Services, value added in Montenegro
Montenegro: Services, value added was 3.51 billion constant 2015 US$ in 2025. ▲ Rising
Services, value added in Montenegro, 2000–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant 2015 US$.
Analysis
The most recent figure for services, value added in Montenegro is 3.51 billion constant 2015 US$, measured in 2025. That is the highest value across all 26 years on record.
That represents a change of up 1.6% on the previous year and up 38.5% over ten years.
Over the whole period, services, value added in Montenegro peaked at 3.51 billion constant 2015 US$ in 2025 and was at its lowest, 1.78 billion constant 2015 US$, in 2003.
Montenegro ranks 158th of 196 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 26 years of available data.
Services, value added in Montenegro, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 2000 | 1.93 billion constant 2015 US$ | — |
| 2001 | 1.85 billion constant 2015 US$ | -4.1% |
| 2002 | 1.86 billion constant 2015 US$ | +0.2% |
| 2003 | 1.78 billion constant 2015 US$ | -4.4% |
| 2004 | 1.79 billion constant 2015 US$ | +1.1% |
| 2005 | 1.83 billion constant 2015 US$ | +2.2% |
| 2006 | 1.94 billion constant 2015 US$ | +6.0% |
| 2007 | 2.10 billion constant 2015 US$ | +7.9% |
| 2008 | 2.19 billion constant 2015 US$ | +4.4% |
| 2009 | 2.17 billion constant 2015 US$ | -1.0% |
| 2010 | 2.22 billion constant 2015 US$ | +2.6% |
| 2011 | 2.31 billion constant 2015 US$ | +4.0% |
| 2012 | 2.33 billion constant 2015 US$ | +0.7% |
| 2013 | 2.36 billion constant 2015 US$ | +1.3% |
| 2014 | 2.45 billion constant 2015 US$ | +3.9% |
| 2015 | 2.53 billion constant 2015 US$ | +3.3% |
| 2016 | 2.56 billion constant 2015 US$ | +1.3% |
| 2017 | 2.65 billion constant 2015 US$ | +3.2% |
| 2018 | 2.76 billion constant 2015 US$ | +4.3% |
| 2019 | 2.90 billion constant 2015 US$ | +5.2% |
| 2020 | 2.45 billion constant 2015 US$ | -15.8% |
| 2021 | 2.88 billion constant 2015 US$ | +17.8% |
| 2022 | 3.15 billion constant 2015 US$ | +9.4% |
| 2023 | 3.36 billion constant 2015 US$ | +6.7% |
| 2024 | 3.45 billion constant 2015 US$ | +2.6% |
| 2025 | 3.51 billion constant 2015 US$ | +1.6% |
Montenegro compared with similar countries
- Montenegro's 3.51 billion constant 2015 US$ is below the median for upper middle income countries, which is 26.58 billion constant 2015 US$, 13% of the median. (58 countries reporting)
- Montenegro's 3.51 billion constant 2015 US$ is below the median for Europe & Central Asia, which is 47.31 billion constant 2015 US$, 7% of the median. (53 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.94 billion constant 2015 US$ | 1.78 billion constant 2015 US$ | 2.19 billion constant 2015 US$ | 10 |
| 2010s | 2.51 billion constant 2015 US$ | 2.22 billion constant 2015 US$ | 2.90 billion constant 2015 US$ | 10 |
| 2020s | 3.13 billion constant 2015 US$ | 2.45 billion constant 2015 US$ | 3.51 billion constant 2015 US$ | 6 |
Countries ranked near Montenegro
- 155 Mauritania 4.65 billion constant 2015 US$ compare
- 156 Kosovo 4.38 billion constant 2015 US$ compare
- 156 Kosovo (UNSCR 1244) 4.38 billion constant 2015 US$ compare
- 159 Fiji 3.07 billion constant 2015 US$ compare
- 160 Djibouti 3.06 billion constant 2015 US$ compare
- 161 Guyana 3.05 billion constant 2015 US$ 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$), annual growth rate 26.12 % change on previous year (2025)
Frequently asked questions
- What is services, value added in Montenegro?
- Services, value added in Montenegro was 3.51 billion constant 2015 US$ 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 3.51 billion constant 2015 US$ in 2025.
- What is the lowest services, value added recorded in Montenegro?
- The lowest recorded value was 1.78 billion constant 2015 US$ in 2003.
- How does Montenegro rank for services, value added?
- Montenegro ranks 158th out of 196 countries with data for 2025.
- Is services, value added rising or falling in Montenegro?
- Over the last ten years it is up 38.5%. 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 Services, value added (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 26 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 defense, 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 is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.