How have things changed?, annual growth rate in Montenegro

Montenegro: How have things changed?, annual growth rate was 10.52 % change on previous year in 2024. ◆ Volatile

Latest (2024)
10.52 % change on previous year
Change on year
down 31.4%
World rank
32nd
of 212 countries
All-time high
53.75 % change on previous year
in 2008
All-time low
-27.6 % change on previous year
in 2020
Years of data
18
2007–2024

How have things changed?, annual growth rate in Montenegro, 2007–2024

-2002040602007201520242007: -20.6 % change on previous year2008: 53.8 % change on previous year2009: -3 % change on previous year2010: -6.3 % change on previous year2011: 13.1 % change on previous year2012: -6.6 % change on previous year2013: 8.6 % change on previous year2014: 0.999 % change on previous year2015: -4.8 % change on previous year2016: 9.7 % change on previous year2017: -16.7 % change on previous year2018: 13.7 % change on previous year2019: -1.7 % change on previous year2020: -27.6 % change on previous year2021: 0.561 % change on previous year2022: 10.5 % change on previous year2023: 15.3 % change on previous year2024: 10.5 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for how have things changed?, annual growth rate in Montenegro is 10.52 % change on previous year, measured in 2024.

That represents a change of down 31.4% on the previous year and up 952.4% over ten years.

Over the whole period, how have things changed?, annual growth rate in Montenegro peaked at 53.75 % change on previous year in 2008 and was at its lowest, -27.6 % change on previous year, in 2020.

Montenegro ranks 32nd of 212 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

How have things changed?, annual growth rate in Montenegro, year by year

Annual values for How have things changed?, annual growth rate in Montenegro, 2007 to 2024.
Year % change on previous year Change
2007 -20.59 % change on previous year —
2008 53.75 % change on previous year -361.1%
2009 -2.96 % change on previous year -105.5%
2010 -6.32 % change on previous year +114.0%
2011 13.05 % change on previous year -306.4%
2012 -6.62 % change on previous year -150.7%
2013 8.63 % change on previous year -230.4%
2014 0.9994 % change on previous year -88.4%
2015 -4.79 % change on previous year -578.9%
2016 9.75 % change on previous year -303.7%
2017 -16.73 % change on previous year -271.6%
2018 13.71 % change on previous year -181.9%
2019 -1.67 % change on previous year -112.1%
2020 -27.6 % change on previous year +1557.1%
2021 0.5613 % change on previous year -102.0%
2022 10.46 % change on previous year +1763.9%
2023 15.33 % change on previous year +46.6%
2024 10.52 % change on previous year -31.4%

Montenegro compared with similar countries

  • Montenegro's 10.52 % change on previous year is above the median for upper middle income countries, which is 2.16 % change on previous year, 4.9× the median. (58 countries reporting)
  • Montenegro's 10.52 % change on previous year is above the median for Europe & Central Asia, which is -1.21 % change on previous year. (53 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 10.07 % change on previous year -20.59 % change on previous year 53.75 % change on previous year 3
2010s 1 % change on previous year -16.73 % change on previous year 13.71 % change on previous year 10
2020s 1.86 % change on previous year -27.6 % change on previous year 15.33 % change on previous year 5

Countries ranked near Montenegro

  1. 29 Cote d'Ivoire 11.79 % change on previous year compare
  2. 30 Tanzania 10.95 % change on previous year compare
  3. 31 Qatar 10.91 % change on previous year compare
  4. 33 South Sudan 9.99 % change on previous year compare
  5. 34 Bulgaria 9.97 % change on previous year compare
  6. 35 Curacao 8.87 % change on previous year compare

See the full ranking of 212 places →

More reference data data for Montenegro

All data for Montenegro →

Frequently asked questions

What is how have things changed?, annual growth rate in Montenegro?
How have things changed?, annual growth rate in Montenegro was 10.52 % change on previous year in 2024, according to Statizoid (derived).
What is the highest how have things changed?, annual growth rate recorded in Montenegro?
The highest recorded value was 53.75 % change on previous year in 2008.
What is the lowest how have things changed?, annual growth rate recorded in Montenegro?
The lowest recorded value was -27.6 % change on previous year in 2020.
How does Montenegro rank for how have things changed?, annual growth rate?
Montenegro ranks 32nd out of 212 countries with data for 2024.
Is how have things changed?, annual growth rate rising or falling in Montenegro?
Over the last ten years it is up 952.4%. The long-run trend across the full record is volatile.
Where does this Montenegro data come from?
The figures come from Statizoid (derived), published as part of How have things changed?, annual growth rate. Statizoid updates them automatically from the source API.

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How have things changed?, annual growth rate in Montenegro. Statizoid, drawing on Statizoid (derived). Retrieved 28 September 2026, from https://reference.statizoid.com/stat/how-have-things-changed-annual-growth-rate/montenegro/

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How this figure is calculated

The year-on-year percentage change in How have things changed?. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
How have things changed?, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
212 places, 11,406 data points, 1966–2024
Last refreshed

The year-on-year percentage change in How have things changed?. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.