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Montenegro — GDP growth

Also known as economic growth rate, GDP growth rate, annual growth of the economy, growth rate.

GDP Growth (Annual %) for Montenegro, 1998–2025.

Latest value · 2025
2.74%
GDP Growth (Annual %) · annual % · -44.0% since 1998
Free for any use — attribution is the link itself.

GDP growth for Montenegro was 2.74% in 2025, according to the latest World Bank data. The series covers 28 years, from 1998 to 2025. The highest recorded value was 13.05% in 2021. The lowest was -14.99% in 2020 (about -5.5× the latest value). Across that span the compound annual growth rate works out to -2.12% per year.

Montenegro ranks 125 of 212 economies on this measure (1 = highest), putting it in the top 59%. The median for Europe & Central Asia is 2.03%, so Montenegro sits above it. It peaked in 2021 and has fallen 79% since. Over the last decade (2015–2025) the figure moved up 9%. Within Europe & Central Asia it ranks 23 of 57 economies; Czechia (2.58%) is just below it. Its sharpest one-year move was down 441% in 2020. That is 17% below this series' own ten-year average.

Data highlights

From its 1998 level: doubled by 2021.

World ranking. Slipped: 61st of 199 in 1998 → 139th of 199 in 2000 → 128th of 209 in 2010 → 190th of 209 in 2020 → 114th of 186 in 2025.

Adjacent in the latest world ranking (125 of 212): Belize (#124) · Kuwait (#126).

Key figures

Latest (2025)
2.74%
First (1998)
4.90%
Change
-44.0%
Highest
13.05%
in 2021
Lowest
-14.99%
in 2020
Average
2.69%
Annual growth (CAGR)
-2.12%
Years of data
28

Recent published years. 2025 — 2.74% · 2024 — 3.16% · 2023 — 6.48% · 2022 — 7.74% · 2021 — 13.05%.

Full history — 1998 to 2025

All 28 published years for this series, most recent first. Years the source does not publish are omitted rather than interpolated.

Montenegro — GDP growth
Yearannual %Change
20252.74%-0.4 pp
20243.16%-3.3 pp
20236.48%-1.3 pp
20227.74%-5.3 pp
202113.05%+28.0 pp
2020-14.99%-19.4 pp
20194.39%-0.3 pp
20184.73%+1.5 pp
20173.22%-0.2 pp
20163.44%+0.9 pp
20152.52%+0.2 pp
20142.37%-1.0 pp
20133.39%+5.9 pp
2012-2.49%-5.9 pp
20113.41%+0.6 pp
20102.78%+8.8 pp
2009-5.99%-12.9 pp
20086.9%-0.2 pp
20077.14%-1.4 pp
20068.57%+4.4 pp
20054.18%-0.2 pp
20044.43%+1.9 pp
20032.48%+0.6 pp
20021.9%+0.8 pp
20011.1%-2.0 pp
20003.1%+12.5 pp
1999-9.4%-14.3 pp
19984.9%—
Reading this correctly. Annual percentage growth rate of GDP at constant market prices. A negative value means the economy contracted that year. Figures are in annual %. Comparing this series with a different measure of the same concept (for example a nominal figure against a purchasing-power-parity figure) will give misleading results.

Frequently asked questions

What was Montenegro’s GDP growth in 1999?

-9.4% (1999). The full year-by-year table above lists every published year, most recent first.

Are changes in this series measured in percentage points?

Yes. The series is a share expressed in annual %, so year-over-year movements in the Change column are percentage points (pp), not percent.

Is Montenegro’s GDP growth growing or shrinking?

Between 1998 and 2025 the series was shrinking overall: -44.0% in total — about 2.1% a year compounded.

Where does this data come from?

World Bank Open Data (CC BY-4.0), indicator NY.GDP.MKTP.KD.ZG. Values are reproduced as published; this page only computes summary statistics such as change, CAGR and extremes.

What are the most recent published figures?

The last five published years: 2025: 2.74%; 2024: 3.16%; 2023: 6.48%; 2022: 7.74%; 2021: 13.05%. Earlier years are in the full-history table below.

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Source. World Bank Open Data, indicator NY.GDP.MKTP.KD.ZG — GDP Growth (Annual %). Data licensed under CC BY 4.0. Values are reproduced as published; this page computes the summary statistics (change, CAGR, extremes) from the underlying annual series. View the original dataset on data.worldbank.org.
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