Spending by international visitors while visiting a country as a share of GDP in Montenegro
Montenegro: Spending by international visitors while visiting a country as a share of GDP was 19.8% in 2024. ▼ Falling
Spending by international visitors while visiting a country as a share of GDP in Montenegro, 2007–2024
Source: UN Tourism (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Measured in %.
Analysis
Montenegro recorded 19.8% for spending by international visitors while visiting a country as a share of gdp in 2024.
That represents a change of down 10.2% on the previous year and down 5.6% over ten years.
Over the whole period, spending by international visitors while visiting a country as a share of gdp in Montenegro peaked at 23.6% in 2015 and was at its lowest, 3.8%, in 2020.
Montenegro ranks 22nd of 191 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 18 years of available data.
Spending by international visitors while visiting a country as a share of GDP in Montenegro, year by year
| Year | % | Change |
|---|---|---|
| 2007 | 17.9% | — |
| 2008 | 18.8% | +5.1% |
| 2009 | 19.0% | +1.1% |
| 2010 | 18.5% | -2.9% |
| 2011 | 20.5% | +11.1% |
| 2012 | 21.1% | +2.8% |
| 2013 | 21.0% | -0.5% |
| 2014 | 20.9% | -0.3% |
| 2015 | 23.6% | +12.8% |
| 2016 | 22.4% | -4.9% |
| 2017 | 23.1% | +2.9% |
| 2018 | 22.5% | -2.5% |
| 2019 | 23.3% | +3.4% |
| 2020 | 3.8% | -83.7% |
| 2021 | 15.5% | +307.9% |
| 2022 | 17.7% | +14.4% |
| 2023 | 22.0% | +24.2% |
| 2024 | 19.8% | -10.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 18.6% | 17.9% | 19.0% | 3 |
| 2010s | 21.7% | 18.5% | 23.6% | 10 |
| 2020s | 15.8% | 3.8% | 22.0% | 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)
- Gross capital formation (current US$), annual growth rate 16.13 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.2693 current US$ per US$ of GDP (2025)
- Gross capital formation (current US$), per capita 3,991 current US$ per person (2025)
- Gross capital formation (current LCU), annual growth rate 11.24 % change on previous year (2025)
- Gross capital formation (current LCU), per unit of GDP 0.2384 current LCU per US$ of GDP (2025)
- Gross capital formation (current LCU), per capita 3,532 current LCU per person (2025)
- Gross capital formation (constant 2015 US$), annual growth rate 8.03 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1827 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is spending by international visitors while visiting a country as a share of gdp in Montenegro?
- Spending by international visitors while visiting a country as a share of gdp in Montenegro was 19.8% in 2024, according to UN Tourism (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data.
- What is the highest spending by international visitors while visiting a country as a share of gdp recorded in Montenegro?
- The highest recorded value was 23.6% in 2015.
- What is the lowest spending by international visitors while visiting a country as a share of gdp recorded in Montenegro?
- The lowest recorded value was 3.8% in 2020.
- How does Montenegro rank for spending by international visitors while visiting a country as a share of gdp?
- Montenegro ranks 22nd out of 191 countries with data for 2024.
- Is spending by international visitors while visiting a country as a share of gdp rising or falling in Montenegro?
- Over the last ten years it is down 5.6%. The long-run trend across the full record is falling.
- Where does this Montenegro data come from?
- The figures come from UN Tourism (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as part of Spending by international visitors while visiting a country as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Money received by the destination country from foreign visitors, including spending on accommodation, food, transport, entertainment, shopping, and fares paid to the country’s own airlines, as a share of, as a share of GDP.