Unemployment

4.2%

0.3

CPI

287.9%

11.7

CPI

2.3%

-0.6

CPI

2.2%

-0.4

CPI

3.2%

0.4

Rate

70.00%

-10.00

CPI

3.5%

0.3

CPI

4.4%

0.0

  1. Countries data: Demographic and economy

Country comparison Montenegro vs Serbia

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Standard VAT Rate Montenegro vs Serbia comparison
 
Gouvernement
Qu. GDP Per Capita [+]2023Q42,874Kchart2,740K2023Q4Qu. GDP Per Capita [+]
Annual GDP [+]2023€6,847Mchart€69,513M2023Annual GDP [+]
Annual GDP [+]2023$7,404Mchart$75,164M2023Annual GDP [+]
GDP per capita [+]2023€11,103chart€10,5002023GDP per capita [+]
GDP per capita [+]2023$12,006chart$11,3182023GDP per capita [+]
Quarterly GDP [+]2023Q4€1,772Mchart€18,199M2023Q4Quarterly GDP [+]
Debt (M.€.) [+]20224,180chart32,2602022Debt (M.€.) [+]
Debt ($M) [+]20224,405chart33,9992022Debt ($M) [+]
Debt (%GDP) [+]202272.10%chart53.54%2022Debt (%GDP) [+]
Debt Per Capita [+]2022€6,778chart€4,8582022Debt Per Capita [+]
Debt Per Capita [+]2022$7,143chart$5,1192022Debt Per Capita [+]
Deficit (M.€) [+]2022-242chart-892022Deficit (M.€) [+]
Deficit ($M) [+]2022-255chart-942022Deficit ($M) [+]
Deficit (%GDP) [+]2022-4.17%chart-0.15%2022Deficit (%GDP) [+]
Expenditure (M.€) [+]20222,503.0chart26,226.82022Expenditure (M.€) [+]
Expenditure ($M) [+]20222,637.7chart27,639.82022Expenditure ($M) [+]
1,663.82019Education Expenditure (M.€) [+]
1,863.02019Education Expenditure ($M) [+]
8.60%2019Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]2019251.8chart2,445.22019Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]2019281.9chart2,113.22017Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]201612.06%chart11.92%2017Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]202295.2chart1,377.12022Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]2022100.1chart1,447.22022Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20223.95%chart5.25%2022Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202243.18%chart43.53%2022Expenditure (%GDP) [+]
Expenditure Per Capita [+]2022€4,059chart€3,9492022Expenditure Per Capita [+]
Expenditure Per Capita [+]2022$4,277chart$4,1622022Expenditure Per Capita [+]
€2392019Education Expenditure P.C [+]
$2682019Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2019€405chart€3522019Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2019$453chart$3002017Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2022€154chart€2072022Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2022$162chart$2172022Defence Expenditure P.C. [+]
Moody's Rating [+]09/09/2022B1
S&P Rating [+]03/01/2024BBB+06/10/2022S&P Rating [+]
BB+03/27/2020Fitch Rating [+]
Corruption Index [+]202245chart362022Corruption Index [+]
Competitiveness Ranking [+]201973ºchart72º2019Competitiveness Ranking [+]
Fragile States Index [+]201855.3chart68.12018Fragile States Index [+]
RTI Raking [+]202260ºchart3º2022RTI Raking [+]
Innovation Ranking [+]201852ºchart55º2018Innovation Ranking [+]
Labour
Unemployment rate [+]2021Q415.4%chart9.2%2023Q4Unemployment rate [+]
Unemployed [+]2021Q442Kchart288K2023Q4Unemployed [+]
NMW [+]2024$588.5chart$601.72024NMW [+]
NMW [+]2024€532.5chart€543.62024NMW [+]
60º2017Human Capital Ranking [+]
Markets
117.142004/16/2024Euro / Serbian dinars [+]
US Dollar exchange rate [+]04/15/20240.9384chart110.344804/16/2024US Dollar exchange rate [+]
Stock ExchangeYTD % [+]04/15/2024-5.42%chart21.33%04/15/2024Stock ExchangeYTD % [+]
Prices
HICP [+]February 20244.9%chart5.7%February 2024HICP [+]
PPI Year on Year [+]February 20241.3%chart2.7%March 2024PPI Year on Year [+]
Money Market
Key rates [+]09/20/20234.50%chart6.50%07/13/2023Key rates [+]
Business
Doing Business [+]202050ºchart44º2020Doing Business [+]
IPI Year on Year [+]February 2024-9.1%chart2.3%February 2024IPI 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 [+]20192,509,625chart1,846,5512019Annual arrivals [+]
Exports [+]2023€628.6Mchart€27,035.4M2023Exports [+]
Exports [+]2023$679.7Mchart$29,233.4M2023Exports [+]
Exports % GDP [+]20239.18%chart38.89%2023Exports % GDP [+]
Imports [+]2023€3,806.5Mchart€35,215.5M2023Imports [+]
Imports [+]2023$4,116.0Mchart$38,078.5M2023Imports [+]
Imports % GDP [+]202355.59%chart50.66%2023Imports % GDP [+]
Trade balance [+]2023€-3,177.9Mchart€-8,180.1M2023Trade balance [+]
Trade balance [+]2023$-3,436.3Mchart$-8,845.1M2023Trade balance [+]
Trade balance % GDP [+]2023-46.41%chart-11.77%2023Trade balance % GDP [+]
Retail Sales YoY [+]December 202311.6%chart-3.7%December 2023Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]201568ºchart66º2015Global AgeWatch Ranking [+]
Density [+]202245chart782022Density [+]
Global Peace Ranking [+]202345ºchart65º2023Global Peace Ranking [+]
Crude divorce rate [+]20211.20‰chart1.50‰2022Crude divorce rate [+]
Remittance received ($M) [+]2017426.3chart3,588.02017Remittance received ($M) [+]
% Immigrant [+]202011.44%chart11.98%2020% Immigrant [+]
% Emigrant [+]202021.42%chart14.61%2020% Emigrant [+]
Birth Rate [+]202211.40‰chart9.30‰2022Birth Rate [+]
Remittance sent ($M) [+]201775.6chart1,374.52017Remittance sent ($M) [+]
Crude death rate [+]202211.50‰chart16.30‰2022Crude death rate [+]
Fertility Rate [+]20211.76chart1.592022Fertility Rate [+]
Crude marriage rate [+]20215.20‰chart4.90‰2022Crude marriage rate [+]
% risk of poverty [+]202220.3%chart20.0%2022% risk of poverty [+]
Population [+]2022616,695chart6,641,1972022Population [+]
Immigrant stock [+]202070,999chart823,0112020Immigrant stock [+]
Emigrant stock [+]2020132,965chart1,003,9622020Emigrant stock [+]
HDI [+]20210.832chart0.8022021HDI [+]
Gender Gap Ranking [+]202369ºchart38º2023Gender Gap Ranking [+]
Life expectancy [+]202173.80chart75.202022Life expectancy [+]
Suicides [+]201569chart8832021Suicides [+]
Suicide rate [+]201511.07chart12.962021Suicide rate [+]
Number of homicides [+]202216chart742022Number of homicides [+]
Rate Homicides per 100.000 [+]20222.55chart1.022022Rate Homicides per 100.000 [+]
Energy and Environment
142022Annual crude oil production [+]
77.52021Crude Oil Reserves [+]
Consumption GWh [+]20212,891chart31,0872021Consumption GWh [+]
Generation GWh [+]20213,299chart34,8332021Generation GWh [+]
Others
COVID-19 - Deaths [+]03/31/20242,654chart18,05703/31/2024COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]03/31/2024251,280chart2,583,47003/31/2024COVID-19 - Confirmed [+]
Fully vaccinated [+]08/26/2022284,869chart3,278,19806/23/2022Fully vaccinated [+]
COVID-19 - Deaths per million population [+]03/31/20244,303.59chart2,718.9403/31/2024COVID-19 - Deaths per million population [+]
Doses administered [+]08/26/2022679,171chart8,534,68806/23/2022Doses administered [+]
Montenegro
Serbia