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Montenegro GDP per Capita PPP

Montenegro's GDP per capita PPP rose to $27,852.04 in 2024, up from $27,043.33 in 2023, according to World Bank. This represents an increase of 3% (808.71) from the previous year. Montenegro has GDP per capita PPP higher than the global median (27,852.04 vs median 17,953.85). Compared with the median in Europe, Montenegro is lower (27,852.04 vs regional median 47,961.81) and ranks 38th out of 45 countries in Europe.

Montenegro's GDP rose to $8.07 billion in 2024, up from $7.53 billion in 2023.

Yearly Historical Data (1997-2024)

(in International Dollars)
Year GDP per Capita PPP
2024 27,852.04
2023 27,043.33
2022 25,429.03
2021 23,842.06
2020 21,039.32
2019 24,835.37
2018 23,877.72
2017 22,740.39
2016 21,737.99
2015 21,138.98
2014 20,475.52
2013 20,154.08
2012 19,499.94
2011 20,080.63
2010 19,481.41
2009 18,997.68
2008 20,209.65
2007 18,881.76
2006 17,702.3
2005 16,325.79
2004 15,693.86
2003 15,055.34
2002 14,749.37
2001 14,531.92
2000 14,431.78
1999 13,973.57
1998 15,381.21
1997 14,618.04
Montenegro GDP per Capita PPP : Definition
GDP per Capita PPP measures total economic output per person in Montenegro, adjusted for differences in cost of living, using 2021 international dollars.
Indicator Last Value Prior Value Period
GDP $8.07B $7.53B 2024
GDP Annual Growth Rate 3.04% 6.34% 2024
GDP per Capita $8,552.59 $8,304.26 2024
R&D Expenditure (% GDP) 0.36% 0.5% 2019
Real GDP $5.34B $5.18B 2024