Manufacturing, value added in Montenegro
Montenegro: Manufacturing, value added was 254.68 million current LCU in 2024. ▲ Rising
Manufacturing, value added in Montenegro, 2000–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
Montenegro recorded 254.68 million current LCU for manufacturing, value added in 2024. That is the highest value across all 25 years on record.
That represents a change of up 24.4% on the previous year and up 107.6% over ten years.
Over the whole period, manufacturing, value added in Montenegro peaked at 254.68 million current LCU in 2024 and was at its lowest, 98.91 million current LCU, in 2000.
Montenegro ranks 179th of 205 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 25 years of available data.
Manufacturing, value added in Montenegro, year by year
| Year | current LCU | Change |
|---|---|---|
| 2000 | 98.91 million current LCU | — |
| 2001 | 149.71 million current LCU | +51.4% |
| 2002 | 141.50 million current LCU | -5.5% |
| 2003 | 132.26 million current LCU | -6.5% |
| 2004 | 145.77 million current LCU | +10.2% |
| 2005 | 148.69 million current LCU | +2.0% |
| 2006 | 186.21 million current LCU | +25.2% |
| 2007 | 149.61 million current LCU | -19.7% |
| 2008 | 173.76 million current LCU | +16.1% |
| 2009 | 138.18 million current LCU | -20.5% |
| 2010 | 140.58 million current LCU | +1.7% |
| 2011 | 148.12 million current LCU | +5.4% |
| 2012 | 122.66 million current LCU | -17.2% |
| 2013 | 115.68 million current LCU | -5.7% |
| 2014 | 122.70 million current LCU | +6.1% |
| 2015 | 128.43 million current LCU | +4.7% |
| 2016 | 136.55 million current LCU | +6.3% |
| 2017 | 149.12 million current LCU | +9.2% |
| 2018 | 172.30 million current LCU | +15.5% |
| 2019 | 172.62 million current LCU | +0.2% |
| 2020 | 159.22 million current LCU | -7.8% |
| 2021 | 181.58 million current LCU | +14.0% |
| 2022 | 222.97 million current LCU | +22.8% |
| 2023 | 204.67 million current LCU | -8.2% |
| 2024 | 254.68 million current LCU | +24.4% |
Montenegro compared with similar countries
- Montenegro's 254.68 million current LCU is below the median for upper middle income countries, which is 124.95 billion current LCU, 0% of the median. (59 countries reporting)
- Montenegro's 254.68 million current LCU is below the median for Europe & Central Asia, which is 74.90 billion current LCU, 0% of the median. (54 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 146.46 million current LCU | 98.91 million current LCU | 186.21 million current LCU | 10 |
| 2010s | 140.88 million current LCU | 115.68 million current LCU | 172.62 million current LCU | 10 |
| 2020s | 204.63 million current LCU | 159.22 million current LCU | 254.68 million current LCU | 5 |
Countries ranked near Montenegro
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 in Montenegro?
- Manufacturing, value added in Montenegro was 254.68 million current LCU 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 254.68 million current LCU in 2024.
- What is the lowest manufacturing, value added recorded in Montenegro?
- The lowest recorded value was 98.91 million current LCU in 2000.
- How does Montenegro rank for manufacturing, value added?
- Montenegro ranks 179th out of 205 countries with data for 2024.
- Is manufacturing, value added rising or falling in Montenegro?
- Over the last ten years it is up 107.6%. 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 Manufacturing, value added (current LCU). Statizoid updates them automatically from the source API.
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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 is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.