Services, value added (% of GDP) in Montenegro
Montenegro: Services, value added (% of GDP) was 63.4% in 2025. ▲ Rising
Services, value added in Montenegro, 2000–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
The most recent figure for services, value added in Montenegro is 63.4%, measured in 2025.
That represents a change of down 0.6% on the previous year and up 0.4% over ten years.
Over the whole period, services, value added in Montenegro peaked at 64.0% in 2012 and was at its lowest, 56.2%, in 2003.
That places Montenegro 67th out of 206 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 26 years of available data.
Services, value added (% of GDP) in Montenegro, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2000 | 58.2% | — |
| 2001 | 57.4% | -1.4% |
| 2002 | 57.1% | -0.5% |
| 2003 | 56.2% | -1.6% |
| 2004 | 56.9% | +1.3% |
| 2005 | 57.6% | +1.3% |
| 2006 | 57.6% | -0.1% |
| 2007 | 57.0% | -1.0% |
| 2008 | 56.9% | -0.1% |
| 2009 | 59.5% | +4.5% |
| 2010 | 60.8% | +2.2% |
| 2011 | 63.3% | +4.1% |
| 2012 | 64.0% | +1.1% |
| 2013 | 61.1% | -4.5% |
| 2014 | 61.5% | +0.5% |
| 2015 | 63.1% | +2.7% |
| 2016 | 62.3% | -1.3% |
| 2017 | 62.4% | +0.2% |
| 2018 | 61.5% | -1.5% |
| 2019 | 60.9% | -0.9% |
| 2020 | 60.9% | -0.0% |
| 2021 | 62.4% | +2.5% |
| 2022 | 63.2% | +1.2% |
| 2023 | 64.0% | +1.3% |
| 2024 | 63.8% | -0.3% |
| 2025 | 63.4% | -0.6% |
Montenegro compared with similar countries
- Montenegro's 63.4% is above the median for upper middle income countries, which is 58.1%, 1.1× the median. (58 countries reporting)
- Montenegro's 63.4% is above the median for Europe & Central Asia, which is 61.4%, 1.0× the median. (56 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 57.4% | 56.2% | 59.5% | 10 |
| 2010s | 62.1% | 60.8% | 64.0% | 10 |
| 2020s | 62.9% | 60.9% | 64.0% | 6 |
Countries ranked near Montenegro
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 63.4% 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 64.0% in 2012.
- What is the lowest services, value added recorded in Montenegro?
- The lowest recorded value was 56.2% in 2003.
- How does Montenegro rank for services, value added?
- Montenegro ranks 67th out of 206 countries with data for 2025.
- Is services, value added rising or falling in Montenegro?
- Over the last ten years it is up 0.4%. 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 (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.