GDP growth (annual %) (UNESCO Institute) in Monaco
Monaco: GDP growth (annual %) (UNESCO Institute) was 5.0% in 2023. ◆ Volatile
GDP growth in Monaco, 1971–2023
Source: UNESCO Institute for Statistics. Measured in annual %.
Analysis
The most recent figure for gdp growth in Monaco is 5.0%, 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 growth in Monaco peaked at 22.2% in 2021 and was at its lowest, -13.2%, 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 growth (annual %) (UNESCO Institute) in Monaco, year by year
| Year | annual % | Change |
|---|---|---|
| 1971 | 5.2% | — |
| 1972 | 4.6% | -11.1% |
| 1973 | 6.6% | +41.0% |
| 1974 | 4.5% | -31.7% |
| 1975 | -1.0% | -121.7% |
| 1976 | 4.4% | -553.6% |
| 1977 | 3.6% | -19.5% |
| 1978 | 4.0% | +11.3% |
| 1979 | 3.5% | -10.6% |
| 1980 | 1.7% | -52.3% |
| 1981 | 0.9% | -45.3% |
| 1982 | 2.4% | +163.7% |
| 1983 | 1.2% | -50.9% |
| 1984 | 1.5% | +24.2% |
| 1985 | 1.7% | +15.1% |
| 1986 | 2.5% | +43.5% |
| 1987 | 2.5% | +1.3% |
| 1988 | 4.6% | +85.1% |
| 1989 | 4.2% | -9.5% |
| 1990 | 2.6% | -36.5% |
| 1991 | 1.0% | -61.6% |
| 1992 | 1.4% | +34.6% |
| 1993 | -0.9% | -166.9% |
| 1994 | 2.2% | -342.4% |
| 1995 | 2.1% | -4.4% |
| 1996 | 1.1% | -47.5% |
| 1997 | 2.2% | +101.4% |
| 1998 | 3.5% | +56.6% |
| 1999 | 3.3% | -5.8% |
| 2000 | 3.9% | +18.5% |
| 2001 | 2.2% | -44.1% |
| 2002 | 1.0% | -53.1% |
| 2003 | 1.1% | +5.9% |
| 2004 | 2.5% | +127.2% |
| 2005 | 1.9% | -23.3% |
| 2006 | 5.8% | +206.9% |
| 2007 | 14.4% | +148.2% |
| 2008 | 0.7% | -94.8% |
| 2009 | -11.3% | -1617.9% |
| 2010 | 2.1% | -118.2% |
| 2011 | 7.0% | +240.0% |
| 2012 | 1.0% | -85.6% |
| 2013 | 9.6% | +846.1% |
| 2014 | 7.2% | -25.0% |
| 2015 | 4.9% | -31.7% |
| 2016 | 3.0% | -38.7% |
| 2017 | -3.2% | -206.6% |
| 2018 | 5.7% | -277.7% |
| 2019 | 7.1% | +25.0% |
| 2020 | -13.2% | -285.9% |
| 2021 | 22.2% | -267.9% |
| 2022 | 11.0% | -50.3% |
| 2023 | 5.0% | -54.3% |
Monaco compared with similar countries
- Monaco's 5.0% is above the median for high income countries, which is 2.3%, 2.2× the median. (83 countries reporting)
- Monaco's 5.0% is above the median for Europe & Central Asia, which is 2.3%, 2.2× the median. (55 countries reporting)
Biggest year-on-year movements
Years where GDP growth (annual %) (UNESCO Institute) 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% | 0.7% | -11.3% |
| 2013 | +846.1% | 1.0% | 9.6% |
| 1976 | +553.6% | -1.0% | 4.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.9% | -1.0% | 6.6% | 9 |
| 1980s | 2.3% | 0.9% | 4.6% | 10 |
| 1990s | 1.9% | -0.9% | 3.5% | 10 |
| 2000s | 2.2% | -11.3% | 14.4% | 10 |
| 2010s | 4.4% | -3.2% | 9.6% | 10 |
| 2020s | 6.3% | -13.2% | 22.2% | 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)
- Population growth rate 0.64 (2100)
- Population density 22,797 (2100)
- Projected population under age 5 2,551 (2100)
- Population growth rate by level of development 0.64 (2100)
Frequently asked questions
- What is gdp growth in Monaco?
- Gdp growth in Monaco was 5.0% in 2023, according to UNESCO Institute for Statistics.
- What is the highest gdp growth recorded in Monaco?
- The highest recorded value was 22.2% in 2021.
- What is the lowest gdp growth recorded in Monaco?
- The lowest recorded value was -13.2% in 2020.
- How does Monaco rank for gdp growth?
- Monaco ranks 39th out of 212 countries with data for 2023.
- Is gdp growth 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 UNESCO Institute for Statistics, published as part of GDP growth (annual %). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 53 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release