Price level ratio of PPP conversion factor (GDP) to market exchange in Montenegro
Montenegro: Price level ratio of PPP conversion factor (GDP) to market exchange was 0.3875 in 2024. ▲ Rising
Price level ratio of PPP conversion factor (GDP) to market exchange in Montenegro, 1997–2024
Source: UNESCO Institute for Statistics.
Analysis
Montenegro recorded 0.3875 for price level ratio of ppp conversion factor (gdp) to market exchange in 2024.
That represents a change of down 1.8% on the previous year and down 19.4% over ten years.
Over the whole period, price level ratio of ppp conversion factor (gdp) to market exchange in Montenegro peaked at 0.5333 in 2008 and was at its lowest, 0.2279, in 1998.
That places Montenegro 122nd out of 202 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 28 years of available data.
Price level ratio of PPP conversion factor (GDP) to market exchange in Montenegro, year by year
| Year | Value | Change |
|---|---|---|
| 1997 | 0.2372 | — |
| 1998 | 0.2279 | -3.9% |
| 1999 | 0.2407 | +5.6% |
| 2000 | 0.2711 | +12.6% |
| 2001 | 0.282 | +4.0% |
| 2002 | 0.2967 | +5.2% |
| 2003 | 0.3799 | +28.1% |
| 2004 | 0.431 | +13.4% |
| 2005 | 0.442 | +2.5% |
| 2006 | 0.4232 | -4.3% |
| 2007 | 0.4796 | +13.3% |
| 2008 | 0.5333 | +11.2% |
| 2009 | 0.5166 | -3.1% |
| 2010 | 0.4906 | -5.0% |
| 2011 | 0.5064 | +3.2% |
| 2012 | 0.4751 | -6.2% |
| 2013 | 0.4834 | +1.8% |
| 2014 | 0.4806 | -0.6% |
| 2015 | 0.3989 | -17.0% |
| 2016 | 0.3865 | -3.1% |
| 2017 | 0.3965 | +2.6% |
| 2018 | 0.4114 | +3.8% |
| 2019 | 0.3691 | -10.3% |
| 2020 | 0.3655 | -1.0% |
| 2021 | 0.3933 | +7.6% |
| 2022 | 0.362 | -8.0% |
| 2023 | 0.3947 | +9.0% |
| 2024 | 0.3875 | -1.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.2353 | 0.2279 | 0.2407 | 3 |
| 2000s | 0.4055 | 0.2711 | 0.5333 | 10 |
| 2010s | 0.4398 | 0.3691 | 0.5064 | 10 |
| 2020s | 0.3806 | 0.362 | 0.3947 | 5 |
Countries ranked near Montenegro
More population data for Montenegro
- Un population 2024 vs 2022, annual growth rate -0.7672 % change on previous year (2100)
- Population long run 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 regions with projections, annual growth rate -1.13 % change on previous year (2100)
- Population growth rate, by level of development -1.1% (2100)
- Number of children under 5, by world region 12,323 people (2100)
- Population density 24.24 people per km² (2100)
- World population growth -1.1% (2100)
- Projected population under age 5, annual growth rate -1.2 % change on previous year (2100)
- Africa's Development Dynamics (AfDD) Table 03 - Annual population -0.1561 Percent per annum (2030)
Frequently asked questions
- What is price level ratio of ppp conversion factor (gdp) to market exchange in Montenegro?
- Price level ratio of ppp conversion factor (gdp) to market exchange in Montenegro was 0.3875 in 2024, according to UNESCO Institute for Statistics.
- What is the highest price level ratio of ppp conversion factor (gdp) to market exchange recorded in Montenegro?
- The highest recorded value was 0.5333 in 2008.
- What is the lowest price level ratio of ppp conversion factor (gdp) to market exchange recorded in Montenegro?
- The lowest recorded value was 0.2279 in 1998.
- How does Montenegro rank for price level ratio of ppp conversion factor (gdp) to market exchange?
- Montenegro ranks 122nd out of 202 countries with data for 2024.
- Is price level ratio of ppp conversion factor (gdp) to market exchange rising or falling in Montenegro?
- Over the last ten years it is down 19.4%. The long-run trend across the full record is rising.
- Where does this Montenegro data come from?
- The figures come from UNESCO Institute for Statistics, published as part of Price level ratio of PPP conversion factor (GDP) to market exchange rate. Statizoid updates them automatically from the source API.
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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