Inflation, GDP deflator: linked series (annual %) in Montenegro
Montenegro: Inflation, GDP deflator: linked series (annual %) was 4.0% in 2025. ◆ Volatile
Inflation, GDP deflator: linked series in Montenegro, 1998–2025
Source: Staff estimates, World Bank (WB). Measured in annual %.
Analysis
In 2025, inflation, gdp deflator: linked series in Montenegro stood at 4.0%.
Compared with earlier readings it is down 16.5% on the previous year and up 76.2% over ten years.
Over the whole period, inflation, gdp deflator: linked series in Montenegro peaked at 32.9% in 2000 and was at its lowest, -1.8%, in 1998.
Montenegro ranks 85th of 214 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.
Inflation, GDP deflator: linked series (annual %) in Montenegro, year by year
| Year | annual % | Change |
|---|---|---|
| 1998 | -1.8% | — |
| 1999 | 12.2% | -766.0% |
| 2000 | 32.9% | +170.5% |
| 2001 | 20.2% | -38.6% |
| 2002 | 3.1% | -84.8% |
| 2003 | 8.3% | +170.6% |
| 2004 | 5.9% | -29.3% |
| 2005 | 4.3% | -26.4% |
| 2006 | 9.9% | +129.3% |
| 2007 | 15.8% | +58.8% |
| 2008 | 7.9% | -49.8% |
| 2009 | 2.3% | -70.7% |
| 2010 | 1.8% | -21.4% |
| 2011 | 0.3% | -81.2% |
| 2012 | 0.4% | +9.3% |
| 2013 | 1.6% | +332.4% |
| 2014 | 1.1% | -29.8% |
| 2015 | 2.3% | +101.3% |
| 2016 | 5.3% | +130.8% |
| 2017 | 4.7% | -11.7% |
| 2018 | 3.3% | -29.1% |
| 2019 | 2.0% | -39.9% |
| 2020 | -0.5% | -123.2% |
| 2021 | 5.1% | -1201.4% |
| 2022 | 12.1% | +137.9% |
| 2023 | 11.7% | -3.2% |
| 2024 | 4.8% | -58.7% |
| 2025 | 4.0% | -16.5% |
Montenegro compared with similar countries
- Montenegro's 4.0% is above the median for upper middle income countries, which is 3.3%, 1.2× the median. (59 countries reporting)
- Montenegro's 4.0% is above the median for Europe & Central Asia, which is 3.5%, 1.2× the median. (56 countries reporting)
Biggest year-on-year movements
Years where Inflation, GDP deflator: linked series (annual %) in Montenegro changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | +1201.4% | -0.5% | 5.1% |
| 1999 | +766.0% | -1.8% | 12.2% |
Averages by decade
| Decade | Average | Lowest | Highest | 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
More financial sector data for Montenegro
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0022 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 32.64 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0016 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 23.83 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0022 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 32.64 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is inflation, gdp deflator: linked series in Montenegro?
- Inflation, gdp deflator: linked series in Montenegro was 4.0% in 2025, according to Staff estimates, World Bank (WB).
- What is the highest inflation, gdp deflator: linked series recorded in Montenegro?
- The highest recorded value was 32.9% in 2000.
- What is the lowest inflation, gdp deflator: linked series recorded in Montenegro?
- The lowest recorded value was -1.8% in 1998.
- How does Montenegro rank for inflation, gdp deflator: linked series?
- Montenegro ranks 85th out of 214 countries with data for 2025.
- Is inflation, gdp deflator: linked series 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 Staff estimates, World Bank (WB), published as part of Inflation, GDP deflator: linked series (annual %). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 28 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
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. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.