GDP per capita (Feenstra et) in Montenegro
Montenegro: GDP per capita was 26,335 international-$ in 2021 prices in 2023. ▲ Rising
Latest (2023)
26,335 international-$ in 2021 prices
Change on year
up 1.7%
World rank
68th
of 184 countries
All-time high
26,335 international-$ in 2021 prices
in 2023
All-time low
5,573 international-$ in 2021 prices
in 1993
Years of data
34
1990–2023
GDP per capita in Montenegro, 1990–2023
Source: Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data. Measured in international-$ in 2021 prices.
Analysis
In 2023, gdp per capita in Montenegro stood at 26,335 international-$ in 2021 prices. That is the highest value across all 34 years on record.
The figure is up 1.7% on the previous year and up 45.0% over ten years.
Over the whole period, gdp per capita in Montenegro peaked at 26,335 international-$ in 2021 prices in 2023 and was at its lowest, 5,573 international-$ in 2021 prices, in 1993.
Montenegro ranks 68th of 184 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 34 years of available data.
GDP per capita in Montenegro, year by year
| Year | international-$ in 2021 prices | Change |
|---|---|---|
| 1990 | 13,024 international-$ in 2021 prices | — |
| 1991 | 11,572 international-$ in 2021 prices | -11.2% |
| 1992 | 8,809 international-$ in 2021 prices | -23.9% |
| 1993 | 5,573 international-$ in 2021 prices | -36.7% |
| 1994 | 5,637 international-$ in 2021 prices | +1.1% |
| 1995 | 6,441 international-$ in 2021 prices | +14.3% |
| 1996 | 8,198 international-$ in 2021 prices | +27.3% |
| 1997 | 8,690 international-$ in 2021 prices | +6.0% |
| 1998 | 9,171 international-$ in 2021 prices | +5.5% |
| 1999 | 8,362 international-$ in 2021 prices | -8.8% |
| 2000 | 9,413 international-$ in 2021 prices | +12.6% |
| 2001 | 9,961 international-$ in 2021 prices | +5.8% |
| 2002 | 9,650 international-$ in 2021 prices | -3.1% |
| 2003 | 9,728 international-$ in 2021 prices | +0.8% |
| 2004 | 10,256 international-$ in 2021 prices | +5.4% |
| 2005 | 10,965 international-$ in 2021 prices | +6.9% |
| 2006 | 13,987 international-$ in 2021 prices | +27.6% |
| 2007 | 17,319 international-$ in 2021 prices | +23.8% |
| 2008 | 18,766 international-$ in 2021 prices | +8.4% |
| 2009 | 17,212 international-$ in 2021 prices | -8.3% |
| 2010 | 17,281 international-$ in 2021 prices | +0.4% |
| 2011 | 19,267 international-$ in 2021 prices | +11.5% |
| 2012 | 18,836 international-$ in 2021 prices | -2.2% |
| 2013 | 18,164 international-$ in 2021 prices | -3.6% |
| 2014 | 18,212 international-$ in 2021 prices | +0.3% |
| 2015 | 19,772 international-$ in 2021 prices | +8.6% |
| 2016 | 20,516 international-$ in 2021 prices | +3.8% |
| 2017 | 21,838 international-$ in 2021 prices | +6.4% |
| 2018 | 22,621 international-$ in 2021 prices | +3.6% |
| 2019 | 25,987 international-$ in 2021 prices | +14.9% |
| 2020 | 21,159 international-$ in 2021 prices | -18.6% |
| 2021 | 24,532 international-$ in 2021 prices | +15.9% |
| 2022 | 25,890 international-$ in 2021 prices | +5.5% |
| 2023 | 26,335 international-$ in 2021 prices | +1.7% |
Montenegro compared with similar countries
- Montenegro's 26,335 international-$ in 2021 prices is above the median for upper middle income countries, which is 16,649 international-$ in 2021 prices, 1.6× the median. (51 countries reporting)
- Montenegro's 26,335 international-$ in 2021 prices is below the median for Europe & Central Asia, which is 36,158 international-$ in 2021 prices, 73% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 8,548 international-$ in 2021 prices | 5,573 international-$ in 2021 prices | 13,024 international-$ in 2021 prices | 10 |
| 2000s | 12,726 international-$ in 2021 prices | 9,413 international-$ in 2021 prices | 18,766 international-$ in 2021 prices | 10 |
| 2010s | 20,249 international-$ in 2021 prices | 17,281 international-$ in 2021 prices | 25,987 international-$ in 2021 prices | 10 |
| 2020s | 24,479 international-$ in 2021 prices | 21,159 international-$ in 2021 prices | 26,335 international-$ in 2021 prices | 4 |
Countries ranked near Montenegro
- 65 Argentina 27,285 international-$ in 2021 prices compare
- 66 Montserrat 26,972 international-$ in 2021 prices compare
- 67 Uruguay 26,743 international-$ in 2021 prices compare
- 69 Chile 26,244 international-$ in 2021 prices compare
- 70 Saint Kitts and Nevis 25,479 international-$ in 2021 prices compare
- 71 Costa Rica 25,112 international-$ in 2021 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)
- 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)
- IMF holdings of currency, US dollar, per unit of GDP 0.0068 units per US$ of GDP (2025)
Frequently asked questions
- What is gdp per capita in Montenegro?
- Gdp per capita in Montenegro was 26,335 international-$ in 2021 prices in 2023, according to Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data.
- What is the highest gdp per capita recorded in Montenegro?
- The highest recorded value was 26,335 international-$ in 2021 prices in 2023.
- What is the lowest gdp per capita recorded in Montenegro?
- The lowest recorded value was 5,573 international-$ in 2021 prices in 1993.
- How does Montenegro rank for gdp per capita?
- Montenegro ranks 68th out of 184 countries with data for 2023.
- Is gdp per capita rising or falling in Montenegro?
- Over the last ten years it is up 45.0%. The long-run trend across the full record is rising.
- Where does this Montenegro data come from?
- The figures come from Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data, published as part of GDP per capita. Statizoid updates them automatically from the source API.
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About this data
Average economic output per person in a country or region per year. This data is adjusted for inflation and differences in living costs between countries.