Montenegro GDP Growth

GDP Growth Rate

Year -

5.98%

In 2023, Montenegro experienced a significant a decrease in its GDP growth rate, which fall to 5.98% from 6.41% in 2022. Additionally, the GDP per capita growth rate in Montenegro decrease to 6.16% in 2023, compared to 6.75% in 2022.

Montenegro GDP Growth

In 2023, Montenegro experienced a decrease in economic performance, with the GDP growth rate falling by 0.43%. Additionally, the GDP per capita growth rate decrease by 0.59%.

Montenegro Annual GDP Growth Table

Source: Worldbank Growth Growth Capita

Montenegro Annual GDP Growth
Year GDP Growth Net Chg GDP Capita Growth Net Chg
1961----
1962----
1963----
1964----
1965----
1966----
1967----
1968----
1969----
1970----
1971----
1972----
1973----
1974----
1975----
1976----
1977----
1978----
1979----
1980----
1981----
1982----
1983----
1984----
1985----
1986----
1987----
1988----
1989----
1990----
1991----
1992----
1993----
1994----
1995----
1996----
1997----
19984.9-5.22-
1999-9.4%-14.30%-9.15%-14.37%
20003.1%12.50%3.28%12.43%
20011.1%-2.00%0.69%-2.59%
20021.9%0.80%1.5%0.81%
20032.48%0.58%2.07%0.57%
20044.43%1.95%4.24%2.17%
20054.18%-0.25%4.03%-0.21%
20068.57%4.39%8.43%4.40%
20076.81%-1.76%6.66%-1.77%
20087.22%0.41%7.03%0.37%
2009-5.8%-13.02%-6%-13.03%
20102.73%8.53%2.55%8.55%
20113.23%0.50%3.12%0.57%
2012-2.72%-5.95%-2.81%-5.93%
20133.55%6.27%3.45%6.26%
20141.78%-1.77%1.68%-1.77%
20153.39%1.61%3.33%1.65%
20162.95%-0.44%2.93%-0.40%
20174.72%1.77%4.7%1.77%
20185.08%0.36%5.1%0.40%
20194.06%-1.02%4.1%-1.00%
2020-15.31%-19.37%-15.21%-19.31%
202113.04%28.35%13.43%28.64%
20226.41%-6.63%6.75%-6.68%
20235.98%-0.43%6.16%-0.59%