Value of imported goods as a share of GDP in Montenegro
Montenegro: Value of imported goods as a share of GDP was 53.1% in 2024. ▼ Falling
Value of imported goods as a share of GDP in Montenegro, 2006–2024
Source: International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data. Measured in %.
Analysis
The most recent figure for value of imported goods as a share of gdp in Montenegro is 53.1%, measured in 2024.
That represents a change of down 0.5% on the previous year and up 4.2% over ten years.
Over the whole period, value of imported goods as a share of gdp in Montenegro peaked at 79.6% in 2008 and was at its lowest, 49.7%, in 2010.
That places Montenegro 38th out of 201 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently falling across the 19 years of available data.
Value of imported goods as a share of GDP in Montenegro, year by year
| Year | % | Change |
|---|---|---|
| 2006 | 67.3% | — |
| 2007 | 77.0% | +14.5% |
| 2008 | 79.6% | +3.3% |
| 2009 | 53.0% | -33.4% |
| 2010 | 49.7% | -6.2% |
| 2011 | 55.6% | +11.9% |
| 2012 | 56.5% | +1.6% |
| 2013 | 52.5% | -7.1% |
| 2014 | 51.0% | -2.9% |
| 2015 | 50.1% | -1.8% |
| 2016 | 51.7% | +3.3% |
| 2017 | 54.2% | +4.9% |
| 2018 | 55.3% | +2.0% |
| 2019 | 53.0% | -4.2% |
| 2020 | 50.1% | -5.5% |
| 2021 | 50.5% | +0.8% |
| 2022 | 59.0% | +17.0% |
| 2023 | 53.4% | -9.6% |
| 2024 | 53.1% | -0.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 69.2% | 53.0% | 79.6% | 4 |
| 2010s | 53.0% | 49.7% | 56.5% | 10 |
| 2020s | 53.2% | 50.1% | 59.0% | 5 |
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)
- Total reserves minus gold (current US$), annual growth rate 26.12 % change on previous year (2025)
- Total reserves minus gold (current US$), per unit of GDP 0.2379 current US$ per US$ of GDP (2025)
- Total reserves minus gold (current US$), per capita 3,525 current US$ per person (2025)
- General government final consumption expenditure (current US$) 10.11 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 0.1741 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$), per 2,579 current US$ per person (2025)
- General government final consumption expenditure (current LCU) 5.47 % change on previous year (2025)
- General government final consumption expenditure (current LCU), per 0.154 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is value of imported goods as a share of gdp in Montenegro?
- Value of imported goods as a share of gdp in Montenegro was 53.1% in 2024, according to International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data.
- What is the highest value of imported goods as a share of gdp recorded in Montenegro?
- The highest recorded value was 79.6% in 2008.
- What is the lowest value of imported goods as a share of gdp recorded in Montenegro?
- The lowest recorded value was 49.7% in 2010.
- How does Montenegro rank for value of imported goods as a share of gdp?
- Montenegro ranks 38th out of 201 countries with data for 2024.
- Is value of imported goods as a share of gdp rising or falling in Montenegro?
- Over the last ten years it is up 4.2%. The long-run trend across the full record is falling.
- Where does this Montenegro data come from?
- The figures come from International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data, published as part of Value of imported goods as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Value of a country’s total goods imports, including freight and insurance costs, as a percentage of a country’s gross domestic product (GDP).