Gross value added at basic prices (GVA) (current LCU), per square in Montenegro

Montenegro: Gross value added at basic prices (GVA) (current LCU), per square was 422,983 current LCU per square kilometre in 2023. ▲ Rising

Latest (2023)
422,983 current LCU per square kilometre
Change on year
up 18.8%
World rank
188th
of 204 countries
All-time high
422,983 current LCU per square kilometre
in 2023
All-time low
131,606 current LCU per square kilometre
in 2006
Years of data
18
2006–2023

Gross value added at basic prices (GVA) (current LCU), per square in Montenegro, 2006–2023

100.0k200.0k300.0k400.0k2006201420232006: 131.6k current LCU per square kilometre2007: 158.9k current LCU per square kilometre2008: 185.2k current LCU per square kilometre2009: 183.9k current LCU per square kilometre2010: 193.6k current LCU per square kilometre2011: 201.4k current LCU per square kilometre2012: 197.5k current LCU per square kilometre2013: 202.7k current LCU per square kilometre2014: 207.3k current LCU per square kilometre2015: 221.7k current LCU per square kilometre2016: 241.9k current LCU per square kilometre2017: 258.1k current LCU per square kilometre2018: 279.1k current LCU per square kilometre2019: 295.2k current LCU per square kilometre2020: 254.8k current LCU per square kilometre2021: 296.6k current LCU per square kilometre2022: 356.2k current LCU per square kilometre2023: 423.0k current LCU per square kilometre

Source: Statizoid (derived). Measured in current LCU per square kilometre.

Analysis

In 2023, gross value added at basic prices (gva) (current lcu), per square in Montenegro stood at 422,983 current LCU per square kilometre. That is the highest value across all 18 years on record.

That represents a change of up 18.8% on the previous year and up 108.7% over ten years.

Over the whole period, gross value added at basic prices (gva) (current lcu), per square in Montenegro peaked at 422,983 current LCU per square kilometre in 2023 and was at its lowest, 131,606 current LCU per square kilometre, in 2006.

Montenegro ranks 188th of 204 countries on this measure, in the bottom quarter.

The long-run direction has been consistently rising across the 18 years of available data.

Gross value added at basic prices (GVA) (current LCU), per square in Montenegro, year by year

Annual values for Gross value added at basic prices (GVA) (current LCU), per square kilometre in Montenegro, 2006 to 2023.
Year current LCU per square kilometre Change
2006 131,606 current LCU per square kilometre
2007 158,950 current LCU per square kilometre +20.8%
2008 185,206 current LCU per square kilometre +16.5%
2009 183,900 current LCU per square kilometre -0.7%
2010 193,599 current LCU per square kilometre +5.3%
2011 201,382 current LCU per square kilometre +4.0%
2012 197,474 current LCU per square kilometre -1.9%
2013 202,700 current LCU per square kilometre +2.6%
2014 207,342 current LCU per square kilometre +2.3%
2015 221,746 current LCU per square kilometre +6.9%
2016 241,889 current LCU per square kilometre +9.1%
2017 258,138 current LCU per square kilometre +6.7%
2018 279,102 current LCU per square kilometre +8.1%
2019 295,169 current LCU per square kilometre +5.8%
2020 254,781 current LCU per square kilometre -13.7%
2021 296,627 current LCU per square kilometre +16.4%
2022 356,152 current LCU per square kilometre +20.1%
2023 422,983 current LCU per square kilometre +18.8%

Averages by decade

DecadeAverage LowestHighest Years
2000s 164,916 current LCU per square kilometre 131,606 current LCU per square kilometre 185,206 current LCU per square kilometre 4
2010s 229,854 current LCU per square kilometre 193,599 current LCU per square kilometre 295,169 current LCU per square kilometre 10
2020s 332,636 current LCU per square kilometre 254,781 current LCU per square kilometre 422,983 current LCU per square kilometre 4

Countries ranked near Montenegro

  1. 185 Botswana 442,136 current LCU per square kilometre compare
  2. 186 Solomon Islands 441,140 current LCU per square kilometre compare
  3. 187 Turkmenistan 436,991 current LCU per square kilometre compare
  4. 189 Jordan 400,670 current LCU per square kilometre compare
  5. 190 Mauritania 353,624 current LCU per square kilometre compare
  6. 191 Canada 314,794 current LCU per square kilometre compare

See the full ranking of 205 places →

More economy & growth data for Montenegro

All data for Montenegro →

Frequently asked questions

What is gross value added at basic prices (gva) (current lcu), per square in Montenegro?
Gross value added at basic prices (gva) (current lcu), per square in Montenegro was 422,983 current LCU per square kilometre in 2023, according to Statizoid (derived).
What is the highest gross value added at basic prices (gva) (current lcu), per square recorded in Montenegro?
The highest recorded value was 422,983 current LCU per square kilometre in 2023.
What is the lowest gross value added at basic prices (gva) (current lcu), per square recorded in Montenegro?
The lowest recorded value was 131,606 current LCU per square kilometre in 2006.
How does Montenegro rank for gross value added at basic prices (gva) (current lcu), per square?
Montenegro ranks 188th out of 204 countries with data for 2023.
Is gross value added at basic prices (gva) (current lcu), per square rising or falling in Montenegro?
Over the last ten years it is up 108.7%. The long-run trend across the full record is rising.
Where does this Montenegro data come from?
The figures come from Statizoid (derived), published as part of Gross value added at basic prices (GVA) (current LCU), per square kilometre. Statizoid updates them automatically from the source API.

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Gross value added at basic prices (GVA) (current LCU), per square in Montenegro. Statizoid, drawing on Statizoid (derived). Retrieved 28 August 2026, from https://economy.statizoid.com/stat/gross-value-added-at-basic-prices-gva-current-lcu-per-square-kilometre/montenegro/

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<a href="https://economy.statizoid.com/stat/gross-value-added-at-basic-prices-gva-current-lcu-per-square-kilometre/montenegro/">Gross value added at basic prices (GVA) (current LCU), per square in Montenegro</a> — Statizoid

How this figure is calculated

Gross value added at basic prices (GVA) (current LCU) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Gross value added at basic prices (GVA) (current LCU) ÷ Land area (sq. km)

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Gross value added at basic prices (GVA) (current LCU), per square kilometre
Unit
current LCU per square kilometre
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
205 places, 8,532 data points, 1961–2023
Last refreshed

Gross value added at basic prices (GVA) (current LCU) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.