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Montenegro

MNE Β· Europe and Central Asia / Europe and Central Asia (excluding high income)

Montenegro: GDP 35.4K intl$ per capita, population 623.1K, inflation 3.9%. Compare economy, demographics and cost of living with other countries.

Location

Key Facts

Region
Europe & Central Asia
Europe & Central Asia (excluding high income)
Population
623.1K
2025
View all demographics β†’

Geography and Government

Area
13,812 kmΒ²
Capital
Podgorica
ISO 2
ME
ISO 3
MNE
Calling code
+382
Internet TLD
.me
Government type
parliamentary republic

Age Structure

0-14 years 17.7%
15-64 years 64.4%
65+ years 17.9%

Languages

Language Type Share Speakers
Montenegrin (CNR) Official - -

Religions

Religion Type Share Adherents
Orthodox Major 72.1% -
Muslim Minor 19.1% -
Catholic Minor 3.4% -
Unspecified Minor 2.6% -
Other Minor 1.5% -
Atheist Minor 1.2% -

Population & Demographics

Basic Demographics

Population, total
623.1K
2025
Population growth (annual %)
-0.06%
2025
Population density (people per sq. km of land area)
46.4 per kmΒ²
2023
Urban population (% of total population)
65.6%
2025

Health Indicators

Life expectancy at birth, total (years)
77.9 years
2024
Birth rate, crude (per 1,000 people)
11.20 per 1,000
2024
Death rate, crude (per 1,000 people)
10.20 per 1,000
2024
Fertility rate, total (births per woman)
1.80 children
2024
Mortality rate, infant (per 1,000 live births)
1.9 per 1,000
2024

Education

Educational attainment, at least completed short-cycle tertiary, population 25+, total (%) (cumulative)
0.1%
2020
Literacy rate, adult total (% of people ages 15 and above)
98.5%
2018

Economy Snapshot

Key Economic Indicators

GDP per capita (current US$)
$14.8K
2025
Inflation, consumer prices (annual %)
3.9%
2025
Unemployment, total (% of labor force)
13.6%
2025
GNI per capita (current US$)
$14.2K
2025

Macroeconomic Indicators

GDP (current US$)
$9.23B
2025
GDP growth (annual %)
2.7%
2025
GDP per capita, PPP (current international $)
35.4K intl$
2025

Trade & External Sector

Trade (% of GDP)
105.8%
2025
Exports of goods and services (% of GDP)
40.1%
2025
Imports of goods and services (% of GDP)
65.7%
2025

Other Indicators

International tourism, number of arrivals
351.0K
2020
Foreign direct investment, net inflows (% of GDP)
7.3%
2025

Cost of Living

Cost of Living Index
42.0
Est. monthly: $1,470
Rent Index
20.0
Est. rent: $560/mo
Purchasing Power
58.0
(Higher is better)

Explore More

Frequently Asked Questions

What is the average income in Montenegro?

According to our data, the average income in Montenegro is approximately $14,150 (GNI per capita) as of 2025. This figure represents Gross National Income per capita and provides insight into the economic prosperity and living standards in the country.

What is the inflation rate in Montenegro in 2025?

The inflation rate in Montenegro is 3.9% as of 2025. Inflation measures the rate at which the general level of prices for goods and services rises, eroding purchasing power. This data is updated regularly from reliable sources like the World Bank and IMF.

How does Montenegro compare to other countries in Europe and Central Asia?

Montenegro is located in Europe and Central Asia and can be compared with other countries in the region across various economic and demographic indicators including inflation rates, unemployment, average income, cost of living, population statistics, and life expectancy. Explore our comprehensive inflation comparison, unemployment rankings, cost of living data, population statistics, and life expectancy data to see how Montenegro compares to neighboring and regional countries.

Montenegro is located in Europe and Central Asia, Europe and Central Asia (excluding high income). Explore detailed statistics on economy, population, demographics, inflation, unemployment, and cost of living, with up-to-date data from the World Bank, IMF, UN, and other authoritative sources.

Our comprehensive database provides real-time insights into Montenegro's economic performance and demographic trends, allowing you to compare with other countries and understand global patterns. Access current economic indicators, population statistics, historical data, and comparative analysis to gain a deeper understanding of Montenegro's economic and demographic landscape. For detailed economic data, visit our economy page, and for demographic information, explore our population statistics section.

Sources and References

Data sources: World Bank, IMF, UN Data, Transparency International.

All data is compiled from publicly available sources and updated regularly. Economic indicators may vary based on reporting methodologies and data availability periods.

Codes and Abbreviations

ISO 2
ME
ISO 3
MNE
IOC code
MNE
Vehicle code
SCG
Latitude
42.46
Longitude
19.26

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