Montenegro GDP Growth
Annual percentage growth rate of GDP NY.GDP.MKTP.KD.ZG
Montenegro's gdp growth was 3.20% in 2025, ranked 82nd globally. This represents a 1.1% increase from 2024. Data from World Bank, covering 1998–2025.
Overview
Montenegro's gdp growth stood at 3.20% in 2025, a rise of +0.04pp from 2024. The IMF projects 3.20% by 2025. Montenegro ranked 82nd globally.
Montenegro’s real GDP growth has averaged 3.20 % in 2025, placing the country 82nd in the world and matching the performance of peer Mauritius (3.20 %) while slightly outpacing Fiji (3.19 %). Over the 28‑year series from 1998, when growth stood at 4.90 %, the economy experienced its most dramatic swing during the COVID‑19 pandemic, with a trough of –14.99 % in 2020 followed by a remarkable rebound to an all‑time peak of 13.05 % in 2021. The rapid post‑crisis expansion reflects a combination of fiscal stimulus, tourism recovery, and accelerated foreign investment, yet the 2025 rate suggests a return to a more moderate pace after the extraordinary surge. Continued diversification away from tourism‑dependent sectors and sustained improvements in institutional quality will be crucial to maintain or improve this trajectory, while external shocks could again alter the growth path.
Data & projection
| Year | GDP Growth | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 3.00% | - | - |
| 2029* IMF | 3.00% | - | - |
| 2028* IMF | 3.00% | - | - |
| 2027* IMF | 3.00% | - | - |
| 2026* IMF | 3.20% | - | - |
| 2025* IMF | 3.20% | - | - |
| 2025 | 3.20% | +0.04pp | #82 |
| 2024 | 3.16% | −3.31pp | #103 |
| 2023 | 6.48% | −1.26pp | #21 |
| 2022 | 7.74% | −5.31pp | #36 |
| 2021 | 13.05% | +28.04pp | #18 |
| 2020 | -14.99% | −19.39pp | #195 |
| 2019 | 4.39% | −0.34pp | #67 |
| 2018 | 4.73% | +1.52pp | #58 |
| 2017 | 3.22% | −0.22pp | #110 |
| 2016 | 3.44% | +0.92pp | #94 |
| 2015 | 2.52% | +0.15pp | #115 |
| 2014 | 2.37% | −1.02pp | #130 |
| 2013 | 3.39% | +5.87pp | #99 |
| 2012 | -2.49% | −5.89pp | #192 |
| 2011 | 3.41% | +0.61pp | #113 |
Detected Pattern
Analysis
Montenegro matched the Fiscal Dominance Trap pattern in 2022. Historically, 72% of countries showing this pattern (278 out of 386) saw gdp growth improve within 24 months. View full analysis →
Frequently Asked Questions
Montenegro's gdp growth was 3.20% in 2025. Ranked 82nd globally. This represents a 1.1% increase from the previous year.
Montenegro's gdp growth peaked at 13.05% in 2021.
The lowest gdp growth in Montenegro was -14.99% in 2020.
Montenegro ranks 82nd globally in gdp growth as of 2025.
The World Bank indicator code is NY.GDP.MKTP.KD.ZG. Data sourced from World Bank.
Montenegro's gdp growth is projected to reach 3.20% by 2025 based on IMF projection.
The gdp growth of Montenegro in 2025 was 3.20%. This ranks 82nd in the world.
Cite this page
@misc{historysaid_montenegro_gdp-growth,
title = {Montenegro GDP Growth},
url = {https://historysaid.com/montenegro/gdp-growth/},
publisher = {HistorySaid},
year = {2026}
}