Gross National Income — Value US$, annual growth rate in Montenegro
Montenegro: Gross National Income — Value US$, annual growth rate was 19.5 % change on previous year in 2023. ◆ Volatile
Gross National Income — Value US$, annual growth rate in Montenegro, 1991–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross national income — value us$, annual growth rate in Montenegro is 19.5 % change on previous year, measured in 2023.
That represents a change of up 206.3% on the previous year and up 104.7% over ten years.
Over the whole period, gross national income — value us$, annual growth rate in Montenegro peaked at 43.63 % change on previous year in 1995 and was at its lowest, -44.65 % change on previous year, in 1993.
That places Montenegro 16th out of 236 countries with data for 2023, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross National Income — Value US$, annual growth rate in Montenegro, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1991 | -18.31 % change on previous year | — |
| 1992 | -15.56 % change on previous year | -15.0% |
| 1993 | -44.65 % change on previous year | +187.0% |
| 1994 | 3.17 % change on previous year | -107.1% |
| 1995 | 43.63 % change on previous year | +1276.5% |
| 1996 | -28.07 % change on previous year | -164.3% |
| 1997 | -3.15 % change on previous year | -88.8% |
| 1998 | 1.49 % change on previous year | -147.1% |
| 1999 | -2.56 % change on previous year | -272.4% |
| 2000 | 18.74 % change on previous year | -831.5% |
| 2001 | 17.78 % change on previous year | -5.1% |
| 2002 | 11.52 % change on previous year | -35.2% |
| 2003 | 33.09 % change on previous year | +187.3% |
| 2004 | 20.84 % change on previous year | -37.0% |
| 2005 | 4.51 % change on previous year | -78.3% |
| 2006 | 20.17 % change on previous year | +346.9% |
| 2007 | 34.61 % change on previous year | +71.6% |
| 2008 | 24.23 % change on previous year | -30.0% |
| 2009 | -9.68 % change on previous year | -139.9% |
| 2010 | -1.65 % change on previous year | -82.9% |
| 2011 | 11.35 % change on previous year | -786.4% |
| 2012 | -9.26 % change on previous year | -181.6% |
| 2013 | 9.53 % change on previous year | -202.9% |
| 2014 | 2.24 % change on previous year | -76.5% |
| 2015 | -10.98 % change on previous year | -590.2% |
| 2016 | 6.56 % change on previous year | -159.7% |
| 2017 | 12.26 % change on previous year | +87.0% |
| 2018 | 12.42 % change on previous year | +1.3% |
| 2019 | 0.586 % change on previous year | -95.3% |
| 2020 | -13.34 % change on previous year | -2376.7% |
| 2021 | 23.16 % change on previous year | -273.6% |
| 2022 | 6.37 % change on previous year | -72.5% |
| 2023 | 19.5 % change on previous year | +206.3% |
Biggest year-on-year movements
Years where Gross National Income — Value US$, annual growth rate in Montenegro changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2020 | -2376.7% | 0.586 % change on previous year | -13.34 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -7.11 % change on previous year | -44.65 % change on previous year | 43.63 % change on previous year | 9 |
| 2000s | 17.58 % change on previous year | -9.68 % change on previous year | 34.61 % change on previous year | 10 |
| 2010s | 3.3 % change on previous year | -10.98 % change on previous year | 12.42 % change on previous year | 10 |
| 2020s | 8.92 % change on previous year | -13.34 % change on previous year | 23.16 % change on previous year | 4 |
Countries ranked near Montenegro
- 13 Samoa 21.89 % change on previous year compare
- 14 Albania 21.47 % change on previous year compare
- 15 Hungary 19.75 % change on previous year compare
- 17 San Marino 19.21 % change on previous year compare
- 18 Romania 18.36 % change on previous year compare
- 19 Serbia 18.29 % change on previous year compare
More economy & growth data for Montenegro
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.15 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), 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$), annual growth rate 26.12 % change on previous year (2025)
Frequently asked questions
- What is gross national income — value us$, annual growth rate in Montenegro?
- Gross national income — value us$, annual growth rate in Montenegro was 19.5 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest gross national income — value us$, annual growth rate recorded in Montenegro?
- The highest recorded value was 43.63 % change on previous year in 1995.
- What is the lowest gross national income — value us$, annual growth rate recorded in Montenegro?
- The lowest recorded value was -44.65 % change on previous year in 1993.
- How does Montenegro rank for gross national income — value us$, annual growth rate?
- Montenegro ranks 16th out of 236 countries with data for 2023.
- Is gross national income — value us$, annual growth rate rising or falling in Montenegro?
- Over the last ten years it is up 104.7%. The long-run trend across the full record is volatile.
- Where does this Montenegro data come from?
- The figures come from Statizoid (derived), published as part of Gross National Income — Value US$, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 33 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross National Income — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross National Income — Value US$ Food and Agriculture Organization of the United Nations
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
The year-on-year percentage change in Gross National Income — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.