Montenegro Listed Companies
Number of listed domestic companies CM.MKT.LDOM.NO
Montenegro's listed companies was 112 in 2012, ranked 34th globally. This represents a 23.3% decrease from 2011. Data from World Bank, covering 2007–2012.
Overview
Montenegro's listed companies stood at 112 in 2012, a decline of +34 from 2011. Montenegro ranked 34th globally.
Montenegro’s listed‑company count fell dramatically over the five‑year span covered by the World Bank data, dropping from a high of 420.00 in 2008 to an all‑time trough of 112.00 in 2012, a reduction of roughly 73 percent. The 2012 figure of 112.00 placed the country at 34th globally, closely aligned with peers such as the United Arab Emirates (107.00) and Oman (115.00). The steep decline coincided with the global financial crisis and the ensuing regional recession, which constrained capital market development and discouraged new listings. By contrast, neighboring Cyprus maintained a higher count of 101.00, reflecting a more resilient securities environment during the same period. The contraction suggests that without substantive reforms to improve corporate governance, market liquidity, and investor confidence, Montenegro’s equity market is likely to remain modest in size. However, targeted policy measures and integration with broader European capital‑market initiatives could stabilize the downward trajectory and encourage a gradual rebound in listed firms.
Data & projection
| Year | Listed Companies | YoY change | Rank |
|---|---|---|---|
| 2012 | 112 | −34 | #34 |
| 2011 | 146 | −215 | #39 |
| 2010 | 361 | −59 | #55 |
| 2008 | 420 | +89 | #59 |
| 2007 | 331 | – | #53 |
Detected Pattern
Analysis
Montenegro matched the Fiscal Dominance Trap pattern in 2022. Historically, 72% of countries showing this pattern (278 out of 386) saw listed companies improve within 24 months. View full analysis →
Frequently Asked Questions
Montenegro's listed companies was 112 in 2012. Ranked 34th globally. This represents a 23.3% decrease from the previous year.
Montenegro's listed companies peaked at 420 in 2008.
The lowest listed companies in Montenegro was 112 in 2012.
Montenegro ranks 34th globally in listed companies as of 2012.
The World Bank indicator code is CM.MKT.LDOM.NO. Data sourced from World Bank.
The listed companies of Montenegro in 2012 was 112. This ranks 34th in the world.
Cite this page
@misc{historysaid_montenegro_listed-companies,
title = {Montenegro Listed Companies},
url = {https://historysaid.com/montenegro/listed-companies/},
publisher = {HistorySaid},
year = {2026}
}