GDP growth (annual %) (UNESCO Institute) in Montenegro
Montenegro: GDP growth (annual %) (UNESCO Institute) was 3.0% in 2024. ◆ Volatile
GDP growth in Montenegro, 1998–2024
Source: UNESCO Institute for Statistics. Measured in annual %.
Analysis
The most recent figure for gdp growth in Montenegro is 3.0%, measured in 2024.
Compared with earlier readings it is down 52.0% on the previous year and up 70.5% over ten years.
Over the whole period, gdp growth in Montenegro peaked at 13.0% in 2021 and was at its lowest, -15.3%, in 2020.
Montenegro ranks 111th of 212 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 growth (annual %) (UNESCO Institute) in Montenegro, year by year
| Year | annual % | Change |
|---|---|---|
| 1998 | 4.9% | — |
| 1999 | -9.4% | -291.8% |
| 2000 | 3.1% | -133.0% |
| 2001 | 1.1% | -64.5% |
| 2002 | 1.9% | +73.1% |
| 2003 | 2.5% | +30.4% |
| 2004 | 4.4% | +78.3% |
| 2005 | 4.2% | -5.5% |
| 2006 | 8.6% | +104.9% |
| 2007 | 6.8% | -20.5% |
| 2008 | 7.2% | +6.1% |
| 2009 | -5.8% | -180.2% |
| 2010 | 2.7% | -147.2% |
| 2011 | 3.2% | +18.1% |
| 2012 | -2.7% | -184.4% |
| 2013 | 3.5% | -230.3% |
| 2014 | 1.8% | -49.7% |
| 2015 | 3.4% | +90.1% |
| 2016 | 2.9% | -13.0% |
| 2017 | 4.7% | +59.9% |
| 2018 | 5.1% | +7.7% |
| 2019 | 4.1% | -20.0% |
| 2020 | -15.3% | -476.7% |
| 2021 | 13.0% | -185.2% |
| 2022 | 6.4% | -50.9% |
| 2023 | 6.3% | -1.1% |
| 2024 | 3.0% | -52.0% |
Montenegro compared with similar countries
- Montenegro's 3.0% is below the median for upper middle income countries, which is 3.3%, 91% of the median. (58 countries reporting)
- Montenegro's 3.0% is above the median for Europe & Central Asia, which is 2.3%, 1.3× the median. (55 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -2.2% | -9.4% | 4.9% | 2 |
| 2000s | 3.4% | -5.8% | 8.6% | 10 |
| 2010s | 2.9% | -2.7% | 5.1% | 10 |
| 2020s | 2.7% | -15.3% | 13.0% | 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 growth in Montenegro?
- Gdp growth in Montenegro was 3.0% in 2024, according to UNESCO Institute for Statistics.
- What is the highest gdp growth recorded in Montenegro?
- The highest recorded value was 13.0% in 2021.
- What is the lowest gdp growth recorded in Montenegro?
- The lowest recorded value was -15.3% in 2020.
- How does Montenegro rank for gdp growth?
- Montenegro ranks 111th out of 212 countries with data for 2024.
- Is gdp growth rising or falling in Montenegro?
- Over the last ten years it is up 70.5%. 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 growth (annual %). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 27 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release