Montenegro GDP (2026): History, Growth Rate & Projections

Nominal Gross Domestic Product (GDP) of Montenegro is $10.23 billion as of 2026, according to the International Monetary Fund (IMF). The GDP growth rate in 2026 is 2.8%. GDP per capita is $16,377.

Montenegro GDP Trend

Nominal GDP of Montenegro has grown from $0.96 billion in 2000 to $10.23 billion in 2026.

Montenegro GDP Growth Rate (%)

This chart shows the year-over-year real GDP growth rate of Montenegro. Hover any bar to see the exact value for that year.

Average Growth

3.05%

Best Year

2021 (+13%)

Worst Year

2020 (-15%)

Years of Contraction

3 of 26

GDP per capita in Montenegro rose from $14,784 in 2025 to $16,377 in 2026, an increase of 10.8%.

"Montenegro GDP", "Montenegro gross domestic product", and "Montenegro economy size" all refer to the same nominal GDP figure.

Gross Domestic Product (GDP) of Montenegro

The table below shows nominal and PPP GDP, growth rate, and GDP per capita for Montenegro for every year IMF has published data, from 2000 to 2026. Click any column header to sort, or search by year.

Montenegro nominal GDP by year
Year	GDP Nominal (Current USD)	GDP Growth	GDP per capita	Pop. Change
2026	$10,227,000,000	2.8%	$16,377	0%
2025	$9,228,000,000	2.7%	$14,784	0%
2024	$8,272,000,000	3.2%	$13,260	0%
2023	$7,646,000,000	6.5%	$12,262	0%
2022	$6,265,000,000	7.7%	$10,046	-0.16%
2021	$5,827,000,000	13%	$9,322	-0.32%
2020	$4,730,000,000	-15%	$7,549	0%
2019	$5,484,000,000	4.4%	$8,750	0.16%
2018	$5,436,000,000	4.7%	$8,678	0%
2017	$4,802,000,000	3.2%	$7,672	0.16%
2016	$4,356,000,000	3.4%	$6,966	0%
2015	$4,011,000,000	2.5%	$6,422	0.16%
2014	$4,581,000,000	2.4%	$7,344	0.16%
2013	$4,422,000,000	3.4%	$7,103	0.32%
2012	$4,074,000,000	-2.5%	$6,557	0.16%
2011	$4,506,000,000	3.4%	$7,264	0.16%
2010	$4,140,000,000	2.8%	$6,684	0.16%
2009	$4,155,000,000	-6%	$6,719	0.16%
2008	$4,559,000,000	6.9%	$7,389	0.16%
2007	$3,683,000,000	7.1%	$5,981	0.16%
2006	$2,720,000,000	8.6%	$4,423	0.16%
2005	$2,257,000,000	4.2%	$3,674	0.16%
2004	$2,070,000,000	4.4%	$3,375	0.16%
2003	$1,679,000,000	2.5%	$2,742	0.33%
2002	$1,267,000,000	1.9%	$2,078	0.49%
2001	$1,148,000,000	1.1%	$1,891	0.33%
2000	$964,000,000	—	$1,594	—

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Montenegro GDP Projections (IMF)

IMF projects nominal GDP for Montenegro through 2031, based on current growth and inflation assumptions.

Montenegro nominal GDP by year
Year	GDP Nominal (Current USD)	GDP Growth	GDP per capita	Pop. Change
2031	$13,281,000,000	3%	$21,214	0%
2030	$12,620,000,000	3%	$20,169	0.16%
2029	$11,994,000,000	3%	$19,178	0%
2028	$11,382,000,000	3.2%	$18,208	0%
2027	$10,808,000,000	2.7%	$17,299	0.16%

Compare Montenegro to Nearby-Ranked Economies

Montenegro ranks #155 in the world by nominal GDP. See how it compares to the economies ranked just above and below it.

#154Togo GDP #158Liechtenstein GDP

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Frequently Asked Questions

What is the GDP of Montenegro?

The nominal GDP of Montenegro in 2026 is $10.23 billion, according to the IMF World Economic Outlook (April 2026). This ranks Montenegro 155th in the world by nominal GDP.

What is the GDP growth rate of Montenegro?

The GDP growth rate of Montenegro in 2026 is 2.8%, per IMF estimates.

What is the GDP per capita of Montenegro?

GDP per capita in Montenegro in 2026 is $16,377, per IMF data.

Is the GDP of Montenegro expected to grow?

IMF projects the nominal GDP of Montenegro to reach $13.28 billion by 2031, up from $10.23 billion in 2026.

Sources: IMF, World Economic Outlook (April 2026).

Disclaimer: GDP figures are IMF World Economic Outlook (April 2026) estimates and projections, subject to revision in future WEO releases. This page is for informational purposes only and is not investment or economic advice.