Unemployment

4.2%

-0.1

Rate

5.50%

-0.25

Unemployment

2.9%

0.2

CPI

1.1%

-0.3

CPI

1.9%

-0.4

CPI

2.2%

-0.6

Unemployment

3.4%

0

Unemployment

7.5%

0

  1. Countries data: Demographic and economy

Country comparison Montenegro vs Armenia

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Gouvernement
Qu. GDP Per Capita [+]2024Q12,936K
Annual GDP [+]2023€6,847Mchart€22,379M2023Annual GDP [+]
Annual GDP [+]2023$7,405Mchart$24,212M2023Annual GDP [+]
GDP per capita [+]2023€11,103chart€7,4822023GDP per capita [+]
GDP per capita [+]2023$12,007chart$8,0942023GDP per capita [+]
Quarterly GDP [+]2024Q1€1,811M
Debt (M.€.) [+]20224,180chart9,1192022Debt (M.€.) [+]
Debt ($M) [+]20224,405chart9,6102022Debt ($M) [+]
Debt (%GDP) [+]202272.10%chart49.25%2022Debt (%GDP) [+]
Debt Per Capita [+]2022€6,778chart€3,0632022Debt Per Capita [+]
Debt Per Capita [+]2022$7,143chart$3,2282022Debt Per Capita [+]
Deficit (M.€) [+]2022-242chart-3912022Deficit (M.€) [+]
Deficit ($M) [+]2022-255chart-4122022Deficit ($M) [+]
Deficit (%GDP) [+]2022-4.17%chart-2.11%2022Deficit (%GDP) [+]
Expenditure (M.€) [+]20222,503.0chart4,884.42022Expenditure (M.€) [+]
Expenditure ($M) [+]20222,637.7chart5,147.62022Expenditure ($M) [+]
461.72022Education Expenditure (M.€) [+]
486.32022Education Expenditure ($M) [+]
9.70%2022Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]2021320.0chart256.72021Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]2021378.0chart304.02021Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202114.40%chart7.63%2021Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]202295.2chart799.42022Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]2022100.1chart842.42022Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20223.95%chart16.00%2022Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202243.18%chart26.38%2022Expenditure (%GDP) [+]
Expenditure Per Capita [+]2022€4,059chart€1,6412022Expenditure Per Capita [+]
Expenditure Per Capita [+]2022$4,277chart$1,7292022Expenditure Per Capita [+]
€1552022Education Expenditure P.C [+]
$1632022Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2021€509chart€922021Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2021$603chart$1092021Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2022€154chart€2692022Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2022$162chart$2832022Defence Expenditure P.C. [+]
Moody's Rating [+]09/09/2022B1Ba306/22/2023Moody's Rating [+]
S&P Rating [+]03/01/2024BBB-08/25/2023S&P Rating [+]
B+10/15/2020Fitch Rating [+]
Corruption Index [+]202245chart462022Corruption Index [+]
Competitiveness Ranking [+]201973ºchart69º2019Competitiveness Ranking [+]
Fragile States Index [+]201855.3chart69.52018Fragile States Index [+]
RTI Raking [+]202260ºchart35º2022RTI Raking [+]
Innovation Ranking [+]201852ºchart68º2018Innovation Ranking [+]
Labour
Unemployment rate [+]2022Q414.8%chart6.7%2022Q4Unemployment rate [+]
Unemployed [+]2022Q445Kchart115K2022Q4Unemployed [+]
NMW [+]2024$588.5chart$156.12022NMW [+]
NMW [+]2024€532.5chart€125.32022NMW [+]
49º2017Human Capital Ranking [+]
Markets
429.940009/07/2024Euro / Dram [+]
US Dollar exchange rate [+]09/06/20240.9007chart387.090009/07/2024US Dollar exchange rate [+]
Stock ExchangeYTD % [+]09/06/2024-3.09%
Prices
-0.1%August 2024CPI (overall index) [+]
HICP [+]July 20243.0%
PPI Year on Year [+]April 20242.3%
Money Market
Key rates [+]06/12/20244.25%chart7.75%07/30/2024Key rates [+]
Business
Doing Business [+]202050ºchart47º2020Doing Business [+]
IPI Year on Year [+]April 2024-7.8%
970December 2019Passengers vehicles Year [+]
0.41December 2019Annual Vehicles/ 1,000 p. [+]
Taxes
22.7%2021Tax Revenue (%GDP) [+]
Standard VAT [+]01/01/201921.00%chart20.00%01/01/2006Standard VAT [+]
Top tax rate + SSC [+]20209.0%chart23.0%2020Top tax rate + SSC [+]
Trade
Annual arrivals [+]20192,509,625chart1,894,3772019Annual arrivals [+]
Exports [+]2023€674.3Mchart€7,782.5M2023Exports [+]
Exports [+]2023$679.5Mchart$8,415.2M2023Exports [+]
Exports % GDP [+]20239.85%chart34.78%2023Exports % GDP [+]
Imports [+]2023€3,810.1Mchart€11,382.6M2023Imports [+]
Imports [+]2023$4,118.1Mchart$12,308.0M2023Imports [+]
Imports % GDP [+]202355.65%chart50.86%2023Imports % GDP [+]
Trade balance [+]2023€-3,135.8Mchart€-3,600.1M2023Trade balance [+]
Trade balance [+]2023$-3,438.7Mchart$-3,892.8M2023Trade balance [+]
Trade balance % GDP [+]2023-45.80%chart-16.09%2023Trade balance % GDP [+]
Retail Sales YoY [+]December 202311.6%
Socio-Demography
Global AgeWatch Ranking [+]201568ºchart43º2015Global AgeWatch Ranking [+]
Density [+]202245chart1012023Density [+]
Global Peace Ranking [+]202345ºchart66º2023Global Peace Ranking [+]
Crude divorce rate [+]20211.20‰chart1.10‰2020Crude divorce rate [+]
Remittance received ($M) [+]2017426.3chart1,539.02017Remittance received ($M) [+]
% Immigrant [+]202011.44%chart6.42%2020% Immigrant [+]
% Emigrant [+]202021.42%chart32.34%2020% Emigrant [+]
Birth Rate [+]202211.40‰chart12.30‰2023Birth Rate [+]
Remittance sent ($M) [+]201775.6chart292.22017Remittance sent ($M) [+]
Crude death rate [+]202211.50‰chart8.10‰2023Crude death rate [+]
Fertility Rate [+]20221.78chart1.582022Fertility Rate [+]
Crude marriage rate [+]20215.20‰chart5.64‰2022Crude marriage rate [+]
% risk of poverty [+]202220.3%chart24.8%2022% risk of poverty [+]
Population [+]2022616,695chart2,991,2022023Population [+]
Immigrant stock [+]202070,999chart190,3492020Immigrant stock [+]
Emigrant stock [+]2020132,965chart958,1902020Emigrant stock [+]
HDI [+]20210.832chart0.7592021HDI [+]
Gender Gap Ranking [+]202369ºchart61º2023Gender Gap Ranking [+]
Life expectancy [+]202276.19chart73.372022Life expectancy [+]
Suicides [+]201569chart1622015Suicides [+]
Suicide rate [+]201511.07chart5.392015Suicide rate [+]
Number of homicides [+]202216chart612021Number of homicides [+]
Rate Homicides per 100.000 [+]20222.55chart2.192021Rate Homicides per 100.000 [+]
Energy and Environment
2.152022CO2 Tons per capita [+]
Consumption GWh [+]20222,963chart7,3932022Consumption GWh [+]
Generation GWh [+]20223,329chart8,7732022Generation GWh [+]
Others
COVID-19 - Deaths [+]08/04/20242,654chart8,77708/04/2024COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]08/04/2024251,280chart452,27308/04/2024COVID-19 - Confirmed [+]
Fully vaccinated [+]08/26/2022284,869chart1,030,75810/01/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]08/04/20244,303.59chart2,934.2708/04/2024COVID-19 - Deaths per million population [+]
Doses administered [+]08/26/2022679,171chart2,256,91910/01/2023Doses administered [+]
Montenegro
Armenia