GDP Deflator — Value Standard Local Currency, 2015 prices in Montenegro
Montenegro: GDP Deflator — Value Standard Local Currency, 2015 prices was 155.12 SLC in 2024. ▲ Rising
GDP Deflator — Value Standard Local Currency, 2015 prices in Montenegro, 1990–2024
Source: Food and Agriculture Organization of the United Nations. Measured in SLC.
Analysis
The most recent figure for gdp deflator — value standard local currency, 2015 prices in Montenegro is 155.12 SLC, measured in 2024. That is the highest value across all 35 years on record.
That represents a change of up 4.0% on the previous year and up 58.6% over ten years.
Over the whole period, gdp deflator — value standard local currency, 2015 prices in Montenegro peaked at 155.12 SLC in 2024 and was at its lowest, 32.57 SLC, in 1996.
That places Montenegro 67th out of 209 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 35 years of available data.
GDP Deflator — Value Standard Local Currency, 2015 prices in Montenegro, year by year
| Year | SLC | Change |
|---|---|---|
| 1990 | 55.08 SLC | — |
| 1991 | 51.82 SLC | -5.9% |
| 1992 | 53.82 SLC | +3.9% |
| 1993 | 49.7 SLC | -7.7% |
| 1994 | 49.59 SLC | -0.2% |
| 1995 | 55.03 SLC | +11.0% |
| 1996 | 32.57 SLC | -40.8% |
| 1997 | 34.11 SLC | +4.7% |
| 1998 | 33.58 SLC | -1.5% |
| 1999 | 37.22 SLC | +10.8% |
| 2000 | 44.53 SLC | +19.6% |
| 2001 | 53.52 SLC | +20.2% |
| 2002 | 55.17 SLC | +3.1% |
| 2003 | 59.76 SLC | +8.3% |
| 2004 | 63.28 SLC | +5.9% |
| 2005 | 66.02 SLC | +4.3% |
| 2006 | 72 SLC | +9.1% |
| 2007 | 83.55 SLC | +16.0% |
| 2008 | 89.93 SLC | +7.6% |
| 2009 | 92.09 SLC | +2.4% |
| 2010 | 93.57 SLC | +1.6% |
| 2011 | 94.7 SLC | +1.2% |
| 2012 | 94.86 SLC | +0.2% |
| 2013 | 96.83 SLC | +2.1% |
| 2014 | 97.83 SLC | +1.0% |
| 2015 | 100 SLC | +2.2% |
| 2016 | 105.1 SLC | +5.1% |
| 2017 | 109.12 SLC | +3.8% |
| 2018 | 112.64 SLC | +3.2% |
| 2019 | 114.92 SLC | +2.0% |
| 2020 | 114.72 SLC | -0.2% |
| 2021 | 120.14 SLC | +4.7% |
| 2022 | 134.98 SLC | +12.4% |
| 2023 | 149.21 SLC | +10.5% |
| 2024 | 155.12 SLC | +4.0% |
Montenegro compared with similar countries
- Montenegro's 155.12 SLC is above the median for upper middle income countries, which is 140.19 SLC, 1.1× the median. (51 countries reporting)
- Montenegro's 155.12 SLC is above the median for Europe & Central Asia, which is 134.77 SLC, 1.2× the median. (48 countries reporting)
Biggest year-on-year movements
Years where GDP Deflator — Value Standard Local Currency, 2015 prices 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 |
|---|---|---|---|
| 1996 | -40.8% | 55.03 SLC | 32.57 SLC |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 45.25 SLC | 32.57 SLC | 55.08 SLC | 10 |
| 2000s | 67.99 SLC | 44.53 SLC | 92.09 SLC | 10 |
| 2010s | 101.96 SLC | 93.57 SLC | 114.92 SLC | 10 |
| 2020s | 134.83 SLC | 114.72 SLC | 155.12 SLC | 5 |
Countries ranked near Montenegro
- 64 Dominican Republic 157.3 SLC compare
- 65 South Africa 156.43 SLC compare
- 66 Namibia 155.42 SLC compare
- 68 Nicaragua 154.79 SLC compare
- 69 Tajikistan 154.65 SLC compare
- 70 Serbia 153.94 SLC 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 deflator — value standard local currency, 2015 prices in Montenegro?
- Gdp deflator — value standard local currency, 2015 prices in Montenegro was 155.12 SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gdp deflator — value standard local currency, 2015 prices recorded in Montenegro?
- The highest recorded value was 155.12 SLC in 2024.
- What is the lowest gdp deflator — value standard local currency, 2015 prices recorded in Montenegro?
- The lowest recorded value was 32.57 SLC in 1996.
- How does Montenegro rank for gdp deflator — value standard local currency, 2015 prices?
- Montenegro ranks 67th out of 209 countries with data for 2024.
- Is gdp deflator — value standard local currency, 2015 prices rising or falling in Montenegro?
- Over the last ten years it is up 58.6%. The long-run trend across the full record is rising.
- Where does this Montenegro data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of GDP Deflator — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).