Inflation, GDP deflator in Montenegro
Montenegro: Inflation, GDP deflator was 4.0% in 2025. ◆ Volatile
Inflation, GDP deflator in Montenegro, 1998–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual %.
Analysis
Montenegro recorded 4.0% for inflation, gdp deflator in 2025.
That represents a change of down 16.5% on the previous year and up 76.2% over ten years.
Over the whole period, inflation, gdp deflator in Montenegro peaked at 32.9% in 2000 and was at its lowest, -1.8%, in 1998.
Montenegro ranks 84th of 212 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, GDP deflator in Montenegro, year by year
| Year | annual % | Change |
|---|---|---|
| 1998 | -1.8% | — |
| 1999 | 12.2% | -766.0% |
| 2000 | 32.9% | +170.5% |
| 2001 | 20.2% | -38.6% |
| 2002 | 3.1% | -84.8% |
| 2003 | 8.3% | +170.6% |
| 2004 | 5.9% | -29.3% |
| 2005 | 4.3% | -26.4% |
| 2006 | 9.9% | +129.3% |
| 2007 | 15.8% | +58.8% |
| 2008 | 7.9% | -49.8% |
| 2009 | 2.3% | -70.7% |
| 2010 | 1.8% | -21.4% |
| 2011 | 0.3% | -81.2% |
| 2012 | 0.4% | +9.3% |
| 2013 | 1.6% | +332.4% |
| 2014 | 1.1% | -29.8% |
| 2015 | 2.3% | +101.3% |
| 2016 | 5.3% | +130.8% |
| 2017 | 4.7% | -11.7% |
| 2018 | 3.3% | -29.1% |
| 2019 | 2.0% | -39.9% |
| 2020 | -0.5% | -123.2% |
| 2021 | 5.1% | -1201.4% |
| 2022 | 12.1% | +137.9% |
| 2023 | 11.7% | -3.2% |
| 2024 | 4.8% | -58.7% |
| 2025 | 4.0% | -16.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5.2% | -1.8% | 12.2% | 2 |
| 2000s | 11.1% | 2.3% | 32.9% | 10 |
| 2010s | 2.3% | 0.3% | 5.3% | 10 |
| 2020s | 6.2% | -0.5% | 12.1% | 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 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)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 7,111 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 0.9183 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 0.4215 constant LCU per US$ of GDP (2025)
Frequently asked questions
- What is inflation, gdp deflator in Montenegro?
- Inflation, gdp deflator in Montenegro was 4.0% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest inflation, gdp deflator recorded in Montenegro?
- The highest recorded value was 32.9% in 2000.
- What is the lowest inflation, gdp deflator recorded in Montenegro?
- The lowest recorded value was -1.8% in 1998.
- How does Montenegro rank for inflation, gdp deflator?
- Montenegro ranks 84th out of 212 countries with data for 2025.
- Is inflation, gdp deflator rising or falling in Montenegro?
- Over the last ten years it is up 76.2%. The long-run trend across the full record is volatile.
- Where does this Montenegro data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Inflation, GDP deflator (annual %). Statizoid updates them automatically from the source API.
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About this data
Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.