Montenegro vs Switzerland: Economic Indicators Comparison

Switzerland with a GDP of $705.1B ranked the 20th largest economy in the world, while Montenegro ranked 153rd with $5.5B. By GDP 5-years average growth and GDP per capita, Switzerland and Montenegro ranked 134th vs 67th and 4th vs 81st, respectively.

Gross Domestic Product & Income

StatMontenegroSwitzerland
GDP$5.5B$705.1B
GDP growth, 1 year4.5%2.5%
GDP growth, 5-years average3.5%1.9%
Population622k8.5M
GDP per capita$8.8k$83k
GDP per capita growth5.08%1.97%
Purchasing Power Parity conversion factor0.361.19
Price level ratio of PPP conversion factor GDP to market exchange rate0.431.22
GDP per capita, PPP adjusted$19k$65k
GNI, Atlas method$5.2B$718.9B
GNI per capita$8.4k$84k
GNI, PPP adjusted$13B$586.1B
GNI per capita, PPP adjusted$21k$69k

Financial system and Human development

StatMontenegroSwitzerland
Income Tax Rate9%11.5%
Corporate Tax Rate9%8.5%
Inflation, consumer prices2.6%0.9%
Inflation, GDP deflator3.2%0.2%
Unemployment15.5%4.9%
Economic Freedom Index61.582
Personal Freedom Index8.129.31
Human Freedom Index7.678.83
Property Rights Index59.187.4
Judical Effectiveness Index55.381.5
Business Freedom Index70.874.2
Fiscal Health Index23.496.7
Labor Freedom Index74.872.4
Investment Freedom Index7585
Financial Freedom Index5090
Trade Freedom Index83.886.6
Monetary Freedom Index80.384.4
Government Spending Index32.165.3
Tax Burden Index85.470.1
Government Integrity Index47.590.1
Corruption Perceptions Index4585
Life expectancy at birth, years76.783.6
Suicide mortality rate, per 100,000 people10.317.2
Mortality caused by road traffic injury, per 100,000 people10.72.7
Intentional homicides, per 100,000 people2.40.5
International tourism, number of arrivals2.1M10.4M

Government debt & reserves

StatMontenegroSwitzerland
Central government debt, % of GDP72.1%40.5%
External debt stocks, % of GNI144.1%N/A
External debt stocks$8BN/A
Short-term debt, % of total reserves17.2%N/A
Total debt service, % of exports and primary income63.7%N/A
Adjusted net savings including particulate emission damage, % of GNIN/A16.4%
Gross savings, % of GDP14.9%34.7%
Gross capital formation, % of GDP31.9%22.7%
Total reserves including gold$1.2B$787B
Foreign direct investment net inflows$485.7M-$67.7B

Exports, imports and economic structure

StatMontenegroSwitzerland
Exports of goods and services, % of GDP42.9%66.1%
Imports of goods and services, % of GDP66.7%53.9%
Current account balance (balance of payments)-$943M$74.1B
Revenue excluding grants, % of GDPN/A18%
Grants excluding technical cooperation, BoP$57.7MN/A
Personal remittances received$588.9M$2.6B
Industry including construction value added, % of GDP15.9%25%
Agriculture, forestry and fishing value added, % of GDP6.7%0.7%
Charges for the use of intellectual property, payments BoP$6M$13.6B
Charges for the use of intellectual property, receipts BoP$432k$25.8B
Expense, % of GDPN/A17%
Government Expenditure, % of GDP47.6%34%

Compare with countries close by GDP per capita

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
436k
Equatorial Guinea
$10k
1.27M
Nauru
$9.9k
13.7k
Kazakhstan
$9.8k
18.3M
China
$9.8k
1.41B
Mexico
$9.7k
131M
Turkey
$9.4k
82M
Bulgaria
$9.3k
7M
Brazil
$8.9k
210M
Cuba
$8.8k
11.5M
Lebanon
$8.3k
6.1M
Botswana
$8.3k
2.29M
Dominican Republic
$8.1k
10.4M
Gabon
$8k
2.03M
Dominica
$7.7k
73.9k
Saint Vincent
$7.4k
110k
Thailand
$7.3k
65.9M
Serbia
$7.2k
7.02M
Libya
$7.2k
6.68M
Turkmenistan
$7k
5.85M
Peru
$6.9k
29.4M
Colombia
$6.7k
49.1M
South Africa
$6.4k
57.7M
Ecuador
$6.3k
16.6M

Switzerland vs

CountryGDP
per capita
Population
Monaco
$186k
38.7k
Liechtenstein
$165k
37.9k
Luxembourg
$117k
626k
Norway
$82k
5.37M
Cayman Islands
$81k
58.4k
Ireland
$79k
4.76M
Iceland
$73k
357k
Qatar
$69k
2.64M
Singapore
$65k
5.89M
United States
$63k
325M
Denmark
$61k
5.83M
Australia
$57k
24.5M
Sweden
$55k
10.3M
Netherlands
$53k
17.3M
Austria
$51k
8.81M
Finland
$50k
5.5M
San Marino
$48k
33.4k
Germany
$48k
83.1M
Belgium
$48k
11.4M
Canada
$46k
37.9M
United Arab Emirates
$43k
9.4M
United Kingdom
$43k
66M
Andorra
$42k
76.2k
New Zealand
$42k
4.94M
Israel
$42k
9.09M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.3M
Kuwait
$34k
4.6M
Bahamas
$32k
395k