Montenegro GDP

GDP nominal (2023)
$7,530,593,375
GDP growth rate
(2023)
6.34%
(Current US Dollars). Sources include: World Bank, United Nations.
  • Nominal (current) Gross Domestic Product (GDP) of Montenegro is $7,530,593,375 (USD) as of 2023.
  • Real GDP (constant, inflation adjusted) of Montenegro reached $5,177,944,070 in 2023.
  • GDP Growth Rate in 2023 was 6.34%, representing a change of 308,604,043 US$ over 2022, when Real GDP was $4,869,340,027.
  • GDP per Capita in Montenegro (with a population of 633,552 people) was $8,173 in 2023, an increase of $251 from $7,922 in 2022; this represents a change of 3.2% in GDP per capita.

Montenegro GDP (Nominal, $USD) 2003-2023

GDP Change (%)

Gross Domestic Product (GDP) of Montenegro

Year GDP Nominal
(Current USD)
GDP Real
(Inflation adj.)
GDP
Change
GDP per
capita
Pop.
Change
Population
2023 $7,530,593,375 $5,177,944,070 6.34% $8,173 3.08% 633,552
2022 $6,229,801,581 $4,869,340,027 6.41% $7,922 1.79% 614,648
2021 $5,861,427,505 $4,576,160,080 13.04% $7,578 −0.67% 603,851
2020 $4,769,996,866 $4,048,142,111 −15.31% $6,659 −0.61% 607,935
2019 $5,542,054,181 $4,779,777,588 4.06% $7,814 −0.67% 611,667
2018 $5,506,942,238 $4,593,160,023 5.08% $7,459 −0.7% 615,795
2017 $4,856,599,481 $4,371,195,572 4.72% $7,049 −0.66% 620,114
2016 $4,376,930,578 $4,174,315,434 2.95% $6,687 −0.62% 624,249
2015 $4,054,730,078 $4,054,730,078 3.39% $6,455 −0.51% 628,145
2014 $4,593,853,291 $3,921,767,212 1.78% $6,211 −0.29% 631,375
2013 $4,465,772,400 $3,853,040,581 3.55% $6,085 −0.05% 633,202
2012 $4,087,526,242 $3,720,983,620 −2.72% $5,873 0.13% 633,540
2011 $4,544,428,421 $3,825,173,339 3.23% $6,046 0.09% 632,688
2010 $4,142,983,843 $3,705,541,738 2.73% $5,862 −0.06% 632,088
2009 $4,159,330,370 $3,606,916,694 −5.8% $5,703 −0.06% 632,438
2008 $4,545,674,528 $3,828,799,329 7.22% $6,050 −0.08% 632,845
2007 $3,680,711,744 $3,570,883,265 6.81% $5,638 −0.08% 633,379
2006 $2,721,903,149 $3,343,205,923 8.57% $5,274 −0.03% 633,871
2005 $2,257,174,481 $3,079,410,727 4.18% $4,857 0.05% 634,050
2004 $2,073,234,418 $2,955,838,797 4.43% $4,664 0.03% 633,754
2003 $1,707,710,053 $2,830,556,913 2.48% $4,468 −0.03% 633,559

Sources:

See also