Annual growth rate of real GDP per capita in Monaco
Monaco: Annual growth rate of real GDP per capita was 9.7% in 2024. ◆ Volatile
Latest (2024)
9.7%
Change on year
up 79.6%
World rank
4th
of 226 countries
All-time high
20.7%
in 2021
All-time low
-13.3%
in 2009
Years of data
25
2000–2024
Annual growth rate of real GDP per capita in Monaco, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
Monaco recorded 9.7% for annual growth rate of real gdp per capita in 2024.
The figure is up 79.6% on the previous year and up 86.5% over ten years.
Over the whole period, annual growth rate of real gdp per capita in Monaco peaked at 20.7% in 2021 and was at its lowest, -13.3%, in 2009.
Monaco ranks 4th of 226 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth rate of real GDP per capita in Monaco, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 3.8% | — |
| 2001 | 2.0% | -47.4% |
| 2002 | 1.2% | -40.0% |
| 2003 | 1.0% | -16.7% |
| 2004 | 3.0% | +200.0% |
| 2005 | 2.0% | -33.3% |
| 2006 | 6.3% | +215.0% |
| 2007 | 15.2% | +141.3% |
| 2008 | 0.6% | -96.1% |
| 2009 | -13.3% | -2316.7% |
| 2010 | -0.4% | -97.0% |
| 2011 | 4.6% | -1250.0% |
| 2012 | -1.2% | -126.1% |
| 2013 | 7.3% | -708.3% |
| 2014 | 5.2% | -28.8% |
| 2015 | 3.1% | -40.4% |
| 2016 | 1.6% | -48.4% |
| 2017 | -4.2% | -362.5% |
| 2018 | 4.4% | -204.8% |
| 2019 | 7.2% | +63.6% |
| 2020 | -13.1% | -281.9% |
| 2021 | 20.7% | -258.0% |
| 2022 | 10.1% | -51.2% |
| 2023 | 5.4% | -46.5% |
| 2024 | 9.7% | +79.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.2% | -13.3% | 15.2% | 10 |
| 2010s | 2.8% | -4.2% | 7.3% | 10 |
| 2020s | 6.6% | -13.1% | 20.7% | 5 |
Countries ranked near Monaco
More economy & growth data for Monaco
- Industry (including construction), value added (constant LCU), per 20,048 constant LCU per person (2014)
- Industry (including construction), value added (constant LCU), per 0.1024 constant LCU per US$ of GDP (2014)
- Industry (including construction), value added (current LCU), per 34,050 current LCU per person (2024)
- Industry (including construction), value added (current LCU), per 0.1182 current LCU per US$ of GDP (2024)
- Industry (including construction), value added (current LCU), annual 23.6 % change on previous year (2024)
- Industry (including construction), value added (current US$), per 36,855 current US$ per person (2024)
- Industry (including construction), value added (current US$), per 0.128 current US$ per US$ of GDP (2024)
- Industry (including construction), value added (current US$), annual 23.73 % change on previous year (2024)
- GDP (constant 2015 US$), per capita 247,170 constant 2015 US$ per person (2024)
- GDP (current US$), annual growth rate 11.21 % change on previous year (2024)
Frequently asked questions
- What is annual growth rate of real gdp per capita in Monaco?
- Annual growth rate of real gdp per capita in Monaco was 9.7% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth rate of real gdp per capita recorded in Monaco?
- The highest recorded value was 20.7% in 2021.
- What is the lowest annual growth rate of real gdp per capita recorded in Monaco?
- The lowest recorded value was -13.3% in 2009.
- How does Monaco rank for annual growth rate of real gdp per capita?
- Monaco ranks 4th out of 226 countries with data for 2024.
- Is annual growth rate of real gdp per capita rising or falling in Monaco?
- Over the last ten years it is up 86.5%. 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 growth rate of real GDP per capita (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).