Montenegro, is a country located at Southern Europe, it has an area of 13,810 Km2 so it is one of the smallest countries in the world.

Montenegro, with a population of 633,000 people, it is one of the least populous country in the world and it has a moderate population density, 46 people per km2.

It's capital is Podgorica and its currency is Euros

Montenegro is holding the 156 position by nominal GDP. Its national debt in 2023 was 4,211 millions of euros (4,555 millions of dollars), ( 61.5% debt-to-GDP ratio) and its public debt per capita is €6,652 euros per inhabitant$7,196 dollars per inhabitant.

In terms of the human development index (HDI) of Montenegro, which is the index used by the United Nations to measure the progress of a country, was 0.832 points in 2021, leaving it in 49th place in the table of 191 countries published.

If the reason to visit Montenegro are business, you must know it's in the 50th of the Doing Business ranking , which provides objective measures of business regulations for local firms.

In the tables at the bottom of the page, you can see more information about the economy and demography of Montenegro, if you want to see information about other countries click here

Podgorica: Monthly Temp.
Podgorica: Monthly Rainfall
Montenegro Economy
Gouvernement
Qu. GDP Per Capita [+]2024Q32,984K
Annual GDP [+]2023€6,964M
Annual GDP [+]2023$7,406M
GDP per capita [+]2023€11,000
GDP per capita [+]2023$11,696
Quarterly GDP [+]2024Q3€1,889M
Debt (M.€.) [+]20234,211
Debt ($M) [+]20234,555
Debt (%GDP) [+]202361.50%
Debt Per Capita [+]2023€6,652
Debt Per Capita [+]2023$7,196
Deficit (M.€) [+]202352
Deficit ($M) [+]202356
Deficit (%GDP) [+]20230.76%
Expenditure (M.€) [+]20232,811.0
Expenditure ($M) [+]20233,040.5
Gov. Health Exp. (M.€) [+]2021320.0
Gov. Health Exp.($M) [+]2021378.0
Gov. Health Exp. (%Bud.) [+]202114.40%
Defence Expenditure (M.€) [+]202295.2
Defence Expenditure ($M) [+]2022100.4
Defence Expenditure (%Bud.) [+]20223.95%
Expenditure (%GDP) [+]202341.06%
Expenditure Per Capita [+]2023€4,441
Expenditure Per Capita [+]2023$4,803
Gov. Health Exp. P.C. [+]2021€509
Gov. Health Exp. P.C. [+]2021$603
Defence Expenditure P.C. [+]2022€154
Defence Expenditure P.C. [+]2022$163
Moody's Rating [+]09/27/2024Ba3
S&P Rating [+]08/30/2024B+
Corruption Index [+]202245
Competitiveness Ranking [+]201973º
Fragile States Index [+]201855.3
RTI Raking [+]202260º
Innovation Ranking [+]201852º
Labour
Unemployment rate [+]2022Q414.8%
Unemployed [+]2022Q445K
NMW [+]2024$577.9
NMW [+]2024€532.5
Markets
US Dollar exchange rate [+]01/17/20250.9711
Stock ExchangeYTD % [+]01/17/20251.63%
Prices
HICP [+]December 20242.6%
PPI Year on Year [+]April 20242.3%
Money Market
Key rates [+]12/18/20243.15%
Business
Doing Business [+]202050º
IPI Year on Year [+]April 2024-7.8%
Taxes
Standard VAT [+]01/01/201921.00%
Top tax rate + SSC [+]20209.0%
Trade
Annual arrivals [+]20192,509,625
Exports [+]2023€674.3M
Exports [+]2023$679.5M
Exports % GDP [+]20239.68%
Imports [+]2023€3,810.1M
Imports [+]2023$4,118.1M
Imports % GDP [+]202354.71%
Trade balance [+]2023€-3,135.8M
Trade balance [+]2023$-3,438.7M
Trade balance % GDP [+]2023-45.03%
Retail Sales YoY [+]December 202311.6%
Socio-Demography
Global AgeWatch Ranking [+]201568º
Density [+]202346
Global Peace Ranking [+]202345º
Crude divorce rate [+]20211.20‰
Remittance received ($M) [+]2017426.3
% Immigrant [+]202011.44%
% Emigrant [+]202021.42%
Birth Rate [+]202211.40‰
Remittance sent ($M) [+]201775.6
Crude death rate [+]202211.50‰
Fertility Rate [+]20221.78
Crude marriage rate [+]20215.20‰
% risk of poverty [+]202220.3%
Population [+]2023633,000
Immigrant stock [+]202070,999
Emigrant stock [+]2020132,965
HDI [+]20210.832
Gender Gap Ranking [+]202369º
Life expectancy [+]202276.19
Suicides [+]201569
Suicide rate [+]201511.07
Number of homicides [+]20235
Rate Homicides per 100.000 [+]20230.79
Energy and Environment
Consumption GWh [+]20222,963
Generation GWh [+]20223,329
Others
COVID-19 - Deaths [+]08/04/20242,654
COVID-19 - Confirmed [+]08/04/2024251,280
Fully vaccinated [+]08/26/2022284,869
COVID-19 - Deaths per million population [+]08/04/20244,192.73
Doses administered [+]08/26/2022679,171