Montenegro Industrial Production Index Growth
2001 - 2025 | Monthly | % | CEIC Data
Key information about Montenegro Industrial Production Index Growth
- Montenegro Industrial production fell 3.1 % YoY in Dec 2025, following a drop of 17.8 % YoY in the previous month.
- Montenegro Industrial production index growth rate YoY data is updated monthly, available from Jan 2001 to Dec 2025, with an average rate of 19.0 %.
- 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 Dec 2025 in the chart:
What was Montenegro's Industrial Production Index Growth in Dec 2025?
Montenegro Industrial production fell 3.1 % YoY in Dec 2025, following a drop of 17.8 % YoY in the previous month. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| -3.1 Dec 2025 | -17.8 Nov 2025 | -56.3 Sep 2009 | 55.2 Sep 2010 | % | monthly | Jan 2001 - Dec 2025 |
Industrial Production Index Growth by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | -5.4 Sep 2025 | quarterly | Mar 2007 - Sep 2025 |
| Algeria (%) | 6.3 Jun 2025 | quarterly | Mar 1996 - Jun 2025 |
| Argentina (2004=100) | 112.2 Dec 2025 | monthly | Jan 2016 - Dec 2025 |
| Armenia (%) | 38.6 Dec 2025 | monthly | Jan 2008 - Dec 2025 |
| Australia (%) | -0.1 Sep 2025 | quarterly | Sep 1975 - Sep 2025 |
| Austria (%) | -1.4 Sep 2025 | monthly | Jan 1958 - Sep 2025 |
| Azerbaijan (%) | 0.5 Dec 2025 | monthly | Dec 2009 - Dec 2025 |
| Bangladesh (%) | 2.3 Oct 2025 | monthly | Jul 1974 - Oct 2025 |
| Belarus (%) | -2.9 Dec 2025 | monthly | Jan 2002 - Dec 2025 |
| Belgium (%) | 1.9 Sep 2025 | monthly | Jan 1956 - Sep 2025 |
| Bolivia (%) | -0.5 2019 | yearly | 1991 - 2019 |
| Bosnia and Herzegovina (%) | 3.1 Dec 2025 | monthly | Jan 2007 - Dec 2025 |
| Brazil (%) | -0.8 Dec 2025 | monthly | Jan 1986 - Dec 2025 |
| Bulgaria (%) | -7.0 Sep 2025 | monthly | Jan 2001 - Sep 2025 |
| Canada (%) | 0.0 Oct 2025 | monthly | Jan 1958 - Oct 2025 |
| Chile (%) | -2.6 Dec 2025 | monthly | Jan 2010 - Dec 2025 |
| China (%) | 5.2 Dec 2025 | monthly | Jan 1995 - Dec 2025 |
| Colombia (%) | 1.7 Nov 2025 | monthly | Jan 1981 - Nov 2025 |
| Croatia (%) | 5.5 Oct 2025 | monthly | Jan 1999 - Oct 2025 |
| Cyprus (%) | 8.5 Nov 2025 | monthly | Jan 2001 - Nov 2025 |
| Czech Republic (%) | 3.9 Dec 2025 | monthly | Jan 1999 - Dec 2025 |
| Denmark (%) | 9.7 Sep 2025 | monthly | Jan 2001 - Sep 2025 |
| Ecuador (%) | 30.3 Sep 2020 | monthly | Jan 2017 - Sep 2020 |
| Egypt (%) | 8.5 Nov 2025 | monthly | Aug 2004 - Nov 2025 |
| Estonia (%) | -1.4 Sep 2025 | monthly | Jan 1999 - Sep 2025 |
| European Union (%) | 2.2 Sep 2025 | monthly | Jan 1992 - Sep 2025 |
| Finland (%) | -1.6 Sep 2025 | monthly | Jan 1955 - Sep 2025 |
| France (%) | 1.3 Sep 2025 | monthly | Jan 1991 - Sep 2025 |
| Georgia (%) | 0.4 Sep 2025 | quarterly | Mar 2002 - Sep 2025 |
| Germany (%) | -0.5 Dec 2025 | monthly | Jan 1959 - Dec 2025 |
| Greece (%) | 6.8 Sep 2025 | monthly | Jan 1991 - Sep 2025 |
| Hong Kong SAR, China (%) | 5.4 Sep 2025 | quarterly | Mar 1983 - Sep 2025 |
| Hungary (%) | -1.6 Sep 2025 | monthly | Jan 1986 - Sep 2025 |
| Iceland (%) | 11.7 2018 | yearly | 2008 - 2018 |
| India (%) | 6.7 Nov 2025 | monthly | Apr 2006 - Nov 2025 |
| Indonesia (%) | 1.7 Sep 2025 | monthly | Jan 1999 - Sep 2025 |
| Iran (%) | 12.7 Mar 2017 | monthly | Jan 1958 - Mar 2017 |
| Ireland (%) | 10.3 Sep 2025 | monthly | Jul 1976 - Sep 2025 |
| Israel (%) | 19.0 Nov 2025 | monthly | Jan 1991 - Nov 2025 |
| Italy (%) | 0.9 Sep 2025 | monthly | Jan 1954 - Sep 2025 |
| Ivory Coast (%) | 5.5 Oct 2025 | monthly | Feb 2022 - Oct 2025 |
| Japan (%) | 0.6 Nov 2025 | monthly | Jan 1954 - Nov 2025 |
| Jordan (%) | 1.4 Nov 2025 | monthly | Jan 2003 - Nov 2025 |
| Kazakhstan (%) | 8.1 Dec 2025 | monthly | Feb 2001 - Dec 2025 |
| Kenya (%) | 2.8 2023 | yearly | 2002 - 2023 |
| South Korea (%) | -1.8 Dec 2025 | monthly | Jan 1958 - Dec 2025 |
| Kuwait (%) | -10.0 Mar 2017 | monthly | Jan 1966 - Mar 2017 |
| Kyrgyzstan (%) | 10.4 Dec 2025 | monthly | Jan 1999 - Dec 2025 |
| Latvia (%) | 6.1 Sep 2025 | monthly | Jan 2001 - Sep 2025 |
| Lebanon (%) | 10.6 2010 | yearly | 1998 - 2010 |
| Lithuania (%) | 3.5 Dec 2025 | monthly | Jan 1999 - Dec 2025 |
| Luxembourg (%) | -8.7 Nov 2025 | monthly | Jan 2011 - Nov 2025 |
| Macau SAR, China (%) | 37.0 Dec 2024 | quarterly | Mar 2001 - Dec 2024 |
| North Macedonia (%) | 2.3 Dec 2025 | monthly | Jan 2004 - Dec 2025 |
| Malawi (%) | 63.5 Sep 2024 | monthly | Jan 2014 - Sep 2024 |
| Malaysia (%) | 4.9 Dec 2025 | monthly | Jan 2011 - Dec 2025 |
| Malta (%) | -1.2 Sep 2025 | monthly | Jan 2001 - Sep 2025 |
| Mauritius (%) | -0.7 Dec 2021 | quarterly | Mar 2015 - Dec 2021 |
| Mexico (%) | 1.5 Dec 2025 | monthly | Jan 1981 - Dec 2025 |
| Moldova (%) | 11.6 Nov 2025 | monthly | Jan 2004 - Nov 2025 |
| Mongolia (%) | -7.7 Sep 2025 | monthly | Jan 2010 - Sep 2025 |
| Montenegro (%) | -3.1 Dec 2025 | monthly | Jan 2001 - Dec 2025 |
| Morocco (%) | 2.2 Sep 2025 | quarterly | Mar 1979 - Sep 2025 |
| Mozambique (%) | -2.1 Jun 2023 | monthly | Jun 2012 - Jun 2023 |
| Nepal (%) | 7.9 Jul 2018 | quarterly | Oct 2016 - Jul 2018 |
| Netherlands (%) | 3.7 Sep 2025 | monthly | Jan 2001 - Sep 2025 |
| New Zealand (%) | -3.7 Sep 2023 | quarterly | Jun 1978 - Sep 2023 |
| Nigeria (%) | 4.0 Jun 2025 | quarterly | Mar 2011 - Jun 2025 |
| Norway (%) | 19.6 Sep 2025 | monthly | Jan 1991 - Sep 2025 |
| Oman (%) | -1.9 Apr 2017 | monthly | Jul 1968 - Apr 2017 |
| Pakistan (%) | 7.9 Oct 2025 | monthly | May 1998 - Oct 2025 |
| Palestinian Territory (%) | 4.0 Dec 2025 | monthly | Jan 2012 - Dec 2025 |
| Panama (%) | 0.8 Dec 2021 | monthly | Jan 2004 - Dec 2021 |
| Peru (%) | -2.1 Nov 2025 | monthly | Jan 1994 - Nov 2025 |
| Philippines (%) | 1.0 Dec 2025 | monthly | Jan 2002 - Dec 2025 |
| Poland (%) | 1.1 Oct 2025 | monthly | Jan 1998 - Oct 2025 |
| Portugal (%) | 2.0 Sep 2025 | monthly | Jan 1996 - Sep 2025 |
| Qatar (%) | -11.2 Mar 2017 | monthly | Jan 1958 - Mar 2017 |
| Romania (%) | 0.2 Sep 2025 | monthly | Jan 2006 - Sep 2025 |
| Russia (%) | 3.7 Dec 2025 | monthly | Jan 2014 - Dec 2025 |
| Saudi Arabia (%) | 8.9 Dec 2025 | monthly | Jan 2019 - Dec 2025 |
| Serbia (%) | -2.7 Oct 2025 | monthly | Jan 2001 - Oct 2025 |
| Singapore (%) | 8.2 Dec 2025 | monthly | Jan 1984 - Dec 2025 |
| Slovakia (%) | 0.7 Sep 2025 | monthly | Jan 1999 - Sep 2025 |
| Slovenia (%) | -1.3 Sep 2025 | monthly | Dec 1992 - Sep 2025 |
| South Africa (%) | -0.1 Nov 2025 | monthly | Jan 1962 - Nov 2025 |
| Spain (%) | 1.7 Sep 2025 | monthly | Jan 1962 - Sep 2025 |
| Sri Lanka (%) | 4.7 Sep 2025 | monthly | Jan 2016 - Sep 2025 |
| Sweden (%) | 14.4 Sep 2025 | monthly | Jan 1981 - Sep 2025 |
| Switzerland (%) | 9.2 Sep 2025 | monthly | Oct 2010 - Sep 2025 |
| Syria (%) | -11.1 2022 | yearly | 1966 - 2022 |
| Taiwan, China (%) | 18.1 Dec 2025 | monthly | Jan 1997 - Dec 2025 |
| Tajikistan (%) | 22.0 Nov 2025 | monthly | Jan 2000 - Nov 2025 |
| Thailand (%) | 2.8 Dec 2025 | monthly | Jan 2012 - Dec 2025 |
| Tunisia (%) | 2.2 Sep 2025 | monthly | Jan 2001 - Sep 2025 |
| Turkey (%) | 3.0 Sep 2025 | monthly | Jan 1987 - Sep 2025 |
| Ukraine (%) | -3.5 Dec 2025 | monthly | Dec 2000 - Dec 2025 |
| United Arab Emirates (%) | 2.2 Mar 2017 | monthly | Jan 1975 - Mar 2017 |
| United Kingdom (%) | -2.5 Sep 2025 | monthly | Jan 1949 - Sep 2025 |
| United States (%) | 2.0 Dec 2025 | monthly | Jan 1920 - Dec 2025 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -5.1 Sep 2025 | quarterly | Dec 2012 - Sep 2025 |
| Consolidated Fiscal Balance (USD mn) | -174.631 Dec 2025 | monthly | Jan 2012 - Dec 2025 |
| Tax Revenue (USD mn) | 230.124 Dec 2025 | monthly | Jan 2012 - Dec 2025 |
| Tax Revenue: % of GDP (%) | 24.2 Sep 2025 | quarterly | Mar 2012 - Sep 2025 |
| National Government Debt (USD mn) | 5,521.7 Sep 2025 | monthly | Dec 2010 - Sep 2025 |
| Government Debt: % of GDP (%) | 58.3 Sep 2025 | quarterly | Dec 2010 - Sep 2025 |
| Forecast: Government Expenditure (EUR bn) | 4.812 2030 | yearly | 2002 - 2030 |
| Forecast: Government Net Debt (EUR bn) | 6.956 2030 | yearly | 2002 - 2030 |
| Forecast: Government Revenue (EUR bn) | 4.350 2030 | yearly | 2002 - 2030 |
| General Govt Revenue: Cons: Taxes (EUR) | 196,519,134.140 Dec 2025 | monthly | Jan 2012 - Dec 2025 |
| General Government Revenue: Consolidated (EUR) | 332,109,440.500 Dec 2025 | monthly | Jan 2012 - Dec 2025 |
| General Govt Revenue: Cons: Taxes: Excises (EUR) | 36,470,170.960 Dec 2025 | monthly | Jan 2012 - Dec 2025 |
| General Govt Revenue: Cons: Taxes: Value Added Tax (EUR) | 131,336,012.740 Dec 2025 | monthly | Jan 2012 - Dec 2025 |
| General Govt Expenditure: Cons: ow Current (EUR) | 390,416,533.320 Dec 2025 | monthly | Jan 2012 - Dec 2025 |
| General Govt Balance: Consolidated: Deficit or Surplus (EUR) | -149,130,051.790 Dec 2025 | monthly | Jan 2012 - Dec 2025 |
| General Govt Expenditure: Consolidated (EUR) | 481,239,492.290 Dec 2025 | monthly | Jan 2012 - Dec 2025 |
| Gross General Government External Debt (EUR mn) | 4,417.700 Sep 2025 | monthly | Dec 2010 - Sep 2025 |
| Gross General Government Debt (EUR mn) | 4,705.330 Sep 2025 | monthly | Dec 2010 - Sep 2025 |
| Gross General Government Debt: Domestic (EUR mn) | 287.630 Sep 2025 | monthly | Dec 2010 - Sep 2025 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 1.534 2028 | yearly | 2003 - 2028 |
| Trade Balance (USD mn) | -319.9 Nov 2025 | monthly | Jan 2005 - Nov 2025 |
| Total Exports (USD mn) | 75.7 Dec 2025 | monthly | Jan 2005 - Dec 2025 |
| Total Exports Growth (%) | -5.4 Dec 2025 | monthly | Jan 2006 - Dec 2025 |
| Aluminum: Exports (USD th) | 41,867.902 2024 | yearly | 2008 - 2024 |
| Exports: Medicament (USD th) | 41,859.324 2024 | yearly | 2008 - 2024 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 95.438 2024 | yearly | 2008 - 2024 |
| Total Imports (USD mn) | 459.2 Dec 2025 | monthly | Jan 2005 - Dec 2025 |
| Total Imports Growth (%) | 10.0 Dec 2025 | monthly | Jan 2006 - Dec 2025 |
| Imports: Medicament (USD th) | 161,040.012 2024 | yearly | 2008 - 2024 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 69,267.944 2024 | yearly | 2008 - 2024 |
| Total Exports to USA (USD mn) | 2.353 Dec 2025 | monthly | Jan 2010 - Dec 2025 |
| Total Imports from USA (USD mn) | 4.082 Dec 2025 | monthly | Jan 2006 - Dec 2025 |
| Total Exports to China (USD mn) | 0.418 Dec 2025 | monthly | Jan 2010 - Dec 2025 |
| Total Imports from China (USD mn) | 55.967 Dec 2025 | monthly | Jan 2006 - Dec 2025 |
| Exports: Europe: CEFTA: Serbia (EUR th) | 19,078.298 Dec 2025 | monthly | Mar 2009 - Dec 2025 |
| Exports: Europe: EU-28: Slovenia (EUR th) | 1,417.484 Dec 2025 | monthly | Mar 2009 - Dec 2025 |
| Exports: Machinery & Transport Equipment (EUR th) | 3,789.538 Dec 2025 | monthly | Mar 2009 - Dec 2025 |
| Exports: Crude Materials: excl Fuels (EUR th) | 7,715.657 Dec 2025 | monthly | Mar 2009 - Dec 2025 |
| Exports: Food & Live Animals (EUR th) | 6,643.392 Dec 2025 | monthly | Mar 2009 - Dec 2025 |
| Exports: Mineral Fuels, Lubricants & Related Materials (EUR th) | 12,790.874 Dec 2025 | monthly | Mar 2009 - Dec 2025 |
| Exports: Manufactured Goods (EUR th) | 3,320.534 Dec 2025 | monthly | Mar 2009 - Dec 2025 |
| Imports: Europe: CEFTA: Serbia (EUR th) | 88,946.272 Dec 2025 | monthly | Mar 2009 - Dec 2025 |
| Imports: Europe: EU-28: Greece (EUR th) | 9,639.087 Dec 2025 | monthly | Mar 2009 - Dec 2025 |
| Imports: Food & Live Animals (EUR th) | 90,146.299 Dec 2025 | monthly | Mar 2009 - Dec 2025 |
| Imports: Manufactured Goods (EUR th) | 71,044.403 Dec 2025 | monthly | Mar 2009 - Dec 2025 |
| Imports: Mineral Fuels, Lubricants & Related Materials (EUR th) | 45,246.829 Dec 2025 | monthly | Mar 2009 - Dec 2025 |
| Imports: Miscellaneous Manufactured Goods (EUR th) | 57,667.797 Dec 2025 | monthly | Mar 2009 - Dec 2025 |
| Imports: Machinery & Transport Equipment (EUR th) | 116,836.229 Dec 2025 | monthly | Mar 2009 - Dec 2025 |
| Exports (EUR th) | 64,607.450 Dec 2025 | monthly | Jan 2005 - Dec 2025 |
| Imports (EUR th) | 392,140.299 Dec 2025 | monthly | Jan 2005 - Dec 2025 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Direct Investment Abroad (USD mn) | 16.5 Sep 2025 | quarterly | Mar 2005 - Sep 2025 |
| Current Account Balance (USD mn) | 69.2 Sep 2025 | quarterly | Mar 2004 - Sep 2025 |
| Current Account Balance: % of GDP (%) | 2.3 Sep 2025 | quarterly | Mar 2010 - Sep 2025 |
| Foreign Direct Investment (USD mn) | 169.4 Sep 2025 | quarterly | Mar 2005 - Sep 2025 |
| Foreign Direct Investment: % of GDP (%) | 5.6 Sep 2025 | quarterly | Mar 2010 - Sep 2025 |
| Foreign Portfolio Investment (USD mn) | -23.088 Sep 2025 | quarterly | Mar 2005 - Sep 2025 |
| Foreign Portfolio Investment: % of GDP (%) | -0.8 Sep 2025 | quarterly | Mar 2010 - Sep 2025 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | 113.6 Jun 2025 | quarterly | Mar 2007 - Jun 2025 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | 29.585 Jun 2025 | quarterly | Mar 2007 - Jun 2025 |
| External Debt (USD mn) | 8,741.3 2024 | yearly | 2006 - 2024 |
| External Debt: % of GDP (%) | 105.7 2024 | yearly | 2006 - 2024 |
| External Debt: Short Term (USD mn) | 235.2 2024 | yearly | 2007 - 2024 |
| External Debt: Short Term: % of GDP (%) | 2.8 2024 | yearly | 2007 - 2024 |
| Forecast: Current Account Balance (USD bn) | -1.945 2030 | yearly | 2001 - 2030 |
| 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 |
| Foreign Direct Investment: Flow: Slovenia (EUR) | 9,478,424.000 2023 | yearly | 2001 - 2023 |
| Foreign Direct Investment: Flow: Russian Federation (EUR) | 112,506,571.770 2023 | yearly | 2001 - 2023 |
| Foreign Direct Investment: Flow: Switzerland (EUR) | 65,139,405.970 2023 | yearly | 2001 - 2023 |
| Foreign Direct Investment: Flow: Italy (EUR) | 5,543,222.480 2023 | yearly | 2001 - 2023 |
| Foreign Direct Investment: Flow: Serbia (EUR) | 125,266,558.270 2023 | yearly | 2002 - 2023 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 4.3 Jun 2024 | monthly | Aug 2010 - Jun 2024 |
| Household Debt: % of GDP (%) | 28.3 Sep 2025 | quarterly | Mar 2007 - Sep 2025 |
| Non-Performing Loans (USD mn) | 205.823 Jun 2024 | monthly | Dec 2010 - Jun 2024 |
| M2 Growth (%) | 9.9 2024 | yearly | 2003 - 2024 |
| Reserve Requirement Ratio (%) | 5.5 Dec 2025 | monthly | Jan 2002 - Dec 2025 |
| Foreign Exchange Reserves (USD mn) | 2,081.3 Dec 2025 | monthly | Dec 2002 - Dec 2025 |
| Foreign Exchange Reserves: % of GDP (%) | 19.347 Sep 2025 | quarterly | Dec 2006 - Sep 2025 |
| Foreign Exchange Reserves: Months of Import (NA) | 4.5 Dec 2025 | monthly | Jan 2005 - Dec 2025 |
| Gold Reserves (USD mn) | 0.000 Dec 2025 | monthly | Dec 2002 - Dec 2025 |
| Total Deposits (USD mn) | 7,126.573 Dec 2025 | monthly | Jan 2003 - Dec 2025 |
| Total Deposits Growth (%) | 4.0 Dec 2025 | monthly | Jan 2004 - Dec 2025 |
| Domestic Credit (USD mn) | 4,697.7 Oct 2025 | monthly | Jan 2005 - Oct 2025 |
| Domestic Credit Growth (%) | 9.7 Dec 2025 | monthly | Jan 2006 - Dec 2025 |
| Household Debt (USD mn) | 2,801.6 Dec 2025 | monthly | Dec 2004 - Dec 2025 |
| Total Loans (USD mn) | 6,207.035 Oct 2025 | monthly | Jan 2003 - Oct 2025 |
| Total Loans Growth (%) | 14.24 Dec 2025 | monthly | Jan 2004 - Dec 2025 |
| Private Debt: % of Nominal GDP (%) | 49.09 Sep 2025 | quarterly | Mar 2007 - Sep 2025 |
| 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 |
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