Gross Domestic Product — Value Standard Local Currency, 2015 prices in Montenegro
Montenegro: Gross Domestic Product — Value Standard Local Currency, 2015 prices was 0.0077 million SLC per person in 2024. ▲ Rising
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Montenegro, 1990–2024
Source: Statizoid (derived). Measured in million SLC per person.
Analysis
In 2024, gross domestic product — value standard local currency, 2015 prices in Montenegro stood at 0.0077 million SLC per person. That is the highest value across all 35 years on record.
The figure is up 3.0% on the previous year and up 36.1% over ten years.
Over the whole period, gross domestic product — value standard local currency, 2015 prices in Montenegro peaked at 0.0077 million SLC per person in 2024 and was at its lowest, 0.0023 million SLC per person, in 1993.
That places Montenegro 176th out of 194 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 35 years of available data.
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Montenegro, year by year
| Year | million SLC per person | Change |
|---|---|---|
| 1990 | 0.0053 million SLC per person | — |
| 1991 | 0.0047 million SLC per person | -10.9% |
| 1992 | 0.0036 million SLC per person | -23.7% |
| 1993 | 0.0023 million SLC per person | -36.7% |
| 1994 | 0.0023 million SLC per person | +1.3% |
| 1995 | 0.0026 million SLC per person | +14.2% |
| 1996 | 0.0034 million SLC per person | +27.7% |
| 1997 | 0.0036 million SLC per person | +6.8% |
| 1998 | 0.0038 million SLC per person | +4.9% |
| 1999 | 0.0035 million SLC per person | -8.1% |
| 2000 | 0.004 million SLC per person | +14.7% |
| 2001 | 0.004 million SLC per person | +0.7% |
| 2002 | 0.0041 million SLC per person | +1.5% |
| 2003 | 0.0042 million SLC per person | +2.1% |
| 2004 | 0.0043 million SLC per person | +4.2% |
| 2005 | 0.0045 million SLC per person | +4.0% |
| 2006 | 0.0049 million SLC per person | +8.4% |
| 2007 | 0.0052 million SLC per person | +6.7% |
| 2008 | 0.0056 million SLC per person | +7.0% |
| 2009 | 0.0053 million SLC per person | -6.0% |
| 2010 | 0.0054 million SLC per person | +2.5% |
| 2011 | 0.0056 million SLC per person | +3.1% |
| 2012 | 0.0054 million SLC per person | -2.9% |
| 2013 | 0.0056 million SLC per person | +3.4% |
| 2014 | 0.0057 million SLC per person | +1.6% |
| 2015 | 0.0059 million SLC per person | +3.2% |
| 2016 | 0.006 million SLC per person | +2.8% |
| 2017 | 0.0063 million SLC per person | +4.6% |
| 2018 | 0.0066 million SLC per person | +5.0% |
| 2019 | 0.0069 million SLC per person | +4.0% |
| 2020 | 0.0058 million SLC per person | -15.3% |
| 2021 | 0.0066 million SLC per person | +13.3% |
| 2022 | 0.007 million SLC per person | +6.7% |
| 2023 | 0.0075 million SLC per person | +6.3% |
| 2024 | 0.0077 million SLC per person | +3.0% |
Montenegro compared with similar countries
- Montenegro's 0.0077 million SLC per person is below the median for upper middle income countries, which is 0.0458 million SLC per person, 17% of the median. (54 countries reporting)
- Montenegro's 0.0077 million SLC per person is below the median for Europe & Central Asia, which is 0.0411 million SLC per person, 19% of the median. (52 countries reporting)
Biggest year-on-year movements
Years where Gross Domestic Product — Value Standard Local Currency, 2015 prices 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 | -36.7% | 0.0036 million SLC per person | 0.0023 million SLC per person |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0035 million SLC per person | 0.0023 million SLC per person | 0.0053 million SLC per person | 10 |
| 2000s | 0.0046 million SLC per person | 0.004 million SLC per person | 0.0056 million SLC per person | 10 |
| 2010s | 0.0059 million SLC per person | 0.0054 million SLC per person | 0.0069 million SLC per person | 10 |
| 2020s | 0.0069 million SLC per person | 0.0058 million SLC per person | 0.0077 million SLC per person | 5 |
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 — value standard local currency, 2015 prices in Montenegro?
- Gross domestic product — value standard local currency, 2015 prices in Montenegro was 0.0077 million SLC per person in 2024, according to Statizoid (derived).
- What is the highest gross domestic product — value standard local currency, 2015 prices recorded in Montenegro?
- The highest recorded value was 0.0077 million SLC per person in 2024.
- What is the lowest gross domestic product — value standard local currency, 2015 prices recorded in Montenegro?
- The lowest recorded value was 0.0023 million SLC per person in 1993.
- How does Montenegro rank for gross domestic product — value standard local currency, 2015 prices?
- Montenegro ranks 176th out of 194 countries with data for 2024.
- Is gross domestic product — value standard local currency, 2015 prices rising or falling in Montenegro?
- Over the last ten years it is up 36.1%. 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 — Value Standard Local Currency, 2015 prices, per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 35 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross Domestic Product — Value Standard Local Currency, 2015 prices 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 — Value Standard Local Currency, 2015 prices ÷ Population, total
Computed from
- Gross Domestic Product — Value Standard Local Currency, 2015 prices Food and Agriculture Organization of the United Nations
- 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 — Value Standard Local Currency, 2015 prices divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.