GERD by sector of performance and socioeconomic objectives in Montenegro
Montenegro: GERD by sector of performance and socioeconomic objectives was 22.51 Million euro in 2024. ▲ Rising
Latest (2024)
22.51 Million euro
Change on year
down 7.3%
World rank
52nd
of 52 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 52nd of 52 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 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% |
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
- 49 Malta 125.71 Million euro compare
- 50 North Macedonia 53.94 Million euro compare
- 51 Bosnia and Herzegovina 38.1 Million euro 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)
- Imports of goods and services (constant 2015 US$), annual growth rate 2.51 % change on previous year (2025)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.5032 constant 2015 US$ per US$ of GDP (2025)
- Imports of goods and services (constant 2015 US$), per capita 7,456 constant 2015 US$ per person (2025)
- External balance on goods and services (current US$), annual growth -27.48 % change on previous year (2025)
- External balance on goods and services (current LCU), annual growth -22.11 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual 3.01 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.0298 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 441.48 current LCU per person (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 52nd out of 52 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).