π²πͺ Montenegro
ME / MNE #156
Nomad Score
61.0
Cities
18
π KEY INDICATORS
GDP per capita (PPP) (2031)
$54,514
GDP (2031)
$13.3B
GDP Growth (2031)
3.0%
β
Inflation (2031)
2.2%
β
Unemployment (2025)
13.6%
β
Population (2031)
626.0K
Pop. Growth (2031)
0.0%
β
Gini Index (2021)
34.3
Govt Debt (2031)
66.1% of GDP
Current Account (2031)
-15.7% of GDP
FDI Inflows (2024)
$599.4M
Life Expectancy (2024)
77.9 yrs
Health Spending (2023)
9.7% of GDP
Internet Users (2024)
88.9%
Mobile Subs (2024)
221.7/100
Trade Openness (2024)
109.9% of GDP
Exchange Rate (2024)
0.92/USD
Foreign Reserves (2024)
$1.7B
π° GDP OVERVIEW
π€ GDP PER CAPITA (PPP)
π INFLATION (CPI)
π· UNEMPLOYMENT
π₯ POPULATION
π FISCAL & TRADE
Govt Debt (2031)
66.1% of GDP
Current Account (2031)
-15.7% of GDP
FDI Inflows (2024)
$599.4M
βοΈ INCOME INEQUALITY (GINI)
Gini Index (2021)
0.34
Assessment
Moderate inequality
π’ BUSINESS ENVIRONMENT
New Business Density (2020)
8.00/1k
Services Sector (2024)
63.8% of GDP
π§ FINANCIAL ACCESS & COSTS
ATMs per 100k (2023)
83.5
Bank Branches per 100k (2023)
35.6
ICT Service Exports (2024)
7.5%
π HISTORICAL DATA
| Year | GDP | GDP/cap PPP | Growth | Inflation | Unemp. | Population | Gini | Debt | Curr. Acct | FDI | Life Exp. | Health | Internet | FX Rate |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2031 * | $13.3B | $54,514 | 3.0% | 2.2% | - | 626.0K | - | 66.1% | -15.7% | - | - | - | - | - |
| 2030 * | $12.6B | $51,801 | 3.0% | 2.2% | - | 626.0K | - | 65.0% | -16.0% | - | - | - | - | - |
| 2029 * | $12.0B | $49,310 | 3.0% | 2.2% | - | 625.0K | - | 64.1% | -16.5% | - | - | - | - | - |
| 2028 * | $11.4B | $46,794 | 3.2% | 2.3% | - | 625.0K | - | 63.1% | -17.6% | - | - | - | - | - |
| 2027 * | $10.8B | $44,434 | 2.7% | 2.9% | - | 625.0K | - | 62.8% | -18.3% | - | - | - | - | - |
| 2026 * | $10.2B | $42,113 | 2.8% | 3.2% | - | 624.0K | - | 62.4% | -19.4% | - | - | - | - | - |
| 2025 | $9.2B | $37,999 | 2.7% | 3.9% | 13.6% | 624.0K | - | 67.1% | -20.5% | - | - | - | - | - |
| 2024 | $8.3B | $34,063 | 3.2% | 3.3% | 13.2% | 624.0K | - | 60.8% | -17.1% | $599.4M | 77.9 | - | 88.9% | 0.92 |
| 2023 | $7.6B | $31,863 | 6.5% | 8.6% | 13.2% | 624.0K | - | 59.6% | -11.2% | $525.9M | 77.6 | 9.7% | 88.6% | 0.92 |
| 2022 | $6.3B | $28,050 | 7.7% | 13.0% | 14.9% | 624.0K | - | 70.3% | -12.9% | $872.6M | 76.2 | 10.2% | 88.2% | 0.95 |
| 2021 | $5.8B | $23,690 | 13.0% | 2.4% | 16.5% | 625.0K | 34.3 | 86.2% | -9.3% | $693.7M | 73.8 | 10.6% | 82.2% | 0.85 |
| 2020 | $4.7B | $20,625 | -15.0% | -0.3% | 17.9% | 627.0K | 35.4 | 108.4% | -26.3% | $530.9M | 75.9 | 11.4% | 77.6% | 0.88 |
| 2019 | $5.5B | $23,706 | 4.4% | 0.4% | 15.1% | 627.0K | 35.7 | 79.6% | -14.4% | $417.6M | 76.7 | 8.3% | 73.5% | 0.89 |
| 2018 | $5.4B | $21,084 | 4.7% | 2.6% | 15.2% | 626.0K | 36.8 | 72.9% | -17.2% | $485.7M | 77.9 | 8.3% | 71.5% | 0.85 |
| 2017 | $4.8B | $19,357 | 3.2% | 2.4% | 16.1% | 626.0K | 36.9 | 66.9% | -16.3% | $560.7M | 76.7 | 8.0% | 71.3% | 0.89 |
| 2016 | $4.4B | $18,030 | 3.4% | -0.3% | 17.7% | 625.0K | 38.5 | 66.7% | -16.3% | $226.7M | 76.5 | 8.6% | 69.9% | 0.90 |
| 2015 | $4.0B | $16,092 | 2.5% | 1.5% | 17.6% | 625.0K | 39.0 | 69.5% | -11.1% | $699.9M | 76.6 | 9.0% | 68.1% | 0.90 |
| 2014 | $4.6B | $15,276 | 2.4% | -0.7% | 18.1% | 624.0K | 38.8 | 63.6% | -12.4% | $497.0M | 76.3 | 8.0% | 63.9% | 0.75 |
| 2013 | $4.4B | $14,692 | 3.4% | 2.2% | 19.6% | 623.0K | 39.0 | 59.2% | -11.5% | $446.5M | 76.5 | 8.5% | 60.3% | 0.75 |
| 2012 | $4.1B | $13,793 | -2.5% | 4.1% | 19.8% | 621.0K | 41.2 | 57.1% | -15.3% | $618.1M | 76.3 | 8.3% | 56.8% | 0.78 |
| 2011 | $4.5B | $14,347 | 3.4% | 3.5% | 19.8% | 620.0K | 30.8 | 49.0% | -14.9% | $556.7M | 76.1 | 8.0% | 35.6% | 0.72 |
| 2010 | $4.1B | $13,612 | 2.8% | 0.4% | 19.7% | 619.0K | 28.9 | 45.1% | -20.3% | $758.3M | 76.0 | - | 37.5% | 0.75 |
| 2009 | $4.2B | $12,976 | -6.0% | 3.6% | 19.1% | 618.0K | 31.0 | 43.9% | -27.8% | $1.6B | 75.1 | - | 35.1% | 0.72 |
| 2008 | $4.6B | $13,802 | 6.9% | 9.0% | 17.2% | 617.0K | 30.5 | 34.2% | -49.5% | $975.3M | 75.1 | - | 32.9% | 0.68 |
| 2007 | $3.7B | $12,452 | 7.1% | 3.4% | 19.4% | 616.0K | 31.4 | 31.8% | -40.1% | $937.4M | 74.3 | - | 30.8% | 0.73 |
| 2006 | $2.7B | $10,440 | 8.6% | 2.1% | 24.8% | 615.0K | 30.0 | 36.7% | -31.7% | - | 73.8 | - | 28.9% | 0.80 |
| 2005 | $2.3B | $8,314 | 4.2% | 3.4% | 30.3% | 614.0K | 30.2 | 38.6% | -16.7% | - | 74.0 | - | 27.1% | 0.80 |
π§ CONTINUE EXPLORING MONTENEGRO