Gross value added at basic prices (GVA) (current US$), per square in Montenegro
Montenegro: Gross value added at basic prices (GVA) (current US$), per square was 457,358 current US$ per square kilometre in 2023. ▲ Rising
Gross value added at basic prices (GVA) (current US$), per square in Montenegro, 2006–2023
Source: Statizoid (derived). Measured in current US$ per square kilometre.
Analysis
In 2023, gross value added at basic prices (gva) (current us$), per square in Montenegro stood at 457,358 current US$ per square kilometre. That is the highest value across all 18 years on record.
That represents a change of up 21.9% on the previous year and up 69.9% over ten years.
Over the whole period, gross value added at basic prices (gva) (current us$), per square in Montenegro peaked at 457,358 current US$ per square kilometre in 2023 and was at its lowest, 165,245 current US$ per square kilometre, in 2006.
That places Montenegro 110th out of 204 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 18 years of available data.
Gross value added at basic prices (GVA) (current US$), per square in Montenegro, year by year
| Year | current US$ per square kilometre | Change |
|---|---|---|
| 2006 | 165,245 current US$ per square kilometre | — |
| 2007 | 217,837 current US$ per square kilometre | +31.8% |
| 2008 | 272,393 current US$ per square kilometre | +25.0% |
| 2009 | 256,500 current US$ per square kilometre | -5.8% |
| 2010 | 256,658 current US$ per square kilometre | +0.1% |
| 2011 | 280,315 current US$ per square kilometre | +9.2% |
| 2012 | 253,712 current US$ per square kilometre | -9.5% |
| 2013 | 269,210 current US$ per square kilometre | +6.1% |
| 2014 | 275,454 current US$ per square kilometre | +2.3% |
| 2015 | 246,030 current US$ per square kilometre | -10.7% |
| 2016 | 267,748 current US$ per square kilometre | +8.8% |
| 2017 | 291,614 current US$ per square kilometre | +8.9% |
| 2018 | 329,607 current US$ per square kilometre | +13.0% |
| 2019 | 330,434 current US$ per square kilometre | +0.3% |
| 2020 | 291,010 current US$ per square kilometre | -11.9% |
| 2021 | 350,832 current US$ per square kilometre | +20.6% |
| 2022 | 375,046 current US$ per square kilometre | +6.9% |
| 2023 | 457,358 current US$ per square kilometre | +21.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 227,994 current US$ per square kilometre | 165,245 current US$ per square kilometre | 272,393 current US$ per square kilometre | 4 |
| 2010s | 280,078 current US$ per square kilometre | 246,030 current US$ per square kilometre | 330,434 current US$ per square kilometre | 10 |
| 2020s | 368,562 current US$ per square kilometre | 291,010 current US$ per square kilometre | 457,358 current US$ per square kilometre | 4 |
Countries ranked near Montenegro
- 107 Palau 518,578 current US$ per square kilometre compare
- 108 New Caledonia 462,933 current US$ per square kilometre compare
- 109 Ecuador 458,033 current US$ per square kilometre compare
- 111 Bosnia and Herzegovina 454,230 current US$ per square kilometre compare
- 112 Equatorial Guinea 442,881 current US$ per square kilometre compare
- 113 Republic of Moldova 437,911 current US$ 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)
- Gross value added at basic prices (GVA) (current US$), annual growth 9.56 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.78 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 11,557 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 4.94 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 0.6903 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 10,228 current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 0.9183 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.4799 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) (current us$), per square in Montenegro?
- Gross value added at basic prices (gva) (current us$), per square in Montenegro was 457,358 current US$ per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (current us$), per square recorded in Montenegro?
- The highest recorded value was 457,358 current US$ per square kilometre in 2023.
- What is the lowest gross value added at basic prices (gva) (current us$), per square recorded in Montenegro?
- The lowest recorded value was 165,245 current US$ per square kilometre in 2006.
- How does Montenegro rank for gross value added at basic prices (gva) (current us$), per square?
- Montenegro ranks 110th out of 204 countries with data for 2023.
- Is gross value added at basic prices (gva) (current us$), per square rising or falling in Montenegro?
- Over the last ten years it is up 69.9%. 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 value added at basic prices (GVA) (current US$), per square kilometre. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross value added at basic prices (GVA) (current US$) 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 value added at basic prices (GVA) (current US$) ÷ Land area (sq. km)
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Offices (NSOs)
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross value added at basic prices (GVA) (current US$) 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.