GDP in Montenegro
Montenegro: GDP was 4.66 billion constant LCU in 2025. ▲ Rising
GDP in Montenegro, 1997–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
The most recent figure for gdp in Montenegro is 4.66 billion constant LCU, measured in 2025. That is the highest value across all 29 years on record.
The figure is up 2.7% on the previous year and up 36.4% over ten years.
Over the whole period, gdp in Montenegro peaked at 4.66 billion constant LCU in 2025 and was at its lowest, 2.19 billion constant LCU, in 1999.
Montenegro ranks 191st of 215 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 29 years of available data.
GDP in Montenegro, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1997 | 2.31 billion constant LCU | — |
| 1998 | 2.42 billion constant LCU | +4.9% |
| 1999 | 2.19 billion constant LCU | -9.4% |
| 2000 | 2.26 billion constant LCU | +3.1% |
| 2001 | 2.29 billion constant LCU | +1.1% |
| 2002 | 2.33 billion constant LCU | +1.9% |
| 2003 | 2.39 billion constant LCU | +2.5% |
| 2004 | 2.49 billion constant LCU | +4.4% |
| 2005 | 2.60 billion constant LCU | +4.2% |
| 2006 | 2.82 billion constant LCU | +8.6% |
| 2007 | 3.02 billion constant LCU | +7.1% |
| 2008 | 3.23 billion constant LCU | +6.9% |
| 2009 | 3.04 billion constant LCU | -6.0% |
| 2010 | 3.12 billion constant LCU | +2.8% |
| 2011 | 3.23 billion constant LCU | +3.4% |
| 2012 | 3.15 billion constant LCU | -2.5% |
| 2013 | 3.25 billion constant LCU | +3.4% |
| 2014 | 3.33 billion constant LCU | +2.4% |
| 2015 | 3.41 billion constant LCU | +2.5% |
| 2016 | 3.53 billion constant LCU | +3.4% |
| 2017 | 3.65 billion constant LCU | +3.2% |
| 2018 | 3.82 billion constant LCU | +4.7% |
| 2019 | 3.99 billion constant LCU | +4.4% |
| 2020 | 3.39 billion constant LCU | -15.0% |
| 2021 | 3.83 billion constant LCU | +13.0% |
| 2022 | 4.13 billion constant LCU | +7.7% |
| 2023 | 4.39 billion constant LCU | +6.5% |
| 2024 | 4.53 billion constant LCU | +3.2% |
| 2025 | 4.66 billion constant LCU | +2.7% |
Montenegro compared with similar countries
- Montenegro's 4.66 billion constant LCU is below the median for upper middle income countries, which is 568.48 billion constant LCU, 1% of the median. (59 countries reporting)
- Montenegro's 4.66 billion constant LCU is below the median for Europe & Central Asia, which is 330.26 billion constant LCU, 1% of the median. (56 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.31 billion constant LCU | 2.19 billion constant LCU | 2.42 billion constant LCU | 3 |
| 2000s | 2.65 billion constant LCU | 2.26 billion constant LCU | 3.23 billion constant LCU | 10 |
| 2010s | 3.45 billion constant LCU | 3.12 billion constant LCU | 3.99 billion constant LCU | 10 |
| 2020s | 4.15 billion constant LCU | 3.39 billion constant LCU | 4.66 billion constant LCU | 6 |
Countries ranked near Montenegro
- 188 Antigua and Barbuda 4.93 billion constant LCU compare
- 189 Liechtenstein 4.82 billion constant LCU compare
- 190 Curacao 4.77 billion constant LCU compare
- 192 Isle of Man 4.64 billion constant LCU compare
- 193 Sao Tome and Principe 4.28 billion constant LCU compare
- 194 Liberia 4.19 billion constant LCU 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)
- 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 gdp in Montenegro?
- Gdp in Montenegro was 4.66 billion constant LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp recorded in Montenegro?
- The highest recorded value was 4.66 billion constant LCU in 2025.
- What is the lowest gdp recorded in Montenegro?
- The lowest recorded value was 2.19 billion constant LCU in 1999.
- How does Montenegro rank for gdp?
- Montenegro ranks 191st out of 215 countries with data for 2025.
- Is gdp rising or falling in Montenegro?
- Over the last ten years it is up 36.4%. The long-run trend across the full record is rising.
- Where does this Montenegro data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of GDP (constant LCU). Statizoid updates them automatically from the source API.
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About this data
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.