Montenegro Nominal GDP

2010 - 2022 | Quarterly | USD mn | CEIC Data

Key information about Montenegro Nominal GDP

  • Montenegro Nominal GDP reached 1.8 USD bn in Sep 2022, compared with 1.5 USD bn in the previous quarter.
  • Nominal GDP in Montenegro is updated quarterly, available from Mar 2010 to Sep 2022, with an average number of 1.1 USD bn.
  • The data reached an all-time high of 1.9 USD bn in Sep 2021 and a record low of 772.2 USD mn in Mar 2015.

CEIC converts quarterly Nominal GDP into USD. The Statistical Office of Montenegro provides Nominal GDP in EUR. Federal Reserve Board average market exchange rate is used for currency conversions.


Related information about Montenegro Nominal GDP

  • In the latest reports, Montenegro GDP expanded 3.2 % YoY in Sep 2022.
  • Its GDP deflator (implicit price deflator) increased 10.5 % in Sep 2022.
  • Montenegro GDP Per Capita reached 9,464.2 USD in Dec 2021.
  • Its Gross Savings Rate was measured at 19.4 % in Sep 2022.
  • For Nominal GDP contributions, Investment accounted for 24.0 % in Sep 2022.
  • Public Consumption accounted for 13.8 % in Sep 2022.
  • Private Consumption accounted for 66.8 % in Sep 2022.

View Montenegro's Nominal GDP from Mar 2010 to Sep 2022 in the chart:

Montenegro Nominal GDP

What was Montenegro's Nominal GDP in Sep 2022?

Montenegro Nominal GDP reached 1.8 USD bn in Sep 2022, compared with 1.5 USD bn in the previous quarter. See the table below for more data.

Last Previous Min Max Unit Frequency Range
1,835.8 Sep 2022 1,485.8 Jun 2022 772.2 Mar 2015 1,884.2 Sep 2021 USD mn quarterly Mar 2010 - Sep 2022

Nominal GDP by Country Comparison

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country/region Last Frequency Range
Albania (USD mn) 1,020.5 Mar 2023 quarterly Mar 2008 - Mar 2023
Algeria (USD mn) 49,686.2 Sep 2022 quarterly Mar 1999 - Sep 2022
Argentina (USD mn) 161,468.8 Sep 2022 quarterly Mar 1993 - Sep 2022
Armenia (USD mn) 4,555.0 Mar 2023 quarterly Dec 1994 - Mar 2023
Australia (USD mn) 440,146.9 Mar 2023 quarterly Sep 1959 - Mar 2023
Austria (USD mn) 117,117.1 Dec 2022 quarterly Mar 1988 - Dec 2022
Azerbaijan (USD mn) 20,960.0 Dec 2022 quarterly Mar 2001 - Dec 2022
Bahrain (USD mn) 11,004.5 Dec 2022 quarterly Mar 2007 - Dec 2022
Bangladesh (USD mn) 460,199.8 2022 yearly 1960 - 2022
Belarus (USD mn) 16,878.2 Mar 2023 quarterly Mar 1994 - Mar 2023
Belgium (USD mn) 153,814.1 Mar 2023 quarterly Mar 1980 - Mar 2023
Bolivia (USD mn) 10,724.0 Sep 2022 quarterly Mar 1990 - Sep 2022
Bosnia and Herzegovina (USD mn) 6,170.0 Sep 2022 quarterly Mar 2008 - Sep 2022
Botswana (USD mn) 5,136.2 Mar 2023 quarterly Sep 1993 - Mar 2023
Brazil (USD mn) 486,069.0 Mar 2023 quarterly Mar 1990 - Mar 2023
Brunei (USD mn) 4,130.1 Sep 2022 quarterly Mar 2004 - Sep 2022
Bulgaria (USD mn) 24,538.2 Dec 2022 quarterly Mar 1995 - Dec 2022
Cambodia (USD mn) 29,598.9 2022 yearly 1993 - 2022
Canada (USD mn) 513,543.5 Dec 2022 quarterly Mar 1957 - Dec 2022
Chile (USD mn) 69,075.0 Sep 2022 quarterly Mar 1990 - Sep 2022
China (USD mn) 4,166,759.1 Mar 2023 quarterly Mar 1992 - Mar 2023
Colombia (USD mn) 79,499.1 Dec 2022 quarterly Mar 2000 - Dec 2022
Croatia (USD mn) 17,564.7 Dec 2022 quarterly Mar 1995 - Dec 2022
Cyprus (USD mn) 7,631.5 Mar 2023 quarterly Mar 1995 - Mar 2023
Czech Republic (USD mn) 72,034.2 Dec 2022 quarterly Mar 1995 - Dec 2022
Denmark (USD mn) 96,987.7 Dec 2022 quarterly Mar 1990 - Dec 2022
Ecuador (USD mn) 29,334.6 Sep 2022 quarterly Mar 1991 - Sep 2022
Egypt (USD mn) 108,969.4 Dec 2022 quarterly Sep 2001 - Dec 2022
Estonia (USD mn) 9,214.3 Sep 2022 quarterly Mar 1995 - Sep 2022
European Union (USD mn) 4,141,831.0 Dec 2022 quarterly Mar 1999 - Dec 2022
Finland (USD mn) 73,976.2 Mar 2023 quarterly Mar 1990 - Mar 2023
France (USD mn) 689,415.2 Dec 2022 quarterly Mar 1957 - Dec 2022
Georgia (USD mn) 8,284.9 Dec 2023 quarterly Mar 2010 - Dec 2023
Germany (USD mn) 1,072,807.2 Mar 2023 quarterly Mar 1960 - Mar 2023
Ghana (USD mn) 19,263.7 Sep 2023 quarterly Mar 2006 - Sep 2023
Greece (USD mn) 50,731.1 Sep 2022 quarterly Mar 1995 - Sep 2022
Hong Kong SAR, China (USD mn) 94,469.6 Dec 2022 quarterly Mar 1973 - Dec 2022
Hungary (USD mn) 42,734.0 Mar 2023 quarterly Mar 1995 - Mar 2023
Iceland (USD mn) 7,161.1 Mar 2023 quarterly Mar 1995 - Mar 2023
India (USD mn) 873,666.0 Mar 2023 quarterly Jun 1996 - Mar 2023
Indonesia (USD mn) 328,642.9 Dec 2022 quarterly Mar 1993 - Dec 2022
Iran (USD mn) 429,426.7 Mar 2022 quarterly Jun 1988 - Mar 2022
Ireland (USD mn) 133,294.5 Dec 2022 quarterly Mar 1995 - Dec 2022
Israel (USD mn) 133,411.2 Dec 2022 quarterly Mar 1995 - Dec 2022
Italy (USD mn) 538,664.9 Mar 2023 quarterly Mar 1980 - Mar 2023
Ivory Coast (USD mn) 11,011.3 Sep 2022 quarterly Mar 1997 - Sep 2022
Japan (USD mn) 991,864.7 Dec 2022 quarterly Mar 1957 - Dec 2022
Jordan (USD mn) 11,474.4 Mar 2023 quarterly Mar 1992 - Mar 2023
Kazakhstan (USD mn) 76,997.7 Dec 2022 quarterly Mar 1994 - Dec 2022
Kenya (USD mn) 26,869.9 Sep 2022 quarterly Mar 2009 - Sep 2022
South Korea (USD mn) 429,247.3 Mar 2023 quarterly Mar 1960 - Mar 2023
Kosovo (USD mn) 2,896.7 Dec 2023 quarterly Mar 2010 - Dec 2023
Kuwait (USD mn) 27,984.3 Dec 2020 quarterly Mar 2010 - Dec 2020
Kyrgyzstan (USD mn) 2,120.3 Mar 2023 quarterly Mar 2000 - Mar 2023
Laos (USD mn) 15,362.5 2022 yearly 1984 - 2022
Latvia (USD mn) 10,411.8 Dec 2022 quarterly Mar 1995 - Dec 2022
Lebanon (USD mn) 63,482.3 2020 yearly 1997 - 2020
Lithuania (USD mn) 19,049.1 Mar 2023 quarterly Mar 1995 - Mar 2023
Luxembourg (USD mn) 22,027.3 Mar 2023 quarterly Mar 1995 - Mar 2023
Macau SAR, China (USD mn) 6,008.2 Dec 2022 quarterly Mar 1998 - Dec 2022
North Macedonia (USD mn) 3,828.1 Dec 2022 quarterly Mar 2000 - Dec 2022
Malawi (USD mn) 10,862.6 2019 yearly 1960 - 2019
Malaysia (USD mn) 102,217.9 Dec 2022 quarterly Mar 1991 - Dec 2022
Malta (USD mn) 4,614.7 Mar 2023 quarterly Mar 1992 - Mar 2023
Mauritius (USD mn) 3,723.6 Dec 2022 quarterly Mar 1999 - Dec 2022
Mexico (USD mn) 372,043.9 Dec 2022 quarterly Mar 1993 - Dec 2022
Moldova (USD mn) 3,863.7 Dec 2022 quarterly Mar 1995 - Dec 2022
Mongolia (USD mn) 3,889.7 Mar 2023 quarterly Mar 2000 - Mar 2023
Montenegro (USD mn) 1,835.8 Sep 2022 quarterly Mar 2010 - Sep 2022
Morocco (USD mn) 33,460.2 Sep 2022 quarterly Mar 1990 - Sep 2022
Mozambique (USD mn) 15,777.0 2021 yearly 1963 - 2021
Myanmar (USD mn) 66,719.6 2018 yearly 2001 - 2018
Nepal (USD mn) 40,828.2 2022 yearly 2001 - 2022
Netherlands (USD mn) 272,109.1 Mar 2023 quarterly Mar 1988 - Mar 2023
New Zealand (USD mn) 58,483.4 Dec 2022 quarterly Jun 1987 - Dec 2022
Nigeria (USD mn) 111,302.5 Mar 2023 quarterly Mar 2010 - Mar 2023
Norway (USD mn) 133,727.8 Dec 2022 quarterly Mar 1978 - Dec 2022
Oman (USD mn) 27,116.8 Mar 2023 quarterly Mar 2005 - Mar 2023
Pakistan (USD mn) 341,308.8 2023 yearly 2000 - 2023
Palestinian Territory (USD mn) 4,747.2 Sep 2022 quarterly Mar 2000 - Sep 2022
Panama (USD mn) 18,056.7 Sep 2022 quarterly Mar 2007 - Sep 2022
Paraguay (USD mn) 10,371.6 Sep 2022 quarterly Mar 1994 - Sep 2022
Peru (USD mn) 60,278.3 Mar 2023 quarterly Mar 1979 - Mar 2023
Philippines (USD mn) 112,472.0 Dec 2022 quarterly Mar 1981 - Dec 2022
Poland (USD mn) 188,184.3 Dec 2022 quarterly Mar 1995 - Dec 2022
Portugal (USD mn) 60,609.1 Sep 2022 quarterly Mar 1995 - Sep 2022
Qatar (USD mn) 62,753.6 Sep 2022 quarterly Mar 2010 - Sep 2022
Romania (USD mn) 84,896.6 Mar 2023 quarterly Mar 1995 - Mar 2023
Russia (USD mn) 677,540.7 Dec 2022 quarterly Mar 1993 - Dec 2022
Saudi Arabia (USD mn) 272,995.3 Dec 2022 quarterly Mar 2003 - Dec 2022
Serbia (USD mn) 17,095.0 Dec 2022 quarterly Mar 1995 - Dec 2022
Singapore (USD mn) 120,606.6 Mar 2023 quarterly Mar 1975 - Mar 2023
Slovakia (USD mn) 31,651.0 Mar 2023 quarterly Mar 1995 - Mar 2023
Slovenia (USD mn) 15,628.1 Dec 2022 quarterly Mar 1995 - Dec 2022
South Africa (USD mn) 98,826.0 Sep 2022 quarterly Mar 1960 - Sep 2022
Spain (USD mn) 377,281.4 Mar 2023 quarterly Mar 1970 - Mar 2023
Sri Lanka (USD mn) 17,949.0 Sep 2022 quarterly Mar 2002 - Sep 2022
Sudan (USD mn) 30,863.0 2021 yearly 1960 - 2021
Sweden (USD mn) 145,310.7 Mar 2023 quarterly Mar 1980 - Mar 2023
Switzerland (USD mn) 201,987.0 Dec 2022 quarterly Mar 1980 - Dec 2022

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Montenegro Key Series

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Includes 161 key indicators for Montenegro, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) 0.2 Dec 2023 quarterly Dec 2012 - Dec 2023
Consolidated Fiscal Balance (USD mn) -158.147 Dec 2023 monthly Jan 2012 - Dec 2023
Tax Revenue (USD mn) 149.467 Dec 2023 monthly Jan 2012 - Dec 2023
Tax Revenue: % of GDP (%) 22.8 Dec 2023 quarterly Mar 2012 - Dec 2023
National Government Debt (USD mn) 4,219.6 Sep 2023 monthly Dec 2010 - Sep 2023
Government Debt: % of GDP (%) 59.7 Sep 2023 quarterly Dec 2010 - Sep 2023
Forecast: Government Expenditure (EUR bn) 3.984 2028 yearly 2002 - 2028
Forecast: Government Net Debt (EUR bn) 6.698 2028 yearly 2002 - 2028
Forecast: Government Revenue (EUR bn) 3.392 2028 yearly 2002 - 2028
General Government Revenue: Consolidated (EUR) 256,012,257.490 Dec 2023 monthly Jan 2012 - Dec 2023
General Govt Revenue: Cons: Taxes: Value Added Tax (EUR) 81,980,319.980 Feb 2024 monthly Jan 2012 - Feb 2024
General Govt Expenditure: Consolidated (EUR) 214,470,792.860 Feb 2024 monthly Jan 2012 - Feb 2024
General Govt Expenditure: Cons: ow Current (EUR) 204,638,222.040 Feb 2024 monthly Jan 2012 - Feb 2024
General Govt Revenue: Cons: Taxes: Excises (EUR) 22,366,846.550 Feb 2024 monthly Jan 2012 - Feb 2024
General Govt Revenue: Cons: Taxes (EUR) 121,308,599.170 Feb 2024 monthly Jan 2012 - Feb 2024
General Govt Balance: Consolidated: Deficit or Surplus (EUR) -144,918,956.860 Dec 2023 monthly Jan 2012 - Dec 2023
Gross General Government Debt: Domestic (EUR mn) 382.470 Jun 2022 monthly Dec 2010 - Jun 2022
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 1.534 2028 yearly 2003 - 2028
Trade Balance (USD mn) -280.4 Dec 2023 monthly Jan 2005 - Dec 2023
Total Exports (USD mn) 42.2 Sep 2023 monthly Jan 2005 - Sep 2023
Total Exports Growth (%) -25.3 Dec 2023 monthly Jan 2006 - Dec 2023
Aluminum: Exports (USD th) 180,096.808 2022 yearly 2008 - 2022
Exports: Medicament (USD th) 34,801.190 2022 yearly 2008 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 28.151 2022 yearly 2008 - 2022
Total Imports (USD mn) 368.3 Sep 2023 monthly Jan 2005 - Sep 2023
Total Imports Growth (%) 7.0 Dec 2023 monthly Jan 2006 - Dec 2023
Imports: Medicament (USD th) 116,265.339 2022 yearly 2008 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 45,821.508 2022 yearly 2008 - 2022
Total Exports to USA (USD mn) 0.202 Feb 2024 monthly Jan 2010 - Feb 2024
Total Imports from USA (USD mn) 3.134 Feb 2024 monthly Jan 2006 - Feb 2024
Total Exports to China (USD mn) 3.786 Feb 2024 monthly Jan 2010 - Feb 2024
Total Imports from China (USD mn) 43.862 Feb 2024 monthly Jan 2006 - Feb 2024
Exports (EUR th) 39,512.254 Sep 2023 monthly Jan 2005 - Sep 2023
Exports: Mineral Fuels, Lubricants & Related Materials (EUR th) 11,409.210 Feb 2024 monthly Mar 2009 - Feb 2024
Exports: Food & Live Animals (EUR th) 3,589.306 Feb 2024 monthly Mar 2009 - Feb 2024
Exports: Crude Materials: excl Fuels (EUR th) 9,713.931 Feb 2024 monthly Mar 2009 - Feb 2024
Exports: Manufactured Goods (EUR th) 10,205.156 Feb 2024 monthly Mar 2009 - Feb 2024
Exports: Machinery & Transport Equipment (EUR th) 20,442.833 Feb 2024 monthly Mar 2009 - Feb 2024
Exports: Europe: EU-28: Slovenia (EUR th) 3,646.741 Feb 2024 monthly Mar 2009 - Feb 2024
Exports: Europe: CEFTA: Serbia (EUR th) 17,885.372 Feb 2024 monthly Mar 2009 - Feb 2024
Imports: Manufactured Goods (EUR th) 52,319.526 Feb 2024 monthly Mar 2009 - Feb 2024
Imports: Miscellaneous Manufactured Goods (EUR th) 42,690.952 Feb 2024 monthly Mar 2009 - Feb 2024
Imports (EUR th) 345,099.221 Sep 2023 monthly Jan 2005 - Sep 2023
Imports: Mineral Fuels, Lubricants & Related Materials (EUR th) 25,790.103 Feb 2024 monthly Mar 2009 - Feb 2024
Imports: Food & Live Animals (EUR th) 55,315.303 Feb 2024 monthly Mar 2009 - Feb 2024
Imports: Machinery & Transport Equipment (EUR th) 82,421.680 Feb 2024 monthly Mar 2009 - Feb 2024
Imports: Europe: CEFTA: Serbia (EUR th) 47,843.029 Feb 2024 monthly Mar 2009 - Feb 2024
Imports: Europe: EU-28: Greece (EUR th) 16,962.572 Feb 2024 monthly Mar 2009 - Feb 2024
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 27.0 Dec 2023 quarterly Mar 2005 - Dec 2023
Current Account Balance (USD mn) -278.9 Mar 2023 quarterly Mar 2004 - Mar 2023
Current Account Balance: % of GDP (%) -24.1 Dec 2023 quarterly Mar 2010 - Dec 2023
Foreign Direct Investment (USD mn) 150.7 Dec 2023 quarterly Mar 2005 - Dec 2023
Foreign Direct Investment: % of GDP (%) 8.0 Dec 2023 quarterly Mar 2010 - Dec 2023
Foreign Portfolio Investment (USD mn) 2.789 Dec 2023 quarterly Mar 2005 - Dec 2023
Foreign Portfolio Investment: % of GDP (%) 0.1 Dec 2023 quarterly Mar 2010 - Dec 2023
Foreign Portfolio Investment: Equity Securities (USD mn) 119.2 Dec 2023 quarterly Mar 2007 - Dec 2023
Foreign Portfolio Investment: Debt Securities (USD mn) 31.320 Dec 2023 quarterly Mar 2007 - Dec 2023
External Debt (USD mn) 8,815.2 2022 yearly 2006 - 2022
External Debt: % of GDP (%) 141.5 2022 yearly 2006 - 2022
External Debt: Short Term (USD mn) 198.7 2022 yearly 2007 - 2022
External Debt: Short Term: % of GDP (%) 3.2 2022 yearly 2007 - 2022
Forecast: Current Account Balance (USD bn) -1.297 2028 yearly 2001 - 2028
BoP: Current Account: Goods: Import (EUR th) 645,611.036 Dec 2018 quarterly Mar 2010 - Dec 2018
BoP: Current Account: Goods: Export (EUR th) 120,372.138 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) 3,613.400 Jun 2023 monthly Dec 2010 - Jun 2023
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 5.2 Jul 2023 monthly Aug 2010 - Jul 2023
Household Debt: % of GDP (%) 24.7 Dec 2023 quarterly Dec 2010 - Dec 2023
Non-Performing Loans (USD mn) 218.559 Nov 2022 monthly Dec 2010 - Nov 2022
M2 Growth (%) 22.9 2022 yearly 2003 - 2022
Reserve Requirement Ratio (%) 5.5 Feb 2024 monthly Jan 2002 - Feb 2024
Foreign Exchange Reserves (USD mn) 1,246.2 Feb 2024 monthly Dec 2002 - Feb 2024
Foreign Exchange Reserves: % of GDP (%) 19.669 Dec 2023 quarterly Dec 2010 - Dec 2023
Foreign Exchange Reserves: Months of Import (NA) 3.8 Feb 2024 monthly Jan 2005 - Feb 2024
Gold Reserves (USD mn) 0.000 Feb 2024 monthly Dec 2002 - Feb 2024
Total Deposits (USD mn) 5,833.846 Feb 2024 monthly Jan 2003 - Feb 2024
Total Deposits Growth (%) 3.2 Feb 2024 monthly Jan 2004 - Feb 2024
Domestic Credit (USD mn) 3,867.8 Feb 2024 monthly Jan 2005 - Feb 2024
Domestic Credit Growth (%) 7.7 Feb 2024 monthly Jan 2006 - Feb 2024
Household Debt (USD mn) 1,858.0 Feb 2024 monthly Dec 2004 - Feb 2024
Total Loans (USD mn) 4,500.728 Feb 2024 monthly Jan 2003 - Feb 2024
Total Loans Growth (%) 9.31 Feb 2024 monthly Jan 2004 - Feb 2024
Private Debt: % of Nominal GDP (%) 43.41 Dec 2023 quarterly Dec 2010 - Dec 2023
Bank Loans: Residents: Households (EUR th) 1,188,990.000 Jun 2018 monthly Jan 2009 - Jun 2018
Bank Loans: Non Performing Loans (EUR th) 200,600.000 Apr 2018 monthly Dec 2010 - Apr 2018
ME: Bank Non-Performing Loans to Total Gross Loans (%) 7.426 2018 yearly 2013 - 2018

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