Ilo national vs modeled data, annual growth rate in Montenegro

Montenegro: Ilo national vs modeled data, annual growth rate was -12.26 % change on previous year in 2024. ◆ Volatile

Latest (2024)
-12.26 % change on previous year
Change on year
down 6.8%
World rank
118th
of 140 countries
All-time high
18.18 % change on previous year
in 2020
All-time low
-12.26 % change on previous year
in 2024
Years of data
17
2008–2024

Ilo national vs modeled data, annual growth rate in Montenegro, 2008–2024

-10010202008201620242008: -11.3 % change on previous year2009: 11.3 % change on previous year2010: 2.9 % change on previous year2011: 0.56 % change on previous year2012: 0.248 % change on previous year2013: -1.1 % change on previous year2014: -7.8 % change on previous year2015: -2.8 % change on previous year2016: 1 % change on previous year2017: -9.3 % change on previous year2018: -5.5 % change on previous year2019: -0.408 % change on previous year2020: 18.2 % change on previous year2021: -7.5 % change on previous year2022: -10.2 % change on previous year2023: -11.5 % change on previous year2024: -12.3 % change on previous year

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

Analysis

Montenegro recorded -12.26 % change on previous year for ilo national vs modeled data, annual growth rate in 2024. That is the lowest value across all 17 years on record.

That represents a change of down 6.8% on the previous year and down 56.9% over ten years.

Over the whole period, ilo national vs modeled data, annual growth rate in Montenegro peaked at 18.18 % change on previous year in 2020 and was at its lowest, -12.26 % change on previous year, in 2024.

Montenegro ranks 118th of 140 countries on this measure, in the bottom quarter.

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

Ilo national vs modeled data, annual growth rate in Montenegro, year by year

Annual values for Ilo national vs modeled data, annual growth rate in Montenegro, 2008 to 2024.
Year % change on previous year Change
2008 -11.32 % change on previous year —
2009 11.31 % change on previous year -199.9%
2010 2.93 % change on previous year -74.1%
2011 0.5598 % change on previous year -80.9%
2012 0.248 % change on previous year -55.7%
2013 -1.13 % change on previous year -554.0%
2014 -7.82 % change on previous year +594.4%
2015 -2.76 % change on previous year -64.6%
2016 1.01 % change on previous year -136.5%
2017 -9.31 % change on previous year -1022.9%
2018 -5.55 % change on previous year -40.4%
2019 -0.4082 % change on previous year -92.6%
2020 18.18 % change on previous year -4553.7%
2021 -7.47 % change on previous year -141.1%
2022 -10.23 % change on previous year +37.0%
2023 -11.48 % change on previous year +12.2%
2024 -12.26 % change on previous year +6.8%

Montenegro compared with similar countries

  • Montenegro's -12.26 % change on previous year is below the median for upper middle income countries, which is -6.06 % change on previous year, 2.0× the median. (44 countries reporting)
  • Montenegro's -12.26 % change on previous year is below the median for Europe & Central Asia, which is 0.1229 % change on previous year. (52 countries reporting)

Biggest year-on-year movements

Years where Ilo national vs modeled data, annual growth rate in Montenegro changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2020 +4553.7% -0.4082 % change on previous year 18.18 % change on previous year
2017 -1022.9% 1.01 % change on previous year -9.31 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
2000s -0.0059 % change on previous year -11.32 % change on previous year 11.31 % change on previous year 2
2010s -2.22 % change on previous year -9.31 % change on previous year 2.93 % change on previous year 10
2020s -4.65 % change on previous year -12.26 % change on previous year 18.18 % change on previous year 5

Countries ranked near Montenegro

  1. 115 Egypt -11.97 % change on previous year compare
  2. 116 Russia -12.14 % change on previous year compare
  3. 117 Belarus -12.19 % change on previous year compare
  4. 119 Colombia -12.38 % change on previous year compare
  5. 120 United Arab Emirates -12.83 % change on previous year compare
  6. 121 Brazil -14.25 % change on previous year compare

See the full ranking of 140 places →

More reference data data for Montenegro

All data for Montenegro →

Frequently asked questions

What is ilo national vs modeled data, annual growth rate in Montenegro?
Ilo national vs modeled data, annual growth rate in Montenegro was -12.26 % change on previous year in 2024, according to Statizoid (derived).
What is the highest ilo national vs modeled data, annual growth rate recorded in Montenegro?
The highest recorded value was 18.18 % change on previous year in 2020.
What is the lowest ilo national vs modeled data, annual growth rate recorded in Montenegro?
The lowest recorded value was -12.26 % change on previous year in 2024.
How does Montenegro rank for ilo national vs modeled data, annual growth rate?
Montenegro ranks 118th out of 140 countries with data for 2024.
Is ilo national vs modeled data, annual growth rate rising or falling in Montenegro?
Over the last ten years it is down 56.9%. 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 Ilo national vs modeled data, annual growth rate. Statizoid updates them automatically from the source API.

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Ilo national vs modeled data, annual growth rate in Montenegro. Statizoid, drawing on Statizoid (derived). Retrieved 14 November 2026, from https://reference.statizoid.com/stat/ilo-national-vs-modeled-data-annual-growth-rate/montenegro/

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How this figure is calculated

The year-on-year percentage change in Ilo national vs modeled data. 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
Ilo national vs modeled data, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
140 places, 4,358 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Ilo national vs modeled data. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.