Montenegro World Economy Ranking: 61 stats

Economic indicators provided by The World Bank. Freedom indexes by The Heritage and Cato Institute. Human development data from the United Nations Office of Drugs and Crime.

Gross Domestic Product & Income

Stat	Montenegro	Rank
GDP	$5.5B	153
GDP growth, 1 year	4.5%	54
GDP growth, 5-years average	3.5%	67
Population	622k	164
GDP per capita	$8.8k	81
GDP per capita growth	5.08%	20
Purchasing Power Parity conversion factor	0.36	185
Price level ratio of PPP conversion factor GDP to market exchange rate	0.43	113
GDP per capita, PPP adjusted	$19k	76
GNI, Atlas method	$5.2B	148
GNI per capita	$8.4k	74
GNI, PPP adjusted	$13B	147
GNI per capita, PPP adjusted	$21k	65

Financial system and Human development

Stat	Montenegro	Rank
Income Tax Rate	9%	12
Corporate Tax Rate	9%	12
Inflation, consumer prices	2.6%	101
Inflation, GDP deflator	3.2%	106
Unemployment	15.5%	178
Economic Freedom Index	61.5	98
Personal Freedom Index	8.12	50
Human Freedom Index	7.67	51
Property Rights Index	59.1	77
Judical Effectiveness Index	55.3	47
Business Freedom Index	70.8	59
Fiscal Health Index	23.4	152
Labor Freedom Index	74.8	26
Investment Freedom Index	75	42
Financial Freedom Index	50	80
Trade Freedom Index	83.8	45
Monetary Freedom Index	80.3	53
Government Spending Index	32.1	163
Tax Burden Index	85.4	47
Government Integrity Index	47.5	57
Corruption Perceptions Index	45	83
Life expectancy at birth, years	76.7	61
Suicide mortality rate, per 100,000 people	10.3	133
Mortality caused by road traffic injury, per 100,000 people	10.7	67
Intentional homicides, per 100,000 people	2.4	87
International tourism, number of arrivals	2.1M	87

Government debt & reserves

Stat	Montenegro	Rank
Central government debt, % of GDP	72.1%	43
External debt stocks, % of GNI	144.1%	4
External debt stocks	$8B	68
Short-term debt, % of total reserves	17.2%	65
Total debt service, % of exports and primary income	63.7%	4
Adjusted net savings including particulate emission damage, % of GNI	N/A	-
Gross savings, % of GDP	14.9%	129
Gross capital formation, % of GDP	31.9%	30
Total reserves including gold	$1.2B	126
Foreign direct investment net inflows	$485.7M	107

Exports, imports and economic structure

Stat	Montenegro	Rank
Exports of goods and services, % of GDP	42.9%	68
Imports of goods and services, % of GDP	66.7%	35
Current account balance (balance of payments)	-$943M	107
Revenue excluding grants, % of GDP	N/A	-
Grants excluding technical cooperation, BoP	$57.7M	121
Personal remittances received	$588.9M	97
Industry including construction value added, % of GDP	15.9%	152
Agriculture, forestry and fishing value added, % of GDP	6.7%	96
Charges for the use of intellectual property, payments BoP	$6M	116
Charges for the use of intellectual property, receipts BoP	$432k	119
Expense, % of GDP	N/A	-
Government Expenditure, % of GDP	47.6%	16