Monaco GDP Growth Rate 1971-2024

Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.
  • Monaco gdp growth rate for 2022 was 11.10%, a 10.77% decline from 2021.
  • Monaco gdp growth rate for 2021 was 21.87%, a 34.88% increase from 2020.
  • Monaco gdp growth rate for 2020 was -13.01%, a 20.09% decline from 2019.
  • Monaco gdp growth rate for 2019 was 7.08%, a 1.3% increase from 2018.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name GDP Growth (%)
Seychelles 14.98%
Barbados 13.48%
Monaco 11.10%
Panama 10.81%
Bahamas 10.78%
St. Kitts and Nevis 10.52%
Aruba 10.46%
Sint Maarten (Dutch part) 9.80%
Andorra 9.56%
Antigua and Barbuda 9.52%
Ireland 9.43%
Iceland 8.88%
Malta 8.08%
Curacao 7.90%
UAE 7.85%
Channel Islands 7.81%
Saudi Arabia 7.49%
Croatia 7.03%
Israel 6.83%
Portugal 6.83%
Bermuda 6.43%
Turks and Caicos Islands 6.20%
Kuwait 6.14%
Spain 5.77%
Poland 5.64%
Greece 5.56%
Faroe Islands 5.40%
Cayman Islands 5.16%
Guam 5.10%
Cyprus 5.06%
Argentina 4.96%
Bahrain 4.89%
Austria 4.81%
Uruguay 4.71%
Hungary 4.58%
French Polynesia 4.47%
United Kingdom 4.35%
Netherlands 4.33%
Oman 4.31%
Australia 4.27%
Qatar 4.21%
Italy 3.99%
Singapore 3.84%
Canada 3.82%
Puerto Rico 3.57%
New Caledonia 3.50%
Belgium 3.01%
Norway 3.01%
Latvia 2.95%
New Zealand 2.77%
Denmark 2.73%
Sweden 2.66%
South Korea 2.61%
Switzerland 2.57%
Slovenia 2.46%
France 2.45%
Lithuania 2.44%
Czech Republic 2.35%
Chile 2.06%
United States 1.94%
Slovak Republic 1.87%
Germany 1.81%
Trinidad and Tobago 1.48%
Luxembourg 1.38%
Finland 1.34%
Japan 0.95%
Palau -0.36%
Estonia -0.46%
Brunei -1.63%
Hong Kong -3.68%
Macao -21.40%
Monaco GDP Growth Rate - Historical Data
Year GDP Growth (%) Annual Change
2022 11.10% -10.77%
2021 21.87% 34.88%
2020 -13.01% -20.09%
2019 7.08% 1.30%
2018 5.78% 8.82%
2017 -3.04% -6.01%
2016 2.96% -1.90%
2015 4.86% -2.32%
2014 7.19% -2.39%
2013 9.58% 8.56%
2012 1.01% -6.01%
2011 7.02% 4.96%
2010 2.07% 13.40%
2009 -11.33% -12.07%
2008 0.74% -13.70%
2007 14.44% 8.64%
2006 5.79% 3.92%
2005 1.88% -0.59%
2004 2.47% 1.38%
2003 1.09% 0.06%
2002 1.03% -1.16%
2001 2.19% -1.72%
2000 3.91% 0.61%
1999 3.30% -0.20%
1998 3.50% 1.27%
1997 2.24% 1.13%
1996 1.11% -1.01%
1995 2.12% -0.10%
1994 2.22% 3.13%
1993 -0.91% -2.28%
1992 1.37% 0.35%
1991 1.02% -1.63%
1990 2.64% -1.52%
1989 4.16% -0.43%
1988 4.60% 2.11%
1987 2.48% 0.03%
1986 2.45% 0.74%
1985 1.71% 0.22%
1984 1.48% 0.29%
1983 1.20% -1.24%
1982 2.43% 1.51%
1981 0.92% -0.76%
1980 1.69% -1.85%
1979 3.53% -0.42%
1978 3.95% 0.40%
1977 3.55% -0.86%
1976 4.41% 5.38%
1975 -0.97% -5.45%
1974 4.47% -2.08%
1973 6.55% 1.91%
1972 4.65% -0.58%
1971 5.23% -0.58%