GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Montenegro
Montenegro: GDP Deflator — Value Standard Local Currency, 2015 prices, annual was 3.96 % change on previous year in 2024. ◆ Volatile
GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Montenegro, 1991–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, gdp deflator — value standard local currency, 2015 prices, annual in Montenegro stood at 3.96 % change on previous year.
Compared with earlier readings it is down 62.5% on the previous year and up 281.9% over ten years.
Over the whole period, gdp deflator — value standard local currency, 2015 prices, annual in Montenegro peaked at 20.2 % change on previous year in 2001 and was at its lowest, -40.81 % change on previous year, in 1996.
Montenegro ranks 94th of 209 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 Deflator — Value Standard Local Currency, 2015 prices, annual in Montenegro, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1991 | -5.93 % change on previous year | — |
| 1992 | 3.88 % change on previous year | -165.4% |
| 1993 | -7.67 % change on previous year | -297.8% |
| 1994 | -0.2234 % change on previous year | -97.1% |
| 1995 | 10.97 % change on previous year | -5012.0% |
| 1996 | -40.81 % change on previous year | -471.9% |
| 1997 | 4.71 % change on previous year | -111.5% |
| 1998 | -1.54 % change on previous year | -132.8% |
| 1999 | 10.83 % change on previous year | -801.4% |
| 2000 | 19.64 % change on previous year | +81.4% |
| 2001 | 20.2 % change on previous year | +2.9% |
| 2002 | 3.08 % change on previous year | -84.8% |
| 2003 | 8.32 % change on previous year | +170.6% |
| 2004 | 5.89 % change on previous year | -29.3% |
| 2005 | 4.33 % change on previous year | -26.4% |
| 2006 | 9.06 % change on previous year | +109.1% |
| 2007 | 16.04 % change on previous year | +77.0% |
| 2008 | 7.63 % change on previous year | -52.4% |
| 2009 | 2.41 % change on previous year | -68.4% |
| 2010 | 1.6 % change on previous year | -33.4% |
| 2011 | 1.2 % change on previous year | -25.0% |
| 2012 | 0.1771 % change on previous year | -85.3% |
| 2013 | 2.07 % change on previous year | +1067.2% |
| 2014 | 1.04 % change on previous year | -49.9% |
| 2015 | 2.22 % change on previous year | +114.2% |
| 2016 | 5.1 % change on previous year | +129.8% |
| 2017 | 3.82 % change on previous year | -25.0% |
| 2018 | 3.23 % change on previous year | -15.6% |
| 2019 | 2.02 % change on previous year | -37.4% |
| 2020 | -0.1758 % change on previous year | -108.7% |
| 2021 | 4.73 % change on previous year | -2788.9% |
| 2022 | 12.36 % change on previous year | +161.4% |
| 2023 | 10.54 % change on previous year | -14.7% |
| 2024 | 3.96 % change on previous year | -62.5% |
Montenegro compared with similar countries
- Montenegro's 3.96 % change on previous year is above the median for upper middle income countries, which is 3.82 % change on previous year, 1.0× the median. (51 countries reporting)
- Montenegro's 3.96 % change on previous year is above the median for Europe & Central Asia, which is 3.37 % change on previous year, 1.2× the median. (48 countries reporting)
Biggest year-on-year movements
Years where GDP Deflator — Value Standard Local Currency, 2015 prices, annual 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 |
|---|---|---|---|
| 1995 | +5012.0% | -0.2234 % change on previous year | 10.97 % change on previous year |
| 2021 | +2788.9% | -0.1758 % change on previous year | 4.73 % change on previous year |
| 2013 | +1067.2% | 0.1771 % change on previous year | 2.07 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -2.86 % change on previous year | -40.81 % change on previous year | 10.97 % change on previous year | 9 |
| 2000s | 9.66 % change on previous year | 2.41 % change on previous year | 20.2 % change on previous year | 10 |
| 2010s | 2.25 % change on previous year | 0.1771 % change on previous year | 5.1 % change on previous year | 10 |
| 2020s | 6.28 % change on previous year | -0.1758 % change on previous year | 12.36 % change on previous year | 5 |
Countries ranked near Montenegro
- 91 United Kingdom of Great Britain and Northern Ireland 4.01 % change on previous year compare
- 92 Afghanistan 3.99 % change on previous year compare
- 93 Czechia 3.98 % change on previous year compare
- 95 Mauritius 3.85 % change on previous year compare
- 96 South Africa 3.84 % change on previous year compare
- 97 China, Hong Kong SAR 3.84 % 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)
- 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 deflator — value standard local currency, 2015 prices, annual in Montenegro?
- Gdp deflator — value standard local currency, 2015 prices, annual in Montenegro was 3.96 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gdp deflator — value standard local currency, 2015 prices, annual recorded in Montenegro?
- The highest recorded value was 20.2 % change on previous year in 2001.
- What is the lowest gdp deflator — value standard local currency, 2015 prices, annual recorded in Montenegro?
- The lowest recorded value was -40.81 % change on previous year in 1996.
- How does Montenegro rank for gdp deflator — value standard local currency, 2015 prices, annual?
- Montenegro ranks 94th out of 209 countries with data for 2024.
- Is gdp deflator — value standard local currency, 2015 prices, annual rising or falling in Montenegro?
- Over the last ten years it is up 281.9%. 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 Deflator — Value Standard Local Currency, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in GDP Deflator — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GDP Deflator — Value Standard Local Currency, 2015 prices Food and Agriculture Organization of the United Nations
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 Deflator — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.