Manufacturing, value added (constant LCU), per unit of GDP in Montenegro
Montenegro: Manufacturing, value added (constant LCU), per unit of GDP was 0.0215 constant LCU per US$ of GDP in 2024. ◆ Volatile
Manufacturing, value added (constant LCU), per unit of GDP in Montenegro, 2000–2024
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
Montenegro recorded 0.0215 constant LCU per US$ of GDP for manufacturing, value added (constant lcu), per unit of gdp in 2024.
The figure is up 7.1% on the previous year and down 26.3% over ten years.
Over the whole period, manufacturing, value added (constant lcu), per unit of gdp in Montenegro peaked at 0.2868 constant LCU per US$ of GDP in 2000 and was at its lowest, 0.0201 constant LCU per US$ of GDP, in 2023.
That places Montenegro 181st out of 190 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Manufacturing, value added (constant LCU), per unit of GDP in Montenegro, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 2000 | 0.2868 constant LCU per US$ of GDP | — |
| 2001 | 0.2463 constant LCU per US$ of GDP | -14.1% |
| 2002 | 0.2122 constant LCU per US$ of GDP | -13.8% |
| 2003 | 0.1496 constant LCU per US$ of GDP | -29.5% |
| 2004 | 0.1299 constant LCU per US$ of GDP | -13.1% |
| 2005 | 0.126 constant LCU per US$ of GDP | -3.0% |
| 2006 | 0.1093 constant LCU per US$ of GDP | -13.2% |
| 2007 | 0.0613 constant LCU per US$ of GDP | -43.9% |
| 2008 | 0.0469 constant LCU per US$ of GDP | -23.6% |
| 2009 | 0.0364 constant LCU per US$ of GDP | -22.2% |
| 2010 | 0.034 constant LCU per US$ of GDP | -6.7% |
| 2011 | 0.0325 constant LCU per US$ of GDP | -4.5% |
| 2012 | 0.0324 constant LCU per US$ of GDP | -0.2% |
| 2013 | 0.0295 constant LCU per US$ of GDP | -8.9% |
| 2014 | 0.0292 constant LCU per US$ of GDP | -1.1% |
| 2015 | 0.034 constant LCU per US$ of GDP | +16.5% |
| 2016 | 0.0316 constant LCU per US$ of GDP | -7.2% |
| 2017 | 0.0304 constant LCU per US$ of GDP | -3.7% |
| 2018 | 0.0295 constant LCU per US$ of GDP | -3.0% |
| 2019 | 0.0293 constant LCU per US$ of GDP | -0.5% |
| 2020 | 0.0304 constant LCU per US$ of GDP | +3.8% |
| 2021 | 0.0277 constant LCU per US$ of GDP | -8.9% |
| 2022 | 0.0271 constant LCU per US$ of GDP | -2.2% |
| 2023 | 0.0201 constant LCU per US$ of GDP | -26.0% |
| 2024 | 0.0215 constant LCU per US$ of GDP | +7.1% |
Montenegro compared with similar countries
- Montenegro's 0.0215 constant LCU per US$ of GDP is below the median for upper middle income countries, which is 0.6295 constant LCU per US$ of GDP, 3% of the median. (56 countries reporting)
- Montenegro's 0.0215 constant LCU per US$ of GDP is below the median for Europe & Central Asia, which is 0.1578 constant LCU per US$ of GDP, 14% of the median. (51 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.1405 constant LCU per US$ of GDP | 0.0364 constant LCU per US$ of GDP | 0.2868 constant LCU per US$ of GDP | 10 |
| 2010s | 0.0312 constant LCU per US$ of GDP | 0.0292 constant LCU per US$ of GDP | 0.034 constant LCU per US$ of GDP | 10 |
| 2020s | 0.0254 constant LCU per US$ of GDP | 0.0201 constant LCU per US$ of GDP | 0.0304 constant LCU per US$ of GDP | 5 |
Countries ranked near Montenegro
- 178 Sint Maarten (Dutch part) 0.0245 constant LCU per US$ of GDP compare
- 179 Andorra 0.0232 constant LCU per US$ of GDP compare
- 180 Kuwait 0.0219 constant LCU per US$ of GDP compare
- 182 Timor-Leste 0.0155 constant LCU per US$ of GDP compare
- 183 Isle of Man 0.0124 constant LCU per US$ of GDP compare
- 184 Marshall Islands 0.0117 constant LCU per US$ of GDP 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$), annual growth rate 26.12 % change on previous year (2025)
Frequently asked questions
- What is manufacturing, value added (constant lcu), per unit of gdp in Montenegro?
- Manufacturing, value added (constant lcu), per unit of gdp in Montenegro was 0.0215 constant LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest manufacturing, value added (constant lcu), per unit of gdp recorded in Montenegro?
- The highest recorded value was 0.2868 constant LCU per US$ of GDP in 2000.
- What is the lowest manufacturing, value added (constant lcu), per unit of gdp recorded in Montenegro?
- The lowest recorded value was 0.0201 constant LCU per US$ of GDP in 2023.
- How does Montenegro rank for manufacturing, value added (constant lcu), per unit of gdp?
- Montenegro ranks 181st out of 190 countries with data for 2024.
- Is manufacturing, value added (constant lcu), per unit of gdp rising or falling in Montenegro?
- Over the last ten years it is down 26.3%. 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 LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Manufacturing, value added (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Manufacturing, value added (constant LCU) ÷ GDP (current US$)
Computed from
- Manufacturing, value added Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
Manufacturing, value added (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.