GDP (constant LCU) (UNESCO Institute) in Montenegro
Montenegro: GDP (constant LCU) (UNESCO Institute) was 4.50 billion constant LCU in 2024. ▲ Rising
Latest (2024)
4.50 billion constant LCU
Change on year
up 3.0%
World rank
188th
of 212 countries
All-time high
4.50 billion constant LCU
in 2024
All-time low
2.19 billion constant LCU
in 1999
Years of data
28
1997–2024
GDP in Montenegro, 1997–2024
Source: UNESCO Institute for Statistics. Measured in constant LCU.
Analysis
The most recent figure for gdp in Montenegro is 4.50 billion constant LCU, measured in 2024. That is the highest value across all 28 years on record.
Compared with earlier readings it is up 3.0% on the previous year and up 36.0% over ten years.
Over the whole period, gdp in Montenegro peaked at 4.50 billion constant LCU in 2024 and was at its lowest, 2.19 billion constant LCU, in 1999.
Montenegro ranks 188th of 212 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 28 years of available data.
GDP (constant LCU) (UNESCO Institute) in Montenegro, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1997 | 2.31 billion constant LCU | — |
| 1998 | 2.42 billion constant LCU | +4.9% |
| 1999 | 2.19 billion constant LCU | -9.4% |
| 2000 | 2.26 billion constant LCU | +3.1% |
| 2001 | 2.29 billion constant LCU | +1.1% |
| 2002 | 2.33 billion constant LCU | +1.9% |
| 2003 | 2.39 billion constant LCU | +2.5% |
| 2004 | 2.49 billion constant LCU | +4.4% |
| 2005 | 2.60 billion constant LCU | +4.2% |
| 2006 | 2.82 billion constant LCU | +8.6% |
| 2007 | 3.01 billion constant LCU | +6.8% |
| 2008 | 3.23 billion constant LCU | +7.2% |
| 2009 | 3.04 billion constant LCU | -5.8% |
| 2010 | 3.13 billion constant LCU | +2.7% |
| 2011 | 3.23 billion constant LCU | +3.2% |
| 2012 | 3.14 billion constant LCU | -2.7% |
| 2013 | 3.25 billion constant LCU | +3.5% |
| 2014 | 3.31 billion constant LCU | +1.8% |
| 2015 | 3.42 billion constant LCU | +3.4% |
| 2016 | 3.52 billion constant LCU | +2.9% |
| 2017 | 3.69 billion constant LCU | +4.7% |
| 2018 | 3.87 billion constant LCU | +5.1% |
| 2019 | 4.03 billion constant LCU | +4.1% |
| 2020 | 3.41 billion constant LCU | -15.3% |
| 2021 | 3.86 billion constant LCU | +13.0% |
| 2022 | 4.11 billion constant LCU | +6.4% |
| 2023 | 4.37 billion constant LCU | +6.3% |
| 2024 | 4.50 billion constant LCU | +3.0% |
Montenegro compared with similar countries
- Montenegro's 4.50 billion constant LCU is below the median for upper middle income countries, which is 563.52 billion constant LCU, 1% of the median. (58 countries reporting)
- Montenegro's 4.50 billion constant LCU is below the median for Europe & Central Asia, which is 410.71 billion constant LCU, 1% of the median. (55 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.31 billion constant LCU | 2.19 billion constant LCU | 2.42 billion constant LCU | 3 |
| 2000s | 2.65 billion constant LCU | 2.26 billion constant LCU | 3.23 billion constant LCU | 10 |
| 2010s | 3.46 billion constant LCU | 3.13 billion constant LCU | 4.03 billion constant LCU | 10 |
| 2020s | 4.05 billion constant LCU | 3.41 billion constant LCU | 4.50 billion constant LCU | 5 |
Countries ranked near Montenegro
- 185 Isle of Man 4.74 billion constant LCU compare
- 186 Antigua and Barbuda 4.74 billion constant LCU compare
- 187 Curacao 4.58 billion constant LCU compare
- 189 Sao Tome and Principe 4.21 billion constant LCU compare
- 190 Liberia 4.02 billion constant LCU compare
- 191 United States Virgin Islands 3.99 billion constant LCU 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 in Montenegro?
- Gdp in Montenegro was 4.50 billion constant LCU in 2024, according to UNESCO Institute for Statistics.
- What is the highest gdp recorded in Montenegro?
- The highest recorded value was 4.50 billion constant LCU in 2024.
- What is the lowest gdp recorded in Montenegro?
- The lowest recorded value was 2.19 billion constant LCU in 1999.
- How does Montenegro rank for gdp?
- Montenegro ranks 188th out of 212 countries with data for 2024.
- Is gdp 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 (constant LCU). 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