The latest Industrial turnover index, annual change: Industry, total (B+C) in Montenegro was 2.3 % in 2025-Q4. That is down 2.4 % (-51.1%) from 2025-Q3.
2.3
%
2025-Q4
-2.4
latest Δ
64
Observations
2010–2025
Period
Over 2010-Q1–2025-Q4, Industrial turnover index, annual change: Industry, total (B+C) rose from -45 % to 2.3 % (-105.1% over the period).
Full historical data
| Period | Industrial turnover index, annual change: Industry, total (B+C) (%) |
|---|---|
| 2010-Q1 | -45 |
| 2010-Q2 | -19.8 |
| 2010-Q3 | -4.7 |
| 2010-Q4 | 20.3 |
| 2011-Q1 | 27.3 |
| 2011-Q2 | 7.3 |
| 2011-Q3 | 21.6 |
| 2011-Q4 | 15.2 |
| 2012-Q1 | -1.5 |
| 2012-Q2 | -9.3 |
| 2012-Q3 | -19.6 |
| 2012-Q4 | -23.7 |
| 2013-Q1 | -19.7 |
| 2013-Q2 | -26.5 |
| 2013-Q3 | -8.5 |
| 2013-Q4 | -1.5 |
| 2014-Q1 | -0.6 |
| 2014-Q2 | 16.1 |
| 2014-Q3 | -1.1 |
| 2014-Q4 | -1.6 |
| 2015-Q1 | 8.4 |
| 2015-Q2 | 0.5 |
| 2015-Q3 | -2.1 |
| 2015-Q4 | -5.3 |
| 2016-Q1 | -17.5 |
| 2016-Q2 | -10 |
| 2016-Q3 | -6.6 |
| 2016-Q4 | -5.7 |
| 2017-Q1 | 11.9 |
| 2017-Q2 | 7.6 |
| 2017-Q3 | 14.4 |
| 2017-Q4 | 9.9 |
| 2018-Q1 | 24.5 |
| 2018-Q2 | 30 |
| 2018-Q3 | 6.5 |
| 2018-Q4 | 12.6 |
| 2019-Q1 | -15.9 |
| 2019-Q2 | -12.9 |
| 2019-Q3 | 2.4 |
| 2019-Q4 | 2.7 |
| 2020-Q1 | 8.8 |
| 2020-Q2 | -12.4 |
| 2020-Q3 | -12.5 |
| 2020-Q4 | -0.5 |
| 2021-Q1 | -0.6 |
| 2021-Q2 | 21.5 |
| 2021-Q3 | 22.9 |
| 2021-Q4 | 19.8 |
| 2022-Q1 | 24.5 |
| 2022-Q2 | 42.5 |
| 2022-Q3 | 20.4 |
| 2022-Q4 | 16.6 |
| 2023-Q1 | 25.2 |
| 2023-Q2 | -17 |
| 2023-Q3 | 15.5 |
| 2023-Q4 | 4 |
| 2024-Q1 | -0.4 |
| 2024-Q2 | 10.1 |
| 2024-Q3 | -0.9 |
| 2024-Q4 | 4.5 |
| 2025-Q1 | -2.3 |
| 2025-Q2 | 15.8 |
| 2025-Q3 | 4.7 |
| 2025-Q4 | 2.3 |
Source & Methodology
Source: MONSTAT (Statistical Office of Montenegro)
Indicator code: industry.iti.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 production index, annual change: Industry, total (B+C+D)Industrial turnover index, quarterly 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)