GDP at market prices (constant 2010 US$) in Montenegro
Montenegro: GDP at market prices (constant 2010 US$) was 5.34 billion constant 2010 US$ in 2024. ▲ Rising
Latest (2024)
5.34 billion constant 2010 US$
Change on year
up 3.0%
World rank
164th
of 208 countries
All-time high
5.34 billion constant 2010 US$
in 2024
All-time low
2.60 billion constant 2010 US$
in 1999
Years of data
28
1997–2024
GDP at market prices in Montenegro, 1997–2024
Source: UNESCO Institute for Statistics. Measured in constant 2010 US$.
Analysis
The most recent figure for gdp at market prices in Montenegro is 5.34 billion constant 2010 US$, measured in 2024. That is the highest value across all 28 years on record.
That represents a change of up 3.0% on the previous year and up 36.0% over ten years.
Over the whole period, gdp at market prices in Montenegro peaked at 5.34 billion constant 2010 US$ in 2024 and was at its lowest, 2.60 billion constant 2010 US$, in 1999.
That places Montenegro 164th out of 208 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 28 years of available data.
GDP at market prices (constant 2010 US$) in Montenegro, year by year
| Year | constant 2010 US$ | Change |
|---|---|---|
| 1997 | 2.74 billion constant 2010 US$ | — |
| 1998 | 2.87 billion constant 2010 US$ | +4.9% |
| 1999 | 2.60 billion constant 2010 US$ | -9.4% |
| 2000 | 2.68 billion constant 2010 US$ | +3.1% |
| 2001 | 2.71 billion constant 2010 US$ | +1.1% |
| 2002 | 2.76 billion constant 2010 US$ | +1.9% |
| 2003 | 2.83 billion constant 2010 US$ | +2.5% |
| 2004 | 2.96 billion constant 2010 US$ | +4.4% |
| 2005 | 3.08 billion constant 2010 US$ | +4.2% |
| 2006 | 3.34 billion constant 2010 US$ | +8.6% |
| 2007 | 3.57 billion constant 2010 US$ | +6.8% |
| 2008 | 3.83 billion constant 2010 US$ | +7.2% |
| 2009 | 3.61 billion constant 2010 US$ | -5.8% |
| 2010 | 3.71 billion constant 2010 US$ | +2.7% |
| 2011 | 3.83 billion constant 2010 US$ | +3.2% |
| 2012 | 3.72 billion constant 2010 US$ | -2.7% |
| 2013 | 3.85 billion constant 2010 US$ | +3.5% |
| 2014 | 3.92 billion constant 2010 US$ | +1.8% |
| 2015 | 4.05 billion constant 2010 US$ | +3.4% |
| 2016 | 4.17 billion constant 2010 US$ | +2.9% |
| 2017 | 4.37 billion constant 2010 US$ | +4.7% |
| 2018 | 4.59 billion constant 2010 US$ | +5.1% |
| 2019 | 4.78 billion constant 2010 US$ | +4.1% |
| 2020 | 4.05 billion constant 2010 US$ | -15.3% |
| 2021 | 4.58 billion constant 2010 US$ | +13.0% |
| 2022 | 4.87 billion constant 2010 US$ | +6.4% |
| 2023 | 5.18 billion constant 2010 US$ | +6.3% |
| 2024 | 5.34 billion constant 2010 US$ | +3.0% |
Montenegro compared with similar countries
- Montenegro's 5.34 billion constant 2010 US$ is below the median for upper middle income countries, which is 46.21 billion constant 2010 US$, 12% of the median. (58 countries reporting)
- Montenegro's 5.34 billion constant 2010 US$ is below the median for Europe & Central Asia, which is 69.56 billion constant 2010 US$, 8% of the median. (54 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.74 billion constant 2010 US$ | 2.60 billion constant 2010 US$ | 2.87 billion constant 2010 US$ | 3 |
| 2000s | 3.14 billion constant 2010 US$ | 2.68 billion constant 2010 US$ | 3.83 billion constant 2010 US$ | 10 |
| 2010s | 4.10 billion constant 2010 US$ | 3.71 billion constant 2010 US$ | 4.78 billion constant 2010 US$ | 10 |
| 2020s | 4.80 billion constant 2010 US$ | 4.05 billion constant 2010 US$ | 5.34 billion constant 2010 US$ | 5 |
Countries ranked near Montenegro
- 161 Barbados 5.78 billion constant 2010 US$ compare
- 162 Guam 5.72 billion constant 2010 US$ compare
- 163 Fiji 5.50 billion constant 2010 US$ compare
- 165 Eswatini 4.76 billion constant 2010 US$ compare
- 166 Suriname 4.65 billion constant 2010 US$ compare
- 167 United States Virgin Islands 3.90 billion constant 2010 US$ compare
More population data for Montenegro
- Population regions with projections, annual growth rate -1.13 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate -0.7975 % change on previous year (2050)
- Population long run with projections, annual growth rate -1.13 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate -0.7672 % change on previous year (2100)
- Africa's Development Dynamics (AfDD) Table 05 - Demographic estimates 586.38 Persons (2050)
- Africa's Development Dynamics (AfDD) Table 03 - Annual population -0.1561 Percent per annum (2030)
- Projected population under age 5, annual growth rate -1.2 % change on previous year (2100)
- Population growth rate -1.14 (2100)
- Population density 24.24 (2100)
- Projected population under age 5 12,323 (2100)
Frequently asked questions
- What is gdp at market prices in Montenegro?
- Gdp at market prices in Montenegro was 5.34 billion constant 2010 US$ in 2024, according to UNESCO Institute for Statistics.
- What is the highest gdp at market prices recorded in Montenegro?
- The highest recorded value was 5.34 billion constant 2010 US$ in 2024.
- What is the lowest gdp at market prices recorded in Montenegro?
- The lowest recorded value was 2.60 billion constant 2010 US$ in 1999.
- How does Montenegro rank for gdp at market prices?
- Montenegro ranks 164th out of 208 countries with data for 2024.
- Is gdp at market prices rising or falling in Montenegro?
- Over the last ten years it is up 36.0%. The long-run trend across the full record is rising.
- Where does this Montenegro data come from?
- The figures come from UNESCO Institute for Statistics, published as part of GDP at market prices (constant 2010 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 28 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release