Montenegro Inflation Rate 2006-2023
Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
- Montenegro inflation rate for 2022 was 13.04%, a 10.63% increase from 2021.
- Montenegro inflation rate for 2021 was 2.41%, a 2.67% increase from 2020.
- Montenegro inflation rate for 2020 was -0.26%, a 0.62% decline from 2019.
- Montenegro inflation rate for 2019 was 0.36%, a 2.25% decline from 2018.
| Similar Country Ranking | |
|---|---|
| Country Name | Inflation Rate (%) |
| Turkey | 72.31% |
| Suriname | 52.45% |
| Bulgaria | 15.33% |
| Belarus | 15.21% |
| North Macedonia | 14.20% |
| Bosnia | 14.02% |
| Azerbaijan | 13.85% |
| Romania | 13.80% |
| Montenegro | 13.04% |
| Serbia | 11.98% |
| Botswana | 11.67% |
| Tonga | 10.97% |
| Samoa | 10.96% |
| Mauritius | 10.77% |
| Jamaica | 10.35% |
| Colombia | 10.18% |
| Paraguay | 9.77% |
| Brazil | 9.28% |
| Algeria | 9.27% |
| Dominican Republic | 8.81% |
| Armenia | 8.64% |
| Peru | 8.33% |
| Costa Rica | 8.27% |
| Mexico | 7.90% |
| South Africa | 7.04% |
| Guatemala | 6.89% |
| Albania | 6.73% |
| St. Lucia | 6.38% |
| Namibia | 6.08% |
| Thailand | 6.08% |
| St. Vincent and the Grenadines | 5.66% |
| Iraq | 4.99% |
| Equatorial Guinea | 4.79% |
| Fiji | 4.52% |
| Gabon | 4.23% |
| Jordan | 4.23% |
| Ecuador | 3.47% |
| Malaysia | 3.38% |
| Maldives | 2.33% |
| China | 1.97% |
| Montenegro Inflation Rate - Historical Data | ||
|---|---|---|
| Year | Inflation Rate (%) | Annual Change |
| 2022 | 13.04% | 10.63% |
| 2021 | 2.41% | 2.67% |
| 2020 | -0.26% | -0.62% |
| 2019 | 0.36% | -2.25% |
| 2018 | 2.61% | 0.23% |
| 2017 | 2.38% | 2.65% |
| 2016 | -0.27% | -1.82% |
| 2015 | 1.55% | 2.26% |
| 2014 | -0.71% | -2.92% |
| 2013 | 2.21% | -1.94% |
| 2012 | 4.15% | 0.70% |
| 2011 | 3.45% | 2.80% |
| 2010 | 0.65% | -2.81% |
| 2009 | 3.47% | -5.29% |
| 2008 | 8.76% | 4.41% |
| 2007 | 4.35% | 1.42% |
| 2006 | 2.92% | 1.42% |
