Effect of taxes and social transfers on income quintile share ratio in Montenegro
Montenegro: Effect of taxes and social transfers on income quintile share ratio was 4 Ratio in 2023. ▼ Falling
Effect of taxes and social transfers on income quintile share ratio in Montenegro, 2013–2023
Source: Eurostat. Measured in Ratio.
Analysis
The most recent figure for effect of taxes and social transfers on income quintile share ratio in Montenegro is 4 Ratio, measured in 2023. That is the lowest value across all 11 years on record.
Compared with earlier readings it is down 11.1% on the previous year and down 72.6% over ten years.
Over the whole period, effect of taxes and social transfers on income quintile share ratio in Montenegro peaked at 14.6 Ratio in 2013 and was at its lowest, 4 Ratio, in 2023.
That places Montenegro 17th out of 45 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently falling across the 11 years of available data.
Effect of taxes and social transfers on income quintile share ratio in Montenegro, year by year
| Year | Ratio | Change |
|---|---|---|
| 2013 | 14.6 Ratio | — |
| 2014 | 8.3 Ratio | -43.2% |
| 2015 | 8.9 Ratio | +7.2% |
| 2016 | 8.1 Ratio | -9.0% |
| 2017 | 10 Ratio | +23.5% |
| 2018 | 8.2 Ratio | -18.0% |
| 2019 | 5.7 Ratio | -30.5% |
| 2020 | 4.5 Ratio | -21.1% |
| 2021 | 5.3 Ratio | +17.8% |
| 2022 | 4.5 Ratio | -15.1% |
| 2023 | 4 Ratio | -11.1% |
Montenegro compared with similar countries
- Montenegro's 4 Ratio is above the median for Europe & Central Asia, which is 3.05 Ratio, 1.3× the median. (34 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 9.11 Ratio | 5.7 Ratio | 14.6 Ratio | 7 |
| 2020s | 4.58 Ratio | 4 Ratio | 5.3 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)
- 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 effect of taxes and social transfers on income quintile share ratio in Montenegro?
- Effect of taxes and social transfers on income quintile share ratio in Montenegro was 4 Ratio in 2023, according to Eurostat.
- What is the highest effect of taxes and social transfers on income quintile share ratio recorded in Montenegro?
- The highest recorded value was 14.6 Ratio in 2013.
- What is the lowest effect of taxes and social transfers on income quintile share ratio recorded in Montenegro?
- The lowest recorded value was 4 Ratio in 2023.
- How does Montenegro rank for effect of taxes and social transfers on income quintile share ratio?
- Montenegro ranks 17th out of 45 countries with data for 2023.
- Is effect of taxes and social transfers on income quintile share ratio rising or falling in Montenegro?
- Over the last ten years it is down 72.6%. 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 taxes and social transfers on income quintile share ratio S80/S20. Statizoid updates them automatically from the source API.
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