GDP Deflator — Value US$, 2015 prices in Montenegro
Montenegro: GDP Deflator — Value US$, 2015 prices was 151.32 USD in 2024. ▲ Rising
GDP Deflator — Value US$, 2015 prices in Montenegro, 1990–2024
Source: Food and Agriculture Organization of the United Nations. Measured in USD.
Analysis
The most recent figure for gdp deflator — value us$, 2015 prices in Montenegro is 151.32 USD, measured in 2024. That is the highest value across all 35 years on record.
The figure is up 4.1% on the previous year and up 29.2% over ten years.
Over the whole period, gdp deflator — value us$, 2015 prices in Montenegro peaked at 151.32 USD in 2024 and was at its lowest, 33.64 USD, in 1998.
That places Montenegro 20th out of 222 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 35 years of available data.
GDP Deflator — Value US$, 2015 prices in Montenegro, year by year
| Year | USD | Change |
|---|---|---|
| 1990 | 60.09 USD | — |
| 1991 | 55.04 USD | -8.4% |
| 1992 | 60.76 USD | +10.4% |
| 1993 | 52.99 USD | -12.8% |
| 1994 | 53.86 USD | +1.7% |
| 1995 | 67.68 USD | +25.7% |
| 1996 | 38.16 USD | -43.6% |
| 1997 | 34.67 USD | -9.1% |
| 1998 | 33.64 USD | -3.0% |
| 1999 | 35.75 USD | +6.3% |
| 2000 | 37.07 USD | +3.7% |
| 2001 | 43.21 USD | +16.6% |
| 2002 | 47.02 USD | +8.8% |
| 2003 | 60.93 USD | +29.6% |
| 2004 | 70.94 USD | +16.4% |
| 2005 | 74.03 USD | +4.4% |
| 2006 | 81.48 USD | +10.1% |
| 2007 | 103.21 USD | +26.7% |
| 2008 | 119.21 USD | +15.5% |
| 2009 | 115.77 USD | -2.9% |
| 2010 | 111.81 USD | -3.4% |
| 2011 | 118.8 USD | +6.3% |
| 2012 | 109.85 USD | -7.5% |
| 2013 | 115.9 USD | +5.5% |
| 2014 | 117.14 USD | +1.1% |
| 2015 | 100 USD | -14.6% |
| 2016 | 104.85 USD | +4.9% |
| 2017 | 111.11 USD | +6.0% |
| 2018 | 119.89 USD | +7.9% |
| 2019 | 115.95 USD | -3.3% |
| 2020 | 118.1 USD | +1.9% |
| 2021 | 128.07 USD | +8.4% |
| 2022 | 128.11 USD | +0.0% |
| 2023 | 145.42 USD | +13.5% |
| 2024 | 151.32 USD | +4.1% |
Montenegro compared with similar countries
- Montenegro's 151.32 USD is above the median for upper middle income countries, which is 121.31 USD, 1.2× the median. (51 countries reporting)
- Montenegro's 151.32 USD is above the median for Europe & Central Asia, which is 125.65 USD, 1.2× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 49.26 USD | 33.64 USD | 67.68 USD | 10 |
| 2000s | 75.29 USD | 37.07 USD | 119.21 USD | 10 |
| 2010s | 112.53 USD | 100 USD | 119.89 USD | 10 |
| 2020s | 134.2 USD | 118.1 USD | 151.32 USD | 5 |
Countries ranked near Montenegro
More economy & growth data for Montenegro
- Real gdp growth, annual growth rate -14.66 % change on previous year (2025)
- 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)
Frequently asked questions
- What is gdp deflator — value us$, 2015 prices in Montenegro?
- Gdp deflator — value us$, 2015 prices in Montenegro was 151.32 USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gdp deflator — value us$, 2015 prices recorded in Montenegro?
- The highest recorded value was 151.32 USD in 2024.
- What is the lowest gdp deflator — value us$, 2015 prices recorded in Montenegro?
- The lowest recorded value was 33.64 USD in 1998.
- How does Montenegro rank for gdp deflator — value us$, 2015 prices?
- Montenegro ranks 20th out of 222 countries with data for 2024.
- Is gdp deflator — value us$, 2015 prices rising or falling in Montenegro?
- Over the last ten years it is up 29.2%. 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 US$, 2015 prices. Statizoid updates them automatically from the source API.
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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).