Monaco's adjusted savings, consumption of fixed capital (current US$) was US$1.04 billion in 2021, the latest year in the World Bank's World Development Indicators. That is up 49.94% from US$691.1 million in 2011 (4.13% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$1.04 billion | 2021 |
| Five years earlier | US$765.6 million | 2016 |
| Ten years earlier | US$691.1 million | 2011 |
| Highest | US$1.04 billion | 2021 |
| Lowest | US$19.25 million | 1970 |
| Average since 2012 | US$792.94 million | 2012–2021 |
| First recorded | US$19.25 million |
What the numbers say
In 2021, Monaco's adjusted savings, consumption of fixed capital (current US$) rose 24% on 2020 (from US$835.69 million to US$1.04 billion).
Across the 30 yearly changes before that (1991 to 2020), the average change was +4.8% and a typical year strayed about 10.3% from that (the standard deviation). This year's change was 1.9 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.
On record, the biggest yearly rise was 41.9% in 1975 and the biggest yearly fall was 14.3% in 2009. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2012 to 2021 the straight-line trend is upward, about US$28.77 million a year. A straight line explains 71% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2021, Monaco had the 140th highest value of the 194 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Monaco in the 2021 ranking
- Nicaragua — 136th of 194: US$1.21 billion
- Kyrgyz Republic — 137th of 194: US$1.16 billion
- Haiti — 138th of 194: US$1.15 billion
- Tajikistan — 140th of 194: US$943.68 million
- Mali — 141st of 194: US$917.74 million
- Jamaica — 142nd of 194: US$891.31 million
What this measures
Consumption of fixed capital represents the replacement value of capital used up in the process of production. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
All 52 values
| Year | Adjusted savings, consumption of fixed capital (current US$) |
|---|---|
| 2021 | 1,036,249,921 |
| 2020 | 835,686,699 |
| 2019 | 840,823,043 |
| 2018 | 818,665,910 |
| 2017 | 738,722,969 |
| 2016 | 765,602,048 |
| 2015 | 735,517,564 |
| 2014 | 772,689,471 |
| 2013 | 738,756,696 |
| 2012 | 646,687,142 |
Adjusted savings, consumption of fixed capital (current US$) in nearby economies
- Albania — US$3.06 billion (2021)
- Andorra — US$348.2 million (2021)
- Armenia — US$1.74 billion (2021)
- Austria — US$94.51 billion (2021)
- Azerbaijan — US$4.64 billion (2021)
- Belarus — US$11.06 billion (2021)
- Belgium — US$115.77 billion (2021)
- Bosnia and Herzegovina — US$3.48 billion (2021)
- Bulgaria — US$11.87 billion (2021)
More economic policy & debt data for Monaco
- GDP (current US$) — US$11.13 billion (2024)
- GDP (current LCU) — 10.28 billion (2024)
- GDP (constant 2015 US$) — US$9.55 billion (2024)
- GDP (constant LCU) — 9.17 billion (2024)
- GDP per capita (current US$) — US$288,002 (2024)
- GDP per capita (current LCU) — 266,082 (2024)
- GDP per capita (constant 2015 US$) — US$247,170 (2024)
- GDP per capita (constant LCU) — 237,372 (2024)
- GDP (annual % growth) — 8.51% (2024)
- GDP per capita (annual % growth) — 9.42% (2024)
- Adjusted savings, education expenditure (% of GNI)
Reading data like this
Questions people ask
- What is Monaco's adjusted savings, consumption of fixed capital (current US$)?
- US$1.04 billion in 2021, according to the World Bank (World Development Indicators).
- How has it changed since 1970?
- It is up 5,283% from US$19.25 million in 1970 (8.13% a year on average, compounded). The highest value was US$1.04 billion in 2021 and the lowest US$19.25 million in 1970.
- How does Monaco rank?
- 140th highest of 194 economies with data for 2021.
- Is the latest change in adjusted savings, consumption of fixed capital (current US$) unusual for Monaco?
- In 2021, Monaco's adjusted savings, consumption of fixed capital (current US$) rose 24% on 2020 (from US$835.69 million to US$1.04 billion). Across the 30 yearly changes before that (1991 to 2020), the average change was +4.8% and a typical year strayed about 10.3% from that (the standard deviation). This year's change was 1.9 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.
Source
World Bank, World Development Indicators, indicator NY.ADJ.DKAP.CD, licensed CC BY 4.0. Original source: Staff estimates, World Bank (WB); The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.
Legal entity
Devansh Yadav
Moradabad, Uttar Pradesh
Governing law: Courts at Moradabad, Uttar Pradesh
Phone: +91 8433475698
Legal: legal@analyzeit.in