Services, value added in Montenegro

Montenegro: Services, value added was 1.6% in 2025. ◆ Volatile

Latest (2025)
1.6%
Change on year
down 38.2%
World rank
154th
of 197 countries
All-time high
17.8%
in 2021
All-time low
-15.8%
in 2020
Years of data
25
2001–2025

Services, value added in Montenegro, 2001–2025

-20-10010202001201320252001: -4.1 annual % growth2002: 0.168 annual % growth2003: -4.4 annual % growth2004: 1.1 annual % growth2005: 2.2 annual % growth2006: 6 annual % growth2007: 7.9 annual % growth2008: 4.4 annual % growth2009: -1 annual % growth2010: 2.6 annual % growth2011: 4 annual % growth2012: 0.716 annual % growth2013: 1.3 annual % growth2014: 3.9 annual % growth2015: 3.3 annual % growth2016: 1.3 annual % growth2017: 3.2 annual % growth2018: 4.3 annual % growth2019: 5.2 annual % growth2020: -15.8 annual % growth2021: 17.8 annual % growth2022: 9.4 annual % growth2023: 6.7 annual % growth2024: 2.6 annual % growth2025: 1.6 annual % growth

Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.

Analysis

In 2025, services, value added in Montenegro stood at 1.6%.

That represents a change of down 38.2% on the previous year and down 51.0% over ten years.

Over the whole period, services, value added in Montenegro peaked at 17.8% in 2021 and was at its lowest, -15.8%, in 2020.

Montenegro ranks 154th of 197 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
2000s 1.4% -4.4% 7.9% 9
2010s 3.0% 0.7% 5.2% 10
2020s 3.7% -15.8% 17.8% 6

Countries ranked near Montenegro

  1. 151 Australia 1.7% compare
  2. 152 Netherlands 1.7% compare
  3. 153 Latvia 1.6% compare
  4. 155 United Kingdom 1.6% compare
  5. 156 Sao Tome and Principe 1.5% compare
  6. 157 Canada 1.5% compare

See the full ranking of 240 places →

More economy & growth data for Montenegro

All data for Montenegro →

Frequently asked questions

What is services, value added in Montenegro?
Services, value added in Montenegro was 1.6% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest services, value added recorded in Montenegro?
The highest recorded value was 17.8% in 2021.
What is the lowest services, value added recorded in Montenegro?
The lowest recorded value was -15.8% in 2020.
How does Montenegro rank for services, value added?
Montenegro ranks 154th out of 197 countries with data for 2025.
Is services, value added rising or falling in Montenegro?
Over the last ten years it is down 51.0%. The long-run trend across the full record is volatile.
Where does this Montenegro data come from?
The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Services, value added (annual % growth). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 25 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Services, value added (annual % growth)
Unit
annual % growth
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
240 places, 9,625 data points, 1961–2025
Last refreshed

Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. 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 denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.