Services, value added in Monaco
Monaco: Services, value added was 5.01 billion constant LCU in 2014. ▲ Rising
Services, value added in Monaco, 2010–2014
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
The most recent figure for services, value added in Monaco is 5.01 billion constant LCU, measured in 2014. That is the highest value across all 5 years on record.
Compared with earlier readings it is up 8.9% on the previous year and up 27.4% over five years.
That places Monaco 171st out of 199 countries with data for 2014, putting it in the bottom quarter.
Services, value added in Monaco, year by year
| Year | constant LCU | Change |
|---|---|---|
| 2010 | 3.93 billion constant LCU | — |
| 2011 | 4.21 billion constant LCU | +7.1% |
| 2012 | 4.25 billion constant LCU | +0.9% |
| 2013 | 4.60 billion constant LCU | +8.3% |
| 2014 | 5.01 billion constant LCU | +8.9% |
Monaco compared with similar countries
- Monaco's 5.01 billion constant LCU is below the median for high income countries, which is 203.18 billion constant LCU, 2% of the median. (70 countries reporting)
- Monaco's 5.01 billion constant LCU is below the median for Europe & Central Asia, which is 280.65 billion constant LCU, 2% of the median. (54 countries reporting)
Countries ranked near Monaco
- 168 Palestine 7.00 billion constant LCU compare
- 169 Bermuda 6.42 billion constant LCU compare
- 170 Solomon Islands 5.89 billion constant LCU compare
- 172 Cayman Islands 4.57 billion constant LCU compare
- 173 Saint Lucia 4.47 billion constant LCU compare
- 174 Isle of Man 4.41 billion constant LCU
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 services, value added in Monaco?
- Services, value added in Monaco was 5.01 billion constant LCU in 2014, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest services, value added recorded in Monaco?
- The highest recorded value was 5.01 billion constant LCU in 2014.
- What is the lowest services, value added recorded in Monaco?
- The lowest recorded value was 3.93 billion constant LCU in 2010.
- How does Monaco rank for services, value added?
- Monaco ranks 171st out of 199 countries with data for 2014.
- Where does this Monaco data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Services, value added (constant LCU). Statizoid updates them automatically from the source API.
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About this data
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. 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 constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.