Govt expenditure share budget in Montenegro

Montenegro: Govt expenditure share budget was 114.07 in 2023. ▲ Rising

Latest (2023)
114.07
Change on year
up 10.0%
World rank
16th
of 166 countries
All-time high
131.62
in 2019
All-time low
89.16
in 2009
Years of data
15
2009–2023

Govt expenditure share budget in Montenegro, 2009–2023

0501001502009201620232009: 89.22010: 99.22011: 104.82012: 104.52013: 112.12014: 108.92015: 103.42016: 93.62017: 1012018: 105.12019: 131.62020: 110.72021: 119.12022: 103.72023: 114.1

Source: Our World in Data.

Analysis

In 2023, govt expenditure share budget in Montenegro stood at 114.07.

The figure is up 10.0% on the previous year and up 1.8% over ten years.

Over the whole period, govt expenditure share budget in Montenegro peaked at 131.62 in 2019 and was at its lowest, 89.16, in 2009.

Montenegro ranks 16th of 166 countries on this measure, in the top 10%.

The long-run direction has been consistently rising across the 15 years of available data.

Govt expenditure share budget in Montenegro, year by year

Annual values for Govt expenditure share budget in Montenegro, 2009 to 2023.
Year Value Change
2009 89.16 —
2010 99.17 +11.2%
2011 104.8 +5.7%
2012 104.47 -0.3%
2013 112.06 +7.3%
2014 108.9 -2.8%
2015 103.4 -5.1%
2016 93.63 -9.4%
2017 100.99 +7.9%
2018 105.08 +4.0%
2019 131.62 +25.3%
2020 110.74 -15.9%
2021 119.14 +7.6%
2022 103.71 -13.0%
2023 114.07 +10.0%

Montenegro compared with similar countries

  • Montenegro's 114.07 is above the median for upper middle income countries, which is 99.64, 1.1× the median. (54 countries reporting)
  • Montenegro's 114.07 is above the median for Europe & Central Asia, which is 102.35, 1.1× the median. (44 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 89.16 89.16 89.16 1
2010s 106.41 93.63 131.62 10
2020s 111.91 103.71 119.14 4

Countries ranked near Montenegro

  1. 13 Rwanda 117.14 compare
  2. 14 Lithuania 115.62 compare
  3. 15 Saudi Arabia 114.45 compare
  4. 17 Mauritius 113.86 compare
  5. 18 South Sudan 113.72 compare
  6. 19 Anguilla 113.53 compare

See the full ranking of 166 places →

More reference data data for Montenegro

All data for Montenegro →

Frequently asked questions

What is govt expenditure share budget in Montenegro?
Govt expenditure share budget in Montenegro was 114.07 in 2023, according to Our World in Data.
What is the highest govt expenditure share budget recorded in Montenegro?
The highest recorded value was 131.62 in 2019.
What is the lowest govt expenditure share budget recorded in Montenegro?
The lowest recorded value was 89.16 in 2009.
How does Montenegro rank for govt expenditure share budget?
Montenegro ranks 16th out of 166 countries with data for 2023.
Is govt expenditure share budget rising or falling in Montenegro?
Over the last ten years it is up 1.8%. The long-run trend across the full record is rising.
Where does this Montenegro data come from?
The figures come from Our World in Data, published as part of Govt expenditure share budget. Statizoid updates them automatically from the source API.

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Govt expenditure share budget in Montenegro. Statizoid, drawing on Our World in Data. Retrieved 14 November 2026, from https://reference.statizoid.com/stat/govt-expenditure-share-budget/montenegro/

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About this data

Indicator
Govt expenditure share budget
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
166 places, 2,464 data points, 2004–2025
Last refreshed