Montenegro vs Palestine, State of: GDP, PPP
GDP, PPP over time
- Montenegro
- Palestine, State of
How they compare
Palestine, State of currently reports 23.13 billion constant 2021 international $ against 18.01 billion constant 2021 international $ in Montenegro, a difference of 5.12 billion constant 2021 international $.
That makes Palestine, State of's figure about 1.3 times Montenegro's.
Across all 29 years both countries report, Palestine, State of has been ahead every year.
Montenegro ranks 153rd and Palestine, State of ranks 152nd of 200 countries.
Palestine, State of has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Montenegro | Palestine, State of | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 8.92 billion constant 2021 international $ | 13.15 billion constant 2021 international $ | 4.23 billion constant 2021 international $ | Palestine, State of |
| 2000s | 10.23 billion constant 2021 international $ | 14.85 billion constant 2021 international $ | 4.62 billion constant 2021 international $ | Palestine, State of |
| 2010s | 13.33 billion constant 2021 international $ | 25.82 billion constant 2021 international $ | 12.49 billion constant 2021 international $ | Palestine, State of |
| 2020s | 16.06 billion constant 2021 international $ | 26.16 billion constant 2021 international $ | 10.10 billion constant 2021 international $ | Palestine, State of |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gdp, ppp, Montenegro or Palestine, State of?
- Palestine, State of, at 23.13 billion constant 2021 international $ against 18.01 billion constant 2021 international $ in Montenegro as of 2025.
- What is the difference in gdp, ppp between Montenegro and Palestine, State of?
- 5.12 billion constant 2021 international $, with Palestine, State of ahead.
- How many years of comparable data are there for Montenegro and Palestine, State of?
- 29 years are reported by both, from 1997 to 2025.
- How do Montenegro and Palestine, State of rank globally for gdp, ppp?
- Montenegro ranks 153rd and Palestine, State of ranks 152nd of 200 countries.
- Where does this data come from?
- International Comparison Program (ICP), World Bank (WB), published as GDP, PPP (constant 2021 international $). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
This indicator provides values for gross domestic product (GDP) expressed in constant international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2021. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.