Montenegro: Exports of goods and services (% of GDP)
In , Montenegro's Exports of goods and services (% of GDP) was 43.75.
That's down 11.1% from 2023, the highest value since .
The global average for this indicator in 2024 was 44.26 . Montenegro ranks #58 globally out of 160 reporting countries. Within Europe & Central Asia, it ranks #29 of 49.
Source: World Bank Open Data (NE.EXP.GNFS.ZS) • Data as of 2024
Trend (2005–2024)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
- 2022 · Russia–Ukraine war begins
Highlights
- Peak
- 51.34
- Trough
- 26.25
- 1-year change
- -11.1%
- 5-year change
- -1.3%
- -0.3% / yr
- 10-year change
- +8.6%
- +0.8% / yr
Historical Data — Last 10 Years
| Year | Exports of goods and services (% of GDP) |
|---|---|
| 43.7471 | |
| 49.2290 | |
| 51.3449 | |
| 43.1194 | |
| 26.2522 | |
| 44.3238 | |
| 43.4586 | |
| 41.5011 | |
| 40.7820 | |
| 42.7284 |
About Exports of goods and services (% of GDP)
Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Indicator code: NE.EXP.GNFS.ZS • Category: Economy
Frequently asked questions
- What was Montenegro's Exports of goods and services (% of GDP) in 2024?
- In 2024, Montenegro's Exports of goods and services (% of GDP) was 43.75, according to World Bank Open Data.
- Is Montenegro's Exports of goods and services (% of GDP) rising or falling?
- Montenegro's Exports of goods and services (% of GDP) fell 11.1% from 2023 to 2024.
- How does Montenegro rank globally on Exports of goods and services (% of GDP)?
- In 2024, Montenegro ranked #58 out of 160 countries reporting Exports of goods and services (% of GDP).
- How does Montenegro's Exports of goods and services (% of GDP) compare to the world average?
- The global average for Exports of goods and services (% of GDP) in 2024 was 44.26, so Montenegro is below the world average. Within Europe & Central Asia, it ranks #29 of 49.
- What is Exports of goods and services (% of GDP) and how is it measured?
- Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Source: World Bank Open Data (NE.EXP.GNFS.ZS), CC BY 4.0.