Latvia vs Montenegro: Gross domestic product (GDP), Constant prices, Domestic currency

Latvia
37.02 billion
in 2031
Montenegro
4.25 billion
in 2031
Latvia rank
23rd
Montenegro rank
26th

Gross domestic product (GDP), Constant prices, Domestic currency over time

  • Latvia
  • Montenegro
010.0B20.0B30.0B40.0B199220112031

How they compare

Latvia currently reports 37.02 billion against 4.25 billion in Montenegro, a difference of 32.78 billion.

That makes Latvia's figure about 8.7 times Montenegro's.

Across all 32 years both countries report, Latvia has been ahead every year.

Latvia ranks 23rd and Montenegro ranks 26th of 26 countries.

Latvia has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Latvia Montenegro Difference Ahead
2000s 22.04 billion 2.03 billion 20.01 billion Latvia
2010s 26.74 billion 2.64 billion 24.10 billion Latvia
2020s 32.41 billion 3.44 billion 28.97 billion Latvia
2030s 36.60 billion 4.19 billion 32.41 billion Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross domestic product (gdp), constant prices, domestic currency, Latvia or Montenegro?
Latvia, at 37.02 billion against 4.25 billion in Montenegro as of 2031.
What is the difference in gross domestic product (gdp), constant prices, domestic currency between Latvia and Montenegro?
32.78 billion, with Latvia ahead.
How many years of comparable data are there for Latvia and Montenegro?
32 years are reported by both, from 2000 to 2031.
How do Latvia and Montenegro rank globally for gross domestic product (gdp), constant prices, domestic currency?
Latvia ranks 23rd and Montenegro ranks 26th of 26 countries.
Where does this data come from?
International Monetary Fund, published as Gross domestic product (GDP), Constant prices, Domestic currency (9/26/2025). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Latvia vs Montenegro: Gross domestic product (GDP), Constant prices, Domestic currency. Statizoid, drawing on International Monetary Fund. Retrieved 16 September 2026, from https://economy.statizoid.com/compare/gross-domestic-product-gdp-constant-prices-domestic-currency-9-26-2025/latvia/montenegro/

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About this data

Indicator
Gross domestic product (GDP), Constant prices, Domestic currency (9/26/2025)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
26 places, 1,277 data points, 1980–2031
Last refreshed

The World Economic Outlook (WEO) database is created during the biannual WEO exercise, which begins in January and June of each year and results in the April and September/October WEO publication. Selected series from the publication are available in a database format.