GDP price levels relative to the US in Montenegro
Montenegro: GDP price levels relative to the US was 0.3894 in 2024. ▲ Rising
GDP price levels relative to the US in Montenegro, 1997–2024
Source: World Development Indicators - World Bank (2026) – processed by Our World in Data.
Analysis
In 2024, gdp price levels relative to the us in Montenegro stood at 0.3894.
That represents a change of up 1.2% on the previous year and down 19.0% over ten years.
Over the whole period, gdp price levels relative to the us in Montenegro peaked at 0.5333 in 2008 and was at its lowest, 0.2279, in 1998.
That places Montenegro 121st out of 202 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 28 years of available data.
GDP price levels relative to the US in Montenegro, year by year
| Year | Value | Change |
|---|---|---|
| 1997 | 0.2372 | — |
| 1998 | 0.2279 | -3.9% |
| 1999 | 0.2406 | +5.6% |
| 2000 | 0.271 | +12.6% |
| 2001 | 0.282 | +4.1% |
| 2002 | 0.2967 | +5.2% |
| 2003 | 0.38 | +28.1% |
| 2004 | 0.4311 | +13.4% |
| 2005 | 0.442 | +2.5% |
| 2006 | 0.4233 | -4.2% |
| 2007 | 0.4796 | +13.3% |
| 2008 | 0.5333 | +11.2% |
| 2009 | 0.5163 | -3.2% |
| 2010 | 0.4906 | -5.0% |
| 2011 | 0.5064 | +3.2% |
| 2012 | 0.4751 | -6.2% |
| 2013 | 0.4834 | +1.8% |
| 2014 | 0.4806 | -0.6% |
| 2015 | 0.399 | -17.0% |
| 2016 | 0.3865 | -3.1% |
| 2017 | 0.3965 | +2.6% |
| 2018 | 0.4114 | +3.8% |
| 2019 | 0.3691 | -10.3% |
| 2020 | 0.3655 | -1.0% |
| 2021 | 0.3933 | +7.6% |
| 2022 | 0.3574 | -9.1% |
| 2023 | 0.3848 | +7.7% |
| 2024 | 0.3894 | +1.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.2352 | 0.2279 | 0.2406 | 3 |
| 2000s | 0.4055 | 0.271 | 0.5333 | 10 |
| 2010s | 0.4399 | 0.3691 | 0.5064 | 10 |
| 2020s | 0.3781 | 0.3574 | 0.3933 | 5 |
Countries ranked near Montenegro
- 118 Morocco 0.3988 compare
- 119 Dominican Republic 0.3949 compare
- 120 Somalia 0.393 compare
- 122 Mozambique 0.3851 compare
- 123 Equatorial Guinea 0.384 compare
- 124 Gabon 0.3826 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)
- Manufacturing, value added (current US$), per unit of GDP 0.0333 current US$ per US$ of GDP (2024)
- Manufacturing, value added (current US$), per capita 442.1 current US$ per person (2024)
- Manufacturing, value added (current LCU), per unit of GDP 0.0308 current LCU per US$ of GDP (2024)
- Manufacturing, value added (current LCU), per capita 408.45 current LCU per person (2024)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.0225 constant 2015 US$ per US$ of GDP (2024)
- Manufacturing, value added (constant 2015 US$), per capita 298.36 constant 2015 US$ per person (2024)
- Manufacturing, value added (constant LCU), per capita 285.57 constant LCU per person (2024)
- Industry (including construction), value added (current US$), annual 3.1 % change on previous year (2025)
Frequently asked questions
- What is gdp price levels relative to the us in Montenegro?
- Gdp price levels relative to the us in Montenegro was 0.3894 in 2024, according to World Development Indicators - World Bank (2026) – processed by Our World in Data.
- What is the highest gdp price levels relative to the us recorded in Montenegro?
- The highest recorded value was 0.5333 in 2008.
- What is the lowest gdp price levels relative to the us recorded in Montenegro?
- The lowest recorded value was 0.2279 in 1998.
- How does Montenegro rank for gdp price levels relative to the us?
- Montenegro ranks 121st out of 202 countries with data for 2024.
- Is gdp price levels relative to the us rising or falling in Montenegro?
- Over the last ten years it is down 19.0%. The long-run trend across the full record is rising.
- Where does this Montenegro data come from?
- The figures come from World Development Indicators - World Bank (2026) – processed by Our World in Data, published as part of GDP price levels relative to the US. Statizoid updates them automatically from the source API.
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About this data
Ratio of Purchasing Power Parity (PPP) conversion factor to market exchange rate.