Gross domestic product (GDP), per capita in Montenegro
Montenegro: Gross domestic product (GDP), per capita was 26,758 international-$ in 2021 prices per person in 2023. ▲ Rising
Gross domestic product (GDP), per capita in Montenegro, 1990–2023
Source: Statizoid (derived). Measured in international-$ in 2021 prices per person.
Analysis
Montenegro recorded 26,758 international-$ in 2021 prices per person for gross domestic product (gdp), per capita in 2023. That is the highest value across all 34 years on record.
The figure is up 4.9% on the previous year and up 44.8% over ten years.
Over the whole period, gross domestic product (gdp), per capita in Montenegro peaked at 26,758 international-$ in 2021 prices per person in 2023 and was at its lowest, 5,737 international-$ in 2021 prices per person, in 1993.
That places Montenegro 65th out of 181 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 34 years of available data.
Gross domestic product (GDP), per capita in Montenegro, year by year
| Year | international-$ in 2021 prices per person | Change |
|---|---|---|
| 1990 | 13,328 international-$ in 2021 prices per person | — |
| 1991 | 11,885 international-$ in 2021 prices per person | -10.8% |
| 1992 | 9,062 international-$ in 2021 prices per person | -23.8% |
| 1993 | 5,737 international-$ in 2021 prices per person | -36.7% |
| 1994 | 5,808 international-$ in 2021 prices per person | +1.2% |
| 1995 | 6,648 international-$ in 2021 prices per person | +14.5% |
| 1996 | 8,489 international-$ in 2021 prices per person | +27.7% |
| 1997 | 9,032 international-$ in 2021 prices per person | +6.4% |
| 1998 | 9,570 international-$ in 2021 prices per person | +6.0% |
| 1999 | 8,752 international-$ in 2021 prices per person | -8.5% |
| 2000 | 9,868 international-$ in 2021 prices per person | +12.8% |
| 2001 | 10,397 international-$ in 2021 prices per person | +5.4% |
| 2002 | 10,029 international-$ in 2021 prices per person | -3.5% |
| 2003 | 10,066 international-$ in 2021 prices per person | +0.4% |
| 2004 | 10,597 international-$ in 2021 prices per person | +5.3% |
| 2005 | 11,318 international-$ in 2021 prices per person | +6.8% |
| 2006 | 14,415 international-$ in 2021 prices per person | +27.4% |
| 2007 | 17,812 international-$ in 2021 prices per person | +23.6% |
| 2008 | 19,248 international-$ in 2021 prices per person | +8.1% |
| 2009 | 17,606 international-$ in 2021 prices per person | -8.5% |
| 2010 | 17,634 international-$ in 2021 prices per person | +0.2% |
| 2011 | 19,651 international-$ in 2021 prices per person | +11.4% |
| 2012 | 19,203 international-$ in 2021 prices per person | -2.3% |
| 2013 | 18,474 international-$ in 2021 prices per person | -3.8% |
| 2014 | 18,435 international-$ in 2021 prices per person | -0.2% |
| 2015 | 19,882 international-$ in 2021 prices per person | +7.8% |
| 2016 | 20,480 international-$ in 2021 prices per person | +3.0% |
| 2017 | 21,634 international-$ in 2021 prices per person | +5.6% |
| 2018 | 22,237 international-$ in 2021 prices per person | +2.8% |
| 2019 | 25,362 international-$ in 2021 prices per person | +14.1% |
| 2020 | 20,529 international-$ in 2021 prices per person | -19.1% |
| 2021 | 23,700 international-$ in 2021 prices per person | +15.4% |
| 2022 | 25,518 international-$ in 2021 prices per person | +7.7% |
| 2023 | 26,758 international-$ in 2021 prices per person | +4.9% |
Montenegro compared with similar countries
- Montenegro's 26,758 international-$ in 2021 prices per person is above the median for upper middle income countries, which is 17,495 international-$ in 2021 prices per person, 1.5× the median. (51 countries reporting)
- Montenegro's 26,758 international-$ in 2021 prices per person is below the median for Europe & Central Asia, which is 36,356 international-$ in 2021 prices per person, 74% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 8,831 international-$ in 2021 prices per person | 5,737 international-$ in 2021 prices per person | 13,328 international-$ in 2021 prices per person | 10 |
| 2000s | 13,136 international-$ in 2021 prices per person | 9,868 international-$ in 2021 prices per person | 19,248 international-$ in 2021 prices per person | 10 |
| 2010s | 20,299 international-$ in 2021 prices per person | 17,634 international-$ in 2021 prices per person | 25,362 international-$ in 2021 prices per person | 10 |
| 2020s | 24,126 international-$ in 2021 prices per person | 20,529 international-$ in 2021 prices per person | 26,758 international-$ in 2021 prices per person | 4 |
Countries ranked near Montenegro
- 62 Mauritius 28,335 international-$ in 2021 prices per person compare
- 63 Argentina 27,285 international-$ in 2021 prices per person compare
- 64 Curacao 26,896 international-$ in 2021 prices per person compare
- 66 Uruguay 26,743 international-$ in 2021 prices per person compare
- 67 Chile 26,244 international-$ in 2021 prices per person compare
- 68 Saint Kitts and Nevis 25,479 international-$ in 2021 prices per person 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)
- 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$), annual growth rate 26.12 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product (gdp), per capita in Montenegro?
- Gross domestic product (gdp), per capita in Montenegro was 26,758 international-$ in 2021 prices per person in 2023, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), per capita recorded in Montenegro?
- The highest recorded value was 26,758 international-$ in 2021 prices per person in 2023.
- What is the lowest gross domestic product (gdp), per capita recorded in Montenegro?
- The lowest recorded value was 5,737 international-$ in 2021 prices per person in 1993.
- How does Montenegro rank for gross domestic product (gdp), per capita?
- Montenegro ranks 65th out of 181 countries with data for 2023.
- Is gross domestic product (gdp), per capita rising or falling in Montenegro?
- Over the last ten years it is up 44.8%. The long-run trend across the full record is rising.
- Where does this Montenegro data come from?
- The figures come from Statizoid (derived), published as part of Gross domestic product (GDP), per capita. Statizoid updates them automatically from the source API.
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CSV · JSON — 34 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross domestic product (GDP) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross domestic product (GDP) ÷ Population, total
Computed from
- Gross domestic product (GDP) Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross domestic product (GDP) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.