Gouvernement Princier de Monaco

Industry

 

INDUSTRY EMPLOYERS AS AT DECEMBER 2020
122 EMPLOYERS
Source: Monaco social funds
INDUSTRY EMPLOYEES AS AT DECEMBER 2020
2,558 EMPLOYEES
Source: Monaco social funds

In December 2020, there were 2,558 people working in the Manufacturing, mining and quarrying and other industries sector, down 2.5% compared with 2019, a loss of 65 active employees. This figure also fell for the Principality as a whole (by 3.9%). Conversely, the number of employers in the MES increased by four (3.4%) compared with a slight fall in this indicator overall (-0.9%).

With 909 female employees making up 35.5% of the workforce, this is a predominately male sector (39.3% of the total workforce is female). Employees in this sector are also older than the average of 42.5 years, at 44.2 years. 

French nationals make up 73.0% of active employees in the sector, compared with 62.4% of all employees in the Principality.

2020 INDUSTRY TURNOVER
695.1 M€
Source: IMSEE

 

In 2011, revenue generated by the sector reached more than a billion euros, with a peak of €1.2 billion in 2012 before embarking on a downward trend. It has had a negative annual growth rate averaging -6.0% since 2011.

In 2020, revenue from Manufacturing, mining and quarrying, and other industries was close to €700 million.

Revenue fell by 14.0% compared with the previous year, a loss of more than €112 million in one year.

http://www.monacostatistics.mc/Economy-and-Finance/Industry