Gross National Income — Value Standard Local Currency in Montenegro
Montenegro: Gross National Income — Value Standard Local Currency was 7,032 million SLC in 2023. ◆ Volatile
Gross National Income — Value Standard Local Currency in Montenegro, 1990–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
The most recent figure for gross national income — value standard local currency in Montenegro is 7,032 million SLC, measured in 2023. That is the highest value across all 34 years on record.
That represents a change of up 16.4% on the previous year and up 105.1% over ten years.
Over the whole period, gross national income — value standard local currency in Montenegro peaked at 7,032 million SLC in 2023 and was at its lowest, 706.35 million SLC, in 1996.
Montenegro ranks 175th of 202 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross National Income — Value Standard Local Currency in Montenegro, year by year
| Year | million SLC | Change |
|---|---|---|
| 1990 | 1,863 million SLC | — |
| 1991 | 1,564 million SLC | -16.1% |
| 1992 | 1,242 million SLC | -20.5% |
| 1993 | 728.12 million SLC | -41.4% |
| 1994 | 737.33 million SLC | +1.3% |
| 1995 | 935.23 million SLC | +26.8% |
| 1996 | 706.35 million SLC | -24.5% |
| 1997 | 788.3 million SLC | +11.6% |
| 1998 | 811.83 million SLC | +3.0% |
| 1999 | 824.95 million SLC | +1.6% |
| 2000 | 1,130 million SLC | +37.0% |
| 2001 | 1,373 million SLC | +21.5% |
| 2002 | 1,450 million SLC | +5.6% |
| 2003 | 1,613 million SLC | +11.3% |
| 2004 | 1,773 million SLC | +9.9% |
| 2005 | 1,853 million SLC | +4.5% |
| 2006 | 2,206 million SLC | +19.1% |
| 2007 | 2,720 million SLC | +23.3% |
| 2008 | 3,149 million SLC | +15.8% |
| 2009 | 2,999 million SLC | -4.8% |
| 2010 | 3,103 million SLC | +3.5% |
| 2011 | 3,291 million SLC | +6.0% |
| 2012 | 3,235 million SLC | -1.7% |
| 2013 | 3,428 million SLC | +6.0% |
| 2014 | 3,504 million SLC | +2.2% |
| 2015 | 3,735 million SLC | +6.6% |
| 2016 | 3,989 million SLC | +6.8% |
| 2017 | 4,387 million SLC | +10.0% |
| 2018 | 4,718 million SLC | +7.5% |
| 2019 | 5,006 million SLC | +6.1% |
| 2020 | 4,252 million SLC | -15.1% |
| 2021 | 5,057 million SLC | +18.9% |
| 2022 | 6,042 million SLC | +19.5% |
| 2023 | 7,032 million SLC | +16.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1,020 million SLC | 706.35 million SLC | 1,863 million SLC | 10 |
| 2000s | 2,027 million SLC | 1,130 million SLC | 3,149 million SLC | 10 |
| 2010s | 3,840 million SLC | 3,103 million SLC | 5,006 million SLC | 10 |
| 2020s | 5,596 million SLC | 4,252 million SLC | 7,032 million SLC | 4 |
Countries ranked near Montenegro
- 172 Bermuda 8,339 million SLC compare
- 173 Netherlands Antilles (former) 7,100 million SLC compare
- 174 Liechtenstein 7,036 million SLC compare
- 176 Aruba 6,267 million SLC compare
- 177 Saint Lucia 6,001 million SLC compare
- 178 Belize 5,949 million SLC 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)
- Industry (including construction), value added (constant 2015 US$) -3.24 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.0755 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 1,118 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual -3.24 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 0.0711 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 1,053 constant LCU per person (2025)
- Services, value added (current US$), annual growth rate 10.9 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.6338 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross national income — value standard local currency in Montenegro?
- Gross national income — value standard local currency in Montenegro was 7,032 million SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross national income — value standard local currency recorded in Montenegro?
- The highest recorded value was 7,032 million SLC in 2023.
- What is the lowest gross national income — value standard local currency recorded in Montenegro?
- The lowest recorded value was 706.35 million SLC in 1996.
- How does Montenegro rank for gross national income — value standard local currency?
- Montenegro ranks 175th out of 202 countries with data for 2023.
- Is gross national income — value standard local currency rising or falling in Montenegro?
- Over the last ten years it is up 105.1%. The long-run trend across the full record is volatile.
- Where does this Montenegro data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross National Income — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).