Services share of GDP — all countries

Services share of GDP — Monaco

Services share of GDP in Monaco in 2024 — 87.2%. Ranked 4 in the world out of 189. Since 2010, the indicator has risen by 0.1 pp.

2024 87.2% −1.3 pp vs 2023
World rank 4of 189
Period maximum 88.5%2023
Period minimum 81.7%2016

Trend over time

2010–2024 · % of GDP

Services share of GDP — Monaco, 2010–2024808284868890201020122014201620182020202220242010: 87.1%2011: 87.2%2012: 87%2013: 86%2014: 87.4%2015: 82.4%2016: 81.7%2017: 87.2%2018: 86.9%2019: 87%2020: 85.1%2021: 87.5%2022: 87.7%2023: 88.5%2024: 87.2%
Change over the period: +0.1 pp Annual average: 0.01 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Monaco

Monaco 87.2%
World 63.3%
Southern Europe computed 66%
High-income countries computed 65.7%
Services share of GDP — Monaco, by year Monaco All countries CSV XLSX
Year % Change, pp
2024 87.2 −1.3 pp
2023 88.5 +0.8 pp
2022 87.7 +0.3 pp
2021 87.5 +2.4 pp
2020 85.1 −1.9 pp
2019 87 +0.1 pp
2018 86.9 −0.3 pp
2017 87.2 +5.4 pp
2016 81.7 −0.7 pp
2015 82.4 −5 pp
2014 87.4 +1.4 pp
2013 86 −1 pp
2012 87 −0.2 pp
2011 87.2 +0.1 pp
2010 87.1

About the indicator

The share of value added by the service sector in GDP: wholesale and retail trade, transport, communications, finance, real estate, business and government services, education and health care. In most high-income countries it exceeds 70%; in small island states and tourism economies it reaches 80–90%.

Source: World Development Indicators (World Bank), license CC BY 4.0.