Divergence of GDP per capita among latecomers to the capitalist revolution in Montenegro
Montenegro: Divergence of GDP per capita among latecomers to the capitalist revolution was 19,504 2011$ in 2018. ◆ Volatile
Latest (2018)
19,504 2011$
Change on year
up 5.0%
World rank
54th
of 145 countries
All-time high
19,504 2011$
in 2018
All-time low
1,570 2011$
in 1953
Years of data
67
1952–2018
Divergence of GDP per capita among latecomers to the capitalist revolution in Montenegro, 1952–2018
Source: Maddison Project Database (2018) – processed by Our World in Data. Measured in 2011$.
Analysis
The most recent figure for divergence of gdp per capita among latecomers to the capitalist revolution in Montenegro is 19,504 2011$, measured in 2018. That is the highest value across all 67 years on record.
That represents a change of up 5.0% on the previous year and up 43.9% over ten years.
Over the whole period, divergence of gdp per capita among latecomers to the capitalist revolution in Montenegro peaked at 19,504 2011$ in 2018 and was at its lowest, 1,570 2011$, in 1953.
That places Montenegro 54th out of 145 countries with data for 2018, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Divergence of GDP per capita among latecomers to the capitalist revolution in Montenegro, year by year
| Year | 2011$ | Change |
|---|---|---|
| 1952 | 1,784 2011$ | — |
| 1953 | 1,570 2011$ | -12.0% |
| 1954 | 1,581 2011$ | +0.7% |
| 1955 | 2,099 2011$ | +32.8% |
| 1956 | 1,906 2011$ | -9.2% |
| 1957 | 2,125 2011$ | +11.5% |
| 1958 | 2,072 2011$ | -2.5% |
| 1959 | 2,200 2011$ | +6.2% |
| 1960 | 2,439 2011$ | +10.9% |
| 1961 | 2,922 2011$ | +19.8% |
| 1962 | 2,847 2011$ | -2.6% |
| 1963 | 3,217 2011$ | +13.0% |
| 1964 | 3,732 2011$ | +16.0% |
| 1965 | 3,802 2011$ | +1.9% |
| 1966 | 3,948 2011$ | +3.8% |
| 1967 | 3,995 2011$ | +1.2% |
| 1968 | 4,160 2011$ | +4.1% |
| 1969 | 4,546 2011$ | +9.3% |
| 1970 | 4,857 2011$ | +6.8% |
| 1971 | 4,994 2011$ | +2.8% |
| 1972 | 5,206 2011$ | +4.2% |
| 1973 | 5,137 2011$ | -1.3% |
| 1974 | 5,394 2011$ | +5.0% |
| 1975 | 5,512 2011$ | +2.2% |
| 1976 | 5,740 2011$ | +4.1% |
| 1977 | 6,298 2011$ | +9.7% |
| 1978 | 6,583 2011$ | +4.5% |
| 1979 | 6,523 2011$ | -0.9% |
| 1980 | 7,992 2011$ | +22.5% |
| 1981 | 7,635 2011$ | -4.5% |
| 1982 | 7,790 2011$ | +2.0% |
| 1983 | 7,610 2011$ | -2.3% |
| 1984 | 7,828 2011$ | +2.9% |
| 1985 | 7,804 2011$ | -0.3% |
| 1986 | 8,021 2011$ | +2.8% |
| 1987 | 7,592 2011$ | -5.3% |
| 1988 | 7,299 2011$ | -3.9% |
| 1989 | 7,278 2011$ | -0.3% |
| 1990 | 6,605 2011$ | -9.2% |
| 1991 | 6,068 2011$ | -8.1% |
| 1992 | 4,605 2011$ | -24.1% |
| 1993 | 2,982 2011$ | -35.3% |
| 1994 | 3,074 2011$ | +3.1% |
| 1995 | 3,571 2011$ | +16.2% |
| 1996 | 4,663 2011$ | +30.6% |
| 1997 | 5,122 2011$ | +9.8% |
| 1998 | 5,522 2011$ | +7.8% |
| 1999 | 5,143 2011$ | -6.9% |
| 2000 | 6,046 2011$ | +17.6% |
| 2001 | 6,430 2011$ | +6.3% |
| 2002 | 6,898 2011$ | +7.3% |
| 2003 | 7,445 2011$ | +7.9% |
| 2004 | 8,194 2011$ | +10.1% |
| 2005 | 9,002 2011$ | +9.9% |
| 2006 | 10,308 2011$ | +14.5% |
| 2007 | 12,027 2011$ | +16.7% |
| 2008 | 13,550 2011$ | +12.7% |
| 2009 | 13,460 2011$ | -0.7% |
| 2010 | 14,510 2011$ | +7.8% |
| 2011 | 15,747 2011$ | +8.5% |
| 2012 | 15,421 2011$ | -2.1% |
| 2013 | 16,064 2011$ | +4.2% |
| 2014 | 16,437 2011$ | +2.3% |
| 2015 | 17,249 2011$ | +4.9% |
| 2016 | 17,741 2011$ | +2.9% |
| 2017 | 18,569 2011$ | +4.7% |
| 2018 | 19,504 2011$ | +5.0% |
Montenegro compared with similar countries
- Montenegro's 19,504 2011$ is above the median for upper middle income countries, which is 13,242 2011$, 1.5× the median. (42 countries reporting)
- Montenegro's 19,504 2011$ is below the median for Europe & Central Asia, which is 27,056 2011$, 72% of the median. (44 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 1,917 2011$ | 1,570 2011$ | 2,200 2011$ | 8 |
| 1960s | 3,561 2011$ | 2,439 2011$ | 4,546 2011$ | 10 |
| 1970s | 5,624 2011$ | 4,857 2011$ | 6,583 2011$ | 10 |
| 1980s | 7,685 2011$ | 7,278 2011$ | 8,021 2011$ | 10 |
| 1990s | 4,736 2011$ | 2,982 2011$ | 6,605 2011$ | 10 |
| 2000s | 9,336 2011$ | 6,046 2011$ | 13,550 2011$ | 10 |
| 2010s | 16,805 2011$ | 14,510 2011$ | 19,504 2011$ | 9 |
Countries ranked near Montenegro
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$), annual growth rate 26.12 % change on previous year (2025)
Frequently asked questions
- What is divergence of gdp per capita among latecomers to the capitalist revolution in Montenegro?
- Divergence of gdp per capita among latecomers to the capitalist revolution in Montenegro was 19,504 2011$ in 2018, according to Maddison Project Database (2018) – processed by Our World in Data.
- What is the highest divergence of gdp per capita among latecomers to the capitalist revolution recorded in Montenegro?
- The highest recorded value was 19,504 2011$ in 2018.
- What is the lowest divergence of gdp per capita among latecomers to the capitalist revolution recorded in Montenegro?
- The lowest recorded value was 1,570 2011$ in 1953.
- How does Montenegro rank for divergence of gdp per capita among latecomers to the capitalist revolution?
- Montenegro ranks 54th out of 145 countries with data for 2018.
- Is divergence of gdp per capita among latecomers to the capitalist revolution rising or falling in Montenegro?
- Over the last ten years it is up 43.9%. The long-run trend across the full record is volatile.
- Where does this Montenegro data come from?
- The figures come from Maddison Project Database (2018) – processed by Our World in Data, published as part of Divergence of GDP per capita among latecomers to the capitalist revolution. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 67 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Unit 1 'The capitalist revolution: prosperity, inequality, and planetary limits’ in The CORE Team, The Economy 2.0 Microeconomics. Available at: https://tinyco.re/4329598 [Figure 1.19]