GDP (current US$), annual growth rate in Montenegro
Montenegro: GDP (current US$), annual growth rate was 7.16 % change on previous year in 2024. ◆ Volatile
GDP (current US$), annual growth rate in Montenegro, 1998–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, gdp (current us$), annual growth rate in Montenegro stood at 7.16 % change on previous year.
Compared with earlier readings it is down 65.7% on the previous year and up 149.5% over ten years.
Over the whole period, gdp (current us$), annual growth rate in Montenegro peaked at 35.23 % change on previous year in 2007 and was at its lowest, -13.93 % change on previous year, in 2020.
That places Montenegro 80th out of 211 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP (current US$), annual growth rate in Montenegro, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1998 | 1.91 % change on previous year | — |
| 1999 | -2.96 % change on previous year | -255.5% |
| 2000 | 18.74 % change on previous year | -732.5% |
| 2001 | 17.84 % change on previous year | -4.8% |
| 2002 | 10.76 % change on previous year | -39.7% |
| 2003 | 32.93 % change on previous year | +206.0% |
| 2004 | 21.4 % change on previous year | -35.0% |
| 2005 | 8.87 % change on previous year | -58.5% |
| 2006 | 20.59 % change on previous year | +132.1% |
| 2007 | 35.23 % change on previous year | +71.1% |
| 2008 | 23.5 % change on previous year | -33.3% |
| 2009 | -8.5 % change on previous year | -136.2% |
| 2010 | -0.3931 % change on previous year | -95.4% |
| 2011 | 9.69 % change on previous year | -2565.0% |
| 2012 | -10.05 % change on previous year | -203.8% |
| 2013 | 9.25 % change on previous year | -192.0% |
| 2014 | 2.87 % change on previous year | -69.0% |
| 2015 | -11.74 % change on previous year | -509.2% |
| 2016 | 7.95 % change on previous year | -167.7% |
| 2017 | 10.96 % change on previous year | +37.9% |
| 2018 | 13.39 % change on previous year | +22.2% |
| 2019 | 0.6376 % change on previous year | -95.2% |
| 2020 | -13.93 % change on previous year | -2285.0% |
| 2021 | 22.88 % change on previous year | -264.2% |
| 2022 | 6.28 % change on previous year | -72.5% |
| 2023 | 20.88 % change on previous year | +232.2% |
| 2024 | 7.16 % change on previous year | -65.7% |
Montenegro compared with similar countries
- Montenegro's 7.16 % change on previous year is above the median for upper middle income countries, which is 5.6 % change on previous year, 1.3× the median. (58 countries reporting)
- Montenegro's 7.16 % change on previous year is above the median for Europe & Central Asia, which is 5.96 % change on previous year, 1.2× the median. (55 countries reporting)
Biggest year-on-year movements
Years where GDP (current US$), annual growth rate in Montenegro changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2011 | +2565.0% | -0.3931 % change on previous year | 9.69 % change on previous year |
| 2020 | -2285.0% | 0.6376 % change on previous year | -13.93 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -0.5288 % change on previous year | -2.96 % change on previous year | 1.91 % change on previous year | 2 |
| 2000s | 18.14 % change on previous year | -8.5 % change on previous year | 35.23 % change on previous year | 10 |
| 2010s | 3.26 % change on previous year | -11.74 % change on previous year | 13.39 % change on previous year | 10 |
| 2020s | 8.65 % change on previous year | -13.93 % change on previous year | 22.88 % change on previous year | 5 |
Countries ranked near Montenegro
More population data for Montenegro
- Population regions with projections, annual growth rate -1.13 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate -0.7975 % change on previous year (2050)
- Population long run with projections, annual growth rate -1.13 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate -0.7672 % change on previous year (2100)
- Africa's Development Dynamics (AfDD) Table 05 - Demographic estimates 586.38 Persons (2050)
- Africa's Development Dynamics (AfDD) Table 03 - Annual population -0.1561 Percent per annum (2030)
- Projected population under age 5, annual growth rate -1.2 % change on previous year (2100)
- World population growth -1.1% (2100)
- Population density 24.24 people per km² (2100)
- Number of children under 5, by world region 12,323 people (2100)
Frequently asked questions
- What is gdp (current us$), annual growth rate in Montenegro?
- Gdp (current us$), annual growth rate in Montenegro was 7.16 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gdp (current us$), annual growth rate recorded in Montenegro?
- The highest recorded value was 35.23 % change on previous year in 2007.
- What is the lowest gdp (current us$), annual growth rate recorded in Montenegro?
- The lowest recorded value was -13.93 % change on previous year in 2020.
- How does Montenegro rank for gdp (current us$), annual growth rate?
- Montenegro ranks 80th out of 211 countries with data for 2024.
- Is gdp (current us$), annual growth rate rising or falling in Montenegro?
- Over the last ten years it is up 149.5%. The long-run trend across the full record is volatile.
- Where does this Montenegro data come from?
- The figures come from Statizoid (derived), published as part of GDP (current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 27 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in GDP (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GDP UNESCO Institute for Statistics
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in GDP (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.