Value Added (Total Manufacturing) — Value Standard Local Currency in Montenegro
Montenegro: Value Added (Total Manufacturing) — Value Standard Local Currency was 0.0122 million SLC per square kilometre in 2023. ▼ Falling
Value Added (Total Manufacturing) — Value Standard Local Currency in Montenegro, 2006–2023
Source: Statizoid (derived). Measured in million SLC per square kilometre.
Analysis
In 2023, value added (total manufacturing) — value standard local currency in Montenegro stood at 0.0122 million SLC per square kilometre.
The figure is down 6.7% on the previous year and up 14.0% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Montenegro peaked at 0.0217 million SLC per square kilometre in 2006 and was at its lowest, 0.01 million SLC per square kilometre, in 2012.
Montenegro ranks 182nd of 194 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 18 years of available data.
Value Added (Total Manufacturing) — Value Standard Local Currency in Montenegro, year by year
| Year | million SLC per square kilometre | Change |
|---|---|---|
| 2006 | 0.0217 million SLC per square kilometre | — |
| 2007 | 0.0165 million SLC per square kilometre | -24.1% |
| 2008 | 0.0156 million SLC per square kilometre | -5.4% |
| 2009 | 0.0111 million SLC per square kilometre | -29.1% |
| 2010 | 0.0104 million SLC per square kilometre | -5.9% |
| 2011 | 0.0115 million SLC per square kilometre | +10.7% |
| 2012 | 0.01 million SLC per square kilometre | -12.9% |
| 2013 | 0.0107 million SLC per square kilometre | +6.5% |
| 2014 | 0.0105 million SLC per square kilometre | -2.1% |
| 2015 | 0.0111 million SLC per square kilometre | +6.0% |
| 2016 | 0.0107 million SLC per square kilometre | -4.1% |
| 2017 | 0.0117 million SLC per square kilometre | +9.5% |
| 2018 | 0.0127 million SLC per square kilometre | +9.0% |
| 2019 | 0.0126 million SLC per square kilometre | -1.0% |
| 2020 | 0.0115 million SLC per square kilometre | -8.4% |
| 2021 | 0.0126 million SLC per square kilometre | +9.4% |
| 2022 | 0.0131 million SLC per square kilometre | +3.7% |
| 2023 | 0.0122 million SLC per square kilometre | -6.7% |
Montenegro compared with similar countries
- Montenegro's 0.0122 million SLC per square kilometre is below the median for upper middle income countries, which is 0.4142 million SLC per square kilometre, 3% of the median. (54 countries reporting)
- Montenegro's 0.0122 million SLC per square kilometre is below the median for Europe & Central Asia, which is 0.6076 million SLC per square kilometre, 2% of the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.0162 million SLC per square kilometre | 0.0111 million SLC per square kilometre | 0.0217 million SLC per square kilometre | 4 |
| 2010s | 0.0112 million SLC per square kilometre | 0.01 million SLC per square kilometre | 0.0127 million SLC per square kilometre | 10 |
| 2020s | 0.0124 million SLC per square kilometre | 0.0115 million SLC per square kilometre | 0.0131 million SLC per square kilometre | 4 |
Countries ranked near Montenegro
- 179 Marshall Islands 0.0145 million SLC per square kilometre compare
- 180 Australia 0.0135 million SLC per square kilometre compare
- 181 Suriname 0.0126 million SLC per square kilometre compare
- 183 Oman 0.0104 million SLC per square kilometre compare
- 184 Turks and Caicos Islands 0.0057 million SLC per square kilometre compare
- 185 Palau 0.0054 million SLC per square kilometre 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 (total manufacturing) — value standard local currency in Montenegro?
- Value added (total manufacturing) — value standard local currency in Montenegro was 0.0122 million SLC per square kilometre in 2023, according to Statizoid (derived).
- What is the highest value added (total manufacturing) — value standard local currency recorded in Montenegro?
- The highest recorded value was 0.0217 million SLC per square kilometre in 2006.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Montenegro?
- The lowest recorded value was 0.01 million SLC per square kilometre in 2012.
- How does Montenegro rank for value added (total manufacturing) — value standard local currency?
- Montenegro ranks 182nd out of 194 countries with data for 2023.
- Is value added (total manufacturing) — value standard local currency rising or falling in Montenegro?
- Over the last ten years it is up 14.0%. The long-run trend across the full record is falling.
- Where does this Montenegro data come from?
- The figures come from Statizoid (derived), published as part of Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices, per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 18 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices ÷ Land area (sq. km)
Computed from
- Value Added (Total Manufacturing) — Value Standard Local Currency Food and Agriculture Organization of the United Nations
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
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
Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.