Montenegro 2020
Detailed economic analysis and indicators for 2020
Key Economic Indicators (2020)
GDP (Current USD)
$4.77 billion
↓ 13.93% vs 2019GDP per Capita
$7,677.37
↓ 13.83% vs 2019GDP Growth (Annual %)
-15.31%
↓ 19.37pp vs 2019Inflation Rate (CPI %)
-0.26%
↓ 0.62pp vs 2019Year-over-Year Comparison
| Indicator | 2019 | 2020 | Change |
|---|---|---|---|
| GDP (Current USD) | $5.54 billion | $4.77 billion | -13.93% |
| GDP per Capita | $8,909.65 | $7,677.37 | -13.83% |
| GDP Growth (Annual %) | 4.06% | -15.31% | -19.37pp |
| Inflation (CPI %) | 0.36% | -0.26% | -0.62pp |
| Unemployment Rate (%) | 15.13% | 17.88% | +2.75pp |
All Economic Indicators (2020)
National Accounts
- GDP (Current USD)
- $4.77 billion
- GDP per Capita
- $7,677.37
- GDP Growth (Annual %)
- -15.31%
- Gross National Income
- $4.85 billion
Prices & Employment
- Inflation (CPI %)
- -0.26%
- Inflation (GDP Deflator %)
- -0.18%
- Unemployment Rate (%)
- 17.88%
- Interest Rate (Real %)
- 6.09%
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)
- -25.93%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2020, Montenegro's Gross Domestic Product (GDP) is $4.77 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Montenegro for 2020 is $7,677.37. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Montenegro for 2020 is -0.26%. This measures the annual percentage change in the cost of consumer goods and services.
Montenegro's annual GDP growth rate for 2020 is -15.31%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Montenegro for 2020 is 17.88%. This represents the percentage of the labor force that is unemployed and actively seeking employment.