Montenegro

Economic Growth

-15.31
the rate of change of real GDP
Dec 98Dec 00Dec 02Dec 04Dec 06Dec 08Dec 10Dec 12Dec 14Dec 16Dec 18Dec 20-16.000-8.0000.0008.00016.00
  • Montenegro
  • Global Median
Source: IMF

Global Ranking

175
Grenada-13.71
176
Belize-14.01
177
Bahamas-14.51
178
Cape Verde-14.78
179
Mauritius-14.89
180
Montenegro-15.31
181
Iraq-15.67
182
Fiji-15.71
183
Suriname-15.91
184
Dominica-16.6
185
Panama-17.94

Europe Ranking

41
Greece-9.02
43
Spain-10.82
44
Monaco-11.75
45
Andorra-11.95
46
Montenegro-15.31

News

Definition of Economic Growth

Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.

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