GDP (current LCU) (UNESCO Institute) in Montenegro
Montenegro: GDP (current LCU) (UNESCO Institute) was 7.46 billion current LCU in 2024. ◆ Volatile
Latest (2024)
7.46 billion current LCU
Change on year
up 7.1%
World rank
181st
of 211 countries
All-time high
7.46 billion current LCU
in 2024
All-time low
743.23 million current LCU
in 1997
Years of data
28
1997–2024
GDP in Montenegro, 1997–2024
Source: UNESCO Institute for Statistics. Measured in current LCU.
Analysis
Montenegro recorded 7.46 billion current LCU for gdp in 2024. That is the highest value across all 28 years on record.
The figure is up 7.1% on the previous year and up 115.7% over ten years.
Over the whole period, gdp in Montenegro peaked at 7.46 billion current LCU in 2024 and was at its lowest, 743.23 million current LCU, in 1997.
That places Montenegro 181st out of 211 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP (current LCU) (UNESCO Institute) in Montenegro, year by year
| Year | current LCU | Change |
|---|---|---|
| 1997 | 743.23 million current LCU | — |
| 1998 | 765.42 million current LCU | +3.0% |
| 1999 | 777.79 million current LCU | +1.6% |
| 2000 | 1.07 billion current LCU | +37.0% |
| 2001 | 1.30 billion current LCU | +21.5% |
| 2002 | 1.36 billion current LCU | +5.0% |
| 2003 | 1.51 billion current LCU | +11.0% |
| 2004 | 1.67 billion current LCU | +10.6% |
| 2005 | 1.81 billion current LCU | +8.7% |
| 2006 | 2.17 billion current LCU | +19.5% |
| 2007 | 2.69 billion current LCU | +23.9% |
| 2008 | 3.10 billion current LCU | +15.4% |
| 2009 | 2.99 billion current LCU | -3.5% |
| 2010 | 3.13 billion current LCU | +4.4% |
| 2011 | 3.26 billion current LCU | +4.5% |
| 2012 | 3.18 billion current LCU | -2.6% |
| 2013 | 3.36 billion current LCU | +5.7% |
| 2014 | 3.46 billion current LCU | +2.8% |
| 2015 | 3.65 billion current LCU | +5.7% |
| 2016 | 3.95 billion current LCU | +8.2% |
| 2017 | 4.30 billion current LCU | +8.7% |
| 2018 | 4.66 billion current LCU | +8.5% |
| 2019 | 4.95 billion current LCU | +6.2% |
| 2020 | 4.19 billion current LCU | -15.5% |
| 2021 | 4.96 billion current LCU | +18.4% |
| 2022 | 5.92 billion current LCU | +19.6% |
| 2023 | 6.96 billion current LCU | +17.5% |
| 2024 | 7.46 billion current LCU | +7.1% |
Montenegro compared with similar countries
- Montenegro's 7.46 billion current LCU is below the median for upper middle income countries, which is 913.58 billion current LCU, 1% of the median. (58 countries reporting)
- Montenegro's 7.46 billion current LCU is below the median for Europe & Central Asia, which is 481.94 billion current LCU, 2% of the median. (55 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 762.15 million current LCU | 743.23 million current LCU | 777.79 million current LCU | 3 |
| 2000s | 1.97 billion current LCU | 1.07 billion current LCU | 3.10 billion current LCU | 10 |
| 2010s | 3.79 billion current LCU | 3.13 billion current LCU | 4.95 billion current LCU | 10 |
| 2020s | 5.90 billion current LCU | 4.19 billion current LCU | 7.46 billion current LCU | 5 |
Countries ranked near Montenegro
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 7.46 billion current LCU in 2024, according to UNESCO Institute for Statistics.
- What is the highest gdp recorded in Montenegro?
- The highest recorded value was 7.46 billion current LCU in 2024.
- What is the lowest gdp recorded in Montenegro?
- The lowest recorded value was 743.23 million current LCU in 1997.
- How does Montenegro rank for gdp?
- Montenegro ranks 181st out of 211 countries with data for 2024.
- Is gdp rising or falling in Montenegro?
- Over the last ten years it is up 115.7%. The long-run trend across the full record is volatile.
- Where does this Montenegro data come from?
- The figures come from UNESCO Institute for Statistics, published as part of GDP (current 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