Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP in Montenegro
Montenegro: Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP was 3.15 Percent per annum in 2029. ◆ Volatile
Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP in Montenegro, 2001–2029
Source: Organisation for Economic Co-operation and Development. Measured in Percent per annum.
Analysis
Montenegro recorded 3.15 Percent per annum for africa's development dynamics (afdd) table 04 - annual real gdp in 2029.
That represents a change of up 0.5% on the previous year and down 25.8% over ten years.
Over the whole period, africa's development dynamics (afdd) table 04 - annual real gdp in Montenegro peaked at 13.26 Percent per annum in 2021 and was at its lowest, -15.13 Percent per annum, in 2020.
Montenegro ranks 44th of 166 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP in Montenegro, year by year
| Year | Percent per annum | Change |
|---|---|---|
| 2001 | 1.14 Percent per annum | — |
| 2002 | 1.95 Percent per annum | +71.1% |
| 2003 | 2.56 Percent per annum | +31.2% |
| 2004 | 4.37 Percent per annum | +70.5% |
| 2005 | 4.15 Percent per annum | -5.1% |
| 2006 | 8.66 Percent per annum | +108.8% |
| 2007 | 6.91 Percent per annum | -20.2% |
| 2008 | 7.28 Percent per annum | +5.4% |
| 2009 | -5.76 Percent per annum | -179.1% |
| 2010 | 2.72 Percent per annum | -147.3% |
| 2011 | 3.08 Percent per annum | +13.1% |
| 2012 | -2.92 Percent per annum | -194.8% |
| 2013 | 3.4 Percent per annum | -216.6% |
| 2014 | 1.73 Percent per annum | -49.2% |
| 2015 | 3.44 Percent per annum | +99.3% |
| 2016 | 3.06 Percent per annum | -11.0% |
| 2017 | 4.85 Percent per annum | +58.4% |
| 2018 | 5.24 Percent per annum | +8.0% |
| 2019 | 4.24 Percent per annum | -19.1% |
| 2020 | -15.13 Percent per annum | -456.9% |
| 2021 | 13.26 Percent per annum | -187.7% |
| 2022 | 6.54 Percent per annum | -50.7% |
| 2023 | 6.1 Percent per annum | -6.7% |
| 2024 | 3.81 Percent per annum | -37.6% |
| 2025 | 3.08 Percent per annum | -19.1% |
| 2026 | 3.1 Percent per annum | +0.6% |
| 2027 | 3.11 Percent per annum | +0.6% |
| 2028 | 3.13 Percent per annum | +0.5% |
| 2029 | 3.15 Percent per annum | +0.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.47 Percent per annum | -5.76 Percent per annum | 8.66 Percent per annum | 9 |
| 2010s | 2.89 Percent per annum | -2.92 Percent per annum | 5.24 Percent per annum | 10 |
| 2020s | 3.01 Percent per annum | -15.13 Percent per annum | 13.26 Percent per annum | 10 |
Countries ranked near Montenegro
- 41 Netherlands 1.39 Percent per annum compare
- 41 Togo 3.25 Percent per annum compare
- 42 Ghana 3.15 Percent per annum compare
- 43 Democratic Republic of the Congo 0.8929 Percent per annum compare
- 43 Seychelles 3.15 Percent per annum compare
- 45 Pakistan 3.11 Percent per annum compare
- 46 Malaysia 3.04 Percent per annum compare
- 47 Thailand 2.97 Percent per annum compare
More economy & growth data for Montenegro
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3 Percent per annum (2029)
- Imports of goods and services (constant 2015 US$), annual growth rate 2.51 % change on previous year (2025)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.5032 constant 2015 US$ per US$ of GDP (2025)
- Imports of goods and services (constant 2015 US$), per capita 7,456 constant 2015 US$ per person (2025)
- External balance on goods and services (current US$), annual growth -27.48 % change on previous year (2025)
- External balance on goods and services (current LCU), annual growth -22.11 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual 3.01 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.0298 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 441.48 current LCU per person (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) -0.9386 % change on previous year (2025)
Frequently asked questions
- What is africa's development dynamics (afdd) table 04 - annual real gdp in Montenegro?
- Africa's development dynamics (afdd) table 04 - annual real gdp in Montenegro was 3.15 Percent per annum in 2029, according to Organisation for Economic Co-operation and Development.
- What is the highest africa's development dynamics (afdd) table 04 - annual real gdp recorded in Montenegro?
- The highest recorded value was 13.26 Percent per annum in 2021.
- What is the lowest africa's development dynamics (afdd) table 04 - annual real gdp recorded in Montenegro?
- The lowest recorded value was -15.13 Percent per annum in 2020.
- How does Montenegro rank for africa's development dynamics (afdd) table 04 - annual real gdp?
- Montenegro ranks 44th out of 166 countries with data for 2029.
- Is africa's development dynamics (afdd) table 04 - annual real gdp rising or falling in Montenegro?
- Over the last ten years it is down 25.8%. The long-run trend across the full record is volatile.
- Where does this Montenegro data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP growth per capita — Growth rate of real gross domestic product per capita. Statizoid updates them automatically from the source API.
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About this data
The Statistical Annex to the annual Africa's Development Dynamics (AFDD) report is a collection of development indicators that were gathered and analysed while conducting the research that went into the report. These data are also available online for free viewing or download at https://oe.cd/AFDD-2024, a bilingual website which links to the electronic version of the Africa's Development Dynamics book in both English and French. Table 4 shows the full time series of annual real GDP growth per capta, up to present, and including projected real GDP growth rates over the next five years calculated using the real GDP growth and population growth figures reported in the AfDD Statistical Annex.