GERD by sector of performance and NUTS 2 region in Montenegro

Montenegro: GERD by sector of performance and NUTS 2 region was 22.51 in 2024. ▲ Rising

Latest (2024)
22.51
Change on year
down 7.3%
World rank
37th
of 37 countries
All-time high
25.32
in 2021
All-time low
10.28
in 2011
Years of data
12
2011–2024

GERD by sector of performance and NUTS 2 region in Montenegro, 2011–2024

01020302011201720242011: 10.32013: 12.62014: 12.62015: 13.72016: 12.82017: 152018: 23.52019: 182021: 25.32022: 19.32023: 24.32024: 22.5

Source: Eurostat.

Analysis

The most recent figure for gerd by sector of performance and nuts 2 region in Montenegro is 22.51, measured in 2024.

Compared with earlier readings it is down 7.3% on the previous year and up 79.2% over ten years.

Over the whole period, gerd by sector of performance and nuts 2 region in Montenegro peaked at 25.32 in 2021 and was at its lowest, 10.28, in 2011.

Montenegro ranks 37th of 37 countries on this measure, in the bottom quarter.

The long-run direction has been consistently rising across the 12 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2010s 14.8 10.28 23.49 8
2020s 22.85 19.3 25.32 4

Countries ranked near Montenegro

  1. 34 Cyprus 224.9 compare
  2. 35 North Macedonia 53.94 compare
  3. 36 Bosnia and Herzegovina 38.1 compare

See the full ranking of 452 places →

More reference data data for Montenegro

All data for Montenegro →

Frequently asked questions

What is gerd by sector of performance and nuts 2 region in Montenegro?
Gerd by sector of performance and nuts 2 region in Montenegro was 22.51 in 2024, according to Eurostat.
What is the highest gerd by sector of performance and nuts 2 region recorded in Montenegro?
The highest recorded value was 25.32 in 2021.
What is the lowest gerd by sector of performance and nuts 2 region recorded in Montenegro?
The lowest recorded value was 10.28 in 2011.
How does Montenegro rank for gerd by sector of performance and nuts 2 region?
Montenegro ranks 37th out of 37 countries with data for 2024.
Is gerd by sector of performance and nuts 2 region rising or falling in Montenegro?
Over the last ten years it is up 79.2%. 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 GERD by sector of performance and NUTS 2 region. Statizoid updates them automatically from the source API.

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About this data

Indicator
GERD by sector of performance and NUTS 2 region
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
452 places, 8,999 data points, 1980–2024
Last refreshed