Manufacturing value added (current United States dollars) in Montenegro
Montenegro: Manufacturing value added (current United States dollars) was 3.3% in 2024. ▼ Falling
Latest (2024)
3.3%
Change on year
up 14.8%
World rank
198th
of 229 countries
All-time high
11.9%
in 2001
All-time low
2.9%
in 2023
Years of data
25
2000–2024
Manufacturing value added (current United States dollars) as a in Montenegro, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2024, manufacturing value added (current united states dollars) as a in Montenegro stood at 3.3%.
That represents a change of up 14.8% on the previous year and down 6.5% over ten years.
Over the whole period, manufacturing value added (current united states dollars) as a in Montenegro peaked at 11.9% in 2001 and was at its lowest, 2.9%, in 2023.
That places Montenegro 198th out of 229 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 25 years of available data.
Manufacturing value added (current United States dollars) in Montenegro, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 9.4% | — |
| 2001 | 11.9% | +26.1% |
| 2002 | 10.9% | -8.3% |
| 2003 | 9.3% | -14.2% |
| 2004 | 9.5% | +1.4% |
| 2005 | 9.1% | -4.4% |
| 2006 | 8.6% | -5.0% |
| 2007 | 5.6% | -35.2% |
| 2008 | 5.6% | +0.5% |
| 2009 | 4.6% | -17.3% |
| 2010 | 4.5% | -2.8% |
| 2011 | 4.6% | +1.6% |
| 2012 | 3.9% | -15.3% |
| 2013 | 3.5% | -10.3% |
| 2014 | 3.6% | +2.6% |
| 2015 | 3.5% | -0.3% |
| 2016 | 3.5% | -2.3% |
| 2017 | 3.5% | +1.2% |
| 2018 | 3.7% | +6.6% |
| 2019 | 3.5% | -5.9% |
| 2020 | 3.8% | +9.1% |
| 2021 | 3.7% | -3.9% |
| 2022 | 3.8% | +1.6% |
| 2023 | 2.9% | -22.7% |
| 2024 | 3.3% | +14.8% |
Montenegro compared with similar countries
- Montenegro's 3.3% is below the median for upper middle income countries, which is 11.7%, 29% of the median. (56 countries reporting)
- Montenegro's 3.3% is below the median for Europe & Central Asia, which is 12.5%, 27% of the median. (53 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 8.4% | 4.6% | 11.9% | 10 |
| 2010s | 3.8% | 3.5% | 4.6% | 10 |
| 2020s | 3.5% | 2.9% | 3.8% | 5 |
Countries ranked near Montenegro
- 195 Grenada 3.8% compare
- 196 Montserrat 3.7% compare
- 197 Marshall Islands 3.5% compare
- 199 Saint Vincent and the Grenadines 3.3% compare
- 200 Monaco 3.2% compare
- 201 Andorra 3.1% 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 manufacturing value added (current united states dollars) as a in Montenegro?
- Manufacturing value added (current united states dollars) as a in Montenegro was 3.3% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest manufacturing value added (current united states dollars) as a recorded in Montenegro?
- The highest recorded value was 11.9% in 2001.
- What is the lowest manufacturing value added (current united states dollars) as a recorded in Montenegro?
- The lowest recorded value was 2.9% in 2023.
- How does Montenegro rank for manufacturing value added (current united states dollars) as a?
- Montenegro ranks 198th out of 229 countries with data for 2024.
- Is manufacturing value added (current united states dollars) as a rising or falling in Montenegro?
- Over the last ten years it is down 6.5%. The long-run trend across the full record is falling.
- Where does this Montenegro data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Manufacturing value added (current United States dollars) as a proportion of GDP (%). Statizoid updates them automatically from the source API.
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