Monaco Industry Value Added
Industry (including construction) value added as % of GDP NV.IND.TOTL.ZS
Monaco's industry value added was 11.23% in 2025, ranked 174th globally. This represents a 12.2% decrease from 2024. Data from World Bank, covering 2010–2025.
Overview
Monaco's industry value added stood at 11.23% in 2025, a decline of +1.57% from 2024. Based on recent trends, this figure is projected to reach 11.23% by 2025. Monaco ranked 174th globally.
Monaco’s industry value added has fallen steadily from its 2010 level of 12.92 to a 2025 figure of 11.23, placing the micro‑state at rank 174 globally. The sector’s all‑time peak of 18.26 in 2016 marks a sharp reversal, with the 2025 level representing an all‑time trough after 16 years of data. By contrast, peer economies of similar rank such as Timor‑Leste (11.37) and Palau (10.63) show comparable modest contributions, underscoring the limited scale of industrial activity in small, service‑oriented jurisdictions. The decline reflects Monaco’s continued reliance on finance, tourism and real estate, which crowd out manufacturing and other industrial output. Structural constraints, including scarce land and a highly specialized labour market, suggest that without targeted diversification policies the downward trajectory is likely to persist, although a strategic shift toward high‑value niche manufacturing could modestly reverse the trend.
Data & projection
| Year | Industry Value Added | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 10.18% | - | - |
| 2026* trend | 10.71% | - | - |
| 2025* trend | 11.23% | - | - |
| 2025 | 11.23% | −1.57% | #174 |
| 2024 | 12.80% | +1.29% | #21 |
| 2023 | 11.50% | −0.77% | #21 |
| 2022 | 12.28% | −0.27% | #30 |
| 2021 | 12.55% | −2.35% | #32 |
| 2020 | 14.90% | +1.86% | #40 |
| 2019 | 13.04% | −0.11% | #29 |
| 2018 | 13.15% | +0.35% | #28 |
| 2017 | 12.80% | −5.45% | #30 |
| 2016 | 18.26% | +0.66% | #63 |
| 2015 | 17.59% | +4.96% | #59 |
| 2014 | 12.63% | −1.37% | #21 |
| 2013 | 14.00% | +0.98% | #31 |
| 2012 | 13.02% | +0.19% | #25 |
| 2011 | 12.83% | −0.10% | #23 |
Analysis
Monaco's industry value added was 11.23% in 2025, a decline of −1.57% from 2024. Based on trends, estimated 11.23% by 2025.
Frequently Asked Questions
Monaco's industry value added was 11.23% in 2025. Ranked 174th globally. This represents a 12.2% decrease from the previous year.
Monaco's industry value added peaked at 18.26% in 2016.
The lowest industry value added in Monaco was 11.23% in 2025.
Monaco ranks 174th globally in industry value added as of 2025.
The World Bank indicator code is NV.IND.TOTL.ZS. Data sourced from World Bank.
Monaco's industry value added is projected to reach 11.23% by 2025 based on trend extrapolation.
The industry value added of Monaco in 2025 was 11.23%. This ranks 174th in the world.
Cite this page
@misc{historysaid_monaco_industry-value-added,
title = {Monaco Industry Value Added},
url = {https://historysaid.com/monaco/industry-value-added/},
publisher = {HistorySaid},
year = {2026}
}