Gross domestic product (GDP), Current prices, Domestic currency in Montenegro
Montenegro: Gross domestic product (GDP), Current prices, Domestic currency was 4.95 in 2019. ◆ Volatile
Gross domestic product (GDP), Current prices, Domestic currency in Montenegro, 1990–2019
Source: International Monetary Fund.
Analysis
In 2019, gross domestic product (gdp), current prices, domestic currency in Montenegro stood at 4.95. That is the highest value across all 30 years on record.
The figure is up 6.2% on the previous year and up 65.4% over ten years.
Over the whole period, gross domestic product (gdp), current prices, domestic currency in Montenegro peaked at 4.95 in 2019 and was at its lowest, 0.6724, in 1996.
That places Montenegro 177th out of 194 countries with data for 2019, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP), Current prices, Domestic currency in Montenegro, year by year
| Year | Value | Change |
|---|---|---|
| 1990 | 1.77 | — |
| 1991 | 1.49 | -16.1% |
| 1992 | 1.18 | -20.5% |
| 1993 | 0.6931 | -41.4% |
| 1994 | 0.7018 | +1.3% |
| 1995 | 0.8902 | +26.8% |
| 1996 | 0.6724 | -24.5% |
| 1997 | 0.7504 | +11.6% |
| 1998 | 0.7728 | +3.0% |
| 1999 | 0.7852 | +1.6% |
| 2000 | 1.08 | +37.0% |
| 2001 | 1.31 | +21.5% |
| 2002 | 1.37 | +5.0% |
| 2003 | 1.52 | +11.0% |
| 2004 | 1.69 | +10.6% |
| 2005 | 1.83 | +8.7% |
| 2006 | 2.17 | +18.4% |
| 2007 | 2.69 | +23.9% |
| 2008 | 3.1 | +15.4% |
| 2009 | 2.99 | -3.5% |
| 2010 | 3.13 | +4.4% |
| 2011 | 3.26 | +4.5% |
| 2012 | 3.18 | -2.6% |
| 2013 | 3.36 | +5.7% |
| 2014 | 3.46 | +2.8% |
| 2015 | 3.65 | +5.7% |
| 2016 | 3.95 | +8.2% |
| 2017 | 4.3 | +8.7% |
| 2018 | 4.66 | +8.5% |
| 2019 | 4.95 | +6.2% |
Montenegro compared with similar countries
- Montenegro's 4.95 is below the median for upper middle income countries, which is 697.54, 1% of the median. (57 countries reporting)
- Montenegro's 4.95 is below the median for Europe & Central Asia, which is 590.04, 1% of the median. (49 countries reporting)
Biggest year-on-year movements
Years where Gross domestic product (GDP), Current prices, Domestic currency in Montenegro changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1993 | -41.4% | 1.18 | 0.6931 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.9711 | 0.6724 | 1.77 | 10 |
| 2000s | 1.98 | 1.08 | 3.1 | 10 |
| 2010s | 3.79 | 3.13 | 4.95 | 10 |
Countries ranked near Montenegro
- 174 Sao Tome and Principe 9.23 compare
- 175 Aruba 5.89 compare
- 176 Saint Lucia 5.73 compare
- 178 Antigua and Barbuda 4.49 compare
- 179 Belize 3.81 compare
- 180 Grenada 3.27 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 gross domestic product (gdp), current prices, domestic currency in Montenegro?
- Gross domestic product (gdp), current prices, domestic currency in Montenegro was 4.95 in 2019, according to International Monetary Fund.
- What is the highest gross domestic product (gdp), current prices, domestic currency recorded in Montenegro?
- The highest recorded value was 4.95 in 2019.
- What is the lowest gross domestic product (gdp), current prices, domestic currency recorded in Montenegro?
- The lowest recorded value was 0.6724 in 1996.
- How does Montenegro rank for gross domestic product (gdp), current prices, domestic currency?
- Montenegro ranks 177th out of 194 countries with data for 2019.
- Is gross domestic product (gdp), current prices, domestic currency rising or falling in Montenegro?
- Over the last ten years it is up 65.4%. The long-run trend across the full record is volatile.
- Where does this Montenegro data come from?
- The figures come from International Monetary Fund, published as part of Gross domestic product (GDP), Current prices, Domestic currency. Statizoid updates them automatically from the source API.
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About this data
This dataset provides comprehensive data for investment and capital stock for the general government, private sector and public-private partnerships, across the Fund member countries.