GDP (constant LCU), annual growth rate in Monaco
Monaco: GDP (constant LCU), annual growth rate was 8.51 % change on previous year in 2024. ◆ Volatile
GDP (constant LCU), annual growth rate in Monaco, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Monaco recorded 8.51 % change on previous year for gdp (constant lcu), annual growth rate in 2024.
Compared with earlier readings it is up 56.3% on the previous year and up 18.4% over ten years.
Over the whole period, gdp (constant lcu), annual growth rate in Monaco peaked at 22.23 % change on previous year in 2021 and was at its lowest, -13.24 % change on previous year, in 2020.
Monaco ranks 9th of 213 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
GDP (constant LCU), annual growth rate in Monaco, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 5.23 % change on previous year | — |
| 1972 | 4.65 % change on previous year | -11.1% |
| 1973 | 6.55 % change on previous year | +41.0% |
| 1974 | 4.47 % change on previous year | -31.7% |
| 1975 | -0.9727 % change on previous year | -121.7% |
| 1976 | 4.41 % change on previous year | -553.5% |
| 1977 | 3.55 % change on previous year | -19.5% |
| 1978 | 3.95 % change on previous year | +11.3% |
| 1979 | 3.53 % change on previous year | -10.6% |
| 1980 | 1.69 % change on previous year | -52.3% |
| 1981 | 0.9226 % change on previous year | -45.3% |
| 1982 | 2.43 % change on previous year | +163.6% |
| 1983 | 1.2 % change on previous year | -50.9% |
| 1984 | 1.48 % change on previous year | +24.2% |
| 1985 | 1.71 % change on previous year | +15.1% |
| 1986 | 2.45 % change on previous year | +43.5% |
| 1987 | 2.48 % change on previous year | +1.3% |
| 1988 | 4.6 % change on previous year | +85.1% |
| 1989 | 4.16 % change on previous year | -9.5% |
| 1990 | 2.64 % change on previous year | -36.5% |
| 1991 | 1.02 % change on previous year | -61.6% |
| 1992 | 1.37 % change on previous year | +34.6% |
| 1993 | -0.914 % change on previous year | -166.9% |
| 1994 | 2.22 % change on previous year | -342.4% |
| 1995 | 2.12 % change on previous year | -4.4% |
| 1996 | 1.11 % change on previous year | -47.5% |
| 1997 | 2.24 % change on previous year | +101.4% |
| 1998 | 3.5 % change on previous year | +56.6% |
| 1999 | 3.3 % change on previous year | -5.8% |
| 2000 | 3.91 % change on previous year | +18.5% |
| 2001 | 2.19 % change on previous year | -44.0% |
| 2002 | 1.03 % change on previous year | -53.1% |
| 2003 | 1.09 % change on previous year | +5.9% |
| 2004 | 2.47 % change on previous year | +127.2% |
| 2005 | 1.9 % change on previous year | -23.3% |
| 2006 | 5.82 % change on previous year | +206.9% |
| 2007 | 14.44 % change on previous year | +148.2% |
| 2008 | 0.7469 % change on previous year | -94.8% |
| 2009 | -11.34 % change on previous year | -1617.9% |
| 2010 | 2.07 % change on previous year | -118.2% |
| 2011 | 7.02 % change on previous year | +240.0% |
| 2012 | 1.01 % change on previous year | -85.6% |
| 2013 | 9.58 % change on previous year | +846.1% |
| 2014 | 7.19 % change on previous year | -25.0% |
| 2015 | 4.91 % change on previous year | -31.7% |
| 2016 | 3.01 % change on previous year | -38.7% |
| 2017 | -3.21 % change on previous year | -206.6% |
| 2018 | 5.7 % change on previous year | -277.7% |
| 2019 | 7.12 % change on previous year | +25.0% |
| 2020 | -13.24 % change on previous year | -285.9% |
| 2021 | 22.23 % change on previous year | -267.9% |
| 2022 | 11.27 % change on previous year | -49.3% |
| 2023 | 5.44 % change on previous year | -51.7% |
| 2024 | 8.51 % change on previous year | +56.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.93 % change on previous year | -0.9727 % change on previous year | 6.55 % change on previous year | 9 |
| 1980s | 2.31 % change on previous year | 0.9226 % change on previous year | 4.6 % change on previous year | 10 |
| 1990s | 1.86 % change on previous year | -0.914 % change on previous year | 3.5 % change on previous year | 10 |
| 2000s | 2.22 % change on previous year | -11.34 % change on previous year | 14.44 % change on previous year | 10 |
| 2010s | 4.44 % change on previous year | -3.21 % change on previous year | 9.58 % change on previous year | 10 |
| 2020s | 6.84 % change on previous year | -13.24 % change on previous year | 22.23 % change on previous year | 5 |
Countries ranked near Monaco
More economy & growth data for Monaco
- GDP per capita 247,170 constant 2015 US$ (2024)
- Gdp per capita in international and market dollars 247,170 (2024)
- DEC alternative conversion factor 0.885 LCU per US$ (2025)
- GDP per capita 237,372 constant LCU (2024)
- GDP per capita growth 9.4% (2024)
- GDP per capita 288,002 current US$ (2024)
- GDP growth 8.5% (2024)
- GDP 9.17 billion constant LCU (2024)
- Gdp worldbank constant usd 9.55 billion (2024)
- GDP per capita 266,082 current LCU (2024)
Frequently asked questions
- What is gdp (constant lcu), annual growth rate in Monaco?
- Gdp (constant lcu), annual growth rate in Monaco was 8.51 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gdp (constant lcu), annual growth rate recorded in Monaco?
- The highest recorded value was 22.23 % change on previous year in 2021.
- What is the lowest gdp (constant lcu), annual growth rate recorded in Monaco?
- The lowest recorded value was -13.24 % change on previous year in 2020.
- How does Monaco rank for gdp (constant lcu), annual growth rate?
- Monaco ranks 9th out of 213 countries with data for 2024.
- Is gdp (constant lcu), annual growth rate 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 Statizoid (derived), published as part of GDP (constant LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in GDP (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in GDP (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.