Country comparison Montenegro vs Serbia

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Gouvernement
GDP Growth (%) [+]20243.2%chart3.9%2024GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q33,333Kchart3,411K2025Q3Qu. GDP Per Capita [+]
Annual GDP [+]2024€7,645Mchart€83,258M2024Annual GDP [+]
Annual GDP [+]2024$8,272Mchart$89,074M2024Annual GDP [+]
GDP per capita [+]2024€12,260chart€12,6402024GDP per capita [+]
GDP per capita [+]2024$13,259chart$13,5452024GDP per capita [+]
Quarterly GDP [+]2025Q3€2,077Mchart€22,401M2025Q3Quarterly GDP [+]
Debt (M.€.) [+]20244,645chart36,6152024Debt (M.€.) [+]
Debt ($M) [+]20245,026chart39,6192024Debt ($M) [+]
Debt (%GDP) [+]202460.76%chart44.48%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€7,452chart€5,5752024Debt Per Capita [+]
Debt Per Capita [+]2024$8,063chart$6,0322024Debt Per Capita [+]
Deficit (M.€) [+]2024-215chart-1,4432024Deficit (M.€) [+]
Deficit ($M) [+]2024-233chart-1,5622024Deficit ($M) [+]
Deficit (%GDP) [+]2024-2.81%chart-1.75%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]20243,324.0chart35,126.52024Expenditure (M.€) [+]
Expenditure ($M) [+]20243,596.6chart38,008.92024Expenditure ($M) [+]
2,559.82023Education Expenditure (M.€) [+]
2,768.72023Education Expenditure ($M) [+]
8.38%2023Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]2023466.2chart3,958.92023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]2023504.1chart4,282.02023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202316.60%chart12.97%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]2024140.1chart2,160.72024Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]2024151.6chart2,311.62024Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20244.19%chart6.05%2024Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202443.48%chart42.67%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€5,333chart€5,3482024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$5,770chart$5,7872024Expenditure Per Capita [+]
€3862023Education Expenditure P.C [+]
$4182023Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2023€736chart€5962023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$796chart$6452023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€225chart€3282024Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2024$243chart$3522024Defence Expenditure P.C. [+]
Moody's Rating [+]09/27/2024Ba3
S&P Rating [+]08/30/2024B+BBB-10/04/2024S&P Rating [+]
BB+03/27/2020Fitch Rating [+]
Corruption Index [+]202346chart362023Corruption Index [+]
Competitiveness Ranking [+]201973ºchart72º2019Competitiveness Ranking [+]
Fragile States Index [+]202456.9chart67.82024Fragile States Index [+]
RTI Raking [+]202461ºchart3º2024RTI Raking [+]
Innovation Ranking [+]202465ºchart52º2024Innovation Ranking [+]
Labour
Unemployment rate [+]2023Q412.2%chart8.2%2025Q3Unemployment rate [+]
Unemployed [+]2023Q439Kchart257K2025Q3Unemployed [+]
NMW [+]2026$787.3chart$875.82026NMW [+]
NMW [+]2026€670.0chart€744.02026NMW [+]
60º2017Human Capital Ranking [+]
Markets
117.363802/10/2026Euro / Serbian dinars [+]
US Dollar exchange rate [+]02/09/20260.8413chart98.534002/10/2026US Dollar exchange rate [+]
Stock ExchangeYTD % [+]02/09/2026-0.69%chart-0.34%02/09/2026Stock ExchangeYTD % [+]
Prices
HICP [+]December 20253.7%chart3.1%December 2025HICP [+]
PPI Year on Year [+]December 20250.5%chart1.7%December 2025PPI Year on Year [+]
Money Market
Key rates [+]06/11/20252.15%chart5.75%09/12/2024Key rates [+]
Business
Doing Business [+]202050ºchart44º2020Doing Business [+]
IPI Year on Year [+]November 2025-17.6%chart-8.2%December 2025IPI Year on Year [+]
25,514December 2019Passengers vehicles Year [+]
4.22December 2019Annual Vehicles/ 1,000 p. [+]
4,4982022Motor vehicle production [+]
353.732020Vehicles / 1,000 people [+]
Taxes
38.4%2016Tax Revenue (%GDP) [+]
Standard VAT [+]01/01/201921.00%chart20.00%01/01/2012Standard VAT [+]
Top tax rate + SSC [+]20209.0%chart10.0%2020Top tax rate + SSC [+]
Trade
Annual arrivals [+]20222,036,000chart1,773,0002022Annual arrivals [+]
Exports [+]2024€614.9Mchart€28,944.2M2024Exports [+]
Exports [+]2024$665.6Mchart$31,328.6M2024Exports [+]
Exports % GDP [+]20248.04%chart34.76%2024Exports % GDP [+]
Imports [+]2024€4,068.0Mchart€38,102.7M2024Imports [+]
Imports [+]2024$4,403.1Mchart$41,241.6M2024Imports [+]
Imports % GDP [+]202453.21%chart45.76%2024Imports % GDP [+]
Trade balance [+]2024€-3,453.1Mchart€-9,158.5M2024Trade balance [+]
Trade balance [+]2024$-3,737.6Mchart$-9,913.0M2024Trade balance [+]
Trade balance % GDP [+]2024-45.17%chart-11.00%2024Trade balance % GDP [+]
Retail Sales YoY [+]November 2025-2.1%chart8.7%December 2025Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]201568ºchart66º2015Global AgeWatch Ranking [+]
Density [+]202445chart772024Density [+]
Global Peace Ranking [+]202435ºchart54º2024Global Peace Ranking [+]
Crude divorce rate [+]20211.20‰chart1.50‰2023Crude divorce rate [+]
Remittance received ($M) [+]2017426.3chart3,588.02017Remittance received ($M) [+]
% Immigrant [+]202011.44%chart11.98%2020% Immigrant [+]
% Emigrant [+]202021.42%chart14.61%2020% Emigrant [+]
Birth Rate [+]202411.20‰chart9.20‰2024Birth Rate [+]
Remittance sent ($M) [+]201775.6chart1,374.52017Remittance sent ($M) [+]
Crude death rate [+]202410.20‰chart14.90‰2024Crude death rate [+]
Fertility Rate [+]20231.76chart1.642024Fertility Rate [+]
Crude marriage rate [+]20215.20‰chart4.80‰2023Crude marriage rate [+]
% risk of poverty [+]202220.3%chart19.7%2024% risk of poverty [+]
Population [+]2024623,327chart6,567,7832024Population [+]
Immigrant stock [+]202070,999chart823,0112020Immigrant stock [+]
Emigrant stock [+]2020132,965chart1,003,9622020Emigrant stock [+]
HDI [+]20220.844chart0.8052022HDI [+]
Gender Gap Ranking [+]202467ºchart26º2024Gender Gap Ranking [+]
Life expectancy [+]202377.60chart76.202023Life expectancy [+]
Suicides [+]201569chart6682023Suicides [+]
Suicide rate [+]201511.07chart10.112023Suicide rate [+]
Number of homicides [+]20235chart892023Number of homicides [+]
Rate Homicides per 100.000 [+]20230.79chart1.312023Rate Homicides per 100.000 [+]
Energy and Environment
122024Annual crude oil production [+]
77.52021Crude Oil Reserves [+]
Consumption GWh [+]20232,719chart30,8242023Consumption GWh [+]
Generation GWh [+]20234,187chart37,6612023Generation GWh [+]
Others
COVID-19 - Deaths [+]01/18/20262,654chart18,05701/18/2026COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]01/18/2026251,280chart2,568,00301/18/2026COVID-19 - Confirmed [+]
Fully vaccinated [+]08/26/2022284,869chart3,278,19806/23/2022Fully vaccinated [+]
COVID-19 - Deaths per million population [+]01/18/20264,257.80chart2,749.3301/18/2026COVID-19 - Deaths per million population [+]
Doses administered [+]08/26/2022679,171chart8,534,68806/23/2022Doses administered [+]
Montenegro
Serbia