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

Montenegro GDP Indicators

Indicator Data Period
GDP Value 5.86 USD Billion 2021
GDP Annual Growth Rate 3.3 % 4Q/22
GDP per capita 7350 USD 2021
GDP Constant Prices 1382 EUR Million | 1.48 B USD 4Q/22
GDP per capita PPP 20602 USD 2021


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 5.86 USD Billion in 2021. 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
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
4.59 2014 31.12.2014


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 3.3 % in the forth quarter of 2022. The maximum growth was 18.2 % and minimum was -26.9 %
  • Data published Quarterly by Statistical Office.

Historical Data (%) by years

Data
Period
Date
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
19 2Q/21 24.09.2021
-6.4 1Q/21 16.06.2021


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 7350 USD in 2021. 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
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
6928.37 2013 31.12.2013


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 decreased to 1382 EUR Million (1.48 B USD) in the forth quarter of 2022. 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
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
1072 2Q/21 24.09.2021
859 1Q/21 16.06.2021


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 20602 USD in 2021. 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
20602 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 2021 480 B USD 435
Ireland 2021 504 B USD 426
Luxembourg 2021 85.51 B USD 73.99
Spain 2021 1427 B USD 1277
Iceland 2021 25.6 B USD 21.69
Norway 2021 482 B USD 362
Belarus 2021 68.21 B USD 61.37
Belgium 2021 594 B USD 525
Bulgaria 2021 84.06 B USD 70.24
Croatia 2021 68.96 B USD 57.47
Cyprus 2021 28.41 B USD 25.01
Czech Republic 2021 282 B USD 246
Denmark 2021 398 B USD 355
Estonia 2021 37.19 B USD 31.37
Euro Area 2021 14563 B USD 13085
European Union 2021 17177 B USD 15369
Finland 2021 297 B USD 272
France 2021 2958 B USD 2639
Germany 2021 4260 B USD 3890
Greece 2021 215 B USD 189
Hungary 2021 182 B USD 157
Italy 2021 2108 B USD 1897
Latvia 2021 39.85 B USD 34.6
Lithuania 2021 66.45 B USD 56.85
Macedonia 2021 13.88 B USD 12.12
Malta 2021 17.36 B USD 14.93
Moldova 2021 13.68 B USD 11.86
Montenegro 2021 5.86 B USD 4.77
Netherlands 2021 1013 B USD 910
Poland 2021 679 B USD 599
Portugal 2021 254 B USD 229
Romania 2021 284 B USD 251
Russia 2021 1776 B USD 1488
Serbia 2021 63.08 B USD 53.36
Slovakia 2021 115 B USD 105
Slovenia 2021 61.75 B USD 53.71
Sweden 2021 636 B USD 547
Switzerland 2021 801 B USD 740
Turkey 2021 819 B USD 720
Ukraine 2021 200 B USD 157
United Kingdom 2021 3131 B USD 2705
Monaco 2021 8.6 B USD 6.74
Liechtenstein 2016 6.21 B USD 6.27
Albania 2021 18.26 B USD 15.13
Bosnia and Herzegovina 2021 23.37 B USD 19.95
Kosovo 2021 9.41 B USD 7.72