Adjusted net national income in Montenegro

Montenegro: Adjusted net national income was 15.7% in 2021. ◆ Volatile

Latest (2021)
15.7%
Change on year
up 195.9%
World rank
9th
of 154 countries
All-time high
15.7%
in 2021
All-time low
-16.3%
in 2020
Years of data
15
2007–2021

Adjusted net national income in Montenegro, 2007–2021

-20-10010202007201420212007: 12.1 annual % growth2008: 6.9 annual % growth2009: -5.8 annual % growth2010: 3.5 annual % growth2011: 4.7 annual % growth2012: -3.9 annual % growth2013: 5.7 annual % growth2014: 1.8 annual % growth2015: 6.6 annual % growth2016: 4.5 annual % growth2017: 9.3 annual % growth2018: 4.6 annual % growth2019: 4.9 annual % growth2020: -16.3 annual % growth2021: 15.7 annual % growth

Source: Staff estimates, World Bank (WB). Measured in annual % growth.

Analysis

Montenegro recorded 15.7% for adjusted net national income in 2021. That is the highest value across all 15 years on record.

That represents a change of up 195.9% on the previous year and up 234.8% over ten years.

Over the whole period, adjusted net national income in Montenegro peaked at 15.7% in 2021 and was at its lowest, -16.3%, in 2020.

That places Montenegro 9th out of 154 countries with data for 2021, putting it in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Adjusted net national income in Montenegro, year by year

Annual values for Adjusted net national income (annual % growth) in Montenegro, 2007 to 2021.
Year annual % growth Change
2007 12.1%
2008 6.9% -43.0%
2009 -5.8% -184.7%
2010 3.5% -159.6%
2011 4.7% +34.3%
2012 -3.9% -182.4%
2013 5.7% -246.7%
2014 1.8% -67.8%
2015 6.6% +260.8%
2016 4.5% -31.7%
2017 9.3% +107.0%
2018 4.6% -50.3%
2019 4.9% +6.5%
2020 -16.3% -432.1%
2021 15.7% -195.9%

Averages by decade

DecadeAverage LowestHighest Years
2000s 4.4% -5.8% 12.1% 3
2010s 4.2% -3.9% 9.3% 10
2020s -0.3% -16.3% 15.7% 2

Countries ranked near Montenegro

  1. 6 Iraq 21.3% compare
  2. 7 Ireland 17.2% compare
  3. 8 Equatorial Guinea 15.9% compare
  4. 10 Norway 15.7% compare
  5. 11 Iran, Islamic Republic of 14.6% compare
  6. 12 Bahamas 13.7% compare

See the full ranking of 190 places →

More economy & growth data for Montenegro

All data for Montenegro →

Frequently asked questions

What is adjusted net national income in Montenegro?
Adjusted net national income in Montenegro was 15.7% in 2021, according to Staff estimates, World Bank (WB).
What is the highest adjusted net national income recorded in Montenegro?
The highest recorded value was 15.7% in 2021.
What is the lowest adjusted net national income recorded in Montenegro?
The lowest recorded value was -16.3% in 2020.
How does Montenegro rank for adjusted net national income?
Montenegro ranks 9th out of 154 countries with data for 2021.
Is adjusted net national income rising or falling in Montenegro?
Over the last ten years it is up 234.8%. The long-run trend across the full record is volatile.
Where does this Montenegro data come from?
The figures come from Staff estimates, World Bank (WB), published as part of Adjusted net national income (annual % growth). Statizoid updates them automatically from the source API.

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Adjusted net national income in Montenegro. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 02 September 2026, from https://economy.statizoid.com/stat/adjusted-net-national-income-annual-percent-growth/montenegro/

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About this data

Indicator
Adjusted net national income (annual % growth)
Unit
annual % growth
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
190 places, 6,330 data points, 1971–2021
Last refreshed

Adjusted net national income is GNI minus consumption of fixed capital and natural resources depletion. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.