Montenegro - Agriculture, value added (constant LCU)

The value for Agriculture, value added (constant LCU) in Montenegro was 282,331,000 as of 2020. As the graph below shows, over the past 20 years this indicator reached a maximum value of 285,380,000 in 2018 and a minimum value of 197,432,800 in 2000.

Definition: Agriculture corresponds to ISIC divisions 1-5 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
2000 197,432,800
2001 202,494,800
2002 220,255,800
2003 218,248,900
2004 227,216,200
2005 231,297,500
2006 241,747,000
2007 214,077,000
2008 238,700,000
2009 243,365,000
2010 239,947,000
2011 266,460,000
2012 232,345,000
2013 264,052,000
2014 268,900,000
2015 274,422,000
2016 285,119,000
2017 276,239,000
2018 285,380,000
2019 279,156,000
2020 282,331,000

Base Period: varies by country

Periodicity: Annual

General Comments: Note: Data for OECD countries are based on ISIC, revision 4.

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts