GDP deflator (base year varies by country), annual growth rate in Montenegro

Montenegro: GDP deflator (base year varies by country), annual growth rate was 3.96 % change on previous year in 2024. ◆ Volatile

Latest (2024)
3.96 % change on previous year
Change on year
down 62.5%
World rank
100th
of 211 countries
All-time high
32.9 % change on previous year
in 2000
All-time low
-1.83 % change on previous year
in 1998
Years of data
27
1998–2024

GDP deflator (base year varies by country), annual growth rate in Montenegro, 1998–2024

01020301998201120241998: -1.8 % change on previous year1999: 12.2 % change on previous year2000: 32.9 % change on previous year2001: 20.2 % change on previous year2002: 3.1 % change on previous year2003: 8.3 % change on previous year2004: 5.9 % change on previous year2005: 4.3 % change on previous year2006: 10.1 % change on previous year2007: 16 % change on previous year2008: 7.6 % change on previous year2009: 2.4 % change on previous year2010: 1.6 % change on previous year2011: 1.2 % change on previous year2012: 0.177 % change on previous year2013: 2.1 % change on previous year2014: 1 % change on previous year2015: 2.2 % change on previous year2016: 5.1 % change on previous year2017: 3.8 % change on previous year2018: 3.2 % change on previous year2019: 2 % change on previous year2020: -0.175 % change on previous year2021: 4.7 % change on previous year2022: 12.4 % change on previous year2023: 10.5 % change on previous year2024: 4 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Montenegro recorded 3.96 % change on previous year for gdp deflator (base year varies by country), annual growth rate in 2024.

That represents a change of down 62.5% on the previous year and up 281.5% over ten years.

Over the whole period, gdp deflator (base year varies by country), annual growth rate in Montenegro peaked at 32.9 % change on previous year in 2000 and was at its lowest, -1.83 % change on previous year, in 1998.

Montenegro ranks 100th of 211 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

GDP deflator (base year varies by country), annual growth rate in Montenegro, year by year

Annual values for GDP deflator (base year varies by country), annual growth rate in Montenegro, 1998 to 2024.
Year % change on previous year Change
1998 -1.83 % change on previous year
1999 12.16 % change on previous year -766.0%
2000 32.9 % change on previous year +170.5%
2001 20.2 % change on previous year -38.6%
2002 3.08 % change on previous year -84.8%
2003 8.32 % change on previous year +170.6%
2004 5.89 % change on previous year -29.3%
2005 4.33 % change on previous year -26.4%
2006 10.11 % change on previous year +133.2%
2007 16.04 % change on previous year +58.7%
2008 7.63 % change on previous year -52.4%
2009 2.41 % change on previous year -68.4%
2010 1.6 % change on previous year -33.4%
2011 1.2 % change on previous year -25.0%
2012 0.1769 % change on previous year -85.3%
2013 2.07 % change on previous year +1068.3%
2014 1.04 % change on previous year -49.8%
2015 2.22 % change on previous year +114.0%
2016 5.1 % change on previous year +129.9%
2017 3.82 % change on previous year -25.0%
2018 3.23 % change on previous year -15.7%
2019 2.02 % change on previous year -37.3%
2020 -0.1751 % change on previous year -108.7%
2021 4.73 % change on previous year -2799.6%
2022 12.36 % change on previous year +161.4%
2023 10.54 % change on previous year -14.7%
2024 3.96 % change on previous year -62.5%

Averages by decade

DecadeAverage LowestHighest Years
1990s 5.17 % change on previous year -1.83 % change on previous year 12.16 % change on previous year 2
2000s 11.09 % change on previous year 2.41 % change on previous year 32.9 % change on previous year 10
2010s 2.25 % change on previous year 0.1769 % change on previous year 5.1 % change on previous year 10
2020s 6.28 % change on previous year -0.1751 % change on previous year 12.36 % change on previous year 5

Countries ranked near Montenegro

  1. 97 Republic of Korea 4.07 % change on previous year compare
  2. 98 United Kingdom of Great Britain and Northern Ireland 4.01 % change on previous year compare
  3. 99 Czechia 3.98 % change on previous year compare
  4. 101 French Polynesia 3.96 % change on previous year compare
  5. 102 Mauritius 3.85 % change on previous year compare
  6. 103 New Caledonia 3.85 % change on previous year compare

See the full ranking of 211 places →

More population data for Montenegro

All data for Montenegro →

Frequently asked questions

What is gdp deflator (base year varies by country), annual growth rate in Montenegro?
Gdp deflator (base year varies by country), annual growth rate in Montenegro was 3.96 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gdp deflator (base year varies by country), annual growth rate recorded in Montenegro?
The highest recorded value was 32.9 % change on previous year in 2000.
What is the lowest gdp deflator (base year varies by country), annual growth rate recorded in Montenegro?
The lowest recorded value was -1.83 % change on previous year in 1998.
How does Montenegro rank for gdp deflator (base year varies by country), annual growth rate?
Montenegro ranks 100th out of 211 countries with data for 2024.
Is gdp deflator (base year varies by country), annual growth rate rising or falling in Montenegro?
Over the last ten years it is up 281.5%. 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 deflator (base year varies by country), annual growth rate. Statizoid updates them automatically from the source API.

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GDP deflator (base year varies by country), annual growth rate in Montenegro. Statizoid, drawing on Statizoid (derived). Retrieved 30 August 2026, from https://population.statizoid.com/stat/gdp-deflator-base-year-varies-by-country-annual-growth-rate/montenegro/

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<a href="https://population.statizoid.com/stat/gdp-deflator-base-year-varies-by-country-annual-growth-rate/montenegro/">GDP deflator (base year varies by country), annual growth rate in Montenegro</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in GDP deflator (base year varies by country). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
GDP deflator (base year varies by country), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
211 places, 9,847 data points, 1971–2024
Last refreshed

The year-on-year percentage change in GDP deflator (base year varies by country). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.