Gross value added at basic prices (GVA) in Monaco
Monaco: Gross value added at basic prices (GVA) was 11.13 billion current US$ in 2024. ▲ Rising
Gross value added at basic prices (GVA) in Monaco, 2010–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2024, gross value added at basic prices (gva) in Monaco stood at 11.13 billion current US$. That is the highest value across all 15 years on record.
The figure is up 11.2% on the previous year and up 57.4% over ten years.
Over the whole period, gross value added at basic prices (gva) in Monaco peaked at 11.13 billion current US$ in 2024 and was at its lowest, 5.37 billion current US$, in 2010.
That places Monaco 150th out of 207 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 15 years of available data.
Gross value added at basic prices (GVA) in Monaco, year by year
| Year | current US$ | Change |
|---|---|---|
| 2010 | 5.37 billion current US$ | — |
| 2011 | 6.09 billion current US$ | +13.4% |
| 2012 | 5.74 billion current US$ | -5.7% |
| 2013 | 6.56 billion current US$ | +14.1% |
| 2014 | 7.07 billion current US$ | +7.9% |
| 2015 | 6.26 billion current US$ | -11.4% |
| 2016 | 6.47 billion current US$ | +3.3% |
| 2017 | 6.43 billion current US$ | -0.6% |
| 2018 | 7.18 billion current US$ | +11.7% |
| 2019 | 7.38 billion current US$ | +2.8% |
| 2020 | 6.73 billion current US$ | -8.8% |
| 2021 | 8.62 billion current US$ | +28.1% |
| 2022 | 8.80 billion current US$ | +2.1% |
| 2023 | 10.00 billion current US$ | +13.7% |
| 2024 | 11.13 billion current US$ | +11.2% |
Monaco compared with similar countries
- Monaco's 11.13 billion current US$ is below the median for high income countries, which is 110.20 billion current US$, 10% of the median. (77 countries reporting)
- Monaco's 11.13 billion current US$ is below the median for Europe & Central Asia, which is 89.25 billion current US$, 12% of the median. (56 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 6.46 billion current US$ | 5.37 billion current US$ | 7.38 billion current US$ | 10 |
| 2020s | 9.06 billion current US$ | 6.73 billion current US$ | 11.13 billion current US$ | 5 |
Countries ranked near Monaco
- 147 Equatorial Guinea 12.71 billion current US$ compare
- 148 Channel Islands 12.51 billion current US$ compare
- 149 Togo 12.25 billion current US$ compare
- 151 Mauritania 10.75 billion current US$ compare
- 152 Lebanon 10.23 billion current US$ compare
- 153 Kosovo 9.78 billion current US$ compare
- 153 Kosovo (UNSCR 1244) 9.78 billion current US$ compare
More economy & growth data for Monaco
- Industry (including construction), value added (constant LCU), per 20,048 constant LCU per person (2014)
- 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), annual 23.6 % change on previous year (2024)
- Services, value added (current US$), annual growth rate 9.59 % change on previous year (2024)
- Industry (including construction), value added (current LCU), per 0.1182 current LCU per US$ of GDP (2024)
- Industry (including construction), value added (constant LCU), per 0.1024 constant LCU per US$ of GDP (2014)
- Industry (including construction), value added (current LCU), per 34,050 current LCU per person (2024)
- Gdp worldbank constant usd, per unit of GDP 0.8582 units per US$ of GDP (2024)
Frequently asked questions
- What is gross value added at basic prices (gva) in Monaco?
- Gross value added at basic prices (gva) in Monaco was 11.13 billion current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross value added at basic prices (gva) recorded in Monaco?
- The highest recorded value was 11.13 billion current US$ in 2024.
- What is the lowest gross value added at basic prices (gva) recorded in Monaco?
- The lowest recorded value was 5.37 billion current US$ in 2010.
- How does Monaco rank for gross value added at basic prices (gva)?
- Monaco ranks 150th out of 207 countries with data for 2024.
- Is gross value added at basic prices (gva) rising or falling in Monaco?
- Over the last ten years it is up 57.4%. The long-run trend across the full record is rising.
- Where does this Monaco data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross value added at basic prices (GVA) (current US$). Statizoid updates them automatically from the source API.
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About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.