Gross value added at basic prices (GVA) (constant LCU) in Montenegro
Montenegro: Gross value added at basic prices (GVA) (constant LCU) was 3.89 billion constant LCU in 2025. ▲ Rising
Gross value added at basic prices (GVA) in Montenegro, 2000–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
The most recent figure for gross value added at basic prices (gva) in Montenegro is 3.89 billion constant LCU, measured in 2025. That is the highest value across all 26 years on record.
The figure is 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 3.89 billion constant LCU in 2025 and was at its lowest, 2.01 billion constant LCU, in 2003.
That places Montenegro 183rd out of 198 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) (constant LCU) in Montenegro, year by year
| Year | constant LCU | Change |
|---|---|---|
| 2000 | 2.02 billion constant LCU | — |
| 2001 | 2.02 billion constant LCU | -0.2% |
| 2002 | 2.04 billion constant LCU | +1.2% |
| 2003 | 2.01 billion constant LCU | -1.6% |
| 2004 | 2.08 billion constant LCU | +3.6% |
| 2005 | 2.13 billion constant LCU | +2.5% |
| 2006 | 2.33 billion constant LCU | +9.4% |
| 2007 | 2.48 billion constant LCU | +6.3% |
| 2008 | 2.64 billion constant LCU | +6.7% |
| 2009 | 2.53 billion constant LCU | -4.2% |
| 2010 | 2.60 billion constant LCU | +2.8% |
| 2011 | 2.71 billion constant LCU | +4.0% |
| 2012 | 2.65 billion constant LCU | -1.9% |
| 2013 | 2.76 billion constant LCU | +3.9% |
| 2014 | 2.83 billion constant LCU | +2.6% |
| 2015 | 2.91 billion constant LCU | +2.8% |
| 2016 | 2.99 billion constant LCU | +3.0% |
| 2017 | 3.08 billion constant LCU | +2.8% |
| 2018 | 3.25 billion constant LCU | +5.6% |
| 2019 | 3.40 billion constant LCU | +4.6% |
| 2020 | 2.92 billion constant LCU | -14.0% |
| 2021 | 3.31 billion constant LCU | +13.3% |
| 2022 | 3.57 billion constant LCU | +7.9% |
| 2023 | 3.78 billion constant LCU | +5.9% |
| 2024 | 3.86 billion constant LCU | +1.9% |
| 2025 | 3.89 billion constant LCU | +0.9% |
Montenegro compared with similar countries
- Montenegro's 3.89 billion constant LCU is below the median for upper middle income countries, which is 504.09 billion constant LCU, 1% of the median. (57 countries reporting)
- Montenegro's 3.89 billion constant LCU is below the median for Europe & Central Asia, which is 405.98 billion constant LCU, 1% of the median. (54 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.23 billion constant LCU | 2.01 billion constant LCU | 2.64 billion constant LCU | 10 |
| 2010s | 2.92 billion constant LCU | 2.60 billion constant LCU | 3.40 billion constant LCU | 10 |
| 2020s | 3.56 billion constant LCU | 2.92 billion constant LCU | 3.89 billion constant LCU | 6 |
Countries ranked near Montenegro
- 180 Antigua and Barbuda 4.37 billion constant LCU compare
- 181 Sao Tome and Principe 4.02 billion constant LCU compare
- 182 Liberia 3.99 billion constant LCU compare
- 184 Andorra 2.84 billion constant LCU compare
- 185 Saint Vincent and the Grenadines 2.30 billion constant LCU compare
- 186 Grenada 2.23 billion constant LCU 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)
- SDRs holdings, US dollar, annual growth rate 4.46 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0103 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 151.96 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.5233 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0075 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 110.96 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -21.12 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0068 units per US$ of GDP (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 3.89 billion constant LCU in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross value added at basic prices (gva) recorded in Montenegro?
- The highest recorded value was 3.89 billion constant LCU in 2025.
- What is the lowest gross value added at basic prices (gva) recorded in Montenegro?
- The lowest recorded value was 2.01 billion constant LCU in 2003.
- How does Montenegro rank for gross value added at basic prices (gva)?
- Montenegro ranks 183rd out of 198 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 Offices (NSOs), published as part of Gross value added at basic prices (GVA) (constant LCU). Statizoid updates them automatically from the source API.
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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 varies by country. This series is expressed in local currency units.