Gross Domestic Product — Value Standard Local Currency, 2015 prices in Montenegro
Montenegro: Gross Domestic Product — Value Standard Local Currency, 2015 prices was 0.347 million SLC per square kilometre in 2023. ▲ Rising
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Montenegro, 2006–2023
Source: Statizoid (derived). Measured in million SLC per square kilometre.
Analysis
The most recent figure for gross domestic product — value standard local currency, 2015 prices in Montenegro is 0.347 million SLC per square kilometre, measured in 2023. That is the highest value across all 18 years on record.
The figure is up 6.3% on the previous year and up 34.4% over ten years.
Over the whole period, gross domestic product — value standard local currency, 2015 prices in Montenegro peaked at 0.347 million SLC per square kilometre in 2023 and was at its lowest, 0.224 million SLC per square kilometre, in 2006.
Montenegro ranks 176th of 194 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 18 years of available data.
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Montenegro, year by year
| Year | million SLC per square kilometre | Change |
|---|---|---|
| 2006 | 0.224 million SLC per square kilometre | — |
| 2007 | 0.2393 million SLC per square kilometre | +6.8% |
| 2008 | 0.2566 million SLC per square kilometre | +7.2% |
| 2009 | 0.2417 million SLC per square kilometre | -5.8% |
| 2010 | 0.2483 million SLC per square kilometre | +2.7% |
| 2011 | 0.2563 million SLC per square kilometre | +3.2% |
| 2012 | 0.2493 million SLC per square kilometre | -2.7% |
| 2013 | 0.2582 million SLC per square kilometre | +3.5% |
| 2014 | 0.2628 million SLC per square kilometre | +1.8% |
| 2015 | 0.2717 million SLC per square kilometre | +3.4% |
| 2016 | 0.2797 million SLC per square kilometre | +2.9% |
| 2017 | 0.2929 million SLC per square kilometre | +4.7% |
| 2018 | 0.3078 million SLC per square kilometre | +5.1% |
| 2019 | 0.3203 million SLC per square kilometre | +4.1% |
| 2020 | 0.2713 million SLC per square kilometre | -15.3% |
| 2021 | 0.3067 million SLC per square kilometre | +13.0% |
| 2022 | 0.3263 million SLC per square kilometre | +6.4% |
| 2023 | 0.347 million SLC per square kilometre | +6.3% |
Montenegro compared with similar countries
- Montenegro's 0.347 million SLC per square kilometre is below the median for upper middle income countries, which is 5.02 million SLC per square kilometre, 7% of the median. (54 countries reporting)
- Montenegro's 0.347 million SLC per square kilometre is below the median for Europe & Central Asia, which is 4.95 million SLC per square kilometre, 7% of the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.2404 million SLC per square kilometre | 0.224 million SLC per square kilometre | 0.2566 million SLC per square kilometre | 4 |
| 2010s | 0.2747 million SLC per square kilometre | 0.2483 million SLC per square kilometre | 0.3203 million SLC per square kilometre | 10 |
| 2020s | 0.3128 million SLC per square kilometre | 0.2713 million SLC per square kilometre | 0.347 million SLC per square kilometre | 4 |
Countries ranked near Montenegro
- 173 Kiribati 0.4288 million SLC per square kilometre compare
- 174 Turkmenistan 0.403 million SLC per square kilometre compare
- 175 Jordan 0.3603 million SLC per square kilometre compare
- 177 Botswana 0.3207 million SLC per square kilometre compare
- 178 Zambia 0.316 million SLC per square kilometre compare
- 179 Eritrea 0.3128 million SLC per square kilometre 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 — value standard local currency, 2015 prices in Montenegro?
- Gross domestic product — value standard local currency, 2015 prices in Montenegro was 0.347 million SLC per square kilometre in 2023, 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 0.347 million SLC per square kilometre in 2023.
- What is the lowest gross domestic product — value standard local currency, 2015 prices recorded in Montenegro?
- The lowest recorded value was 0.224 million SLC per square kilometre in 2006.
- How does Montenegro rank for gross domestic product — value standard local currency, 2015 prices?
- Montenegro ranks 176th out of 194 countries with data for 2023.
- Is gross domestic product — value standard local currency, 2015 prices rising or falling in Montenegro?
- Over the last ten years it is up 34.4%. 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 square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 18 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 Land area (sq. km), 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 ÷ Land area (sq. km)
Computed from
- Gross Domestic Product — Value Standard Local Currency, 2015 prices Food and Agriculture Organization of the United Nations
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
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 Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.