Remittances in Montenegro

Montenegro: Remittances was 9.72 in 2025. ▲ Rising

Latest (2025)
9.72
Change on year
down 6.0%
World rank
32nd
of 194 countries
All-time high
13.61
in 2021
All-time low
5.33
in 2007
Years of data
19
2007–2025

Remittances in Montenegro, 2007–2025

0510152007201620252007: 5.32008: 6.52009: 7.32010: 10.12011: 11.32012: 12.52013: 12.32014: 11.92015: 11.72016: 112017: 10.92018: 10.82019: 10.72020: 12.72021: 13.62022: 13.32023: 10.52024: 10.32025: 9.7

Source: Our World in Data.

Analysis

Montenegro recorded 9.72 for remittances in 2025.

The figure is down 6.0% on the previous year and down 17.0% over ten years.

Over the whole period, remittances in Montenegro peaked at 13.61 in 2021 and was at its lowest, 5.33, in 2007.

That places Montenegro 32nd out of 194 countries with data for 2025, putting it in the top quarter.

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

Remittances in Montenegro, year by year

Annual values for Remittances in Montenegro, 2007 to 2025.
Year Value Change
2007 5.33 —
2008 6.54 +22.6%
2009 7.29 +11.5%
2010 10.05 +37.9%
2011 11.31 +12.4%
2012 12.46 +10.2%
2013 12.33 -1.1%
2014 11.86 -3.8%
2015 11.71 -1.3%
2016 11.03 -5.8%
2017 10.89 -1.3%
2018 10.84 -0.4%
2019 10.66 -1.7%
2020 12.69 +19.1%
2021 13.61 +7.2%
2022 13.26 -2.5%
2023 10.53 -20.6%
2024 10.34 -1.9%
2025 9.72 -6.0%

Montenegro compared with similar countries

  • Montenegro's 9.72 is above the median for upper middle income countries, which is 3.62, 2.7× the median. (56 countries reporting)
  • Montenegro's 9.72 is above the median for Europe & Central Asia, which is 1.4, 6.9× the median. (50 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 6.39 5.33 7.29 3
2010s 11.31 10.05 12.46 10
2020s 11.69 9.72 13.61 6

Countries ranked near Montenegro

  1. 29 Pakistan 9.94 compare
  2. 30 Guinea-Bissau 9.88 compare
  3. 31 Dominican Republic 9.74 compare
  4. 33 Sao Tome and Principe 9.71 compare
  5. 34 Moldova 9.41 compare
  6. 35 Togo 8.69 compare

See the full ranking of 194 places →

More reference data data for Montenegro

All data for Montenegro →

Frequently asked questions

What is remittances in Montenegro?
Remittances in Montenegro was 9.72 in 2025, according to Our World in Data.
What is the highest remittances recorded in Montenegro?
The highest recorded value was 13.61 in 2021.
What is the lowest remittances recorded in Montenegro?
The lowest recorded value was 5.33 in 2007.
How does Montenegro rank for remittances?
Montenegro ranks 32nd out of 194 countries with data for 2025.
Is remittances rising or falling in Montenegro?
Over the last ten years it is down 17.0%. The long-run trend across the full record is rising.
Where does this Montenegro data come from?
The figures come from Our World in Data, published as part of Remittances. Statizoid updates them automatically from the source API.

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Remittances in Montenegro. Statizoid, drawing on Our World in Data. Retrieved 14 November 2026, from https://reference.statizoid.com/stat/remittances/montenegro/

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About this data

Indicator
Remittances
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
194 places, 7,088 data points, 1970–2025
Last refreshed