Monaco Services Value Added
Services value added as % of GDP NV.SRV.TOTL.ZS
Monaco's services value added was 88.77% in 2025, ranked 6th globally. This represents a 1.8% increase from 2024. Data from World Bank, covering 2010–2025.
Overview
Monaco's services value added stood at 88.77% in 2025, a rise of +1.57% from 2024. Based on recent trends, this figure is projected to reach 88.77% by 2025. Monaco ranked 6th globally.
Monaco’s services value added reached 88.77 in 2025, placing the principality sixth in the global ranking and marking an all‑time high that surpasses the earlier low of 81.75 recorded in 2016. Over the 16‑year span from 2010, when the indicator stood at 87.08, the modest upward trajectory reflects the continued dominance of high‑value sectors such as finance, tourism and luxury retail, which together account for the lion’s share of the micro‑state’s output. The increase from the 2010 baseline to the 2025 peak represents a 1.69‑point rise, or roughly a 1.9 percent gain, underscoring the resilience of Monaco’s service‑based economy despite broader European downturns in the mid‑2010s. Comparable performance is observed in the Channel Islands, which posted a slightly higher value added of 90.71, while the Cayman Islands lag behind at 85.32. Looking ahead, sustaining the current growth path will depend on Monaco’s ability to attract ultra‑high‑net‑worth individuals and expand digital‑service offerings, which could further elevate its services share.
Data & projection
| Year | Services Value Added | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 89.82% | - | - |
| 2026* trend | 89.29% | - | - |
| 2025* trend | 88.77% | - | - |
| 2025 | 88.77% | +1.57% | #6 |
| 2024 | 87.20% | −1.29% | #173 |
| 2023 | 88.50% | +0.77% | #188 |
| 2022 | 87.73% | +0.27% | #191 |
| 2021 | 87.46% | +2.35% | #193 |
| 2020 | 85.10% | −1.86% | #192 |
| 2019 | 86.96% | +0.11% | #196 |
| 2018 | 86.85% | −0.34% | #196 |
| 2017 | 87.20% | +5.45% | #197 |
| 2016 | 81.75% | −0.66% | #196 |
| 2015 | 82.41% | −4.96% | #196 |
| 2014 | 87.37% | +1.37% | #197 |
| 2013 | 86.00% | −0.99% | #196 |
| 2012 | 86.99% | −0.19% | #195 |
| 2011 | 87.17% | +0.10% | #194 |
Analysis
Monaco's services value added was 88.77% in 2025, a rise of +1.57% from 2024. Based on trends, estimated 88.77% by 2025.
Frequently Asked Questions
Monaco's services value added was 88.77% in 2025. Ranked 6th globally. This represents a 1.8% increase from the previous year.
Monaco's services value added peaked at 88.77% in 2025.
The lowest services value added in Monaco was 81.75% in 2016.
Monaco ranks 6th globally in services value added as of 2025.
The World Bank indicator code is NV.SRV.TOTL.ZS. Data sourced from World Bank.
Monaco's services value added is projected to reach 88.77% by 2025 based on trend extrapolation.
The services value added of Monaco in 2025 was 88.77%. This ranks 6th in the world.
Cite this page
@misc{historysaid_monaco_services-value-added,
title = {Monaco Services Value Added},
url = {https://historysaid.com/monaco/services-value-added/},
publisher = {HistorySaid},
year = {2026}
}