Nominal GDP
$9.23B
current US$ · 2025
World Bank
🇲🇪
Economy Snapshot
Montenegro Economy and Trade
PodgoricaLocal time
GDP $9.23B · real growth 2.7% · latest verified annual data
On this page, Montenegro's nominal GDP is $9.23B for 2025, and its separately dated real-growth series shows 2.7% for 2025. Per-capita GDP is $14,817 for 2025; inflation is 3.9% on the page's 2025 CPI observation. Reference years remain attached to each series so readers can compare the figures without treating differently dated measures as one snapshot.
GDP per capita
$14,817
current US$ · 2025
Source listed below
Real GDP growth
2.7%
annual % · 2025
Source listed below
Inflation
3.9%
CPI annual % · 2025
Source listed below
Montenegro at a Glance
Each measure keeps its actual reference year and definition.
Output trend
Nominal GDP · annual observations · current US$ · World Bank
2015: $4.01B2016: $4.36B2017: $4.80B2018: $5.43B2019: $5.48B2020: $4.73B2021: $5.82B2022: $6.26B2023: $7.64B2024: $8.27B2025: $9.23B
GDP per capita$14,817
Real growth2.7%
GDP year2025
2025 Inflation
3.9%
CPI annual %
2025 Unemployment
13.6%
labor-market measure
2025 GDP per capita
$14,817
current US$
Macro signals and Merchandise trade
Available measures are shown with their reported reference periods.
Macro signals
World Bank annual observations
Real growth20252.7%
Unemployment202513.6%
Inflation20253.9%
Merchandise trade
WTO profile · 2024 · USD
Exports$660.7M
Imports$4.40B
Balance-$3.74B
Largest highlighted export destination
Serbia30.2%
Understand the numbers
What Montenegro's economic profile is telling you
Montenegro's economy expanded by 2.7 percent in 2025, while modeled unemployment remained in double digits. Matched 2024 WTO merchandise data show imports far above exports, with Serbia the largest individual export destination.
Reading the macro data
Nominal GDP measures current-dollar size. Real growth, inflation and unemployment describe different economic conditions and can have different reference years.
Reading the trade data
Merchandise trade covers goods. A balance appears only when exports and imports have a verified matching year and currency basis.
Detailed Economic Data
| Indicator | Montenegro | Reference period | Status |
|---|---|---|---|
| GDPcurrent US$ | $9.23B | 2025 | Actual |
| GDP per capitacurrent US$ | $14,817 | 2025 | Actual |
| Real GDP growthannual % | 2.7% | 2025 | Actual |
| InflationCPI annual % | 3.9% | 2025 | Actual |
| Unemploymentmodeled ILO estimate | 13.6% | 2025 | Estimate |
| Merchandise exportscurrent USD | $660.7M | 2024 | Actual |
| Merchandise importscurrent USD | $4.40B | 2024 | Actual |
Frequently Asked Questions
What is Montenegro's latest GDP?
The verified GDP observation used here is $9.23B for 2025.
What does merchandise trade show for Montenegro?
Merchandise exports were $660.7M and imports were $4.40B in 2024, giving a same-year goods balance of -$3.74B.
Sources & methodology
Sources for the economic indicators and definitions shown above.
View sources used for this page
Core macroeconomic indicators with explicit reference years.
Official data: GDP · GDP per capita · Real growth · Inflation · Unemployment
Matched-year merchandise exports and imports from the WTO economy profile.
Official data: WTO country profile