Manufacturing, value added in Montenegro
Montenegro: Manufacturing, value added was 186.03 million constant 2015 US$ in 2024. ▼ Falling
Manufacturing, value added in Montenegro, 2000–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant 2015 US$.
Analysis
Montenegro recorded 186.03 million constant 2015 US$ for manufacturing, value added in 2024.
Compared with earlier readings it is up 15.9% on the previous year and up 33.2% over ten years.
Over the whole period, manufacturing, value added in Montenegro peaked at 310.69 million constant 2015 US$ in 2006 and was at its lowest, 136.35 million constant 2015 US$, in 2013.
Montenegro ranks 152nd of 185 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 25 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 265.28 million constant 2015 US$ | 158.34 million constant 2015 US$ | 310.69 million constant 2015 US$ | 10 |
| 2010s | 148.77 million constant 2015 US$ | 136.35 million constant 2015 US$ | 168.01 million constant 2015 US$ | 10 |
| 2020s | 168.67 million constant 2015 US$ | 150.59 million constant 2015 US$ | 186.03 million constant 2015 US$ | 5 |
Countries ranked near Montenegro
- 149 Burundi 336.49 million constant 2015 US$ compare
- 150 Barbados 321.87 million constant 2015 US$ compare
- 151 Guinea-Bissau 193.63 million constant 2015 US$ compare
- 153 Belize 175.51 million constant 2015 US$ compare
- 154 Djibouti 163.56 million constant 2015 US$ compare
- 155 Bhutan 150.61 million constant 2015 US$ compare
More economy & growth data for Montenegro
- DEC alternative conversion factor 0.885 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 407.70 million current LCU (2025)
- Net secondary income (Net current transfers from abroad) 460.69 million current US$ (2025)
- Taxes less subsidies on products 1.80 billion current LCU (2025)
- Taxes less subsidies on products 2.03 billion current US$ (2025)
- Net primary income (Net income from abroad) 62.90 million current LCU (2025)
- Net primary income (Net income from abroad) 71.07 million current US$ (2025)
- GNI per capita 13,213 current LCU (2025)
- GNI per capita, Atlas method 14,150 current US$ (2025)
- GNI 8.23 billion current LCU (2025)
Frequently asked questions
- What is manufacturing, value added in Montenegro?
- Manufacturing, value added in Montenegro was 186.03 million constant 2015 US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest manufacturing, value added recorded in Montenegro?
- The highest recorded value was 310.69 million constant 2015 US$ in 2006.
- What is the lowest manufacturing, value added recorded in Montenegro?
- The lowest recorded value was 136.35 million constant 2015 US$ in 2013.
- How does Montenegro rank for manufacturing, value added?
- Montenegro ranks 152nd out of 185 countries with data for 2024.
- Is manufacturing, value added rising or falling in Montenegro?
- Over the last ten years it is up 33.2%. The long-run trend across the full record is falling.
- Where does this Montenegro data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Manufacturing, value added (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. 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 is 2015. This indicator is expressed in United States dollars.