Services, value added in Montenegro
Montenegro: Services, value added was 1.6% in 2025. ◆ Volatile
Services, value added in Montenegro, 2001–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.
Analysis
In 2025, services, value added in Montenegro stood at 1.6%.
That represents a change of down 38.2% on the previous year and down 51.0% over ten years.
Over the whole period, services, value added in Montenegro peaked at 17.8% in 2021 and was at its lowest, -15.8%, in 2020.
Montenegro ranks 155th of 198 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Services, value added in Montenegro, year by year
| Year | annual % growth | Change |
|---|---|---|
| 2001 | -4.1% | — |
| 2002 | 0.2% | -104.1% |
| 2003 | -4.4% | -2688.7% |
| 2004 | 1.1% | -124.4% |
| 2005 | 2.2% | +103.7% |
| 2006 | 6.0% | +176.8% |
| 2007 | 7.9% | +31.4% |
| 2008 | 4.4% | -43.8% |
| 2009 | -1.0% | -122.8% |
| 2010 | 2.6% | -355.8% |
| 2011 | 4.0% | +56.4% |
| 2012 | 0.7% | -82.2% |
| 2013 | 1.3% | +76.8% |
| 2014 | 3.9% | +208.3% |
| 2015 | 3.3% | -15.0% |
| 2016 | 1.3% | -60.1% |
| 2017 | 3.2% | +145.1% |
| 2018 | 4.3% | +32.3% |
| 2019 | 5.2% | +20.3% |
| 2020 | -15.8% | -406.0% |
| 2021 | 17.8% | -213.0% |
| 2022 | 9.4% | -47.6% |
| 2023 | 6.7% | -28.8% |
| 2024 | 2.6% | -60.6% |
| 2025 | 1.6% | -38.2% |
Montenegro compared with similar countries
- Montenegro's 1.6% is below the median for upper middle income countries, which is 3.3%, 49% of the median. (58 countries reporting)
- Montenegro's 1.6% is below the median for Europe & Central Asia, which is 2.2%, 75% of the median. (53 countries reporting)
Biggest year-on-year movements
Years where Services, value added in Montenegro changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2003 | -2688.7% | 0.2% | -4.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.4% | -4.4% | 7.9% | 9 |
| 2010s | 3.0% | 0.7% | 5.2% | 10 |
| 2020s | 3.7% | -15.8% | 17.8% | 6 |
Countries ranked near Montenegro
- 152 Australia 1.7% compare
- 153 Netherlands 1.7% compare
- 154 Latvia 1.6% compare
- 156 United Kingdom 1.6% compare
- 157 Sao Tome and Principe 1.5% compare
- 158 Canada 1.5% compare
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 services, value added in Montenegro?
- Services, value added in Montenegro was 1.6% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest services, value added recorded in Montenegro?
- The highest recorded value was 17.8% in 2021.
- What is the lowest services, value added recorded in Montenegro?
- The lowest recorded value was -15.8% in 2020.
- How does Montenegro rank for services, value added?
- Montenegro ranks 155th out of 198 countries with data for 2025.
- Is services, value added rising or falling in Montenegro?
- Over the last ten years it is down 51.0%. The long-run trend across the full record is volatile.
- Where does this Montenegro data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Services, value added (annual % growth). 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
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. 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 denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.