Trade in services in Montenegro
Montenegro: Trade in services was 46.7% in 2025. ▲ Rising
Trade in services in Montenegro, 2007–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2025, trade in services in Montenegro stood at 46.7%.
The figure is down 5.9% on the previous year and up 3.0% over ten years.
Over the whole period, trade in services in Montenegro peaked at 54.4% in 2023 and was at its lowest, 28.6%, in 2020.
Montenegro ranks 38th of 200 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 19 years of available data.
Trade in services in Montenegro, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2007 | 36.0% | — |
| 2008 | 39.6% | +9.8% |
| 2009 | 36.6% | -7.6% |
| 2010 | 35.8% | -2.0% |
| 2011 | 37.8% | +5.5% |
| 2012 | 40.2% | +6.4% |
| 2013 | 40.0% | -0.4% |
| 2014 | 39.7% | -0.7% |
| 2015 | 45.3% | +14.1% |
| 2016 | 44.4% | -2.1% |
| 2017 | 45.7% | +2.9% |
| 2018 | 47.3% | +3.6% |
| 2019 | 48.7% | +3.0% |
| 2020 | 28.6% | -41.4% |
| 2021 | 45.3% | +58.5% |
| 2022 | 54.1% | +19.5% |
| 2023 | 54.4% | +0.5% |
| 2024 | 49.6% | -8.8% |
| 2025 | 46.7% | -5.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 37.4% | 36.0% | 39.6% | 3 |
| 2010s | 42.5% | 35.8% | 48.7% | 10 |
| 2020s | 46.4% | 28.6% | 54.4% | 6 |
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)
- Imports of goods and services (constant 2015 US$), annual growth rate 2.51 % change on previous year (2025)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.5032 constant 2015 US$ per US$ of GDP (2025)
- Imports of goods and services (constant 2015 US$), per capita 7,456 constant 2015 US$ per person (2025)
- External balance on goods and services (current US$), annual growth -27.48 % change on previous year (2025)
- External balance on goods and services (current LCU), annual growth -22.11 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual 3.01 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.0298 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 441.48 current LCU per person (2025)
Frequently asked questions
- What is trade in services in Montenegro?
- Trade in services in Montenegro was 46.7% in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest trade in services recorded in Montenegro?
- The highest recorded value was 54.4% in 2023.
- What is the lowest trade in services recorded in Montenegro?
- The lowest recorded value was 28.6% in 2020.
- How does Montenegro rank for trade in services?
- Montenegro ranks 38th out of 200 countries with data for 2025.
- Is trade in services rising or falling in Montenegro?
- Over the last ten years it is up 3.0%. The long-run trend across the full record is rising.
- Where does this Montenegro data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Trade in services (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Total trade in services includes services provided by residents to non-residents plus services provided by non-residents to residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.