Palma ratio in Montenegro

Montenegro: Palma ratio was 1.34 in 2021. ▼ Falling

Latest (2021)
1.34
Change on year
down 5.4%
World rank
63rd
of 120 countries
All-time high
2
in 2012
All-time low
1.34
in 2021
Years of data
10
2012–2021

Palma ratio in Montenegro, 2012–2021

00.511.522012201620212012: 22013: 1.72014: 1.72015: 1.72016: 1.72017: 1.52018: 1.52019: 1.42020: 1.42021: 1.3

Source: World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.

Analysis

In 2021, palma ratio in Montenegro stood at 1.34. That is the lowest value across all 10 years on record.

The figure is down 5.4% on the previous year and down 32.7% over ten years.

Over the whole period, palma ratio in Montenegro peaked at 2 in 2012 and was at its lowest, 1.34, in 2021.

That places Montenegro 63rd out of 120 countries with data for 2021, putting it in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2010s 1.68 1.44 2 8
2020s 1.38 1.34 1.42 2

Countries ranked near Montenegro

  1. 60 Pakistan 1.35 compare
  2. 61 Nigeria 1.35 compare
  3. 62 Switzerland 1.34 compare
  4. 64 Georgia 1.34 compare
  5. 65 Latvia 1.34 compare
  6. 66 Germany 1.33 compare

See the full ranking of 120 places →

More reference data data for Montenegro

All data for Montenegro →

Frequently asked questions

What is palma ratio in Montenegro?
Palma ratio in Montenegro was 1.34 in 2021, according to World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.
What is the highest palma ratio recorded in Montenegro?
The highest recorded value was 2 in 2012.
What is the lowest palma ratio recorded in Montenegro?
The lowest recorded value was 1.34 in 2021.
How does Montenegro rank for palma ratio?
Montenegro ranks 63rd out of 120 countries with data for 2021.
Is palma ratio rising or falling in Montenegro?
Over the last ten years it is down 32.7%. The long-run trend across the full record is falling.
Where does this Montenegro data come from?
The figures come from World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data, published as part of Palma ratio. Statizoid updates them automatically from the source API.

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About this data

Indicator
Palma ratio
Source
World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
120 places, 2,148 data points, 1963–2025
Last refreshed

The Palma ratio is a measure of inequality that divides the share received by the richest 10% by the share of the poorest 40%. Higher values indicate higher inequality.