The latest SBS: costs of material in Montenegro was 1,761,405.08 000 EUR in 2024. That is up 122,199.13 000 EUR (+7.5%) from 2023.
1,761,405.08
000 EUR
2024
+122,199.13
latest Δ
8
Observations
2015–2024
Period
Over 2015–2024, SBS: costs of material rose from 884,343.13 000 EUR to 1,761,405.08 000 EUR (+99.2% over the period).
Full historical data
| Period | SBS: costs of material (000 EUR) |
|---|---|
| 2015 | 884,343.13 |
| 2018 | 1,316,291.08 |
| 2019 | 1,451,233.91 |
| 2020 | 1,266,127.5 |
| 2021 | 1,357,482.3 |
| 2022 | 1,610,285.7 |
| 2023 | 1,639,205.95 |
| 2024 | 1,761,405.08 |
Source & Methodology
Source: MONSTAT (Statistical Office of Montenegro)
Indicator code: business.sbs.costs_of_material
Last updated: 2026-06-06 · Update frequency: annual
Verification: Verified official statistics, validated on ingest.