Montenegro vs North Macedonia: Terms of trade adjustment (constant LCU), annual growth rate

Montenegro
-7.94 % change on previous year
in 2025
North Macedonia
-8.37 % change on previous year
in 2025
Montenegro rank
114th
North Macedonia rank
116th

Terms of trade adjustment (constant LCU), annual growth rate over time

  • Montenegro
  • North Macedonia
-600-400-2000200400199120082025

How they compare

Montenegro currently reports -7.94 % change on previous year against -8.37 % change on previous year in North Macedonia, a difference of 0.43 % change on previous year.

The two have swapped places 11 times across 18 shared years of data; in 2007 it was North Macedonia ahead.

Montenegro ranks 114th and North Macedonia ranks 116th of 178 countries.

Across the 3 decades both report, Montenegro averaged higher in 2 and North Macedonia in 1.

Head to head by decade

Decade Montenegro North Macedonia Difference Ahead
2000s 12.95 % change on previous year -10.58 % change on previous year 23.53 % change on previous year Montenegro
2010s 91.17 % change on previous year 98.07 % change on previous year 6.89 % change on previous year North Macedonia
2020s 23.73 % change on previous year -2.21 % change on previous year 25.93 % change on previous year Montenegro

Averages of every year both report within each decade.

Frequently asked questions

Which has higher terms of trade adjustment (constant lcu), annual growth rate, Montenegro or North Macedonia?
Montenegro, at -7.94 % change on previous year against -8.37 % change on previous year in North Macedonia as of 2025.
What is the difference in terms of trade adjustment (constant lcu), annual growth rate between Montenegro and North Macedonia?
0.43 % change on previous year, with Montenegro ahead.
How many years of comparable data are there for Montenegro and North Macedonia?
18 years are reported by both, from 2007 to 2025.
How do Montenegro and North Macedonia rank globally for terms of trade adjustment (constant lcu), annual growth rate?
Montenegro ranks 114th and North Macedonia ranks 116th of 178 countries.
Where does this data come from?
Statizoid (derived), published as Terms of trade adjustment (constant LCU), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Montenegro vs North Macedonia: Terms of trade adjustment (constant LCU), annual growth rate. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://economy.statizoid.com/compare/terms-of-trade-adjustment-constant-lcu-annual-growth-rate/montenegro/north-macedonia/

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About this data

Indicator
Terms of trade adjustment (constant LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
178 places, 7,062 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Terms of trade adjustment (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.