Country comparison Montenegro vs South Korea

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Gouvernement
GDP Growth (%) [+]20243.2%chart2.0%2024GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q33,333Kchart7,925K2025Q3Qu. GDP Per Capita [+]
Annual GDP [+]2024€7,645Mchart€1,733,173M2024Annual GDP [+]
Annual GDP [+]2024$8,272Mchart$1,875,388M2024Annual GDP [+]
GDP per capita [+]2024€12,260chart€33,4912024GDP per capita [+]
GDP per capita [+]2024$13,259chart$36,2392024GDP per capita [+]
Quarterly GDP [+]2025Q3€2,077Mchart€410,129M2025Q3Quarterly GDP [+]
Debt (M.€.) [+]20244,645chart863,3802024Debt (M.€.) [+]
Debt ($M) [+]20245,026chart934,2252024Debt ($M) [+]
Debt (%GDP) [+]202460.76%chart49.82%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€7,452chart€16,6832024Debt Per Capita [+]
Debt Per Capita [+]2024$8,063chart$18,0522024Debt Per Capita [+]
Deficit (M.€) [+]2024-215chart-13,5742024Deficit (M.€) [+]
Deficit ($M) [+]2024-233chart-14,6882024Deficit ($M) [+]
Deficit (%GDP) [+]2024-2.81%chart-0.78%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]20243,324.0chart390,542.82024Expenditure (M.€) [+]
Expenditure ($M) [+]20243,596.6chart422,588.72024Expenditure ($M) [+]
99,274.82022Education Expenditure (M.€) [+]
97,329.32022Education Expenditure ($M) [+]
14.31%2021Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]2023466.2chart67,778,041,283.72024Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]2023504.1chart91,829.82024Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202316.60%chart15.50%2024Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]2024140.1chart44,404.82024Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]2024151.6chart48,048.42024Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20244.19%chart11.32%2024Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202443.48%chart22.53%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€5,333chart€7,5472024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$5,770chart$8,1662024Expenditure Per Capita [+]
€1,9212022Education Expenditure P.C [+]
$1,8842022Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2023€736chart€1,6742024Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$796chart$1,7762024Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€225chart€8582024Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2024$243chart$9282024Defence Expenditure P.C. [+]
Moody's Rating [+]09/27/2024Ba3Aa205/09/2024Moody's Rating [+]
S&P Rating [+]08/30/2024B+AA08/07/2016S&P Rating [+]
AA-02/11/2020Fitch Rating [+]
Corruption Index [+]202346chart632023Corruption Index [+]
Competitiveness Ranking [+]201973ºchart13º2019Competitiveness Ranking [+]
Fragile States Index [+]202456.9chart29.82024Fragile States Index [+]
RTI Raking [+]202461ºchart45º2024RTI Raking [+]
Innovation Ranking [+]202465ºchart6º2024Innovation Ranking [+]
Labour
Unemployment rate [+]2023Q412.2%chart2.8%2024Q4Unemployment rate [+]
Unemployed [+]2023Q439Kchart814K2024Q4Unemployed [+]
NMW [+]2025$759.7chart$1,418.52025NMW [+]
NMW [+]2025€670.0chart€1,368.22025NMW [+]
$37,2292015Average Wage [+]
€32,2082024Average Wage [+]
27º2017Human Capital Ranking [+]
Markets
1,718.110001/22/2026Euro / South Korean won [+]
US Dollar exchange rate [+]01/22/20260.8543chart1,472.800001/22/2026US Dollar exchange rate [+]
Stock ExchangeYTD % [+]01/22/2026-0.99%chart18.41%01/23/2026Stock ExchangeYTD % [+]
Prices
3.1%March 2024CPI (overall index) [+]
HICP [+]December 20253.7%
PPI Year on Year [+]November 2025-0.5%
Money Market
Key rates [+]06/11/20252.15%chart2.50%05/29/2025Key rates [+]
Business
Doing Business [+]202050ºchart5º2020Doing Business [+]
IPI Year on Year [+]November 2025-17.6%
1,489,363December 2023Passengers vehicles Year [+]
33.84December 2023Annual Vehicles/ 1,000 p. [+]
4,243,5972023Motor vehicle production [+]
457.802020Vehicles / 1,000 people [+]
Taxes
28.9%2023Tax Revenue (%GDP) [+]
Standard VAT [+]01/01/201921.00%chart10.00%01/01/2006Standard VAT [+]
Top tax rate + SSC [+]20209.0%chart51.9%2022Top tax rate + SSC [+]
Trade
Annual arrivals [+]20222,036,000chart17,502,7562019Annual arrivals [+]
Exports [+]2024€614.9Mchart€584,690.5M2023Exports [+]
Exports [+]2024$665.6Mchart$632,225.8M2023Exports [+]
Exports % GDP [+]20248.04%chart34.28%2023Exports % GDP [+]
Imports [+]2024€4,068.0Mchart€594,258.9M2023Imports [+]
Imports [+]2024$4,403.1Mchart$642,572.1M2023Imports [+]
Imports % GDP [+]202453.21%chart34.84%2023Imports % GDP [+]
Trade balance [+]2024€-3,453.1Mchart€-9,568.4M2023Trade balance [+]
Trade balance [+]2024$-3,737.6Mchart$-10,346.3M2023Trade balance [+]
Trade balance % GDP [+]2024-45.17%chart-0.56%2023Trade balance % GDP [+]
Retail Sales YoY [+]November 2025-2.1%
Socio-Demography
Global AgeWatch Ranking [+]201568ºchart60º2015Global AgeWatch Ranking [+]
Density [+]202445chart5152024Density [+]
Global Peace Ranking [+]202435ºchart46º2024Global Peace Ranking [+]
Crude divorce rate [+]20211.20‰chart1.80‰2024Crude divorce rate [+]
Remittance received ($M) [+]2017426.3chart6,331.82017Remittance received ($M) [+]
% Immigrant [+]202011.44%chart3.33%2020% Immigrant [+]
% Emigrant [+]202021.42%chart4.25%2020% Emigrant [+]
Birth Rate [+]202411.20‰chart4.70‰2024Birth Rate [+]
Remittance sent ($M) [+]201775.6chart5,989.12017Remittance sent ($M) [+]
Crude death rate [+]202410.20‰chart7.00‰2024Crude death rate [+]
Fertility Rate [+]20231.76chart0.752024Fertility Rate [+]
Crude marriage rate [+]20215.20‰chart4.40‰2024Crude marriage rate [+]
% risk of poverty [+]202320.0%
Population [+]2024623,327chart51,751,0002024Population [+]
Immigrant stock [+]202070,999chart1,728,1822020Immigrant stock [+]
Emigrant stock [+]2020132,965chart2,204,5542020Emigrant stock [+]
HDI [+]20220.844chart0.9292022HDI [+]
Gender Gap Ranking [+]202467ºchart94º2024Gender Gap Ranking [+]
Life expectancy [+]202377.60chart83.702024Life expectancy [+]
Suicides [+]201569chart12,9062022Suicides [+]
Suicide rate [+]201511.07chart25.002022Suicide rate [+]
Number of homicides [+]20235chart2472023Number of homicides [+]
Rate Homicides per 100.000 [+]20230.79chart0.482023Rate Homicides per 100.000 [+]
Energy and Environment
11.042023CO2 Tons per capita [+]
Consumption GWh [+]20232,719chart564,1832023Consumption GWh [+]
Generation GWh [+]20234,187chart583,8712023Generation GWh [+]
Others
COVID-19 - Deaths [+]12/28/20252,654chart35,93412/28/2025COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]12/28/2025251,280chart34,571,87312/28/2025COVID-19 - Confirmed [+]
Fully vaccinated [+]08/26/2022284,869chart44,372,67905/26/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]12/28/20254,257.80chart694.3612/28/2025COVID-19 - Deaths per million population [+]
Doses administered [+]08/26/2022679,171chart129,647,78412/12/2022Doses administered [+]
Montenegro
South Korea