Manufacturing, value added (constant 2015 US$), annual growth rate in Montenegro

Montenegro: Manufacturing, value added (constant 2015 US$), annual growth rate was 15.94 % change on previous year in 2024. ◆ Volatile

Latest (2024)
15.94 % change on previous year
Change on year
up 266.0%
World rank
7th
of 185 countries
All-time high
15.94 % change on previous year
in 2024
All-time low
-29.06 % change on previous year
in 2009
Years of data
24
2001–2024

Manufacturing, value added (constant 2015 US$), annual growth rate in Montenegro, 2001–2024

-30-20-10010202001201220242001: 1.2 % change on previous year2002: -4.4 % change on previous year2003: -6.4 % change on previous year2004: 5.6 % change on previous year2005: 5.5 % change on previous year2006: 4.5 % change on previous year2007: -24.1 % change on previous year2008: -5.4 % change on previous year2009: -29.1 % change on previous year2010: -7.2 % change on previous year2011: 4.1 % change on previous year2012: -9.8 % change on previous year2013: -1.1 % change on previous year2014: 2.4 % change on previous year2015: 2 % change on previous year2016: 0.804 % change on previous year2017: 6.2 % change on previous year2018: 9.7 % change on previous year2019: 0.381 % change on previous year2020: -10.4 % change on previous year2021: 12.1 % change on previous year2022: 5.2 % change on previous year2023: -9.6 % change on previous year2024: 15.9 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for manufacturing, value added (constant 2015 us$), annual growth rate in Montenegro is 15.94 % change on previous year, measured in 2024. That is the highest value across all 24 years on record.

That represents a change of up 266.0% on the previous year and up 554.8% over ten years.

Over the whole period, manufacturing, value added (constant 2015 us$), annual growth rate in Montenegro peaked at 15.94 % change on previous year in 2024 and was at its lowest, -29.06 % change on previous year, in 2009.

Montenegro ranks 7th of 185 countries on this measure, in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Manufacturing, value added (constant 2015 US$), annual growth rate in Montenegro, year by year

Annual values for Manufacturing, value added (constant 2015 US$), annual growth rate in Montenegro, 2001 to 2024.
Year % change on previous year Change
2001 1.18 % change on previous year
2002 -4.44 % change on previous year -476.6%
2003 -6.39 % change on previous year +43.9%
2004 5.61 % change on previous year -187.8%
2005 5.46 % change on previous year -2.7%
2006 4.5 % change on previous year -17.6%
2007 -24.07 % change on previous year -634.9%
2008 -5.38 % change on previous year -77.6%
2009 -29.06 % change on previous year +439.7%
2010 -7.24 % change on previous year -75.1%
2011 4.1 % change on previous year -156.6%
2012 -9.83 % change on previous year -340.1%
2013 -1.09 % change on previous year -88.9%
2014 2.43 % change on previous year -323.1%
2015 2.03 % change on previous year -16.8%
2016 0.8042 % change on previous year -60.3%
2017 6.21 % change on previous year +672.1%
2018 9.71 % change on previous year +56.3%
2019 0.3806 % change on previous year -96.1%
2020 -10.37 % change on previous year -2824.2%
2021 12.06 % change on previous year -216.3%
2022 5.18 % change on previous year -57.1%
2023 -9.6 % change on previous year -285.4%
2024 15.94 % change on previous year -266.0%

Averages by decade

DecadeAverage LowestHighest Years
2000s -5.84 % change on previous year -29.06 % change on previous year 5.61 % change on previous year 9
2010s 0.7492 % change on previous year -9.83 % change on previous year 9.71 % change on previous year 10
2020s 2.64 % change on previous year -10.37 % change on previous year 15.94 % change on previous year 5

Countries ranked near Montenegro

  1. 4 Maldives 19.36 % change on previous year compare
  2. 5 Palau 18.94 % change on previous year compare
  3. 6 South Sudan 17.83 % change on previous year compare
  4. 8 Djibouti 15.57 % change on previous year compare
  5. 9 Seychelles 12.99 % change on previous year compare
  6. 10 India 11.53 % change on previous year compare

See the full ranking of 220 places →

More economy & growth data for Montenegro

All data for Montenegro →

Frequently asked questions

What is manufacturing, value added (constant 2015 us$), annual growth rate in Montenegro?
Manufacturing, value added (constant 2015 us$), annual growth rate in Montenegro was 15.94 % change on previous year in 2024, according to Statizoid (derived).
What is the highest manufacturing, value added (constant 2015 us$), annual growth rate recorded in Montenegro?
The highest recorded value was 15.94 % change on previous year in 2024.
What is the lowest manufacturing, value added (constant 2015 us$), annual growth rate recorded in Montenegro?
The lowest recorded value was -29.06 % change on previous year in 2009.
How does Montenegro rank for manufacturing, value added (constant 2015 us$), annual growth rate?
Montenegro ranks 7th out of 185 countries with data for 2024.
Is manufacturing, value added (constant 2015 us$), annual growth rate 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 Statizoid (derived), published as part of Manufacturing, value added (constant 2015 US$), annual growth rate. Statizoid updates them automatically from the source API.

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Manufacturing, value added (constant 2015 US$), annual growth rate in Montenegro. Statizoid, drawing on Statizoid (derived). Retrieved 03 September 2026, from https://economy.statizoid.com/stat/manufacturing-value-added-constant-2015-us-annual-growth-rate/montenegro/

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How this figure is calculated

The year-on-year percentage change in Manufacturing, value added (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

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
Manufacturing, value added (constant 2015 US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
220 places, 8,744 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Manufacturing, value added (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.