Effect of social transfers on income quintile share ratio S80/S20 in Montenegro
Montenegro: Effect of social transfers on income quintile share ratio S80/S20 was 3.1 Ratio in 2023. ▼ Falling
Effect of social transfers on income quintile share ratio S80/S20 in Montenegro, 2013–2023
Source: Eurostat. Measured in Ratio.
Analysis
In 2023, effect of social transfers on income quintile share ratio s80/s20 in Montenegro stood at 3.1 Ratio. That is the lowest value across all 11 years on record.
That represents a change of down 8.8% on the previous year and down 74.6% over ten years.
Over the whole period, effect of social transfers on income quintile share ratio s80/s20 in Montenegro peaked at 12.2 Ratio in 2013 and was at its lowest, 3.1 Ratio, in 2023.
Montenegro ranks 16th of 45 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 11 years of available data.
Effect of social transfers on income quintile share ratio S80/S20 in Montenegro, year by year
| Year | Ratio | Change |
|---|---|---|
| 2013 | 12.2 Ratio | — |
| 2014 | 6.7 Ratio | -45.1% |
| 2015 | 7 Ratio | +4.5% |
| 2016 | 6.4 Ratio | -8.6% |
| 2017 | 8.1 Ratio | +26.6% |
| 2018 | 6.9 Ratio | -14.8% |
| 2019 | 4.5 Ratio | -34.8% |
| 2020 | 3.5 Ratio | -22.2% |
| 2021 | 4.2 Ratio | +20.0% |
| 2022 | 3.4 Ratio | -19.0% |
| 2023 | 3.1 Ratio | -8.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 7.4 Ratio | 4.5 Ratio | 12.2 Ratio | 7 |
| 2020s | 3.55 Ratio | 3.1 Ratio | 4.2 Ratio | 4 |
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)
- Total reserves minus gold (current US$), annual growth rate 26.12 % change on previous year (2025)
- Total reserves minus gold (current US$), per unit of GDP 0.2379 current US$ per US$ of GDP (2025)
- Total reserves minus gold (current US$), per capita 3,525 current US$ per person (2025)
- General government final consumption expenditure (current US$) 10.11 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 0.1741 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$), per 2,579 current US$ per person (2025)
- General government final consumption expenditure (current LCU) 5.47 % change on previous year (2025)
- General government final consumption expenditure (current LCU), per 0.154 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is effect of social transfers on income quintile share ratio s80/s20 in Montenegro?
- Effect of social transfers on income quintile share ratio s80/s20 in Montenegro was 3.1 Ratio in 2023, according to Eurostat.
- What is the highest effect of social transfers on income quintile share ratio s80/s20 recorded in Montenegro?
- The highest recorded value was 12.2 Ratio in 2013.
- What is the lowest effect of social transfers on income quintile share ratio s80/s20 recorded in Montenegro?
- The lowest recorded value was 3.1 Ratio in 2023.
- How does Montenegro rank for effect of social transfers on income quintile share ratio s80/s20?
- Montenegro ranks 16th out of 45 countries with data for 2023.
- Is effect of social transfers on income quintile share ratio s80/s20 rising or falling in Montenegro?
- Over the last ten years it is down 74.6%. The long-run trend across the full record is falling.
- Where does this Montenegro data come from?
- The figures come from Eurostat, published as part of Effect of social transfers on income quintile share ratio S80/S20. Statizoid updates them automatically from the source API.
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