The Gross Domestic Product (GDP) in Montenegro was worth 5.60 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The GDP value of Montenegro represents less than 0.01 percent of the world economy.

GDP in Montenegro averaged 3.54 USD Billion from 2000 until 2019, reaching an all time high of 5.60 USD Billion in 2019 and a record low of 0.98 USD Billion in 2000. This page provides the latest reported value for - Montenegro GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Montenegro GDP - values, historical data and charts - was last updated on June of 2020. source: World Bank

GDP in Montenegro is expected to reach 5.90 USD Billion by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Montenegro GDP is projected to trend around 6.00 USD Billion in 2021 and 6.20 USD Billion in 2022, according to our econometric models.

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Montenegro GDP

Actual Previous Highest Lowest Dates Unit Frequency
5.60 5.45 5.60 0.98 2000 - 2019 USD Billion Yearly
Current USD

Montenegro GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate 3.10 4.70 10.70 -5.70 percent [+]
GDP 5.60 5.45 5.60 0.98 USD Billion [+]
GDP Constant Prices 1211.88 1602.92 1602.92 602.20 EUR Million [+]
GDP per capita 8226.60 7845.40 8226.60 4793.05 USD [+]
GDP per capita PPP 17278.06 16477.39 17278.06 10066.69 USD [+]
Gross Fixed Capital Formation 331525.00 377332.00 377332.00 125180.00 EUR Thousand [+]


Montenegro GDP
The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time.
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