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Montenegro GDP Data: Value, Growth Rate, Per Capita and Structure

Montenegro GDP Indicators

Indicator Data Period
GDP Value 6.1 USD Billion 2022
GDP Annual Growth Rate 6.9 % 2Q/23
GDP per capita 7879 USD 2022
GDP Constant Prices 1522 EUR Million | 1.615 B USD 2Q/23
GDP per capita PPP 22081 USD 2022


Latest data on GDP Value (USD Billion)

GDP Value
                     Montenegro - Historical Data (USD Billion)

What is Montenegro GDP Value?

  • The volume of Gross Domestic Product in Montenegro increased to 6.1 USD Billion in 2022. The maximum volume was 5.54 USD Billion and minimum was 0.98 USD Billion.
  • Data published Yearly by World Bank.

Historical Data (USD Billion) by years

Data
Period
Date
6.1 2022 30.06.2023
5.86 2021 06.07.2022
4.78 2020 02.07.2021
5.49 2019 06.03.2020
5.45 2018 02.07.2019
4.77 2017 05.07.2018
4 2016 19.06.2018
4.02 2015 31.12.2015


Historical Chart by presidents (USD Billion)

GDP Value in Montenegro by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Filip Vujanovic 28.05.2018 - 4.0000 4.0000 4.0000 4.0000 0.00%
Milo Dukanovic 03.07.2006 - 20.05.2018 2.7000 4.1700 4.5900 2.7000 54.44%


Latest data on GDP Annual Growth Rate (%)

GDP Annual Growth Rate
                     Montenegro - Historical Data (%)

What is annual GDP growth rate in Montenegro?

  • GDP Annual Growth Rate in Montenegro increased by 6.9 % in the second quarter of 2023. The maximum growth was 18.2 % and minimum was -26.9 %
  • Data published Quarterly by Statistical Office.

Historical Data (%) by years

Data
Period
Date
6.9 2Q/23 20.09.2023
6.1 1Q/23 14.06.2023
3.3 4Q/22 15.03.2023
3.2 3Q/22 14.12.2022
12.7 2Q/22 23.09.2022
7.2 1Q/22 16.06.2022
8.2 4Q/21 16.03.2022
25.8 3Q/21 18.01.2022


Historical Chart by YoY presidents (%)

GDP Annual Growth Rate in Montenegro by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Filip Vujanovic 28.05.2018 - 4.0000 4.0000 4.0000 4.0000 0.00%
Milo Dukanovic 03.07.2006 - 20.05.2018 8.6000 3.2000 10.7000 -5.7000 -62.79%


Latest data on GDP per capita (USD)

GDP per capita
                     Montenegro - Historical Data (USD)

What is Montenegro GDP per capita?

  • GDP per capita in Montenegro increased to 7879 USD in 2022. The maximum level was 8591 USD and minimum was 4797 USD.
  • Data published Yearly by World Bank.

Historical Data (USD) by years

Data
Period
Date
7879 2022 30.06.2023
7350 2021 12.07.2022
6516 2020 02.07.2021
8545 2019 04.07.2019
7812.95 2017 05.07.2018
7455.33 2016 11.08.2017
7280.77 2015 31.12.2015
7045.12 2014 31.12.2014


Historical Chart by presidents (USD)

GDP per capita in Montenegro by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Milo Dukanovic 03.07.2006 - 20.05.2018 5884.2400 7455.3300 7455.3300 5884.2400 26.70%


Latest data on GDP Constant Prices (EUR Million)

GDP Constant Prices
                     Montenegro - Historical Data (EUR Million)

What is Montenegro GDP in Constant Prices?

  • Real GDP (Constant Prices) in Montenegro increased to 1522 EUR Million (1.615 B USD) in the second quarter of 2023. The maximum value was 1603 EUR Million and minimum was 602 EUR Million.
  • Data published Quarterly by Statistical Office.

Historical Data (EUR Million) by years

Data
Period
Date
1522 2Q/23 22.09.2023
1095 1Q/23 14.06.2023
1382 4Q/22 16.03.2023
1650 3Q/22 24.12.2022
1282 2Q/22 23.09.2022
938 1Q/22 18.06.2022
1253 4Q/21 16.03.2022
1524 3Q/21 18.01.2022


Historical Chart by presidents (EUR Million)

GDP Constant Prices in Montenegro by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End


Latest data on GDP per capita PPP (USD)

GDP per capita PPP
                     Montenegro - Historical Data (USD)

What is Montenegro GDP per capita by purchasing power parity?

  • GDP per capita PPP (purchasing power parity) in Montenegro increased to 22081 USD in 2022. The maximum level was 21534 USD and minimum was 12025 USD.
  • Data published Yearly by World Bank.

Historical Data (USD) by years

Data
Period
Date
22081 2022 30.06.2023
20599 2021 06.07.2022
18279 2020 02.07.2021
21379 2019 07.07.2020
17278 2018 29.10.2019
16409 2017 04.07.2019


Historical Chart by presidents (USD)

GDP per capita PPP in Montenegro by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End

Other gdp indicators in Montenegro

Index Updated Actual Previous

GDP Value in other countries

Country Updated Actual Previous
Austria 2022 471 B USD 480
Ireland 2022 529 B USD 504
Luxembourg 2022 82.27 B USD 85.51
Spain 2022 1398 B USD 1427
Iceland 2022 27.84 B USD 25.55
Norway 2022 579 B USD 490
Belarus 2022 72.79 B USD 69.67
Belgium 2022 579 B USD 594
Bulgaria 2022 89.04 B USD 84.06
Croatia 2022 70.96 B USD 68.84
Cyprus 2022 28.44 B USD 28.41
Czech Republic 2022 291 B USD 282
Denmark 2022 395 B USD 398
Estonia 2022 38.1 B USD 37.19
Euro Area 2022 14041 B USD 14571
European Union 2022 16641 B USD 17188
Finland 2022 281 B USD 296
France 2022 2783 B USD 2958
Germany 2022 4072 B USD 4260
Greece 2022 219 B USD 215
Hungary 2022 179 B USD 182
Italy 2022 2010 B USD 2114
Latvia 2022 41.15 B USD 39.73
Lithuania 2022 70.33 B USD 66.41
Macedonia 2022 13.56 B USD 13.83
Malta 2022 17.77 B USD 17.74
Moldova 2022 14.42 B USD 13.69
Montenegro 2022 6.1 B USD 5.86
Netherlands 2022 991 B USD 1012
Poland 2022 688 B USD 679
Portugal 2022 252 B USD 254
Romania 2022 301 B USD 285
Russia 2022 2240 B USD 1837
Serbia 2022 63.5 B USD 63.08
Slovakia 2022 115 B USD 119
Slovenia 2022 62.12 B USD 61.75
Sweden 2022 586 B USD 637
Switzerland 2022 808 B USD 801
Turkey 2022 906 B USD 819
Ukraine 2022 160 B USD 200
United Kingdom 2022 3071 B USD 3122
Monaco 2021 8.6 B USD 6.74
Liechtenstein 2016 6.21 B USD 6.27
Albania 2022 18.88 B USD 17.93
Bosnia and Herzegovina 2022 24.53 B USD 23.65
Kosovo 2022 9.43 B USD 9.41