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Economy of Egypt vs Montenegro compared: GDP & Debt

Updated on by Georank

Egypt has a GDP of $365B compared to $9.23B for Montenegro, ranking 43/197 and 155/197 by economy size, respectively.

Egypt has $317B in government debt (86.8% of GDP), compared to $6.19B (67.1% of GDP) in Montenegro.

Egypt vs Montenegro GDP by year

Egypt
Montenegro
1x
Year GDP, current $
Egypt Montenegro
2025 $365,254,630,180 $9,232,801,465
2024 $389,059,910,593 $8,274,290,506
2023 $395,926,071,448 $7,643,318,276
2022 $476,747,720,365 $6,259,721,790
2021 $424,671,765,456 $5,822,908,964
2020 $383,817,841,547 $4,734,192,593
2019 $318,678,815,490 $5,483,622,632
2018 $262,588,632,527 $5,433,469,311
2017 $248,362,771,739 $4,803,964,684
2016 $332,441,717,791 $4,357,467,226
2015 $329,366,576,819 $4,010,884,107
2014 $305,595,408,895 $4,579,635,404
2013 $288,434,108,527 $4,422,097,042
2012 $279,116,666,667 $4,071,828,832
2011 $235,989,672,978 $4,507,127,585
2010 $218,983,666,062 $4,136,936,244
2009 $189,147,005,445 $4,159,063,347
2008 $162,818,181,818 $4,559,410,049
2007 $130,437,828,371 $3,682,586,459
2006 $107,426,086,957 $2,719,979,875
2005 $89,660,339,660 $2,258,016,380
2004 $78,782,467,532 $2,077,046,942
2003 $80,288,461,538 $1,708,196,981
2002 $85,146,067,416 $1,286,314,054
2001 $96,684,636,119 $1,159,869,246
2000 $99,838,543,960 $984,293,044
1999 $90,710,704,807 $828,950,327
1998 $84,828,807,556 $854,261,161
1997 $78,436,578,171 $838,288,806
1996 $67,629,716,981 -
1995 $60,159,245,060 -
1994 $51,897,983,393 -
1993 $46,578,631,453 -
1992 $41,855,986,519 -
1991 $37,387,836,491 -
1990 $42,978,914,311 -
1989 $39,756,299,050 -
1988 $34,980,124,929 -
1987 $40,455,616,654 -
1986 $41,253,507,951 -
1985 $39,053,502,251 -
1984 $33,971,188,992 -
1983 $30,966,239,814 -
1982 $27,655,172,414 -
1981 $22,136,081,081 -
1980 $21,669,908,176 -
1979 $18,020,571,429 -
1978 $14,811,704,063 -
1977 $14,400,806,876 -
1976 $13,315,988,083 -
1975 $11,632,178,869 -
1974 $9,228,963,225 -
1973 $10,098,534,613 -
1972 $9,299,638,056 -
1971 $8,609,283,346 -
1970 $8,042,200,452 -
1969 $6,524,455,206 -
1968 $5,932,242,991 -
1967 $5,605,484,299 -
1966 $5,278,005,612 -
1965 $4,948,667,540 -
1964 $4,709,245,762 -
1963 $4,187,146,232 -
1962 $4,035,462,027 -
1961 $4,494,575,611 -
1960 $4,206,270,352 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/egypt/montenegro | CC BY

GDP per capita in Egypt vs Montenegro by year

Egypt
GDP per capita

GDP per capita, PPP
Montenegro
GDP per capita

GDP per capita, PPP
1x
Year Current $
Egypt Montenegro
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $3,086 - $14,817 -
2024 $3,338 $19,094 $13,270 $34,063
2023 $3,457 $18,525 $12,258 $31,863
2022 $4,233 $17,527 $10,038 $28,050
2021 $3,827 $15,579 $9,316 $23,690
2020 $3,511 $15,232 $7,555 $20,625
2019 $2,963 $13,364 $8,749 $23,706
2018 $2,485 $12,329 $8,674 $21,084
2017 $2,395 $11,125 $7,674 $19,357
2016 $3,271 $10,666 $6,968 $18,030
2015 $3,307 $10,903 $6,421 $16,092
2014 $3,133 $10,256 $7,342 $15,276
2013 $3,026 $10,511 $7,103 $14,692
2012 $2,996 $10,342 $6,552 $13,793
2011 $2,591 $8,988 $7,266 $14,347
2010 $2,455 $8,838 $6,679 $13,612
2009 $2,162 $8,465 $6,727 $12,976
2008 $1,896 $8,191 $7,390 $13,802
2007 $1,548 $7,641 $5,979 $12,452
2006 $1,299 $7,079 $4,423 $10,440
2005 $1,106 $6,554 $3,676 $8,314
2004 $991 $6,207 $3,386 $7,841
2003 $1,031 $5,928 $2,790 $7,340
2002 $1,117 $5,753 $2,109 $7,100
2001 $1,295 $5,650 $1,910 $6,772
2000 $1,366 $5,452 $1,627 $6,004
1999 $1,268 $5,121 $1,368 $5,684
1998 $1,213 $4,869 $1,406 $6,170
1997 $1,146 $4,661 $1,375 $5,798
1996 $1,009 $4,434 - -
1995 $916 $4,235 - -
1994 $807 $4,048 - -
1993 $740 $3,895 - -
1992 $681 $3,784 - -
1991 $623 $3,627 - -
1990 $736 $3,566 - -
1989 $701 - - -
1988 $634 - - -
1987 $754 - - -
1986 $790 - - -
1985 $770 - - -
1984 $690 - - -
1983 $648 - - -
1982 $596 - - -
1981 $490 - - -
1980 $493 - - -
1979 $421 - - -
1978 $355 - - -
1977 $353 - - -
1976 $335 - - -
1975 $299.2 - - -
1974 $243.1 - - -
1973 $272.2 - - -
1972 $256.5 - - -
1971 $243 - - -
1970 $232.3 - - -
1969 $193 - - -
1968 $179.8 - - -
1967 $174.1 - - -
1966 $168.1 - - -
1965 $161.6 - - -
1964 $157.7 - - -
1963 $143.9 - - -
1962 $142.4 - - -
1961 $162.8 - - -
1960 $156.4 - - -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/egypt/montenegro | CC BY

Egypt's GDP per capita is $3,086, ranking 143/197, compared to $14,817 in Montenegro, ranking 71/197. Adjusted for purchasing power (GDP per capita PPP), Egypt ranks 99th at $19,094, while Montenegro ranks 65th at $34,063.

Economic indicators

Egypt Montenegro
Gross domestic product
$365B
2025
$9.23B
2025
GDP rank
43/197
2025
155/197
2025
GDP growth
4.39%
2024-2025
2.74%
2024-2025
GDP per capita
$3,086
2025
$14,817
2025
GDP per capita rank
143/197
2025
71/197
2025
GDP per capita, PPP
$19,094
2024
$34,063
2024
GDP per capita PPP rank
99/197
2024
65/197
2024
Government debt
$317B
2025
$6.19B
2025
Debt-to-GDP ratio
86.8%
2025
67.1%
2025
Government debt per person
$2,679
2025
$9,942
2025
Government debt per person rank
110/185
2025
61/185
2025
Average annual personal income after taxes
$1,841
2026
$12,768
2026
Market capitalization of domestic companies
$62.9B
2025
$3.79B
2012
Number of billionaires
5
2026
n/a
Income share by richest 10%
24.6%
2021
24.7%
2021
Income share by poorest 10%
4.2%
2021
2.1%
2021
Government expenditure, % of GDP
22.7%
2025
43.9%
2025
Consumer prices inflation
14.1%
2024-2025
3.9%
2024-2025
Central bank interest rate
19%
2026
n/a
Unemployment rate
5.95%
2024
11.5%
2024
Population
121012163
613759

Spending and national debt comparison by year

Egypt
Spending

Debt
Montenegro
Spending

Debt
1x
Year % of GDP
Egypt Montenegro
Government spending Government debt Government spending Government debt
2025 22.7% 86.8% 43.9% 67.1%
2024 22.9% 90.9% 44.1% 60.8%
2023 22.7% 95.9% 40.4% 59.6%
2022 24.9% 88.5% 42.2% 70.3%
2021 25.5% 89.9% 45.1% 86.2%
2020 25.7% 86.2% 54.9% 108.4%
2019 26.9% 80.1% 44.4% 79.6%
2018 28.6% 87.9% 47.8% 72.9%
2017 30.6% 97.8% 47.6% 66.9%
2016 31% 91.6% 47.7% 66.7%
2015 31.3% 83.8% 46.9% 69.5%
2014 33.9% 80.9% 44.3% 63.6%
2013 32.9% 79.8% 46.3% 59.2%
2012 29.2% 69.9% 45.9% 57.1%
2011 30.5% 72.8% 45.7% 49%
2010 31.4% 69.6% 46.7% 45.1%
2009 32.5% 69.5% 51.5% 43.9%
2008 32.7% 66.8% 51.2% 34.2%
2007 31.3% 76.3% 43.9% 31.8%
2006 34.5% 85.9% 42.6% 36.7%
2005 30.3% 98.3% 38.2% 38.6%
2004 30.1% 96.5% 40% 45.4%
2003 30.6% 97.1% 43.3% 48.6%
2002 30.9% 85.8% 37.5% 85.7%
2001 27.9% 79.1% - -
2000 26% 71.7% - -
1999 26.3% 72.4% - -
1998 - 73.8% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1998–2025, retrieved 2026-07-08).

GeoRank.org/economy/egypt/montenegro | CC BY

In 2025, Egypt's government spending was $82.8B, accounting for 22.7% of its GDP, while Montenegro spent $4.05B, or 43.9% of GDP.

Debt-to-GDP ratio is 86.8% in Egypt and 67.1% in Montenegro, ranking 33/185 and 63/185, respectively.

Government deficit by year

Deficit/surplus
Egypt

Montenegro
1x
Year Deficit/surplus, % of GDP
Egypt Montenegro
2025 -6.55% -3.61%
2024 -7.12% -3.44%
2023 -5.77% 0.38%
2022 -5.74% -4.05%
2021 -6.96% -1.37%
2020 -7.47% -10.9%
2019 -7.6% -1.74%
2018 -8.97% -6.3%
2017 -9.9% -6.89%
2016 -11.8% -6.21%
2015 -10.4% -6.03%
2014 -10.7% -0.7%
2013 -12.3% -4.54%
2012 -9.47% -5.87%
2011 -9.6% -6.79%
2010 -7.45% -4.88%
2009 -6.2% -6.74%
2008 -6.05% -2.3%
2007 -4.9% 8.44%
2006 -7.35% 4.34%
2005 -6.69% -1.42%
2004 -5.76% -2.45%
2003 -5.73% -4.06%
2002 -6.77% -1.44%
2001 -1.07% -
2000 1.32% -
1999 2.14% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1999–2025, retrieved 2026-07-08).

GeoRank.org/economy/egypt/montenegro | CC BY

In 2025, Egypt's government deficit, the difference between spending and revenue, was $23.9B, equivalent to 6.55% of GDP. This compares to Montenegro's deficit of $334M, or 3.61% of GDP.

Over the past 24 years, Egypt recorded a fiscal deficit in 24 of those years, while Montenegro ran a deficit in 21 years. On average, Egypt posted an annual deficit equal to 7.8% of GDP, compared to deficit of 3.27% of GDP for Montenegro.

Inflation comparison by year

Inflation
Egypt

Montenegro
1x
Year Consumer prices inflation
Egypt Montenegro
2025 14.1% 3.9%
2024 28.3% 3.3%
2023 33.9% 8.6%
2022 13.9% 13%
2021 5.21% 2.4%
2020 5.04% -0.3%
2019 9.15% 0.4%
2018 14.4% 2.6%
2017 29.5% 2.4%
2016 13.8% -0.3%
2015 10.4% 1.5%
2014 10.1% -0.7%
2013 9.47% 2.2%
2012 7.11% 4.1%
2011 10.1% 3.5%
2010 11.3% 0.4%
2009 11.8% 3.6%
2008 18.3% 9%
2007 9.32% 3.4%
2006 7.64% 2.1%
2005 4.87% 3.4%
2004 11.3% 3.1%
2003 4.51% 7.5%
2002 2.74% 19.7%
2001 2.27% 23.7%
2000 2.68% 29.9%
1999 3.08% -
1998 3.87% -
1997 4.63% -

Data sources: World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | World Economic Outlook (2000–2025, retrieved 2026-07-08).

GeoRank.org/economy/egypt/montenegro | CC BY

Over the past 26 years, Egypt has recorded an average annual inflation rate of 11.6%, compared with 5.86% in Montenegro. In 2025, inflation was 14.1% in Egypt and 3.9% in Montenegro.

Top exports between countries

Egypt
Export category Export value
Metals $23.4M
Raw agricultural goods $6.98M
Raw materials & minerals $1.92M
Textiles & consumer goods $876K
Chemicals & pharma $494K
Processed food, beverages & tobacco $403K
Machinery & equipment $217K
Montenegro
Export category Export value
Transport & tourism services $1.08M
Processed food, beverages & tobacco $79K
Wood & paper products $44K
Machinery & equipment $35K
Textiles & consumer goods $5K

Balance of trade

Egypt Montenegro
Current account balance
-$13.9B
2025
-$1.88B
2025
Current account balance ranking
178/190
2025
140/190
2025
Current account balance, % of GDP
-3.82%
2025
-20.4%
2025
Goods imports
$85.5B
2025
$4.91B
2025
Goods exports
$42.4B
2025
$663M
2025
Service imports
$29.6B
2025
$1.24B
2025
Service exports
$34.1B
2025
$3.07B
2025
Imports of goods and services, % of GDP
31.5%
2025
65.7%
2025
Exports of goods and services, % of GDP
19.8%
2025
40.1%
2025

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Egypt Montenegro
Economic freedom 50.3 63.8
Economic freedom ranking 160/197 78/197
Property rights 35.5 60.9
Government integrity 27.1 49.9
Judicial effectiveness 24 51.5
Tax burden 85.7 88.7
Government spending 83.4 47.6
Fiscal health 21.8 86.2
Business freedom 51.4 68.4
Labor freedom 43.1 59.4
Monetary freedom 56 75.2
Trade freedom 60.2 78.4
Investment freedom 65 50
Financial freedom 50 50

Economic freedom comparison by year

Egypt
Montenegro
1x
Year Economic freedom index
Egypt Montenegro
2026 50.3 63.8
2025 50.9 63.8
2024 49.7 59.7
2023 49.6 60.9
2022 49.1 57.8
2021 55.7 63.4
2020 54 61.5
2019 52.5 60.5
2018 53.4 64.3
2017 52.6 62
2016 56 64.9
2015 55.2 64.7
2014 52.9 63.6
2013 54.8 62.6
2012 57.9 62.5
2011 59.1 62.5
2010 59 63.6
2009 58 58.2
2008 58.5 -
2007 54.4 -
2006 53.2 -
2005 55.8 -
2004 55.5 -
2003 55.3 43.5
2002 54.1 46.6
2001 51.5 -
2000 51.7 -
1999 58 -
1998 55.8 -
1997 54.5 -
1996 52 -
1995 45.7 -

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

GeoRank.org/economy/egypt/montenegro | CC BY

The Economic Freedom Index for Egypt is 50.3, ranking 160/197, compared to 63.8 for Montenegro, ranking 78/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Egypt Montenegro
Services, % of GDP
47.3%
2025
63.4%
2025
Industry, % of GDP
32.1%
2025
11.3%
2025
Agriculture, forestry, and fishing, % of GDP
16.6%
2025
3.37%
2025
GNI, Atlas method
$386B
2025
$8.82B
2025
GNI per capita, PPP
$19,330
2025
$35,700
2025
Total reserves including gold
$48.9B
2025
$2.2B
2025
Total reserves ranking
49/177
2025
126/177
2025
Net foreign direct investment
-$14.8B
2025
-$601M
2025
Net inflows of foreign direct investment
$46.6B
2024
$599M
2024
Net outflows of foreign direct investment
$508M
2024
$67.8M
2024
Servicing debt to the IMF, % of GNI
8.86%
2024
15%
2024
Poverty at national poverty lines
33.5%
2021
20%
2023
Gross capital formation, % of GDP
12.9%
2025
26.9%
2025

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

GeoRank.org/economy/egypt/montenegro | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1998–2025, retrieved 2026-07-08)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  4. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  5. TradeMap (2021–2025, retrieved 2026-07-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  7. LivingCost (2026, retrieved 2026-07-08)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.