Montenegro Montenegro

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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 621,873 people, it is one of the least populous country in the world and it has a moderate population density, 45 people per km2.

It's capital is Podgorica and its currency is Euros

Montenegro is holding the 158 position by nominal GDP. Its national debt in 2020 was 4,568 millions of euros (5,218 millions of dollars), ( 108.85% debt-to-GDP ratio) and its public debt per capita is 7,346€ euros per inhabitant8,390$ 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 0.829 points in 2019, leaving it in 48th place in the table of 189 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
Annual GDP [+]20204,193M.€
Annual GDP [+]20204,790M.$
GDP per capita [+]20206,743€
GDP per capita [+]20207,703$
Debt (M.€.) [+]20204,568
Debt (M.$.) [+]20205,218
Debt (%GDP) [+]2020108.85%
Debt Per Capita [+]20207,346€
Debt Per Capita [+]20208,390$
Deficit (M.€) [+]2020-454
Deficit (M.$) [+]2020-519
Deficit (%GDP) [+]2020-10.82%
Expenditure (M.€) [+]20202,253.0
Expenditure (M.$) [+]20202,573.4
Gov. Health Exp. (M.€) [+]2016226.7
Gov. Health Exp.(M.$) [+]2016250.9
Gov. Health Exp. (%Bud.) [+]201612.06%
Defence Expenditure (M.€) [+]201981.4
Defence Expenditure (M.$) [+]201991.1
Defence Expenditure (%Bud.) [+]20193.63%
Expenditure (%GDP) [+]202053.69%
Expenditure Per Capita [+]20203,623€
Expenditure Per Capita [+]20204,138$
Gov. Health Exp. P.C. [+]2016360€
Gov. Health Exp. P.C. [+]2016399$
Defence Expenditure P.C. [+]2019131€
Defence Expenditure P.C. [+]2019146$
Moody's Rating [+]03/06/2020B1
S&P Rating [+]03/05/2021B
Corruption Index [+]202045
Competitiveness Ranking [+]201973º
Fragile States Index [+]201855.3
RTI Raking [+]09/28/201859º
Innovation Ranking [+]201852º
Unemployment rate [+]2020Q421.2%
Unemployed [+]2020Q454 m.
NMW [+]2021406.6 $
NMW [+]2021331.3 €
US Dollar exchange rate [+]06/18/20210.8405
Stock ExchangeYTD % [+]06/18/20219.34%
HICP [+]July 2016-0.5%
PPI Year on Year [+]April 20212.1%
Money Market
Key rates [+]10/17/20170%
Doing Business [+]201950º
IPI Year on Year [+]April 202134.3%
Standard VAT [+]01/01/201921.00%
Top tax rate + SSC [+]20209.0%
Annual arrivals [+]20192,509,625
Exports [+]2020365.3 M.€
Exports [+]2017419.3 M.$
Exports % GDP [+]20208.71%
Imports [+]20202,103.4 M.€
Imports [+]20172,612.1 M.$
Imports % GDP [+]202050.16%
Trade balance [+]2020-1,738.1 M.€
Trade balance [+]2017-2,192.8 M.$
Trade balance % GDP [+]2020-41.45%
Retail Sales YoY [+]December 2020-9.6%
Global AgeWatch Ranking [+]201568º
Density [+]201945
Global Peace Ranking [+]202069º
Crude divorce rate [+]20191.40‰
Remittance received (M.$) [+]2017426.3
% Immigrant [+]201911.41%
% Emigrant [+]201924.60%
Birth Rate [+]201911.60‰
Remittance sent (M.$) [+]201775.6
Crude death rate [+]201910.60‰
Fertility Rate [+]20191.77
Crude marriage rate [+]20195.70‰
Population [+]2019621,873
Immigrant stock [+]201970,967
Emigrant stock [+]2019153,009
HDI [+]20190.829
Gender Gap Ranking [+]202071º
Life expectancy [+]201976.70
Suicides [+]201569
Suicide rate [+]201511.07
Number of homicides [+]201814
Rate Homicides per 100.000 [+]20182.23
Energy and Environment
Consumption GWh [+]20182,998
Generation GWh [+]20183,697
COVID-19 - Deaths [+]06/17/20211,604
COVID-19 - Confirmed [+]06/17/2021100,020
Fully vaccinated [+]06/18/2021123,273
COVID-19 - Deaths per million population [+]06/17/20212,579.30
Doses administered [+]06/18/2021270,237