Gross value added at basic prices (GVA) in Montenegro
Montenegro: Gross value added at basic prices (GVA) was 4.43 billion constant 2015 US$ in 2025. ▲ Rising
Gross value added at basic prices (GVA) in Montenegro, 2000–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
Montenegro recorded 4.43 billion constant 2015 US$ for gross value added at basic prices (gva) in 2025. That is the highest value across all 26 years on record.
That represents a change of up 0.9% on the previous year and up 33.9% over ten years.
Over the whole period, gross value added at basic prices (gva) in Montenegro peaked at 4.43 billion constant 2015 US$ in 2025 and was at its lowest, 2.29 billion constant 2015 US$, in 2003.
That places Montenegro 158th out of 194 countries with data for 2025, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 26 years of available data.
Gross value added at basic prices (GVA) in Montenegro, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 2000 | 2.30 billion constant 2015 US$ | — |
| 2001 | 2.30 billion constant 2015 US$ | -0.2% |
| 2002 | 2.32 billion constant 2015 US$ | +1.2% |
| 2003 | 2.29 billion constant 2015 US$ | -1.6% |
| 2004 | 2.37 billion constant 2015 US$ | +3.6% |
| 2005 | 2.43 billion constant 2015 US$ | +2.5% |
| 2006 | 2.66 billion constant 2015 US$ | +9.4% |
| 2007 | 2.82 billion constant 2015 US$ | +6.3% |
| 2008 | 3.01 billion constant 2015 US$ | +6.7% |
| 2009 | 2.88 billion constant 2015 US$ | -4.2% |
| 2010 | 2.97 billion constant 2015 US$ | +2.8% |
| 2011 | 3.08 billion constant 2015 US$ | +4.0% |
| 2012 | 3.02 billion constant 2015 US$ | -1.9% |
| 2013 | 3.14 billion constant 2015 US$ | +3.9% |
| 2014 | 3.22 billion constant 2015 US$ | +2.6% |
| 2015 | 3.31 billion constant 2015 US$ | +2.8% |
| 2016 | 3.41 billion constant 2015 US$ | +3.0% |
| 2017 | 3.50 billion constant 2015 US$ | +2.8% |
| 2018 | 3.70 billion constant 2015 US$ | +5.6% |
| 2019 | 3.87 billion constant 2015 US$ | +4.6% |
| 2020 | 3.33 billion constant 2015 US$ | -14.0% |
| 2021 | 3.77 billion constant 2015 US$ | +13.3% |
| 2022 | 4.07 billion constant 2015 US$ | +7.9% |
| 2023 | 4.31 billion constant 2015 US$ | +5.9% |
| 2024 | 4.39 billion constant 2015 US$ | +1.9% |
| 2025 | 4.43 billion constant 2015 US$ | +0.9% |
Montenegro compared with similar countries
- Montenegro's 4.43 billion constant 2015 US$ is below the median for upper middle income countries, which is 45.40 billion constant 2015 US$, 10% of the median. (57 countries reporting)
- Montenegro's 4.43 billion constant 2015 US$ is below the median for Europe & Central Asia, which is 71.18 billion constant 2015 US$, 6% of the median. (53 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.54 billion constant 2015 US$ | 2.29 billion constant 2015 US$ | 3.01 billion constant 2015 US$ | 10 |
| 2010s | 3.32 billion constant 2015 US$ | 2.97 billion constant 2015 US$ | 3.87 billion constant 2015 US$ | 10 |
| 2020s | 4.05 billion constant 2015 US$ | 3.33 billion constant 2015 US$ | 4.43 billion constant 2015 US$ | 6 |
Countries ranked near Montenegro
- 155 Cayman Islands 5.96 billion constant 2015 US$ compare
- 156 Barbados 5.89 billion constant 2015 US$ compare
- 157 Eswatini 4.69 billion constant 2015 US$ compare
- 159 Fiji 4.32 billion constant 2015 US$ compare
- 160 Suriname 4.24 billion constant 2015 US$ compare
- 161 Djibouti 3.86 billion constant 2015 US$ compare
More economy & growth data for Montenegro
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.15 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 75.12 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0081 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 120.56 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 676.19 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 12.81 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0732 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,085 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 26.12 % change on previous year (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) in Montenegro?
- Gross value added at basic prices (gva) in Montenegro was 4.43 billion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross value added at basic prices (gva) recorded in Montenegro?
- The highest recorded value was 4.43 billion constant 2015 US$ in 2025.
- What is the lowest gross value added at basic prices (gva) recorded in Montenegro?
- The lowest recorded value was 2.29 billion constant 2015 US$ in 2003.
- How does Montenegro rank for gross value added at basic prices (gva)?
- Montenegro ranks 158th out of 194 countries with data for 2025.
- Is gross value added at basic prices (gva) rising or falling in Montenegro?
- Over the last ten years it is up 33.9%. The long-run trend across the full record is rising.
- Where does this Montenegro data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross value added at basic prices (GVA) (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
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About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.