GDP Constant Prices in Montenegro increased to 1602.92 EUR Million in the third quarter of 2019 from 1129.60 EUR Million in the second quarter of 2019. GDP Constant Prices in Montenegro averaged 934.35 EUR Million from 2011 until 2019, reaching an all time high of 1602.92 EUR Million in the third quarter of 2019 and a record low of 602.20 EUR Million in the first quarter of 2012.

GDP Constant Prices in Montenegro is expected to be 876.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Constant Prices in Montenegro to stand at 1649.00 in 12 months time. In the long-term, the Montenegro GDP Constant Prices is projected to trend around 1746.00 EUR Million in 2020, according to our econometric models.

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Montenegro GDP Constant Prices

Actual Previous Highest Lowest Dates Unit Frequency
1602.92 1129.60 1602.92 602.20 2011 - 2019 EUR Million Quarterly
Constant Prices, NSA

Montenegro GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate 4.70 3.20 10.70 -5.70 percent [+]
GDP 5.45 4.84 5.45 0.98 USD Billion [+]
GDP Constant Prices 1602.92 1129.60 1602.92 602.20 EUR Million [+]
GDP per capita 8226.60 7845.40 8226.60 4793.05 USD [+]
GDP per capita PPP 17278.06 16477.39 17278.06 10066.69 USD [+]
Gross Fixed Capital Formation 377654.00 275794.00 380426.00 125180.00 EUR Thousand [+]