Photo: Dirk.heldmaier Derivative work by Globe-trotter · CC BY-SA 3.0 · via Wikimedia Commons, shown in greyscale
Topic 02 of 18 · Country Index 2026
Montenegro: Economy & Innovation
What does an economy do for the people inside it?
Montenegro is placed 62nd of 176 countries on economy & innovation in the Country Index 2026, from 3 of its 4 key statistics. Readings behind it: GDP per Capita (PPP) 28,895 (2025); Firms with a Bank Loan or Line of Credit 43.18 (2025).
Share
Economy & Innovation
62nd
of 176 countries placed
Placed from 3 of 4 key statistics
- 28,895GDP per Capita (PPP), 2025GDP per capita (constant 2021 international $, PPP)
- 43.18Firms with a Bank Loan or Line of Credit, 2025Firms with a bank loan or line of credit (%)
- —Economic Complexity Index, 2024No reading for this country
- 75.41Account Ownership at a Financial Institution, 2024Adults with an account (% of population aged 15+)
01The evidence
The 4 key statistics that decide it
Only these place Montenegro on economy & innovation — one vote each. Every value is the publisher’s own, read at the edition the Country Index 2026 used — or, for a survey-based key, each country’s latest reading; the grey ticks are every other country it was compared with, lowest on the left.
28,895
GDP per capita (constant 2021 international $, PPP)
Higher is better
Montenegro: 28,895. Across the 185 countries in this edition, values run from 1,067 (Burundi) to 139,593 (Singapore); the world median is 17,265.
- World median
- 17,265
- Best in Southern Europe
- 67,993 Andorra
- Land neighbours
- Albania 22,724 · Bosnia and Herzegovina 21,178 · Croatia 44,172 · Serbia 27,603 · Kosovo 16,461
Key 2 of 4
Firms with a Bank Loan or Line of Credit
World Bank Group
Latest reading per country, 2016–2025 · Montenegro’s is from 2023 · CC BY 4.0
43.18
Firms with a bank loan or line of credit (%)
Higher is better
Montenegro: 43.18. Across the 179 countries at their latest reading, values run from 2.113 (Pakistan) to 88.52 (Israel); the world median is 35.95.
- World median
- 35.95
- Best in Southern Europe
- 73.44 Italy
- Land neighbours
- Albania 22.76 · Bosnia and Herzegovina 42.95 · Croatia 39.15 · Serbia 47.08 · Kosovo 69.65
Key 3 of 4
Economic Complexity Index
Growth Lab at Harvard University
2024 edition · data for 2024 · CC0 1.0
No reading
ECI score (standardised, roughly −3 to +3)
Higher is better
Growth Lab at Harvard University publishes no 2024 figure for Montenegro, so the standing rests on the other keys.
Across the 145 countries in this edition, values run from -3.53 (Chad) to 1.729 (Japan); the world median is 0.131.
- World median
- 0.131
- Best in Southern Europe
- 1.277 Slovenia
- Land neighbours
- Albania 0.032 · Bosnia and Herzegovina 0.662 · Croatia 0.823 · Serbia 0.763
Key 4 of 4
Account Ownership at a Financial Institution
World Bank Group
2024 edition · data for 2024 · CC BY 4.0
75.41
Adults with an account (% of population aged 15+)
Higher is better
Montenegro: 75.41. Across the 139 countries in this edition, values run from 14.83 (Niger) to 99.85 (Iceland); the world median is 72.83.
- World median
- 72.83
- Best in Southern Europe
- 98.75 Slovenia
- Land neighbours
- Albania 46.07 · Bosnia and Herzegovina 77.46 · Croatia 92.64 · Serbia 83.25 · Kosovo 64.16
02Over time
Which way Montenegro is moving
Each key’s published value, edition by edition, beside the world median. The Country Index 2026 is the first edition of the standing, so the standing itself has no history to chart yet.
GDP per Capita (PPP)
GDP per capita (constant 2021 international $, PPP) · higher is better
MontenegroWorld median
Montenegro rose from 14,452 in 2000 to 28,895 in 2025; the world median went from 10,589 to 17,265.
Every year’s figures
Year Montenegro World median 2025 28,895 17,265 2024 28,106 18,108 2023 27,243 17,686 2022 25,583 16,933 2021 23,690 16,260 2020 20,905 15,631 2019 24,585 16,761 2018 23,562 16,349 2017 22,514 16,129 2016 21,834 15,512 2015 21,132 14,857 2014 20,642 14,475 2013 20,201 14,681 2012 19,576 14,631 2011 20,110 13,916 2010 19,476 14,101 2009 18,985 13,655 2008 20,239 14,030 2007 18,966 13,755 2006 17,727 12,983 2005 16,349 12,023 2004 15,716 11,608 2003 15,077 11,183 2002 14,770 11,144 2001 14,552 10,907 2000 14,452 10,589 Account Ownership at a Financial Institution
Adults with an account (% of population aged 15+) · higher is better
MontenegroWorld median
Montenegro rose from 50.44 in 2011 to 75.41 in 2024; the world median went from 37.03 to 72.83.
Every year’s figures
Year Montenegro World median 2024 75 73 2021 — 74 2017 68 59 2014 60 52 2011 50 37
03In context
Montenegro beside its neighbours
A position reads best beside the countries around it. Every position below is a place among all 176 countries on economy & innovation, never a place within the region.
Montenegro and the countries it borders
Standing among all 176; the key columns are the publishers’ own values.
| Country | Standing | GDP per Capita (PPP)GDP per capita (constant 2021 international $, PPP) | Firms with a Bank Loan or Line of CreditFirms with a bank loan or line of credit (%) | Economic Complexity IndexECI score (standardised, roughly −3 to +3) | Account Ownership at a Financial InstitutionAdults with an account (% of population aged 15+) |
|---|---|---|---|---|---|
 Croatia | 35th | 44,172 | 39.15 | 0.823 | 92.64 |
 Serbia | 42nd | 27,603 | 47.08 | 0.763 | 83.25 |
 Kosovo | 60th | 16,461 | 69.65 | — | 64.16 |
 Bosnia and Herzegovina | 61st | 21,178 | 42.95 | 0.662 | 77.46 |
| Montenegro | 62nd | 28,895 | 43.18 | — | 75.41 |
 Albania | 109th | 22,724 | 22.76 | 0.032 | 46.07 |
“—”: no published reading in that edition. What a standing is
Across Southern Europe
Every country in the sub-region, by its place among all 176.
Placed either side on economy & innovation
The countries immediately above and below Montenegro in the topic’s list.
04Context, no vote
Where Montenegro is ahead of the world, and behind
56 more statistics filed under economy & innovation, published in full and deliberately given no vote in the standing. Select a row for the publisher, the rank and the links.
Ahead of the world median15
Statistics on which Montenegro does better than the middle country measured.
New Business DensityWorld Bank Group · 2024 · world median 2.18717.862.187▲ Improved since 2014
Montenegro: 17.86 · world median 2.187 · New limited liability companies registered per 1,000 people aged 15–64. World Bank Group, 2024 edition, data for 2024.
Published values in that edition run from 0.02 to 26.76; higher is better.
Management Practices IndexWorld Bank Group · 2026 · world median 52.3966.2552.39No earlier reading
Montenegro: 66.25 · world median 52.39 · Management practices index, medium and large firms (0–100). World Bank Group, 2026 edition, data for 2026.
Published values in that edition run from 28.07 to 69.29; higher is better.
Position 9th of 169 · derived.
Firms with an International Quality CertificationWorld Bank Group · 2026 · world median 10.420.3510.4No earlier reading
Montenegro: 20.35 · world median 10.4 · Firms with an internationally recognised quality certification (%). World Bank Group, 2026 edition, data for 2026.
Published values in that edition run from 0 to 45.77; higher is better.
GNI per Capita (PPP)World Bank Group · 2025 · world median 14,27330,62614,273▲ Improved since 2015
Montenegro: 30,626 · world median 14,273 · GNI per capita (constant 2021 international $, PPP). World Bank Group, 2025 edition, data for 2025.
Published values in that edition run from 1,181 to 116,633; higher is better.
Position 23rd of 102 · derived.
Business Ready: Regulatory FrameworkWorld Bank Group · 2024 · world median 66.872.5466.8No earlier reading
Montenegro: 72.54 · world median 66.8 · Regulatory framework score (0–100). World Bank Group, 2024 edition, data for 2024.
Published values in that edition run from 46.21 to 78.34; higher is better.
Position 12th of 50 · derived.
Business Ready: Operational EfficiencyWorld Bank Group · 2024 · world median 65.8271.0365.82No earlier reading
Montenegro: 71.03 · world median 65.82 · Operational efficiency score (0–100). World Bank Group, 2024 edition, data for 2024.
Published values in that edition run from 40.36 to 87.33; higher is better.
Position 13th of 50 · derived.
Historical GDP per Capita (Maddison)GGDC · 2022 · world median 12,89020,94212,890▲ Improved since 2012
Montenegro: 20,942 · world median 12,890 · GDP per capita (2011 international $). Maddison Project, Groningen Growth and Development Centre (GGDC), 2022 edition, data for 2022.
Published values in that edition run from 596.39 to 149,171; higher is better.
Position 57th of 166 · derived.
Productive Capacities IndexUNCTAD · 2022 · world median 46.6751.7546.67No real change since 2012
Montenegro: 51.75 · world median 46.67 · Productive Capacities Index (1–100). UN Trade and Development (UNCTAD), 2022 edition, data for 2022.
Published values in that edition run from 17.8 to 71.02; higher is better.
Position 68th of 195 · derived.
Actual Individual Consumption per Capita (PPP)World Bank Group · 2021 · world median 12,80019,66512,800▲ Improved since 2017
Montenegro: 19,665 · world median 12,800 · Actual individual consumption per capita (PPP, current international $). World Bank Group, 2021 edition, data for 2021.
Published values in that edition run from 688.7 to 52,654; higher is better.
Position 61st of 173 · derived.
Regulatory QualityWorld Bank Group · 2025 · world median -0.0930.209-0.093▼ Worsened since 2015
Montenegro: 0.209 · world median -0.093 · Regulatory Quality (−2.5 to 2.5). World Bank Group, 2025 edition, data for 2025.
Published values in that edition run from -2.106 to 2.113; higher is better.
Position 81st of 209 · derived.
Frontier Technology Readiness IndexUNCTAD · 2023 · world median 0.4850.5450.485No real change since 2013
Montenegro: 0.545 · world median 0.485 · Frontier Technology Readiness Index (0–1). UN Trade and Development (UNCTAD), 2023 edition, data for 2023.
Published values in that edition run from 0 to 1; higher is better.
Position 71st of 170 · derived.
Global Innovation IndexWorld Intellectual Property Organization · 2025 · world median 28.5229.7528.52No real change since 2022
Montenegro: 29.75 · world median 28.52 · GII score (0–100). World Intellectual Property Organization, 2025 edition, data for 2025.
Published values in that edition run from 11.94 to 65.96; higher is better.
Ranked 64th of 139 by World Intellectual Property Organization.
Researchers per Million InhabitantsUIS · 2024 · world median 701.95764.42701.95No earlier reading
Montenegro: 764.42 · world median 701.95 · Researchers per million inhabitants (full-time equivalent). UNESCO Institute for Statistics (UIS), 2024 edition, data for 2024.
Published values in that edition run from 1.446 to 18,130; higher is better.
Position 68th of 145 · derived.
Livestock Production IndexFAO · 2022 · world median 107.06107.95107.06▲ Improved since 2012
Montenegro: 107.95 · world median 107.06 · Livestock production index (2014–2016 = 100). Food and Agriculture Organization of the United Nations (FAO), 2022 edition, data for 2022.
Published values in that edition run from 35.52 to 190.08; higher is better.
Position 95th of 194 · derived.
ICT Services ExportsUNCTAD · 2024 · world median 7.4747.4747.474▲ Improved since 2014
Montenegro: 7.474 · world median 7.474 · ICT services exports (% of services exports). UN Trade and Development (UNCTAD), 2024 edition, data for 2024.
Published values in that edition run from 0 to 56.25; higher is better.
Position 59th of 118 · derived.
Behind the world median16
Statistics on which Montenegro does worse than the middle country measured.
Government AI Readiness IndexOxford Insights · 2025 · world median 40.1939.940.19▼ Worsened since 2020
Montenegro: 39.9 · world median 40.19 · AI readiness score (0–100). Oxford Insights, 2025 edition, data for 2025.
Published values in that edition run from 12.12 to 88.36; higher is better.
Ranked 100th of 195 by Oxford Insights.
World Energy Trilemma IndexWorld Energy Council · 2023 · world median 63.863.563.8No earlier reading
Montenegro: 63.5 · world median 63.8 · Trilemma score (0–100). World Energy Council, 2023 edition, data for 2023.
Published values in that edition run from 27.7 to 83.2; higher is better.
Ranked 50th of 99 by World Energy Council.
Logistics Performance IndexWorld Bank Group · 2023 · world median 2.92.82.9▼ Worsened since 2014
Montenegro: 2.8 · world median 2.9 · LPI score (1–5). World Bank Group, 2023 edition, data for 2023.
Published values in that edition run from 1.9 to 4.3; higher is better.
Ranked 73rd of 139 by World Bank Group.
Firms Competing Against Informal FirmsWorld Bank Group · 2026 · world median 41.8144.3341.81No earlier reading
Montenegro: 44.33 · world median 41.81 · Firms competing against unregistered or informal firms (%). World Bank Group, 2026 edition, data for 2026.
Published values in that edition run from 1.926 to 90.5; lower is better.
Position 82nd of 181 · derived, 1st = worst.
Business Ready: Public ServicesWorld Bank Group · 2024 · world median 50.1348.9250.13No earlier reading
Montenegro: 48.92 · world median 50.13 · Public services score (0–100). World Bank Group, 2024 edition, data for 2024.
Published values in that edition run from 18.35 to 73.31; higher is better.
Position 28th of 50 · derived.
ICT Goods ExportsUNCTAD · 2024 · world median 0.9750.710.975▼ Worsened since 2014
Montenegro: 0.71 · world median 0.975 · ICT goods exports (% of total goods exports). UN Trade and Development (UNCTAD), 2024 edition, data for 2024.
Published values in that edition run from 0 to 61.45; higher is better.
Position 68th of 119 · derived.
GDP GrowthWorld Bank Group · 2025 · world median 3.3962.7453.396▼ Worsened since 2015
Montenegro: 2.745 · world median 3.396 · GDP growth (annual %). World Bank Group, 2025 edition, data for 2025.
Published values in that edition run from -5.847 to 19.34; higher is better.
Position 114th of 186 · derived.
Digitally-Deliverable Services ExportsUNCTAD · 2024 · world median 25.4217.3525.42▲ Improved since 2014
Montenegro: 17.35 · world median 25.42 · Digitally-deliverable services exports (% of services exports). UN Trade and Development (UNCTAD), 2024 edition, data for 2024.
Published values in that edition run from 0.377 to 87.15; higher is better.
Position 106th of 170 · derived.
Comprehensive Wealth per CapitaWorld Bank Group · 2020 · world median 46,48627,47946,486▲ Improved since 2010
Montenegro: 27,479 · world median 46,486 · National comprehensive wealth per person (real chained 2019 US$). World Bank Group, 2020 edition, data for 2020.
Published values in that edition run from 4,276 to 1,246,092; higher is better.
Position 95th of 150 · derived.
Food Production IndexFAO · 2022 · world median 106.08100.56106.08▼ Worsened since 2012
Montenegro: 100.56 · world median 106.08 · Food production index (2014–2016 = 100). Food and Agriculture Organization of the United Nations (FAO), 2022 edition, data for 2022.
Published values in that edition run from 71.08 to 177.49; higher is better.
Position 135th of 195 · derived.
Liner Shipping Connectivity IndexUNCTAD · 2026 · world median 56.212156.21▲ Improved since 2016
Montenegro: 21 · world median 56.21 · LSCI (index, average Q1 2023 = 100). UN Trade and Development (UNCTAD), 2026 edition, data for 2026.
Published values in that edition run from 4.13 to 1,319; higher is better.
Ranked 140th of 175 by UNCTAD.
Debt Service on External DebtWorld Bank Group · 2024 · world median 12.9329.812.93▲ Improved since 2014
Montenegro: 29.8 · world median 12.93 · Total debt service (% of exports of goods, services and primary income). World Bank Group, 2024 edition, data for 2024.
Published values in that edition run from 0.285 to 96.2; lower is better.
Position 15th of 109 · derived, 1st = worst.
Crop Production IndexFAO · 2022 · world median 106.2389.55106.23▼ Worsened since 2012
Montenegro: 89.55 · world median 106.23 · Crop production index (2014–2016 = 100). Food and Agriculture Organization of the United Nations (FAO), 2022 edition, data for 2022.
Published values in that edition run from 53.79 to 189.93; higher is better.
Position 171st of 195 · derived.
Interest Payments on External DebtWorld Bank Group · 2024 · world median 1.4514.8241.451▲ Improved since 2014
Montenegro: 4.824 · world median 1.451 · Interest payments on external debt (% of GNI). World Bank Group, 2024 edition, data for 2024.
Published values in that edition run from 0.069 to 17.92; lower is better.
Position 8th of 112 · derived, 1st = worst.
External Debt Stocks (% of GNI)World Bank Group · 2024 · world median 43.94108.6443.94▲ Improved since 2014
Montenegro: 108.64 · world median 43.94 · External debt stocks (% of GNI). World Bank Group, 2024 edition, data for 2024.
Published values in that edition run from 2.213 to 350.57; lower is better.
Position 7th of 110 · derived, 1st = worst.
Water-Use EfficiencyFAO · 2023 · world median 16.11.7616.1▼ Worsened since 2013
Montenegro: 1.76 · world median 16.1 · Value added per cubic metre of freshwater withdrawn (constant US$ per m³). Food and Agriculture Organization of the United Nations (FAO), 2023 edition, data for 2023.
Published values in that edition run from 0.38 to 1,378; higher is better.
No better end25
These describe the shape of a country — more is not better or worse, only different — so they are never ahead or behind.
Services ExportsUNCTAD · 2025 · world median 9.60232.749.602Moved since 2015
Montenegro: 32.74 · world median 9.602 · Services exports (% of GDP). UN Trade and Development (UNCTAD), 2025 edition, data for 2025.
Published values in that edition run from 0.085 to 166.21.
Foreign Direct Investment InflowsUNCTAD · 2025 · world median 1.9687.2821.968Moved since 2015
Montenegro: 7.282 · world median 1.968 · FDI inflows (% of GDP). UN Trade and Development (UNCTAD), 2025 edition, data for 2025.
Published values in that edition run from -32.97 to 2,221.
Household ConsumptionWorld Bank Group · 2025 · world median 62.0481.3162.04No real change since 2015
Montenegro: 81.31 · world median 62.04 · Household and NPISH final consumption expenditure (% of GDP). World Bank Group, 2025 edition, data for 2025.
Published values in that edition run from 25.21 to 133.34.
Position 20th of 131 · derived, counted from the highest value.
Imports of Goods and Services (% of GDP)World Bank Group · 2025 · world median 41.7265.7141.72Moved since 2015
Montenegro: 65.71 · world median 41.72 · Imports of goods and services (% of GDP). World Bank Group, 2025 edition, data for 2025.
Published values in that edition run from 1.279 to 196.89.
Position 30th of 138 · derived, counted from the highest value.
Statutory Minimum WageILO · 2024 · world median 657.951,288657.95No real change since 2014
Montenegro: 1,288 · world median 657.95 · Statutory minimum wage per month (2021 PPP $). International Labour Organization (ILO), 2024 edition, data for 2024.
Published values in that edition run from 4.038 to 3,804.
Gross Capital Formation (% of GDP)World Bank Group · 2025 · world median 22.9326.9322.93Moved since 2015
Montenegro: 26.93 · world median 22.93 · Gross capital formation (% of GDP). World Bank Group, 2025 edition, data for 2025.
Published values in that edition run from -3.679 to 45.27.
Position 35th of 131 · derived, counted from the highest value.
Trade (% of GDP)World Bank Group · 2025 · world median 79.68105.7779.68No real change since 2015
Montenegro: 105.77 · world median 79.68 · Exports plus imports (% of GDP). World Bank Group, 2025 edition, data for 2025.
Published values in that edition run from 2.382 to 396.65.
Position 39th of 138 · derived, counted from the highest value.
Terms of Trade IndexUNCTAD · 2025 · world median 103.23112.68103.23Moved since 2015
Montenegro: 112.68 · world median 103.23 · Terms of trade index (2015 = 100). UN Trade and Development (UNCTAD), 2025 edition, data for 2025.
Published values in that edition run from 38.2 to 1,448.
Inflation, GDP DeflatorWorld Bank Group · 2025 · world median 3.3064.0283.306Moved since 2015
Montenegro: 4.028 · world median 3.306 · Annual change in the GDP implicit deflator (%). World Bank Group, 2025 edition, data for 2025.
Published values in that edition run from -7.93 to 227.09.
Creative Goods ExportsUNCTAD · 2024 · world median 1.2351.6221.235Moved since 2014
Montenegro: 1.622 · world median 1.235 · Creative goods exports (% of merchandise exports). UN Trade and Development (UNCTAD), 2024 edition, data for 2024.
Published values in that edition run from 0 to 37.23.
General Government ConsumptionWorld Bank Group · 2025 · world median 16.2117.4116.21Moved since 2015
Montenegro: 17.41 · world median 16.21 · General government final consumption expenditure (% of GDP). World Bank Group, 2025 edition, data for 2025.
Published values in that edition run from 5.445 to 38.94.
Position 59th of 132 · derived, counted from the highest value.
Exports of Goods and Services (% of GDP)World Bank Group · 2025 · world median 36.3440.0636.34Moved since 2015
Montenegro: 40.06 · world median 36.34 · Exports of goods and services (% of GDP). World Bank Group, 2025 edition, data for 2025.
Published values in that edition run from 1.103 to 199.76.
Position 62nd of 138 · derived, counted from the highest value.
Commodity Export DependenceUNCTAD · 2024 · world median 67.1771.8167.17Moved since 2014
Montenegro: 71.81 · world median 67.17 · Commodity exports (% of merchandise exports, three-year average). UN Trade and Development (UNCTAD), 2024 edition, data for 2024.
Published values in that edition run from 4.605 to 99.77.
Price Level of Household ConsumptionGGDC · 2023 · world median 0.5230.5290.523Moved since 2013
Montenegro: 0.529 · world median 0.523 · Price level of household consumption (US output price level in 2021 = 1). Groningen Growth and Development Centre (GGDC), 2023 edition, data for 2023.
Published values in that edition run from 0.177 to 65.54.
Tariff Rate, Applied, Weighted Mean, All ProductsWorld Bank Group · 2022 · world median 3.662.93.66Moved since 2012
Montenegro: 2.9 · world median 3.66 · Applied tariff rate, trade-weighted mean (%). World Bank Group, 2022 edition, data for 2022.
Published values in that edition run from 0 to 29.52.
Creative Services ExportsUNCTAD · 2024 · world median 6.1714.486.171Moved since 2014
Montenegro: 4.48 · world median 6.171 · Creative services exports (% of services exports). UN Trade and Development (UNCTAD), 2024 edition, data for 2024.
Published values in that edition run from 0.002 to 63.91.
Merchant Fleet by Country of OwnershipUNCTAD · 2026 · world median 275.7382.67275.73Moved since 2016
Montenegro: 82.67 · world median 275.73 · Merchant fleet owned (thousand dead-weight tons). UN Trade and Development (UNCTAD), 2026 edition, data for 2026.
Published values in that edition run from 0 to 397,071.
Total Natural Resources Rents (% of GDP)World Bank Group · 2021 · world median 1.7080.6371.708No real change since 2011
Montenegro: 0.637 · world median 1.708 · Natural resources rents (% of GDP). World Bank Group, 2021 edition, data for 2021.
Published values in that edition run from 0 to 61.03.
Position 121st of 180 · derived, counted from the highest value.
Scholarly ArticlesOurResearch · 2025 · world median 2,2407682,240No real change since 2022
Montenegro: 768 · world median 2,240 · Articles with at least one author at an institution in the country (full counting). OpenAlex (OurResearch), 2025 edition, data for 2025.
Published values in that edition run from 1 to 1,094,890.
Agriculture, Forestry and Fishing Value Added (% of GDP)World Bank Group · 2025 · world median 6.5723.3676.572Moved since 2015
Montenegro: 3.367 · world median 6.572 · Agriculture, forestry and fishing value added (% of GDP). World Bank Group, 2025 edition, data for 2025.
Published values in that edition run from 0.025 to 47.59.
Position 105th of 158 · derived, counted from the highest value.
Export Concentration IndexUNCTAD · 2025 · world median 0.3060.1980.306Moved since 2015
Montenegro: 0.198 · world median 0.306 · Export concentration index (0–1, normalised Herfindahl–Hirschman). UN Trade and Development (UNCTAD), 2025 edition, data for 2025.
Published values in that edition run from 0.059 to 0.933.
Statutory Corporate Income Tax RateOECD · 2026 · world median 241524Moved since 2016
Montenegro: 15 · world median 24 · Combined statutory corporate income tax rate, central and sub-central government (%). OECD, 2026 edition, data for 2026.
Published values in that edition run from 0 to 36.13.
Industry Value Added including Construction (% of GDP)World Bank Group · 2025 · world median 24.6511.2524.65Moved since 2015
Montenegro: 11.25 · world median 24.65 · Industry, including construction, value added (% of GDP). World Bank Group, 2025 edition, data for 2025.
Published values in that edition run from 2.228 to 75.09.
Position 148th of 158 · derived, counted from the highest value.
Gross Savings (% of GDP)World Bank Group · 2024 · world median 22.068.78622.06No real change since 2014
Montenegro: 8.786 · world median 22.06 · Gross savings (% of GDP). World Bank Group, 2024 edition, data for 2024.
Published values in that edition run from -21.13 to 47.82.
Position 138th of 146 · derived, counted from the highest value.
Container Port TrafficUNCTAD · 2024 · world median 1,827,78817,2631,827,788Moved since 2014
Montenegro: 17,263 · world median 1,827,788 · Container port traffic (TEU, twenty-foot equivalent units). UN Trade and Development (UNCTAD), 2024 edition, data for 2024.
Published values in that edition run from 17,263 to 299,703,800.
Position 103rd of 103 · derived, counted from the highest value.
No current reading for Montenegro
Adjusted Net Savings, Average Monthly Earnings of Employees (last 2022), Complexity Outlook Index, Economic Complexity Index, Foreign Value Added Share of Gross Exports, Gini Index (last 2021), Gini Index of Disposable Income (SWIID) (last 2021), Income Share Held by Lowest 20% (last 2021), Income Share Held by Richest 10% (last 2021), Informal Output (DGE Model Estimate), Manufacturing Value Added (% of GDP) (last 2024), Palma Ratio (last 2021), Research and Development Spending (last 2019), Tax Revenue (% of GDP) and Total Factor Productivity Level. Listed rather than hidden, so the page can be checked against it.
“Position · derived” is this site’s ordering of the published values, 1st = best unless the row says otherwise; the publisher ranks no country on it. Rank, position and standing
05Country Index 2026
Economy & Innovation among Montenegro’s 16 topics
Economy & Innovation is Montenegro’s 7th best-placed topic of 16. Strongest first, each marker at its share of that topic’s field.
- Health & Wellbeing37th of 2004/4 keys
- Education & Knowledge45th of 1983/4 keys
- Risk & Resilience45th of 1934/4 keys
- Development & Human Capital47th of 1963/3 keys
- Governance & Institutionsjoint 63rd of 1944/4 keys
- Gender & Equalityjoint 62nd of 1834/4 keys
- Economy & Innovation62nd of 1763/4 keys
- Poverty & Inequality65th of 1593/3 keys
- Energy69th of 1653/3 keys
- Democracy & Civil Liberties85th of 1984/4 keys
- Peace & Security90th of 1774/4 keys
- Food & Agriculturejoint 95th of 1844/4 keys
- Mobility & Tradejoint 101st of 1774/4 keys
- Digital & Technology128th of 1984/4 keys
- Work & Labour124th of 1824/4 keys
- Environment & Sustainability141st of 1863/4 keys
06The top of the list
Who leads on economy & innovation
The three countries placed highest of 176, and the leaders Montenegro can most readily be measured against.
1
AustriaWestern Europe
1st of 176 · 4 of 4 keys
Photo: chensiyuan · CC BY-SA 4.0, greyscale
2
JapanEastern Asia
2nd of 176 · 4 of 4 keys
Photo: JurriaanH · CC BY-SA 3.0, greyscale
3
GermanyWestern Europe
3rd of 176 · 4 of 4 keys
Placed highest nearby
Highest in Europe
Austria1st4/4 keysHighest in Southern Europe
Slovenia11th4/4 keysThis page
Montenegro62nd3/4 keys
Positions out of 176 placed on the topic. A country needs readings on enough keys to be placed, and the top of the list is often held on fewer of them.
07Analysis
Charts and analysis about Montenegro and economy & innovation
On economy & innovation
China Leads Global High-Technology Exports
The world’s ten largest high-technology exporters as a treemap, with the rest of the world beside them. Each country’s figure is its own most recent year, between 2022 and 2024.
On economy & innovation
India vs Pakistan 2025: Comparison of Hunger Index, Happiness, HDI, Rule of Law, Literacy & GDP
India and Pakistan on six published measures: hunger, happiness, human development, rule of law, literacy and GDP per capita, each from its own publisher and year.
On economy & innovation
Countries in Asia with the highest average salaries 2024
Thirteen Asian countries by gross average monthly wage, each carrying its WORLD rank rather than an Asian one — so the numbers skip, from 11th place to 45th.
08Questions
Montenegro on economy & innovation: questions answered
Every answer is built from the numbers on this page, so none can say something the page does not.
How does Montenegro rank on economy & innovation?
Montenegro is placed 62nd of 176 countries on Economy & Innovation in the Country Index 2026, from 3 of its 4 key statistics (GDP per Capita (PPP), Firms with a Bank Loan or Line of Credit and Account Ownership at a Financial Institution). The position is this site’s ordering of published statistics, not a rank any publisher printed.
What is the latest GDP per Capita (PPP) figure for Montenegro?
28,895 in 2025 (gDP per capita (constant 2021 international $, PPP)), according to World Bank Group. The world median in the same edition was 17,265.
What is the latest Firms with a Bank Loan or Line of Credit figure for Montenegro?
43.18 in 2025 (firms with a bank loan or line of credit (%)), according to World Bank Group. The world median in the same edition was 35.95.
How does Montenegro compare with Serbia on economy & innovation?
Serbia is placed 42nd of 176, and Montenegro 62nd. GDP per Capita (PPP): Serbia 27,603, Montenegro 28,895; Firms with a Bank Loan or Line of Credit: Serbia 47.08, Montenegro 43.18; Account Ownership at a Financial Institution: Serbia 83.25, Montenegro 75.41.
How have Montenegro’s economy & innovation figures changed?
GDP per Capita (PPP) rose from 14,452 in 2000 to 28,895 in 2025; Account Ownership at a Financial Institution rose from 50.44 in 2011 to 75.41 in 2024.
Which economy & innovation statistics are missing for Montenegro?
No current reading is published for Montenegro on Adjusted Net Savings, Average Monthly Earnings of Employees, Complexity Outlook Index, Economic Complexity Index, Foreign Value Added Share of Gross Exports, Gini Index, Gini Index of Disposable Income (SWIID), Income Share Held by Lowest 20%, Income Share Held by Richest 10%, Informal Output (DGE Model Estimate), Manufacturing Value Added (% of GDP), Palma Ratio, Research and Development Spending, Tax Revenue (% of GDP) and Total Factor Productivity Level. They are listed rather than hidden, so the evidence on the page can be checked against it.
09Method
Method, sources and how to cite
What this topic does not measure
The total size of an economy is deliberately left out: a very large economy spread over a very large population is not doing more for each person. Growth rates, trade shares and the structure of output (how much is farming, industry or services) are published here as context, because they describe an economy's shape rather than how well it serves people. Jobs and wages have their own topic, Work & Labour.
How the Economy & Innovation standing is decided
A standing is this site’s ordering, named with its edition — never a publisher’s rank. 4 key statistics vote, one vote each; every country’s published value becomes a place within that key’s own field, the places are averaged, and the average is never published. A country needs 2 of the 4 keys to be placed.
The economy & innovation method, step by stepHow every standing on this site is built
The key statistics and their licences
- GDP per Capita (PPP) — World Bank Group, CC BY 4.0
- Firms with a Bank Loan or Line of Credit — World Bank Group, CC BY 4.0
- Economic Complexity Index — Growth Lab at Harvard University, CC0 1.0
- Account Ownership at a Financial Institution — World Bank Group, CC BY 4.0
The other 56 statistics on this page come from 12 publishers, each named beside its numbers, with every edition and licence on the datasets pages.
The standing itself is part of the Country Index 2026, published under CC BY-SA 4.0.
Photographs
Montenegro’s banner and the countries placed highest, from their profiles: Wikimedia Commons, shown in greyscale, each used under the licence named.
- Montenegro (banner) — Dirk.heldmaier Derivative work by Globe-trotter, CC BY-SA 3.0
- Austria — chensiyuan, CC BY-SA 4.0
- Japan — JurriaanH, CC BY-SA 3.0
- Germany — dronepicr, CC BY 2.0
Cite this page
Nations Inquiry (2026). Montenegro: Economy & Innovation — standing and statistics, Country Index 2026. https://nationsinquiry.com/countries/montenegro/economy