Montenegro Montenegro GDP - Gross Domestic Product

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GDP Montenegro 2021

GDP grows 12.4% in Montenegro

Gross Domestic Product of Montenegro grew 12.4% in 2021 compared to last year. This rate is 277 -tenths of one percent higher than the figure of -15.3% published in 2020.

The GDP figure in 2021 was €4,912$5,809 million, Montenegro is number 156 in the ranking of GDP of the 196 countries that we publish. The absolute value of GDP in Montenegro rose €726$1,032 million with respect to 2020.

The GDP per capita of Montenegro in 2021 was €7,913$9,358, €1,173$1,669 higher than in 2020, it was €6,740$7,689. To view the evolution of the GDP per capita, it is interesting to look back a few years and compare these data with those of 2011 when the GDP per capita in Montenegro was €5,270$7,327.

If we order the countries according to their GDP per capita, Montenegro is in 77th position of the 196 countries whose GDP we publish.

Here we show you the progression of the GDP in Montenegro. You can see GDP in other countries in GDP and see all the economic information about Montenegro in Montenegro's economy.

Evolution: Annual GDP Montenegro
DateAnnual GDPAnnual GDPGDP Growth (%)
2021€4,912M$5,809M12.4%
2020€4,186M$4,777M-15.3%
2019€4,951M$5,543M4.1%
2018€4,663M$5,509M5.1%
2017€4,299M$4,855M4.7%
2016€3,954M$4,376M2.9%
2015€3,655M$4,055M3.4%
2014€3,458M$4,595M1.8%
2013€3,363M$4,466M3.5%
2012€3,182M$4,090M-2.7%
2011€3,265M$4,544M3.2%
2010€3,125M$4,146M2.7%
2009€2,994M$4,171M-5.8%
2008€3,103M$4,564M7.2%
2007€2,689M$3,686M6.8%
2006€2,170M$2,724M8.6%
2005€1,815M$2,261M4.2%
2004€1,670M$2,073M4.4%
2003€1,510M$1,681M2.5%
2002€1,360M$1,269M1.9%
2001€1,295M$1,150M11.1%
2000€1,066M$966M3.1%
1999€785M$837M-9.4%
1998€773M$859M4.6%
1997€750M$846M6.6%
1996€672M$874M27.6%
1995€890M$1,215M14.3%
1994€702M$846M1.5%
1993€693M$820M-36.5%
1992€1,183M$1,481M-23.5%
1991€1,488M$1,754M-10.8%
1990€1,774M$2,147M
Evolution: GDP per capita Montenegro
DateGDP per capita GDP per capita GDP P.C. Annual GrowthGDP P.C. Annual Growth
2021€7,913$9,35817.4%21.7%
2020€6,740$7,689-15.3%-13.7%
2019€7,960$8,9116.3%0.6%
2018€7,490$8,8558.4%13.5%
2017€6,910$7,8008.8%10.9%
2016€6,350$7,0328.2%7.9%
2015€5,870$6,5175.6%-11.8%
2014€5,560$7,3902.8%2.8%
2013€5,410$7,1895.5%9.1%
2012€5,130$6,591-2.7%-10.1%
2011€5,270$7,3274.4%9.5%
2010€5,050$6,6944.3%-0.8%
2009€4,840$6,746-3.8%-8.8%
2008€5,030$7,39715.1%23.6%
2007€4,370$5,98523.8%35.1%
2006€3,530$4,43019.2%20.4%
2005€2,961$3,6808.8%8.9%
2004€2,721$3,38011.9%23.1%
2003€2,432$2,74610.1%31.9%
2002€2,209$2,0814.4%9.9%
2001€2,116$1,89422.1%18.6%
2000€1,733$1,59733.1%15.1%
1999€1,302$1,3872.8%-1.5%
1998€1,266$1,4082.6%1.1%
1997€1,234$1,39211.2%-3.5%
1996€1,110$1,443-24.8%-28.3%
1995€1,476$2,01433.1%50.7%
1994€1,109$1,336-2.4%-0.6%
1993€1,136$1,344-41.6%-44.8%
1992€1,943$2,434-20.7%-15.8%
1991€2,452$2,889-16.2%-18.4%
1990€2,925$3,541
Evolution: GDP growth rate at constant prices Montenegro
Evolution: GDP per capita Montenegro
GDP Montenegro