Gross domestic product (GDP), per unit of GDP in Montenegro
Montenegro: Gross domestic product (GDP), per unit of GDP was 2.18 international-$ in 2021 prices per US$ of GDP in 2023. ▼ Falling
Gross domestic product (GDP), per unit of GDP in Montenegro, 1997–2023
Source: Statizoid (derived). Measured in international-$ in 2021 prices per US$ of GDP.
Analysis
Montenegro recorded 2.18 international-$ in 2021 prices per US$ of GDP for gross domestic product (gdp), per unit of gdp in 2023. That is the lowest value across all 27 years on record.
The figure is down 14.1% on the previous year and down 16.1% over ten years.
Over the whole period, gross domestic product (gdp), per unit of gdp in Montenegro peaked at 6.81 international-$ in 2021 prices per US$ of GDP in 1998 and was at its lowest, 2.18 international-$ in 2021 prices per US$ of GDP, in 2023.
That places Montenegro 84th out of 180 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently falling across the 27 years of available data.
Gross domestic product (GDP), per unit of GDP in Montenegro, year by year
| Year | international-$ in 2021 prices per US$ of GDP | Change |
|---|---|---|
| 1997 | 6.57 international-$ in 2021 prices per US$ of GDP | — |
| 1998 | 6.81 international-$ in 2021 prices per US$ of GDP | +3.7% |
| 1999 | 6.4 international-$ in 2021 prices per US$ of GDP | -6.0% |
| 2000 | 6.06 international-$ in 2021 prices per US$ of GDP | -5.2% |
| 2001 | 5.44 international-$ in 2021 prices per US$ of GDP | -10.2% |
| 2002 | 4.75 international-$ in 2021 prices per US$ of GDP | -12.7% |
| 2003 | 3.61 international-$ in 2021 prices per US$ of GDP | -24.1% |
| 2004 | 3.13 international-$ in 2021 prices per US$ of GDP | -13.3% |
| 2005 | 3.08 international-$ in 2021 prices per US$ of GDP | -1.6% |
| 2006 | 3.26 international-$ in 2021 prices per US$ of GDP | +5.9% |
| 2007 | 2.98 international-$ in 2021 prices per US$ of GDP | -8.6% |
| 2008 | 2.6 international-$ in 2021 prices per US$ of GDP | -12.6% |
| 2009 | 2.62 international-$ in 2021 prices per US$ of GDP | +0.5% |
| 2010 | 2.64 international-$ in 2021 prices per US$ of GDP | +0.9% |
| 2011 | 2.7 international-$ in 2021 prices per US$ of GDP | +2.4% |
| 2012 | 2.93 international-$ in 2021 prices per US$ of GDP | +8.4% |
| 2013 | 2.6 international-$ in 2021 prices per US$ of GDP | -11.3% |
| 2014 | 2.51 international-$ in 2021 prices per US$ of GDP | -3.5% |
| 2015 | 3.1 international-$ in 2021 prices per US$ of GDP | +23.3% |
| 2016 | 2.94 international-$ in 2021 prices per US$ of GDP | -5.1% |
| 2017 | 2.82 international-$ in 2021 prices per US$ of GDP | -4.1% |
| 2018 | 2.56 international-$ in 2021 prices per US$ of GDP | -9.1% |
| 2019 | 2.9 international-$ in 2021 prices per US$ of GDP | +13.1% |
| 2020 | 2.72 international-$ in 2021 prices per US$ of GDP | -6.3% |
| 2021 | 2.54 international-$ in 2021 prices per US$ of GDP | -6.4% |
| 2022 | 2.54 international-$ in 2021 prices per US$ of GDP | -0.1% |
| 2023 | 2.18 international-$ in 2021 prices per US$ of GDP | -14.1% |
Montenegro compared with similar countries
- Montenegro's 2.18 international-$ in 2021 prices per US$ of GDP is below the median for upper middle income countries, which is 2.35 international-$ in 2021 prices per US$ of GDP, 93% of the median. (51 countries reporting)
- Montenegro's 2.18 international-$ in 2021 prices per US$ of GDP is above the median for Europe & Central Asia, which is 1.5 international-$ in 2021 prices per US$ of GDP, 1.5× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6.59 international-$ in 2021 prices per US$ of GDP | 6.4 international-$ in 2021 prices per US$ of GDP | 6.81 international-$ in 2021 prices per US$ of GDP | 3 |
| 2000s | 3.75 international-$ in 2021 prices per US$ of GDP | 2.6 international-$ in 2021 prices per US$ of GDP | 6.06 international-$ in 2021 prices per US$ of GDP | 10 |
| 2010s | 2.77 international-$ in 2021 prices per US$ of GDP | 2.51 international-$ in 2021 prices per US$ of GDP | 3.1 international-$ in 2021 prices per US$ of GDP | 10 |
| 2020s | 2.5 international-$ in 2021 prices per US$ of GDP | 2.18 international-$ in 2021 prices per US$ of GDP | 2.72 international-$ in 2021 prices per US$ of GDP | 4 |
Countries ranked near Montenegro
- 81 Central African Republic 2.21 international-$ in 2021 prices per US$ of GDP compare
- 82 Nigeria 2.2 international-$ in 2021 prices per US$ of GDP compare
- 83 Bosnia and Herzegovina 2.2 international-$ in 2021 prices per US$ of GDP compare
- 85 Dominican Republic 2.17 international-$ in 2021 prices per US$ of GDP compare
- 86 Angola 2.14 international-$ in 2021 prices per US$ of GDP compare
- 87 Guyana 2.12 international-$ in 2021 prices per US$ of GDP 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$), annual growth rate 26.12 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product (gdp), per unit of gdp in Montenegro?
- Gross domestic product (gdp), per unit of gdp in Montenegro was 2.18 international-$ in 2021 prices per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), per unit of gdp recorded in Montenegro?
- The highest recorded value was 6.81 international-$ in 2021 prices per US$ of GDP in 1998.
- What is the lowest gross domestic product (gdp), per unit of gdp recorded in Montenegro?
- The lowest recorded value was 2.18 international-$ in 2021 prices per US$ of GDP in 2023.
- How does Montenegro rank for gross domestic product (gdp), per unit of gdp?
- Montenegro ranks 84th out of 180 countries with data for 2023.
- Is gross domestic product (gdp), per unit of gdp rising or falling in Montenegro?
- Over the last ten years it is down 16.1%. The long-run trend across the full record is falling.
- Where does this Montenegro data come from?
- The figures come from Statizoid (derived), published as part of Gross domestic product (GDP), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross domestic product (GDP) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross domestic product (GDP) ÷ GDP (current US$)
Computed from
- Gross domestic product (GDP) Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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 GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.