Adjusted savings: gross savings in Montenegro
Montenegro: Adjusted savings: gross savings was 17.1% in 2021. ◆ Volatile
Adjusted savings: gross savings in Montenegro, 2007–2021
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GNI.
Analysis
In 2021, adjusted savings: gross savings in Montenegro stood at 17.1%.
The figure is up 232.2% on the previous year and up 303.3% over ten years.
Over the whole period, adjusted savings: gross savings in Montenegro peaked at 17.5% in 2019 and was at its lowest, -8.2%, in 2008.
That places Montenegro 123rd out of 178 countries with data for 2021, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: gross savings in Montenegro, year by year
| Year | % of GNI | Change |
|---|---|---|
| 2007 | -4.5% | — |
| 2008 | -8.2% | +79.8% |
| 2009 | -0.8% | -90.7% |
| 2010 | 1.2% | -254.9% |
| 2011 | 4.2% | +260.9% |
| 2012 | 5.0% | +19.0% |
| 2013 | 8.1% | +59.8% |
| 2014 | 7.7% | -4.5% |
| 2015 | 8.9% | +15.9% |
| 2016 | 9.8% | +9.6% |
| 2017 | 13.9% | +41.9% |
| 2018 | 14.7% | +6.1% |
| 2019 | 17.5% | +18.8% |
| 2020 | 5.1% | -70.6% |
| 2021 | 17.1% | +232.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -4.5% | -8.2% | -0.8% | 3 |
| 2010s | 9.1% | 1.2% | 17.5% | 10 |
| 2020s | 11.1% | 5.1% | 17.1% | 2 |
Countries ranked near Montenegro
- 120 Uruguay 17.9% compare
- 121 United States of America 17.9% compare
- 122 Burkina Faso 17.8% compare
- 124 Armenia 17.0% compare
- 125 Zimbabwe 16.8% compare
- 126 Costa Rica 16.8% compare
More economy & growth data for Montenegro
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.15 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3 Percent per annum (2029)
- Gross capital formation (constant 2015 US$), annual growth rate 8.03 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1827 constant 2015 US$ per US$ of GDP (2025)
- Gross capital formation (constant 2015 US$), per capita 2,706 constant 2015 US$ per person (2025)
- Imports of goods and services (current US$), annual growth rate 10.77 % change on previous year (2025)
- Imports of goods and services (current US$), per unit of GDP 0.6571 current US$ per US$ of GDP (2025)
- Imports of goods and services (current US$), per capita 9,736 current US$ per person (2025)
- Imports of goods and services (current LCU), annual growth rate 6.1 % change on previous year (2025)
- Imports of goods and services (current LCU), per unit of GDP 0.5815 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is adjusted savings: gross savings in Montenegro?
- Adjusted savings: gross savings in Montenegro was 17.1% in 2021, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest adjusted savings: gross savings recorded in Montenegro?
- The highest recorded value was 17.5% in 2019.
- What is the lowest adjusted savings: gross savings recorded in Montenegro?
- The lowest recorded value was -8.2% in 2008.
- How does Montenegro rank for adjusted savings: gross savings?
- Montenegro ranks 123rd out of 178 countries with data for 2021.
- Is adjusted savings: gross savings rising or falling in Montenegro?
- Over the last ten years it is up 303.3%. The long-run trend across the full record is volatile.
- Where does this Montenegro data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Adjusted savings: gross savings (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Gross savings are the difference between gross national income and public and private consumption, plus net current transfers. This indicator is expressed as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.