GDP (current US$) (UNESCO Institute) in Montenegro
Montenegro: GDP (current US$) (UNESCO Institute) was 8.07 billion current US$ in 2024. ◆ Volatile
Latest (2024)
8.07 billion current US$
Change on year
up 7.2%
World rank
159th
of 211 countries
All-time high
8.07 billion current US$
in 2024
All-time low
828.95 million current US$
in 1999
Years of data
28
1997–2024
GDP in Montenegro, 1997–2024
Source: UNESCO Institute for Statistics. Measured in current US$.
Analysis
Montenegro recorded 8.07 billion current US$ for gdp in 2024. That is the highest value across all 28 years on record.
Compared with earlier readings it is up 7.2% on the previous year and up 75.7% over ten years.
Over the whole period, gdp in Montenegro peaked at 8.07 billion current US$ in 2024 and was at its lowest, 828.95 million current US$, in 1999.
That places Montenegro 159th out of 211 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP (current US$) (UNESCO Institute) in Montenegro, year by year
| Year | current US$ | Change |
|---|---|---|
| 1997 | 838.29 million current US$ | — |
| 1998 | 854.26 million current US$ | +1.9% |
| 1999 | 828.95 million current US$ | -3.0% |
| 2000 | 984.29 million current US$ | +18.7% |
| 2001 | 1.16 billion current US$ | +17.8% |
| 2002 | 1.28 billion current US$ | +10.8% |
| 2003 | 1.71 billion current US$ | +32.9% |
| 2004 | 2.07 billion current US$ | +21.4% |
| 2005 | 2.26 billion current US$ | +8.9% |
| 2006 | 2.72 billion current US$ | +20.6% |
| 2007 | 3.68 billion current US$ | +35.2% |
| 2008 | 4.55 billion current US$ | +23.5% |
| 2009 | 4.16 billion current US$ | -8.5% |
| 2010 | 4.14 billion current US$ | -0.4% |
| 2011 | 4.54 billion current US$ | +9.7% |
| 2012 | 4.09 billion current US$ | -10.1% |
| 2013 | 4.47 billion current US$ | +9.3% |
| 2014 | 4.59 billion current US$ | +2.9% |
| 2015 | 4.05 billion current US$ | -11.7% |
| 2016 | 4.38 billion current US$ | +7.9% |
| 2017 | 4.86 billion current US$ | +11.0% |
| 2018 | 5.51 billion current US$ | +13.4% |
| 2019 | 5.54 billion current US$ | +0.6% |
| 2020 | 4.77 billion current US$ | -13.9% |
| 2021 | 5.86 billion current US$ | +22.9% |
| 2022 | 6.23 billion current US$ | +6.3% |
| 2023 | 7.53 billion current US$ | +20.9% |
| 2024 | 8.07 billion current US$ | +7.2% |
Montenegro compared with similar countries
- Montenegro's 8.07 billion current US$ is below the median for upper middle income countries, which is 45.55 billion current US$, 18% of the median. (58 countries reporting)
- Montenegro's 8.07 billion current US$ is below the median for Europe & Central Asia, which is 93.20 billion current US$, 9% of the median. (55 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 840.50 million current US$ | 828.95 million current US$ | 854.26 million current US$ | 3 |
| 2000s | 2.46 billion current US$ | 984.29 million current US$ | 4.55 billion current US$ | 10 |
| 2010s | 4.62 billion current US$ | 4.05 billion current US$ | 5.54 billion current US$ | 10 |
| 2020s | 6.49 billion current US$ | 4.77 billion current US$ | 8.07 billion current US$ | 5 |
Countries ranked near Montenegro
- 156 New Caledonia 9.62 billion current US$ compare
- 157 Bermuda 8.98 billion current US$ compare
- 158 Liechtenstein 8.29 billion current US$ compare
- 160 Sierra Leone 7.55 billion current US$ compare
- 161 Isle of Man 7.43 billion current US$ compare
- 162 Barbados 7.17 billion current 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 in Montenegro?
- Gdp in Montenegro was 8.07 billion current US$ in 2024, according to UNESCO Institute for Statistics.
- What is the highest gdp recorded in Montenegro?
- The highest recorded value was 8.07 billion current US$ in 2024.
- What is the lowest gdp recorded in Montenegro?
- The lowest recorded value was 828.95 million current US$ in 1999.
- How does Montenegro rank for gdp?
- Montenegro ranks 159th out of 211 countries with data for 2024.
- Is gdp rising or falling in Montenegro?
- Over the last ten years it is up 75.7%. 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 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