Inflation, GDP deflator in Montenegro

Montenegro: Inflation, GDP deflator was 4.0% in 2025. ◆ Volatile

Latest (2025)
4.0%
Change on year
down 16.5%
World rank
85th
of 213 countries
All-time high
32.9%
in 2000
All-time low
-1.8%
in 1998
Years of data
28
1998–2025

Inflation, GDP deflator in Montenegro, 1998–2025

01020301998201120251998: -1.8 annual %1999: 12.2 annual %2000: 32.9 annual %2001: 20.2 annual %2002: 3.1 annual %2003: 8.3 annual %2004: 5.9 annual %2005: 4.3 annual %2006: 9.9 annual %2007: 15.8 annual %2008: 7.9 annual %2009: 2.3 annual %2010: 1.8 annual %2011: 0.342 annual %2012: 0.374 annual %2013: 1.6 annual %2014: 1.1 annual %2015: 2.3 annual %2016: 5.3 annual %2017: 4.7 annual %2018: 3.3 annual %2019: 2 annual %2020: -0.461 annual %2021: 5.1 annual %2022: 12.1 annual %2023: 11.7 annual %2024: 4.8 annual %2025: 4 annual %

Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual %.

Analysis

Montenegro recorded 4.0% for inflation, gdp deflator in 2025.

That represents a change of down 16.5% on the previous year and up 76.2% over ten years.

Over the whole period, inflation, gdp deflator in Montenegro peaked at 32.9% in 2000 and was at its lowest, -1.8%, in 1998.

Montenegro ranks 85th of 213 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s 5.2% -1.8% 12.2% 2
2000s 11.1% 2.3% 32.9% 10
2010s 2.3% 0.3% 5.3% 10
2020s 6.2% -0.5% 12.1% 6

Countries ranked near Montenegro

  1. 82 Pakistan 4.3% compare
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  3. 84 Aruba 4.1% compare
  4. 86 Nauru 4.0% compare
  5. 87 Portugal 3.9% compare
  6. 88 Mauritius 3.9% compare

See the full ranking of 260 places →

More economy & growth data for Montenegro

All data for Montenegro →

Frequently asked questions

What is inflation, gdp deflator in Montenegro?
Inflation, gdp deflator in Montenegro was 4.0% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest inflation, gdp deflator recorded in Montenegro?
The highest recorded value was 32.9% in 2000.
What is the lowest inflation, gdp deflator recorded in Montenegro?
The lowest recorded value was -1.8% in 1998.
How does Montenegro rank for inflation, gdp deflator?
Montenegro ranks 85th out of 213 countries with data for 2025.
Is inflation, gdp deflator rising or falling in Montenegro?
Over the last ten years it is up 76.2%. The long-run trend across the full record is volatile.
Where does this Montenegro data come from?
The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Inflation, GDP deflator (annual %). Statizoid updates them automatically from the source API.

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About this data

Indicator
Inflation, GDP deflator (annual %)
Unit
annual %
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
260 places, 14,212 data points, 1961–2025
Last refreshed

Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.