Montenegro 2016
Detailed economic analysis and indicators for 2016
Key Economic Indicators (2016)
GDP (Current USD)
$4.38 billion
↑ 7.95% vs 2015GDP per Capita
$7,033.44
↑ 7.92% vs 2015GDP Growth (Annual %)
2.95%
↓ 0.44pp vs 2015Inflation Rate (CPI %)
-0.27%
↓ 1.82pp vs 2015Year-over-Year Comparison
| Indicator | 2015 | 2016 | Change |
|---|---|---|---|
| GDP (Current USD) | $4.05 billion | $4.38 billion | +7.95% |
| GDP per Capita | $6,517.19 | $7,033.44 | +7.92% |
| GDP Growth (Annual %) | 3.39% | 2.95% | -0.44pp |
| Inflation (CPI %) | 1.55% | -0.27% | -1.82pp |
| Unemployment Rate (%) | 17.56% | 17.73% | +0.18pp |
All Economic Indicators (2016)
National Accounts
- GDP (Current USD)
- $4.38 billion
- GDP per Capita
- $7,033.44
- GDP Growth (Annual %)
- 2.95%
- Gross National Income
- $4.42 billion
Prices & Employment
- Inflation (CPI %)
- -0.27%
- Inflation (GDP Deflator %)
- 5.10%
- Unemployment Rate (%)
- 17.73%
- Interest Rate (Real %)
- 2.73%
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- -16.16%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2016, Montenegro's Gross Domestic Product (GDP) is $4.38 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Montenegro for 2016 is $7,033.44. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Montenegro for 2016 is -0.27%. This measures the annual percentage change in the cost of consumer goods and services.
Montenegro's annual GDP growth rate for 2016 is 2.95%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Montenegro for 2016 is 17.73%. This represents the percentage of the labor force that is unemployed and actively seeking employment.