Montenegro Industrial Production Index Growth
2001 - 2026 | Monthly | % | CEIC Data
Key information about Montenegro Industrial Production Index Growth
- Montenegro Industrial production rose 17.1 % YoY in May 2026, following an increase of 13.1 % YoY in the previous month.
- Montenegro Industrial production index growth rate YoY data is updated monthly, available from Jan 2001 to May 2026, with an average rate of 3.0 %.
- 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 May 2026 in the chart:
What was Montenegro's Industrial Production Index Growth in May 2026?
Montenegro Industrial production rose 17.1 % YoY in May 2026, following an increase of 13.1 % YoY in the previous month. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 17.1 May 2026 | 13.1 Apr 2026 | -56.3 Sep 2009 | 55.2 Sep 2010 | % | monthly | Jan 2001 - May 2026 |
Industrial Production Index Growth by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | -4.9 Mar 2026 | quarterly | Mar 2007 - Mar 2026 |
| Algeria (%) | 6.3 Jun 2025 | quarterly | Mar 1996 - Jun 2025 |
| Argentina (2004=100) | 118.1 Apr 2026 | monthly | Jan 2016 - Apr 2026 |
| Armenia (%) | 9.5 May 2026 | monthly | Jan 2008 - May 2026 |
| Australia (%) | 2.6 Mar 2026 | quarterly | Sep 1975 - Mar 2026 |
| Austria (%) | -1.4 Sep 2025 | monthly | Jan 1958 - Sep 2025 |
| Azerbaijan (%) | -0.3 May 2026 | monthly | Dec 2009 - May 2026 |
| Bangladesh (%) | -1.0 Mar 2026 | monthly | Jul 1974 - Mar 2026 |
| Belarus (%) | 0.2 Apr 2026 | monthly | Jan 2002 - Apr 2026 |
| Belgium (%) | 1.9 Sep 2025 | monthly | Jan 1956 - Sep 2025 |
| Bolivia (%) | -0.5 2019 | yearly | 1991 - 2019 |
| Bosnia and Herzegovina (%) | -0.9 May 2026 | monthly | Jan 2007 - May 2026 |
| Brazil (%) | 2.6 May 2026 | monthly | Jan 1986 - May 2026 |
| Bulgaria (%) | -7.0 Sep 2025 | monthly | Jan 2001 - Sep 2025 |
| Canada (%) | 1.4 May 2026 | monthly | Jan 1958 - May 2026 |
| Chile (%) | -6.6 May 2026 | monthly | Jan 2010 - May 2026 |
| China (%) | 4.1 Apr 2026 | monthly | Jan 1995 - Apr 2026 |
| Colombia (%) | 3.0 Apr 2026 | monthly | Jan 1981 - Apr 2026 |
| Croatia (%) | 5.5 Oct 2025 | monthly | Jan 1999 - Oct 2025 |
| Cyprus (%) | 1.4 Apr 2026 | monthly | Jan 2001 - Apr 2026 |
| Czech Republic (%) | 1.3 Apr 2026 | monthly | Jan 1999 - Apr 2026 |
| Denmark (%) | 9.7 Sep 2025 | monthly | Jan 2001 - Sep 2025 |
| Ecuador (%) | 30.3 Sep 2020 | monthly | Jan 2017 - Sep 2020 |
| Egypt (%) | 8.5 Apr 2026 | monthly | Aug 2004 - Apr 2026 |
| 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 (%) | 3.7 Mar 2026 | quarterly | Mar 2002 - Mar 2026 |
| Germany (%) | 0.1 May 2026 | monthly | Jan 1959 - May 2026 |
| Greece (%) | 6.8 Sep 2025 | monthly | Jan 1991 - Sep 2025 |
| Hong Kong SAR, China (%) | 3.1 Mar 2026 | quarterly | Mar 1983 - Mar 2026 |
| Hungary (%) | -1.6 Sep 2025 | monthly | Jan 1986 - Sep 2025 |
| Iceland (%) | 11.7 2018 | yearly | 2008 - 2018 |
| India (%) | 5.1 May 2026 | monthly | Apr 2006 - May 2026 |
| Indonesia (%) | -1.7 Mar 2026 | monthly | Jan 1999 - Mar 2026 |
| Iran (%) | 12.7 Mar 2017 | monthly | Jan 1958 - Mar 2017 |
| Ireland (%) | 10.3 Sep 2025 | monthly | Jul 1976 - Sep 2025 |
| Israel (%) | 30.0 Apr 2026 | monthly | Jan 1991 - Apr 2026 |
| Italy (%) | 0.9 Sep 2025 | monthly | Jan 1954 - Sep 2025 |
| Ivory Coast (%) | -0.1 Mar 2026 | monthly | Feb 2022 - Mar 2026 |
| Japan (%) | 1.2 May 2026 | monthly | Jan 1954 - May 2026 |
| Jordan (%) | -1.2 Apr 2026 | monthly | Jan 2003 - Apr 2026 |
| Kazakhstan (%) | 4.7 May 2026 | monthly | Feb 2001 - May 2026 |
| Kenya (%) | 2.1 2025 | yearly | 2002 - 2025 |
| South Korea (%) | 0.7 May 2026 | monthly | Jan 1958 - May 2026 |
| Kuwait (%) | -10.0 Mar 2017 | monthly | Jan 1966 - Mar 2017 |
| Kyrgyzstan (%) | 13.4 May 2026 | monthly | Jan 1999 - May 2026 |
| Latvia (%) | 6.1 Sep 2025 | monthly | Jan 2001 - Sep 2025 |
| Lebanon (%) | 10.6 2010 | yearly | 1998 - 2010 |
| Lithuania (%) | -1.5 May 2026 | monthly | Jan 1999 - May 2026 |
| Luxembourg (%) | -5.8 Apr 2026 | monthly | Jan 2011 - Apr 2026 |
| Macau SAR, China (%) | 37.0 Dec 2024 | quarterly | Mar 2001 - Dec 2024 |
| North Macedonia (%) | -2.0 May 2026 | monthly | Jan 2004 - May 2026 |
| Malawi (%) | 63.5 Sep 2024 | monthly | Jan 2014 - Sep 2024 |
| Malaysia (%) | 8.3 Apr 2026 | monthly | Jan 2011 - Apr 2026 |
| Malta (%) | -1.2 Sep 2025 | monthly | Jan 2001 - Sep 2025 |
| Mauritius (%) | -0.7 Dec 2021 | quarterly | Mar 2015 - Dec 2021 |
| Mexico (%) | 1.2 Apr 2026 | monthly | Jan 1981 - Apr 2026 |
| Moldova (%) | 10.6 Apr 2026 | monthly | Jan 2004 - Apr 2026 |
| Mongolia (%) | -7.7 Sep 2025 | monthly | Jan 2010 - Sep 2025 |
| Montenegro (%) | 17.1 May 2026 | monthly | Jan 2001 - May 2026 |
| Morocco (%) | -1.4 Mar 2026 | quarterly | Mar 1979 - Mar 2026 |
| 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 (%) | 6.5 Apr 2026 | monthly | May 1998 - Apr 2026 |
| Palestinian Territory (%) | -7.6 May 2026 | monthly | Jan 2012 - May 2026 |
| Panama (%) | 0.8 Dec 2021 | monthly | Jan 2004 - Dec 2021 |
| Peru (%) | 2.2 Apr 2026 | monthly | Jan 1994 - Apr 2026 |
| Philippines (%) | 10.2 May 2026 | monthly | Jan 2002 - May 2026 |
| 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 (%) | -0.7 May 2026 | monthly | Jan 2014 - May 2026 |
| Saudi Arabia (%) | -19.1 Apr 2026 | monthly | Jan 2019 - Apr 2026 |
| Serbia (%) | -2.7 Oct 2025 | monthly | Jan 2001 - Oct 2025 |
| Singapore (%) | 13.3 May 2026 | monthly | Jan 1984 - May 2026 |
| Slovakia (%) | 0.7 Sep 2025 | monthly | Jan 1999 - Sep 2025 |
| Slovenia (%) | -1.3 Sep 2025 | monthly | Dec 1992 - Sep 2025 |
| South Africa (%) | -2.8 Apr 2026 | monthly | Jan 1962 - Apr 2026 |
| 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 (%) | -10.0 Dec 2025 | monthly | Oct 2010 - Dec 2025 |
| Syria (%) | -11.1 2022 | yearly | 1966 - 2022 |
| Taiwan, China (%) | 11.4 May 2026 | monthly | Jan 1997 - May 2026 |
| Tajikistan (%) | 13.0 Apr 2026 | monthly | Jan 2000 - Apr 2026 |
| Thailand (%) | -0.9 May 2026 | monthly | Jan 2012 - May 2026 |
| Tunisia (%) | 2.2 Sep 2025 | monthly | Jan 2001 - Sep 2025 |
| Turkey (%) | 3.0 Sep 2025 | monthly | Jan 1987 - Sep 2025 |
| Ukraine (%) | 0.3 May 2026 | monthly | Dec 2000 - May 2026 |
| 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 (%) | 1.7 May 2026 | monthly | Jan 1920 - May 2026 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -4.5 Mar 2026 | quarterly | Dec 2012 - Mar 2026 |
| Consolidated Fiscal Balance (USD mn) | -83.223 May 2026 | monthly | Jan 2012 - May 2026 |
| Tax Revenue (USD mn) | 200.809 May 2026 | monthly | Jan 2012 - May 2026 |
| Tax Revenue: % of GDP (%) | 31.0 Mar 2026 | quarterly | Mar 2012 - Mar 2026 |
| 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) | 5.113 2031 | yearly | 2002 - 2031 |
| Forecast: Government Net Debt (EUR bn) | 7.483 2031 | yearly | 2002 - 2031 |
| Forecast: Government Revenue (EUR bn) | 4.623 2031 | yearly | 2002 - 2031 |
| General Govt Expenditure: Consolidated (EUR) | 287,565,915.640 May 2026 | monthly | Jan 2012 - May 2026 |
| General Govt Revenue: Cons: Taxes (EUR) | 171,910,737.140 May 2026 | monthly | Jan 2012 - May 2026 |
| General Govt Revenue: Cons: Taxes: Excises (EUR) | 32,034,430.120 May 2026 | monthly | Jan 2012 - May 2026 |
| General Govt Expenditure: Cons: ow Current (EUR) | 260,087,971.500 May 2026 | monthly | Jan 2012 - May 2026 |
| General Government Revenue: Consolidated (EUR) | 216,319,266.010 May 2026 | monthly | Jan 2012 - May 2026 |
| General Govt Balance: Consolidated: Deficit or Surplus (EUR) | -71,246,649.630 May 2026 | monthly | Jan 2012 - May 2026 |
| General Govt Revenue: Cons: Taxes: Value Added Tax (EUR) | 103,938,067.020 May 2026 | monthly | Jan 2012 - May 2026 |
| 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) | -407.3 May 2026 | monthly | Jan 2005 - May 2026 |
| Total Exports (USD mn) | 45.6 May 2026 | monthly | Jan 2005 - May 2026 |
| Total Exports Growth (%) | 7.5 May 2026 | monthly | Jan 2006 - May 2026 |
| 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) | 452.9 May 2026 | monthly | Jan 2005 - May 2026 |
| Total Imports Growth (%) | 3.5 May 2026 | monthly | Jan 2006 - May 2026 |
| 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) | 0.442 May 2026 | monthly | Jan 2010 - May 2026 |
| Total Imports from USA (USD mn) | 6.252 May 2026 | monthly | Jan 2006 - May 2026 |
| Total Exports to China (USD mn) | 0.831 May 2026 | monthly | Jan 2010 - May 2026 |
| Total Imports from China (USD mn) | 53.703 May 2026 | monthly | Jan 2006 - May 2026 |
| Exports: Europe: EU-28: Slovenia (EUR th) | 3,791.901 May 2026 | monthly | Mar 2009 - May 2026 |
| Exports: Europe: CEFTA: Serbia (EUR th) | 7,679.859 May 2026 | monthly | Mar 2009 - May 2026 |
| Exports: Machinery & Transport Equipment (EUR th) | 5,679.396 May 2026 | monthly | Mar 2009 - May 2026 |
| Exports: Crude Materials: excl Fuels (EUR th) | 6,369.677 May 2026 | monthly | Mar 2009 - May 2026 |
| Exports: Manufactured Goods (EUR th) | 5,203.826 May 2026 | monthly | Mar 2009 - May 2026 |
| Exports: Food & Live Animals (EUR th) | 3,977.140 May 2026 | monthly | Mar 2009 - May 2026 |
| Exports: Mineral Fuels, Lubricants & Related Materials (EUR th) | 11,208.711 May 2026 | monthly | Mar 2009 - May 2026 |
| Imports: Europe: CEFTA: Serbia (EUR th) | 65,057.906 May 2026 | monthly | Mar 2009 - May 2026 |
| Imports: Europe: EU-28: Greece (EUR th) | 33,968.686 May 2026 | monthly | Mar 2009 - May 2026 |
| Imports: Miscellaneous Manufactured Goods (EUR th) | 51,039.432 May 2026 | monthly | Mar 2009 - May 2026 |
| Imports: Food & Live Animals (EUR th) | 68,927.561 May 2026 | monthly | Mar 2009 - May 2026 |
| Imports: Manufactured Goods (EUR th) | 57,443.242 May 2026 | monthly | Mar 2009 - May 2026 |
| Imports: Machinery & Transport Equipment (EUR th) | 91,352.150 May 2026 | monthly | Mar 2009 - May 2026 |
| Imports: Mineral Fuels, Lubricants & Related Materials (EUR th) | 49,537.512 May 2026 | monthly | Mar 2009 - May 2026 |
| Imports (EUR th) | 387,742.991 May 2026 | monthly | Jan 2005 - May 2026 |
| Exports (EUR th) | 39,064.335 May 2026 | monthly | Jan 2005 - May 2026 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Direct Investment Abroad (USD mn) | 21.8 Dec 2025 | quarterly | Mar 2005 - Dec 2025 |
| Current Account Balance (USD mn) | 69.2 Sep 2025 | quarterly | Mar 2004 - Sep 2025 |
| Current Account Balance: % of GDP (%) | -36.0 Mar 2026 | quarterly | Mar 2010 - Mar 2026 |
| Foreign Direct Investment (USD mn) | 123.4 Mar 2026 | quarterly | Mar 2005 - Mar 2026 |
| Foreign Direct Investment: % of GDP (%) | 9.0 Dec 2025 | quarterly | Mar 2010 - Dec 2025 |
| Foreign Portfolio Investment (USD mn) | -71.408 Mar 2026 | quarterly | Mar 2005 - Mar 2026 |
| Foreign Portfolio Investment: % of GDP (%) | -3.8 Dec 2025 | quarterly | Mar 2010 - Dec 2025 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | 120.2 Mar 2026 | quarterly | Mar 2007 - Mar 2026 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | 3.240 Mar 2026 | quarterly | Mar 2007 - Mar 2026 |
| 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) | -2.088 2031 | yearly | 2001 - 2031 |
| 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 |
| BoP: Current Account: Goods: Export (EUR th) | 120,372.138 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: Italy (EUR) | 5,543,222.480 2023 | yearly | 2001 - 2023 |
| Foreign Direct Investment: Flow: Serbia (EUR) | 125,266,558.270 2023 | yearly | 2002 - 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 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 4.3 Jun 2024 | monthly | Aug 2010 - Jun 2024 |
| Household Debt: % of GDP (%) | 30.0 Mar 2026 | quarterly | Mar 2007 - Mar 2026 |
| Non-Performing Loans (USD mn) | 205.823 Jun 2024 | monthly | Dec 2010 - Jun 2024 |
| M2 Growth (%) | 9.8 2025 | yearly | 2003 - 2025 |
| Reserve Requirement Ratio (%) | 5.5 May 2026 | monthly | Jan 2002 - May 2026 |
| Foreign Exchange Reserves (USD mn) | 2,081.3 Dec 2025 | monthly | Dec 2002 - Dec 2025 |
| Foreign Exchange Reserves: % of GDP (%) | 22.409 Dec 2025 | quarterly | Dec 2006 - Dec 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) | 6,966.935 May 2026 | monthly | Jan 2003 - May 2026 |
| Total Deposits Growth (%) | 5.7 May 2026 | monthly | Jan 2004 - May 2026 |
| Domestic Credit (USD mn) | 5,403.2 May 2026 | monthly | Jan 2005 - May 2026 |
| Domestic Credit Growth (%) | 22.6 May 2026 | monthly | Jan 2006 - May 2026 |
| Household Debt (USD mn) | 2,977.9 May 2026 | monthly | Dec 2004 - May 2026 |
| Total Loans (USD mn) | 6,735.508 May 2026 | monthly | Jan 2003 - May 2026 |
| Total Loans Growth (%) | 12.29 May 2026 | monthly | Jan 2004 - May 2026 |
| Private Debt: % of Nominal GDP (%) | 50.62 Dec 2025 | quarterly | Mar 2007 - Dec 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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