HICP - All-items excluding tobacco in Montenegro

Montenegro: HICP - All-items excluding tobacco was 4 in 2025. ◆ Volatile

Latest (2025)
4
Change on year
up 11.1%
World rank
7th
of 31 countries
All-time high
12.2
in 2022
All-time low
-0.6
in 2020
Years of data
10
2016–2025

HICP - All-items excluding tobacco in Montenegro, 2016–2025

05102016202020252016: -0.22017: 2.52018: 1.82019: 0.82020: -0.62021: 2.52022: 12.22023: 8.82024: 3.62025: 4

Source: European Central Bank.

Analysis

The most recent figure for hicp - all-items excluding tobacco in Montenegro is 4, measured in 2025.

The figure is up 11.1% on the previous year and up 2,100.0% over ten years.

Over the whole period, hicp - all-items excluding tobacco in Montenegro peaked at 12.2 in 2022 and was at its lowest, -0.6, in 2020.

Montenegro ranks 7th of 31 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

HICP - All-items excluding tobacco in Montenegro, year by year

Annual values for HICP - All-items excluding tobacco (Annual average rate of change, Eurostat) in Montenegro, 2016 to 2025.
Year Value Change
2016 -0.2
2017 2.5 -1350.0%
2018 1.8 -28.0%
2019 0.8 -55.6%
2020 -0.6 -175.0%
2021 2.5 -516.7%
2022 12.2 +388.0%
2023 8.8 -27.9%
2024 3.6 -59.1%
2025 4 +11.1%

Averages by decade

DecadeAverage LowestHighest Years
2010s 1.23 -0.2 2.5 4
2020s 5.08 -0.6 12.2 6

Countries ranked near Montenegro

  1. 4 Croatia 4.4 compare
  2. 5 Hungary 4.3 compare
  3. 6 Slovakia 4.2 compare
  4. 8 Estonia 3.6 compare
  5. 8 Latvia 3.6 compare
  6. 10 Bulgaria 3.3 compare
  7. 10 Lithuania 3.3 compare

See the full ranking of 33 places →

More economy & growth data for Montenegro

All data for Montenegro →

Frequently asked questions

What is hicp - all-items excluding tobacco in Montenegro?
Hicp - all-items excluding tobacco in Montenegro was 4 in 2025, according to European Central Bank.
What is the highest hicp - all-items excluding tobacco recorded in Montenegro?
The highest recorded value was 12.2 in 2022.
What is the lowest hicp - all-items excluding tobacco recorded in Montenegro?
The lowest recorded value was -0.6 in 2020.
How does Montenegro rank for hicp - all-items excluding tobacco?
Montenegro ranks 7th out of 31 countries with data for 2025.
Is hicp - all-items excluding tobacco rising or falling in Montenegro?
Over the last ten years it is up 2,100.0%. The long-run trend across the full record is volatile.
Where does this Montenegro data come from?
The figures come from European Central Bank, published as part of HICP - All-items excluding tobacco (Annual average rate of change, Eurostat). Statizoid updates them automatically from the source API.

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HICP - All-items excluding tobacco in Montenegro. Statizoid, drawing on European Central Bank. Retrieved 12 September 2026, from https://economy.statizoid.com/stat/hicp-all-items-excluding-tobacco-annual-average-rate-of-change-eurostat/montenegro/

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About this data

Indicator
HICP - All-items excluding tobacco (Annual average rate of change, Eurostat)
Source
European Central Bank
Licence
ECB Terms and Conditions (attribution required)
Coverage
33 places, 892 data points, 1996–2025
Last refreshed