Services value added — all countries

Services value added — Monaco

Services value added in Monaco in 2024 — 9,702,025,570 US$. Ranked 121 in the world out of 188. Since 2010, the indicator has risen by 107.6%.

2024 9.7B US$ +9.59% vs 2023
World rank 121of 188
Period maximum 9.7B US$2024
Period minimum 4.67B US$2010

Trend over time

2010–2024 · US$

Services value added — Monaco, 2010–20244B6B8B10B201020122014201620182020202220242010: 4,673,814,108 US$2011: 5,307,803,770 US$2012: 4,995,386,835 US$2013: 5,637,728,265 US$2014: 6,177,262,947 US$2015: 5,162,674,431 US$2016: 5,290,111,357 US$2017: 5,606,946,583 US$2018: 6,239,809,343 US$2019: 6,420,969,946 US$2020: 5,728,113,486 US$2021: 7,541,625,313 US$2022: 7,720,320,786 US$2023: 8,853,103,141 US$2024: 9,702,025,570 US$
Change over the period: +5.03B (+107.58%) Average annual rate: 5.36 %

Comparison, 2024

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

Monaco 9.7B US$
World 70.69T US$
Southern Europe computed 3.35T US$
High-income countries computed 25.79T US$
Services value added — Monaco, by year Monaco All countries CSV XLSX
Year US$ Change Change, %
2024 9.7B +849M +9.59%
2023 8.85B +1.13B +14.67%
2022 7.72B +179M +2.37%
2021 7.54B +1.81B +31.66%
2020 5.73B −693M −10.79%
2019 6.42B +181M +2.9%
2018 6.24B +633M +11.29%
2017 5.61B +317M +5.99%
2016 5.29B +127M +2.47%
2015 5.16B −1.01B −16.42%
2014 6.18B +540M +9.57%
2013 5.64B +642M +12.86%
2012 5B −312M −5.89%
2011 5.31B +634M +13.56%
2010 4.67B

About the indicator

Value added by the service sector in current US dollars: trade, transport, communications, finance, real estate, public administration, education, health care and everything else that is neither industry nor agriculture. In most advanced countries this is two thirds of the economy or more, and in absolute figures the sector is larger than industry almost everywhere except a few manufacturing economies of East Asia.

Important: A residual category by definition: everything not assigned to agriculture or industry. Its composition is therefore harder to compare across countries than its size.

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