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Indicators of economy in Montenegro

The essential economic performance of a country is reflected by the gross domestic product. So the total of all goods and services sold. Worldwide gross domestic product in 2019 was at about 11.429 US Dollar per capita. In contrast, the GDP in Montenegro reached 8.909 US dollars per inhabitant, or 5.54 bn US Dollar in the whole country. Montenegro is currently at number 156 among the international economies and is therefore one of the less significant. If this is calculated per inhabitant taking into account the purchasing power parity, then Montenegro is in the list of the world's richest countries in place 63.

Inflation in Montenegro was in 2019 at around 0.36%. For the the EU, the average of the same was year at 1.63%.

Compared to Germany, the prices for convenience goods are approximately 47.11% lower.
The Corruption Perceptions Index for the public sector counts 45 and is compared to other countries bad.


Back to overview: Montenegro

Unemployment rates in percent 1991 - 2020

Economic performance 2019

 Montenegro
Total
Montenegro
per capita
EU
Total
EU
per capita
GDP5.54 bn USD8,908.93 USD15,626.45 tn USD30,381.17 USD
Gross national product5.63 bn USD9,056.56 USD16,026.52 tn USD31,158.99 USD


Development of gross domestic product in million US Dollar 2000 - 2019



Im- and Exports 2019

 Montenegro
Total
Montenegro
per capita
EU
Total
EU
per capita
Imports3.59 bn USD5,770.34 USD8,073.39 bn USD15,696.41 USD
Exports2.42 bn USD3,883.32 USD8,622.21 bn USD16,763.44 USD


Development of imports and exports in million US dollars 2007 - 2019

Exports
Imports



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