BERD by industry orientation (NACE Rev. 2 activity) in Montenegro

Montenegro: BERD by industry orientation (NACE Rev. 2 activity) was 3.08 in 2024. ◆ Volatile

Latest (2024)
3.08
Change on year
down 74.3%
World rank
54th
of 54 countries
All-time high
11.99
in 2023
All-time low
2.11
in 2016
Years of data
12
2011–2024

BERD by industry orientation in Montenegro, 2011–2024

246810122011201720242011: 2.92013: 6.22014: 4.82015: 4.22016: 2.12017: 2.82018: 92019: 2.52021: 2.82022: 6.62023: 122024: 3.1

Source: Eurostat.

Analysis

The most recent figure for berd by industry orientation in Montenegro is 3.08, measured in 2024.

The figure is down 74.3% on the previous year and down 36.4% over ten years.

Over the whole period, berd by industry orientation in Montenegro peaked at 11.99 in 2023 and was at its lowest, 2.11, in 2016.

That places Montenegro 54th out of 54 countries with data for 2024, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

BERD by industry orientation (NACE Rev. 2 activity) in Montenegro, year by year

Annual values for BERD by industry orientation (NACE Rev. 2 activity) in Montenegro, 2011 to 2024.
Year Value Change
2011 2.95 —
2013 6.21 +110.7%
2014 4.84 -22.0%
2015 4.16 -14.0%
2016 2.11 -49.3%
2017 2.81 +33.2%
2018 9.01 +220.8%
2019 2.48 -72.5%
2021 2.77 +11.8%
2022 6.58 +137.5%
2023 11.99 +82.2%
2024 3.08 -74.3%

Montenegro compared with similar countries

  • Montenegro's 3.08 is below the median for Europe & Central Asia, which is 3,162, 0% of the median. (35 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 4.32 2.11 9.01 8
2020s 6.11 2.77 11.99 4

Countries ranked near Montenegro

  1. 51 North Macedonia 14.86 compare
  2. 51 North Macedonia 14.86 compare
  3. 53 Bosnia and Herzegovina 14.25 compare

See the full ranking of 58 places →

More reference data data for Montenegro

All data for Montenegro →

Frequently asked questions

What is berd by industry orientation in Montenegro?
Berd by industry orientation in Montenegro was 3.08 in 2024, according to Eurostat.
What is the highest berd by industry orientation recorded in Montenegro?
The highest recorded value was 11.99 in 2023.
What is the lowest berd by industry orientation recorded in Montenegro?
The lowest recorded value was 2.11 in 2016.
How does Montenegro rank for berd by industry orientation?
Montenegro ranks 54th out of 54 countries with data for 2024.
Is berd by industry orientation rising or falling in Montenegro?
Over the last ten years it is down 36.4%. The long-run trend across the full record is volatile.
Where does this Montenegro data come from?
The figures come from Eurostat, published as part of BERD by industry orientation (NACE Rev. 2 activity). Statizoid updates them automatically from the source API.

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BERD by industry orientation in Montenegro. Statizoid, drawing on Eurostat. Retrieved 14 November 2026, from https://reference.statizoid.com/stat/berd-by-industry-orientation-nace-rev-2-activity/montenegro/

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About this data

Indicator
BERD by industry orientation (NACE Rev. 2 activity)
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
58 places, 1,068 data points, 2005–2024
Last refreshed