Montenegro Government Revenue
General government revenue as % of GDP GGR_NGDP
Montenegro's government revenue was 39.86% in 2025, ranked 42nd globally. This represents a 2.0% decrease from 2024. Data from IMF WEO, covering 2002–2025.
Overview
Montenegro's government revenue stood at 39.86% in 2025, a decline of +0.81% from 2024. The IMF projects 39.86% by 2025. Montenegro ranked 42nd globally.
Montenegro’s government revenue as a share of GDP has risen modestly since the early 2000s, moving from an all‑time trough of 36.07 % in 2002 to a peak of 52.33 % in 2007, before settling at 39.86 % in 2025, which places the country 42nd in the global ranking. The post‑2007 decline reflects a combination of slower economic growth and fiscal consolidation, yet the 2025 level remains slightly above Brazil’s 39.59 % and close to Andorra’s 39.46 %. Over the 24‑year coverage period, revenue has fluctuated within a relatively narrow band, indicating limited volatility but also a constrained capacity to expand the fiscal base. Compared with regional peer Serbia, whose revenue stands at 40.56 %, Montenegro lags marginally, suggesting room for policy adjustments. Continued diversification of the tax base and improvements in collection efficiency could lift the revenue ratio, while external shocks or persistent low growth would likely keep the trajectory flat.
Data & projection
| Year | Government Revenue | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 40.52% | - | - |
| 2029* IMF | 40.43% | - | - |
| 2028* IMF | 40.33% | - | - |
| 2027* IMF | 40.23% | - | - |
| 2026* IMF | 40.17% | - | - |
| 2025* IMF | 39.86% | - | - |
| 2025 | 39.86% | −0.81% | #42 |
| 2024 | 40.67% | +0.08% | #43 |
| 2023 | 40.59% | +2.48% | #40 |
| 2022 | 38.11% | −5.30% | #48 |
| 2021 | 43.40% | −0.48% | #29 |
| 2020 | 43.88% | +1.17% | #24 |
| 2019 | 42.71% | +1.18% | #27 |
| 2018 | 41.53% | +0.80% | #32 |
| 2017 | 40.72% | −0.80% | #30 |
| 2016 | 41.52% | +0.66% | #29 |
| 2015 | 40.86% | −2.78% | #34 |
| 2014 | 43.65% | +1.90% | #25 |
| 2013 | 41.75% | +1.73% | #34 |
| 2012 | 40.02% | +1.15% | #39 |
| 2011 | 38.86% | −2.97% | #42 |
Detected Pattern
Analysis
Montenegro matched the Fiscal Dominance Trap pattern in 2022. Historically, 72% of countries showing this pattern (278 out of 386) saw government revenue improve within 24 months. View full analysis →
Frequently Asked Questions
Montenegro's government revenue was 39.86% in 2025. Ranked 42nd globally. This represents a 2.0% decrease from the previous year.
Montenegro's government revenue peaked at 52.33% in 2007.
The lowest government revenue in Montenegro was 36.07% in 2002.
Montenegro ranks 42nd globally in government revenue as of 2025.
The World Bank indicator code is GGR_NGDP. Data sourced from IMF WEO.
Montenegro's government revenue is projected to reach 39.86% by 2025 based on IMF projection.
The government revenue of Montenegro in 2025 was 39.86%. This ranks 42nd in the world.
Cite this page
@misc{historysaid_montenegro_government-revenue,
title = {Montenegro Government Revenue},
url = {https://historysaid.com/montenegro/government-revenue/},
publisher = {HistorySaid},
year = {2026}
}