Montenegro Market Capitalization: % of GDP
2003 - 2024 | Yearly | % | CEIC Data
Key information about Montenegro Market Capitalization: % of GDP
- Montenegro Market Capitalization accounted for 50.1 % of its Nominal GDP in Dec 2024, compared with a percentage of 51.2 % in the previous year
- Montenegro Market Capitalization: % Nominal GDP is updated yearly, available from Dec 2003 to Dec 2024
- The data reached an all-time high of 146.9 % in Dec 2007 and a record low of 18.2 % in Dec 2003
CEIC calculates Market Capitalization as % of Nominal GDP from monthly Market Capitalization and annual Nominal GDP. Montenegro Stock Exchange provides Market Capitalization in EUR. The Statistical Office of Montenegro provides Nominal GDP in EUR based on ESA 2010. Nominal GDP prior to 2006 is based on ESA 1995
View Montenegro's Market Capitalization: % of GDP from 2003 to 2024 in the chart:
What was Montenegro's Market Capitalization: % of GDP in 2024?
Montenegro Market Capitalization accounted for 50.1 % of its Nominal GDP in Dec 2024, compared with a percentage of 51.2 % in the previous year See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 50.1 2024 | 51.2 2023 | 18.2 2003 | 146.9 2007 | % | yearly | 2003 - 2024 |
Market Capitalization: % of GDP by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Algeria (%) | 1.4 2024 | yearly | 1999 - 2024 |
| Argentina (%) | 34.7 2020 | yearly | 2004 - 2020 |
| Armenia (%) | 4.3 2024 | yearly | 2001 - 2024 |
| Australia (%) | 102.4 2024 | yearly | 1985 - 2024 |
| Austria (%) | 25.5 2024 | yearly | 2002 - 2024 |
| Bahrain (%) | 44.7 2023 | yearly | 2002 - 2023 |
| Bangladesh (%) | 5.9 2025 | yearly | 2006 - 2025 |
| Belarus (%) | 2.6 2016 | yearly | 2011 - 2016 |
| Belgium (%) | 103.6 2024 | yearly | 1975 - 2024 |
| Bolivia (%) | 16.4 2012 | yearly | 1994 - 2012 |
| Bosnia and Herzegovina (%) | 20.2 2022 | yearly | 2008 - 2022 |
| Botswana (%) | 20.5 2024 | yearly | 2003 - 2024 |
| Brazil (%) | 34.7 2024 | yearly | 1980 - 2024 |
| Bulgaria (%) | 8.5 2024 | yearly | 1999 - 2024 |
| Canada (%) | 157.8 2024 | yearly | 1977 - 2024 |
| Chile (%) | 54.3 2024 | yearly | 2003 - 2024 |
| China (%) | 63.4 2024 | yearly | 1995 - 2024 |
| Colombia (%) | 18.8 2024 | yearly | 2005 - 2024 |
| Croatia (%) | 33.7 2024 | yearly | 1994 - 2024 |
| Cyprus (%) | 16.9 2024 | yearly | 2004 - 2024 |
| Czech Republic (%) | 260.1 2024 | yearly | 1995 - 2024 |
| Denmark (%) | 158.2 2024 | yearly | 2006 - 2024 |
| Ecuador (%) | 7.2 2024 | yearly | 2000 - 2024 |
| Egypt (%) | 16.2 Oct 2025 | monthly | Jun 2004 - Oct 2025 |
| Estonia (%) | 12.6 2024 | yearly | 2000 - 2024 |
| European Union (%) | 54.0 2018 | yearly | 1975 - 2018 |
| Finland (%) | 88.5 2024 | yearly | 1992 - 2024 |
| France (%) | 103.3 2024 | yearly | 1975 - 2024 |
| Georgia (%) | 0.1 2016 | yearly | 2000 - 2016 |
| Germany (%) | 46.8 2023 | yearly | 1975 - 2023 |
| Ghana (%) | 9.5 2024 | yearly | 2008 - 2024 |
| Greece (%) | 43.5 2024 | yearly | 2008 - 2024 |
| Hong Kong SAR, China (%) | 1,110.7 2024 | yearly | 1985 - 2024 |
| Hungary (%) | 21.3 2024 | yearly | 2002 - 2024 |
| Iceland (%) | 68.8 2024 | yearly | 1994 - 2024 |
| India (%) | 133.6 2024 | yearly | 1993 - 2024 |
| Indonesia (%) | 55.7 2024 | yearly | 2010 - 2024 |
| Iran (%) | 50.0 2022 | yearly | 2005 - 2022 |
| Ireland (%) | 24.7 2022 | yearly | 1997 - 2022 |
| Israel (%) | 61.6 2024 | yearly | 2002 - 2024 |
| Italy (%) | 31.3 2022 | yearly | 1998 - 2022 |
| Ivory Coast (%) | 19.1 2024 | yearly | 1993 - 2024 |
| Japan (%) | 163.9 2024 | yearly | 1994 - 2024 |
| Jordan (%) | 46.6 2024 | yearly | 1978 - 2024 |
| Kazakhstan (%) | 21.8 2024 | yearly | 1998 - 2024 |
| Kenya (%) | 12.0 2024 | yearly | 2006 - 2024 |
| South Korea (%) | 90.1 2024 | yearly | 1997 - 2024 |
| Kuwait (%) | 88.7 2024 | yearly | 2000 - 2024 |
| Kyrgyzstan (%) | 9.3 2024 | yearly | 2009 - 2024 |
| Latvia (%) | 1.0 2024 | yearly | 2000 - 2024 |
| Lebanon (%) | 10.3 2023 | yearly | 2004 - 2023 |
| Lithuania (%) | 6.1 2024 | yearly | 1995 - 2024 |
| Luxembourg (%) | 44.9 2024 | yearly | 1975 - 2024 |
| North Macedonia (%) | 37.0 2024 | yearly | 2004 - 2024 |
| Malawi (%) | 117.6 Aug 2025 | monthly | Jan 2004 - Aug 2025 |
| Malaysia (%) | 101.6 2024 | yearly | 1981 - 2024 |
| Malta (%) | 22.3 2023 | yearly | 2002 - 2023 |
| Mauritius (%) | 45.8 2024 | yearly | 1999 - 2024 |
| Mexico (%) | 27.5 2024 | yearly | 1993 - 2024 |
| Mongolia (%) | 16.2 2024 | yearly | 1998 - 2024 |
| Montenegro (%) | 50.1 2024 | yearly | 2003 - 2024 |
| Morocco (%) | 47.1 2024 | yearly | 1992 - 2024 |
| Mozambique (%) | 14.6 2024 | yearly | 1999 - 2024 |
| Nepal (%) | 79.9 2025 | yearly | 2001 - 2025 |
| Netherlands (%) | 136.2 2024 | yearly | 1975 - 2024 |
| New Zealand (%) | 35.7 2024 | yearly | 1985 - 2024 |
| Nigeria (%) | 17.2 2024 | yearly | 1985 - 2024 |
| Norway (%) | 71.0 2024 | yearly | 1981 - 2024 |
| Oman (%) | 56.1 2024 | yearly | 2003 - 2024 |
| Pakistan (%) | 13.4 2025 | yearly | 2000 - 2025 |
| Palestinian Territory (%) | 29.8 2024 | yearly | 1999 - 2024 |
| Panama (%) | 21.2 2024 | yearly | 1993 - 2024 |
| Paraguay (%) | 3.5 1999 | yearly | 1996 - 1999 |
| Peru (%) | 62.7 2024 | yearly | 1992 - 2024 |
| Philippines (%) | 75.7 2024 | yearly | 1970 - 2024 |
| Poland (%) | 40.8 2024 | yearly | 2007 - 2024 |
| Portugal (%) | 28.8 2024 | yearly | 1997 - 2024 |
| Qatar (%) | 78.1 2024 | yearly | 1997 - 2024 |
| Romania (%) | 19.9 2024 | yearly | 1995 - 2024 |
| Russia (%) | 2.8 2024 | yearly | 1997 - 2024 |
| Saudi Arabia (%) | 216.9 2024 | yearly | 1996 - 2024 |
| Serbia (%) | 5.0 2024 | yearly | 2004 - 2024 |
| Singapore (%) | 118.4 2024 | yearly | 1979 - 2024 |
| Slovakia (%) | 1.8 2024 | yearly | 2001 - 2024 |
| Slovenia (%) | 17.7 2024 | yearly | 1997 - 2024 |
| South Africa (%) | 320.1 2022 | yearly | 1975 - 2022 |
| Spain (%) | 77.3 2024 | yearly | 1995 - 2024 |
| Sri Lanka (%) | 19.0 2024 | yearly | 1991 - 2024 |
| Sudan (%) | 0.9 2021 | yearly | 2002 - 2021 |
| Sweden (%) | 172.6 2024 | yearly | 2006 - 2024 |
| Switzerland (%) | 179.3 2024 | yearly | 2000 - 2024 |
| Syria (%) | 5.9 2022 | yearly | 2010 - 2022 |
| Taiwan (%) | 287.1 2024 | yearly | 1962 - 2024 |
| Thailand (%) | 104.2 2023 | yearly | 1975 - 2023 |
| Tunisia (%) | 16.6 2024 | yearly | 1995 - 2024 |
| Turkey (%) | 30.1 2024 | yearly | 1998 - 2024 |
| Ukraine (%) | 3.4 2018 | yearly | 2010 - 2018 |
| United Arab Emirates (%) | 188.9 2024 | yearly | 2002 - 2024 |
| United Kingdom (%) | 82.7 2024 | yearly | 1999 - 2024 |
| United States (%) | 213.1 2024 | yearly | 1975 - 2024 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -4.8 Jun 2025 | quarterly | Dec 2012 - Jun 2025 |
| Consolidated Fiscal Balance (USD mn) | -36.609 Oct 2025 | monthly | Jan 2012 - Oct 2025 |
| Tax Revenue (USD mn) | 225.489 Oct 2025 | monthly | Jan 2012 - Oct 2025 |
| Tax Revenue: % of GDP (%) | 30.0 Jun 2025 | quarterly | Mar 2012 - Jun 2025 |
| National Government Debt (USD mn) | 5,602.3 Jun 2025 | monthly | Dec 2010 - Jun 2025 |
| Government Debt: % of GDP (%) | 60.3 Jun 2025 | quarterly | Dec 2010 - Jun 2025 |
| Forecast: Government Expenditure (EUR bn) | 4.812 2030 | yearly | 2002 - 2030 |
| Forecast: Government Net Debt (EUR bn) | 6.956 2030 | yearly | 2002 - 2030 |
| Forecast: Government Revenue (EUR bn) | 4.350 2030 | yearly | 2002 - 2030 |
| General Govt Revenue: Cons: Taxes: Excises (EUR) | 23,651,764.850 Jan 2025 | monthly | Jan 2012 - Jan 2025 |
| General Govt Expenditure: Cons: ow Current (EUR) | 154,050,948.920 Jan 2025 | monthly | Jan 2012 - Jan 2025 |
| General Govt Revenue: Cons: Taxes (EUR) | 132,702,629.510 Jan 2025 | monthly | Jan 2012 - Jan 2025 |
| General Government Revenue: Consolidated (EUR) | 156,245,213.220 Jan 2025 | monthly | Jan 2012 - Jan 2025 |
| General Govt Balance: Consolidated: Deficit or Surplus (EUR) | 2,068,456.780 Jan 2025 | monthly | Jan 2012 - Jan 2025 |
| General Govt Expenditure: Consolidated (EUR) | 154,176,756.440 Jan 2025 | monthly | Jan 2012 - Jan 2025 |
| General Govt Revenue: Cons: Taxes: Value Added Tax (EUR) | 96,606,704.820 Jan 2025 | monthly | Jan 2012 - Jan 2025 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 1.534 2028 | yearly | 2003 - 2028 |
| Trade Balance (USD mn) | -408.7 Oct 2025 | monthly | Jan 2005 - Oct 2025 |
| Total Exports (USD mn) | 50.8 Oct 2025 | monthly | Jan 2005 - Oct 2025 |
| Total Exports Growth (%) | -6.5 Oct 2025 | monthly | Jan 2006 - Oct 2025 |
| Aluminum: Exports (USD th) | 41,867.902 2024 | yearly | 2008 - 2024 |
| Exports: Medicament (USD th) | 41,859.324 2024 | yearly | 2008 - 2024 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 95.438 2024 | yearly | 2008 - 2024 |
| Total Imports (USD mn) | 459.6 Oct 2025 | monthly | Jan 2005 - Oct 2025 |
| Total Imports Growth (%) | 9.9 Oct 2025 | monthly | Jan 2006 - Oct 2025 |
| Imports: Medicament (USD th) | 161,040.012 2024 | yearly | 2008 - 2024 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 69,267.944 2024 | yearly | 2008 - 2024 |
| Total Exports to USA (USD mn) | 0.269 Oct 2025 | monthly | Jan 2010 - Oct 2025 |
| Total Imports from USA (USD mn) | 4.932 Oct 2025 | monthly | Jan 2006 - Oct 2025 |
| Total Exports to China (USD mn) | 0.137 Oct 2025 | monthly | Jan 2010 - Oct 2025 |
| Total Imports from China (USD mn) | 59.929 Oct 2025 | monthly | Jun 2006 - Oct 2025 |
| Exports: Europe: EU-28: Slovenia (EUR th) | 2,704.318 Oct 2025 | monthly | Mar 2009 - Oct 2025 |
| Exports: Europe: CEFTA: Serbia (EUR th) | 12,962.596 Oct 2025 | monthly | Mar 2009 - Oct 2025 |
| Exports: Machinery & Transport Equipment (EUR th) | 3,108.579 Oct 2025 | monthly | Mar 2009 - Oct 2025 |
| Exports: Mineral Fuels, Lubricants & Related Materials (EUR th) | 9,719.045 Oct 2025 | monthly | Mar 2009 - Oct 2025 |
| Exports: Manufactured Goods (EUR th) | 3,662.612 Oct 2025 | monthly | Mar 2009 - Oct 2025 |
| Exports: Crude Materials: excl Fuels (EUR th) | 7,978.203 Oct 2025 | monthly | Mar 2009 - Oct 2025 |
| Exports: Food & Live Animals (EUR th) | 5,548.692 Oct 2025 | monthly | Mar 2009 - Oct 2025 |
| Imports: Europe: CEFTA: Serbia (EUR th) | 66,438.187 Oct 2025 | monthly | Mar 2009 - Oct 2025 |
| Imports: Europe: EU-28: Greece (EUR th) | 19,716.042 Oct 2025 | monthly | Mar 2009 - Oct 2025 |
| Imports: Miscellaneous Manufactured Goods (EUR th) | 55,254.348 Oct 2025 | monthly | Mar 2009 - Oct 2025 |
| Imports: Manufactured Goods (EUR th) | 62,545.595 Oct 2025 | monthly | Mar 2009 - Oct 2025 |
| Imports: Food & Live Animals (EUR th) | 65,888.354 Oct 2025 | monthly | Mar 2009 - Oct 2025 |
| Imports: Machinery & Transport Equipment (EUR th) | 109,137.862 Oct 2025 | monthly | Mar 2009 - Oct 2025 |
| Imports: Mineral Fuels, Lubricants & Related Materials (EUR th) | 44,482.675 Oct 2025 | monthly | Mar 2009 - Oct 2025 |
| Exports (EUR th) | 43,675.332 Oct 2025 | monthly | Jan 2005 - Oct 2025 |
| Imports (EUR th) | 394,783.476 Oct 2025 | monthly | Jan 2005 - Oct 2025 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Direct Investment Abroad (USD mn) | 16.5 Sep 2025 | quarterly | Mar 2005 - Sep 2025 |
| Current Account Balance (USD mn) | 69.2 Sep 2025 | quarterly | Mar 2004 - Sep 2025 |
| Current Account Balance: % of GDP (%) | -22.9 Jun 2025 | quarterly | Mar 2010 - Jun 2025 |
| Foreign Direct Investment (USD mn) | 169.4 Sep 2025 | quarterly | Mar 2005 - Sep 2025 |
| Foreign Direct Investment: % of GDP (%) | 6.3 Jun 2025 | quarterly | Mar 2010 - Jun 2025 |
| Foreign Portfolio Investment (USD mn) | -23.088 Sep 2025 | quarterly | Mar 2005 - Sep 2025 |
| Foreign Portfolio Investment: % of GDP (%) | 18.0 Jun 2025 | quarterly | Mar 2010 - Jun 2025 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | 113.6 Jun 2025 | quarterly | Mar 2007 - Jun 2025 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | 29.585 Jun 2025 | quarterly | Mar 2007 - Jun 2025 |
| External Debt (USD mn) | 8,616.5 2023 | yearly | 2006 - 2023 |
| External Debt: % of GDP (%) | 112.7 2023 | yearly | 2006 - 2023 |
| External Debt: Short Term (USD mn) | 173.7 2023 | yearly | 2007 - 2023 |
| External Debt: Short Term: % of GDP (%) | 2.3 2023 | yearly | 2007 - 2023 |
| Forecast: Current Account Balance (USD bn) | -1.406 2030 | yearly | 2001 - 2030 |
| BoP: Current Account: Goods: Export (EUR th) | 120,372.138 Dec 2018 | quarterly | Mar 2010 - Dec 2018 |
| BoP: Current Account: Goods: Import (EUR th) | 645,611.036 Dec 2018 | quarterly | Mar 2010 - Dec 2018 |
| Balance of Payments (BoP): Current Account and Capital Account (EUR th) | -374,597.413 Dec 2018 | quarterly | Mar 2010 - Dec 2018 |
| BoP: Financial Account: Change in Central Bank Reserves (EUR th) | -9,057.098 Dec 2018 | quarterly | Mar 2010 - Dec 2018 |
| Gross General Government External Debt (EUR mn) | 4,046.072 Sep 2024 | monthly | Dec 2010 - Sep 2024 |
| Foreign Direct Investment: Flow: Slovenia (EUR) | 9,478,424.000 2023 | yearly | 2001 - 2023 |
| Foreign Direct Investment: Flow: Serbia (EUR) | 125,266,558.270 2023 | yearly | 2002 - 2023 |
| Foreign Direct Investment: Flow: Italy (EUR) | 5,543,222.480 2023 | yearly | 2001 - 2023 |
| Foreign Direct Investment: Flow: Russian Federation (EUR) | 112,506,571.770 2023 | yearly | 2001 - 2023 |
| Foreign Direct Investment: Flow: Switzerland (EUR) | 65,139,405.970 2023 | yearly | 2001 - 2023 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 4.3 Jun 2024 | monthly | Aug 2010 - Jun 2024 |
| Household Debt: % of GDP (%) | 27.8 Jun 2025 | quarterly | Mar 2007 - Jun 2025 |
| Non-Performing Loans (USD mn) | 205.823 Jun 2024 | monthly | Dec 2010 - Jun 2024 |
| M2 Growth (%) | 9.9 2024 | yearly | 2003 - 2024 |
| Reserve Requirement Ratio (%) | 5.5 Oct 2025 | monthly | Jan 2002 - Oct 2025 |
| Foreign Exchange Reserves (USD mn) | 1,671.4 Oct 2025 | monthly | Dec 2002 - Oct 2025 |
| Foreign Exchange Reserves: % of GDP (%) | 19.539 Jun 2025 | quarterly | Dec 2006 - Jun 2025 |
| Foreign Exchange Reserves: Months of Import (NA) | 3.6 Oct 2025 | monthly | Jan 2005 - Oct 2025 |
| Gold Reserves (USD mn) | 0.000 Oct 2025 | monthly | Dec 2002 - Oct 2025 |
| Total Deposits (USD mn) | 7,013.068 Oct 2025 | monthly | Jan 2003 - Oct 2025 |
| Total Deposits Growth (%) | 6.9 Oct 2025 | monthly | Jan 2004 - Oct 2025 |
| Domestic Credit (USD mn) | 4,697.7 Oct 2025 | monthly | Jan 2005 - Oct 2025 |
| Domestic Credit Growth (%) | 22.0 Oct 2025 | monthly | Jan 2006 - Oct 2025 |
| Household Debt (USD mn) | 2,677.8 Oct 2025 | monthly | Dec 2004 - Oct 2025 |
| Total Loans (USD mn) | 6,207.035 Oct 2025 | monthly | Jan 2003 - Oct 2025 |
| Total Loans Growth (%) | 15.02 Oct 2025 | monthly | Jan 2004 - Oct 2025 |
| Private Debt: % of Nominal GDP (%) | 49.26 Jun 2025 | quarterly | Mar 2007 - Jun 2025 |
| Bank Loans: Non Performing Loans (EUR th) | 200,600.000 Apr 2018 | monthly | Dec 2010 - Apr 2018 |
| Bank Loans: Residents: Households (EUR th) | 1,188,990.000 Jun 2018 | monthly | Jan 2009 - Jun 2018 |
| ME: Bank Non-Performing Loans to Total Gross Loans (%) | 7.426 2018 | yearly | 2013 - 2018 |
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