ECONDEX

Economic and development data for every country, explained with the numbers checked.

Montenegro

Europe & Central Asia. Upper middle income. Capital: Podgorica. Population 623,129 (2025).

Key trends

GDP per person (PPP) (constant international $)
14,291 21,444 28,597 1997 2025 28,895
GDP growth (%)
−14.4 −1.0 12.5 1998 2025 2.7
Inflation, consumer prices (% annual)
−0.4 6.2 12.8 2006 2025 3.9
Life expectancy at birth (years)
73.2 75.5 77.8 1995 2024 77.9

Indicators

Each country reports for different years, so check the year beside every figure. Rank 1 is the highest value among countries with recent data.

Economy

IndicatorLatestYear 5-yr change10-yr change RankTrend
GDP per person (PPP)constant international $ 28,895 2025 +7,991 +7,763 74 of 199
GDP growth% 2.7% 2025 +17.7 pp +0.2 pp 124 of 209
GDP per person growth% 2.8% 2025 +17.8 pp +0.4 pp 89 of 209
GNI per person (Atlas method)current US$ 14,150 2025 +6,370 +7,000 79 of 201
Trade% of GDP 105.8% 2025 +17.9 pp +1.6 pp 54 of 183
Foreign direct investment, net inflows% of GDP 7.3% 2025 −3.9 pp −10.1 pp 27 of 195

Prices and jobs

IndicatorLatestYear 5-yr change10-yr change RankTrend
Inflation, consumer prices% annual 3.9% 2025 +4.2 pp +2.4 pp 61 of 180
Unemployment (modelled ILO estimate)% of labour force 13.6% 2025 −4.3 pp −4.0 pp 19 of 186

People and health

IndicatorLatestYear 5-yr change10-yr change RankTrend
Populationpeople 623,129 2025 −3,461 −1,522 169 of 217
Population growth% annual −0.1% 2025 0.0 pp −0.2 pp 175 of 217
Urban population% of total 65.6% 2025 +0.4 pp +0.8 pp 105 of 217
Life expectancy at birthyears 77.9 2024 +1.2 +1.6 75 of 217
Infant mortalityper 1,000 live births 1.9 2024 −0.7 −2.0 191 of 196
Health spending% of GDP 9.7% 2023 +1.3 pp +1.2 pp 33 of 193

Education

IndicatorLatestYear 5-yr change10-yr change RankTrend
Adult literacy rate% of people aged 15+ 98.5% 2018 * +0.1 pp – –

Access and infrastructure

IndicatorLatestYear 5-yr change10-yr change RankTrend
Internet users% of population 88.9% 2024 +15.4 pp +25.0 pp 65 of 185
Access to electricity% of population 100.0% 2024 0.0 pp +2.3 pp 62 of 215

Inequality and poverty

IndicatorLatestYear 5-yr change10-yr change RankTrend
Gini index (inequality)index, 0 to 100 34.3 2021 * −4.2 +3.5 –
Poverty headcount ratio% of population, at the World Bank international poverty line 2.5% 2021 * −0.8 pp +2.1 pp –

Environment and energy

IndicatorLatestYear 5-yr change10-yr change RankTrend
Renewable energy% of final energy consumption 39.6% 2021 −4.3 pp −3.2 pp 60 of 212

* Latest figure is too old to be included in rankings or peer medians.

Advanced metrics

Indicator Own history Versus peers (latest) Growth and catch-up
10-yr meanZ-score Income group medianRegion medianVolatility (σ) 10-yr CAGR% of high-income median10 yrs earlier
GDP per person (PPP) 23,915 +2.0 17,730 42,577 2,475 +3.2% 59% 47%
GDP growth 3.4% −0.1 3.2% 2.1% 7.2 – – –
GDP per person growth 3.4% −0.1 3.2% 1.9% 7.2 – – –
GNI per person (Atlas method) 8,982 +2.8 7,775 26,410 1,868 +7.1% 39% 26%
Trade 108.2% −0.3 79.8% 100.8% 9.7 – – –
Foreign direct investment, net inflows 10.2% −0.8 2.4% 1.9% 3.7 – – –
Inflation, consumer prices 3.4% +0.1 3.3% 3.7% 4.2 – – –
Unemployment (modelled ILO estimate) 15.7% −1.2 5.5% 5.6% 1.7 – – –
Population 625,146 −1.6 6,549,143 5,827,802 1,291 0.0% 21% 24%
Population growth 0.0% −0.4 0.5% 0.3% 0.1 – – –
Urban population 65.2% +1.7 65.4% 69.3% 0.2 – – –
Life expectancy at birth 76.4 +1.3 74.5 79.9 1.1 – – –
Infant mortality 2.8 −1.4 11.2 3.4 0.6 – – –
Health spending 9.1% +0.5 6.2% 7.9% 1.2 – – –
Internet users 75.5% +1.6 82.0% 91.9% 8.4 – – –
Access to electricity 99.7% +0.5 100.0% 100.0% 0.7 – – –
Gini index (inequality) 37.2 −1.0 – – 2.9 – – –
Poverty headcount ratio 3.5% −0.7 – – 1.5 – – –
Renewable energy 42.8% −0.9 13.8% 19.3% 3.7 – – –

Compare Montenegro with other countries