Macro Index Overview / Europe & Central Asia / MNE

Montenegro · Year 2023 All longitudinal metrics, 4-pillar scores, and peer matrices reflect this country & year

Country:

Year:

Sovereign Economic Dossier ISO: MNE ME

Montenegro

Montenegro declared independence from Serbia and Montenegro on June 3, 2006. Where available, data for each country are shown separately. However, for Serbia, some indicators continue to include data for Montenegro through 2005.

Europe & Central Asia Upper middle income Blocs: Other Podgorica

Global Rank (2023)

#143 / 205

Top 70% of global economies

Composite Score (2023)

48.3 / 100

Living Standard (2023)

$8,278

Subscore: 58.2 / 100

CPI Inflation (2023)

8.58%

Stability Score: 72.08 / 100

4-Pillar Structural Health Diagnostic (2023)

Harmonized subscores evaluating Output, Productivity, Inflation Stability, and External Buffer

Benchmark Weights: 35 / 25 / 25 / 15

Living Standards (35%) 58.2

Raw: $8,278 (2015 USD)

Price Stability (25%) 72.08

Raw: 8.58% (Anchor: 3.0%)

External Solvency (25%) 12.86

Raw: -11.14% of GDP

Economic Scale (15%) 44.52

Raw: $7.6B Current USD

Optimal Component Weights & Peak Rank Frontier (2023)

Productivity & Living Standards Driven

What we are doing here: We simulate an automated mathematical simplex across all 286 valid permutations of weights for the 4 pillars (summing to 100%) against every competing sovereign country in 2023. This discovers which weighting system maximizes Montenegro's global competitive ranking by accentuating its comparative strengths.

Peak Rank #91 / 205

Default Rank #143

+52 Ranks

Living Standards 85%

Baseline: 35%

Price Stability 15%

Baseline: 25%

External Solvency 0%

Baseline: 25%

Economic Scale 0%

Baseline: 15%

Policy Insight & Strategic Advantage: Montenegro dominates on per capita productivity and high output density per citizen.

Under this bespoke weighting, Montenegro's composite score climbs to 60.3 (compared to 48.3 under standard multilateral weighting).

Longitudinal Trajectory & Peer Comparison Sandbox (1960–2025)

Tracking Montenegro's multi-decade trajectory overlaid with peer benchmark economies in Year 2023

Active Comparisons:

Montenegro (MNE)

India (IND)

China (CHN)

United States (USA)

Germany (DEU)

Observation Year 2023 • Global Rank: #143 / 205 • Composite Score: 48.3 / 100 • Living Standard: $8,278 • Inflation: 8.58%

Year 2023

Hover or click any node along the curve to inspect that historical year in real time

Primary: Montenegro Peers (Dashed)

Cross-Sectional Benchmark Standing in Year 2023

5 economies compared · Ordered by Global Rank

Country	Rank (2023)	Composite Score	GDP per Capita	CPI Inflation	Current Account (% GDP)	Nominal GDP ($)
Germany (DEU)	#16	81.1	$44,369	5.95%	5.50%	$4562.2B
United States (USA)	#17	80.0	$65,667	4.12%	-3.34%	$27811.5B
China (CHN)	#37	72.3	$12,484	0.23%	1.41%	$18270.4B
India (IND)	#93	59.5	$2,230	5.65%	-0.91%	$3500.9B
Montenegro (MNE) Active	#143	48.3	$8,278	8.58%	-11.14%	$7.6B

Decade-by-Decade Historical Milestones (1970–2023)

Visualizing seminal macroeconomic shifts, shocks, and structural transitions for Montenegro

Metric:

Selected Era: 2023 · Click any node to select