🇲🇪 Montenegro Manufacturing, value added

Montenegro Manufacturing, value added was $178.06M in 2024, up 15.9% from 2023, according to World Bank data. The 10-year average is $154.81M. Historical data available from 2000 to 2024 (25 data points). The all-time high was $297.38M in 2006.

Source: World Bank World Development Indicators • 2000202425 data pointsEconomy & Growth

Latest Value
$178.06M
2024
Year-on-Year
+15.9%
vs 2023
10-Year Average
$154.81M
20152024
Range
High: $297.38M (2006)
Low: $130.51M (2013)

Montenegro Manufacturing, value added (constant LCU)2000 to 2024

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About this Indicator

Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical tranformation 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 varies by country. This series is expressed in local currency units.

Historical Data Table

YearValue
2024$178.06M
2023$153.58M
2022$169.89M
2021$161.52M
2020$144.14M
2019$160.81M
2018$160.20M
2017$146.03M
2016$137.49M
2015$136.39M

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