Industry (including construction), value added in Montenegro
Montenegro: Industry (including construction), value added was 696.85 million constant 2015 US$ in 2025. ▲ Rising
Industry (including construction), value added in Montenegro, 2000–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant 2015 US$.
Analysis
In 2025, industry (including construction), value added in Montenegro stood at 696.85 million constant 2015 US$.
That represents a change of down 3.2% on the previous year and up 20.4% over ten years.
Over the whole period, industry (including construction), value added in Montenegro peaked at 784.75 million constant 2015 US$ in 2019 and was at its lowest, 500.31 million constant 2015 US$, in 2003.
Montenegro ranks 160th of 196 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 26 years of available data.
Industry (including construction), value added in Montenegro, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 2000 | 530.75 million constant 2015 US$ | — |
| 2001 | 522.74 million constant 2015 US$ | -1.5% |
| 2002 | 504.10 million constant 2015 US$ | -3.6% |
| 2003 | 500.31 million constant 2015 US$ | -0.8% |
| 2004 | 537.34 million constant 2015 US$ | +7.4% |
| 2005 | 538.19 million constant 2015 US$ | +0.2% |
| 2006 | 536.81 million constant 2015 US$ | -0.3% |
| 2007 | 572.86 million constant 2015 US$ | +6.7% |
| 2008 | 645.69 million constant 2015 US$ | +12.7% |
| 2009 | 542.64 million constant 2015 US$ | -16.0% |
| 2010 | 569.39 million constant 2015 US$ | +4.9% |
| 2011 | 571.98 million constant 2015 US$ | +0.5% |
| 2012 | 522.96 million constant 2015 US$ | -8.6% |
| 2013 | 565.86 million constant 2015 US$ | +8.2% |
| 2014 | 566.51 million constant 2015 US$ | +0.1% |
| 2015 | 578.83 million constant 2015 US$ | +2.2% |
| 2016 | 618.73 million constant 2015 US$ | +6.9% |
| 2017 | 646.56 million constant 2015 US$ | +4.5% |
| 2018 | 747.48 million constant 2015 US$ | +15.6% |
| 2019 | 784.75 million constant 2015 US$ | +5.0% |
| 2020 | 711.26 million constant 2015 US$ | -9.4% |
| 2021 | 710.38 million constant 2015 US$ | -0.1% |
| 2022 | 698.74 million constant 2015 US$ | -1.6% |
| 2023 | 722.09 million constant 2015 US$ | +3.3% |
| 2024 | 720.15 million constant 2015 US$ | -0.3% |
| 2025 | 696.85 million constant 2015 US$ | -3.2% |
Montenegro compared with similar countries
- Montenegro's 696.85 million constant 2015 US$ is below the median for upper middle income countries, which is 14.23 billion constant 2015 US$, 5% of the median. (58 countries reporting)
- Montenegro's 696.85 million constant 2015 US$ is below the median for Europe & Central Asia, which is 21.78 billion constant 2015 US$, 3% of the median. (53 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 543.14 million constant 2015 US$ | 500.31 million constant 2015 US$ | 645.69 million constant 2015 US$ | 10 |
| 2010s | 617.30 million constant 2015 US$ | 522.96 million constant 2015 US$ | 784.75 million constant 2015 US$ | 10 |
| 2020s | 709.91 million constant 2015 US$ | 696.85 million constant 2015 US$ | 722.09 million constant 2015 US$ | 6 |
Countries ranked near Montenegro
- 157 Liberia 871.67 million constant 2015 US$ compare
- 158 Barbados 766.32 million constant 2015 US$ compare
- 159 Fiji 737.47 million constant 2015 US$ compare
- 161 Djibouti 686.79 million constant 2015 US$ compare
- 162 Lesotho 683.30 million constant 2015 US$ compare
- 163 San Marino 621.54 million 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$), annual growth rate 26.12 % change on previous year (2025)
Frequently asked questions
- What is industry (including construction), value added in Montenegro?
- Industry (including construction), value added in Montenegro was 696.85 million constant 2015 US$ in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest industry (including construction), value added recorded in Montenegro?
- The highest recorded value was 784.75 million constant 2015 US$ in 2019.
- What is the lowest industry (including construction), value added recorded in Montenegro?
- The lowest recorded value was 500.31 million constant 2015 US$ in 2003.
- How does Montenegro rank for industry (including construction), value added?
- Montenegro ranks 160th out of 196 countries with data for 2025.
- Is industry (including construction), value added rising or falling in Montenegro?
- Over the last ten years it is up 20.4%. 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 Industry (including construction), value added (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. 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.