Services, value added (constant LCU) in Montenegro
Montenegro: Services, value added (constant LCU) was 2.99 billion constant LCU in 2025. ▲ Rising
Services, value added in Montenegro, 2000–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
Montenegro recorded 2.99 billion constant LCU for services, value added in 2025. That is the highest value across all 26 years on record.
The figure is 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 2.99 billion constant LCU in 2025 and was at its lowest, 1.52 billion constant LCU, in 2003.
That places Montenegro 182nd out of 199 countries with data for 2025, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 26 years of available data.
Services, value added (constant LCU) in Montenegro, year by year
| Year | constant LCU | Change |
|---|---|---|
| 2000 | 1.65 billion constant LCU | — |
| 2001 | 1.58 billion constant LCU | -4.1% |
| 2002 | 1.58 billion constant LCU | +0.2% |
| 2003 | 1.52 billion constant LCU | -4.4% |
| 2004 | 1.53 billion constant LCU | +1.1% |
| 2005 | 1.56 billion constant LCU | +2.2% |
| 2006 | 1.66 billion constant LCU | +6.0% |
| 2007 | 1.79 billion constant LCU | +7.9% |
| 2008 | 1.87 billion constant LCU | +4.4% |
| 2009 | 1.85 billion constant LCU | -1.0% |
| 2010 | 1.90 billion constant LCU | +2.6% |
| 2011 | 1.97 billion constant LCU | +4.0% |
| 2012 | 1.99 billion constant LCU | +0.7% |
| 2013 | 2.01 billion constant LCU | +1.3% |
| 2014 | 2.09 billion constant LCU | +3.9% |
| 2015 | 2.16 billion constant LCU | +3.3% |
| 2016 | 2.19 billion constant LCU | +1.3% |
| 2017 | 2.26 billion constant LCU | +3.2% |
| 2018 | 2.36 billion constant LCU | +4.3% |
| 2019 | 2.48 billion constant LCU | +5.2% |
| 2020 | 2.09 billion constant LCU | -15.8% |
| 2021 | 2.46 billion constant LCU | +17.8% |
| 2022 | 2.69 billion constant LCU | +9.4% |
| 2023 | 2.87 billion constant LCU | +6.7% |
| 2024 | 2.94 billion constant LCU | +2.6% |
| 2025 | 2.99 billion constant LCU | +1.6% |
Montenegro compared with similar countries
- Montenegro's 2.99 billion constant LCU is below the median for upper middle income countries, which is 353.44 billion constant LCU, 1% of the median. (58 countries reporting)
- Montenegro's 2.99 billion constant LCU is below the median for Europe & Central Asia, which is 280.65 billion constant LCU, 1% of the median. (54 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.66 billion constant LCU | 1.52 billion constant LCU | 1.87 billion constant LCU | 10 |
| 2010s | 2.14 billion constant LCU | 1.90 billion constant LCU | 2.48 billion constant LCU | 10 |
| 2020s | 2.67 billion constant LCU | 2.09 billion constant LCU | 2.99 billion constant LCU | 6 |
Countries ranked near Montenegro
- 179 Kosovo 3.17 billion constant LCU compare
- 179 Kosovo (UNSCR 1244) 3.17 billion constant LCU compare
- 181 Sudan 3.07 billion constant LCU compare
- 183 Sao Tome and Principe 2.88 billion constant LCU compare
- 184 Andorra 2.43 billion constant LCU compare
- 185 Sint Maarten (Dutch part) 2.01 billion constant LCU 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 in Montenegro?
- Services, value added in Montenegro was 2.99 billion constant LCU 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 2.99 billion constant LCU in 2025.
- What is the lowest services, value added recorded in Montenegro?
- The lowest recorded value was 1.52 billion constant LCU in 2003.
- How does Montenegro rank for services, value added?
- Montenegro ranks 182nd out of 199 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 LCU). Statizoid updates them automatically from the source API.
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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 is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.