Gross National Income — Value Standard Local Currency, annual growth in Monaco
Monaco: Gross National Income — Value Standard Local Currency, annual growth was 10.61 % change on previous year in 2023. ◆ Volatile
Gross National Income — Value Standard Local Currency, annual growth in Monaco, 1971–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross national income — value standard local currency, annual growth in Monaco is 10.61 % change on previous year, measured in 2023.
Compared with earlier readings it is down 27.4% on the previous year and up 1.8% over ten years.
Over the whole period, gross national income — value standard local currency, annual growth in Monaco peaked at 23.73 % change on previous year in 2021 and was at its lowest, -11.23 % change on previous year, in 2009.
That places Monaco 80th out of 231 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross National Income — Value Standard Local Currency, annual growth in Monaco, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 11.53 % change on previous year | — |
| 1972 | 11.62 % change on previous year | +0.8% |
| 1973 | 14.7 % change on previous year | +26.5% |
| 1974 | 16.64 % change on previous year | +13.2% |
| 1975 | 12.66 % change on previous year | -23.9% |
| 1976 | 15.57 % change on previous year | +23.0% |
| 1977 | 12.54 % change on previous year | -19.5% |
| 1978 | 13.63 % change on previous year | +8.6% |
| 1979 | 14.23 % change on previous year | +4.4% |
| 1980 | 13.45 % change on previous year | -5.5% |
| 1981 | 12.89 % change on previous year | -4.2% |
| 1982 | 14.9 % change on previous year | +15.7% |
| 1983 | 11.01 % change on previous year | -26.1% |
| 1984 | 8.69 % change on previous year | -21.1% |
| 1985 | 7.16 % change on previous year | -17.5% |
| 1986 | 7.51 % change on previous year | +4.8% |
| 1987 | 5.08 % change on previous year | -32.4% |
| 1988 | 8.09 % change on previous year | +59.2% |
| 1989 | 7.77 % change on previous year | -3.9% |
| 1990 | 5.66 % change on previous year | -27.2% |
| 1991 | 3.62 % change on previous year | -36.0% |
| 1992 | 3.6 % change on previous year | -0.7% |
| 1993 | 0.985 % change on previous year | -72.6% |
| 1994 | 3.3 % change on previous year | +235.5% |
| 1995 | 3.26 % change on previous year | -1.5% |
| 1996 | 2.79 % change on previous year | -14.3% |
| 1997 | 3.24 % change on previous year | +16.0% |
| 1998 | 4.57 % change on previous year | +41.3% |
| 1999 | 3.63 % change on previous year | -20.6% |
| 2000 | 5.54 % change on previous year | +52.5% |
| 2001 | 4.03 % change on previous year | -27.2% |
| 2002 | 3.23 % change on previous year | -20.0% |
| 2003 | 2.7 % change on previous year | -16.4% |
| 2004 | 4.5 % change on previous year | +66.7% |
| 2005 | 3.63 % change on previous year | -19.3% |
| 2006 | 8.09 % change on previous year | +122.7% |
| 2007 | 17.37 % change on previous year | +114.7% |
| 2008 | 3.13 % change on previous year | -82.0% |
| 2009 | -11.23 % change on previous year | -459.2% |
| 2010 | 3.16 % change on previous year | -128.1% |
| 2011 | 8.04 % change on previous year | +154.5% |
| 2012 | 2.19 % change on previous year | -72.8% |
| 2013 | 10.43 % change on previous year | +377.0% |
| 2014 | 7.82 % change on previous year | -25.1% |
| 2015 | 6.1 % change on previous year | -22.0% |
| 2016 | 3.54 % change on previous year | -42.0% |
| 2017 | -2.64 % change on previous year | -174.5% |
| 2018 | 6.88 % change on previous year | -360.7% |
| 2019 | 8.42 % change on previous year | +22.4% |
| 2020 | -10.65 % change on previous year | -226.6% |
| 2021 | 23.73 % change on previous year | -322.7% |
| 2022 | 14.62 % change on previous year | -38.4% |
| 2023 | 10.61 % change on previous year | -27.4% |
Biggest year-on-year movements
Years where Gross National Income — Value Standard Local Currency, annual growth 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 | -459.2% | 3.13 % change on previous year | -11.23 % change on previous year |
| 2013 | +377.0% | 2.19 % change on previous year | 10.43 % change on previous year |
| 2018 | +360.7% | -2.64 % change on previous year | 6.88 % change on previous year |
| 2021 | +322.7% | -10.65 % change on previous year | 23.73 % change on previous year |
| 1994 | +235.5% | 0.985 % change on previous year | 3.3 % change on previous year |
| 2020 | -226.6% | 8.42 % change on previous year | -10.65 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 13.68 % change on previous year | 11.53 % change on previous year | 16.64 % change on previous year | 9 |
| 1980s | 9.66 % change on previous year | 5.08 % change on previous year | 14.9 % change on previous year | 10 |
| 1990s | 3.47 % change on previous year | 0.985 % change on previous year | 5.66 % change on previous year | 10 |
| 2000s | 4.1 % change on previous year | -11.23 % change on previous year | 17.37 % change on previous year | 10 |
| 2010s | 5.39 % change on previous year | -2.64 % change on previous year | 10.43 % change on previous year | 10 |
| 2020s | 9.58 % change on previous year | -10.65 % change on previous year | 23.73 % change on previous year | 4 |
Countries ranked near Monaco
- 77 Tajikistan 10.67 % change on previous year compare
- 78 Mauritania 10.65 % change on previous year compare
- 79 Bulgaria 10.63 % change on previous year compare
- 81 Aruba 10.59 % change on previous year compare
- 82 Honduras 10.57 % change on previous year compare
- 83 Georgia 10.5 % 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$), annual 23.73 % change on previous year (2024)
- Services, value added (current US$), annual growth rate 9.59 % 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)
- Industry (including construction), value added (current LCU), per 34,050 current LCU per person (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 0.1182 current LCU per US$ of GDP (2024)
- Gdp worldbank constant usd, per unit of GDP 0.8582 units per US$ of GDP (2024)
Frequently asked questions
- What is gross national income — value standard local currency, annual growth in Monaco?
- Gross national income — value standard local currency, annual growth in Monaco was 10.61 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest gross national income — value standard local currency, annual growth recorded in Monaco?
- The highest recorded value was 23.73 % change on previous year in 2021.
- What is the lowest gross national income — value standard local currency, annual growth recorded in Monaco?
- The lowest recorded value was -11.23 % change on previous year in 2009.
- How does Monaco rank for gross national income — value standard local currency, annual growth?
- Monaco ranks 80th out of 231 countries with data for 2023.
- Is gross national income — value standard local currency, annual growth rising or falling in Monaco?
- Over the last ten years it is up 1.8%. 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 National Income — Value Standard Local Currency, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 53 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 National Income — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross National Income — Value Standard Local Currency 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 National Income — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.