Montenegro - Manufacturing

Manufacturing, value added (current US$)

The latest value for Manufacturing, value added (current US$) in Montenegro was $196,058,100 as of 2020. Over the past 20 years, the value for this indicator has fluctuated between $233,289,900 in 2008 and $91,350,330 in 2000.

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.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
2000 $91,350,330
2001 $134,074,900
2002 $133,626,400
2003 $149,570,300
2004 $180,992,000
2005 $184,909,800
2006 $211,356,200
2007 $187,784,000
2008 $233,289,900
2009 $188,496,800
2010 $188,622,600
2011 $225,938,200
2012 $166,628,500
2013 $180,492,600
2014 $178,012,500
2015 $165,711,400
2016 $163,397,100
2017 $186,381,600
2018 $219,264,600
2019 $206,080,400
2020 $196,058,100

Manufacturing, value added (current LCU)

The value for Manufacturing, value added (current LCU) in Montenegro was 172,041,000 as of 2020. As the graph below shows, over the past 20 years this indicator reached a maximum value of 185,761,000 in 2018 and a minimum value of 98,905,000 in 2000.

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 local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
2000 98,905,000
2001 149,708,000
2002 141,497,000
2003 132,265,000
2004 145,771,000
2005 148,686,000
2006 168,472,000
2007 137,195,000
2008 159,267,000
2009 135,680,000
2010 142,278,000
2011 162,314,000
2012 129,687,000
2013 135,947,000
2014 134,168,000
2015 149,422,000
2016 147,711,000
2017 165,395,000
2018 185,761,000
2019 184,071,000
2020 172,041,000

Manufacturing, value added (constant 2010 US$)

The latest value for Manufacturing, value added (constant 2010 US$) in Montenegro was 172,033,900 as of 2020. Over the past 20 years, the value for this indicator has fluctuated between 323,922,100 in 2006 and 149,891,000 in 2012.

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 expressed constant 2010 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
2000 307,495,700
2001 311,120,800
2002 297,307,100
2003 278,304,200
2004 293,921,200
2005 309,975,000
2006 323,922,100
2007 245,962,300
2008 232,716,700
2009 165,081,400
2010 155,362,900
2011 172,049,200
2012 149,891,000
2013 159,664,100
2014 156,388,200
2015 165,711,400
2016 158,907,400
2017 174,039,900
2018 189,698,700
2019 187,830,300
2020 172,033,900

Manufacturing, value added (annual % growth)

The value for Manufacturing, value added (annual % growth) in Montenegro was -8.41 as of 2020. As the graph below shows, over the past 19 years this indicator reached a maximum value of 10.74 in 2011 and a minimum value of -29.06 in 2009.

Definition: Annual growth rate for manufacturing value added based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. 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.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
2001 1.18
2002 -4.44
2003 -6.39
2004 5.61
2005 5.46
2006 4.50
2007 -24.07
2008 -5.39
2009 -29.06
2010 -5.89
2011 10.74
2012 -12.88
2013 6.52
2014 -2.05
2015 5.96
2016 -4.11
2017 9.52
2018 9.00
2019 -0.98
2020 -8.41

Manufacturing, value added (constant LCU)

The value for Manufacturing, value added (constant LCU) in Montenegro was 157,545,000 as of 2020. As the graph below shows, over the past 20 years this indicator reached a maximum value of 296,641,000 in 2006 and a minimum value of 137,267,000 in 2012.

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 constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
2000 281,598,000
2001 284,917,800
2002 272,267,500
2003 254,865,100
2004 269,166,800
2005 283,868,500
2006 296,641,000
2007 225,247,000
2008 213,117,000
2009 151,178,000
2010 142,278,000
2011 157,559,000
2012 137,267,000
2013 146,217,000
2014 143,217,000
2015 151,755,000
2016 145,524,000
2017 159,382,000
2018 173,722,000
2019 172,011,000
2020 157,545,000

Manufacturing, value added (% of GDP)

Manufacturing, value added (% of GDP) in Montenegro was 4.11 as of 2020. Its highest value over the past 20 years was 11.56 in 2001, while its lowest value was 3.72 in 2019.

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. Note: For VAB countries, gross value added at factor cost is used as the denominator.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
2000 9.28
2001 11.56
2002 10.40
2003 8.76
2004 8.73
2005 8.19
2006 7.77
2007 5.10
2008 5.13
2009 4.53
2010 4.55
2011 4.97
2012 4.08
2013 4.04
2014 3.88
2015 4.09
2016 3.74
2017 3.85
2018 3.98
2019 3.72
2020 4.11

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts