Industry (including construction), value added in Monaco
Monaco: Industry (including construction), value added was 12.8% in 2024. ▼ Falling
Industry (including construction), value added in Monaco, 2010–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
In 2024, industry (including construction), value added in Monaco stood at 12.8%.
That represents a change of up 11.3% on the previous year and up 1.3% over ten years.
Over the whole period, industry (including construction), value added in Monaco peaked at 18.3% in 2016 and was at its lowest, 11.5%, in 2023.
That places Monaco 174th out of 208 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 15 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 14.0% | 12.6% | 18.3% | 10 |
| 2020s | 12.8% | 11.5% | 14.9% | 5 |
Countries ranked near Monaco
More economy & growth data for Monaco
- GDP per capita 288,002 current US$ (2024)
- Gross value added at basic prices (GVA) 5.73 billion constant LCU (2014)
- GDP 11.13 billion current US$ (2024)
- GDP 10.28 billion current LCU (2024)
- GDP 9.55 billion constant 2015 US$ (2024)
- GDP growth 8.5% (2024)
- GDP 9.17 billion constant LCU (2024)
- GDP per capita growth 9.4% (2024)
- DEC alternative conversion factor 0.885 LCU per US$ (2025)
- GDP per capita 237,372 constant LCU (2024)
Frequently asked questions
- What is industry (including construction), value added in Monaco?
- Industry (including construction), value added in Monaco was 12.8% 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 18.3% in 2016.
- What is the lowest industry (including construction), value added recorded in Monaco?
- The lowest recorded value was 11.5% in 2023.
- How does Monaco rank for industry (including construction), value added?
- Monaco ranks 174th out of 208 countries with data for 2024.
- Is industry (including construction), value added rising or falling in Monaco?
- Over the last ten years it is up 1.3%. The long-run trend across the full record is falling.
- 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 (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.