Industry (including construction), value added (constant 2015 US$) in Montenegro
Montenegro: Industry (including construction), value added (constant 2015 US$) was 53,687 constant 2015 US$ per square kilometre in 2023. ▲ Rising
Industry (including construction), value added (constant 2015 US$) in Montenegro, 2006–2023
Source: Statizoid (derived). Measured in constant 2015 US$ per square kilometre.
Analysis
In 2023, industry (including construction), value added (constant 2015 us$) in Montenegro stood at 53,687 constant 2015 US$ per square kilometre.
That represents a change of up 3.3% on the previous year and up 27.6% over ten years.
Over the whole period, industry (including construction), value added (constant 2015 us$) in Montenegro peaked at 58,346 constant 2015 US$ per square kilometre in 2019 and was at its lowest, 38,882 constant 2015 US$ per square kilometre, in 2012.
Montenegro ranks 122nd of 193 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 18 years of available data.
Industry (including construction), value added (constant 2015 US$) in Montenegro, year by year
| Year | constant 2015 US$ per square kilometre | Change |
|---|---|---|
| 2006 | 39,911 constant 2015 US$ per square kilometre | — |
| 2007 | 42,592 constant 2015 US$ per square kilometre | +6.7% |
| 2008 | 48,006 constant 2015 US$ per square kilometre | +12.7% |
| 2009 | 40,345 constant 2015 US$ per square kilometre | -16.0% |
| 2010 | 42,334 constant 2015 US$ per square kilometre | +4.9% |
| 2011 | 42,526 constant 2015 US$ per square kilometre | +0.5% |
| 2012 | 38,882 constant 2015 US$ per square kilometre | -8.6% |
| 2013 | 42,071 constant 2015 US$ per square kilometre | +8.2% |
| 2014 | 42,120 constant 2015 US$ per square kilometre | +0.1% |
| 2015 | 43,036 constant 2015 US$ per square kilometre | +2.2% |
| 2016 | 46,002 constant 2015 US$ per square kilometre | +6.9% |
| 2017 | 48,071 constant 2015 US$ per square kilometre | +4.5% |
| 2018 | 55,574 constant 2015 US$ per square kilometre | +15.6% |
| 2019 | 58,346 constant 2015 US$ per square kilometre | +5.0% |
| 2020 | 52,882 constant 2015 US$ per square kilometre | -9.4% |
| 2021 | 52,816 constant 2015 US$ per square kilometre | -0.1% |
| 2022 | 51,951 constant 2015 US$ per square kilometre | -1.6% |
| 2023 | 53,687 constant 2015 US$ per square kilometre | +3.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 42,713 constant 2015 US$ per square kilometre | 39,911 constant 2015 US$ per square kilometre | 48,006 constant 2015 US$ per square kilometre | 4 |
| 2010s | 45,896 constant 2015 US$ per square kilometre | 38,882 constant 2015 US$ per square kilometre | 58,346 constant 2015 US$ per square kilometre | 10 |
| 2020s | 52,834 constant 2015 US$ per square kilometre | 51,951 constant 2015 US$ per square kilometre | 53,687 constant 2015 US$ per square kilometre | 4 |
Countries ranked near Montenegro
- 119 Honduras 58,686 constant 2015 US$ per square kilometre compare
- 120 Cape Verde 56,436 constant 2015 US$ per square kilometre compare
- 121 Cote d'Ivoire 54,616 constant 2015 US$ per square kilometre compare
- 123 Tajikistan 51,671 constant 2015 US$ per square kilometre compare
- 124 Peru 50,380 constant 2015 US$ per square kilometre compare
- 125 Moldova 49,827 constant 2015 US$ per square kilometre 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)
- Industry (including construction), value added (constant 2015 US$) -3.24 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.0755 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 1,118 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual -3.24 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 0.0711 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 1,053 constant LCU per person (2025)
- Services, value added (current US$), annual growth rate 10.9 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.6338 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is industry (including construction), value added (constant 2015 us$) in Montenegro?
- Industry (including construction), value added (constant 2015 us$) in Montenegro was 53,687 constant 2015 US$ per square kilometre in 2023, according to Statizoid (derived).
- What is the highest industry (including construction), value added (constant 2015 us$) recorded in Montenegro?
- The highest recorded value was 58,346 constant 2015 US$ per square kilometre in 2019.
- What is the lowest industry (including construction), value added (constant 2015 us$) recorded in Montenegro?
- The lowest recorded value was 38,882 constant 2015 US$ per square kilometre in 2012.
- How does Montenegro rank for industry (including construction), value added (constant 2015 us$)?
- Montenegro ranks 122nd out of 193 countries with data for 2023.
- Is industry (including construction), value added (constant 2015 us$) rising or falling in Montenegro?
- Over the last ten years it is up 27.6%. 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 Industry (including construction), value added (constant 2015 US$), per square kilometre. Statizoid updates them automatically from the source API.
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How this figure is calculated
Industry (including construction), value added (constant 2015 US$) 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.
Industry (including construction), value added (constant 2015 US$) ÷ Land area (sq. km)
Computed from
- Industry (including construction), value added Country official statistics, National Statistical Offices (NSOs)
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Industry (including construction), value added (constant 2015 US$) 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.