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Israel vs Montenegro: Economic Indicators Comparison

Israel with a GDP of $370.6B ranked the 34th largest economy in the world, while Montenegro ranked 153rd with $5.5B. By GDP 5-years average growth and GDP per capita, Israel and Montenegro ranked 73rd vs 67th and 26th vs 81st, respectively.

Gross Domestic Product & Income

StatIsraelMontenegro
GDP$370.6B$5.5B
GDP growth, 1 year3.3%4.5%
GDP growth, 5-years average3.4%3.5%
Population8.9M622k
GDP per capita$42k$8.8k
GDP per capita growth1.47%5.08%
Purchasing Power Parity conversion factor3.750.36
Price level ratio of PPP conversion factor GDP to market exchange rate1.040.43
GDP per capita, PPP adjusted$38k$19k
GNI, Atlas method$363.6B$5.2B
GNI per capita$41k$8.4k
GNI, PPP adjusted$354.8B$13B
GNI per capita, PPP adjusted$40k$21k

Financial system and Human development

StatIsraelMontenegro
Income Tax Rate48%9%
Corporate Tax Rate23%9%
Inflation, consumer prices0.8%2.6%
Inflation, GDP deflator1.2%3.2%
Unemployment4%15.5%
Economic Freedom Index7461.5
Personal Freedom Index7.648.12
Human Freedom Index7.417.67
Property Rights Index82.359.1
Judical Effectiveness Index71.855.3
Business Freedom Index72.270.8
Fiscal Health Index89.223.4
Labor Freedom Index64.474.8
Investment Freedom Index7575
Financial Freedom Index7050
Trade Freedom Index86.283.8
Monetary Freedom Index84.980.3
Government Spending Index53.532.1
Tax Burden Index6185.4
Government Integrity Index77.247.5
Corruption Perceptions Index6145
Life expectancy at birth, years82.676.7
Suicide mortality rate, per 100,000 people5.410.3
Mortality caused by road traffic injury, per 100,000 people4.210.7
Intentional homicides, per 100,000 people1.42.4
International tourism, number of arrivals4.1M2.1M

Government debt & reserves

StatIsraelMontenegro
Central government debt, % of GDP59.6%72.1%
External debt stocks, % of GNIN/A144.1%
External debt stocksN/A$8B
Short-term debt, % of total reservesN/A17.2%
Total debt service, % of exports and primary incomeN/A63.7%
Adjusted net savings including particulate emission damage, % of GNI15.6%N/A
Gross savings, % of GDP24.4%14.9%
Gross capital formation, % of GDP21.8%31.9%
Total reserves including gold$115.3B$1.2B
Foreign direct investment net inflows$20.8B$485.7M

Exports, imports and economic structure

StatIsraelMontenegro
Exports of goods and services, % of GDP29.4%42.9%
Imports of goods and services, % of GDP29%66.7%
Current account balance (balance of payments)$9.3B-$943M
Revenue excluding grants, % of GDP31.8%N/A
Grants excluding technical cooperation, BoP$533.6M$57.7M
Personal remittances received$939.6M$588.9M
Industry including construction value added, % of GDP19.4%15.9%
Agriculture, forestry and fishing value added, % of GDP1.1%6.7%
Charges for the use of intellectual property, payments BoP$1.4B$6M
Charges for the use of intellectual property, receipts BoP$1.3B$432k
Expense, % of GDP37%N/A
Government Expenditure, % of GDP39.4%47.6%

Compare with countries close by GDP per capita

Israel vs

CountryGDP
per capita
Population
United States
$63k
325M
Denmark
$61k
5.83M
Australia
$57k
23.4M
Sweden
$55k
10.3M
Netherlands
$53k
17.2M
Austria
$51k
8.81M
Finland
$50k
5.5M
San Marino
$48k
31.6k
Germany
$48k
83M
Belgium
$48k
11.2M
Canada
$46k
35.7M
United Arab Emirates
$43k
9.35M
United Kingdom
$43k
65.1M
Andorra
$42k
76.2k
New Zealand
$42k
4.89M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.6M
Kuwait
$34k
4.66M
Bahamas
$32k
377k
Brunei
$32k
418k
South Korea
$31k
51.1M
Spain
$30k
46.5M
Malta
$30k
423k
Cyprus
$28k
1.14M
Slovenia
$26k
2.07M
Taiwan
$25k
23.6M
Bahrain
$24k
1.33M
Portugal
$23k
10.6M
Saudi Arabia
$23k
33M

Montenegro vs

CountryGDP
per capita
Population
Argentina
$12k
44.9M
Malaysia
$11k
31.6M
Russia
$11k
147M
Mauritius
$11k
1.26M
Grenada
$11k
108k
Saint Lucia
$11k
179k
Maldives
$10k
345k
Equatorial Guinea
$10k
1.22M
Nauru
$9.9k
13.7k
Kazakhstan
$9.8k
18M
China
$9.8k
1.41B
Mexico
$9.7k
131M
Turkey
$9.4k
82M
Bulgaria
$9.3k
7.27M
Brazil
$8.9k
208M
Cuba
$8.8k
11.3M
Lebanon
$8.3k
4.47M
Botswana
$8.3k
2.02M
Dominican Republic
$8.1k
10.4M
Gabon
$8k
1.67M
Dominica
$7.7k
72k
Saint Vincent
$7.4k
109k
Thailand
$7.3k
65.9M
Serbia
$7.2k
7.02M
Libya
$7.2k
5.66M
Turkmenistan
$7k
5.13M
Peru
$6.9k
30.4M
Colombia
$6.7k
49.1M
South Africa
$6.4k
57.7M
Ecuador
$6.3k
15.7M