Terms of trade adjustment in Montenegro
Montenegro: Terms of trade adjustment was 544.71 million constant LCU in 2025. ◆ Volatile
Terms of trade adjustment in Montenegro, 2006–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
In 2025, terms of trade adjustment in Montenegro stood at 544.71 million constant LCU.
Compared with earlier readings it is down 7.9% on the previous year and up 839.8% over ten years.
Over the whole period, terms of trade adjustment in Montenegro peaked at 619.25 million constant LCU in 2023 and was at its lowest, -76.18 million constant LCU, in 2006.
Montenegro ranks 80th of 178 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Terms of trade adjustment in Montenegro, year by year
| Year | constant LCU | Change |
|---|---|---|
| 2006 | -76.18 million constant LCU | — |
| 2007 | -32.38 million constant LCU | -57.5% |
| 2008 | -56.91 million constant LCU | +75.7% |
| 2009 | -24.41 million constant LCU | -57.1% |
| 2010 | 0 constant LCU | -100.0% |
| 2011 | -31.51 million constant LCU | — |
| 2012 | -50.48 million constant LCU | +60.2% |
| 2013 | -13.54 million constant LCU | -73.2% |
| 2014 | 21.17 million constant LCU | -256.3% |
| 2015 | 57.96 million constant LCU | +173.7% |
| 2016 | 159.92 million constant LCU | +175.9% |
| 2017 | 246.95 million constant LCU | +54.4% |
| 2018 | 320.06 million constant LCU | +29.6% |
| 2019 | 376.37 million constant LCU | +17.6% |
| 2020 | 133.11 million constant LCU | -64.6% |
| 2021 | 321.27 million constant LCU | +141.4% |
| 2022 | 469.12 million constant LCU | +46.0% |
| 2023 | 619.25 million constant LCU | +32.0% |
| 2024 | 591.66 million constant LCU | -4.5% |
| 2025 | 544.71 million constant LCU | -7.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -47.47 million constant LCU | -76.18 million constant LCU | -24.41 million constant LCU | 4 |
| 2010s | 108.69 million constant LCU | -50.48 million constant LCU | 376.37 million constant LCU | 10 |
| 2020s | 446.52 million constant LCU | 133.11 million constant LCU | 619.25 million constant LCU | 6 |
Countries ranked near Montenegro
- 77 Sudan 962.50 million constant LCU compare
- 78 Solomon Islands 940.40 million constant LCU compare
- 79 Sao Tome and Principe 805.18 million constant LCU compare
- 81 Bahrain 538.68 million constant LCU compare
- 82 Zimbabwe 402.35 million constant LCU compare
- 83 Slovenia 299.97 million constant LCU 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)
- 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)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 0.9183 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.4799 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is terms of trade adjustment in Montenegro?
- Terms of trade adjustment in Montenegro was 544.71 million constant LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest terms of trade adjustment recorded in Montenegro?
- The highest recorded value was 619.25 million constant LCU in 2023.
- What is the lowest terms of trade adjustment recorded in Montenegro?
- The lowest recorded value was -76.18 million constant LCU in 2006.
- How does Montenegro rank for terms of trade adjustment?
- Montenegro ranks 80th out of 178 countries with data for 2025.
- Is terms of trade adjustment rising or falling in Montenegro?
- Over the last ten years it is up 839.8%. The long-run trend across the full record is volatile.
- Where does this Montenegro data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Terms of trade adjustment (constant LCU). Statizoid updates them automatically from the source API.
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About this data
The terms of trade adjustment is equal to the capacity to import (current price value of exports of goods and services deflated by the import price index) less exports of goods and services in constant prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.