Montenegro: Manufacturing value added

* indicates monthly or quarterly data series
 Montenegro

Manufacturing value added, billion USD

 Latest value 0.24
 Year 2022
 Measure billion U.S. dollars
 Data availability 2000 - 2022
 Average 0.18
 Min - Max 0.09 - 0.24
 Source The World Bank
The latest value from 2022 is 0.24 billion U.S. dollars, an increase from 0.23 billion U.S. dollars in 2021. In comparison, the world average is 78.73 billion U.S. dollars, based on data from 162 countries. Historically, the average for Montenegro from 2000 to 2022 is 0.18 billion U.S. dollars. The minimum value, 0.09 billion U.S. dollars, was reached in 2000 while the maximum of 0.24 billion U.S. dollars was recorded in 2022. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent data
Montenegro - Manufacturing value added - Recent values chart

Historical series
Montenegro - Manufacturing value added - historical chart - 2000-2022




Definition: Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current U.S. dollars.

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 Related indicators Latest Reference Measure
 Share of industry 11.86 2023 percent
 Share of manufacturing 3.91 2022 percent
 Share of services 62.44 2023 percent
 Industry value added 0.88 2023 billion U.S. dollars
 Manufacturing value added 0.24 2022 billion U.S. dollars
 Services value added 4.62 2023 billion U.S. dollars
 Savings, percent of GDP 15.71 2023 percent
 Savings, in dollars 1.16 2023 billion U.S. dollars
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