Effect of taxes on income quintile share ratio S80/S20 in Montenegro
Montenegro: Effect of taxes on income quintile share ratio S80/S20 was 1.4 Ratio in 2023. ▼ Falling
Effect of taxes on income quintile share ratio S80/S20 in Montenegro, 2013–2023
Source: Eurostat. Measured in Ratio.
Analysis
The most recent figure for effect of taxes on income quintile share ratio s80/s20 in Montenegro is 1.4 Ratio, measured in 2023.
Compared with earlier readings it is down 30.0% on the previous year and down 69.6% over ten years.
Over the whole period, effect of taxes on income quintile share ratio s80/s20 in Montenegro peaked at 4.6 Ratio in 2013 and was at its lowest, 1.3 Ratio, in 2020.
That places Montenegro 16th 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 on income quintile share ratio S80/S20 in Montenegro, year by year
| Year | Ratio | Change |
|---|---|---|
| 2013 | 4.6 Ratio | — |
| 2014 | 2.7 Ratio | -41.3% |
| 2015 | 3 Ratio | +11.1% |
| 2016 | 2.7 Ratio | -10.0% |
| 2017 | 2.8 Ratio | +3.7% |
| 2018 | 2.1 Ratio | -25.0% |
| 2019 | 1.6 Ratio | -23.8% |
| 2020 | 1.3 Ratio | -18.8% |
| 2021 | 1.8 Ratio | +38.5% |
| 2022 | 2 Ratio | +11.1% |
| 2023 | 1.4 Ratio | -30.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 2.79 Ratio | 1.6 Ratio | 4.6 Ratio | 7 |
| 2020s | 1.62 Ratio | 1.3 Ratio | 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)
- 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 on income quintile share ratio s80/s20 in Montenegro?
- Effect of taxes on income quintile share ratio s80/s20 in Montenegro was 1.4 Ratio in 2023, according to Eurostat.
- What is the highest effect of taxes on income quintile share ratio s80/s20 recorded in Montenegro?
- The highest recorded value was 4.6 Ratio in 2013.
- What is the lowest effect of taxes on income quintile share ratio s80/s20 recorded in Montenegro?
- The lowest recorded value was 1.3 Ratio in 2020.
- How does Montenegro rank for effect of taxes on income quintile share ratio s80/s20?
- Montenegro ranks 16th out of 45 countries with data for 2023.
- Is effect of taxes on income quintile share ratio s80/s20 rising or falling in Montenegro?
- Over the last ten years it is down 69.6%. 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 on income quintile share ratio S80/S20. Statizoid updates them automatically from the source API.
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