Value Added (Total Manufacturing) — Value US$, annual growth rate in Montenegro

Montenegro: Value Added (Total Manufacturing) — Value US$, annual growth rate was -1.88 % change on previous year in 2023. ◆ Volatile

Latest (2023)
-1.88 % change on previous year
Change on year
down 123.7%
World rank
185th
of 236 countries
All-time high
46.78 % change on previous year
in 2001
All-time low
-44.56 % change on previous year
in 1993
Years of data
33
1991–2023

Value Added (Total Manufacturing) — Value US$, annual growth rate in Montenegro, 1991–2023

-40-20020401991200720231991: -18.4 % change on previous year1992: -15.5 % change on previous year1993: -44.6 % change on previous year1994: 2.7 % change on previous year1995: 44.4 % change on previous year1996: -27.8 % change on previous year1997: -5.5 % change on previous year1998: 5.3 % change on previous year1999: -2.6 % change on previous year2000: 5.8 % change on previous year2001: 46.8 % change on previous year2002: -0.214 % change on previous year2003: 11.8 % change on previous year2004: 21.2 % change on previous year2005: 2 % change on previous year2006: 11.8 % change on previous year2007: -11.1 % change on previous year2008: 24.6 % change on previous year2009: -19.2 % change on previous year2010: -0.33 % change on previous year2011: 19.8 % change on previous year2012: -26.3 % change on previous year2013: 8.4 % change on previous year2014: -1.3 % change on previous year2015: -7 % change on previous year2016: -1.4 % change on previous year2017: 14.3 % change on previous year2018: 17.4 % change on previous year2019: -6.1 % change on previous year2020: -4.6 % change on previous year2021: 14.9 % change on previous year2022: 7.9 % change on previous year2023: -1.9 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for value added (total manufacturing) — value us$, annual growth rate in Montenegro is -1.88 % change on previous year, measured in 2023.

That represents a change of down 123.7% on the previous year and down 122.5% over ten years.

Over the whole period, value added (total manufacturing) — value us$, annual growth rate in Montenegro peaked at 46.78 % change on previous year in 2001 and was at its lowest, -44.56 % change on previous year, in 1993.

That places Montenegro 185th out of 236 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 US$, annual growth rate in Montenegro, year by year

Annual values for Value Added (Total Manufacturing) — Value US$, annual growth rate in Montenegro, 1991 to 2023.
Year % change on previous year Change
1991 -18.39 % change on previous year
1992 -15.5 % change on previous year -15.7%
1993 -44.56 % change on previous year +187.5%
1994 2.65 % change on previous year -105.9%
1995 44.42 % change on previous year +1575.6%
1996 -27.78 % change on previous year -162.5%
1997 -5.53 % change on previous year -80.1%
1998 5.33 % change on previous year -196.4%
1999 -2.6 % change on previous year -148.8%
2000 5.82 % change on previous year -323.8%
2001 46.78 % change on previous year +703.8%
2002 -0.2143 % change on previous year -100.5%
2003 11.82 % change on previous year -5615.9%
2004 21.2 % change on previous year +79.3%
2005 2.01 % change on previous year -90.5%
2006 11.77 % change on previous year +484.3%
2007 -11.11 % change on previous year -194.4%
2008 24.58 % change on previous year -321.2%
2009 -19.21 % change on previous year -178.1%
2010 -0.3297 % change on previous year -98.3%
2011 19.78 % change on previous year -6099.6%
2012 -26.25 % change on previous year -232.7%
2013 8.36 % change on previous year -131.9%
2014 -1.28 % change on previous year -115.3%
2015 -6.99 % change on previous year +445.7%
2016 -1.38 % change on previous year -80.3%
2017 14.28 % change on previous year -1136.3%
2018 17.41 % change on previous year +22.0%
2019 -6.07 % change on previous year -134.9%
2020 -4.64 % change on previous year -23.6%
2021 14.91 % change on previous year -421.4%
2022 7.95 % change on previous year -46.7%
2023 -1.88 % change on previous year -123.7%

Biggest year-on-year movements

Years where Value Added (Total Manufacturing) — Value US$, annual growth rate 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.

YearChange FromTo
2011 +6099.6% -0.3297 % change on previous year 19.78 % change on previous year
2003 +5615.9% -0.2143 % change on previous year 11.82 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1990s -6.88 % change on previous year -44.56 % change on previous year 44.42 % change on previous year 9
2000s 9.34 % change on previous year -19.21 % change on previous year 46.78 % change on previous year 10
2010s 1.75 % change on previous year -26.25 % change on previous year 19.78 % change on previous year 10
2020s 4.08 % change on previous year -4.64 % change on previous year 14.91 % change on previous year 4

Countries ranked near Montenegro

  1. 182 Dominican Republic -1.43 % change on previous year compare
  2. 183 Cook Islands -1.53 % change on previous year compare
  3. 184 South Africa -1.82 % change on previous year compare
  4. 186 Ecuador -1.99 % change on previous year compare
  5. 187 Monaco -2.05 % change on previous year compare
  6. 188 Congo -2.21 % change on previous year compare

See the full ranking of 266 places →

More economy & growth data for Montenegro

All data for Montenegro →

Frequently asked questions

What is value added (total manufacturing) — value us$, annual growth rate in Montenegro?
Value added (total manufacturing) — value us$, annual growth rate in Montenegro was -1.88 % change on previous year in 2023, according to Statizoid (derived).
What is the highest value added (total manufacturing) — value us$, annual growth rate recorded in Montenegro?
The highest recorded value was 46.78 % change on previous year in 2001.
What is the lowest value added (total manufacturing) — value us$, annual growth rate recorded in Montenegro?
The lowest recorded value was -44.56 % change on previous year in 1993.
How does Montenegro rank for value added (total manufacturing) — value us$, annual growth rate?
Montenegro ranks 185th out of 236 countries with data for 2023.
Is value added (total manufacturing) — value us$, annual growth rate 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 Statizoid (derived), published as part of Value Added (Total Manufacturing) — Value US$, annual growth rate. Statizoid updates them automatically from the source API.

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Value Added (Total Manufacturing) — Value US$, annual growth rate in Montenegro. Statizoid, drawing on Statizoid (derived). Retrieved 23 September 2026, from https://economy.statizoid.com/stat/value-added-total-manufacturing-value-us-annual-growth-rate/montenegro/

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How this figure is calculated

The year-on-year percentage change in Value Added (Total Manufacturing) — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Value Added (Total Manufacturing) — Value US$, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
266 places, 12,901 data points, 1971–2023
Last refreshed

The year-on-year percentage change in Value Added (Total Manufacturing) — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.