Personal remittances, received in Montenegro

Montenegro: Personal remittances, received was 10.34 in 2024. ▲ Rising

Latest (2024)
10.34
Change on year
down 1.8%
World rank
10th
of 69 countries
All-time high
13.6
in 2021
All-time low
5.34
in 2007
Years of data
18
2007–2024

Personal remittances, received in Montenegro, 2007–2024

0510152007201520242007: 5.32008: 6.62009: 7.32010: 10.12011: 11.32012: 12.52013: 12.32014: 11.92015: 11.72016: 112017: 10.92018: 10.82019: 10.72020: 12.72021: 13.62022: 13.32023: 10.52024: 10.3

Source: UNICEF.

Analysis

In 2024, personal remittances, received in Montenegro stood at 10.34.

That represents a change of down 1.8% on the previous year and down 12.8% over ten years.

Over the whole period, personal remittances, received in Montenegro peaked at 13.6 in 2021 and was at its lowest, 5.34, in 2007.

Montenegro ranks 10th of 69 countries on this measure, in the top quarter.

The long-run direction has been consistently rising across the 18 years of available data.

Personal remittances, received in Montenegro, year by year

Annual values for Personal remittances, received (% of GDP) in Montenegro, 2007 to 2024.
Year Value Change
2007 5.34
2008 6.56 +22.9%
2009 7.32 +11.5%
2010 10.05 +37.4%
2011 11.31 +12.4%
2012 12.46 +10.2%
2013 12.33 -1.1%
2014 11.86 -3.8%
2015 11.71 -1.3%
2016 11.03 -5.8%
2017 10.89 -1.3%
2018 10.84 -0.4%
2019 10.66 -1.7%
2020 12.72 +19.3%
2021 13.6 +7.0%
2022 13.28 -2.4%
2023 10.53 -20.7%
2024 10.34 -1.8%

Averages by decade

DecadeAverage LowestHighest Years
2000s 6.41 5.34 7.32 3
2010s 11.31 10.05 12.46 10
2020s 12.09 10.34 13.6 5

Countries ranked near Montenegro

  1. 7 Georgia 11.87 compare
  2. 8 Bosnia and Herzegovina 10.55 compare
  3. 9 Republic of Moldova 10.54 compare
  4. 11 Albania 8.41 compare
  5. 12 Jordan 8.31 compare
  6. 13 Morocco 7.79 compare

See the full ranking of 69 places →

More economy & growth data for Montenegro

All data for Montenegro →

Frequently asked questions

What is personal remittances, received in Montenegro?
Personal remittances, received in Montenegro was 10.34 in 2024, according to UNICEF.
What is the highest personal remittances, received recorded in Montenegro?
The highest recorded value was 13.6 in 2021.
What is the lowest personal remittances, received recorded in Montenegro?
The lowest recorded value was 5.34 in 2007.
How does Montenegro rank for personal remittances, received?
Montenegro ranks 10th out of 69 countries with data for 2024.
Is personal remittances, received rising or falling in Montenegro?
Over the last ten years it is down 12.8%. The long-run trend across the full record is rising.
Where does this Montenegro data come from?
The figures come from UNICEF, published as part of Personal remittances, received (% of GDP). Statizoid updates them automatically from the source API.

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Personal remittances, received in Montenegro. Statizoid, drawing on UNICEF. Retrieved 04 September 2026, from https://economy.statizoid.com/stat/personal-remittances-received-percent-of-gdp-2/montenegro/

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About this data

Indicator
Personal remittances, received (% of GDP)
Source
UNICEF
Licence
UNICEF Terms of Use (attribution required)
Coverage
69 places, 2,409 data points, 1970–2024
Last refreshed