Inflation, GDP deflator: linked series in Monaco
Monaco: Inflation, GDP deflator: linked series was 2.4% in 2024. ◆ Volatile
Inflation, GDP deflator: linked series in Monaco, 1990–2024
Source: Staff estimates, World Bank (WB). Measured in annual %.
Analysis
The most recent figure for inflation, gdp deflator: linked series 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: linked series in Monaco peaked at 5.0% in 2023 and was at its lowest, -0.2%, in 2004.
That places Monaco 140th out of 212 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.
Inflation, GDP deflator: linked series in Monaco, year by year
| Year | annual % | Change |
|---|---|---|
| 1990 | 2.6% | — |
| 1991 | 2.5% | -3.8% |
| 1992 | 2.1% | -16.1% |
| 1993 | 1.6% | -27.2% |
| 1994 | 1.3% | -13.4% |
| 1995 | 1.3% | -2.7% |
| 1996 | 1.6% | +22.7% |
| 1997 | 1.0% | -36.8% |
| 1998 | 0.9% | -11.1% |
| 1999 | 0.0% | -94.8% |
| 2000 | 1.4% | +2858.5% |
| 2001 | 1.6% | +17.9% |
| 2002 | 2.4% | +44.3% |
| 2003 | 1.9% | -20.9% |
| 2004 | -0.2% | -112.8% |
| 2005 | 2.0% | -943.3% |
| 2006 | 2.1% | +5.5% |
| 2007 | 2.6% | +19.1% |
| 2008 | 2.4% | -7.6% |
| 2009 | 0.1% | -95.0% |
| 2010 | 1.1% | +798.8% |
| 2011 | 0.9% | -11.4% |
| 2012 | 1.2% | +22.5% |
| 2013 | 0.8% | -33.0% |
| 2014 | 0.6% | -24.6% |
| 2015 | 1.1% | +93.1% |
| 2016 | 0.5% | -54.4% |
| 2017 | 0.6% | +13.8% |
| 2018 | 1.1% | +89.8% |
| 2019 | 1.2% | +8.5% |
| 2020 | 3.0% | +146.4% |
| 2021 | 1.2% | -59.0% |
| 2022 | 3.0% | +147.0% |
| 2023 | 5.0% | +65.5% |
| 2024 | 2.4% | -52.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 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
- 137 Belgium 2.6% compare
- 138 Canada 2.6% compare
- 139 Cayman Islands 2.4% compare
- 141 Indonesia 2.4% compare
- 142 Central African Republic 2.3% compare
- 143 Puerto Rico 2.3% compare
More financial sector data for Monaco
- Net migration, annual growth rate -9.09 % change on previous year (2025)
- Net migration 100 (2025)
- Official exchange rate 0.885 LCU per US$, period average (2025)
- GDP deflator: linked series 112.09 base year varies by country (2024)
- Banking crisis dummy 0 1=banking crisis, 0=none (2017)
- Outward Direct investment, Assets (gross), All financial instruments 13.93 million (2024)
- Inward Direct investment, Assets (gross), All financial instruments 436,338 (2024)
- Loans from nonresident banks (amounts outstanding) to GDP 0.9% (2018)
- Bank nonperforming loans to total gross loans 0.2% (2019)
- Rate 1.24 (2024)
Frequently asked questions
- What is inflation, gdp deflator: linked series in Monaco?
- Inflation, gdp deflator: linked series in Monaco was 2.4% in 2024, according to Staff estimates, World Bank (WB).
- What is the highest inflation, gdp deflator: linked series recorded in Monaco?
- The highest recorded value was 5.0% in 2023.
- What is the lowest inflation, gdp deflator: linked series recorded in Monaco?
- The lowest recorded value was -0.2% in 2004.
- How does Monaco rank for inflation, gdp deflator: linked series?
- Monaco ranks 140th out of 212 countries with data for 2024.
- Is inflation, gdp deflator: linked series 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 Staff estimates, World Bank (WB), published as part of Inflation, GDP deflator: linked series (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. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.