Value Added (Total Manufacturing) — Value Standard Local Currency in Montenegro
Montenegro: Value Added (Total Manufacturing) — Value Standard Local Currency was -4.44 % change on previous year in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value Standard Local Currency in Montenegro, 1991–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2023, value added (total manufacturing) — value standard local currency in Montenegro stood at -4.44 % change on previous year.
The figure is down 120.9% on the previous year and down 192.1% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Montenegro peaked at 51.37 % change on previous year in 2001 and was at its lowest, -41.31 % change on previous year, in 1993.
That places Montenegro 201st out of 231 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Value Added (Total Manufacturing) — Value Standard Local Currency in Montenegro, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1991 | -16.17 % change on previous year | — |
| 1992 | -20.49 % change on previous year | +26.7% |
| 1993 | -41.31 % change on previous year | +101.6% |
| 1994 | 0.7557 % change on previous year | -101.8% |
| 1995 | 27.54 % change on previous year | +3544.7% |
| 1996 | -24.17 % change on previous year | -187.7% |
| 1997 | 8.87 % change on previous year | -136.7% |
| 1998 | 6.89 % change on previous year | -22.3% |
| 1999 | 1.58 % change on previous year | -77.1% |
| 2000 | 22.11 % change on previous year | +1302.7% |
| 2001 | 51.37 % change on previous year | +132.3% |
| 2002 | -5.48 % change on previous year | -110.7% |
| 2003 | -6.52 % change on previous year | +19.0% |
| 2004 | 10.21 % change on previous year | -256.5% |
| 2005 | 2 % change on previous year | -80.4% |
| 2006 | 10.75 % change on previous year | +437.6% |
| 2007 | -18.57 % change on previous year | -272.7% |
| 2008 | 16.09 % change on previous year | -186.7% |
| 2009 | -14.81 % change on previous year | -192.1% |
| 2010 | 4.86 % change on previous year | -132.8% |
| 2011 | 14.08 % change on previous year | +189.6% |
| 2012 | -20.1 % change on previous year | -242.7% |
| 2013 | 4.83 % change on previous year | -124.0% |
| 2014 | -1.31 % change on previous year | -127.1% |
| 2015 | 11.37 % change on previous year | -968.8% |
| 2016 | -1.15 % change on previous year | -110.1% |
| 2017 | 11.97 % change on previous year | -1145.5% |
| 2018 | 12.31 % change on previous year | +2.9% |
| 2019 | -0.9098 % change on previous year | -107.4% |
| 2020 | -6.54 % change on previous year | +618.4% |
| 2021 | 10.97 % change on previous year | -267.9% |
| 2022 | 21.24 % change on previous year | +93.6% |
| 2023 | -4.44 % change on previous year | -120.9% |
Montenegro compared with similar countries
- Montenegro's -4.44 % change on previous year is below the median for upper middle income countries, which is 5.07 % change on previous year. (54 countries reporting)
- Montenegro's -4.44 % change on previous year is below the median for Europe & Central Asia, which is 4.42 % change on previous year. (52 countries reporting)
Biggest year-on-year movements
Years where Value Added (Total 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 |
|---|---|---|---|
| 1995 | +3544.7% | 0.7557 % change on previous year | 27.54 % change on previous year |
| 2000 | +1302.7% | 1.58 % change on previous year | 22.11 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -6.28 % change on previous year | -41.31 % change on previous year | 27.54 % change on previous year | 9 |
| 2000s | 6.71 % change on previous year | -18.57 % change on previous year | 51.37 % change on previous year | 10 |
| 2010s | 3.6 % change on previous year | -20.1 % change on previous year | 14.08 % change on previous year | 10 |
| 2020s | 5.31 % change on previous year | -6.54 % change on previous year | 21.24 % change on previous year | 4 |
Countries ranked near Montenegro
- 198 Uruguay -2.64 % change on previous year compare
- 199 Yemen -2.92 % change on previous year compare
- 200 Mozambique -2.93 % change on previous year compare
- 202 Algeria -4.46 % change on previous year compare
- 203 Tonga -4.51 % change on previous year compare
- 204 Belize -4.59 % 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 (total manufacturing) — value standard local currency in Montenegro?
- Value added (total manufacturing) — value standard local currency in Montenegro was -4.44 % change on previous year 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 51.37 % change on previous year in 2001.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Montenegro?
- The lowest recorded value was -41.31 % change on previous year in 1993.
- How does Montenegro rank for value added (total manufacturing) — value standard local currency?
- Montenegro ranks 201st out of 231 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 down 192.1%. 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 (Total Manufacturing) — Value Standard Local Currency, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 33 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Value Added (Total Manufacturing) — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Value Added (Total 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 (Total Manufacturing) — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.