Manufacturing, value added in Montenegro
Montenegro: Manufacturing, value added 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$, in 2000.
Montenegro ranks 161st of 202 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 25 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 176.23 million current US$ | 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
- External balance on goods and services as a percent of GDP -25.6% (2025)
- Inflation of consumer prices 3.9% (2025)
- GDP per capita 8,780 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 3.3% (2024)
- Gross domestic product (GDP) 5.47 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 8,780 constant 2015 US$ (2025)
- DEC alternative conversion factor 0.885 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 407.70 million current LCU (2025)
- Net secondary income (Net current transfers from abroad) 460.69 million current US$ (2025)
- Taxes less subsidies on products 1.80 billion current LCU (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 161st out of 202 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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CSV · JSON — 25 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.