GERD by sector of performance and socioeconomic objectives (NABS 2007) in Montenegro
Montenegro: GERD by sector of performance and socioeconomic objectives (NABS 2007) was 22.51 Million euro in 2024. ▲ Rising
Latest (2024)
22.51 Million euro
Change on year
down 7.3%
World rank
54th
of 54 countries
All-time high
25.32 Million euro
in 2021
All-time low
10.28 Million euro
in 2011
Years of data
12
2011–2024
GERD by sector of performance and socioeconomic objectives in Montenegro, 2011–2024
Source: Eurostat. Measured in Million euro.
Analysis
In 2024, gerd by sector of performance and socioeconomic objectives in Montenegro stood at 22.51 Million euro.
The figure is down 7.3% on the previous year and up 79.2% over ten years.
Over the whole period, gerd by sector of performance and socioeconomic objectives in Montenegro peaked at 25.32 Million euro in 2021 and was at its lowest, 10.28 Million euro, in 2011.
Montenegro ranks 54th of 54 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 12 years of available data.
GERD by sector of performance and socioeconomic objectives (NABS 2007) in Montenegro, year by year
| Year | Million euro | Change |
|---|---|---|
| 2011 | 10.28 Million euro | — |
| 2013 | 12.59 Million euro | +22.4% |
| 2014 | 12.56 Million euro | -0.2% |
| 2015 | 13.67 Million euro | +8.8% |
| 2016 | 12.83 Million euro | -6.1% |
| 2017 | 15 Million euro | +16.9% |
| 2018 | 23.49 Million euro | +56.6% |
| 2019 | 17.98 Million euro | -23.4% |
| 2021 | 25.32 Million euro | +40.8% |
| 2022 | 19.3 Million euro | -23.8% |
| 2023 | 24.27 Million euro | +25.8% |
| 2024 | 22.51 Million euro | -7.3% |
Montenegro compared with similar countries
- Montenegro's 22.51 Million euro is below the median for Europe & Central Asia, which is 5,020 Million euro, 0% of the median. (35 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 14.8 Million euro | 10.28 Million euro | 23.49 Million euro | 8 |
| 2020s | 22.85 Million euro | 19.3 Million euro | 25.32 Million euro | 4 |
Countries ranked near Montenegro
- 51 North Macedonia 53.94 Million euro compare
- 51 North Macedonia 53.94 Million euro compare
- 53 Bosnia and Herzegovina 38.1 Million euro compare
More economy & growth data for Montenegro
- Real gdp growth, annual growth rate -14.66 % change on previous year (2025)
- 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)
Frequently asked questions
- What is gerd by sector of performance and socioeconomic objectives in Montenegro?
- Gerd by sector of performance and socioeconomic objectives in Montenegro was 22.51 Million euro in 2024, according to Eurostat.
- What is the highest gerd by sector of performance and socioeconomic objectives recorded in Montenegro?
- The highest recorded value was 25.32 Million euro in 2021.
- What is the lowest gerd by sector of performance and socioeconomic objectives recorded in Montenegro?
- The lowest recorded value was 10.28 Million euro in 2011.
- How does Montenegro rank for gerd by sector of performance and socioeconomic objectives?
- Montenegro ranks 54th out of 54 countries with data for 2024.
- Is gerd by sector of performance and socioeconomic objectives rising or falling in Montenegro?
- Over the last ten years it is up 79.2%. The long-run trend across the full record is rising.
- Where does this Montenegro data come from?
- The figures come from Eurostat, published as part of GERD by sector of performance and socioeconomic objectives (NABS 2007). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 12 observations, free to reuse under CC BY 4.0 (Eurostat).