Gross Domestic Product — Value Standard Local Currency, 2015 prices in Monaco
Monaco: Gross Domestic Product — Value Standard Local Currency, 2015 prices was 3.08 % change on previous year in 2024. ◆ Volatile
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Monaco, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross domestic product — value standard local currency, 2015 prices in Monaco is 3.08 % change on previous year, measured in 2024.
Compared with earlier readings it is down 39.0% on the previous year and down 57.2% over ten years.
Over the whole period, gross domestic product — value standard local currency, 2015 prices 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 111th of 223 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Monaco, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 5.32 % change on previous year | — |
| 1972 | 4.51 % change on previous year | -15.1% |
| 1973 | 6.34 % change on previous year | +40.6% |
| 1974 | 4.3 % change on previous year | -32.2% |
| 1975 | -0.9598 % change on previous year | -122.3% |
| 1976 | 4.36 % change on previous year | -553.9% |
| 1977 | 3.46 % change on previous year | -20.5% |
| 1978 | 3.98 % change on previous year | +14.8% |
| 1979 | 3.55 % change on previous year | -10.8% |
| 1980 | 1.58 % change on previous year | -55.5% |
| 1981 | 1.07 % change on previous year | -32.3% |
| 1982 | 2.51 % change on previous year | +134.3% |
| 1983 | 1.24 % change on previous year | -50.5% |
| 1984 | 1.51 % change on previous year | +22.0% |
| 1985 | 1.62 % change on previous year | +7.2% |
| 1986 | 2.34 % change on previous year | +44.1% |
| 1987 | 2.56 % change on previous year | +9.6% |
| 1988 | 4.74 % change on previous year | +85.2% |
| 1989 | 4.34 % change on previous year | -8.4% |
| 1990 | 2.92 % change on previous year | -32.7% |
| 1991 | 1.05 % change on previous year | -64.1% |
| 1992 | 1.6 % change on previous year | +52.5% |
| 1993 | -0.6288 % change on previous year | -139.3% |
| 1994 | 2.36 % change on previous year | -475.1% |
| 1995 | 2.11 % change on previous year | -10.7% |
| 1996 | 1.41 % change on previous year | -32.9% |
| 1997 | 2.34 % change on previous year | +65.3% |
| 1998 | 3.59 % change on previous year | +53.6% |
| 1999 | 3.42 % change on previous year | -4.7% |
| 2000 | 3.92 % change on previous year | +14.7% |
| 2001 | 1.98 % change on previous year | -49.4% |
| 2002 | 1.14 % change on previous year | -42.8% |
| 2003 | 0.8231 % change on previous year | -27.5% |
| 2004 | 2.83 % change on previous year | +243.8% |
| 2005 | 1.66 % change on previous year | -41.2% |
| 2006 | 5.82 % change on previous year | +250.1% |
| 2007 | 14.41 % change on previous year | +147.4% |
| 2008 | 0.5703 % change on previous year | -96.0% |
| 2009 | -11.86 % change on previous year | -2180.1% |
| 2010 | 2.07 % change on previous year | -117.4% |
| 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 | 7.2 % change on previous year | -24.8% |
| 2015 | 4.91 % change on previous year | -31.8% |
| 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 | 11.05 % change on previous year | -50.3% |
| 2023 | 5.04 % change on previous year | -54.3% |
| 2024 | 3.08 % change on previous year | -39.0% |
Biggest year-on-year movements
Years where Gross Domestic Product — Value Standard Local Currency, 2015 prices in Monaco changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2009 | -2180.1% | 0.5703 % change on previous year | -11.86 % change on previous year |
| 2013 | +846.1% | 1.01 % change on previous year | 9.58 % change on previous year |
| 1976 | +553.9% | -0.9598 % change on previous year | 4.36 % change on previous year |
| 1994 | +475.1% | -0.6288 % change on previous year | 2.36 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.87 % change on previous year | -0.9598 % change on previous year | 6.34 % change on previous year | 9 |
| 1980s | 2.35 % change on previous year | 1.07 % change on previous year | 4.74 % change on previous year | 10 |
| 1990s | 2.02 % change on previous year | -0.6288 % change on previous year | 3.59 % change on previous year | 10 |
| 2000s | 2.13 % change on previous year | -11.86 % change on previous year | 14.41 % 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 | 5.63 % change on previous year | -13.24 % change on previous year | 22.23 % change on previous year | 5 |
Countries ranked near Monaco
- 109 Spain 3.15 % change on previous year compare
- 110 Uruguay 3.11 % change on previous year compare
- 112 Montenegro 3.04 % change on previous year compare
- 113 Iran (Islamic Republic of) 3.04 % change on previous year compare
- 114 Bahrain 3.02 % change on previous year compare
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 (current US$), annual 23.73 % change on previous year (2024)
- Industry (including construction), value added (current US$), per 0.128 current US$ per US$ of GDP (2024)
- Industry (including construction), value added (current US$), per 36,855 current US$ per person (2024)
- Industry (including construction), value added (current LCU), annual 23.6 % change on previous year (2024)
- Services, value added (current US$), annual growth rate 9.59 % change on previous year (2024)
- Industry (including construction), value added (current LCU), per 0.1182 current LCU per US$ of GDP (2024)
- 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)
- Gdp worldbank constant usd, per unit of GDP 0.8582 units per US$ of GDP (2024)
Frequently asked questions
- What is gross domestic product — value standard local currency, 2015 prices in Monaco?
- Gross domestic product — value standard local currency, 2015 prices in Monaco was 3.08 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross domestic product — value standard local currency, 2015 prices recorded in Monaco?
- The highest recorded value was 22.23 % change on previous year in 2021.
- What is the lowest gross domestic product — value standard local currency, 2015 prices recorded in Monaco?
- The lowest recorded value was -13.24 % change on previous year in 2020.
- How does Monaco rank for gross domestic product — value standard local currency, 2015 prices?
- Monaco ranks 111th out of 223 countries with data for 2024.
- Is gross domestic product — value standard local currency, 2015 prices rising or falling in Monaco?
- Over the last ten years it is down 57.2%. 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 Gross Domestic Product — Value Standard Local Currency, 2015 prices, 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 Gross Domestic Product — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Domestic Product — Value Standard Local Currency, 2015 prices Food and Agriculture Organization of the United Nations
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 Gross Domestic Product — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.