Manufacturing value added to gdp in Montenegro
Montenegro: Manufacturing value added to gdp was 3.33 in 2024. ▼ Falling
Latest (2024)
3.33
Change on year
up 15.1%
World rank
174th
of 202 countries
All-time high
11.56
in 2001
All-time low
2.9
in 2023
Years of data
25
2000–2024
Manufacturing value added to gdp in Montenegro, 2000–2024
Source: Our World in Data.
Analysis
In 2024, manufacturing value added to gdp in Montenegro stood at 3.33.
Compared with earlier readings it is up 15.1% on the previous year and down 6.4% over ten years.
Over the whole period, manufacturing value added to gdp in Montenegro peaked at 11.56 in 2001 and was at its lowest, 2.9, in 2023.
Montenegro ranks 174th of 202 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 25 years of available data.
Manufacturing value added to gdp in Montenegro, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 9.28 | — |
| 2001 | 11.56 | +24.6% |
| 2002 | 10.4 | -10.0% |
| 2003 | 8.76 | -15.8% |
| 2004 | 8.73 | -0.3% |
| 2005 | 8.19 | -6.2% |
| 2006 | 8.6 | +4.9% |
| 2007 | 5.57 | -35.2% |
| 2008 | 5.6 | +0.7% |
| 2009 | 4.63 | -17.3% |
| 2010 | 4.5 | -2.8% |
| 2011 | 4.57 | +1.5% |
| 2012 | 3.87 | -15.4% |
| 2013 | 3.47 | -10.2% |
| 2014 | 3.56 | +2.4% |
| 2015 | 3.55 | -0.2% |
| 2016 | 3.47 | -2.4% |
| 2017 | 3.51 | +1.1% |
| 2018 | 3.74 | +6.8% |
| 2019 | 3.52 | -5.9% |
| 2020 | 3.84 | +9.0% |
| 2021 | 3.69 | -4.0% |
| 2022 | 3.75 | +1.7% |
| 2023 | 2.9 | -22.8% |
| 2024 | 3.33 | +15.1% |
Montenegro compared with similar countries
- Montenegro's 3.33 is below the median for upper middle income countries, which is 11.5, 29% of the median. (58 countries reporting)
- Montenegro's 3.33 is below the median for Europe & Central Asia, which is 12.03, 28% of the median. (53 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 8.13 | 4.63 | 11.56 | 10 |
| 2010s | 3.78 | 3.47 | 4.57 | 10 |
| 2020s | 3.5 | 2.9 | 3.84 | 5 |
Countries ranked near Montenegro
- 171 Luxembourg 3.72 compare
- 172 Saint Lucia 3.58 compare
- 173 South Sudan 3.53 compare
- 175 Grenada 3.3 compare
- 176 Marshall Islands 3.17 compare
- 177 Andorra 3.13 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 to gdp in Montenegro?
- Manufacturing value added to gdp in Montenegro was 3.33 in 2024, according to Our World in Data.
- What is the highest manufacturing value added to gdp recorded in Montenegro?
- The highest recorded value was 11.56 in 2001.
- What is the lowest manufacturing value added to gdp recorded in Montenegro?
- The lowest recorded value was 2.9 in 2023.
- How does Montenegro rank for manufacturing value added to gdp?
- Montenegro ranks 174th out of 202 countries with data for 2024.
- Is manufacturing value added to gdp rising or falling in Montenegro?
- Over the last ten years it is down 6.4%. The long-run trend across the full record is falling.
- Where does this Montenegro data come from?
- The figures come from Our World in Data, published as part of Manufacturing value added to gdp. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under CC BY 4.0 (Our World in Data).