Value Added Deflator (Manufacturing) — Value Standard Local Currency in Montenegro
Montenegro: Value Added Deflator (Manufacturing) — Value Standard Local Currency was 2.46 % change on previous year in 2023. ◆ Volatile
Value Added Deflator (Manufacturing) — Value Standard Local Currency in Montenegro, 1991–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Montenegro recorded 2.46 % change on previous year for value added deflator (manufacturing) — value standard local currency in 2023.
Compared with earlier readings it is down 85.4% on the previous year and up 255.1% over ten years.
Over the whole period, value added deflator (manufacturing) — value standard local currency in Montenegro peaked at 49.6 % change on previous year in 2001 and was at its lowest, -40.4 % change on previous year, in 1996.
That places Montenegro 136th out of 209 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Value Added Deflator (Manufacturing) — Value Standard Local Currency in Montenegro, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1991 | -6.02 % change on previous year | — |
| 1992 | 3.92 % change on previous year | -165.1% |
| 1993 | -7.48 % change on previous year | -290.7% |
| 1994 | -0.7597 % change on previous year | -89.8% |
| 1995 | 11.49 % change on previous year | -1612.3% |
| 1996 | -40.4 % change on previous year | -451.6% |
| 1997 | 1.84 % change on previous year | -104.5% |
| 1998 | 1.94 % change on previous year | +5.6% |
| 1999 | 12.34 % change on previous year | +536.6% |
| 2000 | 4.47 % change on previous year | -63.8% |
| 2001 | 49.6 % change on previous year | +1010.6% |
| 2002 | -1.09 % change on previous year | -102.2% |
| 2003 | -0.1418 % change on previous year | -87.0% |
| 2004 | 4.36 % change on previous year | -3170.4% |
| 2005 | -3.28 % change on previous year | -175.4% |
| 2006 | 5.98 % change on previous year | -282.2% |
| 2007 | 7.25 % change on previous year | +21.2% |
| 2008 | 22.7 % change on previous year | +213.2% |
| 2009 | 20.09 % change on previous year | -11.5% |
| 2010 | 11.42 % change on previous year | -43.1% |
| 2011 | 3.02 % change on previous year | -73.6% |
| 2012 | -8.29 % change on previous year | -374.7% |
| 2013 | -1.59 % change on previous year | -80.8% |
| 2014 | 0.7585 % change on previous year | -147.7% |
| 2015 | 5.1 % change on previous year | +572.8% |
| 2016 | 3.09 % change on previous year | -39.5% |
| 2017 | 2.24 % change on previous year | -27.6% |
| 2018 | 3.04 % change on previous year | +36.1% |
| 2019 | 0.0755 % change on previous year | -97.5% |
| 2020 | 2.05 % change on previous year | +2610.2% |
| 2021 | 1.43 % change on previous year | -30.2% |
| 2022 | 16.88 % change on previous year | +1080.9% |
| 2023 | 2.46 % change on previous year | -85.4% |
Montenegro compared with similar countries
- Montenegro's 2.46 % change on previous year is below the median for upper middle income countries, which is 3.77 % change on previous year, 65% of the median. (51 countries reporting)
- Montenegro's 2.46 % change on previous year is below the median for Europe & Central Asia, which is 5.11 % change on previous year, 48% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where Value Added Deflator (Manufacturing) — Value Standard Local Currency 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 |
|---|---|---|---|
| 2004 | +3170.4% | -0.1418 % change on previous year | 4.36 % change on previous year |
| 2020 | +2610.2% | 0.0755 % change on previous year | 2.05 % change on previous year |
| 1995 | +1612.3% | -0.7597 % change on previous year | 11.49 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -2.57 % change on previous year | -40.4 % change on previous year | 12.34 % change on previous year | 9 |
| 2000s | 10.99 % change on previous year | -3.28 % change on previous year | 49.6 % change on previous year | 10 |
| 2010s | 1.89 % change on previous year | -8.29 % change on previous year | 11.42 % change on previous year | 10 |
| 2020s | 5.7 % change on previous year | 1.43 % change on previous year | 16.88 % change on previous year | 4 |
Countries ranked near Montenegro
- 133 Grenada 2.54 % change on previous year compare
- 134 Eswatini 2.52 % change on previous year compare
- 135 El Salvador 2.49 % change on previous year compare
- 137 Curaçao 2.4 % change on previous year compare
- 138 Saudi Arabia 2.19 % change on previous year compare
- 139 Togo 2.18 % 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)
- 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 value added deflator (manufacturing) — value standard local currency in Montenegro?
- Value added deflator (manufacturing) — value standard local currency in Montenegro was 2.46 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest value added deflator (manufacturing) — value standard local currency recorded in Montenegro?
- The highest recorded value was 49.6 % change on previous year in 2001.
- What is the lowest value added deflator (manufacturing) — value standard local currency recorded in Montenegro?
- The lowest recorded value was -40.4 % change on previous year in 1996.
- How does Montenegro rank for value added deflator (manufacturing) — value standard local currency?
- Montenegro ranks 136th out of 209 countries with data for 2023.
- Is value added deflator (manufacturing) — value standard local currency rising or falling in Montenegro?
- Over the last ten years it is up 255.1%. 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 Value Added Deflator (Manufacturing) — Value Standard Local Currency, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Value Added Deflator (Manufacturing) — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Value Added Deflator (Manufacturing) — Value Standard Local Currency Food and Agriculture Organization of the United Nations
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 Value Added Deflator (Manufacturing) — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.