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Economy of Montenegro

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Overview Economy Population Trade Government Finance Society Environment

GDP Composition by Industry

10.5% 27.1% 10.9% 42.3%
  • Agriculture, forestry & fishing: 4.4%
  • Mining, manufacturing & utilities: 10.5%
  • Construction: 4.9%
  • Trade, restaurants & hotels: 27.1%
  • Transport & communication: 10.9%
  • Finance, real estate & other services: 42.3%
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Agriculture, forestry & fishing
4.4%
Mining, manufacturing & utilities
10.5%
Construction
4.9%
Trade, restaurants & hotels
27.1%
Transport & communication
10.9%
Finance, real estate & other services
42.3%

Share of total gross value added by industry.
Source: UN National Accounts, 2024.

GDP

GDP (USD) 10.2B #148 / 190 2026
GDP (Local currency - EUR) 8.67B - 2026
Real GDP (Local currency - EUR) 3.67B - 2026
PPP GDP (Int$) 22.7B #150 / 191 2026
GNI (USD) 8.25B #158 / 210 2024

GDP per Capita

GDP per Capita (USD) 16,377 #72 / 190 2026
GDP per Capita (Local currency - EUR) 13,888 - 2026
Real GDP per Capita (Local currency - EUR) 5,873 - 2026
PPP GDP per Capita (Int$) 36,333 #66 / 191 2026
GNI per Capita (USD) 12,923 #87 / 210 2024

Economic Growth

GDP Growth 2.8% #100 / 191 2026

Prices and Inflation

Inflation Rate 3.2% #100 / 191 2026

Labor Market

Unemployment Rate No data - -

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