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Montenegro — Inflation

Inflation, Consumer Prices (Annual %) for Montenegro, 2006–2025.

Latest value · 2025
3.90%
Inflation, Consumer Prices (Annual %) · annual % · +33.3% since 2006

Inflation for Montenegro was 3.90% in 2025, according to the latest World Bank data. The series covers 20 years, from 2006 to 2025. The highest recorded value was 13.04% in 2022. The lowest was -0.71% in 2014 (about -5.5× the low point). Across that span the compound annual growth rate works out to 1.53% per year.

Montenegro ranks 64 of 187 economies on this measure (1 = highest), putting it in the top 34%. The median for Europe & Central Asia is 3.79%, so Montenegro sits above it. It peaked in 2022 and has fallen 70% since. Over the last decade (2015–2025) the figure moved up 152%.

Key figures

Latest (2025)
3.90%
First (2006)
2.92%
Change
+33.3%
Highest
13.04%
in 2022
Lowest
-0.71%
in 2014
Average
3.34%
Annual growth (CAGR)
1.53%
Years of data
20

Recent years

Yearannual %
20253.9%
20243.34%
20238.58%
202213.04%
20212.41%
2020-0.26%
20190.36%
20182.61%
20172.38%
2016-0.27%
20151.55%
2014-0.71%
Reading this correctly. Annual percentage change in the cost to the average consumer of acquiring a basket of goods and services. A negative value means deflation. 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.

Related data

Source. World Bank Open Data, indicator FP.CPI.TOTL.ZG — Inflation, Consumer Prices (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.