The latest Industrial turnover index, annual change: Manufacturing (C) in Montenegro was 11.1 % in 2025-Q4. That is down 9.5 % (-46.1%) from 2025-Q3.
11.1
%
2025-Q4
-9.5
latest Δ
64
Observations
2010–2025
Period
Over 2010-Q1–2025-Q4, Industrial turnover index, annual change: Manufacturing (C) rose from -48.5 % to 11.1 % (-122.9% over the period).
Full historical data
| Period | Industrial turnover index, annual change: Manufacturing (C) (%) |
|---|---|
| 2010-Q1 | -48.5 |
| 2010-Q2 | -26 |
| 2010-Q3 | -18.3 |
| 2010-Q4 | 8 |
| 2011-Q1 | 30.3 |
| 2011-Q2 | 14.5 |
| 2011-Q3 | 28.5 |
| 2011-Q4 | 18.1 |
| 2012-Q1 | -2.9 |
| 2012-Q2 | -7.1 |
| 2012-Q3 | -22 |
| 2012-Q4 | -26.2 |
| 2013-Q1 | -22.7 |
| 2013-Q2 | -27.9 |
| 2013-Q3 | -9.7 |
| 2013-Q4 | -1.1 |
| 2014-Q1 | -0.5 |
| 2014-Q2 | 12 |
| 2014-Q3 | -1.9 |
| 2014-Q4 | -5.3 |
| 2015-Q1 | 9 |
| 2015-Q2 | 2.2 |
| 2015-Q3 | -0.9 |
| 2015-Q4 | -2.6 |
| 2016-Q1 | -14.8 |
| 2016-Q2 | -13.4 |
| 2016-Q3 | -11.3 |
| 2016-Q4 | -10.9 |
| 2017-Q1 | -5.3 |
| 2017-Q2 | 6.4 |
| 2017-Q3 | 10.3 |
| 2017-Q4 | 12.7 |
| 2018-Q1 | 39.6 |
| 2018-Q2 | 30 |
| 2018-Q3 | 10.7 |
| 2018-Q4 | 8.6 |
| 2019-Q1 | -21.3 |
| 2019-Q2 | -15.3 |
| 2019-Q3 | -1 |
| 2019-Q4 | 1.6 |
| 2020-Q1 | 8.2 |
| 2020-Q2 | -13.4 |
| 2020-Q3 | -16.7 |
| 2020-Q4 | -3.6 |
| 2021-Q1 | 0.9 |
| 2021-Q2 | 29.6 |
| 2021-Q3 | 38.6 |
| 2021-Q4 | 28.6 |
| 2022-Q1 | 34.4 |
| 2022-Q2 | 38.4 |
| 2022-Q3 | 5.5 |
| 2022-Q4 | 18.1 |
| 2023-Q1 | 25.4 |
| 2023-Q2 | -18.9 |
| 2023-Q3 | 18.8 |
| 2023-Q4 | 0.3 |
| 2024-Q1 | -3.2 |
| 2024-Q2 | 14.1 |
| 2024-Q3 | -1.4 |
| 2024-Q4 | 6.9 |
| 2025-Q1 | -5.2 |
| 2025-Q2 | 21.1 |
| 2025-Q3 | 20.6 |
| 2025-Q4 | 11.1 |
Source & Methodology
Source: MONSTAT (Statistical Office of Montenegro)
Indicator code: industry.iti.manufacturing.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 production index, annual 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)