Palma ratio wb in Montenegro

Montenegro: Palma ratio wb was 1.34 in 2021. ▼ Falling

Latest (2021)
1.34
Change on year
down 5.4%
World rank
62nd
of 120 countries
All-time high
2
in 2012
All-time low
1.34
in 2021
Years of data
10
2012–2021

Palma ratio wb 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: Our World in Data.

Analysis

In 2021, palma ratio wb 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 wb in Montenegro peaked at 2 in 2012 and was at its lowest, 1.34, in 2021.

That places Montenegro 62nd out of 120 countries with data for 2021, putting it in the middle of the range.

Palma ratio wb in Montenegro, year by year

Annual values for Palma ratio wb in Montenegro, 2012 to 2021.
Year Value Change
2012 2 —
2013 1.75 -12.5%
2014 1.72 -1.4%
2015 1.75 +1.4%
2016 1.69 -3.2%
2017 1.54 -8.9%
2018 1.54 +0.0%
2019 1.44 -6.8%
2020 1.42 -1.1%
2021 1.34 -5.4%

Montenegro compared with similar countries

  • Montenegro's 1.34 is below the median for upper middle income countries, which is 1.5, 89% of the median. (35 countries reporting)
  • Montenegro's 1.34 is above the median for Europe & Central Asia, which is 1.13, 1.2× the median. (47 countries reporting)

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. 59 Tunisia 1.35 compare
  2. 60 Pakistan 1.35 compare
  3. 61 Nigeria 1.35 compare
  4. 63 Georgia 1.34 compare
  5. 64 Latvia 1.34 compare
  6. 65 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 wb in Montenegro?
Palma ratio wb in Montenegro was 1.34 in 2021, according to Our World in Data.
What is the highest palma ratio wb recorded in Montenegro?
The highest recorded value was 2 in 2012.
What is the lowest palma ratio wb recorded in Montenegro?
The lowest recorded value was 1.34 in 2021.
How does Montenegro rank for palma ratio wb?
Montenegro ranks 62nd out of 120 countries with data for 2021.
Is palma ratio wb 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 Our World in Data, published as part of Palma ratio wb. Statizoid updates them automatically from the source API.

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Palma ratio wb in Montenegro. Statizoid, drawing on Our World in Data. Retrieved 14 November 2026, from https://reference.statizoid.com/stat/palma-ratio-wb/montenegro/

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About this data

Indicator
Palma ratio wb
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
120 places, 2,152 data points, 1963–2025
Last refreshed