Income share held by highest 20% in Montenegro
Montenegro: Income share held by highest 20% was 40.4% in 2021. ▲ Rising
Income share held by highest 20% in Montenegro, 2005–2021
Source: World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ.
Analysis
In 2021, income share held by highest 20% in Montenegro stood at 40.4%.
That represents a change of down 2.4% on the previous year and up 2.8% over ten years.
Over the whole period, income share held by highest 20% in Montenegro peaked at 45.3% in 2012 and was at its lowest, 37.2%, in 2010.
Montenegro ranks 75th of 121 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 17 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 39.1% | 38.5% | 39.6% | 5 |
| 2010s | 42.4% | 37.2% | 45.3% | 10 |
| 2020s | 40.9% | 40.4% | 41.4% | 2 |
Countries ranked near Montenegro
- 72 Greece 40.8% compare
- 73 Luxembourg 40.7% compare
- 74 Cyprus 40.6% compare
- 76 South Korea 40.3% compare
- 77 Spain 40.2% compare
- 78 Bangladesh 40.1% compare
More poverty & inequality data for Montenegro
- Poverty headcount ratio at $8.30 a day (2021 PPP) 14.5% (2021)
- Poverty headcount ratio at $4.20 a day (2021 PPP) 4.0% (2021)
- Poverty headcount ratio at $3.00 a day (2021 PPP) 2.5% (2021)
- Poverty gap at $3.00 a day (2021 PPP) 1.2% (2021)
- Prosperity gap 2.8 average shortfall from a prosperity standard of $28/day (2021)
- Poverty gap at $8.30 a day (2021 PPP) 5.1% (2021)
- Poverty headcount ratio at societal poverty line 20.9% (2021)
- Poverty gap at $4.20 a day (2021 PPP) 1.7% (2021)
- Population living in slums 8.8% (2022)
- Income share held by second 20% 12.1% (2021)
Frequently asked questions
- What is income share held by highest 20% in Montenegro?
- Income share held by highest 20% in Montenegro was 40.4% in 2021, according to World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ.
- What is the highest income share held by highest 20% recorded in Montenegro?
- The highest recorded value was 45.3% in 2012.
- What is the lowest income share held by highest 20% recorded in Montenegro?
- The lowest recorded value was 37.2% in 2010.
- How does Montenegro rank for income share held by highest 20%?
- Montenegro ranks 75th out of 121 countries with data for 2021.
- Is income share held by highest 20% rising or falling in Montenegro?
- Over the last ten years it is up 2.8%. The long-run trend across the full record is rising.
- Where does this Montenegro data come from?
- The figures come from World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ, published as part of Income share held by highest 20%. Statizoid updates them automatically from the source API.
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About this data
Percentage share of income or consumption is the share that accrues to subgroups of population indicated by deciles or quintiles. Percentage shares by quintile may not sum to 100 because of rounding.