Human capital in Montenegro

Montenegro: Human capital was 13.60 billion current US$ in 2020. ▲ Rising

Latest (2020)
13.60 billion current US$
Change on year
down 13.5%
World rank
139th
of 151 countries
All-time high
15.75 billion current US$
in 2018
All-time low
11.86 billion current US$
in 2015
Years of data
14
2007–2020

Human capital in Montenegro, 2007–2020

05.0B10.0B15.0B2007201320202007: 12.3B current US$2008: 15.4B current US$2009: 13.0B current US$2010: 12.9B current US$2011: 13.4B current US$2012: 12.3B current US$2013: 13.2B current US$2014: 13.2B current US$2015: 11.9B current US$2016: 12.9B current US$2017: 13.7B current US$2018: 15.8B current US$2019: 15.7B current US$2020: 13.6B current US$

Source: World Bank. Measured in current US$.

Analysis

Montenegro recorded 13.60 billion current US$ for human capital in 2020.

The figure is down 13.5% on the previous year and up 5.8% over ten years.

Over the whole period, human capital in Montenegro peaked at 15.75 billion current US$ in 2018 and was at its lowest, 11.86 billion current US$, in 2015.

That places Montenegro 139th out of 151 countries with data for 2020, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 14 years of available data.

Human capital in Montenegro, year by year

Annual values for Human capital (current US$) in Montenegro, 2007 to 2020.
Year current US$ Change
2007 12.29 billion current US$
2008 15.40 billion current US$ +25.3%
2009 13.02 billion current US$ -15.4%
2010 12.85 billion current US$ -1.3%
2011 13.39 billion current US$ +4.2%
2012 12.32 billion current US$ -8.0%
2013 13.20 billion current US$ +7.2%
2014 13.19 billion current US$ -0.1%
2015 11.86 billion current US$ -10.1%
2016 12.89 billion current US$ +8.7%
2017 13.74 billion current US$ +6.6%
2018 15.75 billion current US$ +14.7%
2019 15.73 billion current US$ -0.2%
2020 13.60 billion current US$ -13.5%

Montenegro compared with similar countries

  • Montenegro's 13.60 billion current US$ is below the median for upper middle income countries, which is 268.70 billion current US$, 5% of the median. (43 countries reporting)
  • Montenegro's 13.60 billion current US$ is below the median for Europe & Central Asia, which is 660.22 billion current US$, 2% of the median. (45 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 13.57 billion current US$ 12.29 billion current US$ 15.40 billion current US$ 3
2010s 13.49 billion current US$ 11.86 billion current US$ 15.75 billion current US$ 10
2020s 13.60 billion current US$ 13.60 billion current US$ 13.60 billion current US$ 1

Countries ranked near Montenegro

  1. 136 Maldives 23.96 billion current US$ compare
  2. 137 Kyrgyzstan 23.71 billion current US$ compare
  3. 138 Liberia 16.46 billion current US$ compare
  4. 140 Lesotho 12.75 billion current US$ compare
  5. 141 Moldova 12.50 billion current US$ compare
  6. 142 Djibouti 11.05 billion current US$ compare

See the full ranking of 151 places →

More reference data data for Montenegro

All data for Montenegro →

Frequently asked questions

What is human capital in Montenegro?
Human capital in Montenegro was 13.60 billion current US$ in 2020, according to the World Bank.
What is the highest human capital recorded in Montenegro?
The highest recorded value was 15.75 billion current US$ in 2018.
What is the lowest human capital recorded in Montenegro?
The lowest recorded value was 11.86 billion current US$ in 2015.
How does Montenegro rank for human capital?
Montenegro ranks 139th out of 151 countries with data for 2020.
Is human capital rising or falling in Montenegro?
Over the last ten years it is up 5.8%. The long-run trend across the full record is rising.
Where does this Montenegro data come from?
The figures come from the World Bank, published as part of Human capital (current US$). Statizoid updates them automatically from the source API.

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Human capital in Montenegro. Statizoid. Retrieved 24 September 2026, from https://reference.statizoid.com/stat/human-capital-current-us/montenegro/

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About this data

Indicator
Human capital (current US$)
Unit
current US$
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
151 places, 3,885 data points, 1995–2020
Last refreshed