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Montenegro GDP per Capita

GDP divided by midyear population  NY.GDP.PCAP.CD

Montenegro's gdp per capita was $14,986 in 2025, ranked 70th globally. This represents a 13.0% increase from 2024. Data from World Bank, covering 1997–2025.

$14,986 +$1,723 (+13.0%)
Year 2025 Rank #70 Global Peak $14,986 (2025) Source World Bank

Montenegro GDP per Capita (1997–2025)

Overview

Montenegro's gdp per capita stood at $14,986 in 2025, a rise of +$1,723 from 2024. The IMF projects $14,986 by 2025. Montenegro ranked 70th globally.

Montenegro’s GDP per capita has risen dramatically from 1,375.33 in 1997 to an all‑time peak of 14,985.90 in 2025, placing the country 70th globally. The trough of 1,367.90 recorded in 1999 reflects the severe post‑war contraction and regional instability that depressed output for several years, but the subsequent expansion has been sustained by tourism, services and modest foreign direct investment. Over the 29‑year span, per‑capita income grew at an average annual rate of roughly 9 percent, outpacing many neighbouring economies and drawing it close to Serbia’s 15,322.20 and Kazakhstan’s 14,722.58. The upward trajectory has been reinforced by structural reforms, EU integration efforts and a stable macro‑policy framework, although vulnerability to external shocks, especially in tourism, remains. Continued diversification and deeper integration into European markets will be crucial to maintain the positive trend and push Montenegro’s GDP per capita beyond the current peak.

Data & projection

Year GDP per Capita YoY change Rank
2030* IMF $19,899 - -
2029* IMF $18,959 - -
2028* IMF $18,051 - -
2027* IMF $17,211 - -
2026* IMF $16,380 - -
2025* IMF $14,986 - -
2025 $14,986 +$1,723 #70
2024 $13,263 +$1,002 #85
2023 $12,260 +$2,214 #88
2022 $10,025 +$702 #97
2021 $9,317 +$1,768 #96
2020 $7,539 −$1,212 #97
2019 $8,749 +$71 #100
2018 $8,674 +$1,002 #99
2017 $7,674 +$708 #101
2016 $6,968 +$546 #102
2015 $6,421 −$923 #104
2014 $7,342 +$239 #105
2013 $7,103 +$546 #105
2012 $6,552 −$712 #107
2011 $7,266 +$581 #103
Show all years (1997-2025)
* IMF World Economic Outlook projection

Detected Pattern

Fiscal Dominance Trap
Government debt exceeding 80% of GDP with real interest rates negative and inflation above 10%. Monetary policy effectiveness impaired by fiscal pressures.
Inflation 13.0% Real rate -5.7%
Occurred 386 times, 278 successful
Inflation
28.2%
Real rate
-4.2%
Inflation
219.9%
Real rate
-47.4%
Inflation
28.3%
Real rate
-7.0%
Inflation
91.4%
Real rate
-26.9%
Inflation
13.6%
Real rate
-0.9%
Inflation
133.5%
Real rate
-17.3%

Analysis

Montenegro matched the Fiscal Dominance Trap pattern in 2022. Historically, 72% of countries showing this pattern (278 out of 386) saw gdp per capita improve within 24 months. View full analysis →

Frequently Asked Questions

What is Montenegro's gdp per capita?▾

Montenegro's gdp per capita was $14,986 in 2025. Ranked 70th globally. This represents a 13.0% increase from the previous year.

What was the highest gdp per capita in Montenegro?▾

Montenegro's gdp per capita peaked at $14,986 in 2025.

What was the lowest gdp per capita in Montenegro?▾

The lowest gdp per capita in Montenegro was $1,368 in 1999.

How does Montenegro rank in gdp per capita?▾

Montenegro ranks 70th globally in gdp per capita as of 2025.

What is the World Bank indicator code for gdp per capita?▾

The World Bank indicator code is NY.GDP.PCAP.CD. Data sourced from World Bank.

What is the projected gdp per capita of Montenegro in 2025?▾

Montenegro's gdp per capita is projected to reach $14,986 by 2025 based on IMF projection.

What is the gdp per capita of Montenegro in 2025?▾

The gdp per capita of Montenegro in 2025 was $14,986. This ranks 70th in the world.

Cite this page

APA
Montenegro GDP per Capita. HistorySaid. Retrieved October 31, 2026, from https://historysaid.com/montenegro/gdp-per-capita/
BibTeX
@misc{historysaid_montenegro_gdp-per-capita, title = {Montenegro GDP per Capita}, url = {https://historysaid.com/montenegro/gdp-per-capita/}, publisher = {HistorySaid}, year = {2026} }
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