Inflation, GDP deflator in Monaco
Monaco: Inflation, GDP deflator was 2.4% in 2024. ◆ Volatile
Inflation, GDP deflator in Monaco, 1971–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual %.
Analysis
The most recent figure for inflation, gdp deflator in Monaco is 2.4%, measured in 2024.
That represents a change of down 52.2% on the previous year and up 306.7% over ten years.
Over the whole period, inflation, gdp deflator in Monaco peaked at 13.7% in 1975 and was at its lowest, -0.2%, in 2004.
That places Monaco 141st out of 213 countries with data for 2024, putting it in the middle of the range.
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 | 9.4% | 6.0% | 13.7% | 9 |
| 1980s | 7.1% | 2.8% | 12.0% | 10 |
| 1990s | 1.5% | 0.0% | 2.6% | 10 |
| 2000s | 1.6% | -0.2% | 2.6% | 10 |
| 2010s | 0.9% | 0.5% | 1.2% | 10 |
| 2020s | 2.9% | 1.2% | 5.0% | 5 |
Countries ranked near Monaco
- 138 Belgium 2.6% compare
- 139 Canada 2.6% compare
- 140 Cayman Islands 2.4% compare
- 142 Indonesia 2.4% compare
- 143 Central African Republic 2.3% compare
- 144 Puerto Rico 2.3% compare
More economy & growth data for Monaco
- GDP per capita 288,002 current US$ (2024)
- Gross value added at basic prices (GVA) 5.73 billion constant LCU (2014)
- GDP 11.13 billion current US$ (2024)
- GDP 10.28 billion current LCU (2024)
- GDP 9.55 billion constant 2015 US$ (2024)
- GDP growth 8.5% (2024)
- GDP 9.17 billion constant LCU (2024)
- GDP per capita growth 9.4% (2024)
- DEC alternative conversion factor 0.885 LCU per US$ (2025)
- GDP per capita 237,372 constant LCU (2024)
Frequently asked questions
- What is inflation, gdp deflator in Monaco?
- Inflation, gdp deflator in Monaco was 2.4% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest inflation, gdp deflator recorded in Monaco?
- The highest recorded value was 13.7% in 1975.
- What is the lowest inflation, gdp deflator recorded in Monaco?
- The lowest recorded value was -0.2% in 2004.
- How does Monaco rank for inflation, gdp deflator?
- Monaco ranks 141st out of 213 countries with data for 2024.
- Is inflation, gdp deflator rising or falling in Monaco?
- Over the last ten years it is up 306.7%. The long-run trend across the full record is volatile.
- Where does this Monaco data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Inflation, GDP deflator (annual %). Statizoid updates them automatically from the source API.
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About this data
Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.