Expenditure on old age function by type of benefit and means-testing in Montenegro

Montenegro: Expenditure on old age function by type of benefit and means-testing was 414.22 Million euro in 2023. ▲ Rising

Latest (2023)
414.22 Million euro
Change on year
up 13.3%
World rank
36th
of 36 countries
All-time high
414.22 Million euro
in 2023
All-time low
277.28 Million euro
in 2016
Years of data
8
2016–2023

Expenditure on old age function by type of benefit and means-testing in Montenegro, 2016–2023

01002003004002016201920232016: 277.3 Million euro2017: 289.1 Million euro2018: 300.1 Million euro2019: 305.8 Million euro2020: 313 Million euro2021: 319.7 Million euro2022: 365.6 Million euro2023: 414.2 Million euro

Source: Eurostat. Measured in Million euro.

Analysis

The most recent figure for expenditure on old age function by type of benefit and means-testing in Montenegro is 414.22 Million euro, measured in 2023. That is the highest value across all 8 years on record.

Compared with earlier readings it is up 13.3% on the previous year and up 49.4% over ten years.

Montenegro ranks 36th of 36 countries on this measure, in the bottom quarter.

Averages by decade

DecadeAverage LowestHighest Years
2010s 293.09 Million euro 277.28 Million euro 305.82 Million euro 4
2020s 353.13 Million euro 312.96 Million euro 414.22 Million euro 4

Countries ranked near Montenegro

  1. 33 Bosnia and Herzegovina 1,762 Million euro compare
  2. 34 Malta 1,333 Million euro compare
  3. 35 Albania 1,309 Million euro compare

See the full ranking of 45 places →

More reference data data for Montenegro

All data for Montenegro →

Frequently asked questions

What is expenditure on old age function by type of benefit and means-testing in Montenegro?
Expenditure on old age function by type of benefit and means-testing in Montenegro was 414.22 Million euro in 2023, according to Eurostat.
What is the highest expenditure on old age function by type of benefit and means-testing recorded in Montenegro?
The highest recorded value was 414.22 Million euro in 2023.
What is the lowest expenditure on old age function by type of benefit and means-testing recorded in Montenegro?
The lowest recorded value was 277.28 Million euro in 2016.
How does Montenegro rank for expenditure on old age function by type of benefit and means-testing?
Montenegro ranks 36th out of 36 countries with data for 2023.
Is expenditure on old age function by type of benefit and means-testing rising or falling in Montenegro?
Over the last ten years it is up 49.4%. The long-run trend across the full record is rising.
Where does this Montenegro data come from?
The figures come from Eurostat, published as part of Expenditure on old age function by type of benefit and means-testing. Statizoid updates them automatically from the source API.

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About this data

Indicator
Expenditure on old age function by type of benefit and means-testing
Unit
Million euro
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
45 places, 1,186 data points, 1990–2024
Last refreshed