Gross Domestic Product — Value US$, annual growth rate in Monaco
Monaco: Gross Domestic Product — Value US$, annual growth rate was 7.69 % change on previous year in 2024. ◆ Volatile
Gross Domestic Product — Value US$, annual growth rate in Monaco, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross domestic product — value us$, annual growth rate in Monaco is 7.69 % change on previous year, measured in 2024.
That represents a change of down 43.3% on the previous year and down 2.0% over ten years.
Over the whole period, gross domestic product — value us$, annual growth rate in Monaco peaked at 39.47 % change on previous year in 1986 and was at its lowest, -15.82 % change on previous year, in 2009.
Monaco ranks 74th of 236 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value US$, annual growth rate in Monaco, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 11.8 % change on previous year | — |
| 1972 | 22.6 % change on previous year | +91.5% |
| 1973 | 29.95 % change on previous year | +32.5% |
| 1974 | 7.99 % change on previous year | -73.3% |
| 1975 | 26.37 % change on previous year | +230.1% |
| 1976 | 3.18 % change on previous year | -87.9% |
| 1977 | 10.2 % change on previous year | +220.7% |
| 1978 | 23.5 % change on previous year | +130.5% |
| 1979 | 21.17 % change on previous year | -9.9% |
| 1980 | 14.22 % change on previous year | -32.8% |
| 1981 | -12.23 % change on previous year | -186.0% |
| 1982 | -4.98 % change on previous year | -59.2% |
| 1983 | -4.27 % change on previous year | -14.3% |
| 1984 | -5.21 % change on previous year | +22.1% |
| 1985 | 4.23 % change on previous year | -181.1% |
| 1986 | 39.47 % change on previous year | +833.2% |
| 1987 | 21.08 % change on previous year | -46.6% |
| 1988 | 9.06 % change on previous year | -57.0% |
| 1989 | 0.6231 % change on previous year | -93.1% |
| 1990 | 23.8 % change on previous year | +3719.3% |
| 1991 | 0.0066 % change on previous year | -100.0% |
| 1992 | 10.41 % change on previous year | +157996.5% |
| 1993 | -5.6 % change on previous year | -153.8% |
| 1994 | 5.37 % change on previous year | -195.9% |
| 1995 | 14.85 % change on previous year | +176.4% |
| 1996 | 0.2976 % change on previous year | -98.0% |
| 1997 | -9.52 % change on previous year | -3298.6% |
| 1998 | 3.46 % change on previous year | -136.3% |
| 1999 | -0.665 % change on previous year | -119.2% |
| 2000 | -8.54 % change on previous year | +1184.3% |
| 2001 | 0.88 % change on previous year | -110.3% |
| 2002 | 8.98 % change on previous year | +920.8% |
| 2003 | 22.85 % change on previous year | +154.4% |
| 2004 | 14.91 % change on previous year | -34.7% |
| 2005 | 3.65 % change on previous year | -75.5% |
| 2006 | 9.09 % change on previous year | +149.2% |
| 2007 | 28.1 % change on previous year | +209.2% |
| 2008 | 10.67 % change on previous year | -62.0% |
| 2009 | -15.82 % change on previous year | -248.2% |
| 2010 | -1.95 % change on previous year | -87.7% |
| 2011 | 13.43 % change on previous year | -788.8% |
| 2012 | -5.68 % change on previous year | -142.3% |
| 2013 | 14.15 % change on previous year | -349.1% |
| 2014 | 7.85 % change on previous year | -44.6% |
| 2015 | -11.39 % change on previous year | -245.1% |
| 2016 | 3.3 % change on previous year | -128.9% |
| 2017 | -0.634 % change on previous year | -119.2% |
| 2018 | 11.73 % change on previous year | -1949.6% |
| 2019 | 2.77 % change on previous year | -76.4% |
| 2020 | -8.84 % change on previous year | -418.9% |
| 2021 | 28.12 % change on previous year | -418.0% |
| 2022 | 2.05 % change on previous year | -92.7% |
| 2023 | 13.58 % change on previous year | +560.8% |
| 2024 | 7.69 % change on previous year | -43.3% |
Biggest year-on-year movements
Years where Gross Domestic Product — Value US$, annual growth rate in Monaco changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1992 | +157996.5% | 0.0066 % change on previous year | 10.41 % change on previous year |
| 1990 | +3719.3% | 0.6231 % change on previous year | 23.8 % change on previous year |
| 1997 | -3298.6% | 0.2976 % change on previous year | -9.52 % change on previous year |
| 2018 | +1949.6% | -0.634 % change on previous year | 11.73 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 17.42 % change on previous year | 3.18 % change on previous year | 29.95 % change on previous year | 9 |
| 1980s | 6.2 % change on previous year | -12.23 % change on previous year | 39.47 % change on previous year | 10 |
| 1990s | 4.24 % change on previous year | -9.52 % change on previous year | 23.8 % change on previous year | 10 |
| 2000s | 7.48 % change on previous year | -15.82 % change on previous year | 28.1 % change on previous year | 10 |
| 2010s | 3.36 % change on previous year | -11.39 % change on previous year | 14.15 % change on previous year | 10 |
| 2020s | 8.52 % change on previous year | -8.84 % change on previous year | 28.12 % change on previous year | 5 |
Countries ranked near Monaco
- 71 Saint Vincent and the Grenadines 7.92 % change on previous year compare
- 72 Micronesia 7.82 % change on previous year compare
- 73 Namibia 7.77 % change on previous year compare
- 75 Central African Republic 7.67 % change on previous year compare
- 76 Yugoslav SFR 7.56 % change on previous year compare
- 77 Bhutan 7.49 % change on previous year compare
More economy & growth data for Monaco
- Industry (including construction), value added (constant LCU), per 20,048 constant LCU per person (2014)
- Industry (including construction), value added (current US$), 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 us$, annual growth rate in Monaco?
- Gross domestic product — value us$, annual growth rate in Monaco was 7.69 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross domestic product — value us$, annual growth rate recorded in Monaco?
- The highest recorded value was 39.47 % change on previous year in 1986.
- What is the lowest gross domestic product — value us$, annual growth rate recorded in Monaco?
- The lowest recorded value was -15.82 % change on previous year in 2009.
- How does Monaco rank for gross domestic product — value us$, annual growth rate?
- Monaco ranks 74th out of 236 countries with data for 2024.
- Is gross domestic product — value us$, annual growth rate rising or falling in Monaco?
- Over the last ten years it is down 2.0%. 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 US$, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross Domestic Product — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Domestic Product — Value US$ 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 US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.