Gross Fixed Capital Formation — Value Standard Local Currency in Monaco
Monaco: Gross Fixed Capital Formation — Value Standard Local Currency was 2,281 million SLC in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency in Monaco, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2024, gross fixed capital formation — value standard local currency in Monaco stood at 2,281 million SLC. That is the highest value across all 55 years on record.
The figure is up 6.6% on the previous year and up 104.2% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency in Monaco peaked at 2,281 million SLC in 2024 and was at its lowest, 62.77 million SLC, in 1970.
That places Monaco 193rd out of 230 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value Standard Local Currency in Monaco, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 62.77 million SLC | — |
| 1971 | 70.74 million SLC | +12.7% |
| 1972 | 79.42 million SLC | +12.3% |
| 1973 | 92.44 million SLC | +16.4% |
| 1974 | 110.65 million SLC | +19.7% |
| 1975 | 117.47 million SLC | +6.2% |
| 1976 | 133.48 million SLC | +13.6% |
| 1977 | 144.51 million SLC | +8.3% |
| 1978 | 160.98 million SLC | +11.4% |
| 1979 | 182.97 million SLC | +13.7% |
| 1980 | 214.96 million SLC | +17.5% |
| 1981 | 237.49 million SLC | +10.5% |
| 1982 | 265.61 million SLC | +11.8% |
| 1983 | 277.58 million SLC | +4.5% |
| 1984 | 291.63 million SLC | +5.1% |
| 1985 | 309.75 million SLC | +6.2% |
| 1986 | 332.8 million SLC | +7.4% |
| 1987 | 359.95 million SLC | +8.2% |
| 1988 | 402.08 million SLC | +11.7% |
| 1989 | 443.49 million SLC | +10.3% |
| 1990 | 473.03 million SLC | +6.7% |
| 1991 | 485.28 million SLC | +2.6% |
| 1992 | 475.98 million SLC | -1.9% |
| 1993 | 448.65 million SLC | -5.7% |
| 1994 | 455.96 million SLC | +1.6% |
| 1995 | 461.76 million SLC | +1.3% |
| 1996 | 467.74 million SLC | +1.3% |
| 1997 | 470.65 million SLC | +0.6% |
| 1998 | 502.19 million SLC | +6.7% |
| 1999 | 542.84 million SLC | +8.1% |
| 2000 | 592.87 million SLC | +9.2% |
| 2001 | 616.07 million SLC | +3.9% |
| 2002 | 619.83 million SLC | +0.6% |
| 2003 | 641.11 million SLC | +3.4% |
| 2004 | 681.13 million SLC | +6.2% |
| 2005 | 720.18 million SLC | +5.7% |
| 2006 | 801.94 million SLC | +11.4% |
| 2007 | 970.63 million SLC | +21.0% |
| 2008 | 1,016 million SLC | +4.7% |
| 2009 | 842.91 million SLC | -17.0% |
| 2010 | 871.14 million SLC | +3.3% |
| 2011 | 950.59 million SLC | +9.1% |
| 2012 | 969.51 million SLC | +2.0% |
| 2013 | 1,051 million SLC | +8.4% |
| 2014 | 1,117 million SLC | +6.2% |
| 2015 | 1,162 million SLC | +4.1% |
| 2016 | 1,225 million SLC | +5.4% |
| 2017 | 1,221 million SLC | -0.3% |
| 2018 | 1,333 million SLC | +9.1% |
| 2019 | 1,481 million SLC | +11.1% |
| 2020 | 1,324 million SLC | -10.6% |
| 2021 | 1,715 million SLC | +29.5% |
| 2022 | 1,980 million SLC | +15.5% |
| 2023 | 2,139 million SLC | +8.0% |
| 2024 | 2,281 million SLC | +6.6% |
Monaco compared with similar countries
- Monaco's 2,281 million SLC is below the median for high income countries, which is 36,467 million SLC, 6% of the median. (73 countries reporting)
- Monaco's 2,281 million SLC is below the median for Europe & Central Asia, which is 116,713 million SLC, 2% of the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 115.54 million SLC | 62.77 million SLC | 182.97 million SLC | 10 |
| 1980s | 313.54 million SLC | 214.96 million SLC | 443.49 million SLC | 10 |
| 1990s | 478.41 million SLC | 448.65 million SLC | 542.84 million SLC | 10 |
| 2000s | 750.27 million SLC | 592.87 million SLC | 1,016 million SLC | 10 |
| 2010s | 1,138 million SLC | 871.14 million SLC | 1,481 million SLC | 10 |
| 2020s | 1,888 million SLC | 1,324 million SLC | 2,281 million SLC | 5 |
Countries ranked near Monaco
- 191 Eritrea 2,623 million SLC compare
- 192 Netherlands Antilles (former) 2,504 million SLC compare
- 194 Barbados 2,264 million SLC compare
- 195 Antigua and Barbuda 2,195 million SLC compare
- 196 Fiji 2,186 million SLC compare
More economy & growth data for Monaco
- Industry (including construction), value added (current LCU), per 34,050 current LCU per person (2024)
- Industry (including construction), value added (current US$), annual 23.73 % change on previous year (2024)
- Industry (including construction), value added (current US$), per 0.128 current US$ per US$ of GDP (2024)
- Industry (including construction), value added (current US$), per 36,855 current US$ per person (2024)
- Industry (including construction), value added (current LCU), per 0.1182 current LCU per US$ of GDP (2024)
- Industry (including construction), value added (current LCU), annual 23.6 % change on previous year (2024)
- GDP (constant 2015 US$), per capita 247,170 constant 2015 US$ per person (2024)
- Gross value added at basic prices (GVA) (constant LCU), per capita 158,736 constant LCU per person (2014)
- GDP (current US$), annual growth rate 11.21 % change on previous year (2024)
- GDP (current US$), per capita 288,002 current US$ per person (2024)
Frequently asked questions
- What is gross fixed capital formation — value standard local currency in Monaco?
- Gross fixed capital formation — value standard local currency in Monaco was 2,281 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value standard local currency recorded in Monaco?
- The highest recorded value was 2,281 million SLC in 2024.
- What is the lowest gross fixed capital formation — value standard local currency recorded in Monaco?
- The lowest recorded value was 62.77 million SLC in 1970.
- How does Monaco rank for gross fixed capital formation — value standard local currency?
- Monaco ranks 193rd out of 230 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency rising or falling in Monaco?
- Over the last ten years it is up 104.2%. The long-run trend across the full record is volatile.
- Where does this Monaco data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).