Montenegro 2021
Detailed economic analysis and indicators for 2021
Key Economic Indicators (2021)
GDP (Current USD)
$5.86 billion
↑ 22.88% vs 2020GDP per Capita
$9,465.96
↑ 23.30% vs 2020GDP Growth (Annual %)
13.04%
↑ 28.35pp vs 2020Inflation Rate (CPI %)
2.41%
↑ 2.67pp vs 2020Year-over-Year Comparison
| Indicator | 2020 | 2021 | Change |
|---|---|---|---|
| GDP (Current USD) | $4.77 billion | $5.86 billion | +22.88% |
| GDP per Capita | $7,677.37 | $9,465.96 | +23.30% |
| GDP Growth (Annual %) | -15.31% | 13.04% | +28.35pp |
| Inflation (CPI %) | -0.26% | 2.41% | +2.67pp |
| Unemployment Rate (%) | 17.88% | 16.54% | -1.34pp |
All Economic Indicators (2021)
National Accounts
- GDP (Current USD)
- $5.86 billion
- GDP per Capita
- $9,465.96
- GDP Growth (Annual %)
- 13.04%
- Gross National Income
- $5.98 billion
Prices & Employment
- Inflation (CPI %)
- 2.41%
- Inflation (GDP Deflator %)
- 4.73%
- Unemployment Rate (%)
- 16.54%
- Interest Rate (Real %)
- 0.99%
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)
- -9.23%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2021, Montenegro's Gross Domestic Product (GDP) is $5.86 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Montenegro for 2021 is $9,465.96. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Montenegro for 2021 is 2.41%. This measures the annual percentage change in the cost of consumer goods and services.
Montenegro's annual GDP growth rate for 2021 is 13.04%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Montenegro for 2021 is 16.54%. This represents the percentage of the labor force that is unemployed and actively seeking employment.