Services, value added (constant 2015 US$), annual growth rate (2015) in Montenegro
Montenegro: Services, value added (constant 2015 US$), annual growth rate (2015) was 1.62 % change on previous year in 2025. ◆ Volatile
Services, value added (constant 2015 US$), annual growth rate in Montenegro, 2001–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for services, value added (constant 2015 us$), 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 (2015) in Montenegro, year by year
| 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% |
Montenegro compared with similar countries
- Montenegro's 1.62 % change on previous year is below the median for upper middle income countries, which is 3.29 % change on previous year, 49% of the median. (58 countries reporting)
- Montenegro's 1.62 % change on previous year is below the median for Europe & Central Asia, which is 2.15 % change on previous year, 75% of the median. (53 countries reporting)
Biggest year-on-year movements
Years where Services, value added (constant 2015 US$), annual growth rate (2015) in Montenegro changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2003 | -2687.0% | 0.1684 % change on previous year | -4.36 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.36 % change on previous year | -4.36 % change on previous year | 7.87 % change on previous year | 9 |
| 2010s | 2.98 % change on previous year | 0.7158 % change on previous year | 5.16 % change on previous year | 10 |
| 2020s | 3.72 % change on previous year | -15.79 % change on previous year | 17.83 % change on previous year | 6 |
Countries ranked near Montenegro
- 150 Australia 1.72 % change on previous year compare
- 151 Netherlands 1.67 % change on previous year compare
- 152 Latvia 1.64 % change on previous year compare
- 154 United Kingdom 1.61 % change on previous year compare
- 155 Sao Tome and Principe 1.54 % change on previous year compare
- 156 Canada 1.54 % change on previous year compare
More economy & growth data for Montenegro
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.15 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 4.46 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0103 units per US$ 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)
- IMF holdings of currency, US dollar, per unit of GDP 0.0068 units per US$ of GDP (2025)
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$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Services, value added (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Services, value added Country official statistics, National Statistical Offices (NSOs)
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
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.