Aperture

Country profile

Montenegro

MNE · Europe & Central Asia · Upper middle income

53MERI readiness
28Global rank
8.3BGDP (2024)
623.5KPopulation (2024)

Key macro indicators

IndicatorYearValueSource
GDP (current USD)
NY.GDP.MKTP.CD · current USD		20248,270,016,670.9WDI
GDP growth (annual %)
NY.GDP.MKTP.KD.ZG · percent		20243.2WDI
Inflation, consumer prices (annual %)
FP.CPI.TOTL.ZG · percent		20243.3WDI
Real GDP growth
NGDP_RPCH · percent		20283.2IMF_WEO
Population, total
SP.POP.TOTL · people		2024623,525WDI

GDP time series

2013 · 2014 · 2015 · 2016 · 2017 · 2018 · 2019 · 2020 · 2021 · 2022 · 2023 · 2024

MERI breakdown

  • Percentile 74.8
  • Coverage 100%
  • Imputed 1
  • Missing 0
PillarScore
Biz Entry
Components		79.7
Contract Enf
Components		68.8
Corruption
Components		46
Digital Infra
Components		46.1
FDIRRI
Components		1.6
Fin Access
Components		25.4
Human Cap
Components		85.7
IP Protect
Components		55.1
Labor
Components		58.9
LPI
Components		52.4
Security Rol
Components		55.1
Trade Open
Components		67.4
Data Confidence Score93
Market Infrastructure
Pillars		47.8
Regulatory Institutional
Pillars		50.8
Talent Operating
Pillars		61.4

Governance signals

Control of Corruption

CC.EST · 2024 · WGI

-0.1
Corruption Perceptions Index

TI.CPI.SCORE · 2025 · TI_CPI

46
Government Effectiveness

GE.EST · 2024 · WGI

0.4
Political Stability

PV.EST · 2024 · WGI

0.3
Regulatory Quality

RQ.EST · 2024 · WGI

0.1
Rule of Law

RL.EST · 2024 · WGI

0.2
Voice and Accountability

VA.EST · 2024 · WGI

0.4

Source attribution

Sources represented in this country profile.

8 sources

IMF_WEO

International Monetary Fund · 6 indicators

IMF Terms of Use

SourceLicense

IMF_FAS

International Monetary Fund · 2 indicators

IMF Terms of Use

SourceLicense

SOVEREIGN_RATINGS

Manual bridge · 2 indicators

Manual Source Terms

TI_CPI

Transparency International · 2 indicators

Transparency International Terms

SourceLicense

Full indicator table

Latest value per indicator with source and license hints.

94 rows
IndicatorCategoryYearValueSourceLicense
Domestic credit to private sector
FS.AST.PRVT.GD.ZS		finance202445.3WDICC BY 4.0
General government net lending/borrowing
GGXCNL_NGDP		fiscal2028-3.8IMF_WEOIMF Terms of Use
Control of Corruption
CC.EST		governance2024-0.1WGICC BY 4.0
Corruption Perceptions Index
TI.CPI.SCORE		governance202546TI_CPITransparency International Terms
Government Effectiveness
GE.EST		governance20240.4WGICC BY 4.0
Political Stability
PV.EST		governance20240.3WGICC BY 4.0
Regulatory Quality
RQ.EST		governance20240.1WGICC BY 4.0
Rule of Law
RL.EST		governance20240.2WGICC BY 4.0
Voice and Accountability
VA.EST		governance20240.4WGICC BY 4.0
Access to electricity (%)
EG.ELC.ACCS.ZS		infra2023100WDICC BY 4.0
Fixed broadband subscriptions
IT.NET.BBND.P2		infra202432.3WDICC BY 4.0
Liner shipping connectivity index
IS.SHP.GCNW.XQ		infra20214.4WDICC BY 4.0
Logistics Performance Index
LP.LPI.OVRL.XQ		infra20222.8WDICC BY 4.0
Mobile cellular subscriptions
IT.CEL.SETS.P2		infra2024221.7WDICC BY 4.0
B2B postal delivery time, IQR
LPI2.B2B_IQR		logistics20241.8LPI2Modified BSD3
B2B postal delivery time, mean
LPI2.B2B_MEAN		logistics20242.1LPI2Modified BSD3
B2B postal delivery time, median
LPI2.B2B_MEDIAN		logistics20241.1LPI2Modified BSD3
B2C postal delivery time, IQR
LPI2.B2C_IQR		logistics20243.8LPI2Modified BSD3
B2C postal delivery time, mean
LPI2.B2C_MEAN		logistics20244LPI2Modified BSD3
B2C postal delivery time, median
LPI2.B2C_MEDIAN		logistics20242.5LPI2Modified BSD3
Container export dwell time, IQR
LPI2.EXP_DWELL_IQR_DAYS		logistics20247.1LPI2Modified BSD3
Container export dwell time, mean
LPI2.EXP_DWELL_MEAN_DAYS		logistics202410.9LPI2Modified BSD3
Container export dwell time, median
LPI2.EXP_DWELL_MED_DAYS		logistics202410.5LPI2Modified BSD3
Container import dwell time, IQR
LPI2.IMP_DWELL_IQR_DAYS		logistics20243.3LPI2Modified BSD3
Container import dwell time, mean
LPI2.IMP_DWELL_MEAN_DAYS		logistics20244.9LPI2Modified BSD3
Container import dwell time, median
LPI2.IMP_DWELL_MED_DAYS		logistics20243.4LPI2Modified BSD3
Export supply chain initiation, mean
LPI2.SC_START_MEAN_DAYS		logistics20243.6LPI2Modified BSD3
Export supply chain initiation, median
LPI2.SC_START_MED_DAYS		logistics20243LPI2Modified BSD3
Import supply chain termination, mean
LPI2.SC_END_MEAN_DAYS		logistics20242.8LPI2Modified BSD3
Import supply chain termination, median
LPI2.SC_END_MED_DAYS		logistics20241.9LPI2Modified BSD3
Lead time to import, mean
LPI2.LEAD_TIME_MEAN_DAYS		logistics202451.5LPI2Modified BSD3
Lead time to import, median
LPI2.LEAD_TIME_MED_DAYS		logistics202442.9LPI2Modified BSD3
Maritime connectivity - number of partner countries
LPI2.MAR_CONN		logistics20247LPI2Modified BSD3
Number of alliances, mean
LPI2.ALLIANCE		logistics20240LPI2Modified BSD3
Number of services, mean
LPI2.MAR_SERV		logistics20243LPI2Modified BSD3
Number of transshipments, mean
LPI2.NUM_TRS_MEAN		logistics20241.4LPI2Modified BSD3
Postal connectivity B2B - number of partner countries
LPI2.B2B_CONN		logistics202439LPI2Modified BSD3
Postal connectivity B2C - number of partner countries
LPI2.B2C_CONN		logistics202430.5LPI2Modified BSD3
Time spent in transshipment, mean
LPI2.TRS_TIME_MEAN_DAYS		logistics202412LPI2Modified BSD3
Turnaround time at ports, IQR
LPI2.TRN_IQR_DAYS		logistics20240.4LPI2Modified BSD3
Turnaround time at ports, mean
LPI2.TRN_MEAN_DAYS		logistics20240.6LPI2Modified BSD3
Turnaround time at ports, median
LPI2.TRN_MED_DAYS		logistics20240.5LPI2Modified BSD3
Turnaround time at ports, TEU weighted mean
LPI2.TRN_TEUW_MEAN_DAYS		logistics20240.6LPI2Modified BSD3
Turnaround time at ports, TEU weighted median
LPI2.TRN_TEUW_MED_DAYS		logistics20240.6LPI2Modified BSD3
Current account balance
BCA_NGDPD		macro2028-17.6IMF_WEOIMF Terms of Use
Current account balance (% of GDP)
BN.CAB.XOKA.GD.ZS		macro2024-17WDICC BY 4.0
GDP (current USD)
NY.GDP.MKTP.CD		macro20248,270,016,670.9WDICC BY 4.0
GDP growth (annual %)
NY.GDP.MKTP.KD.ZG		macro20243.2WDICC BY 4.0
GDP per capita (current USD)
NY.GDP.PCAP.CD		macro202413,263.3WDICC BY 4.0
Inflation, consumer prices (annual %)
FP.CPI.TOTL.ZG		macro20243.3WDICC BY 4.0
Inflation rate
PCPIPCH		macro20282.3IMF_WEOIMF Terms of Use
Military expenditure (% of GDP)
MS.MIL.XPND.GD.ZS		macro20241.8WDICC BY 4.0
Official exchange rate
PA.NUS.FCRF		macro20240.9WDICC BY 4.0
Real GDP growth
NGDP_RPCH		macro20283.2IMF_WEOIMF Terms of Use
Total reserves (months of imports)
FI.RES.TOTL.MO		macro20243.5WDICC BY 4.0
Unemployment (% of labor force)
SL.UEM.TOTL.ZS		macro202513.6WDICC BY 4.0
Demographic and Urbanization Momentum
DEMOGRAPHICS		meri_opportunity202451WDICC BY 4.0
GDP Growth Trajectory
GDP_GROWTH		meri_opportunity20289.3IMF_WEOIMF Terms of Use
Import Demand
IMPORT_DEMAND		meri_opportunity202457.3WDICC BY 4.0
ATMs per 100,000 adults
FAS.ATMS_PER_100K		meri_readiness202488.7IMF_FASIMF Terms of Use
Basic Digital Infrastructure
DIGITAL_INFRA		meri_readiness202446.1WDICC BY 4.0
B-READY Business Entry score
B_READY.BUSINESS_ENTRY		meri_readiness202583.5B_READYWorld Bank Terms
B-READY Dispute Resolution score
B_READY.DISPUTE_RESOLUTION		meri_readiness202554.7B_READYWorld Bank Terms
B-READY International Trade score
B_READY.TRADE		meri_readiness202561.4B_READYWorld Bank Terms
B-READY Labor score
B_READY.LABOR		meri_readiness202563.5B_READYWorld Bank Terms
Commercial bank branches per 100,000 adults
FAS.BRANCHES_PER_100K		meri_readiness202436.4IMF_FASIMF Terms of Use
Contract Enforcement Reliability
CONTRACT_ENF		meri_readiness202554.7B_READYWorld Bank Terms
Corruption Risk
CORRUPTION		meri_readiness202546TI_CPITransparency International Terms
Financial System Accessibility
FIN_ACCESS		meri_readiness202425.4WDICC BY 4.0
Foreign Ownership Restrictions
FDIRRI		meri_readiness202498.4OECDOECD Terms and Conditions
General Business Entry Friction
BIZ_ENTRY		meri_readiness202583.5B_READYWorld Bank Terms
HDI Education sub-index
HDI.EDUCATION_INDEX		meri_readiness20230.9UNDP_HDIUNDP Terms
Hiring and Workforce Availability
LABOR		meri_readiness202558.9WDICC BY 4.0
Human Capital Quality
HUMAN_CAP		meri_readiness202585.7UNDP_HDIUNDP Terms
Intellectual Property Protection
IP_PROTECT		meri_readiness202455.1WGICC BY 4.0
Logistics Performance
LPI		meri_readiness202552.4LPI2Modified BSD3
Personal Security and Rule of Law
SECURITY_ROL		meri_readiness202455.1WGICC BY 4.0
Trade Openness
TRADE_OPEN		meri_readiness202561.4B_READYWorld Bank Terms
Inflation Stability
INFL_STAB		meri_risk202897.6IMF_WEOIMF Terms of Use
Sovereign credit rating score
RATING.SOV_CREDIT_SCORE		meri_risk202636.7SOVEREIGN_RATINGSManual Source Terms
Sovereign Credit Risk
SOV_CREDIT		meri_risk202636.7SOVEREIGN_RATINGSManual Source Terms
Adult literacy rate
SE.ADT.LITR.ZS		social201898.5WDICC BY 4.0
Age dependency ratio
SP.POP.DPND		social202456.1WDICC BY 4.0
Labor force participation rate
SL.TLF.CACT.ZS		social202558WDICC BY 4.0
Life expectancy at birth
SP.DYN.LE00.IN		social202477.9WDICC BY 4.0
Population growth (annual %)
SP.POP.GROW		social2024-0WDICC BY 4.0
Population, total
SP.POP.TOTL		social2024623,525WDICC BY 4.0
Urban population (% of total)
SP.URB.TOTL.IN.ZS		social202465.5WDICC BY 4.0
FDI net inflows (% of GDP)
BX.KLT.DINV.WD.GD.ZS		trade20247.2WDICC BY 4.0
High-technology exports (% of manufactured)
TX.VAL.TECH.MF.ZS		trade202414.5WDICC BY 4.0
Merchandise exports (current USD)
TX.VAL.MRCH.CD.WT		trade2024664,000,000WDICC BY 4.0
Merchandise imports (current USD)
TM.VAL.MRCH.CD.WT		trade20244,400,000,000WDICC BY 4.0
Tariff rate, applied, simple mean
TM.TAX.MRCH.SM.AR.ZS		trade20221.9WDICC BY 4.0
Trade (% of GDP)
NE.TRD.GNFS.ZS		trade2024109.9WDICC BY 4.0