Industry (including construction), value added (current US$) in Monaco
Monaco: Industry (including construction), value added (current US$) was 1.42 billion current US$ in 2024. ▲ Rising
Industry (including construction), value added in Monaco, 2010–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
Monaco recorded 1.42 billion current US$ for industry (including construction), value added in 2024. That is the highest value across all 15 years on record.
That represents a change of up 23.7% on the previous year and up 59.5% over ten years.
Over the whole period, industry (including construction), value added in Monaco peaked at 1.42 billion current US$ in 2024 and was at its lowest, 693.62 million current US$, in 2010.
That places Monaco 159th out of 209 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 15 years of available data.
Industry (including construction), value added (current US$) in Monaco, year by year
| Year | current US$ | Change |
|---|---|---|
| 2010 | 693.62 million current US$ | — |
| 2011 | 780.89 million current US$ | +12.6% |
| 2012 | 747.49 million current US$ | -4.3% |
| 2013 | 917.60 million current US$ | +22.8% |
| 2014 | 892.88 million current US$ | -2.7% |
| 2015 | 1.10 billion current US$ | +23.4% |
| 2016 | 1.18 billion current US$ | +7.2% |
| 2017 | 823.20 million current US$ | -30.3% |
| 2018 | 944.53 million current US$ | +14.7% |
| 2019 | 962.52 million current US$ | +1.9% |
| 2020 | 1.00 billion current US$ | +4.2% |
| 2021 | 1.08 billion current US$ | +7.9% |
| 2022 | 1.08 billion current US$ | -0.1% |
| 2023 | 1.15 billion current US$ | +6.5% |
| 2024 | 1.42 billion current US$ | +23.7% |
Monaco compared with similar countries
- Monaco's 1.42 billion current US$ is below the median for high income countries, which is 25.19 billion current US$, 6% of the median. (77 countries reporting)
- Monaco's 1.42 billion current US$ is below the median for Europe & Central Asia, which is 28.62 billion current US$, 5% of the median. (56 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 904.62 million current US$ | 693.62 million current US$ | 1.18 billion current US$ | 10 |
| 2020s | 1.15 billion current US$ | 1.00 billion current US$ | 1.42 billion current US$ | 5 |
Countries ranked near Monaco
More economy & growth data for Monaco
- Gross value added at basic prices (GVA) (current LCU), annual growth 11.1 % change on previous year (2024)
- GDP (current US$), per capita 288,002 current US$ per person (2024)
- GDP (current US$), annual growth rate 11.21 % change on previous year (2024)
- Gross value added at basic prices (GVA) (constant LCU), per capita 158,736 constant LCU per person (2014)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 0.8111 constant LCU per US$ of GDP (2014)
- Gross value added at basic prices (GVA) (current LCU), per capita 266,082 current LCU per person (2024)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 0.9239 current LCU per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current US$), annual growth 11.22 % change on previous year (2024)
- Services, value added (constant LCU), per capita 138,687 constant LCU per person (2014)
- GDP deflator (base year varies by country), annual growth rate 2.39 % change on previous year (2024)
Frequently asked questions
- What is industry (including construction), value added in Monaco?
- Industry (including construction), value added in Monaco was 1.42 billion current US$ 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 1.42 billion current US$ in 2024.
- What is the lowest industry (including construction), value added recorded in Monaco?
- The lowest recorded value was 693.62 million current US$ in 2010.
- How does Monaco rank for industry (including construction), value added?
- Monaco ranks 159th 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 59.5%. 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 US$). 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 indicator is expressed in United States dollars.