The latest Industrial production index, annual change: Industry, total (B+C+D) in Montenegro was -20.4 % in 2025-Q4. That is down 0.4 % (+2.0%) from 2025-Q3.
-20.4
%
2025-Q4
-0.4
latest Δ
64
Observations
2010–2025
Period
Over 2010-Q1–2025-Q4, Industrial production index, annual change: Industry, total (B+C+D) fell from -14.4 % to -20.4 % (+41.7% over the period).
Full historical data
| Period | Industrial production index, annual change: Industry, total (B+C+D) (%) |
|---|---|
| 2010-Q1 | -14.4 |
| 2010-Q2 | 20.7 |
| 2010-Q3 | 42.1 |
| 2010-Q4 | 44.1 |
| 2011-Q1 | -0.5 |
| 2011-Q2 | -20.9 |
| 2011-Q3 | 4.7 |
| 2011-Q4 | -20.7 |
| 2012-Q1 | -14.7 |
| 2012-Q2 | 1.7 |
| 2012-Q3 | -7.8 |
| 2012-Q4 | -5.5 |
| 2013-Q1 | 3.3 |
| 2013-Q2 | 18.1 |
| 2013-Q3 | 5.8 |
| 2013-Q4 | 15.6 |
| 2014-Q1 | -4 |
| 2014-Q2 | -26 |
| 2014-Q3 | -7.8 |
| 2014-Q4 | -7.3 |
| 2015-Q1 | 7.1 |
| 2015-Q2 | 12.8 |
| 2015-Q3 | 8.5 |
| 2015-Q4 | 4.4 |
| 2016-Q1 | -8.1 |
| 2016-Q2 | 1 |
| 2016-Q3 | -0.4 |
| 2016-Q4 | -3.6 |
| 2017-Q1 | -10.5 |
| 2017-Q2 | -8.5 |
| 2017-Q3 | -1.3 |
| 2017-Q4 | 2.6 |
| 2018-Q1 | 39 |
| 2018-Q2 | 23.9 |
| 2018-Q3 | 11.9 |
| 2018-Q4 | 17.7 |
| 2019-Q1 | -14.4 |
| 2019-Q2 | -9.4 |
| 2019-Q3 | 0.1 |
| 2019-Q4 | -1.7 |
| 2020-Q1 | 12.9 |
| 2020-Q2 | -15.9 |
| 2020-Q3 | -2.8 |
| 2020-Q4 | 0.6 |
| 2021-Q1 | 11.8 |
| 2021-Q2 | 8.7 |
| 2021-Q3 | 0.4 |
| 2021-Q4 | 0 |
| 2022-Q1 | -15.2 |
| 2022-Q2 | 17.2 |
| 2022-Q3 | -6.8 |
| 2022-Q4 | -1.9 |
| 2023-Q1 | 9.5 |
| 2023-Q2 | -1 |
| 2023-Q3 | 9.1 |
| 2023-Q4 | 7.4 |
| 2024-Q1 | 4.9 |
| 2024-Q2 | -20.6 |
| 2024-Q3 | -4.5 |
| 2024-Q4 | 15.3 |
| 2025-Q1 | -4.2 |
| 2025-Q2 | 18.6 |
| 2025-Q3 | -20 |
| 2025-Q4 | -20.4 |
Source & Methodology
Source: MONSTAT (Statistical Office of Montenegro)
Indicator code: industry.ipi.total.annual_change
Last updated: 2026-06-05 · Update frequency: quarterly
Verification: Verified official statistics, validated on ingest.
Industry
Industrial production index, quarterly change: Industry, total (B+C+D)Industrial turnover index, quarterly change: Industry, total (B+C)Industrial turnover index, annual change: Industry, total (B+C)Industrial production index, quarterly change: Mining and quarrying (B)Industrial production index, quarterly change: Manufacturing (C)Industrial production index, annual change: Manufacturing (C)Industrial production index, quarterly change: Electricity, gas, steam and air conditioning supply (D)Industrial production index, annual change: Electricity, gas, steam and air conditioning supply (D)