GDP in Montenegro
Montenegro: GDP was 7.64 billion in 2024. β Volatile
Latest (2024)
7.64 billion
Change on year
up 8.1%
World rank
71st
of 74 countries
All-time high
7.64 billion
in 2024
All-time low
743.23 million
in 1997
Years of data
28
1997β2024
GDP in Montenegro, 1997β2024
Source: UNICEF.
Analysis
Montenegro recorded 7.64 billion for gdp in 2024. That is the highest value across all 28 years on record.
The figure is up 8.1% on the previous year and up 121.8% over ten years.
Over the whole period, gdp in Montenegro peaked at 7.64 billion in 2024 and was at its lowest, 743.23 million, in 1997.
Montenegro ranks 71st of 74 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 762.15 million | 743.23 million | 777.79 million | 3 |
| 2000s | 1.97 billion | 1.07 billion | 3.10 billion | 10 |
| 2010s | 3.76 billion | 3.12 billion | 4.90 billion | 10 |
| 2020s | 5.95 billion | 4.14 billion | 7.64 billion | 5 |
Countries ranked near Montenegro
- 68 State of Palestine 13.71 billion compare
- 69 Kosovo (UNSCR 1244) 10.35 billion compare
- 70 Monaco 10.28 billion compare
- 72 Liechtenstein 7.40 billion compare
- 73 Andorra 3.73 billion compare
- 74 San Marino 1.87 billion 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)
- Taxes less subsidies on products (current LCU), annual growth rate 14.38 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.1947 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita 2,885 current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.858 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 1.17 (2025)
- Domestic currency per US dollar (End-of-period (EoP)) 0.8511 (2025)
- US dollar per domestic currency (End-of-period (EoP)) 1.18 (2025)
- Gdp worldbank constant usd, annual growth rate 2.74 % change on previous year (2025)
Frequently asked questions
- What is gdp in Montenegro?
- Gdp in Montenegro was 7.64 billion in 2024, according to UNICEF.
- What is the highest gdp recorded in Montenegro?
- The highest recorded value was 7.64 billion in 2024.
- What is the lowest gdp recorded in Montenegro?
- The lowest recorded value was 743.23 million in 1997.
- How does Montenegro rank for gdp?
- Montenegro ranks 71st out of 74 countries with data for 2024.
- Is gdp rising or falling in Montenegro?
- Over the last ten years it is up 121.8%. The long-run trend across the full record is volatile.
- Where does this Montenegro data come from?
- The figures come from UNICEF, published as part of GDP (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 28 observations, free to reuse under UNICEF Terms of Use (attribution required).