Manufacturing, value added in Montenegro
Montenegro: Manufacturing, value added was 15.9% in 2024. ◆ Volatile
Manufacturing, value added in Montenegro, 2001–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.
Analysis
Montenegro recorded 15.9% for manufacturing, value added in 2024. That is the highest value across all 24 years on record.
Compared with earlier readings it is up 266.0% on the previous year and up 554.8% over ten years.
Over the whole period, manufacturing, value added in Montenegro peaked at 15.9% in 2024 and was at its lowest, -29.1%, in 2009.
That places Montenegro 7th out of 189 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -5.8% | -29.1% | 5.6% | 9 |
| 2010s | 0.7% | -9.8% | 9.7% | 10 |
| 2020s | 2.6% | -10.4% | 15.9% | 5 |
Countries ranked near Montenegro
More economy & growth data for Montenegro
- External balance on goods and services as a percent of GDP -25.6% (2025)
- Inflation of consumer prices 3.9% (2025)
- GDP per capita 8,780 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 3.3% (2024)
- Gross domestic product (GDP) 5.47 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 8,780 constant 2015 US$ (2025)
- DEC alternative conversion factor 0.885 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 407.70 million current LCU (2025)
- Net secondary income (Net current transfers from abroad) 460.69 million current US$ (2025)
- Taxes less subsidies on products 1.80 billion current LCU (2025)
Frequently asked questions
- What is manufacturing, value added in Montenegro?
- Manufacturing, value added in Montenegro was 15.9% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest manufacturing, value added recorded in Montenegro?
- The highest recorded value was 15.9% in 2024.
- What is the lowest manufacturing, value added recorded in Montenegro?
- The lowest recorded value was -29.1% in 2009.
- How does Montenegro rank for manufacturing, value added?
- Montenegro ranks 7th out of 189 countries with data for 2024.
- Is manufacturing, value added rising or falling in Montenegro?
- Over the last ten years it is up 554.8%. The long-run trend across the full record is volatile.
- Where does this Montenegro data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Manufacturing, value added (annual % growth). Statizoid updates them automatically from the source API.
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CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. 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 denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.