For that indicator, we provide data for Monaco from 2010 to 2018. The average value for Monaco during that period was 14.11 percent with a minimum of 12.63 percent in 2014 and a maximum of 18.25 percent in 2016.
The latest value from 2018 is 13.08 percent. For comparison, the world average in 2018 based on 178
countries is 25.47 percent.
See the global rankings for that indicator or
use the country comparator to compare trends over time.
The importance of industry in the economy of Monaco and other countries is measured as the value added of the industrial sector as percent of GDP. Industry includes mining, manufacturing, construction, electricity, water, and gas.
Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4.