GDP growth in Monaco
Monaco: GDP growth was 8.51 in 2024. β Volatile
Latest (2024)
8.51
Change on year
up 56.3%
World rank
3rd
of 74 countries
All-time high
22.23
in 2021
All-time low
-13.24
in 2020
Years of data
54
1971β2024
GDP growth in Monaco, 1971β2024
Source: UNICEF.
Analysis
Monaco recorded 8.51 for gdp growth 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 growth in Monaco peaked at 22.23 in 2021 and was at its lowest, -13.24, in 2020.
That places Monaco 3rd out of 74 countries with data for 2024, putting it 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 |
|---|---|---|---|---|
| 1970s | 3.93 | -0.9726 | 6.55 | 9 |
| 1980s | 2.31 | 0.9224 | 4.6 | 10 |
| 1990s | 1.86 | -0.9139 | 3.5 | 10 |
| 2000s | 2.22 | -11.34 | 14.44 | 10 |
| 2010s | 4.44 | -3.21 | 9.58 | 10 |
| 2020s | 6.84 | -13.24 | 22.23 | 5 |
Countries ranked near Monaco
- 1 Georgia 9.68 compare
- 2 Kyrgyzstan 9.04 compare
- 4 Tajikistan 8.4 compare
- 5 Djibouti 6.98 compare
- 6 Malta 6.8 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 gdp growth in Monaco?
- Gdp growth in Monaco was 8.51 in 2024, according to UNICEF.
- What is the highest gdp growth recorded in Monaco?
- The highest recorded value was 22.23 in 2021.
- What is the lowest gdp growth recorded in Monaco?
- The lowest recorded value was -13.24 in 2020.
- How does Monaco rank for gdp growth?
- Monaco ranks 3rd out of 74 countries with data for 2024.
- Is 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 UNICEF, published as part of GDP growth (annual %). Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 54 observations, free to reuse under UNICEF Terms of Use (attribution required).