Inflation, consumer prices (annual %) (International Financial) in Montenegro
Montenegro: Inflation, consumer prices (annual %) (International Financial) was 3.9% in 2025. ◆ Volatile
Inflation, consumer prices in Montenegro, 2006–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in annual %.
Analysis
Montenegro recorded 3.9% for inflation, consumer prices in 2025.
That represents a change of up 16.9% on the previous year and up 151.8% over ten years.
Over the whole period, inflation, consumer prices in Montenegro peaked at 13.0% in 2022 and was at its lowest, -0.7%, in 2014.
Montenegro ranks 66th of 192 countries on this measure, 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 (annual %) (International Financial) in Montenegro, year by year
| Year | annual % | Change |
|---|---|---|
| 2006 | 2.9% | — |
| 2007 | 4.3% | +48.6% |
| 2008 | 8.8% | +101.5% |
| 2009 | 3.5% | -60.4% |
| 2010 | 0.7% | -81.1% |
| 2011 | 3.5% | +426.8% |
| 2012 | 4.1% | +20.1% |
| 2013 | 2.2% | -46.8% |
| 2014 | -0.7% | -132.2% |
| 2015 | 1.5% | -318.0% |
| 2016 | -0.3% | -117.5% |
| 2017 | 2.4% | -977.1% |
| 2018 | 2.6% | +9.7% |
| 2019 | 0.4% | -86.2% |
| 2020 | -0.3% | -170.7% |
| 2021 | 2.4% | -1043.0% |
| 2022 | 13.0% | +440.9% |
| 2023 | 8.6% | -34.2% |
| 2024 | 3.3% | -61.1% |
| 2025 | 3.9% | +16.9% |
Montenegro compared with similar countries
- Montenegro's 3.9% is above the median for upper middle income countries, which is 3.3%, 1.2× the median. (55 countries reporting)
- Montenegro's 3.9% is above the median for Europe & Central Asia, which is 3.8%, 1.0× the median. (49 countries reporting)
Biggest year-on-year movements
Years where Inflation, consumer prices (annual %) (International Financial) 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 |
|---|---|---|---|
| 2021 | +1043.0% | -0.3% | 2.4% |
| 2017 | +977.1% | -0.3% | 2.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.9% | 2.9% | 8.8% | 4 |
| 2010s | 1.6% | -0.7% | 4.1% | 10 |
| 2020s | 5.2% | -0.3% | 13.0% | 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)
- SDRs holdings, US dollar, annual growth rate 4.46 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0103 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 151.96 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.5233 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0075 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 110.96 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -21.12 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0068 units per US$ of GDP (2025)
Frequently asked questions
- What is inflation, consumer prices in Montenegro?
- Inflation, consumer prices in Montenegro was 3.9% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest inflation, consumer prices recorded in Montenegro?
- The highest recorded value was 13.0% in 2022.
- What is the lowest inflation, consumer prices recorded in Montenegro?
- The lowest recorded value was -0.7% in 2014.
- How does Montenegro rank for inflation, consumer prices?
- Montenegro ranks 66th out of 192 countries with data for 2025.
- Is inflation, consumer prices rising or falling in Montenegro?
- Over the last ten years it is up 151.8%. The long-run trend across the full record is volatile.
- Where does this Montenegro data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Inflation, consumer prices (annual %). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 20 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly.