Services, value added (constant 2015 US$), annual growth rate in Montenegro

Montenegro: Services, value added (constant 2015 US$), annual growth rate was 1.62 % change on previous year in 2025. ◆ Volatile

Latest (2025)
1.62 % change on previous year
Change on year
down 38.2%
World rank
153rd
of 195 countries
All-time high
17.83 % change on previous year
in 2021
All-time low
-15.79 % change on previous year
in 2020
Years of data
25
2001–2025

Services, value added (constant 2015 US$), annual growth rate in Montenegro, 2001–2025

-20-10010202001201320252001: -4.1 % change on previous year2002: 0.168 % change on previous year2003: -4.4 % change on previous year2004: 1.1 % change on previous year2005: 2.2 % change on previous year2006: 6 % change on previous year2007: 7.9 % change on previous year2008: 4.4 % change on previous year2009: -1 % change on previous year2010: 2.6 % change on previous year2011: 4 % change on previous year2012: 0.716 % change on previous year2013: 1.3 % change on previous year2014: 3.9 % change on previous year2015: 3.3 % change on previous year2016: 1.3 % change on previous year2017: 3.2 % change on previous year2018: 4.3 % change on previous year2019: 5.2 % change on previous year2020: -15.8 % change on previous year2021: 17.8 % change on previous year2022: 9.4 % change on previous year2023: 6.7 % change on previous year2024: 2.6 % change on previous year2025: 1.6 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for services, value added (constant 2015 us$), annual growth rate in Montenegro is 1.62 % change on previous year, measured in 2025.

Compared with earlier readings it is down 38.2% on the previous year and down 51.0% over ten years.

Over the whole period, services, value added (constant 2015 us$), annual growth rate in Montenegro peaked at 17.83 % change on previous year in 2021 and was at its lowest, -15.79 % change on previous year, in 2020.

Montenegro ranks 153rd of 195 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 (constant 2015 US$), annual growth rate in Montenegro, year by year

Annual values for Services, value added (constant 2015 US$), annual growth rate in Montenegro, 2001 to 2025.
Year % change on previous year Change
2001 -4.07 % change on previous year
2002 0.1684 % change on previous year -104.1%
2003 -4.36 % change on previous year -2687.0%
2004 1.06 % change on previous year -124.4%
2005 2.16 % change on previous year +103.7%
2006 5.99 % change on previous year +176.9%
2007 7.87 % change on previous year +31.4%
2008 4.42 % change on previous year -43.8%
2009 -1.01 % change on previous year -122.8%
2010 2.58 % change on previous year -355.8%
2011 4.03 % change on previous year +56.4%
2012 0.7158 % change on previous year -82.2%
2013 1.27 % change on previous year +76.8%
2014 3.9 % change on previous year +208.2%
2015 3.32 % change on previous year -15.0%
2016 1.32 % change on previous year -60.1%
2017 3.24 % change on previous year +145.1%
2018 4.29 % change on previous year +32.3%
2019 5.16 % change on previous year +20.3%
2020 -15.79 % change on previous year -406.0%
2021 17.83 % change on previous year -213.0%
2022 9.35 % change on previous year -47.6%
2023 6.66 % change on previous year -28.8%
2024 2.63 % change on previous year -60.6%
2025 1.62 % change on previous year -38.2%

Averages by decade

DecadeAverage LowestHighest Years
2000s 1.36 % change on previous year -4.36 % change on previous year 7.87 % change on previous year 9
2010s 2.98 % change on previous year 0.7158 % change on previous year 5.16 % change on previous year 10
2020s 3.72 % change on previous year -15.79 % change on previous year 17.83 % change on previous year 6

Countries ranked near Montenegro

  1. 150 Australia 1.72 % change on previous year compare
  2. 151 Netherlands 1.67 % change on previous year compare
  3. 152 Latvia 1.64 % change on previous year compare
  4. 154 United Kingdom of Great Britain and Northern Ireland 1.61 % change on previous year compare
  5. 155 Sao Tome and Principe 1.54 % change on previous year compare
  6. 156 Canada 1.54 % change on previous year compare

See the full ranking of 238 places →

More economy & growth data for Montenegro

All data for Montenegro →

Frequently asked questions

What is services, value added (constant 2015 us$), annual growth rate in Montenegro?
Services, value added (constant 2015 us$), annual growth rate in Montenegro was 1.62 % change on previous year in 2025, according to Statizoid (derived).
What is the highest services, value added (constant 2015 us$), annual growth rate recorded in Montenegro?
The highest recorded value was 17.83 % change on previous year in 2021.
What is the lowest services, value added (constant 2015 us$), annual growth rate recorded in Montenegro?
The lowest recorded value was -15.79 % change on previous year in 2020.
How does Montenegro rank for services, value added (constant 2015 us$), annual growth rate?
Montenegro ranks 153rd out of 195 countries with data for 2025.
Is services, value added (constant 2015 us$), annual growth rate 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 Statizoid (derived), published as part of Services, value added (constant 2015 US$), annual growth rate. Statizoid updates them automatically from the source API.

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Services, value added (constant 2015 US$), annual growth rate in Montenegro. Statizoid, drawing on Statizoid (derived). Retrieved 31 August 2026, from https://economy.statizoid.com/stat/services-value-added-constant-2015-us-annual-growth-rate/montenegro/

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How this figure is calculated

The year-on-year percentage change in Services, value added (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Services, value added (constant 2015 US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
238 places, 9,572 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Services, value added (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.