Gross domestic product (GDP) in Montenegro
Montenegro: Gross domestic product (GDP) was 12.77 billion international-$ in 2011 prices in 2022. ◆ Volatile
Gross domestic product (GDP) in Montenegro, 1952–2022
Source: Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data. Measured in international-$ in 2011 prices.
Analysis
The most recent figure for gross domestic product (gdp) in Montenegro is 12.77 billion international-$ in 2011 prices, measured in 2022. That is the highest value across all 71 years on record.
Compared with earlier readings it is up 6.4% on the previous year and up 33.2% over ten years.
Over the whole period, gross domestic product (gdp) in Montenegro peaked at 12.77 billion international-$ in 2011 prices in 2022 and was at its lowest, 658.54 million international-$ in 2011 prices, in 1953.
Montenegro ranks 149th of 165 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 |
|---|---|---|---|---|
| 1950s | 834.91 million international-$ in 2011 prices | 658.54 million international-$ in 2011 prices | 1.00 billion international-$ in 2011 prices | 8 |
| 1960s | 1.75 billion international-$ in 2011 prices | 1.13 billion international-$ in 2011 prices | 2.32 billion international-$ in 2011 prices | 10 |
| 1970s | 3.07 billion international-$ in 2011 prices | 2.50 billion international-$ in 2011 prices | 3.72 billion international-$ in 2011 prices | 10 |
| 1980s | 4.34 billion international-$ in 2011 prices | 4.19 billion international-$ in 2011 prices | 4.53 billion international-$ in 2011 prices | 10 |
| 1990s | 2.91 billion international-$ in 2011 prices | 1.86 billion international-$ in 2011 prices | 3.85 billion international-$ in 2011 prices | 10 |
| 2000s | 5.80 billion international-$ in 2011 prices | 3.77 billion international-$ in 2011 prices | 8.41 billion international-$ in 2011 prices | 10 |
| 2010s | 10.64 billion international-$ in 2011 prices | 9.03 billion international-$ in 2011 prices | 12.54 billion international-$ in 2011 prices | 10 |
| 2020s | 11.80 billion international-$ in 2011 prices | 10.62 billion international-$ in 2011 prices | 12.77 billion international-$ in 2011 prices | 3 |
Countries ranked near Montenegro
- 146 Iceland 16.02 billion international-$ in 2011 prices compare
- 147 Mauritania 15.67 billion international-$ in 2011 prices compare
- 148 Togo 14.27 billion international-$ in 2011 prices compare
- 150 Sierra Leone 11.68 billion international-$ in 2011 prices compare
- 151 Eswatini 9.59 billion international-$ in 2011 prices compare
- 152 Burundi 9.18 billion international-$ in 2011 prices compare
More economy & growth data for Montenegro
- External balance on goods and services as a percent of GDP -25.6% (2025)
- Inflation of consumer prices 3.9% (2025)
- GDP per capita 8,780 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 3.3% (2024)
- Gross domestic product (GDP) 5.47 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 8,780 constant 2015 US$ (2025)
- DEC alternative conversion factor 0.885 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 407.70 million current LCU (2025)
- Net secondary income (Net current transfers from abroad) 460.69 million current US$ (2025)
- Taxes less subsidies on products 1.80 billion current LCU (2025)
Frequently asked questions
- What is gross domestic product (gdp) in Montenegro?
- Gross domestic product (gdp) in Montenegro was 12.77 billion international-$ in 2011 prices in 2022, according to Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Montenegro?
- The highest recorded value was 12.77 billion international-$ in 2011 prices in 2022.
- What is the lowest gross domestic product (gdp) recorded in Montenegro?
- The lowest recorded value was 658.54 million international-$ in 2011 prices in 1953.
- How does Montenegro rank for gross domestic product (gdp)?
- Montenegro ranks 149th out of 165 countries with data for 2022.
- Is gross domestic product (gdp) rising or falling in Montenegro?
- Over the last ten years it is up 33.2%. The long-run trend across the full record is volatile.
- Where does this Montenegro data come from?
- The figures come from Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
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About this data
Total economic output of a country or region per year. This data is adjusted for inflation and differences in living costs between countries.