Monaco vs Montenegro: Industry (including construction), value added
Industry (including construction), value added over time
- Monaco
- Montenegro
How they compare
Monaco currently reports 724.31 million constant LCU against 656.44 million constant LCU in Montenegro, a difference of 67.87 million constant LCU.
That makes Monaco's figure about 1.1 times Montenegro's.
Across all 5 years both countries report, Monaco has been ahead every year.
Globally, Monaco ranks 178th and Montenegro ranks 180th of 199 countries.
Individual pages
About this data
Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.