Purchasing power: based on COICOP 1999 in Montenegro
Montenegro: Purchasing power: based on COICOP 1999 was 0.561 in 2024. ▲ Rising
Latest (2024)
0.561
Change on year
down 0.3%
World rank
51st
of 51 countries
All-time high
0.5626
in 2023
All-time low
0.3533
in 2000
Years of data
25
2000–2024
Purchasing power parities, price level indices, nominal and real in Montenegro, 2000–2024
Source: Eurostat.
Analysis
Montenegro recorded 0.561 for purchasing power parities, price level indices, nominal and real in 2024.
That represents a change of down 0.3% on the previous year and up 11.1% over ten years.
Over the whole period, purchasing power parities, price level indices, nominal and real in Montenegro peaked at 0.5626 in 2023 and was at its lowest, 0.3533, in 2000.
Montenegro ranks 51st of 51 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 25 years of available data.
Purchasing power: based on COICOP 1999 in Montenegro, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 0.3533 | — |
| 2001 | 0.3804 | +7.7% |
| 2002 | 0.3832 | +0.7% |
| 2003 | 0.4092 | +6.8% |
| 2004 | 0.4248 | +3.8% |
| 2005 | 0.4339 | +2.1% |
| 2006 | 0.4242 | -2.2% |
| 2007 | 0.4438 | +4.6% |
| 2008 | 0.4691 | +5.7% |
| 2009 | 0.4923 | +4.9% |
| 2010 | 0.4888 | -0.7% |
| 2011 | 0.4882 | -0.1% |
| 2012 | 0.5007 | +2.6% |
| 2013 | 0.5043 | +0.7% |
| 2014 | 0.5048 | +0.1% |
| 2015 | 0.5002 | -0.9% |
| 2016 | 0.5026 | +0.5% |
| 2017 | 0.5109 | +1.7% |
| 2018 | 0.5138 | +0.5% |
| 2019 | 0.507 | -1.3% |
| 2020 | 0.5021 | -1.0% |
| 2021 | 0.5213 | +3.8% |
| 2022 | 0.5492 | +5.4% |
| 2023 | 0.5626 | +2.4% |
| 2024 | 0.561 | -0.3% |
Montenegro compared with similar countries
- Montenegro's 0.561 is below the median for Europe & Central Asia, which is 1.15, 49% of the median. (35 countries reporting)
- Montenegro's 0.561 is below the median for upper middle income countries, which is 31.19, 2% of the median. (5 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.4214 | 0.3533 | 0.4923 | 10 |
| 2010s | 0.5021 | 0.4882 | 0.5138 | 10 |
| 2020s | 0.5392 | 0.5021 | 0.5626 | 5 |
Countries ranked near Montenegro
More economy & growth data for Montenegro
- Real gdp growth, annual growth rate -14.66 % change on previous year (2025)
- 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)
- SDRs holdings, US dollar, annual growth rate 4.46 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0103 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 151.96 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.5233 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0075 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 110.96 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -21.12 % change on previous year (2025)
Frequently asked questions
- What is purchasing power parities, price level indices, nominal and real in Montenegro?
- Purchasing power parities, price level indices, nominal and real in Montenegro was 0.561 in 2024, according to Eurostat.
- What is the highest purchasing power parities, price level indices, nominal and real recorded in Montenegro?
- The highest recorded value was 0.5626 in 2023.
- What is the lowest purchasing power parities, price level indices, nominal and real recorded in Montenegro?
- The lowest recorded value was 0.3533 in 2000.
- How does Montenegro rank for purchasing power parities, price level indices, nominal and real?
- Montenegro ranks 51st out of 51 countries with data for 2024.
- Is purchasing power parities, price level indices, nominal and real rising or falling in Montenegro?
- Over the last ten years it is up 11.1%. The long-run trend across the full record is rising.
- Where does this Montenegro data come from?
- The figures come from Eurostat, published as part of Purchasing power parities, price level indices, nominal and real expenditures by analytical categories - based on COICOP 1999. Statizoid updates them automatically from the source API.
Download this data
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