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Monaco vs Russia: Economic Indicators Comparison

Russia with a GDP of $1.7T ranked the 11th largest economy in the world, while Monaco ranked 149th with $7.2B. By GDP per capita, Russia and Monaco ranked 68th vs 1st, respectively.

Gross Domestic Product & Income

StatMonacoRussia
GDP$7.2B$1.7T
GDP growth, 1 year6.1%2.3%
GDP growth, 5-years averageN/A0.5%
Population38k146.8M
GDP per capita$186k$11k
GDP per capita growth5.3%2.26%
Purchasing Power Parity conversion factorN/A25.64
Price level ratio of PPP conversion factor GDP to market exchange rateN/A0.41
GDP per capita, PPP adjusted$98k$29k
GNI, Atlas methodN/A$1.5T
GNI per capitaN/A$10k
GNI, PPP adjustedN/A$3.9T
GNI per capita, PPP adjustedN/A$26k

Financial system and Human development

StatMonacoRussia
Income Tax RateN/A13%
Corporate Tax RateN/A20%
Inflation, consumer pricesN/A2.9%
Inflation, GDP deflator0.8%10.3%
Unemployment6.3%4.7%
Economic Freedom Index8361
Personal Freedom Index8.76.56
Human Freedom Index8.76.49
Property Rights IndexN/A56.8
Judical Effectiveness IndexN/A44.4
Business Freedom IndexN/A80.2
Fiscal Health IndexN/A98.7
Labor Freedom IndexN/A52.1
Investment Freedom IndexN/A30
Financial Freedom IndexN/A30
Trade Freedom IndexN/A77.8
Monetary Freedom IndexN/A68.2
Government Spending IndexN/A63.8
Tax Burden IndexN/A88.5
Government Integrity IndexN/A41.3
Corruption Perceptions Index8228
Life expectancy at birth, years89.772.1
Suicide mortality rate, per 100,000 people0.231
Mortality caused by road traffic injury, per 100,000 people018
Intentional homicides, per 100,000 people09.2
International tourism, number of arrivals347k24.6M

Government debt & reserves

StatMonacoRussia
Central government debt, % of GDPN/A14%
External debt stocks, % of GNIN/A28.1%
External debt stocksN/A$453.9B
Short-term debt, % of total reservesN/A10.3%
Total debt service, % of exports and primary incomeN/A19.6%
Adjusted net savings including particulate emission damage, % of GNIN/A8%
Gross savings, % of GDPN/A30.2%
Gross capital formation, % of GDPN/A22.7%
Total reserves including goldN/A$468.6B
Foreign direct investment net inflowsN/A$8.8B

Exports, imports and economic structure

StatMonacoRussia
Exports of goods and services, % of GDPN/A30.7%
Imports of goods and services, % of GDPN/A20.8%
Current account balance (balance of payments)N/A$113.5B
Revenue excluding grants, % of GDPN/A27.5%
Grants excluding technical cooperation, BoPN/A$658.1M
Personal remittances receivedN/A$8.6B
Industry including construction value added, % of GDP13.1%32.1%
Agriculture, forestry and fishing value added, % of GDPN/A3.1%
Charges for the use of intellectual property, payments BoPN/A$6.3B
Charges for the use of intellectual property, receipts BoPN/A$876.1M
Expense, % of GDPN/A28.9%
Government Expenditure, % of GDPN/A34.7%

Compare with countries close by GDP per capita

Monaco vs

CountryGDP
per capita
Population
Liechtenstein
$165k
37.9k
Luxembourg
$117k
614k
Switzerland
$83k
8.21M
Norway
$82k
5.33M
Cayman Islands
$81k
58.4k
Ireland
$79k
4.76M
Iceland
$73k
357k
Qatar
$69k
2.17M
Singapore
$65k
5.89M
United States
$63k
325M
Denmark
$61k
5.83M
Australia
$57k
23.4M
Sweden
$55k
10.3M
Netherlands
$53k
17.2M
Austria
$51k
8.81M
Finland
$50k
5.5M
San Marino
$48k
31.6k
Germany
$48k
83M
Belgium
$48k
11.2M
Canada
$46k
35.7M
United Arab Emirates
$43k
9.35M
United Kingdom
$43k
65.1M
Andorra
$42k
76.2k
New Zealand
$42k
4.89M
Israel
$42k
8.89M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.6M
Kuwait
$34k
4.66M
Bahamas
$32k
377k

Russia vs

CountryGDP
per capita
Population
Trinidad and Tobago
$17k
1.34M
Antigua and Barbuda
$17k
101k
Seychelles
$16k
95.8k
Oman
$16k
3.63M
Hungary
$16k
9.97M
Venezuela
$16k
28.5M
Chile
$16k
18.1M
Palau
$16k
20.9k
Panama
$16k
3.86M
Poland
$15k
38.5M
Croatia
$15k
4.11M
Romania
$12k
19.6M
Costa Rica
$12k
4.87M
Argentina
$12k
44.9M
Malaysia
$11k
31.6M
Mauritius
$11k
1.26M
Grenada
$11k
108k
Saint Lucia
$11k
179k
Maldives
$10k
345k
Equatorial Guinea
$10k
1.22M
Nauru
$9.9k
13.7k
Kazakhstan
$9.8k
18M
China
$9.8k
1.41B
Mexico
$9.7k
131M
Turkey
$9.4k
82M
Bulgaria
$9.3k
7.27M
Brazil
$8.9k
208M
Montenegro
$8.8k
622k
Cuba
$8.8k
11.3M
Lebanon
$8.3k
4.47M