Human capital in Montenegro
Montenegro: Human capital was 16.15 billion real chained 2019 US$ in 2020. ▲ Rising
Human capital in Montenegro, 2007–2020
Source: World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4. Measured in real chained 2019 US$.
Analysis
The most recent figure for human capital in Montenegro is 16.15 billion real chained 2019 US$, measured in 2020. That is the highest value across all 14 years on record.
That represents a change of up 2.7% on the previous year and up 33.7% over ten years.
Over the whole period, human capital in Montenegro peaked at 16.15 billion real chained 2019 US$ in 2020 and was at its lowest, 11.85 billion real chained 2019 US$, in 2007.
That places Montenegro 139th out of 151 countries with data for 2020, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 14 years of available data.
Human capital in Montenegro, year by year
| Year | real chained 2019 US$ | Change |
|---|---|---|
| 2007 | 11.85 billion real chained 2019 US$ | — |
| 2008 | 12.24 billion real chained 2019 US$ | +3.3% |
| 2009 | 12.08 billion real chained 2019 US$ | -1.3% |
| 2010 | 12.07 billion real chained 2019 US$ | -0.0% |
| 2011 | 12.15 billion real chained 2019 US$ | +0.7% |
| 2012 | 12.59 billion real chained 2019 US$ | +3.6% |
| 2013 | 12.75 billion real chained 2019 US$ | +1.3% |
| 2014 | 13.77 billion real chained 2019 US$ | +8.0% |
| 2015 | 14.19 billion real chained 2019 US$ | +3.1% |
| 2016 | 14.46 billion real chained 2019 US$ | +1.9% |
| 2017 | 14.88 billion real chained 2019 US$ | +2.9% |
| 2018 | 15.30 billion real chained 2019 US$ | +2.8% |
| 2019 | 15.73 billion real chained 2019 US$ | +2.8% |
| 2020 | 16.15 billion real chained 2019 US$ | +2.7% |
Montenegro compared with similar countries
- Montenegro's 16.15 billion real chained 2019 US$ is below the median for upper middle income countries, which is 282.57 billion real chained 2019 US$, 6% of the median. (43 countries reporting)
- Montenegro's 16.15 billion real chained 2019 US$ is below the median for Europe & Central Asia, which is 652.62 billion real chained 2019 US$, 2% of the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 12.05 billion real chained 2019 US$ | 11.85 billion real chained 2019 US$ | 12.24 billion real chained 2019 US$ | 3 |
| 2010s | 13.79 billion real chained 2019 US$ | 12.07 billion real chained 2019 US$ | 15.73 billion real chained 2019 US$ | 10 |
| 2020s | 16.15 billion real chained 2019 US$ | 16.15 billion real chained 2019 US$ | 16.15 billion real chained 2019 US$ | 1 |
Countries ranked near Montenegro
- 136 Kyrgyzstan 26.12 billion real chained 2019 US$ compare
- 137 Guyana 23.36 billion real chained 2019 US$ compare
- 138 Liberia 16.56 billion real chained 2019 US$ compare
- 140 Lesotho 14.49 billion real chained 2019 US$ compare
- 141 Moldova 12.50 billion real chained 2019 US$ compare
- 142 Suriname 11.40 billion real chained 2019 US$ compare
More reference data data for Montenegro
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0413 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0412 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.095 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0009 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.095 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.1384 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.1046 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.1738 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.4689 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0049 (2050)
Frequently asked questions
- What is human capital in Montenegro?
- Human capital in Montenegro was 16.15 billion real chained 2019 US$ in 2020, according to World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4.
- What is the highest human capital recorded in Montenegro?
- The highest recorded value was 16.15 billion real chained 2019 US$ in 2020.
- What is the lowest human capital recorded in Montenegro?
- The lowest recorded value was 11.85 billion real chained 2019 US$ in 2007.
- 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 33.7%. The long-run trend across the full record is rising.
- Where does this Montenegro data come from?
- The figures come from World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4, published as part of Human capital (real chained 2019 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 14 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Human capital is computed as the present value of future earnings for the working population over their lifetimes. Values are measured at market exchange rates in constant 2018 US dollars, using a country-specific GDP deflator.