Manufacturing, value added (current US$) in Montenegro
Montenegro: Manufacturing, value added (current US$) was 275.66 million current US$ in 2024. ▲ Rising
Manufacturing, value added in Montenegro, 2000–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
The most recent figure for manufacturing, value added in Montenegro is 275.66 million current US$, measured in 2024. That is the highest value across all 25 years on record.
The figure is up 24.6% on the previous year and up 69.1% over ten years.
Over the whole period, manufacturing, value added in Montenegro peaked at 275.66 million current US$ in 2024 and was at its lowest, 91.35 million current US$, in 2000.
Montenegro ranks 163rd of 205 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 25 years of available data.
Manufacturing, value added (current US$) in Montenegro, year by year
| Year | current US$ | Change |
|---|---|---|
| 2000 | 91.35 million current US$ | — |
| 2001 | 134.07 million current US$ | +46.8% |
| 2002 | 133.80 million current US$ | -0.2% |
| 2003 | 149.61 million current US$ | +11.8% |
| 2004 | 181.32 million current US$ | +21.2% |
| 2005 | 184.98 million current US$ | +2.0% |
| 2006 | 233.81 million current US$ | +26.4% |
| 2007 | 205.04 million current US$ | -12.3% |
| 2008 | 255.55 million current US$ | +24.6% |
| 2009 | 192.72 million current US$ | -24.6% |
| 2010 | 186.37 million current US$ | -3.3% |
| 2011 | 206.18 million current US$ | +10.6% |
| 2012 | 157.59 million current US$ | -23.6% |
| 2013 | 153.63 million current US$ | -2.5% |
| 2014 | 163.00 million current US$ | +6.1% |
| 2015 | 142.50 million current US$ | -12.6% |
| 2016 | 151.15 million current US$ | +6.1% |
| 2017 | 168.46 million current US$ | +11.4% |
| 2018 | 203.48 million current US$ | +20.8% |
| 2019 | 193.24 million current US$ | -5.0% |
| 2020 | 181.86 million current US$ | -5.9% |
| 2021 | 214.77 million current US$ | +18.1% |
| 2022 | 234.80 million current US$ | +9.3% |
| 2023 | 221.31 million current US$ | -5.7% |
| 2024 | 275.66 million current US$ | +24.6% |
Montenegro compared with similar countries
- Montenegro's 275.66 million current US$ is below the median for upper middle income countries, which is 4.09 billion current US$, 7% of the median. (59 countries reporting)
- Montenegro's 275.66 million current US$ is below the median for Europe & Central Asia, which is 16.32 billion current US$, 2% of the median. (54 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 176.23 million current US$ | 91.35 million current US$ | 255.55 million current US$ | 10 |
| 2010s | 172.56 million current US$ | 142.50 million current US$ | 206.18 million current US$ | 10 |
| 2020s | 225.68 million current US$ | 181.86 million current US$ | 275.66 million current US$ | 5 |
Countries ranked near Montenegro
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 in Montenegro?
- Manufacturing, value added in Montenegro was 275.66 million current US$ 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 275.66 million current US$ in 2024.
- What is the lowest manufacturing, value added recorded in Montenegro?
- The lowest recorded value was 91.35 million current US$ in 2000.
- How does Montenegro rank for manufacturing, value added?
- Montenegro ranks 163rd 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 69.1%. 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 US$). 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 indicator is expressed in United States dollars.