Gross Domestic Product of Montenegro grew 6% in 2023 compared to last year. This rate is 4 -tenths of one percent less than the figure of 6.4% published in 2022.
The GDP figure in 2023 was €6,847$7,404 million, Montenegro is number 155 in the ranking of GDP of the 196 countries that we publish. The absolute value of GDP in Montenegro rose €923$1,174 million with respect to 2022.
The GDP per capita of Montenegro in 2023 was €11,103$12,006, €1,503$1,904 higher than in 2022, it was €9,600$10,102. 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 2013 when the GDP per capita in Montenegro was €5,410$7,189.
If we order the countries according to their GDP per capita, Montenegro is in 73th 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.