Europe & Central Asia
🇲🇪 Montenegro
Real-time economic and demographic statistics for Montenegro
GDP
#161
of 214
Population
#169
of 217
GDP per Capita
#97
of 214
GDP Growth
#103
of 214
Share of World
0.01%
of world GDP
Income Level
Upper middle income
Montenegro GDP (2015–2024)
+3.04%annual growth
Chart data: 2015: 4,054,730,077.577 USD, 2016: 4,376,930,578.324 USD, 2017: 4,856,599,480.799 USD, 2018: 5,506,942,238.357 USD, 2019: 5,542,054,181.126 USD, 2020: 4,769,996,866.008 USD, 2021: 5,861,427,505.125 USD, 2022: 6,229,801,580.792 USD, 2023: 7,530,593,375.22 USD, 2024: 8,069,536,125.803 USD
Demographics
623,831
Population
+0.05%annual growth
Labor Market
14.10%
Unemployment Rate
-0.52ppannual change
Verified: Nov 2025
Economics
+3.34%
Inflation Rate
-5.25ppannual change
Frequently Asked Questions
- What is Montenegro's GDP?
- Montenegro's GDP is approximately $8.1 billion (2024, representing 0.0% of world GDP), making it the #161 largest economy out of 214 countries. Data sourced from the World Bank.
- What is Montenegro's population?
- Montenegro has a population of approximately 623,831 — the #169 most populous country in the world. Population data is collected annually by the World Bank from national statistical agencies.
- What is Montenegro's GDP per capita?
- Montenegro's GDP per capita is approximately $12,935, ranking #97 globally. This metric reflects average economic output per person and is a key indicator of living standards.
- How fast is Montenegro's economy growing?
- Montenegro's economy is currently growing at approximately 3.0% per year, ranking #103 globally by GDP growth rate. Data sourced from the World Bank.
- What region is Montenegro in?
- Montenegro is located in the Europe & Central Asia region and is classified as a upper middle income economy by the World Bank. This classification is based on gross national income (GNI) per capita.