GDP growth in Monaco
Monaco: GDP growth was 5.0% in 2023. β Volatile
Latest (2023)
5.0%
Change on year
down 54.3%
World rank
39th
of 209 countries
All-time high
22.2%
in 2021
All-time low
-13.2%
in 2020
Years of data
53
1971β2023
GDP growth in Monaco, 1971β2023
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 209 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
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 growth rate by level of development 0.64 (2100)
- Projected population under age 5 2,551 (2100)
- Population density 22,797 (2100)
- Population growth rate 0.64 (2100)
- Fertility and wanted fertility 2.1 (2024)
- Refugee population by country or territory of asylum 17 (2024)
- Fertility vs unmet contraception 2.1 (2024)
- Fertility vs contraception 2.1 (2024)
- Natural population growth -1.15 (2023)
- Fertility rate with projections 2.11 (2023)
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 209 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 Β· JSON β 53 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release