Value Added (Total Manufacturing) — Value US$, 2015 prices (2015) in Montenegro
Montenegro: Value Added (Total Manufacturing) — Value US$, 2015 prices (2015) was 182.17 million USD in 2023. ▼ Falling
Value Added (Total Manufacturing) — Value US$, 2015 prices in Montenegro, 1990–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2023, value added (total manufacturing) — value us$, 2015 prices in Montenegro stood at 182.17 million USD.
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 us$, 2015 prices in Montenegro peaked at 405.88 million USD in 1990 and was at its lowest, 149.96 million USD, in 2012.
Montenegro ranks 192nd of 236 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 34 years of available data.
Value Added (Total Manufacturing) — Value US$, 2015 prices (2015) in Montenegro, year by year
| Year | million USD | Change |
|---|---|---|
| 1990 | 405.88 million USD | — |
| 1991 | 362.03 million USD | -10.8% |
| 1992 | 277.01 million USD | -23.5% |
| 1993 | 175.72 million USD | -36.6% |
| 1994 | 178.41 million USD | +1.5% |
| 1995 | 204.1 million USD | +14.4% |
| 1996 | 259.68 million USD | +27.2% |
| 1997 | 277.6 million USD | +6.9% |
| 1998 | 291.08 million USD | +4.9% |
| 1999 | 263.19 million USD | -9.6% |
| 2000 | 307.63 million USD | +16.9% |
| 2001 | 311.26 million USD | +1.2% |
| 2002 | 297.44 million USD | -4.4% |
| 2003 | 278.43 million USD | -6.4% |
| 2004 | 294.05 million USD | +5.6% |
| 2005 | 310.11 million USD | +5.5% |
| 2006 | 324.07 million USD | +4.5% |
| 2007 | 246.07 million USD | -24.1% |
| 2008 | 232.82 million USD | -5.4% |
| 2009 | 165.16 million USD | -29.1% |
| 2010 | 155.43 million USD | -5.9% |
| 2011 | 172.13 million USD | +10.7% |
| 2012 | 149.96 million USD | -12.9% |
| 2013 | 159.74 million USD | +6.5% |
| 2014 | 156.46 million USD | -2.1% |
| 2015 | 165.79 million USD | +6.0% |
| 2016 | 158.98 million USD | -4.1% |
| 2017 | 174.12 million USD | +9.5% |
| 2018 | 189.78 million USD | +9.0% |
| 2019 | 187.91 million USD | -1.0% |
| 2020 | 172.11 million USD | -8.4% |
| 2021 | 188.3 million USD | +9.4% |
| 2022 | 195.34 million USD | +3.7% |
| 2023 | 182.17 million USD | -6.7% |
Montenegro compared with similar countries
- Montenegro's 182.17 million USD is below the median for upper middle income countries, which is 4,090 million USD, 4% of the median. (54 countries reporting)
- Montenegro's 182.17 million USD is below the median for Europe & Central Asia, which is 12,800 million USD, 1% of the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 269.47 million USD | 175.72 million USD | 405.88 million USD | 10 |
| 2000s | 276.7 million USD | 165.16 million USD | 324.07 million USD | 10 |
| 2010s | 167.03 million USD | 149.96 million USD | 189.78 million USD | 10 |
| 2020s | 184.48 million USD | 172.11 million USD | 195.34 million USD | 4 |
Countries ranked near Montenegro
More economy & growth data for Montenegro
- Real gdp growth, annual growth rate -14.66 % change on previous year (2025)
- 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)
- SDRs holdings, US dollar, annual growth rate 4.46 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0103 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 151.96 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.5233 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0075 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 110.96 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -21.12 % change on previous year (2025)
Frequently asked questions
- What is value added (total manufacturing) — value us$, 2015 prices in Montenegro?
- Value added (total manufacturing) — value us$, 2015 prices in Montenegro was 182.17 million USD in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) — value us$, 2015 prices recorded in Montenegro?
- The highest recorded value was 405.88 million USD in 1990.
- What is the lowest value added (total manufacturing) — value us$, 2015 prices recorded in Montenegro?
- The lowest recorded value was 149.96 million USD in 2012.
- How does Montenegro rank for value added (total manufacturing) — value us$, 2015 prices?
- Montenegro ranks 192nd out of 236 countries with data for 2023.
- Is value added (total manufacturing) — value us$, 2015 prices 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 Food and Agriculture Organization of the United Nations, published as part of Value Added (Total Manufacturing) — Value US$, 2015 prices. 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).