Value Added Deflator (Manufacturing) — Value Standard Local Currency in Montenegro
Montenegro: Value Added Deflator (Manufacturing) — Value Standard Local Currency was 134.71 SLC in 2023. ▲ Rising
Value Added Deflator (Manufacturing) — Value Standard Local Currency in Montenegro, 1990–2023
Source: Food and Agriculture Organization of the United Nations. Measured in SLC.
Analysis
In 2023, value added deflator (manufacturing) — value standard local currency in Montenegro stood at 134.71 SLC. That is the highest value across all 34 years on record.
The figure is up 2.5% on the previous year and up 42.7% over ten years.
Over the whole period, value added deflator (manufacturing) — value standard local currency in Montenegro peaked at 134.71 SLC in 2023 and was at its lowest, 29.96 SLC, in 1996.
That places Montenegro 91st out of 194 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 34 years of available data.
Value Added Deflator (Manufacturing) — Value Standard Local Currency in Montenegro, year by year
| Year | SLC | Change |
|---|---|---|
| 1990 | 50.27 SLC | — |
| 1991 | 47.24 SLC | -6.0% |
| 1992 | 49.1 SLC | +3.9% |
| 1993 | 45.43 SLC | -7.5% |
| 1994 | 45.08 SLC | -0.8% |
| 1995 | 50.26 SLC | +11.5% |
| 1996 | 29.96 SLC | -40.4% |
| 1997 | 30.51 SLC | +1.8% |
| 1998 | 31.1 SLC | +1.9% |
| 1999 | 34.94 SLC | +12.3% |
| 2000 | 36.5 SLC | +4.5% |
| 2001 | 54.6 SLC | +49.6% |
| 2002 | 54 SLC | -1.1% |
| 2003 | 53.92 SLC | -0.1% |
| 2004 | 56.27 SLC | +4.4% |
| 2005 | 54.43 SLC | -3.3% |
| 2006 | 57.68 SLC | +6.0% |
| 2007 | 61.86 SLC | +7.2% |
| 2008 | 75.9 SLC | +22.7% |
| 2009 | 91.15 SLC | +20.1% |
| 2010 | 101.56 SLC | +11.4% |
| 2011 | 104.63 SLC | +3.0% |
| 2012 | 95.95 SLC | -8.3% |
| 2013 | 94.43 SLC | -1.6% |
| 2014 | 95.14 SLC | +0.8% |
| 2015 | 100 SLC | +5.1% |
| 2016 | 103.09 SLC | +3.1% |
| 2017 | 105.39 SLC | +2.2% |
| 2018 | 108.6 SLC | +3.0% |
| 2019 | 108.68 SLC | +0.1% |
| 2020 | 110.91 SLC | +2.0% |
| 2021 | 112.49 SLC | +1.4% |
| 2022 | 131.47 SLC | +16.9% |
| 2023 | 134.71 SLC | +2.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 41.39 SLC | 29.96 SLC | 50.27 SLC | 10 |
| 2000s | 59.63 SLC | 36.5 SLC | 91.15 SLC | 10 |
| 2010s | 101.75 SLC | 94.43 SLC | 108.68 SLC | 10 |
| 2020s | 122.4 SLC | 110.91 SLC | 134.71 SLC | 4 |
Countries ranked near Montenegro
- 88 Greenland 135.87 SLC compare
- 89 Solomon Islands 134.86 SLC compare
- 90 Bangladesh 134.85 SLC compare
- 92 Tonga 133.98 SLC compare
- 93 Malta 132.94 SLC compare
- 94 British Virgin Islands 132.61 SLC 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)
- GDP (current US$), annual growth rate 11.58 % change on previous year (2025)
- GDP (current US$), per capita 14,817 current US$ per person (2025)
- GDP (current LCU), annual growth rate 6.88 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 0.885 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 13,112 current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 2.74 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.5926 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 8,780 constant 2015 US$ per person (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 134.71 SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added deflator (manufacturing) — value standard local currency recorded in Montenegro?
- The highest recorded value was 134.71 SLC in 2023.
- What is the lowest value added deflator (manufacturing) — value standard local currency recorded in Montenegro?
- The lowest recorded value was 29.96 SLC in 1996.
- How does Montenegro rank for value added deflator (manufacturing) — value standard local currency?
- Montenegro ranks 91st out of 194 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 42.7%. The long-run trend across the full record is rising.
- Where does this Montenegro data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Value Added Deflator (Manufacturing) — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).