Annual inflation, consumer prices in Montenegro
Montenegro: Annual inflation, consumer prices was 3.3% in 2024. ◆ Volatile
Annual inflation, consumer prices in Montenegro, 2006–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
The most recent figure for annual inflation, consumer prices in Montenegro is 3.3%, measured in 2024.
The figure is down 61.1% on the previous year and up 569.6% over ten years.
Over the whole period, annual inflation, consumer prices in Montenegro peaked at 13.0% in 2022 and was at its lowest, -0.7%, in 2014.
That places Montenegro 93rd out of 203 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual inflation, consumer prices in Montenegro, year by year
| Year | % | Change |
|---|---|---|
| 2006 | 2.9% | — |
| 2007 | 4.3% | +48.6% |
| 2008 | 8.8% | +101.5% |
| 2009 | 3.5% | -60.4% |
| 2010 | 0.7% | -81.1% |
| 2011 | 3.5% | +426.8% |
| 2012 | 4.1% | +20.1% |
| 2013 | 2.2% | -46.8% |
| 2014 | -0.7% | -132.2% |
| 2015 | 1.5% | -318.0% |
| 2016 | -0.3% | -117.5% |
| 2017 | 2.4% | -977.1% |
| 2018 | 2.6% | +9.7% |
| 2019 | 0.4% | -86.2% |
| 2020 | -0.3% | -170.7% |
| 2021 | 2.4% | -1043.0% |
| 2022 | 13.0% | +440.9% |
| 2023 | 8.6% | -34.2% |
| 2024 | 3.3% | -61.1% |
Montenegro compared with similar countries
- Montenegro's 3.3% is above the median for upper middle income countries, which is 3.1%, 1.1× the median. (52 countries reporting)
- Montenegro's 3.3% is above the median for Europe & Central Asia, which is 2.8%, 1.2× the median. (48 countries reporting)
Biggest year-on-year movements
Years where Annual inflation, consumer prices in Montenegro changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | +1043.0% | -0.3% | 2.4% |
| 2017 | +977.1% | -0.3% | 2.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.9% | 2.9% | 8.8% | 4 |
| 2010s | 1.6% | -0.7% | 4.1% | 10 |
| 2020s | 5.4% | -0.3% | 13.0% | 5 |
Countries ranked near Montenegro
- 90 Côte d'Ivoire 3.5% compare
- 90 Cote d'Ivoire 3.5% compare
- 92 Netherlands (Kingdom of the) 3.3% compare
- 94 Uganda 3.3% compare
- 95 Dominican Republic 3.3% compare
- 96 Belize 3.3% compare
More development goals data for Montenegro
- Red List Index 0.8081 index (2025)
- Number of refugees per 100,000 population, by country of origin 117.13 per 100,000 people (2025)
- Manufacturing value added per capita 361.82 constant US$ (2025)
- Number of transboundary breeds 5 (2025)
- Number of transboundary breeds (not extinct) 5 (2025)
- Number of transboundary breeds with unknown risk status 2 (2025)
- Number of local breeds with unknown risk status 1 (2025)
- Number of local breeds (not extinct) 13 (2025)
- Number of local breeds kept in the country 13 (2025)
- Infant deaths 14 (2024)
Frequently asked questions
- What is annual inflation, consumer prices in Montenegro?
- Annual inflation, consumer prices in Montenegro was 3.3% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual inflation, consumer prices recorded in Montenegro?
- The highest recorded value was 13.0% in 2022.
- What is the lowest annual inflation, consumer prices recorded in Montenegro?
- The lowest recorded value was -0.7% in 2014.
- How does Montenegro rank for annual inflation, consumer prices?
- Montenegro ranks 93rd out of 203 countries with data for 2024.
- Is annual inflation, consumer prices rising or falling in Montenegro?
- Over the last ten years it is up 569.6%. The long-run trend across the full record is volatile.
- Where does this Montenegro data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual inflation, consumer prices (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under UN SDG Global Database (open, attribution requested).