| Judicial effectiveness | 87.3 | n/a |
| Tax burden | 93.4 | n/a |
| Business freedom | 83.6 | n/a |
| Labor freedom | 51.9 | n/a |
| Trade freedom | 86.6 | n/a |
| Investment freedom | 80 | n/a |
| Financial freedom | 80 | n/a |
Other economic metrics
|
Liechtenstein
|
Monaco
|
|
|---|---|---|
| Services, % of GDP |
57.4%
2023 |
87.2%
2024 |
| Industry, % of GDP |
39.1%
2023 |
12.8%
2024 |
| Agriculture, forestry, and fishing, % of GDP |
0.16%
2023 |
n/a |
|
GNI, Atlas method
|
$4.16B
2009 |
n/a |
|
Net inflows of foreign direct investment
|
-$87.2B
2018 |
n/a |
GDP per capita map
Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).
GeoRank.org/economy/liechtenstein/monaco | CC BY
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Data sources:
- World Bank | Economy & Growth (1970–2025, retrieved 2026-04-06)
- U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
- Central Intelligence Agency (CIA) (1997–2020, retrieved 2026-02-20)
- The Heritage Foundation | Economic Freedom Index (2025–2026, retrieved 2026-03-09)
- United Nations | World Population Prospects (2026, retrieved 2026-03-10)
- LivingCost (2026, retrieved 2025-10-14)
Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.
Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.
Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.