Gross domestic product (GDP) in Montenegro
Montenegro: Gross domestic product (GDP) was 2.79 billion current GBP in 2014. ▲ Rising
Gross domestic product (GDP) in Montenegro, 2000–2014
Source: Fouquin and Hugot (2016) – processed by Our World in Data. Measured in current GBP.
Analysis
Montenegro recorded 2.79 billion current GBP for gross domestic product (gdp) in 2014.
That represents a change of down 2.4% on the previous year and up 146.2% over ten years.
Over the whole period, gross domestic product (gdp) in Montenegro peaked at 2.86 billion current GBP in 2013 and was at its lowest, 650.54 million current GBP, in 2000.
Montenegro ranks 158th of 200 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 15 years of available data.
Gross domestic product (GDP) in Montenegro, year by year
| Year | current GBP | Change |
|---|---|---|
| 2000 | 650.54 million current GBP | — |
| 2001 | 805.72 million current GBP | +23.9% |
| 2002 | 857.05 million current GBP | +6.4% |
| 2003 | 1.05 billion current GBP | +22.0% |
| 2004 | 1.13 billion current GBP | +8.3% |
| 2005 | 1.24 billion current GBP | +9.6% |
| 2006 | 1.47 billion current GBP | +18.0% |
| 2007 | 1.83 billion current GBP | +25.1% |
| 2008 | 2.46 billion current GBP | +34.1% |
| 2009 | 2.66 billion current GBP | +8.1% |
| 2010 | 2.68 billion current GBP | +0.8% |
| 2011 | 2.83 billion current GBP | +5.7% |
| 2012 | 2.59 billion current GBP | -8.6% |
| 2013 | 2.86 billion current GBP | +10.4% |
| 2014 | 2.79 billion current GBP | -2.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.41 billion current GBP | 650.54 million current GBP | 2.66 billion current GBP | 10 |
| 2010s | 2.75 billion current GBP | 2.59 billion current GBP | 2.86 billion current GBP | 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)
- Services, value added (constant LCU), per capita 4,801 constant LCU per person (2025)
- GDP deflator (base year varies by country), annual growth rate 4.03 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 9.56 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.78 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 11,557 current US$ per person (2025)
- 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)
Frequently asked questions
- What is gross domestic product (gdp) in Montenegro?
- Gross domestic product (gdp) in Montenegro was 2.79 billion current GBP in 2014, according to Fouquin and Hugot (2016) – processed by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Montenegro?
- The highest recorded value was 2.86 billion current GBP in 2013.
- What is the lowest gross domestic product (gdp) recorded in Montenegro?
- The lowest recorded value was 650.54 million current GBP in 2000.
- How does Montenegro rank for gross domestic product (gdp)?
- Montenegro ranks 158th out of 200 countries with data for 2014.
- Is gross domestic product (gdp) rising or falling in Montenegro?
- Over the last ten years it is up 146.2%. The long-run trend across the full record is rising.
- Where does this Montenegro data come from?
- The figures come from Fouquin and Hugot (2016) – processed by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
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About this data
This data is expressed in British pounds. It is not adjusted for inflation or differences in living costs between countries.