Montenegro Gross Domestic Product: Purchasing Power Parity
Montenegro ME: GDP: PPP
ME: GDP: PPP data was reported at 11,680.734 Intl $ mn in 2017. This records an increase from the previous number of 10,973.160 Intl $ mn for 2016. ME: GDP: PPP data is updated yearly, averaging 8,252.906 Intl $ mn from Dec 2000 to 2017, with 18 observations. The data reached an all-time high of 11,680.734 Intl $ mn in 2017 and a record low of 3,630.734 Intl $ mn in 2000. ME: GDP: PPP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Montenegro – Table ME.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars. For most economies PPP figures are extrapolated from the 2011 International Comparison Program (ICP) benchmark estimates or imputed using a statistical model based on the 2011 ICP. For 47 high- and upper middle-income economies conversion factors are provided by Eurostat and the Organisation for Economic Co-operation and Development (OECD).; ; World Bank, International Comparison Program database.; Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 11,680.73 2017 | yearly | 2000 - 2017 |
View Montenegro's Montenegro ME: GDP: PPP from 2000 to 2017 in the chart:
Montenegro ME: GDP: PPP: 2011 Price
ME: GDP: PPP: 2011 Price data was reported at 10,214.306 Intl $ mn in 2017. This records an increase from the previous number of 9,793.198 Intl $ mn for 2016. ME: GDP: PPP: 2011 Price data is updated yearly, averaging 8,377.494 Intl $ mn from Dec 1997 to 2017, with 21 observations. The data reached an all-time high of 10,214.306 Intl $ mn in 2017 and a record low of 6,100.425 Intl $ mn in 1999. ME: GDP: PPP: 2011 Price data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Montenegro – Table ME.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2011 international dollars.; ; World Bank, International Comparison Program database.; Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 10,214.31 2017 | yearly | 1997 - 2017 |
View Montenegro's Montenegro ME: GDP: PPP: 2011 Price from 1997 to 2017 in the chart:
Montenegro ME: GDP: PPP: 2011 Price:(GDP) Gross Domestic Productper Capita
ME: GDP: PPP: 2011 Price: GDP per Capita data was reported at 16,409.288 Intl $ in 2017. This records an increase from the previous number of 15,737.025 Intl $ for 2016. ME: GDP: PPP: 2011 Price: GDP per Capita data is updated yearly, averaging 13,602.588 Intl $ from Dec 1997 to 2017, with 21 observations. The data reached an all-time high of 16,409.288 Intl $ in 2017 and a record low of 10,066.692 Intl $ in 1999. ME: GDP: PPP: 2011 Price: GDP per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Montenegro – Table ME.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. GDP per capita based on purchasing power parity (PPP). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2011 international dollars.; ; World Bank, International Comparison Program database.; Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 16,409.29 2017 | yearly | 1997 - 2017 |
View Montenegro's Montenegro ME: GDP: PPP: 2011 Price:(GDP) Gross Domestic Productper Capita from 1997 to 2017 in the chart:
Montenegro ME: GDP: PPP: 2011 Price: Household Final Consumption Expenditure
ME: GDP: PPP: 2011 Price: Household Final Consumption Expenditure data was reported at 6,722.838 Intl $ mn in 2017. This records an increase from the previous number of 6,451.125 Intl $ mn for 2016. ME: GDP: PPP: 2011 Price: Household Final Consumption Expenditure data is updated yearly, averaging 5,847.206 Intl $ mn from Dec 2000 to 2017, with 18 observations. The data reached an all-time high of 6,788.375 Intl $ mn in 2008 and a record low of 3,481.045 Intl $ mn in 2003. ME: GDP: PPP: 2011 Price: Household Final Consumption Expenditure data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Montenegro – Table ME.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are converted to constant 2011 international dollars using purchasing power parity rates.; ; World Bank, International Comparison Program database.; Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 6,722.84 2017 | yearly | 2000 - 2017 |
View Montenegro's Montenegro ME: GDP: PPP: 2011 Price: Household Final Consumption Expenditure from 2000 to 2017 in the chart:
ME: GDP: PPP: 2017 Price
ME: GDP: PPP: 2017 Price data was reported at 13,645.702 Intl $ mn in 2022. This records an increase from the previous number of 12,824.103 Intl $ mn for 2021. ME: GDP: PPP: 2017 Price data is updated yearly, averaging 10,405.944 Intl $ mn from Dec 1997 to 2022, with 26 observations. The data reached an all-time high of 13,645.702 Intl $ mn in 2022 and a record low of 7,286.974 Intl $ mn in 1999. ME: GDP: PPP: 2017 Price data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Montenegro – Table ME.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the country plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2017 international dollars.;International Comparison Program, World Bank | World Development Indicators database, World Bank | Eurostat-OECD PPP Programme.;Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 13,645.702 2022 | yearly | 1997 - 2022 |
View Montenegro's ME: GDP: PPP: 2017 Price from 1997 to 2022 in the chart:
ME: GDP: PPP: 2017 Price: Final Consumption Expenditure: Households and NPISHs
ME: GDP: PPP: 2017 Price: Final Consumption Expenditure: Households and NPISHs data was reported at 8,844.105 Intl $ mn in 2022. This records an increase from the previous number of 8,060.789 Intl $ mn for 2021. ME: GDP: PPP: 2017 Price: Final Consumption Expenditure: Households and NPISHs data is updated yearly, averaging 6,882.692 Intl $ mn from Dec 2006 to 2022, with 17 observations. The data reached an all-time high of 8,844.105 Intl $ mn in 2022 and a record low of 6,140.651 Intl $ mn in 2006. ME: GDP: PPP: 2017 Price: Final Consumption Expenditure: Households and NPISHs data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Montenegro – Table ME.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are converted to constant 2017 international dollars using purchasing power parity rates.;International Comparison Program, World Bank | World Development Indicators database, World Bank | Eurostat-OECD PPP Programme.;Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 8,844.105 2022 | yearly | 2006 - 2022 |
View Montenegro's ME: GDP: PPP: 2017 Price: Final Consumption Expenditure: Households and NPISHs from 2006 to 2022 in the chart:
Montenegro ME: GDP: PPP:(GDP) Gross Domestic Productper Capita
ME: GDP: PPP: GDP per Capita data was reported at 18,765.106 Intl $ in 2017. This records an increase from the previous number of 17,633.146 Intl $ for 2016. ME: GDP: PPP: GDP per Capita data is updated yearly, averaging 13,335.351 Intl $ from Dec 2000 to 2017, with 18 observations. The data reached an all-time high of 18,765.106 Intl $ in 2017 and a record low of 6,001.709 Intl $ in 2000. ME: GDP: PPP: GDP per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Montenegro – Table ME.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. GDP per capita based on purchasing power parity (PPP). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars based on the 2011 ICP round.; ; World Bank, International Comparison Program database.; Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 18,765.11 2017 | yearly | 2000 - 2017 |
View Montenegro's Montenegro ME: GDP: PPP:(GDP) Gross Domestic Productper Capita from 2000 to 2017 in the chart:
Montenegro ME: GDP: PPP: Household Final Consumption Expenditure
ME: GDP: PPP: Household Final Consumption Expenditure data was reported at 7,397.932 Intl $ mn in 2017. This records an increase from the previous number of 7,008.182 Intl $ mn for 2016. ME: GDP: PPP: Household Final Consumption Expenditure data is updated yearly, averaging 5,360.601 Intl $ mn from Dec 2000 to 2017, with 18 observations. The data reached an all-time high of 7,397.932 Intl $ mn in 2017 and a record low of 2,355.503 Intl $ mn in 2000. ME: GDP: PPP: Household Final Consumption Expenditure data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Montenegro – Table ME.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are converted to current international dollars using purchasing power parity rates based on the 2011 ICP round.; ; World Bank, International Comparison Program database.; Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 7,397.93 2017 | yearly | 2000 - 2017 |
View Montenegro's Montenegro ME: GDP: PPP: Household Final Consumption Expenditure from 2000 to 2017 in the chart:
ME: GNI per Capita: PPP: 2017 Price
ME: GNI per Capita: PPP: 2017 Price data was reported at 22,538.722 Intl $ in 2022. This records an increase from the previous number of 21,142.468 Intl $ for 2021. ME: GNI per Capita: PPP: 2017 Price data is updated yearly, averaging 17,886.078 Intl $ from Dec 2006 to 2022, with 17 observations. The data reached an all-time high of 22,538.722 Intl $ in 2022 and a record low of 15,440.465 Intl $ in 2006. ME: GNI per Capita: PPP: 2017 Price data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Montenegro – Table ME.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. GNI per capita based on purchasing power parity (PPP). PPP GNI is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant 2017 international dollars.;International Comparison Program, World Bank | World Development Indicators database, World Bank | Eurostat-OECD PPP Programme.;Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 22,538.722 2022 | yearly | 2006 - 2022 |
View Montenegro's ME: GNI per Capita: PPP: 2017 Price from 2006 to 2022 in the chart:
Montenegro ME: GNI: PPP
ME: GNI: PPP data was reported at 11,923.184 Intl $ mn in 2017. This records an increase from the previous number of 11,119.911 Intl $ mn for 2016. ME: GNI: PPP data is updated yearly, averaging 8,230.731 Intl $ mn from Dec 2000 to 2017, with 18 observations. The data reached an all-time high of 11,923.184 Intl $ mn in 2017 and a record low of 3,814.315 Intl $ mn in 2000. ME: GNI: PPP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Montenegro – Table ME.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. PPP GNI (formerly PPP GNP) is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. Gross national income is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current international dollars. For most economies PPP figures are extrapolated from the 2011 International Comparison Program (ICP) benchmark estimates or imputed using a statistical model based on the 2011 ICP. For 47 high- and upper middle-income economies conversion factors are provided by Eurostat and the Organisation for Economic Co-operation and Development (OECD).; ; World Bank, International Comparison Program database.; Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 11,923.18 2017 | yearly | 2000 - 2017 |
View Montenegro's Montenegro ME: GNI: PPP from 2000 to 2017 in the chart:
Montenegro ME: GNI: PPP: 2011 Price
ME: GNI: PPP: 2011 Price data was reported at 10,444,255,363.133 Intl $ in 2017. This records an increase from the previous number of 9,932,720,405.601 Intl $ for 2016. ME: GNI: PPP: 2011 Price data is updated yearly, averaging 8,550,593,459.087 Intl $ from Dec 2000 to 2017, with 18 observations. The data reached an all-time high of 10,444,255,363.133 Intl $ in 2017 and a record low of 6,604,775,322.917 Intl $ in 2000. ME: GNI: PPP: 2011 Price data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Montenegro – Table ME.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. PPP GNI (formerly PPP GNP) is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. Gross national income is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant 2011 international dollars.; ; World Bank, International Comparison Program database.; Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 10,444,259,510.02 2017 | yearly | 2000 - 2017 |
View Montenegro's Montenegro ME: GNI: PPP: 2011 Price from 2000 to 2017 in the chart:
Montenegro ME: GNI: PPP: 2011 Price: GNI per Capita
ME: GNI: PPP: 2011 Price: GNI per Capita data was reported at 16,778.702 Intl $ in 2017. This records an increase from the previous number of 15,961.229 Intl $ for 2016. ME: GNI: PPP: 2011 Price: GNI per Capita data is updated yearly, averaging 13,843.486 Intl $ from Dec 2000 to 2017, with 18 observations. The data reached an all-time high of 16,778.702 Intl $ in 2017 and a record low of 10,917.886 Intl $ in 2000. ME: GNI: PPP: 2011 Price: GNI per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Montenegro – Table ME.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. GNI per capita based on purchasing power parity (PPP). PPP GNI is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant 2011 international dollars.; ; World Bank, International Comparison Program database.; Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 16,778.71 2017 | yearly | 2000 - 2017 |
View Montenegro's Montenegro ME: GNI: PPP: 2011 Price: GNI per Capita from 2000 to 2017 in the chart:
ME: GNI: PPP: 2017 Price
ME: GNI: PPP: 2017 Price data was reported at 13,911.192 Intl $ mn in 2022. This records an increase from the previous number of 13,091.649 Intl $ mn for 2021. ME: GNI: PPP: 2017 Price data is updated yearly, averaging 11,121.742 Intl $ mn from Dec 2006 to 2022, with 17 observations. The data reached an all-time high of 13,911.192 Intl $ mn in 2022 and a record low of 9,496.272 Intl $ mn in 2006. ME: GNI: PPP: 2017 Price data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Montenegro – Table ME.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. PPP GNI (formerly PPP GNP) is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. Gross national income is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant 2017 international dollars.;International Comparison Program, World Bank | World Development Indicators database, World Bank | Eurostat-OECD PPP Programme.;Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 13,911.192 2022 | yearly | 2006 - 2022 |
View Montenegro's ME: GNI: PPP: 2017 Price from 2006 to 2022 in the chart:
Montenegro ME: GNI: PPP: GNI per Capita
ME: GNI: PPP: GNI per Capita data was reported at 19,150.000 Intl $ in 2017. This records an increase from the previous number of 17,870.000 Intl $ for 2016. ME: GNI: PPP: GNI per Capita data is updated yearly, averaging 13,300.000 Intl $ from Dec 2000 to 2017, with 18 observations. The data reached an all-time high of 19,150.000 Intl $ in 2017 and a record low of 6,310.000 Intl $ in 2000. ME: GNI: PPP: GNI per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Montenegro – Table ME.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. GNI per capita based on purchasing power parity (PPP). PPP GNI is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current international dollars based on the 2011 ICP round.; ; World Bank, International Comparison Program database.; Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 19,150.00 2017 | yearly | 2000 - 2017 |
View Montenegro's Montenegro ME: GNI: PPP: GNI per Capita from 2000 to 2017 in the chart:
Montenegro ME: PPP Conversion Factor: GDP
ME: PPP Conversion Factor: GDP data was reported at 0.363 EUR/Intl $ in 2017. This records an increase from the previous number of 0.360 EUR/Intl $ for 2016. ME: PPP Conversion Factor: GDP data is updated yearly, averaging 0.361 EUR/Intl $ from Dec 2000 to 2017, with 18 observations. The data reached an all-time high of 0.372 EUR/Intl $ in 2009 and a record low of 0.294 EUR/Intl $ in 2000. ME: PPP Conversion Factor: GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Montenegro – Table ME.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. Purchasing power parity conversion factor is the number of units of a country's currency required to buy the same amounts of goods and services in the domestic market as U.S. dollar would buy in the United States. This conversion factor is for GDP. For most economies PPP figures are extrapolated from the 2011 International Comparison Program (ICP) benchmark estimates or imputed using a statistical model based on the 2011 ICP. For 47 high- and upper middle-income economies conversion factors are provided by Eurostat and the Organisation for Economic Co-operation and Development (OECD).; ; World Bank, International Comparison Program database.; ;
| Last | Frequency | Range |
|---|---|---|
| 0.36 2017 | yearly | 2000 - 2017 |
View Montenegro's Montenegro ME: PPP Conversion Factor: GDP from 2000 to 2017 in the chart:
Montenegro ME: PPP Conversion Factor: Private Consumption
ME: PPP Conversion Factor: Private Consumption data was reported at 0.436 EUR/Intl $ in 2017. This records an increase from the previous number of 0.433 EUR/Intl $ for 2016. ME: PPP Conversion Factor: Private Consumption data is updated yearly, averaging 0.451 EUR/Intl $ from Dec 2000 to 2017, with 18 observations. The data reached an all-time high of 0.491 EUR/Intl $ in 2008 and a record low of 0.317 EUR/Intl $ in 2000. ME: PPP Conversion Factor: Private Consumption data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Montenegro – Table ME.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. Purchasing power parity conversion factor is the number of units of a country's currency required to buy the same amounts of goods and services in the domestic market as U.S. dollar would buy in the United States. This conversion factor is for private consumption (i.e., household final consumption expenditure). For most economies PPP figures are extrapolated from the 2011 International Comparison Program (ICP) benchmark estimates or imputed using a statistical model based on the 2011 ICP. For 47 high- and upper middle-income economies conversion factors are provided by Eurostat and the Organisation for Economic Co-operation and Development (OECD).; ; World Bank, International Comparison Program database.; ;
| Last | Frequency | Range |
|---|---|---|
| 0.44 2017 | yearly | 2000 - 2017 |
View Montenegro's Montenegro ME: PPP Conversion Factor: Private Consumption from 2000 to 2017 in the chart:
Montenegro ME: PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio
ME: PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio data was reported at 0.409 % in 2017. This records an increase from the previous number of 0.399 % for 2016. ME: PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio data is updated yearly, averaging 0.437 % from Dec 2000 to 2017, with 18 observations. The data reached an all-time high of 0.533 % in 2008 and a record low of 0.271 % in 2000. ME: PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Montenegro – Table ME.World Bank: Gross Domestic Product: Purchasing Power Parity. Purchasing power parity conversion factor is the number of units of a country's currency required to buy the same amount of goods and services in the domestic market as a U.S. dollar would buy in the United States. The ratio of PPP conversion factor to market exchange rate is the result obtained by dividing the PPP conversion factor by the market exchange rate. The ratio, also referred to as the national price level, makes it possible to compare the cost of the bundle of goods that make up gross domestic product (GDP) across countries. It tells how many dollars are needed to buy a dollar's worth of goods in the country as compared to the United States. PPP conversion factors are based on the 2011 ICP round.; ; World Bank, International Comparison Program database.; ;
| Last | Frequency | Range |
|---|---|---|
| 0.41 2017 | yearly | 2000 - 2017 |