Annual growth of general government final consumption expenditure in Montenegro

Montenegro: Annual growth of general government final consumption expenditure was 3.08 in 2023. ◆ Volatile

Latest (2023)
3.08
Change on year
up 109.5%
World rank
58th
of 167 countries
All-time high
10.76
in 2007
All-time low
-1.38
in 2017
Years of data
17
2007–2023

Annual growth of general government final consumption expenditure in Montenegro, 2007–2023

-2.502.557.5102007201520232007: 10.82008: 1.62009: 0.582010: -0.352011: -0.312012: 32013: 1.32014: 1.42015: 1.92016: 0.852017: -1.42018: 6.32019: 0.992020: 0.782021: 0.452022: 1.52023: 3.1

Source: Our World in Data.

Analysis

In 2023, annual growth of general government final consumption expenditure in Montenegro stood at 3.08.

That represents a change of up 109.5% on the previous year and up 133.3% over ten years.

Over the whole period, annual growth of general government final consumption expenditure in Montenegro peaked at 10.76 in 2007 and was at its lowest, -1.38, in 2017.

That places Montenegro 58th out of 167 countries with data for 2023, putting it in the middle of the range.

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

Annual growth of general government final consumption expenditure in Montenegro, year by year

Annual values for Annual growth of general government final consumption expenditure in Montenegro, 2007 to 2023.
Year Value Change
2007 10.76
2008 1.6 -85.1%
2009 0.58 -63.7%
2010 -0.35 -160.3%
2011 -0.31 -11.4%
2012 2.97 -1058.1%
2013 1.32 -55.6%
2014 1.38 +4.5%
2015 1.91 +38.4%
2016 0.85 -55.5%
2017 -1.38 -262.4%
2018 6.3 -556.5%
2019 0.99 -84.3%
2020 0.78 -21.2%
2021 0.45 -42.3%
2022 1.47 +226.7%
2023 3.08 +109.5%

Averages by decade

DecadeAverage LowestHighest Years
2000s 4.31 0.58 10.76 3
2010s 1.37 -1.38 6.3 10
2020s 1.45 0.45 3.08 4

Countries ranked near Montenegro

  1. 55 Mongolia 3.25 compare
  2. 56 El Salvador 3.22 compare
  3. 57 Peru 3.18 compare
  4. 59 Niger 3.01 compare
  5. 60 Indonesia 2.95 compare
  6. 61 Malta 2.94 compare

See the full ranking of 0 places →

More economy & growth data for Montenegro

All data for Montenegro →

Frequently asked questions

What is annual growth of general government final consumption expenditure in Montenegro?
Annual growth of general government final consumption expenditure in Montenegro was 3.08 in 2023, according to Our World in Data.
What is the highest annual growth of general government final consumption expenditure recorded in Montenegro?
The highest recorded value was 10.76 in 2007.
What is the lowest annual growth of general government final consumption expenditure recorded in Montenegro?
The lowest recorded value was -1.38 in 2017.
How does Montenegro rank for annual growth of general government final consumption expenditure?
Montenegro ranks 58th out of 167 countries with data for 2023.
Is annual growth of general government final consumption expenditure rising or falling in Montenegro?
Over the last ten years it is up 133.3%. The long-run trend across the full record is volatile.
Where does this Montenegro data come from?
The figures come from Our World in Data, published as part of Annual growth of general government final consumption expenditure. Statizoid updates them automatically from the source API.

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Annual growth of general government final consumption expenditure in Montenegro. Statizoid, drawing on Our World in Data. Retrieved 04 September 2026, from https://economy.statizoid.com/stat/annual-growth-of-general-government-final-consumption-expenditure/montenegro/

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About this data

Indicator
Annual growth of general government final consumption expenditure
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
0 places, 0 data points, 2000–2023
Last refreshed