GDP (constant LCU), annual growth rate in Monaco
Monaco: GDP (constant LCU), annual growth rate was 5.04 % change on previous year in 2023. ◆ Volatile
GDP (constant LCU), annual growth rate in Monaco, 1971–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gdp (constant lcu), annual growth rate in Monaco is 5.04 % change on previous year, measured in 2023.
The figure is down 54.3% on the previous year and down 47.3% 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 39th of 212 countries on this measure, in the top quarter.
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 | 11.05 % change on previous year | -50.3% |
| 2023 | 5.04 % change on previous year | -54.3% |
Monaco compared with similar countries
- Monaco's 5.04 % change on previous year is above the median for high income countries, which is 2.27 % change on previous year, 2.2× the median. (83 countries reporting)
- Monaco's 5.04 % change on previous year is above the median for Europe & Central Asia, which is 2.27 % change on previous year, 2.2× the median. (55 countries reporting)
Biggest year-on-year movements
Years where GDP (constant LCU), 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 |
|---|---|---|---|
| 2009 | -1617.9% | 0.7469 % change on previous year | -11.34 % change on previous year |
| 2013 | +846.1% | 1.01 % change on previous year | 9.58 % change on previous year |
| 1976 | +553.5% | -0.9727 % change on previous year | 4.41 % change on previous year |
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 | 6.27 % change on previous year | -13.24 % change on previous year | 22.23 % change on previous year | 4 |
Countries ranked near Monaco
More population data for Monaco
- Population regions with projections, annual growth rate 0.6461 % change on previous year (2100)
- Population long run with projections, annual growth rate 0.6461 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate 0.5514 % change on previous year (2100)
- Africa's Development Dynamics (AfDD) Table 05 - Demographic estimates 37.66 Persons (2050)
- Africa's Development Dynamics (AfDD) Table 03 - Annual population 0 Percent per annum (2030)
- Projected population under age 5, annual growth rate 0.2752 % change on previous year (2100)
- World population growth 0.6% (2100)
- Population density 22,797 people per km² (2100)
- Number of children under 5, by world region 2,551 people (2100)
- Population growth rate, by level of development 0.6% (2100)
Frequently asked questions
- What is gdp (constant lcu), annual growth rate in Monaco?
- Gdp (constant lcu), annual growth rate in Monaco was 5.04 % change on previous year in 2023, 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 39th out of 212 countries with data for 2023.
- Is gdp (constant lcu), annual growth rate rising or falling in Monaco?
- Over the last ten years it is down 47.3%. 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 — 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 GDP (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GDP UNESCO Institute for Statistics
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.