Industry (including construction), value added in Monaco
Monaco: Industry (including construction), value added was 1.32 billion current LCU in 2024. ▲ Rising
Industry (including construction), value added in Monaco, 2010–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
In 2024, industry (including construction), value added in Monaco stood at 1.32 billion current LCU. That is the highest value across all 15 years on record.
The figure is up 23.6% on the previous year and up 95.7% over ten years.
Over the whole period, industry (including construction), value added in Monaco peaked at 1.32 billion current LCU in 2024 and was at its lowest, 523.20 million current LCU, in 2010.
Monaco ranks 180th of 209 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 15 years of available data.
Industry (including construction), value added in Monaco, year by year
| Year | current LCU | Change |
|---|---|---|
| 2010 | 523.20 million current LCU | — |
| 2011 | 561.00 million current LCU | +7.2% |
| 2012 | 581.80 million current LCU | +3.7% |
| 2013 | 690.90 million current LCU | +18.8% |
| 2014 | 672.10 million current LCU | -2.7% |
| 2015 | 993.30 million current LCU | +47.8% |
| 2016 | 1.07 billion current LCU | +7.4% |
| 2017 | 728.70 million current LCU | -31.7% |
| 2018 | 799.80 million current LCU | +9.8% |
| 2019 | 859.80 million current LCU | +7.5% |
| 2020 | 877.80 million current LCU | +2.1% |
| 2021 | 914.70 million current LCU | +4.2% |
| 2022 | 1.03 billion current LCU | +12.2% |
| 2023 | 1.06 billion current LCU | +3.7% |
| 2024 | 1.32 billion current LCU | +23.6% |
Monaco compared with similar countries
- Monaco's 1.32 billion current LCU is below the median for high income countries, which is 60.84 billion current LCU, 2% of the median. (77 countries reporting)
- Monaco's 1.32 billion current LCU is below the median for Europe & Central Asia, which is 108.46 billion current LCU, 1% of the median. (56 countries reporting)
Biggest year-on-year movements
Years where Industry (including construction), value added 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.
| Year | Change | From | To |
|---|---|---|---|
| 2015 | +47.8% | 672.10 million current LCU | 993.30 million current LCU |
| 2017 | -31.7% | 1.07 billion current LCU | 728.70 million current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 747.79 million current LCU | 523.20 million current LCU | 1.07 billion current LCU | 10 |
| 2020s | 1.04 billion current LCU | 877.80 million current LCU | 1.32 billion current LCU | 5 |
Countries ranked near Monaco
More economy & growth data for Monaco
- Industry (including construction), value added (constant LCU), per 20,048 constant LCU per person (2014)
- Services, value added (current US$), annual growth rate 9.59 % change on previous year (2024)
- Industry (including construction), value added (current US$), 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), annual 23.6 % 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 industry (including construction), value added in Monaco?
- Industry (including construction), value added in Monaco was 1.32 billion current LCU in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest industry (including construction), value added recorded in Monaco?
- The highest recorded value was 1.32 billion current LCU in 2024.
- What is the lowest industry (including construction), value added recorded in Monaco?
- The lowest recorded value was 523.20 million current LCU in 2010.
- How does Monaco rank for industry (including construction), value added?
- Monaco ranks 180th out of 209 countries with data for 2024.
- Is industry (including construction), value added rising or falling in Monaco?
- Over the last ten years it is up 95.7%. 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 Industry (including construction), value added (current LCU). Statizoid updates them automatically from the source API.
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About this data
Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.