Montenegro 2024
Detailed economic analysis and indicators for 2024
Key Economic Indicators (2024)
GDP (Current USD)
$7.92 billion
↑ 5.24% vs 2023GDP per Capita
$12,861.47
↑ 5.24% vs 2023GDP Growth (Annual %)
5.24%
↓ 1.10pp vs 2023Inflation Rate (CPI %)
3.34%
↓ 5.25pp vs 2023Year-over-Year Comparison
| Indicator | 2023 | 2024 | Change |
|---|---|---|---|
| GDP (Current USD) | $7.53 billion | $7.92 billion | +5.24% |
| GDP per Capita | $12,221.48 | $12,861.47 | +5.24% |
| GDP Growth (Annual %) | 6.34% | 5.24% | -1.10pp |
| Inflation (CPI %) | 8.58% | 3.34% | -5.25pp |
| Unemployment Rate (%) | 14.62% | 14.10% | -0.52pp |
All Economic Indicators (2024)
National Accounts
- GDP (Current USD)
- $7.92 billion
- GDP per Capita
- $12,861.47
- GDP Growth (Annual %)
- 5.24%
- Gross National Income
- N/A
Prices & Employment
- Inflation (CPI %)
- 3.34%
- Inflation (GDP Deflator %)
- N/A
- Unemployment Rate (%)
- 14.10%
- Interest Rate (Real %)
- N/A
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)
- N/A
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2024, Montenegro's Gross Domestic Product (GDP) is $7.92 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Montenegro for 2024 is $12,861.47. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Montenegro for 2024 is 3.34%. This measures the annual percentage change in the cost of consumer goods and services.
Montenegro's annual GDP growth rate for 2024 is 5.24%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Montenegro for 2024 is 14.10%. This represents the percentage of the labor force that is unemployed and actively seeking employment.