Gross Domestic Product, GDP in millions constant 2021 international $ in Montenegro
Montenegro: Gross Domestic Product, GDP in millions constant 2021 international $ was 19,421 in 2027. ▲ Rising
Gross Domestic Product, GDP in millions constant 2021 international $ in Montenegro, 1991–2027
Source: International Labour Organization.
Analysis
In 2027, gross domestic product, gdp in millions constant 2021 international $ in Montenegro stood at 19,421. That is the highest value across all 37 years on record.
Compared with earlier readings it is up 3.0% on the previous year and up 36.4% over ten years.
Over the whole period, gross domestic product, gdp in millions constant 2021 international $ in Montenegro peaked at 19,421 in 2027 and was at its lowest, 8,114, in 1991.
Montenegro ranks 157th of 188 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 37 years of available data.
Gross Domestic Product, GDP in millions constant 2021 international $ in Montenegro, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 8,114 | — |
| 1992 | 8,124 | +0.1% |
| 1993 | 8,193 | +0.9% |
| 1994 | 8,323 | +1.6% |
| 1995 | 8,578 | +3.1% |
| 1996 | 8,872 | +3.4% |
| 1997 | 8,910 | +0.4% |
| 1998 | 9,347 | +4.9% |
| 1999 | 8,468 | -9.4% |
| 2000 | 8,731 | +3.1% |
| 2001 | 8,827 | +1.1% |
| 2002 | 8,995 | +1.9% |
| 2003 | 9,218 | +2.5% |
| 2004 | 9,626 | +4.4% |
| 2005 | 10,029 | +4.2% |
| 2006 | 10,888 | +8.6% |
| 2007 | 11,630 | +6.8% |
| 2008 | 12,469 | +7.2% |
| 2009 | 11,747 | -5.8% |
| 2010 | 12,068 | +2.7% |
| 2011 | 12,458 | +3.2% |
| 2012 | 12,118 | -2.7% |
| 2013 | 12,548 | +3.5% |
| 2014 | 12,772 | +1.8% |
| 2015 | 13,205 | +3.4% |
| 2016 | 13,595 | +2.9% |
| 2017 | 14,236 | +4.7% |
| 2018 | 14,959 | +5.1% |
| 2019 | 15,566 | +4.1% |
| 2020 | 13,233 | -15.0% |
| 2021 | 14,959 | +13.0% |
| 2022 | 16,117 | +7.7% |
| 2023 | 17,161 | +6.5% |
| 2024 | 17,704 | +3.2% |
| 2025 | 18,270 | +3.2% |
| 2026 | 18,855 | +3.2% |
| 2027 | 19,421 | +3.0% |
Montenegro compared with similar countries
- Montenegro's 19,421 is below the median for upper middle income countries, which is 133,081, 15% of the median. (53 countries reporting)
- Montenegro's 19,421 is below the median for Europe & Central Asia, which is 367,047, 5% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 8,548 | 8,114 | 9,347 | 9 |
| 2000s | 10,216 | 8,731 | 12,469 | 10 |
| 2010s | 13,353 | 12,068 | 15,566 | 10 |
| 2020s | 16,965 | 13,233 | 19,421 | 8 |
Countries ranked near Montenegro
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 75.12 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0081 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 120.56 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 676.19 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 12.81 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0732 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,085 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 26.12 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product, gdp in millions constant 2021 international $ in Montenegro?
- Gross domestic product, gdp in millions constant 2021 international $ in Montenegro was 19,421 in 2027, according to International Labour Organization.
- What is the highest gross domestic product, gdp in millions constant 2021 international $ recorded in Montenegro?
- The highest recorded value was 19,421 in 2027.
- What is the lowest gross domestic product, gdp in millions constant 2021 international $ recorded in Montenegro?
- The lowest recorded value was 8,114 in 1991.
- How does Montenegro rank for gross domestic product, gdp in millions constant 2021 international $?
- Montenegro ranks 157th out of 188 countries with data for 2027.
- Is gross domestic product, gdp in millions constant 2021 international $ rising or falling in Montenegro?
- Over the last ten years it is up 36.4%. The long-run trend across the full record is rising.
- Where does this Montenegro data come from?
- The figures come from International Labour Organization, published as part of Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates). Statizoid updates them automatically from the source API.
Download this data
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About this data
Gross Domestic Product (GDP), Purchasing Power Parity (millions of PPP, constant 2021 international dollars) is a measure to assess the total economic output of a country, adjusted for differences in the purchasing power of the different currencies relative to the US dollar. It is derived from the World Development Indicators of the World Bank. For more information, refer to the ILO Modelled Estimates (ILOEST) database description.