Montenegro Industrial Production Index Growth
2001 - 2024 | Monthly | % | CEIC Data
Key information about Montenegro Industrial Production Index Growth
- Montenegro Industrial production rose 4.3 % YoY in Nov 2024, following an increase of 46.4 % YoY in the previous month.
- Montenegro Industrial production index growth rate YoY data is updated monthly, available from Jan 2001 to Nov 2024, with an average rate of 0.2 %.
- The data reached an all-time high of 55.2 % in Sep 2010 and a record low of -56.3 % in Sep 2009.
CEIC extends history for monthly Industrial Production Index Growth. The Statistical Office of Montenegro provides Industrial Production Index Growth. Industrial Production Index Growth prior to January 2011 is sourced from the International Monetary Fund.
View Montenegro's Industrial Production Index Growth from Jan 2001 to Nov 2024 in the chart:
What was Montenegro's Industrial Production Index Growth in Nov 2024?
Montenegro Industrial production rose 4.3 % YoY in Nov 2024, following an increase of 46.4 % YoY in the previous month. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 4.3 Nov 2024 | 46.4 Oct 2024 | -56.3 Sep 2009 | 55.2 Sep 2010 | % | monthly | Jan 2001 - Nov 2024 |
Industrial Production Index Growth by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | -4.6 Sep 2024 | quarterly | Mar 2007 - Sep 2024 |
| Algeria (%) | 3.2 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| Argentina (2004=100) | 125.5 Nov 2024 | monthly | Jan 2016 - Nov 2024 |
| Armenia (%) | 5.3 Oct 2024 | monthly | Jan 2008 - Oct 2024 |
| Australia (%) | 0.0 Sep 2024 | quarterly | Sep 1975 - Sep 2024 |
| Austria (%) | 1.1 Apr 2023 | monthly | Jan 1958 - Apr 2023 |
| Azerbaijan (%) | -9.8 Nov 2024 | monthly | Dec 2009 - Nov 2024 |
| Bangladesh (%) | 2.9 Sep 2024 | monthly | Jul 1974 - Sep 2024 |
| Belarus (%) | 4.3 Dec 2024 | monthly | Jan 2002 - Dec 2024 |
| Belgium (%) | -3.8 Apr 2023 | monthly | Jan 1956 - Apr 2023 |
| Bolivia (%) | -0.5 2019 | yearly | 1991 - 2019 |
| Bosnia and Herzegovina (%) | 0.4 Oct 2024 | monthly | Jan 2007 - Oct 2024 |
| Brazil (%) | 2.5 Nov 2024 | monthly | Jan 1986 - Nov 2024 |
| Bulgaria (%) | -10.8 Apr 2023 | monthly | Jan 2001 - Apr 2023 |
| Canada (%) | -1.3 Nov 2024 | monthly | Jan 1958 - Nov 2024 |
| Chile (%) | 1.7 Nov 2024 | monthly | Jan 2010 - Nov 2024 |
| China (%) | 6.2 Dec 2024 | monthly | Jan 1995 - Dec 2024 |
| Colombia (%) | -2.1 Nov 2024 | monthly | Jan 1981 - Nov 2024 |
| Croatia (%) | 0.4 May 2023 | monthly | Jan 1999 - May 2023 |
| Cyprus (%) | 2.0 Oct 2024 | monthly | Jan 2001 - Oct 2024 |
| Czech Republic (%) | -2.3 Nov 2024 | monthly | Jan 1999 - Nov 2024 |
| Denmark (%) | 11.3 Apr 2023 | monthly | Jan 2001 - Apr 2023 |
| Ecuador (%) | 30.3 Sep 2020 | monthly | Jan 2017 - Sep 2020 |
| Egypt (%) | 2.0 Nov 2024 | monthly | Aug 2004 - Nov 2024 |
| Estonia (%) | -15.1 Apr 2023 | monthly | Jan 1999 - Apr 2023 |
| European Union (%) | 0.6 Apr 2023 | monthly | Jan 1992 - Apr 2023 |
| Finland (%) | -2.4 Apr 2023 | monthly | Jan 1955 - Apr 2023 |
| France (%) | 2.6 May 2023 | monthly | Jan 1991 - May 2023 |
| Georgia (%) | -1.2 Sep 2024 | quarterly | Mar 2002 - Sep 2024 |
| Germany (%) | -2.8 Nov 2024 | monthly | Jan 1959 - Nov 2024 |
| Greece (%) | 4.2 Apr 2023 | monthly | Jan 1991 - Apr 2023 |
| Hong Kong SAR, China (%) | -0.1 Sep 2024 | quarterly | Mar 1983 - Sep 2024 |
| Hungary (%) | -4.6 May 2023 | monthly | Jan 1986 - May 2023 |
| Iceland (%) | 11.7 2018 | yearly | 2008 - 2018 |
| India (%) | 5.2 Nov 2024 | monthly | Apr 2006 - Nov 2024 |
| Indonesia (%) | 2.2 Sep 2024 | monthly | Jan 1999 - Sep 2024 |
| Iran (%) | 12.7 Mar 2017 | monthly | Jan 1958 - Mar 2017 |
| Ireland (%) | 27.4 Apr 2023 | monthly | Jul 1976 - Apr 2023 |
| Israel (%) | 3.7 Nov 2024 | monthly | Jan 1991 - Nov 2024 |
| Italy (%) | -7.0 Apr 2023 | monthly | Jan 1954 - Apr 2023 |
| Ivory Coast (%) | 2.8 Mar 2024 | monthly | Feb 2022 - Mar 2024 |
| Japan (%) | -2.0 Nov 2024 | monthly | Jan 1954 - Nov 2024 |
| Jordan (%) | 3.1 Nov 2024 | monthly | Jan 2003 - Nov 2024 |
| Kazakhstan (%) | 3.8 Dec 2024 | monthly | Feb 2001 - Dec 2024 |
| Kenya (%) | 2.8 2023 | yearly | 2002 - 2023 |
| South Korea (%) | -0.3 Nov 2024 | monthly | Jan 1958 - Nov 2024 |
| Kuwait (%) | -10.0 Mar 2017 | monthly | Jan 1966 - Mar 2017 |
| Kyrgyzstan (%) | 12.4 Dec 2024 | monthly | Jan 1999 - Dec 2024 |
| Latvia (%) | -8.7 May 2023 | monthly | Jan 2001 - May 2023 |
| Lebanon (%) | 10.6 2010 | yearly | 1998 - 2010 |
| Lithuania (%) | 3.5 Nov 2024 | monthly | Jan 1999 - Nov 2024 |
| Luxembourg (%) | 1.4 Oct 2024 | monthly | Jan 2011 - Oct 2024 |
| Macau SAR, China (%) | 10.5 Mar 2024 | quarterly | Mar 2001 - Mar 2024 |
| North Macedonia (%) | -3.5 Nov 2024 | monthly | Jan 2004 - Nov 2024 |
| Malawi (%) | 6.7 May 2024 | monthly | Jan 2014 - May 2024 |
| Malaysia (%) | 3.5 Nov 2024 | monthly | Jan 2011 - Nov 2024 |
| Malta (%) | 14.5 Apr 2023 | monthly | Jan 2001 - Apr 2023 |
| Mauritius (%) | -0.7 Dec 2021 | quarterly | Mar 2015 - Dec 2021 |
| Mexico (%) | -3.3 Oct 2024 | monthly | Jan 1981 - Oct 2024 |
| Moldova (%) | -8.5 Oct 2024 | monthly | Jan 2004 - Oct 2024 |
| Mongolia (%) | 105.6 May 2023 | monthly | Jan 2010 - May 2023 |
| Montenegro (%) | 4.3 Nov 2024 | monthly | Jan 2001 - Nov 2024 |
| Morocco (%) | 9.2 Sep 2024 | quarterly | Mar 1979 - Sep 2024 |
| Mozambique (%) | -2.1 Jun 2023 | monthly | Jun 2012 - Jun 2023 |
| Nepal (%) | 7.9 Jul 2018 | quarterly | Oct 2016 - Jul 2018 |
| Netherlands (%) | -12.4 Apr 2023 | monthly | Jan 2001 - Apr 2023 |
| New Zealand (%) | -3.7 Sep 2023 | quarterly | Jun 1978 - Sep 2023 |
| Nigeria (%) | 4.1 Jun 2024 | quarterly | Mar 2011 - Jun 2024 |
| Norway (%) | -5.1 Apr 2023 | monthly | Jan 1991 - Apr 2023 |
| Oman (%) | -1.9 Apr 2017 | monthly | Jul 1968 - Apr 2017 |
| Pakistan (%) | -4.0 Nov 2024 | monthly | May 1998 - Nov 2024 |
| Palestinian Territory (%) | 8.9 Nov 2024 | monthly | Jan 2012 - Nov 2024 |
| Panama (%) | 0.8 Dec 2021 | monthly | Jan 2004 - Dec 2021 |
| Peru (%) | 6.7 Nov 2024 | monthly | Jan 1994 - Nov 2024 |
| Philippines (%) | -4.2 Nov 2024 | monthly | Jan 2002 - Nov 2024 |
| Poland (%) | -2.4 May 2023 | monthly | Jan 1998 - May 2023 |
| Portugal (%) | -3.7 Jun 2023 | monthly | Jan 1996 - Jun 2023 |
| Qatar (%) | -11.2 Mar 2017 | monthly | Jan 1958 - Mar 2017 |
| Romania (%) | -4.7 Apr 2023 | monthly | Jan 2006 - Apr 2023 |
| Russia (%) | 3.7 Nov 2024 | monthly | Jan 2014 - Nov 2024 |
| Saudi Arabia (%) | -10.5 Dec 2023 | monthly | Jan 2019 - Dec 2023 |
| Serbia (%) | 0.6 May 2023 | monthly | Jan 2001 - May 2023 |
| Singapore (%) | 8.4 Nov 2024 | monthly | Jan 1984 - Nov 2024 |
| Slovakia (%) | -2.0 Apr 2023 | monthly | Jan 1999 - Apr 2023 |
| Slovenia (%) | -8.8 Apr 2023 | monthly | Dec 1992 - Apr 2023 |
| South Africa (%) | -2.1 Nov 2024 | monthly | Jan 1962 - Nov 2024 |
| Spain (%) | -0.1 May 2023 | monthly | Jan 1962 - May 2023 |
| Sri Lanka (%) | -8.2 Apr 2023 | monthly | Jan 2016 - Apr 2023 |
| Sweden (%) | 2.4 Apr 2023 | monthly | Jan 1981 - Apr 2023 |
| Switzerland (%) | -0.9 Sep 2024 | monthly | Oct 2010 - Sep 2024 |
| Syria (%) | -11.1 2022 | yearly | 1966 - 2022 |
| Taiwan (%) | 18.3 Dec 2024 | monthly | Jan 1997 - Dec 2024 |
| Tajikistan (%) | 15.3 Nov 2024 | monthly | Jan 2000 - Nov 2024 |
| Thailand (%) | -2.7 Nov 2024 | monthly | Jan 2012 - Nov 2024 |
| Tunisia (%) | 1.8 Jun 2024 | monthly | Jan 2001 - Jun 2024 |
| Turkey (%) | -0.9 Apr 2023 | monthly | Jan 1987 - Apr 2023 |
| Ukraine (%) | 1.3 Sep 2024 | monthly | Dec 2000 - Sep 2024 |
| United Arab Emirates (%) | 2.2 Mar 2017 | monthly | Jan 1975 - Mar 2017 |
| United Kingdom (%) | -1.8 Apr 2023 | monthly | Jan 1949 - Apr 2023 |
| United States (%) | 0.5 Dec 2024 | monthly | Jan 1920 - Dec 2024 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -0.9 Sep 2024 | quarterly | Dec 2012 - Sep 2024 |
| Consolidated Fiscal Balance (USD mn) | -79.309 Nov 2024 | monthly | Jan 2012 - Nov 2024 |
| Tax Revenue (USD mn) | 139.115 Nov 2024 | monthly | Jan 2012 - Nov 2024 |
| Tax Revenue: % of GDP (%) | 22.8 Sep 2024 | quarterly | Mar 2012 - Sep 2024 |
| National Government Debt (USD mn) | 4,906.6 Sep 2024 | monthly | Dec 2010 - Sep 2024 |
| Government Debt: % of GDP (%) | 59.8 Sep 2024 | quarterly | Dec 2010 - Sep 2024 |
| Forecast: Government Expenditure (EUR bn) | 4.457 2029 | yearly | 2002 - 2029 |
| Forecast: Government Net Debt (EUR bn) | 6.678 2029 | yearly | 2002 - 2029 |
| Forecast: Government Revenue (EUR bn) | 3.919 2029 | yearly | 2002 - 2029 |
| General Govt Balance: Consolidated: Deficit or Surplus (EUR) | -74,671,802.530 Nov 2024 | monthly | Jan 2012 - Nov 2024 |
| General Govt Expenditure: Consolidated (EUR) | 255,961,652.700 Nov 2024 | monthly | Jan 2012 - Nov 2024 |
| General Govt Revenue: Cons: Taxes: Excises (EUR) | 28,020,758.820 Nov 2024 | monthly | Jan 2012 - Nov 2024 |
| General Govt Expenditure: Cons: ow Current (EUR) | 231,723,377.880 Nov 2024 | monthly | Jan 2012 - Nov 2024 |
| General Govt Revenue: Cons: Taxes: Value Added Tax (EUR) | 90,529,869.280 Nov 2024 | monthly | Jan 2012 - Nov 2024 |
| General Govt Revenue: Cons: Taxes (EUR) | 130,980,738.960 Nov 2024 | monthly | Jan 2012 - Nov 2024 |
| General Government Revenue: Consolidated (EUR) | 181,289,850.170 Nov 2024 | monthly | Jan 2012 - Nov 2024 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 1.534 2028 | yearly | 2003 - 2028 |
| Trade Balance (USD mn) | -257.0 Nov 2024 | monthly | Jan 2005 - Nov 2024 |
| Total Exports (USD mn) | 71.0 Nov 2024 | monthly | Jan 2005 - Nov 2024 |
| Total Exports Growth (%) | 27.4 Nov 2024 | monthly | Jan 2006 - Nov 2024 |
| Aluminum: Exports (USD th) | 77,568.321 2023 | yearly | 2008 - 2023 |
| Exports: Medicament (USD th) | 34,801.190 2022 | yearly | 2008 - 2022 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 28.151 2022 | yearly | 2008 - 2022 |
| Total Imports (USD mn) | 328.0 Nov 2024 | monthly | Jan 2005 - Nov 2024 |
| Total Imports Growth (%) | 5.3 Nov 2024 | monthly | Jan 2006 - Nov 2024 |
| Imports: Medicament (USD th) | 116,265.339 2022 | yearly | 2008 - 2022 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 45,821.508 2022 | yearly | 2008 - 2022 |
| Total Exports to USA (USD mn) | 0.393 Nov 2024 | monthly | Jan 2010 - Nov 2024 |
| Total Imports from USA (USD mn) | 3.002 Nov 2024 | monthly | Jan 2006 - Nov 2024 |
| Total Exports to China (USD mn) | 6.951 Nov 2024 | monthly | Jan 2010 - Nov 2024 |
| Total Imports from China (USD mn) | 43.255 Nov 2024 | monthly | Jan 2006 - Nov 2024 |
| Imports (EUR th) | 308,867.525 Nov 2024 | monthly | Jan 2005 - Nov 2024 |
| Exports (EUR th) | 66,878.106 Nov 2024 | monthly | Jan 2005 - Nov 2024 |
| Exports: Machinery & Transport Equipment (EUR th) | 5,705.039 Nov 2024 | monthly | Mar 2009 - Nov 2024 |
| Exports: Manufactured Goods (EUR th) | 9,448.621 Nov 2024 | monthly | Mar 2009 - Nov 2024 |
| Exports: Food & Live Animals (EUR th) | 6,106.992 Nov 2024 | monthly | Mar 2009 - Nov 2024 |
| Exports: Crude Materials: excl Fuels (EUR th) | 11,686.150 Nov 2024 | monthly | Mar 2009 - Nov 2024 |
| Exports: Mineral Fuels, Lubricants & Related Materials (EUR th) | 20,235.088 Nov 2024 | monthly | Mar 2009 - Nov 2024 |
| Exports: Europe: CEFTA: Serbia (EUR th) | 23,189.139 Nov 2024 | monthly | Mar 2009 - Nov 2024 |
| Exports: Europe: EU-28: Slovenia (EUR th) | 2,202.279 Nov 2024 | monthly | Mar 2009 - Nov 2024 |
| Imports: Manufactured Goods (EUR th) | 57,029.251 Nov 2024 | monthly | Mar 2009 - Nov 2024 |
| Imports: Food & Live Animals (EUR th) | 64,571.850 Nov 2024 | monthly | Mar 2009 - Nov 2024 |
| Imports: Mineral Fuels, Lubricants & Related Materials (EUR th) | 27,982.738 Nov 2024 | monthly | Mar 2009 - Nov 2024 |
| Imports: Machinery & Transport Equipment (EUR th) | 73,903.676 Nov 2024 | monthly | Mar 2009 - Nov 2024 |
| Imports: Miscellaneous Manufactured Goods (EUR th) | 39,273.327 Nov 2024 | monthly | Mar 2009 - Nov 2024 |
| Imports: Europe: CEFTA: Serbia (EUR th) | 51,888.117 Nov 2024 | monthly | Mar 2009 - Nov 2024 |
| Imports: Europe: EU-28: Greece (EUR th) | 16,468.635 Nov 2024 | monthly | Mar 2009 - Nov 2024 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Direct Investment Abroad (USD mn) | 15.1 Sep 2024 | quarterly | Mar 2005 - Sep 2024 |
| Current Account Balance (USD mn) | -278.9 Mar 2023 | quarterly | Mar 2004 - Mar 2023 |
| Current Account Balance: % of GDP (%) | -23.1 Jun 2024 | quarterly | Mar 2010 - Jun 2024 |
| Foreign Direct Investment (USD mn) | 154.9 Sep 2024 | quarterly | Mar 2005 - Sep 2024 |
| Foreign Direct Investment: % of GDP (%) | 7.8 Jun 2024 | quarterly | Mar 2010 - Jun 2024 |
| Foreign Portfolio Investment (USD mn) | -11.402 Sep 2024 | quarterly | Mar 2005 - Sep 2024 |
| Foreign Portfolio Investment: % of GDP (%) | -0.4 Sep 2024 | quarterly | Mar 2010 - Sep 2024 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | 137.6 Sep 2024 | quarterly | Mar 2007 - Sep 2024 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | 17.205 Sep 2024 | quarterly | Mar 2007 - Sep 2024 |
| External Debt (USD mn) | 8,616.5 2023 | yearly | 2006 - 2023 |
| External Debt: % of GDP (%) | 141.5 2022 | yearly | 2006 - 2022 |
| External Debt: Short Term (USD mn) | 198.7 2022 | yearly | 2007 - 2022 |
| External Debt: Short Term: % of GDP (%) | 3.2 2022 | yearly | 2007 - 2022 |
| Forecast: Current Account Balance (USD bn) | -1.492 2029 | yearly | 2001 - 2029 |
| BoP: Current Account: Goods: Export (EUR th) | 120,372.138 Dec 2018 | quarterly | Mar 2010 - Dec 2018 |
| BoP: Current Account: Goods: Import (EUR th) | 645,611.036 Dec 2018 | quarterly | Mar 2010 - Dec 2018 |
| Balance of Payments (BoP): Current Account and Capital Account (EUR th) | -374,597.413 Dec 2018 | quarterly | Mar 2010 - Dec 2018 |
| BoP: Financial Account: Change in Central Bank Reserves (EUR th) | -9,057.098 Dec 2018 | quarterly | Mar 2010 - Dec 2018 |
| Gross General Government External Debt (EUR mn) | 4,046.072 Sep 2024 | monthly | Dec 2010 - Sep 2024 |
| Foreign Direct Investment: Flow: Serbia (EUR) | 125,266,558.270 2023 | yearly | 2002 - 2023 |
| Foreign Direct Investment: Flow: Italy (EUR) | 5,543,222.480 2023 | yearly | 2001 - 2023 |
| Foreign Direct Investment: Flow: Switzerland (EUR) | 65,139,405.970 2023 | yearly | 2001 - 2023 |
| Foreign Direct Investment: Flow: Russian Federation (EUR) | 112,506,571.770 2023 | yearly | 2001 - 2023 |
| Foreign Direct Investment: Flow: Slovenia (EUR) | 9,478,424.000 2023 | yearly | 2001 - 2023 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 4.3 Jun 2024 | monthly | Aug 2010 - Jun 2024 |
| Household Debt: % of GDP (%) | 25.6 Sep 2024 | quarterly | Dec 2010 - Sep 2024 |
| Non-Performing Loans (USD mn) | 218.559 Nov 2022 | monthly | Dec 2010 - Nov 2022 |
| M2 Growth (%) | 12.0 2023 | yearly | 2003 - 2023 |
| Reserve Requirement Ratio (%) | 5.5 Nov 2024 | monthly | Jan 2002 - Nov 2024 |
| Foreign Exchange Reserves (USD mn) | 1,636.8 Oct 2024 | monthly | Dec 2002 - Oct 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 21.535 Sep 2024 | quarterly | Dec 2010 - Sep 2024 |
| Foreign Exchange Reserves: Months of Import (NA) | 4.2 Oct 2024 | monthly | Jan 2005 - Oct 2024 |
| Gold Reserves (USD mn) | 0.000 Oct 2024 | monthly | Dec 2002 - Oct 2024 |
| Total Deposits (USD mn) | 6,064.066 Nov 2024 | monthly | Jan 2003 - Nov 2024 |
| Total Deposits Growth (%) | 5.6 Nov 2024 | monthly | Jan 2004 - Nov 2024 |
| Domestic Credit (USD mn) | 3,693.7 Nov 2024 | monthly | Jan 2005 - Nov 2024 |
| Domestic Credit Growth (%) | 3.6 Nov 2024 | monthly | Jan 2006 - Nov 2024 |
| Household Debt (USD mn) | 2,047.1 Nov 2024 | monthly | Dec 2004 - Nov 2024 |
| Total Loans (USD mn) | 4,910.461 Nov 2024 | monthly | Jan 2003 - Nov 2024 |
| Total Loans Growth (%) | 13.97 Nov 2024 | monthly | Jan 2004 - Nov 2024 |
| Private Debt: % of Nominal GDP (%) | 45.02 Jun 2024 | quarterly | Dec 2010 - Jun 2024 |
| Bank Loans: Non Performing Loans (EUR th) | 200,600.000 Apr 2018 | monthly | Dec 2010 - Apr 2018 |
| Bank Loans: Residents: Households (EUR th) | 1,188,990.000 Jun 2018 | monthly | Jan 2009 - Jun 2018 |
| ME: Bank Non-Performing Loans to Total Gross Loans (%) | 7.426 2018 | yearly | 2013 - 2018 |
More Indicators for Montenegro
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