Industry (including construction), value added in Monaco

Monaco: Industry (including construction), value added was 12.8% in 2024. ▼ Falling

Latest (2024)
12.8%
Change on year
up 11.3%
World rank
174th
of 208 countries
All-time high
18.3%
in 2016
All-time low
11.5%
in 2023
Years of data
15
2010–2024

Industry (including construction), value added in Monaco, 2010–2024

051015202010201720242010: 12.9 % of GDP2011: 12.8 % of GDP2012: 13 % of GDP2013: 14 % of GDP2014: 12.6 % of GDP2015: 17.6 % of GDP2016: 18.3 % of GDP2017: 12.8 % of GDP2018: 13.1 % of GDP2019: 13 % of GDP2020: 14.9 % of GDP2021: 12.5 % of GDP2022: 12.3 % of GDP2023: 11.5 % of GDP2024: 12.8 % of GDP

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

DecadeAverage LowestHighest Years
2010s 14.0% 12.6% 18.3% 10
2020s 12.8% 11.5% 14.9% 5

Countries ranked near Monaco

  1. 171 Fiji 13.9% compare
  2. 172 Marshall Islands 13.4% compare
  3. 173 Palau 13.0% compare
  4. 175 Andorra 12.8% compare
  5. 176 Barbados 12.2% compare
  6. 177 Curacao 12.2% compare

See the full ranking of 255 places →

More economy & growth data for Monaco

All data for Monaco →

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

Indicator
Industry (including construction), value added (% of GDP)
Unit
% of GDP
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
255 places, 11,347 data points, 1960–2025
Last refreshed

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.