GDP per capita growth in Montenegro
Montenegro: GDP per capita growth was 3.16 in 2024. ◆ Volatile
Latest (2024)
3.16
Change on year
down 51.2%
World rank
22nd
of 74 countries
All-time high
13.32
in 2021
All-time low
-14.97
in 2020
Years of data
27
1998–2024
GDP per capita growth in Montenegro, 1998–2024
Source: UNICEF.
Analysis
In 2024, gdp per capita growth in Montenegro stood at 3.16.
That represents a change of down 51.2% on the previous year and up 45.1% over ten years.
Over the whole period, gdp per capita growth in Montenegro peaked at 13.32 in 2021 and was at its lowest, -14.97, in 2020.
Montenegro ranks 22nd of 74 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP per capita growth in Montenegro, year by year
| Year | Value | Change |
|---|---|---|
| 1998 | 5.22 | — |
| 1999 | -9.15 | -275.3% |
| 2000 | 3.28 | -135.8% |
| 2001 | 0.6939 | -78.8% |
| 2002 | 1.5 | +115.7% |
| 2003 | 2.07 | +38.6% |
| 2004 | 4.24 | +104.5% |
| 2005 | 4.03 | -5.1% |
| 2006 | 8.43 | +109.4% |
| 2007 | 6.99 | -17.1% |
| 2008 | 6.71 | -4.0% |
| 2009 | -6.2 | -192.4% |
| 2010 | 2.59 | -141.8% |
| 2011 | 3.26 | +25.9% |
| 2012 | -2.66 | -181.5% |
| 2013 | 3.19 | -220.2% |
| 2014 | 2.18 | -31.7% |
| 2015 | 2.37 | +8.9% |
| 2016 | 3.32 | +40.0% |
| 2017 | 3.11 | -6.3% |
| 2018 | 4.66 | +49.6% |
| 2019 | 4.34 | -6.8% |
| 2020 | -14.97 | -444.8% |
| 2021 | 13.32 | -189.0% |
| 2022 | 7.99 | -40.0% |
| 2023 | 6.49 | -18.8% |
| 2024 | 3.16 | -51.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -1.97 | -9.15 | 5.22 | 2 |
| 2000s | 3.17 | -6.2 | 8.43 | 10 |
| 2010s | 2.64 | -2.66 | 4.66 | 10 |
| 2020s | 3.2 | -14.97 | 13.32 | 5 |
Countries ranked near Montenegro
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)
- Services, value added (current US$), annual growth rate 10.9 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.6338 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 9,391 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 6.23 % change on previous year (2025)
- Services, value added (current LCU), per unit of GDP 0.5609 current LCU per US$ of GDP (2025)
- Services, value added (current LCU), per capita 8,311 current LCU per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 1.62 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.3796 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is gdp per capita growth in Montenegro?
- Gdp per capita growth in Montenegro was 3.16 in 2024, according to UNICEF.
- What is the highest gdp per capita growth recorded in Montenegro?
- The highest recorded value was 13.32 in 2021.
- What is the lowest gdp per capita growth recorded in Montenegro?
- The lowest recorded value was -14.97 in 2020.
- How does Montenegro rank for gdp per capita growth?
- Montenegro ranks 22nd out of 74 countries with data for 2024.
- Is gdp per capita growth rising or falling in Montenegro?
- Over the last ten years it is up 45.1%. The long-run trend across the full record is volatile.
- Where does this Montenegro data come from?
- The figures come from UNICEF, published as part of GDP per capita growth (annual %). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 27 observations, free to reuse under UNICEF Terms of Use (attribution required).