GDP (constant LCU), annual growth rate (GDP Country official) in Montenegro
Montenegro: GDP (constant LCU), annual growth rate (GDP Country official) was 2.74 % change on previous year in 2025. ◆ Volatile
GDP (constant LCU), annual growth rate in Montenegro, 1998–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gdp (constant lcu), annual growth rate in Montenegro is 2.74 % change on previous year, measured in 2025.
That represents a change of down 13.3% on the previous year and up 8.8% over ten years.
Over the whole period, gdp (constant lcu), annual growth rate in Montenegro peaked at 13.05 % change on previous year in 2021 and was at its lowest, -14.99 % change on previous year, in 2020.
Montenegro ranks 125th of 213 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP (constant LCU), annual growth rate (GDP Country official) in Montenegro, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1998 | 4.9 % change on previous year | — |
| 1999 | -9.4 % change on previous year | -291.8% |
| 2000 | 3.1 % change on previous year | -133.0% |
| 2001 | 1.1 % change on previous year | -64.5% |
| 2002 | 1.9 % change on previous year | +73.1% |
| 2003 | 2.48 % change on previous year | +30.4% |
| 2004 | 4.43 % change on previous year | +78.3% |
| 2005 | 4.18 % change on previous year | -5.5% |
| 2006 | 8.57 % change on previous year | +104.9% |
| 2007 | 7.14 % change on previous year | -16.7% |
| 2008 | 6.9 % change on previous year | -3.3% |
| 2009 | -5.99 % change on previous year | -186.9% |
| 2010 | 2.78 % change on previous year | -146.3% |
| 2011 | 3.41 % change on previous year | +22.8% |
| 2012 | -2.49 % change on previous year | -172.9% |
| 2013 | 3.39 % change on previous year | -236.1% |
| 2014 | 2.37 % change on previous year | -30.0% |
| 2015 | 2.52 % change on previous year | +6.4% |
| 2016 | 3.44 % change on previous year | +36.3% |
| 2017 | 3.22 % change on previous year | -6.5% |
| 2018 | 4.73 % change on previous year | +47.1% |
| 2019 | 4.39 % change on previous year | -7.2% |
| 2020 | -14.99 % change on previous year | -441.2% |
| 2021 | 13.05 % change on previous year | -187.0% |
| 2022 | 7.74 % change on previous year | -40.7% |
| 2023 | 6.48 % change on previous year | -16.3% |
| 2024 | 3.16 % change on previous year | -51.2% |
| 2025 | 2.74 % change on previous year | -13.3% |
Montenegro compared with similar countries
- Montenegro's 2.74 % change on previous year is below the median for upper middle income countries, which is 3.15 % change on previous year, 87% of the median. (59 countries reporting)
- Montenegro's 2.74 % change on previous year is above the median for Europe & Central Asia, which is 1.95 % change on previous year, 1.4× the median. (56 countries reporting)
Biggest year-on-year movements
Years where GDP (constant LCU), annual growth rate (GDP Country official) in Montenegro changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2020 | -441.2% | 4.39 % change on previous year | -14.99 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -2.25 % change on previous year | -9.4 % change on previous year | 4.9 % change on previous year | 2 |
| 2000s | 3.38 % change on previous year | -5.99 % change on previous year | 8.57 % change on previous year | 10 |
| 2010s | 2.78 % change on previous year | -2.49 % change on previous year | 4.73 % change on previous year | 10 |
| 2020s | 3.03 % change on previous year | -14.99 % change on previous year | 13.05 % change on previous year | 6 |
Countries ranked near Montenegro
- 122 Spain 2.82 % change on previous year compare
- 123 Tonga 2.8 % change on previous year compare
- 124 Belize 2.75 % change on previous year compare
- 126 Kuwait 2.73 % change on previous year compare
- 127 Barbados 2.7 % change on previous year compare
- 128 Saint Kitts and Nevis 2.69 % change on previous year compare
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)
- SDRs holdings, US dollar, annual growth rate 4.46 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0103 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 151.96 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.5233 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0075 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 110.96 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -21.12 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0068 units per US$ of GDP (2025)
Frequently asked questions
- What is gdp (constant lcu), annual growth rate in Montenegro?
- Gdp (constant lcu), annual growth rate in Montenegro was 2.74 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest gdp (constant lcu), annual growth rate recorded in Montenegro?
- The highest recorded value was 13.05 % change on previous year in 2021.
- What is the lowest gdp (constant lcu), annual growth rate recorded in Montenegro?
- The lowest recorded value was -14.99 % change on previous year in 2020.
- How does Montenegro rank for gdp (constant lcu), annual growth rate?
- Montenegro ranks 125th out of 213 countries with data for 2025.
- Is gdp (constant lcu), annual growth rate rising or falling in Montenegro?
- Over the last ten years it is up 8.8%. The long-run trend across the full record is volatile.
- Where does this Montenegro data come from?
- The figures come from Statizoid (derived), published as part of GDP (constant LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 28 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in GDP (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in GDP (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.