Manufacturing share of GDP — all countries

Manufacturing share of GDP — Montenegro

Manufacturing share of GDP in Montenegro in 2024 — 3.3%. Ranked 160 in the world out of 178. Since 2000, the indicator has fallen by 5.9 pp.

2024 3.3% +0.4 pp vs 2023
World rank 160of 178
Period maximum 11.6%2001
Period minimum 2.9%2023

Trend over time

2000–2024 · % of GDP

Manufacturing share of GDP — Montenegro, 2000–20240510152000200320062009201220152018202120242000: 9.3%2001: 11.6%2002: 10.4%2003: 8.8%2004: 8.7%2005: 8.2%2006: 8.6%2007: 5.6%2008: 5.6%2009: 4.6%2010: 4.5%2011: 4.6%2012: 3.9%2013: 3.5%2014: 3.6%2015: 3.6%2016: 3.5%2017: 3.5%2018: 3.7%2019: 3.5%2020: 3.8%2021: 3.7%2022: 3.8%2023: 2.9%2024: 3.3%
Change over the period: −5.9 pp Annual average: -0.25 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Montenegro

Montenegro 3.3%
World 14.9%
Southern Europe computed 12.9%
Manufacturing share of GDP — Montenegro, by year Montenegro All countries CSV XLSX
Year % Change, pp
2024 3.3 +0.4 pp
2023 2.9 −0.9 pp
2022 3.8 +0.1 pp
2021 3.7 −0.2 pp
2020 3.8 +0.3 pp
2019 3.5 −0.2 pp
2018 3.7 +0.2 pp
2017 3.5 +0 pp
2016 3.5 −0.1 pp
2015 3.6 −0 pp
2014 3.6 +0.1 pp
2013 3.5 −0.4 pp
2012 3.9 −0.7 pp
2011 4.6 +0.1 pp
2010 4.5 −0.1 pp
2009 4.6 −1 pp
2008 5.6 +0 pp
2007 5.6 −3 pp
2006 8.6 +0.4 pp
2005 8.2 −0.5 pp
2004 8.7 −0 pp
2003 8.8 −1.6 pp
2002 10.4 −1.2 pp
2001 11.6 +2.3 pp
2000 9.3

About the indicator

The share of manufacturing value added in GDP. This is the cleanest indicator of an industrial base: unlike the share of industry as a whole it excludes mining and construction. A rising share usually accompanies industrialization, while its decline in advanced countries marks the shift to a service economy.

Source: World Development Indicators (World Bank), license CC BY 4.0.