Montenegro Annual Inflation Rate

Montenegro's annual inflation rate fell to 3.34% in 2024, down from 8.58% in 2023, according to World Bank. This represents a decrease of 5.24% from the previous year. Montenegro has annual inflation rate higher than the global median (3.34% vs median 3.16%). Compared with the median in Europe, Montenegro is higher (3.34% vs regional median 2.76%) and ranks 14th out of 43 countries in Europe.