HICP - Services in Montenegro
Montenegro: HICP - Services was 6.6 in 2025. ◆ Volatile
Latest (2025)
6.6
Change on year
down 8.3%
World rank
6th
of 31 countries
All-time high
10.8
in 2023
All-time low
-0.8
in 2020
Years of data
10
2016–2025
HICP - Services in Montenegro, 2016–2025
Source: European Central Bank.
Analysis
Montenegro recorded 6.6 for hicp - services in 2025.
The figure is down 8.3% on the previous year and up 288.2% over ten years.
Over the whole period, hicp - services in Montenegro peaked at 10.8 in 2023 and was at its lowest, -0.8, in 2020.
Montenegro ranks 6th 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 - Services in Montenegro, year by year
| Year | Value | Change |
|---|---|---|
| 2016 | 1.7 | — |
| 2017 | 3 | +76.5% |
| 2018 | 2.2 | -26.7% |
| 2019 | 0.3 | -86.4% |
| 2020 | -0.8 | -366.7% |
| 2021 | 1.9 | -337.5% |
| 2022 | 7.3 | +284.2% |
| 2023 | 10.8 | +47.9% |
| 2024 | 7.2 | -33.3% |
| 2025 | 6.6 | -8.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1.8 | 0.3 | 3 | 4 |
| 2020s | 5.5 | -0.8 | 10.8 | 6 |
Countries ranked near Montenegro
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 capital formation (current US$), annual growth rate 16.13 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.2693 current US$ per US$ of GDP (2025)
- Gross capital formation (current US$), per capita 3,991 current US$ per person (2025)
- Gross capital formation (current LCU), annual growth rate 11.24 % change on previous year (2025)
- Gross capital formation (current LCU), per unit of GDP 0.2384 current LCU per US$ of GDP (2025)
- Gross capital formation (current LCU), per capita 3,532 current LCU per person (2025)
- Gross capital formation (constant 2015 US$), annual growth rate 8.03 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1827 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is hicp - services in Montenegro?
- Hicp - services in Montenegro was 6.6 in 2025, according to European Central Bank.
- What is the highest hicp - services recorded in Montenegro?
- The highest recorded value was 10.8 in 2023.
- What is the lowest hicp - services recorded in Montenegro?
- The lowest recorded value was -0.8 in 2020.
- How does Montenegro rank for hicp - services?
- Montenegro ranks 6th out of 31 countries with data for 2025.
- Is hicp - services rising or falling in Montenegro?
- Over the last ten years it is up 288.2%. 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 - Services (Annual average rate of change, Eurostat). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 10 observations, free to reuse under ECB Terms and Conditions (attribution required).