Montenegro: economy and key statistics
Montenegro is number 152 in the 311 Nations Index, with a GDP of $9.2 billion in 2025. GDP per person is $14,817. The economy grew by 2.7% in 2025. Unemployment is 13.6%. The economy is 63% services, 11% industry, 3% agriculture.
Part of the 311 Nations Index (311institute.com). Last updated .
National power
Montenegro is number 136 in the 311 National Power Index, scoring 24.9 out of 100: economic 41, technology 9, military 14 and human capital 43.
Economy at a glance
| Indicator | Latest figure | Year |
|---|---|---|
| GDP | $9.2 billion | 2025 |
| GDP (purchasing power) | $22.1 billion | 2025 |
| GDP per person | $14,817 | 2025 |
| Economic growth | +2.7% | 2025 |
| Inflation | 3.9% | 2025 |
| Unemployment | 13.6% | 2025 |
| Population | 0.6 million | 2025 |
| Labour force | 0.3 million | 2025 |
| Services share of GDP | 63% | 2025 |
| Industry share of GDP | 11% | 2025 |
| Manufacturing share of GDP | 3% | 2024 |
| Agriculture share of GDP | 3% | 2025 |
| Exports share of GDP | 40% | 2025 |
| Foreign direct investment | 7.3% of GDP | 2025 |
| High-tech share of manufactured exports | 14% | 2024 |
| Internet users | 89% of people | 2024 |
Main export industries
Montenegro exported goods worth about $0.7bn in 2024. Its biggest export industries:
- Mineral fuels, mineral oils and products of their distillation: $0.2bn (25.3% of goods exports)
- Beverages, spirits and vinegar: $0.0bn (7.4% of goods exports)
- Aluminium and articles thereof: $0.0bn (7.3% of goods exports)
- Ores, slag and ash: $0.0bn (6.9% of goods exports)
- Wood and articles of wood: $0.0bn (6.9% of goods exports)
Source: UN Comtrade, goods only (services exports are not included).
Other economies in Europe
- Germany (#3)
- United Kingdom (#5)
- France (#7)
- Russia (#8)
- Italy (#9)
- Spain (#12)
- Türkiye (#16)
- Netherlands (#18)
- Switzerland (#20)
- Poland (#21)
- Belgium (#22)
- Ireland (#23)
- Sweden (#25)
- Austria (#28)
- Norway (#31)
Questions and answers
How big is the economy of Montenegro?
Montenegro had a GDP of $9.2 billion in 2025, ranking number 152 in the 311 Nations Index.
What is GDP per person in Montenegro?
GDP per person in Montenegro was $14,817 in 2025.
How fast is the economy of Montenegro growing?
The economy of Montenegro grew by 2.7% in 2025.
Source: World Bank, World Development Indicators (CC BY 4.0).
© 311 Institute 2026. Facts from Wikidata (CC0) and the sources linked on this page. The selection, classification and links are the proprietary work of the 311 Institute, protected by copyright and database rights.