Gdp penn world table in Montenegro

Montenegro: Gdp penn world table was 16.68 billion in 2023. ▲ Rising

Latest (2023)
16.68 billion
Change on year
up 4.8%
World rank
150th
of 184 countries
All-time high
16.68 billion
in 2023
All-time low
3.50 billion
in 1993
Years of data
34
1990–2023

Gdp penn world table in Montenegro, 1990–2023

5.0B10.0B15.0B1990200620231990: 8.1B1991: 7.2B1992: 5.5B1993: 3.5B1994: 3.6B1995: 4.1B1996: 5.2B1997: 5.5B1998: 5.8B1999: 5.3B2000: 6.0B2001: 6.3B2002: 6.1B2003: 6.2B2004: 6.5B2005: 7.0B2006: 8.9B2007: 11.0B2008: 11.9B2009: 10.9B2010: 10.9B2011: 12.2B2012: 11.9B2013: 11.5B2014: 11.5B2015: 12.4B2016: 12.8B2017: 13.5B2018: 13.9B2019: 15.9B2020: 12.9B2021: 14.8B2022: 15.9B2023: 16.7B

Source: Our World in Data.

Analysis

The most recent figure for gdp penn world table in Montenegro is 16.68 billion, measured in 2023. That is the highest value across all 34 years on record.

The figure is up 4.8% on the previous year and up 45.1% over ten years.

Over the whole period, gdp penn world table in Montenegro peaked at 16.68 billion in 2023 and was at its lowest, 3.50 billion, in 1993.

That places Montenegro 150th out of 184 countries with data for 2023, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 34 years of available data.

Gdp penn world table in Montenegro, year by year

Annual values for Gdp penn world table in Montenegro, 1990 to 2023.
Year Value Change
1990 8.08 billion —
1991 7.22 billion -10.7%
1992 5.51 billion -23.6%
1993 3.50 billion -36.5%
1994 3.55 billion +1.4%
1995 4.07 billion +14.5%
1996 5.19 billion +27.5%
1997 5.51 billion +6.1%
1998 5.82 billion +5.6%
1999 5.30 billion -8.8%
2000 5.97 billion +12.6%
2001 6.31 billion +5.8%
2002 6.12 billion -3.2%
2003 6.16 billion +0.8%
2004 6.50 billion +5.5%
2005 6.95 billion +7.0%
2006 8.87 billion +27.5%
2007 10.97 billion +23.7%
2008 11.88 billion +8.3%
2009 10.89 billion -8.3%
2010 10.92 billion +0.3%
2011 12.19 billion +11.6%
2012 11.93 billion -2.1%
2013 11.50 billion -3.6%
2014 11.50 billion -0.0%
2015 12.42 billion +8.0%
2016 12.81 billion +3.1%
2017 13.54 billion +5.7%
2018 13.93 billion +2.9%
2019 15.90 billion +14.1%
2020 12.86 billion -19.1%
2021 14.81 billion +15.2%
2022 15.91 billion +7.4%
2023 16.68 billion +4.8%

Montenegro compared with similar countries

  • Montenegro's 16.68 billion is below the median for upper middle income countries, which is 148.60 billion, 11% of the median. (51 countries reporting)
  • Montenegro's 16.68 billion is below the median for Europe & Central Asia, which is 314.74 billion, 5% of the median. (48 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 5.37 billion 3.50 billion 8.08 billion 10
2000s 8.06 billion 5.97 billion 11.88 billion 10
2010s 12.66 billion 10.92 billion 15.90 billion 10
2020s 15.07 billion 12.86 billion 16.68 billion 4

Countries ranked near Montenegro

  1. 147 Malta 24.94 billion compare
  2. 148 Iceland 24.49 billion compare
  3. 149 Sierra Leone 24.07 billion compare
  4. 151 Bahamas 13.74 billion compare
  5. 152 Burundi 13.56 billion compare
  6. 153 Fiji 12.86 billion compare

See the full ranking of 184 places →

More economy & growth data for Montenegro

All data for Montenegro →

Frequently asked questions

What is gdp penn world table in Montenegro?
Gdp penn world table in Montenegro was 16.68 billion in 2023, according to Our World in Data.
What is the highest gdp penn world table recorded in Montenegro?
The highest recorded value was 16.68 billion in 2023.
What is the lowest gdp penn world table recorded in Montenegro?
The lowest recorded value was 3.50 billion in 1993.
How does Montenegro rank for gdp penn world table?
Montenegro ranks 150th out of 184 countries with data for 2023.
Is gdp penn world table rising or falling in Montenegro?
Over the last ten years it is up 45.1%. The long-run trend across the full record is rising.
Where does this Montenegro data come from?
The figures come from Our World in Data, published as part of Gdp penn world table. Statizoid updates them automatically from the source API.

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Gdp penn world table in Montenegro. Statizoid, drawing on Our World in Data. Retrieved 15 November 2026, from https://economy.statizoid.com/stat/gdp-penn-world-table/montenegro/

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About this data

Indicator
Gdp penn world table
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
184 places, 10,907 data points, 1950–2023
Last refreshed