Natural resource rents in Montenegro
Montenegro: Natural resource rents was 0.6372 in 2021. ◆ Volatile
Latest (2021)
0.6372
Change on year
down 11.9%
World rank
127th
of 211 countries
All-time high
1.5
in 2008
All-time low
0
in 2000
Years of data
22
2000–2021
Natural resource rents in Montenegro, 2000–2021
Source: Our World in Data.
Analysis
The most recent figure for natural resource rents in Montenegro is 0.6372, measured in 2021.
The figure is down 11.9% on the previous year and down 55.9% over ten years.
Over the whole period, natural resource rents in Montenegro peaked at 1.5 in 2008 and was at its lowest, 0, in 2000.
That places Montenegro 127th out of 211 countries with data for 2021, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Natural resource rents in Montenegro, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 0 | — |
| 2001 | 0 | — |
| 2002 | 0 | — |
| 2003 | 0.0744 | — |
| 2004 | 0.2552 | +242.9% |
| 2005 | 0.6422 | +151.7% |
| 2006 | 1.02 | +59.4% |
| 2007 | 0.9533 | -6.9% |
| 2008 | 1.5 | +57.6% |
| 2009 | 0.3768 | -74.9% |
| 2010 | 1.14 | +201.9% |
| 2011 | 1.44 | +26.9% |
| 2012 | 0.9351 | -35.2% |
| 2013 | 0.673 | -28.0% |
| 2014 | 0.7813 | +16.1% |
| 2015 | 0.7313 | -6.4% |
| 2016 | 0.8375 | +14.5% |
| 2017 | 1.34 | +59.9% |
| 2018 | 0.8374 | -37.5% |
| 2019 | 0.6165 | -26.4% |
| 2020 | 0.723 | +17.3% |
| 2021 | 0.6372 | -11.9% |
Montenegro compared with similar countries
- Montenegro's 0.6372 is below the median for upper middle income countries, which is 1.84, 35% of the median. (58 countries reporting)
- Montenegro's 0.6372 is above the median for Europe & Central Asia, which is 0.395, 1.6× the median. (55 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.4828 | 0 | 1.5 | 10 |
| 2010s | 0.9333 | 0.6165 | 1.44 | 10 |
| 2020s | 0.6801 | 0.6372 | 0.723 | 2 |
Countries ranked near Montenegro
- 124 Bosnia and Herzegovina 0.8134 compare
- 125 Costa Rica 0.7634 compare
- 126 Croatia 0.6812 compare
- 128 Bangladesh 0.6101 compare
- 129 United Kingdom 0.5885 compare
- 130 Vanuatu 0.5681 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 natural resource rents in Montenegro?
- Natural resource rents in Montenegro was 0.6372 in 2021, according to Our World in Data.
- What is the highest natural resource rents recorded in Montenegro?
- The highest recorded value was 1.5 in 2008.
- What is the lowest natural resource rents recorded in Montenegro?
- The lowest recorded value was 0 in 2000.
- How does Montenegro rank for natural resource rents?
- Montenegro ranks 127th out of 211 countries with data for 2021.
- Is natural resource rents rising or falling in Montenegro?
- Over the last ten years it is down 55.9%. The long-run trend across the full record is volatile.
- Where does this Montenegro data come from?
- The figures come from Our World in Data, published as part of Natural resource rents. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 22 observations, free to reuse under CC BY 4.0 (Our World in Data).