GDP growth (annual) · Montenegro

Montenegro GDP Growth Rate YoY

The Montenegro GDP Growth Rate YoY measures how much the economy of Montenegro grew compared with the same period a year earlier.

Importance
Medium
Released
Quarterly
Next release

Latest figures

The latest release for Q2, published on 31 August 2026, came in at 3.8%, up from 2.6% the time before.

Over the last 7 releases it ranged from 1.5% to 3.8%, averaging 2.8%; it has been rising for three releases in a row.

Mar 2025: 2.9%Jun 2025: 2.5%Sep 2025: 3.5%Dec 2025: 3.1%Mar 2026: 1.5%May 2026: 2.6%Aug 2026: 3.8% Mar 2025Aug 2026
Actual results; the short line on a bar marks the consensus.
ReleasedForActualConsensusPrevious
31 Aug 2026Q23.8%–2.6%
29 May 2026Q12.6%–1.5%
10 Mar 2026Q41.5%–3.1%
5 Dec 2025Q33.1%–3.5%
17 Sep 2025Q23.5%–2.8% ®
6 Jun 2025Q12.5%–2.9%
7 Mar 2025Q42.9%–2.6%

See it in the economic calendar →

Why it matters

The yearly rate is less noisy than the quarterly change and is the figure most people mean by "economic growth". It shapes the earnings outlook for local companies, tax revenue, and the central bank's view of how much spare capacity the economy has.

How it is calculated

the national statistics office compares real GDP (after inflation) with the same quarter or year before; full-year figures sum the four quarters.

Growth (yoy) = real GDP ÷ real GDP a year ago − 1

What changes mean

  • Growth above the country's trend (about 1–2% for advanced economies, more for emerging ones) tends to raise inflation pressure.
  • Annual growth turns only slowly; the quarterly figure shows turning points earlier.

Higher than expected: A stronger figure than expected points to a healthier economy: it usually supports the the local currency and local stocks, and can push bond yields up.

Lower than expected: A weaker figure than expected points to slowing activity: the the local currency tends to soften and markets price in lower rates.

A short history

Annual national accounts spread after the Second World War under the UN System of National Accounts (first edition 1953).

Questions

What is the Montenegro GDP Growth Rate YoY?

The Montenegro GDP Growth Rate YoY measures how much the economy of Montenegro grew compared with the same period a year earlier.

What was the latest Montenegro GDP Growth Rate YoY?

3.8% for Q2, published on 31 August 2026.

When is the next Montenegro GDP Growth Rate YoY?

On Monday 30 November 2026 at 10:00 UTC.

Educational content only, not investment advice. Figures are the published results as recorded by our calendar; market reactions described are typical, not guaranteed.