Personal remittances, paid (current US$), per square kilometre in Montenegro
Montenegro: Personal remittances, paid (current US$), per square kilometre was 10,750 current US$ per square kilometre in 2023. ◆ Volatile
Personal remittances, paid (current US$), per square kilometre in Montenegro, 2007–2023
Source: Statizoid (derived). Measured in current US$ per square kilometre.
Analysis
Montenegro recorded 10,750 current US$ per square kilometre for personal remittances, paid (current us$), per square kilometre in 2023. That is the highest value across all 17 years on record.
Compared with earlier readings it is up 17.2% on the previous year and up 125.0% over ten years.
Over the whole period, personal remittances, paid (current us$), per square kilometre in Montenegro peaked at 10,750 current US$ per square kilometre in 2023 and was at its lowest, 1,929 current US$ per square kilometre, in 2009.
That places Montenegro 71st out of 194 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Personal remittances, paid (current US$), per square kilometre in Montenegro, year by year
| Year | current US$ per square kilometre | Change |
|---|---|---|
| 2007 | 2,014 current US$ per square kilometre | — |
| 2008 | 2,028 current US$ per square kilometre | +0.7% |
| 2009 | 1,929 current US$ per square kilometre | -4.9% |
| 2010 | 2,426 current US$ per square kilometre | +25.8% |
| 2011 | 3,235 current US$ per square kilometre | +33.3% |
| 2012 | 3,911 current US$ per square kilometre | +20.9% |
| 2013 | 4,778 current US$ per square kilometre | +22.2% |
| 2014 | 5,365 current US$ per square kilometre | +12.3% |
| 2015 | 3,988 current US$ per square kilometre | -25.7% |
| 2016 | 4,455 current US$ per square kilometre | +11.7% |
| 2017 | 5,237 current US$ per square kilometre | +17.5% |
| 2018 | 8,234 current US$ per square kilometre | +57.2% |
| 2019 | 9,171 current US$ per square kilometre | +11.4% |
| 2020 | 7,304 current US$ per square kilometre | -20.4% |
| 2021 | 7,718 current US$ per square kilometre | +5.7% |
| 2022 | 9,175 current US$ per square kilometre | +18.9% |
| 2023 | 10,750 current US$ per square kilometre | +17.2% |
Montenegro compared with similar countries
- Montenegro's 10,750 current US$ per square kilometre is above the median for upper middle income countries, which is 2,995 current US$ per square kilometre, 3.6× the median. (53 countries reporting)
- Montenegro's 10,750 current US$ per square kilometre is below the median for Europe & Central Asia, which is 10,973 current US$ per square kilometre, 98% of the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1,990 current US$ per square kilometre | 1,929 current US$ per square kilometre | 2,028 current US$ per square kilometre | 3 |
| 2010s | 5,080 current US$ per square kilometre | 2,426 current US$ per square kilometre | 9,171 current US$ per square kilometre | 10 |
| 2020s | 8,737 current US$ per square kilometre | 7,304 current US$ per square kilometre | 10,750 current US$ per square kilometre | 4 |
Countries ranked near Montenegro
- 68 Timor-Leste 12,492 current US$ per square kilometre compare
- 69 Samoa 11,682 current US$ per square kilometre compare
- 70 Slovakia 11,195 current US$ per square kilometre compare
- 72 United States of America 10,746 current US$ per square kilometre compare
- 73 Serbia 10,690 current US$ per square kilometre compare
- 74 Costa Rica 10,570 current US$ per square kilometre 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 75.12 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0081 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 120.56 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 676.19 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 12.81 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0732 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,085 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 26.12 % change on previous year (2025)
Frequently asked questions
- What is personal remittances, paid (current us$), per square kilometre in Montenegro?
- Personal remittances, paid (current us$), per square kilometre in Montenegro was 10,750 current US$ per square kilometre in 2023, according to Statizoid (derived).
- What is the highest personal remittances, paid (current us$), per square kilometre recorded in Montenegro?
- The highest recorded value was 10,750 current US$ per square kilometre in 2023.
- What is the lowest personal remittances, paid (current us$), per square kilometre recorded in Montenegro?
- The lowest recorded value was 1,929 current US$ per square kilometre in 2009.
- How does Montenegro rank for personal remittances, paid (current us$), per square kilometre?
- Montenegro ranks 71st out of 194 countries with data for 2023.
- Is personal remittances, paid (current us$), per square kilometre rising or falling in Montenegro?
- Over the last ten years it is up 125.0%. The long-run trend across the full record is volatile.
- Where does this Montenegro data come from?
- The figures come from Statizoid (derived), published as part of Personal remittances, paid (current US$), per square kilometre. Statizoid updates them automatically from the source API.
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How this figure is calculated
Personal remittances, paid (current US$) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Personal remittances, paid (current US$) ÷ Land area (sq. km)
Computed from
- Personal remittances, paid IMF balance of payments data, International Monetary Fund (IMF)
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Personal remittances, paid (current US$) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.