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Statistics on the production of manufactured goods (prom)

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National Reference Metadata in Euro SDMX Metadata Structure (ESMS)

Compiling agency: Statistical Office of Montenegro - MONSTAT

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The aim of the annual survey of industrial production (PRODCOM) is to provide data on industrial production and turnover, on an annual basis, real production (in the context that present data in particular on the service produced quantities), and the quantity and value of sold production.

PRODCOM term comes from the French language "PRODuction COMmunautaire" -production community and refers to the production in the sectors of mining and quarrying and Manufacturing the Classification of Activities 2010.

31 July 2025

The product: is a result of some industrial activities and is defined by the Nomenclature of Industrial Products for the annual survey of industrial production. The term product is used as a general, both for products that have a physical dimension, and industrial services. A finished product is any product that has reached such a degree of processing, so that the Nomenclature of Industrial products for the annual survey of industrial production given specific code and a specific name. The product is finished when its correctness checking product quality control. Defective products are not considered as finished products.

The stocks of finished products at the begining of the year: means the quantity of the stock transfer from the previous year, with the quantities of the warehouse books in line with the established real situation after inventory.

Real production: represents the total production of the product, expressed in the appropriate measure unit, refers to the period that corresponds to the calendar year. It refers to the production which was completed in the year for which the report is submitted on the territory of Montenegro.

Under the service production: refers to the production using customer's raw materials and for his account, so that the producer does not appear as the owner of the goods, but only as service executor. Service production is presented with code, name and unit of measure provided for a given product, but in a separate row, with a special code in the column "type of production", which means the service.

Quantities consumed for further production: this item includes the consumption of products produced within the economic entity (reporting units). This is known as internal realization.

The stocks of finished products at the end of the year: means the quantity of unsold products held by the producer at 31st December of the reporting year.

Observation units for covering of industrial production (PRODCOM) are enterprises (companies) with 5 or more employees, with a turnover reported in the balance sheet for the previous year, whose main activity is industrial production (i.e. registrated in sectors B and C of Nace Rev.2 Classification), as well as KAU of companies which carrying out the industrial production.

Reporting units are enterprises or KAUs whose main activity is industry and who are in the Central Register of the Commercial Court to the classification of economic activities registered in the section B (Mining and quarrying) and C (Manufacturing).

Industrial data refer to the territory of Montenegro.

Data are collected in reference to period of year 2024

The annually industrial survey is done on the basis of cut-off. Data is obtained by reporting method and are subject to the usual types of errors associated with survey techniques, as well as measurement errors, processing errors and non-response.

Sold production - in Euro.

Volume of production are measured in following measurement units (m2, m3, t, thousand of effective work, hl).

All results from the survey of industrial production (PRODCOM) are processed at the level of individual products from the PRODCOM list, as well as the value of sales of the product, taking into account the protection of individual data.

The PRODCOM survey uses different concepts of production for which expression exist special rules (coding, evaluation, etc.). Terminology and definitions are entirely taken over from the definition laid down for the PRODCOM EU survey. Reporting unit is obliged to consider them well before completing the questionnaire, in order to avoid erroneous presentation of data on industrial production in PRODCOM survey.

Data are collected on a basis of enterprises and KAU with 5 and more employees of reporting units including Statistical Business Register (SBR) in MONSTAT which are registered in the section B-Mining and quarrying and C-Manufacturing  Nace Rev. 2 classification.

Annually according to Calendar of Release.

PRODCOM data are published 180 days after the end of the reference period.

Methodology of our industrial survey is the same as in other European countries, that is the reason why our data are comparable geographically with data of other EU countries.

Comparable data are published since 2010 year on the MONSTAT website.