Value Added (Total Manufacturing) — Annual growth US$ in Montenegro
Montenegro: Value Added (Total Manufacturing) — Annual growth US$ was -1.88 % in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Annual growth US$ in Montenegro, 1991–2023
Source: Food and Agriculture Organization of the United Nations. Measured in %.
Analysis
Montenegro recorded -1.88 % for value added (total manufacturing) — annual growth us$ in 2023.
The figure is down 123.7% on the previous year and down 122.5% over ten years.
Over the whole period, value added (total manufacturing) — annual growth us$ in Montenegro peaked at 46.78 % in 2001 and was at its lowest, -44.56 %, in 1993.
Montenegro ranks 157th of 203 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -6.88 % | -44.56 % | 44.42 % | 9 |
| 2000s | 9.34 % | -19.21 % | 46.78 % | 10 |
| 2010s | 1.75 % | -26.25 % | 19.78 % | 10 |
| 2020s | 4.08 % | -4.64 % | 14.91 % | 4 |
Countries ranked near Montenegro
- 154 Dominican Republic -1.43 % compare
- 155 Cook Islands -1.53 % compare
- 156 South Africa -1.82 % compare
- 158 Ecuador -1.99 % compare
- 159 Monaco -2.05 % compare
- 160 Congo -2.21 % 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)
- Net primary income (Net income from abroad) (current LCU), annual 394.66 % change on previous year (2025)
- Taxes less subsidies on products (current US$), annual growth rate 19.41 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.22 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 3,260 current US$ per person (2025)
- Taxes less subsidies on products (current LCU), annual growth rate 14.38 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.1947 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita 2,885 current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.858 (2025)
Frequently asked questions
- What is value added (total manufacturing) — annual growth us$ in Montenegro?
- Value added (total manufacturing) — annual growth us$ in Montenegro was -1.88 % in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) — annual growth us$ recorded in Montenegro?
- The highest recorded value was 46.78 % in 2001.
- What is the lowest value added (total manufacturing) — annual growth us$ recorded in Montenegro?
- The lowest recorded value was -44.56 % in 1993.
- How does Montenegro rank for value added (total manufacturing) — annual growth us$?
- Montenegro ranks 157th out of 203 countries with data for 2023.
- Is value added (total manufacturing) — annual growth us$ rising or falling in Montenegro?
- Over the last ten years it is down 122.5%. The long-run trend across the full record is volatile.
- 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 (Total Manufacturing) — Annual growth US$. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).