GERD by sector of performance and type of expenditure in Montenegro

Montenegro: GERD by sector of performance and type of expenditure was 22.51 in 2024. ▲ Rising

Latest (2024)
22.51
Change on year
down 7.3%
World rank
39th
of 39 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 type of expenditure 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 type of expenditure in Montenegro is 22.51, measured in 2024.

The figure 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 type of expenditure in Montenegro peaked at 25.32 in 2021 and was at its lowest, 10.28, in 2011.

That places Montenegro 39th out of 39 countries with data for 2024, putting it in the bottom quarter.

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

GERD by sector of performance and type of expenditure in Montenegro, year by year

Annual values for GERD by sector of performance and type of expenditure in Montenegro, 2011 to 2024.
Year Value Change
2011 10.28
2013 12.59 +22.4%
2014 12.56 -0.2%
2015 13.67 +8.8%
2016 12.83 -6.1%
2017 15 +16.9%
2018 23.49 +56.6%
2019 17.98 -23.4%
2021 25.32 +40.8%
2022 19.3 -23.8%
2023 24.27 +25.8%
2024 22.51 -7.3%

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. 36 Malta 125.71 compare
  2. 37 North Macedonia 53.94 compare
  3. 38 Bosnia and Herzegovina 38.1 compare

See the full ranking of 44 places →

More reference data data for Montenegro

All data for Montenegro →

Frequently asked questions

What is gerd by sector of performance and type of expenditure in Montenegro?
Gerd by sector of performance and type of expenditure in Montenegro was 22.51 in 2024, according to Eurostat.
What is the highest gerd by sector of performance and type of expenditure recorded in Montenegro?
The highest recorded value was 25.32 in 2021.
What is the lowest gerd by sector of performance and type of expenditure recorded in Montenegro?
The lowest recorded value was 10.28 in 2011.
How does Montenegro rank for gerd by sector of performance and type of expenditure?
Montenegro ranks 39th out of 39 countries with data for 2024.
Is gerd by sector of performance and type of expenditure 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 type of expenditure. Statizoid updates them automatically from the source API.

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GERD by sector of performance and type of expenditure in Montenegro. Statizoid, drawing on Eurostat. Retrieved 24 August 2026, from https://reference.statizoid.com/stat/gerd-by-sector-of-performance-and-type-of-expenditure/montenegro/

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About this data

Indicator
GERD by sector of performance and type of expenditure
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
44 places, 1,440 data points, 1980–2024
Last refreshed