Services, value added in Monaco
Monaco: Services, value added was 87.2% in 2024. ▬ Flat
Services, value added in Monaco, 2010–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
Monaco recorded 87.2% for services, value added in 2024.
The figure is down 1.5% on the previous year and down 0.2% over ten years.
Over the whole period, services, value added in Monaco peaked at 88.5% in 2023 and was at its lowest, 81.7%, in 2016.
Monaco ranks 7th of 205 countries on this measure, in the top 10%.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 86.0% | 81.7% | 87.4% | 10 |
| 2020s | 87.2% | 85.1% | 88.5% | 5 |
Countries ranked near Monaco
- 4 Bermuda 91.3% compare
- 6 Sint Maarten (Dutch part) 89.3% compare
- 8 Cayman Islands 86.5% compare
- 9 Luxembourg 81.4% compare
- 10 Sao Tome and Principe 81.4% compare
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 services, value added in Monaco?
- Services, value added in Monaco was 87.2% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest services, value added recorded in Monaco?
- The highest recorded value was 88.5% in 2023.
- What is the lowest services, value added recorded in Monaco?
- The lowest recorded value was 81.7% in 2016.
- How does Monaco rank for services, value added?
- Monaco ranks 7th out of 205 countries with data for 2024.
- Is services, value added rising or falling in Monaco?
- Over the last ten years it is down 0.2%. The long-run trend across the full record is flat.
- 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 (% of GDP). 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 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.