Gross domestic product (GDP) in Montenegro
Montenegro: Gross domestic product (GDP) was 12.77 billion international-$ in 2011 prices in 2022. ◆ Volatile
Latest (2022)
12.77 billion international-$ in 2011 prices
Change on year
up 6.4%
World rank
150th
of 166 countries
All-time high
12.77 billion international-$ in 2011 prices
in 2022
All-time low
658.54 million international-$ in 2011 prices
in 1953
Years of data
71
1952–2022
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 150th of 166 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP) in Montenegro, year by year
| Year | international-$ in 2011 prices | Change |
|---|---|---|
| 1952 | 738.28 million international-$ in 2011 prices | — |
| 1953 | 658.54 million international-$ in 2011 prices | -10.8% |
| 1954 | 672.03 million international-$ in 2011 prices | +2.0% |
| 1955 | 906.05 million international-$ in 2011 prices | +34.8% |
| 1956 | 833.40 million international-$ in 2011 prices | -8.0% |
| 1957 | 941.01 million international-$ in 2011 prices | +12.9% |
| 1958 | 929.08 million international-$ in 2011 prices | -1.3% |
| 1959 | 1.00 billion international-$ in 2011 prices | +7.7% |
| 1960 | 1.13 billion international-$ in 2011 prices | +12.5% |
| 1961 | 1.37 billion international-$ in 2011 prices | +21.5% |
| 1962 | 1.35 billion international-$ in 2011 prices | -1.2% |
| 1963 | 1.54 billion international-$ in 2011 prices | +14.3% |
| 1964 | 1.82 billion international-$ in 2011 prices | +17.6% |
| 1965 | 1.87 billion international-$ in 2011 prices | +2.8% |
| 1966 | 1.96 billion international-$ in 2011 prices | +5.0% |
| 1967 | 2.00 billion international-$ in 2011 prices | +2.1% |
| 1968 | 2.10 billion international-$ in 2011 prices | +5.1% |
| 1969 | 2.32 billion international-$ in 2011 prices | +10.2% |
| 1970 | 2.50 billion international-$ in 2011 prices | +7.8% |
| 1971 | 2.60 billion international-$ in 2011 prices | +3.9% |
| 1972 | 2.75 billion international-$ in 2011 prices | +5.8% |
| 1973 | 2.75 billion international-$ in 2011 prices | -0.1% |
| 1974 | 2.92 billion international-$ in 2011 prices | +6.5% |
| 1975 | 3.03 billion international-$ in 2011 prices | +3.5% |
| 1976 | 3.18 billion international-$ in 2011 prices | +5.2% |
| 1977 | 3.53 billion international-$ in 2011 prices | +10.8% |
| 1978 | 3.72 billion international-$ in 2011 prices | +5.5% |
| 1979 | 3.72 billion international-$ in 2011 prices | +0.0% |
| 1980 | 4.48 billion international-$ in 2011 prices | +20.2% |
| 1981 | 4.28 billion international-$ in 2011 prices | -4.5% |
| 1982 | 4.38 billion international-$ in 2011 prices | +2.5% |
| 1983 | 4.31 billion international-$ in 2011 prices | -1.8% |
| 1984 | 4.37 billion international-$ in 2011 prices | +1.5% |
| 1985 | 4.37 billion international-$ in 2011 prices | +0.1% |
| 1986 | 4.53 billion international-$ in 2011 prices | +3.5% |
| 1987 | 4.32 billion international-$ in 2011 prices | -4.5% |
| 1988 | 4.19 billion international-$ in 2011 prices | -3.0% |
| 1989 | 4.21 billion international-$ in 2011 prices | +0.5% |
| 1990 | 3.85 billion international-$ in 2011 prices | -8.6% |
| 1991 | 3.59 billion international-$ in 2011 prices | -6.9% |
| 1992 | 2.86 billion international-$ in 2011 prices | -20.2% |
| 1993 | 1.86 billion international-$ in 2011 prices | -35.2% |
| 1994 | 1.92 billion international-$ in 2011 prices | +3.2% |
| 1995 | 2.23 billion international-$ in 2011 prices | +16.3% |
| 1996 | 2.91 billion international-$ in 2011 prices | +30.7% |
| 1997 | 3.19 billion international-$ in 2011 prices | +9.8% |
| 1998 | 3.44 billion international-$ in 2011 prices | +7.8% |
| 1999 | 3.21 billion international-$ in 2011 prices | -6.9% |
| 2000 | 3.77 billion international-$ in 2011 prices | +17.5% |
| 2001 | 4.00 billion international-$ in 2011 prices | +6.3% |
| 2002 | 4.29 billion international-$ in 2011 prices | +7.2% |
| 2003 | 4.62 billion international-$ in 2011 prices | +7.7% |
| 2004 | 5.08 billion international-$ in 2011 prices | +10.0% |
| 2005 | 5.59 billion international-$ in 2011 prices | +9.9% |
| 2006 | 6.40 billion international-$ in 2011 prices | +14.5% |
| 2007 | 7.46 billion international-$ in 2011 prices | +16.7% |
| 2008 | 8.41 billion international-$ in 2011 prices | +12.8% |
| 2009 | 8.37 billion international-$ in 2011 prices | -0.5% |
| 2010 | 9.03 billion international-$ in 2011 prices | +7.9% |
| 2011 | 9.80 billion international-$ in 2011 prices | +8.5% |
| 2012 | 9.59 billion international-$ in 2011 prices | -2.1% |
| 2013 | 9.99 billion international-$ in 2011 prices | +4.1% |
| 2014 | 10.21 billion international-$ in 2011 prices | +2.2% |
| 2015 | 10.69 billion international-$ in 2011 prices | +4.7% |
| 2016 | 10.99 billion international-$ in 2011 prices | +2.8% |
| 2017 | 11.49 billion international-$ in 2011 prices | +4.5% |
| 2018 | 12.05 billion international-$ in 2011 prices | +4.9% |
| 2019 | 12.54 billion international-$ in 2011 prices | +4.1% |
| 2020 | 10.62 billion international-$ in 2011 prices | -15.3% |
| 2021 | 12.01 billion international-$ in 2011 prices | +13.0% |
| 2022 | 12.77 billion international-$ in 2011 prices | +6.4% |
Montenegro compared with similar countries
- Montenegro's 12.77 billion international-$ in 2011 prices is below the median for upper middle income countries, which is 146.22 billion international-$ in 2011 prices, 9% of the median. (47 countries reporting)
- Montenegro's 12.77 billion international-$ in 2011 prices is below the median for Europe & Central Asia, which is 245.02 billion international-$ in 2011 prices, 5% of the median. (48 countries reporting)
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
- 147 Iceland 16.02 billion international-$ in 2011 prices compare
- 148 Mauritania 15.67 billion international-$ in 2011 prices compare
- 149 Togo 14.27 billion international-$ in 2011 prices compare
- 151 Sierra Leone 11.68 billion international-$ in 2011 prices compare
- 152 Eswatini 9.59 billion international-$ in 2011 prices compare
- 153 Burundi 9.18 billion international-$ in 2011 prices 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$), annual growth rate 26.12 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product (gdp) in Montenegro?
- Gross domestic product (gdp) in Montenegro was 12.77 billion international-$ 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 150th out of 166 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.