Inflation, consumer prices in Montenegro
Montenegro: Inflation, consumer prices was 3.34 in 2024. ◆ Volatile
Latest (2024)
3.34
Change on year
down 61.1%
World rank
27th
of 70 countries
All-time high
13.04
in 2022
All-time low
-0.7105
in 2014
Years of data
19
2006–2024
Inflation, consumer prices in Montenegro, 2006–2024
Source: UNICEF.
Analysis
In 2024, inflation, consumer prices in Montenegro stood at 3.34.
Compared with earlier readings it is down 61.1% on the previous year and up 569.6% over ten years.
Over the whole period, inflation, consumer prices in Montenegro peaked at 13.04 in 2022 and was at its lowest, -0.7105, in 2014.
That places Montenegro 27th out of 70 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Inflation, consumer prices in Montenegro, year by year
| Year | Value | Change |
|---|---|---|
| 2006 | 2.92 | — |
| 2007 | 4.35 | +48.6% |
| 2008 | 8.76 | +101.5% |
| 2009 | 3.47 | -60.4% |
| 2010 | 0.6549 | -81.1% |
| 2011 | 3.45 | +426.8% |
| 2012 | 4.15 | +20.1% |
| 2013 | 2.21 | -46.8% |
| 2014 | -0.7105 | -132.2% |
| 2015 | 1.55 | -318.0% |
| 2016 | -0.2714 | -117.5% |
| 2017 | 2.38 | -977.1% |
| 2018 | 2.61 | +9.7% |
| 2019 | 0.3616 | -86.2% |
| 2020 | -0.2557 | -170.7% |
| 2021 | 2.41 | -1043.0% |
| 2022 | 13.04 | +440.9% |
| 2023 | 8.58 | -34.2% |
| 2024 | 3.34 | -61.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.87 | 2.92 | 8.76 | 4 |
| 2010s | 1.64 | -0.7105 | 4.15 | 10 |
| 2020s | 5.42 | -0.2557 | 13.04 | 5 |
Countries ranked near Montenegro
- 24 Estonia 3.52 compare
- 25 North Macedonia 3.49 compare
- 26 Netherlands 3.35 compare
- 28 United Kingdom of Great Britain and Northern Ireland 3.27 compare
- 29 Norway 3.15 compare
- 30 Belgium 3.14 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 domestic savings (current US$), annual growth rate -58.16 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP 0.0129 current US$ per US$ of GDP (2025)
- Gross domestic savings (current US$), per capita 190.59 current US$ per person (2025)
- Gross domestic savings (current LCU), annual growth rate -59.92 % change on previous year (2025)
- Gross domestic savings (current LCU), per unit of GDP 0.0114 current LCU per US$ of GDP (2025)
- Gross domestic savings (current LCU), per capita 168.67 current LCU per person (2025)
- GNI, Atlas method (current US$), annual growth rate 15.75 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.9548 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is inflation, consumer prices in Montenegro?
- Inflation, consumer prices in Montenegro was 3.34 in 2024, according to UNICEF.
- What is the highest inflation, consumer prices recorded in Montenegro?
- The highest recorded value was 13.04 in 2022.
- What is the lowest inflation, consumer prices recorded in Montenegro?
- The lowest recorded value was -0.7105 in 2014.
- How does Montenegro rank for inflation, consumer prices?
- Montenegro ranks 27th out of 70 countries with data for 2024.
- Is inflation, consumer prices rising or falling in Montenegro?
- Over the last ten years it is up 569.6%. The long-run trend across the full record is volatile.
- Where does this Montenegro data come from?
- The figures come from UNICEF, published as part of Inflation, consumer prices (annual %). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under UNICEF Terms of Use (attribution required).