Montenegro
- Capital
- Podgorica
- Region
- Europe & Central Asia
- Income group
- Upper middle income
- Population
- 623,000 (2025)
At a glance
- Prices in Montenegro rose 3.9% in 2025, faster than in most countries.
- Montenegro's economy grew 2.7% in 2025, slower than most economies.
- Output per person in Montenegro was US$14,817 in 2025, higher than in most countries.
- 13.6% of Montenegro's labour force had no job in 2025, a higher share than in most countries.
- Montenegro had 623,000 people in 2025: about less than 0.1% of everyone on Earth, the 169th largest population of 217 countries and territories.
- Montenegro had a current account deficit of 20.4% of GDP in 2025, lower than in most countries.
Inflation
2025Consumer prices, change over the year (yearly average)
Since 2006
Show the numbers
| Year | Montenegro | World median |
|---|---|---|
| 2025 | 3.9% | 3.0% |
| 2024 | 3.3% | 3.0% |
| 2023 | 8.6% | 5.7% |
| 2022 | 13.0% | 8.0% |
| 2021 | 2.4% | 3.5% |
| 2020 | −0.3% | 1.9% |
| 2019 | 0.4% | 2.2% |
| 2018 | 2.6% | 2.5% |
| 2017 | 2.4% | 2.3% |
| 2016 | −0.3% | 1.6% |
Economic growth
2025Real GDP, change over the year
Since 2000
Show the numbers
| Year | Montenegro | World median |
|---|---|---|
| 2025 | 2.7% | 3.4% |
| 2024 | 3.2% | 3.4% |
| 2023 | 6.5% | 3.2% |
| 2022 | 7.7% | 4.3% |
| 2021 | 13.1% | 5.1% |
| 2020 | −15.0% | −3.8% |
| 2019 | 4.4% | 2.8% |
| 2018 | 4.7% | 3.2% |
| 2017 | 3.2% | 3.3% |
| 2016 | 3.4% | 3.1% |
GDP per person
2025GDP divided by population, in US dollars at current prices
Since 2000
Show the numbers
| Year | Montenegro | World median |
|---|---|---|
| 2025 | US$14,817 | US$7,882 |
| 2024 | US$13,270 | US$7,853 |
| 2023 | US$12,258 | US$7,862 |
| 2022 | US$10,038 | US$7,656 |
| 2021 | US$9,316 | US$7,269 |
| 2020 | US$7,555 | US$6,433 |
| 2019 | US$8,749 | US$7,037 |
| 2018 | US$8,674 | US$6,978 |
| 2017 | US$7,674 | US$6,548 |
| 2016 | US$6,968 | US$5,982 |
Unemployment
2025Share of the labour force without a job (ILO modelled estimate)
Since 2000
Show the numbers
| Year | Montenegro | World median |
|---|---|---|
| 2025 | 13.6% | 5.1% |
| 2024 | 13.2% | 5.1% |
| 2023 | 13.2% | 5.2% |
| 2022 | 14.9% | 5.3% |
| 2021 | 16.5% | 6.0% |
| 2020 | 17.9% | 6.4% |
| 2019 | 15.1% | 5.4% |
| 2018 | 15.2% | 5.4% |
| 2017 | 16.1% | 5.6% |
| 2016 | 17.7% | 5.9% |
Population
2025Everyone living in the country, mid-year
Since 2000
Show the numbers
| Year | Montenegro |
|---|---|
| 2025 | 623,000 |
| 2024 | 624,000 |
| 2023 | 624,000 |
| 2022 | 624,000 |
| 2021 | 625,000 |
| 2020 | 627,000 |
| 2019 | 627,000 |
| 2018 | 626,000 |
| 2017 | 626,000 |
| 2016 | 625,000 |
Current account balance, % of GDP
Since 2007
Show the numbers
| Year | Montenegro | World median |
|---|---|---|
| 2025 | −20.4% | −0.8% |
| 2024 | −17.0% | −1.3% |
| 2023 | −11.1% | −1.2% |
| 2022 | −13.1% | −3.0% |
| 2021 | −9.3% | −2.4% |
| 2020 | −26.1% | −1.7% |
| 2019 | −14.5% | −2.1% |
| 2018 | −17.4% | −2.9% |
| 2017 | −15.9% | −2.1% |
| 2016 | −16.2% | −2.8% |
No recent World Bank figure for Montenegro: government debt.
About these figures
All numbers are yearly. The world median is the middle value of all countries with a figure for the same year: half of them are above it and half below. Sparklines show Montenegro since 2000 or since its first figure.
Source: World Bank, World Development Indicators (CC BY 4.0), updated 2026-10-08. Original sources: Inflation: International Monetary Fund, International Financial Statistics; Economic growth: national statistical offices and central banks, OECD national accounts, and World Bank staff estimates; GDP per person: national statistical offices and central banks, OECD national accounts, and World Bank staff estimates; Unemployment: International Labour Organization, ILO modelled estimates (ILOSTAT); Population: United Nations Population Division (World Population Prospects) and national statistical offices; Current account balance: International Monetary Fund, Balance of Payments Statistics, with World Bank and OECD data. Yearly figures; recent years are often revised. All sources and terms.