Annual change in GDP and CO₂ emissions in Monaco

Monaco: Annual change in GDP and CO₂ emissions was 8.5% in 2024. ◆ Volatile

Latest (2024)
8.5%
Change on year
up 56.3%
World rank
9th
of 212 countries
All-time high
22.2%
in 2021
All-time low
-13.2%
in 2020
Years of data
54
1971–2024

Annual change in GDP and CO₂ emissions in Monaco, 1971–2024

-1001020197119972024

Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Measured in annual %.

Analysis

Monaco recorded 8.5% for annual change in gdp and co₂ emissions in 2024.

That represents a change of up 56.3% on the previous year and up 18.4% over ten years.

Over the whole period, annual change in gdp and co₂ emissions in Monaco peaked at 22.2% in 2021 and was at its lowest, -13.2%, in 2020.

Monaco ranks 9th of 212 countries on this measure, in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Annual change in GDP and CO₂ emissions in Monaco, year by year

Annual values for Annual change in GDP and CO₂ emissions in Monaco, 1971 to 2024.
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 11.3% -49.3%
2023 5.4% -51.7%
2024 8.5% +56.3%

Monaco compared with similar countries

  • Monaco's 8.5% is above the median for high income countries, which is 2.1%, 4.0× the median. (83 countries reporting)
  • Monaco's 8.5% is above the median for Europe & Central Asia, which is 1.9%, 4.6× the median. (55 countries reporting)

Biggest year-on-year movements

Years where Annual change in GDP and CO₂ emissions 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.

YearChange FromTo
2009 -1617.9% 0.7% -11.3%
2013 +846.1% 1.0% 9.6%
1976 +553.6% -1.0% 4.4%

Averages by decade

DecadeAverage LowestHighest 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 6.8% -13.2% 22.2% 5

Countries ranked near Monaco

  1. 6 Ethiopia 9.8% compare
  2. 7 Rwanda 9.4% compare
  3. 8 Eritrea 8.7% compare
  4. 10 Tajikistan 8.4% compare
  5. 11 Zimbabwe 8.1% compare
  6. 12 Benin 8.1% compare

See the full ranking of 212 places →

More climate change data for Monaco

All data for Monaco →

Frequently asked questions

What is annual change in gdp and co₂ emissions in Monaco?
Annual change in gdp and co₂ emissions in Monaco was 8.5% in 2024, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data.
What is the highest annual change in gdp and co₂ emissions recorded in Monaco?
The highest recorded value was 22.2% in 2021.
What is the lowest annual change in gdp and co₂ emissions recorded in Monaco?
The lowest recorded value was -13.2% in 2020.
How does Monaco rank for annual change in gdp and co₂ emissions?
Monaco ranks 9th out of 212 countries with data for 2024.
Is annual change in gdp and co₂ emissions rising or falling in Monaco?
Over the last ten years it is up 18.4%. The long-run trend across the full record is volatile.
Where does this Monaco data come from?
The figures come from National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as part of Annual change in GDP and CO₂ emissions. Statizoid updates them automatically from the source API.

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Annual change in GDP and CO₂ emissions in Monaco. Statizoid, drawing on National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Retrieved 22 September 2026, from https://climate.statizoid.com/stat/co2-gdp-growth/monaco/

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About this data

Indicator
Annual change in GDP and CO₂ emissions
Unit
annual %
Source
National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
212 places, 11,377 data points, 1961–2025
Last refreshed

Percentage change in gross domestic product (GDP) and carbon dioxide (CO₂) emissions.