Annual growth of exports of goods and services in Montenegro
Montenegro: Annual growth of exports of goods and services was -4.0% in 2024. ◆ Volatile
Latest (2024)
-4.0%
Change on year
down 143.8%
World rank
157th
of 186 countries
All-time high
79.1%
in 2021
All-time low
-47.2%
in 2020
Years of data
18
2007–2024
Annual growth of exports of goods and services in Montenegro, 2007–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
In 2024, annual growth of exports of goods and services in Montenegro stood at -4.0%.
That represents a change of down 143.8% on the previous year and down 175.5% over ten years.
Over the whole period, annual growth of exports of goods and services in Montenegro peaked at 79.1% in 2021 and was at its lowest, -47.2%, in 2020.
Montenegro ranks 157th of 186 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of exports of goods and services in Montenegro, year by year
| Year | Value | Change |
|---|---|---|
| 2007 | 30.0% | — |
| 2008 | 1.7% | -94.5% |
| 2009 | -12.7% | -863.0% |
| 2010 | 5.5% | -143.8% |
| 2011 | 15.1% | +173.0% |
| 2012 | -3.4% | -122.5% |
| 2013 | 2.4% | -172.0% |
| 2014 | -1.4% | -158.6% |
| 2015 | 6.1% | -527.9% |
| 2016 | 2.0% | -67.3% |
| 2017 | 1.8% | -11.2% |
| 2018 | 6.9% | +287.6% |
| 2019 | 5.8% | -15.9% |
| 2020 | -47.2% | -912.0% |
| 2021 | 79.1% | -267.7% |
| 2022 | 19.3% | -75.6% |
| 2023 | 9.0% | -53.3% |
| 2024 | -4.0% | -143.7% |
Montenegro compared with similar countries
- Montenegro's -4.0% is below the median for upper middle income countries, which is 3.1%. (46 countries reporting)
- Montenegro's -4.0% is below the median for Europe & Central Asia, which is 1.2%. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6.3% | -12.7% | 30.0% | 3 |
| 2010s | 4.1% | -3.4% | 15.1% | 10 |
| 2020s | 11.3% | -47.2% | 79.1% | 5 |
Countries ranked near Montenegro
- 154 Romania -2.5% compare
- 155 South Africa -2.8% compare
- 156 Mozambique -3.4% compare
- 158 North Macedonia -4.0% compare
- 159 Burkina Faso -4.2% compare
- 160 Honduras -4.8% 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 75.12 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0081 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 120.56 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 676.19 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 12.81 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0732 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,085 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 26.12 % change on previous year (2025)
Frequently asked questions
- What is annual growth of exports of goods and services in Montenegro?
- Annual growth of exports of goods and services in Montenegro was -4.0% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of exports of goods and services recorded in Montenegro?
- The highest recorded value was 79.1% in 2021.
- What is the lowest annual growth of exports of goods and services recorded in Montenegro?
- The lowest recorded value was -47.2% in 2020.
- How does Montenegro rank for annual growth of exports of goods and services?
- Montenegro ranks 157th out of 186 countries with data for 2024.
- Is annual growth of exports of goods and services rising or falling in Montenegro?
- Over the last ten years it is down 175.5%. The long-run trend across the full record is volatile.
- Where does this Montenegro data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth of exports of goods and services (%). Statizoid updates them automatically from the source API.
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