Palma ratio (before tax) in Montenegro

Montenegro: Palma ratio (before tax) was 3.66 in 2021. ▲ Rising

Latest (2021)
3.66
Change on year
down 0.2%
World rank
71st
of 113 countries
All-time high
4.44
in 2015
All-time low
1.87
in 1990
Years of data
19
1984–2021

Palma ratio (before tax) in Montenegro, 1984–2021

012341984200220211984: 21985: 21986: 21987: 2.11988: 2.41990: 1.91998: 2.22001: 2.32006: 3.12007: 32008: 3.22009: 3.32012: 3.82013: 3.62014: 3.52015: 4.42016: 3.82020: 3.72021: 3.7

Source: World Inequality Database (WID.world) (2026) – with major processing by Our World in Data.

Analysis

In 2021, palma ratio (before tax) in Montenegro stood at 3.66.

The figure is down 0.2% on the previous year and down 3.8% over ten years.

Over the whole period, palma ratio (before tax) in Montenegro peaked at 4.44 in 2015 and was at its lowest, 1.87, in 1990.

That places Montenegro 71st out of 113 countries with data for 2021, putting it in the middle of the range.

The long-run direction has been consistently rising across the 19 years of available data.

Palma ratio (before tax) in Montenegro, year by year

Annual values for Palma ratio (before tax) in Montenegro, 1984 to 2021.
Year Value Change
1984 2.02
1985 1.95 -3.2%
1986 2.02 +3.6%
1987 2.06 +1.7%
1988 2.41 +17.4%
1990 1.87 -22.6%
1998 2.24 +19.8%
2001 2.34 +4.6%
2006 3.06 +30.9%
2007 3 -2.1%
2008 3.23 +7.7%
2009 3.33 +3.0%
2012 3.81 +14.2%
2013 3.58 -6.0%
2014 3.53 -1.3%
2015 4.44 +25.8%
2016 3.78 -14.9%
2020 3.67 -3.0%
2021 3.66 -0.2%

Montenegro compared with similar countries

  • Montenegro's 3.66 is below the median for upper middle income countries, which is 5.27, 69% of the median. (31 countries reporting)
  • Montenegro's 3.66 is above the median for Europe & Central Asia, which is 2.68, 1.4× the median. (42 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1980s 2.09 1.95 2.41 5
1990s 2.05 1.87 2.24 2
2000s 2.99 2.34 3.33 5
2010s 3.83 3.53 4.44 5
2020s 3.66 3.66 3.67 2

Countries ranked near Montenegro

  1. 68 Tajikistan 3.73 compare
  2. 69 Bangladesh 3.72 compare
  3. 70 Pakistan 3.7 compare
  4. 72 Mauritania 3.59 compare
  5. 73 Ethiopia 3.56 compare
  6. 74 Canada 3.53 compare

See the full ranking of 113 places →

More reference data data for Montenegro

All data for Montenegro →

Frequently asked questions

What is palma ratio (before tax) in Montenegro?
Palma ratio (before tax) in Montenegro was 3.66 in 2021, according to World Inequality Database (WID.world) (2026) – with major processing by Our World in Data.
What is the highest palma ratio (before tax) recorded in Montenegro?
The highest recorded value was 4.44 in 2015.
What is the lowest palma ratio (before tax) recorded in Montenegro?
The lowest recorded value was 1.87 in 1990.
How does Montenegro rank for palma ratio (before tax)?
Montenegro ranks 71st out of 113 countries with data for 2021.
Is palma ratio (before tax) rising or falling in Montenegro?
Over the last ten years it is down 3.8%. The long-run trend across the full record is rising.
Where does this Montenegro data come from?
The figures come from World Inequality Database (WID.world) (2026) – with major processing by Our World in Data, published as part of Palma ratio (before tax). Statizoid updates them automatically from the source API.

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Palma ratio (before tax) in Montenegro. Statizoid, drawing on World Inequality Database (WID.world) (2026) – with major processing by Our World in Data. Retrieved 24 September 2026, from https://reference.statizoid.com/stat/palma-ratio-wid/montenegro/

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About this data

Indicator
Palma ratio (before tax)
Source
World Inequality Database (WID.world) (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
113 places, 3,075 data points, 1820–2024
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. Inequality is measured here in terms of income before taxes and benefits.