Annual GDP growth in Monaco
Monaco: Annual GDP growth was 8.5% in 2024. β Volatile
Latest (2024)
8.5%
Change on year
up 56.3%
World rank
8th
of 197 countries
All-time high
22.2%
in 2021
All-time low
-13.2%
in 2020
Years of data
25
2000β2024
Annual GDP growth in Monaco, 2000β2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2024, annual gdp growth in Monaco stood at 8.5%.
Compared with earlier readings it is up 56.3% on the previous year and up 18.4% over ten years.
Over the whole period, annual gdp growth in Monaco peaked at 22.2% in 2021 and was at its lowest, -13.2%, in 2020.
Monaco ranks 8th of 197 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.2% | -11.3% | 14.4% | 10 |
| 2010s | 4.4% | -3.2% | 9.6% | 10 |
| 2020s | 6.8% | -13.2% | 22.2% | 5 |
Countries ranked near Monaco
- 5 Kyrgyz Republic 9.0% compare
- 6 Rwanda 8.9% compare
- 7 Eritrea, The State of 8.7% compare
- 9 Tajikistan, Republic of 8.4% compare
- 10 Ethiopia, The Federal Democratic Republic of 7.6% compare
- 11 Benin 7.5% compare
More economy & growth data for Monaco
- GDP per capita 247,170 constant 2015 US$ (2024)
- GDP 11.13 billion current US$ (2024)
- GDP 10.28 billion current LCU (2024)
- GDP 9.55 billion constant 2015 US$ (2024)
- GDP growth 8.5% (2024)
- GDP 9.17 billion constant LCU (2024)
- GDP per capita 288,002 current US$ (2024)
- GDP per capita 266,082 current LCU (2024)
- Gdp per capita worldbank constant usd 247,170 (2024)
- Gdp worldbank constant usd 9.55 billion (2024)
Frequently asked questions
- What is annual gdp growth in Monaco?
- Annual gdp growth in Monaco was 8.5% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual gdp growth recorded in Monaco?
- The highest recorded value was 22.2% in 2021.
- What is the lowest annual gdp growth recorded in Monaco?
- The lowest recorded value was -13.2% in 2020.
- How does Monaco rank for annual gdp growth?
- Monaco ranks 8th out of 197 countries with data for 2024.
- Is annual gdp growth rising or falling in Monaco?
- Over the last ten years it is up 18.4%. The long-run trend across the full record is volatile.
- Where does this Monaco data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual GDP growth (%). Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).