Industry (including construction), value added (constant LCU) in Montenegro
Montenegro: Industry (including construction), value added (constant LCU) was 656.44 million constant LCU in 2025. ▲ Rising
Industry (including construction), value added in Montenegro, 2000–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
In 2025, industry (including construction), value added in Montenegro stood at 656.44 million constant LCU.
Compared with earlier readings it is 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 739.24 million constant LCU in 2019 and was at its lowest, 471.30 million constant LCU, in 2003.
That places Montenegro 181st out of 200 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.
Industry (including construction), value added (constant LCU) in Montenegro, year by year
| Year | constant LCU | Change |
|---|---|---|
| 2000 | 499.97 million constant LCU | — |
| 2001 | 492.43 million constant LCU | -1.5% |
| 2002 | 474.86 million constant LCU | -3.6% |
| 2003 | 471.30 million constant LCU | -0.8% |
| 2004 | 506.18 million constant LCU | +7.4% |
| 2005 | 506.98 million constant LCU | +0.2% |
| 2006 | 505.68 million constant LCU | -0.3% |
| 2007 | 539.64 million constant LCU | +6.7% |
| 2008 | 608.24 million constant LCU | +12.7% |
| 2009 | 511.17 million constant LCU | -16.0% |
| 2010 | 536.37 million constant LCU | +4.9% |
| 2011 | 538.81 million constant LCU | +0.5% |
| 2012 | 492.63 million constant LCU | -8.6% |
| 2013 | 533.05 million constant LCU | +8.2% |
| 2014 | 533.66 million constant LCU | +0.1% |
| 2015 | 545.27 million constant LCU | +2.2% |
| 2016 | 582.85 million constant LCU | +6.9% |
| 2017 | 609.06 million constant LCU | +4.5% |
| 2018 | 704.13 million constant LCU | +15.6% |
| 2019 | 739.24 million constant LCU | +5.0% |
| 2020 | 670.01 million constant LCU | -9.4% |
| 2021 | 669.18 million constant LCU | -0.1% |
| 2022 | 658.22 million constant LCU | -1.6% |
| 2023 | 680.22 million constant LCU | +3.3% |
| 2024 | 678.39 million constant LCU | -0.3% |
| 2025 | 656.44 million constant LCU | -3.2% |
Montenegro compared with similar countries
- Montenegro's 656.44 million constant LCU is below the median for upper middle income countries, which is 124.14 billion constant LCU, 1% of the median. (58 countries reporting)
- Montenegro's 656.44 million constant LCU is below the median for Europe & Central Asia, which is 99.16 billion constant LCU, 1% of the median. (54 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 511.64 million constant LCU | 471.30 million constant LCU | 608.24 million constant LCU | 10 |
| 2010s | 581.51 million constant LCU | 492.63 million constant LCU | 739.24 million constant LCU | 10 |
| 2020s | 668.74 million constant LCU | 656.44 million constant LCU | 680.22 million constant LCU | 6 |
Countries ranked near Montenegro
- 178 Sao Tome and Principe 743.77 million constant LCU compare
- 179 Monaco 724.31 million constant LCU compare
- 180 Saint Lucia 684.70 million constant LCU compare
- 182 Aruba 590.63 million constant LCU compare
- 183 San Marino 506.60 million constant LCU compare
- 184 Grenada 466.54 million constant LCU compare
More economy & growth data for Montenegro
- Real gdp growth, annual growth rate -14.66 % change on previous year (2025)
- 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)
Frequently asked questions
- What is industry (including construction), value added in Montenegro?
- Industry (including construction), value added in Montenegro was 656.44 million constant LCU 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 739.24 million constant LCU in 2019.
- What is the lowest industry (including construction), value added recorded in Montenegro?
- The lowest recorded value was 471.30 million constant LCU in 2003.
- How does Montenegro rank for industry (including construction), value added?
- Montenegro ranks 181st out of 200 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 LCU). 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 varies by country. This series is expressed in local currency units.