Montenegro Nominal GDP

2010 - 2022 | Quarterly | USD mn | CEIC Data

Key information about Montenegro Nominal GDP

  • Montenegro Nominal GDP reached 1.2 USD bn in Mar 2022, compared with 1.5 USD bn in the previous quarter.
  • Nominal GDP in Montenegro is updated quarterly, available from Mar 2010 to Mar 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 7.2 % YoY in Mar 2022.
  • Its GDP deflator (implicit price deflator) increased 9.4 % in Mar 2022.
  • Montenegro GDP Per Capita reached 7,678.1 USD in Dec 2020.
  • Its Gross Savings Rate was measured at -8.6 % in Mar 2022.
  • For Nominal GDP contributions, Investment accounted for 23.9 % in Mar 2022.
  • Public Consumption accounted for 22.6 % in Mar 2022.
  • Private Consumption accounted for 86.0 % in Mar 2022.

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

Montenegro Nominal GDP

What was Montenegro's Nominal GDP in Mar 2022?

Montenegro Nominal GDP reached 1.2 USD bn in Mar 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
1,152.6 Mar 2022 1,514.8 Dec 2021 772.2 Mar 2015 1,865.7 Sep 2021 USD mn quarterly Mar 2010 - Mar 2022

Nominal GDP by Country Comparison

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country/region Last Frequency Range
Albania (USD mn) 4,763.0 Mar 2022 quarterly Mar 2008 - Mar 2022
Algeria (USD mn) 42,572.7 Dec 2021 quarterly Mar 1999 - Dec 2021
Argentina (USD mn) 138,555.9 Mar 2022 quarterly Mar 1993 - Mar 2022
Armenia (USD mn) 3,051.7 Mar 2022 quarterly Dec 1994 - Mar 2022
Australia (USD mn) 420,831.4 Mar 2022 quarterly Sep 1959 - Mar 2022
Austria (USD mn) 119,900.2 Mar 2022 quarterly Mar 1988 - Mar 2022
Azerbaijan (USD mn) 17,040.4 Dec 2021 quarterly Mar 2001 - Dec 2021
Bahrain (USD mn) 10,806.4 Mar 2022 quarterly Mar 2007 - Mar 2022
Bangladesh (USD mn) 416,270.8 2021 yearly 1960 - 2021
Belarus (USD mn) 15,246.6 Mar 2022 quarterly Mar 1994 - Mar 2022
Belgium (USD mn) 153,432.8 Mar 2022 quarterly Mar 1980 - Mar 2022
Bolivia (USD mn) 11,251.1 Dec 2021 quarterly Mar 1990 - Dec 2021
Bosnia and Herzegovina (USD mn) 5,757.1 Dec 2021 quarterly Mar 2008 - Dec 2021
Botswana (USD mn) 4,650.1 Mar 2022 quarterly Sep 1993 - Mar 2022
Brazil (USD mn) 431,448.0 Mar 2022 quarterly Mar 1990 - Mar 2022
Brunei (USD mn) 3,853.9 Dec 2021 quarterly Mar 2004 - Dec 2021
Bulgaria (USD mn) 18,822.4 Mar 2022 quarterly Mar 1995 - Mar 2022
Cambodia (USD mn) 26,985.6 2021 yearly 1993 - 2021
Canada (USD mn) 532,603.6 Mar 2022 quarterly Mar 1957 - Mar 2022
Chile (USD mn) 79,926.2 Mar 2022 quarterly Mar 1990 - Mar 2022
China (USD mn) 4,256,153.7 Mar 2022 quarterly Mar 1992 - Mar 2022
Colombia (USD mn) 86,226.8 Mar 2022 quarterly Mar 2000 - Mar 2022
Croatia (USD mn) 15,810.7 Mar 2022 quarterly Mar 1995 - Mar 2022
Cyprus (USD mn) 6,955.2 Mar 2022 quarterly Mar 1995 - Mar 2022
Czech Republic (USD mn) 74,656.3 Mar 2022 quarterly Mar 1995 - Mar 2022
Denmark (USD mn) 101,212.2 Mar 2022 quarterly Mar 1990 - Mar 2022
Ecuador (USD mn) 27,717.7 Dec 2021 quarterly Mar 1991 - Dec 2021
Egypt (USD mn) 96,155.5 Jun 2021 quarterly Sep 2001 - Jun 2021
Estonia (USD mn) 9,635.6 Mar 2022 quarterly Mar 1995 - Mar 2022
European Union (USD mn) 4,273,111.9 Mar 2022 quarterly Mar 1999 - Mar 2022
Finland (USD mn) 74,163.5 Mar 2022 quarterly Mar 1990 - Mar 2022
France (USD mn) 720,979.7 Mar 2022 quarterly Mar 1957 - Mar 2022
Georgia (USD mn) 4,610.4 Mar 2022 quarterly Mar 2010 - Mar 2022
Germany (USD mn) 1,038,505.7 Mar 2022 quarterly Mar 1960 - Mar 2022
Ghana (USD mn) 21,594.6 Mar 2022 quarterly Mar 2006 - Mar 2022
Greece (USD mn) 55,947.2 Mar 2022 quarterly Mar 1995 - Mar 2022
Hong Kong SAR, China (USD mn) 86,893.9 Mar 2022 quarterly Mar 1973 - Mar 2022
Hungary (USD mn) 42,058.0 Mar 2022 quarterly Mar 1995 - Mar 2022
Iceland (USD mn) 6,926.9 Mar 2022 quarterly Mar 1995 - Mar 2022
India (USD mn) 879,815.8 Mar 2022 quarterly Jun 1996 - Mar 2022
Indonesia (USD mn) 314,608.3 Mar 2022 quarterly Mar 1993 - Mar 2022
Iran (USD mn) 393,335.2 Dec 2021 quarterly Jun 1988 - Dec 2021
Ireland (USD mn) 131,137.2 Mar 2022 quarterly Mar 1995 - Mar 2022
Israel (USD mn) 128,124.8 Mar 2022 quarterly Mar 1995 - Mar 2022
Italy (USD mn) 516,458.7 Mar 2022 quarterly Mar 1980 - Mar 2022
Ivory Coast (USD mn) 10,091.2 Sep 2018 quarterly Mar 1997 - Sep 2018
Japan (USD mn) 1,165,764.4 Mar 2022 quarterly Mar 1957 - Mar 2022
Jordan (USD mn) 10,972.5 Mar 2022 quarterly Mar 1992 - Mar 2022
Kazakhstan (USD mn) 67,879.3 Dec 2021 quarterly Mar 1994 - Dec 2021
Kenya (USD mn) 28,077.8 Dec 2021 quarterly Mar 2009 - Dec 2021
South Korea (USD mn) 442,007.2 Mar 2022 quarterly Mar 1960 - Mar 2022
Kosovo (USD mn) 1,954.1 Mar 2022 quarterly Mar 2010 - Mar 2022
Kuwait (USD mn) 27,984.3 Dec 2020 quarterly Mar 2010 - Dec 2020
Kyrgyzstan (USD mn) 1,626.7 Mar 2022 quarterly Mar 2000 - Mar 2022
Laos (USD mn) 19,074.4 2021 yearly 1984 - 2021
Latvia (USD mn) 10,431.3 Mar 2022 quarterly Mar 1995 - Mar 2022
Lebanon (USD mn) 53,595.4 2019 yearly 1997 - 2019
Lithuania (USD mn) 17,275.2 Mar 2022 quarterly Mar 1995 - Mar 2022
Luxembourg (USD mn) 22,327.9 Mar 2022 quarterly Mar 1995 - Mar 2022
Macau SAR, China (USD mn) 6,655.4 Mar 2022 quarterly Mar 1998 - Mar 2022
North Macedonia (USD mn) 3,290.8 Mar 2022 quarterly Mar 2000 - Mar 2022
Malawi (USD mn) 10,862.6 2019 yearly 1960 - 2019
Malaysia (USD mn) 100,790.2 Mar 2022 quarterly Mar 1991 - Mar 2022
Malta (USD mn) 4,248.6 Mar 2022 quarterly Mar 1992 - Mar 2022
Mauritius (USD mn) 3,187.7 Dec 2021 quarterly Mar 1999 - Dec 2021
Mexico (USD mn) 340,362.7 Mar 2022 quarterly Mar 1993 - Mar 2022
Moldova (USD mn) 3,110.4 Mar 2022 quarterly Mar 1995 - Mar 2022
Mongolia (USD mn) 3,329.9 Mar 2022 quarterly Mar 2000 - Mar 2022
Montenegro (USD mn) 1,152.6 Mar 2022 quarterly Mar 2010 - Mar 2022
Morocco (USD mn) 33,535.1 Dec 2021 quarterly Mar 1990 - Dec 2021
Mozambique (USD mn) 15,777.0 2021 yearly 1963 - 2021
Myanmar (USD mn) 66,719.6 2018 yearly 2001 - 2018
Nepal (USD mn) 36,195.7 2021 yearly 2001 - 2021
Netherlands (USD mn) 255,069.4 Mar 2022 quarterly Mar 1988 - Mar 2022
New Zealand (USD mn) 61,582.6 Mar 2022 quarterly Jun 1987 - Mar 2022
Nigeria (USD mn) 109,066.7 Mar 2022 quarterly Mar 2010 - Mar 2022
Norway (USD mn) 139,600.3 Mar 2022 quarterly Mar 1978 - Mar 2022
Oman (USD mn) 22,836.9 Dec 2021 quarterly Mar 2005 - Dec 2021
Pakistan (USD mn) 348,674.2 2021 yearly 2000 - 2021
Palestinian Territory (USD mn) 4,898.6 Mar 2022 quarterly Mar 2000 - Mar 2022
Panama (USD mn) 17,623.7 Mar 2022 quarterly Mar 2007 - Mar 2022
Paraguay (USD mn) 10,335.3 Mar 2022 quarterly Mar 1994 - Mar 2022
Peru (USD mn) 56,146.1 Mar 2022 quarterly Mar 1979 - Mar 2022
Philippines (USD mn) 95,679.9 Mar 2022 quarterly Mar 1981 - Mar 2022
Poland (USD mn) 166,745.3 Mar 2022 quarterly Mar 1995 - Mar 2022
Portugal (USD mn) 63,994.3 Mar 2022 quarterly Mar 1995 - Mar 2022
Qatar (USD mn) 47,875.3 Dec 2021 quarterly Mar 2010 - Dec 2021
Romania (USD mn) 77,565.6 Mar 2022 quarterly Mar 1995 - Mar 2022
Russia (USD mn) 404,404.3 Mar 2022 quarterly Mar 1993 - Mar 2022
Saudi Arabia (USD mn) 251,950.4 Mar 2022 quarterly Mar 2003 - Mar 2022
Serbia (USD mn) 14,696.0 Mar 2022 quarterly Mar 1996 - Mar 2022
Singapore (USD mn) 106,889.7 Mar 2022 quarterly Mar 1975 - Mar 2022
Slovakia (USD mn) 28,404.6 Mar 2022 quarterly Mar 1995 - Mar 2022
Slovenia (USD mn) 15,667.3 Mar 2022 quarterly Mar 1995 - Mar 2022
South Africa (USD mn) 102,855.7 Dec 2021 quarterly Mar 1960 - Dec 2021
Spain (USD mn) 356,917.1 Mar 2022 quarterly Mar 1970 - Mar 2022
Sri Lanka (USD mn) 23,186.9 Dec 2021 quarterly Mar 2002 - Dec 2021
Sudan (USD mn) 73,427.7 2020 yearly 1960 - 2020
Sweden (USD mn) 146,923.1 Mar 2022 quarterly Mar 1980 - Mar 2022
Switzerland (USD mn) 208,270.1 Mar 2022 quarterly Mar 1980 - Mar 2022

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Montenegro Key Series

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Includes 199 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 (%) -0.4 Mar 2022 quarterly Dec 2012 - Mar 2022
Consolidated Fiscal Balance (USD mn) -15.473 Apr 2022 monthly Jan 2012 - Apr 2022
Tax Revenue (USD mn) 144.737 Apr 2022 monthly Jan 2012 - Apr 2022
Tax Revenue: % of GDP (%) 29.2 Mar 2022 quarterly Mar 2012 - Mar 2022
National Government Debt (USD mn) 4,508.6 Mar 2022 monthly Dec 2010 - Mar 2022
Government Debt: % of GDP (%) 80.3 Mar 2022 quarterly Dec 2010 - Mar 2022
Forecast: Government Expenditure (EUR bn) 3.256 2027 yearly 2002 - 2027
Forecast: Government Net Debt (EUR bn) 6.024 2027 yearly 2002 - 2027
Forecast: Government Revenue (EUR bn) 2.803 2027 yearly 2002 - 2027
General Govt Revenue: Cons: Taxes: Value Added Tax (EUR) 73,487,462.640 Apr 2022 monthly Jan 2012 - Apr 2022
General Govt Revenue: Cons: Taxes: Excises (EUR) 19,259,652.580 Apr 2022 monthly Jan 2012 - Apr 2022
General Govt Expenditure: Cons: ow Current (EUR) 177,154,655.880 Apr 2022 monthly Jan 2012 - Apr 2022
General Govt Revenue: Cons: Taxes (EUR) 133,978,505.540 Apr 2022 monthly Jan 2012 - Apr 2022
General Government Revenue: Consolidated (EUR) 181,994,151.280 Apr 2022 monthly Jan 2012 - Apr 2022
General Govt Expenditure: Consolidated (EUR) 196,316,924.420 Apr 2022 monthly Jan 2012 - Apr 2022
General Govt Balance: Consolidated: Deficit or Surplus (EUR) -14,322,773.140 Apr 2022 monthly Jan 2012 - Apr 2022
Gross General Government Debt: Domestic (EUR mn) 393.210 Mar 2022 monthly Dec 2010 - Mar 2022
Gross General Government External Debt (EUR mn) 3,671.190 Mar 2022 monthly Dec 2010 - Mar 2022
Gross General Government Debt (EUR mn) 4,064.400 Mar 2022 monthly Dec 2010 - Mar 2022
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 2.053 2027 yearly 2003 - 2027
Trade Balance (USD mn) -227.3 Apr 2022 monthly Jan 2005 - Apr 2022
Total Exports (USD mn) 60.8 May 2022 monthly Jan 2005 - May 2022
Total Exports Growth (%) 92.4 Apr 2022 monthly Jan 2006 - Apr 2022
Aluminum: Exports (USD th) 64,427.184 2020 yearly 2008 - 2020
Exports: Medicament (USD th) 27,577.528 2020 yearly 2008 - 2020
Exports: Medicinal and Pharmaceutical Product (USD th) 35.218 2020 yearly 2008 - 2020
Total Imports (USD mn) 302.4 May 2022 monthly Jan 2005 - May 2022
Total Imports Growth (%) 38.9 May 2022 monthly Jan 2006 - May 2022
Imports: Medicament (USD th) 95,282.144 2020 yearly 2008 - 2020
Imports: Medicinal and Pharmaceutical Product (USD th) 37,610.169 2020 yearly 2008 - 2020
Total Exports to USA (USD mn) 0.284 Apr 2022 monthly Jan 2010 - Apr 2022
Total Imports from USA (USD mn) 4.055 May 2022 monthly Jan 2006 - May 2022
Total Exports to China (USD mn) 0.151 May 2022 monthly Jan 2010 - May 2022
Total Imports from China (USD mn) 27.508 May 2022 monthly Jan 2006 - May 2022
Exports (EUR th) 57,558.299 May 2022 monthly Jan 2005 - May 2022
Imports (EUR th) 286,165.952 May 2022 monthly Jan 2005 - May 2022
Exports: Mineral Fuels, Lubricants & Related Materials (EUR th) 17,044.429 May 2022 monthly Mar 2009 - May 2022
Exports: Manufactured Goods (EUR th) 17,980.124 May 2022 monthly Mar 2009 - May 2022
Exports: Food & Live Animals (EUR th) 2,443.298 May 2022 monthly Mar 2009 - May 2022
Exports: Machinery & Transport Equipment (EUR th) 7,342.388 May 2022 monthly Mar 2009 - May 2022
Exports: Crude Materials: excl Fuels (EUR th) 5,937.972 May 2022 monthly Mar 2009 - May 2022
Exports: Europe: EU-28: Slovenia (EUR th) 7,372.190 May 2022 monthly Mar 2009 - May 2022
Exports: Europe: CEFTA: Serbia (EUR th) 9,884.829 May 2022 monthly Mar 2009 - May 2022
Imports: Manufactured Goods (EUR th) 56,212.500 May 2022 monthly Mar 2009 - May 2022
Imports: Food & Live Animals (EUR th) 53,149.186 May 2022 monthly Mar 2009 - May 2022
Imports: Miscellaneous Manufactured Goods (EUR th) 36,707.423 Apr 2022 monthly Mar 2009 - Apr 2022
Imports: Machinery & Transport Equipment (EUR th) 58,951.590 May 2022 monthly Mar 2009 - May 2022
Imports: Mineral Fuels, Lubricants & Related Materials (EUR th) 34,295.169 May 2022 monthly Mar 2009 - May 2022
Imports: Europe: EU-28: Greece (EUR th) 20,062.891 May 2022 monthly Mar 2009 - May 2022
Imports: Europe: CEFTA: Serbia (EUR th) 52,621.943 May 2022 monthly Mar 2009 - May 2022
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 4.4 Mar 2022 quarterly Mar 2005 - Mar 2022
Current Account Balance (USD mn) -206.3 Mar 2022 quarterly Mar 2004 - Mar 2022
Current Account Balance: % of GDP (%) -17.9 Mar 2022 quarterly Mar 2010 - Mar 2022
Foreign Direct Investment (USD mn) 187.3 Mar 2022 quarterly Mar 2005 - Mar 2022
Foreign Direct Investment: % of GDP (%) 16.3 Mar 2022 quarterly Mar 2010 - Mar 2022
Foreign Portfolio Investment (USD mn) -56.372 Mar 2022 quarterly Mar 2005 - Mar 2022
Foreign Portfolio Investment: % of GDP (%) -4.9 Mar 2022 quarterly Mar 2010 - Mar 2022
Foreign Portfolio Investment: Equity Securities (USD mn) 185.9 Dec 2021 quarterly Mar 2007 - Dec 2021
Foreign Portfolio Investment: Debt Securities (USD mn) 48.822 Dec 2021 quarterly Mar 2007 - Dec 2021
External Debt (USD mn) 9,722.7 2020 yearly 2006 - 2020
External Debt: % of GDP (%) 203.8 2020 yearly 2006 - 2020
External Debt: Short Term (USD mn) 316.3 2020 yearly 2007 - 2020
External Debt: Short Term: % of GDP (%) 6.6 2020 yearly 2007 - 2020
Forecast: Current Account Balance (USD bn) -1.054 2027 yearly 2001 - 2027
BoP: Current Account: Goods: Export (EUR th) 120,372.138 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
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
Foreign Direct Investment: Flow: Russian Federation (EUR) 164,526,989.970 2021 yearly 2001 - 2021
Foreign Direct Investment: Flow: Slovenia (EUR) 10,149,239.710 2021 yearly 2001 - 2021
Foreign Direct Investment: Flow: Italy (EUR) 89,717,483.530 2021 yearly 2001 - 2021
Foreign Direct Investment: Flow: Serbia (EUR) 75,953,086.230 2021 yearly 2002 - 2021
Foreign Direct Investment: Flow: Switzerland (EUR) 78,865,715.780 2021 yearly 2001 - 2021
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 6.5 Mar 2022 monthly Aug 2010 - Mar 2022
Household Debt: % of GDP (%) 28.9 Mar 2022 quarterly Dec 2010 - Mar 2022
Non-Performing Loans (USD mn) 248.117 Mar 2022 monthly Dec 2010 - Mar 2022
M2 Growth (%) -3.7 2020 yearly 2003 - 2020
Reserve Requirement Ratio (%) 5.5 Jul 2022 monthly Jan 2002 - Jul 2022
Foreign Exchange Reserves (USD mn) 1,609.0 May 2022 monthly Dec 2002 - May 2022
Foreign Exchange Reserves: % of GDP (%) 29.712 Mar 2022 quarterly Dec 2010 - Mar 2022
Foreign Exchange Reserves: Months of Import (NA) 5.3 May 2022 monthly Jan 2005 - May 2022
Gold Reserves (USD mn) 0.000 May 2022 monthly Dec 2002 - May 2022
Total Deposits (USD mn) 4,713.374 May 2022 monthly Jan 2003 - May 2022
Total Deposits Growth (%) 22.2 May 2022 monthly Jan 2004 - May 2022
Domestic Credit (USD mn) 3,213.3 May 2022 monthly Jan 2005 - May 2022
Domestic Credit Growth (%) 15.6 May 2022 monthly Jan 2006 - May 2022
Household Debt (USD mn) 1,606.4 May 2022 monthly Dec 2004 - May 2022
Total Loans (USD mn) 3,820.826 May 2022 monthly Jan 2003 - May 2022
Total Loans Growth (%) 7.18 May 2022 monthly Jan 2004 - May 2022
Private Debt: % of Nominal GDP (%) 52.83 Mar 2022 quarterly Dec 2010 - Mar 2022
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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