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 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.
- Montenegro inflation rate for 2018 was 2.61%, a 0.23% increase from 2017.
| Similar Country Ranking | |
|---|---|
| Country Name | Inflation Rate (%) |
| Lebanon | 154.76% |
| Suriname | 59.11% |
| Iran | 43.39% |
| Turkey | 19.60% |
| Belarus | 9.46% |
| Brazil | 8.30% |
| Dominican Republic | 8.24% |
| Botswana | 7.24% |
| Algeria | 7.23% |
| Armenia | 7.18% |
| Russia | 6.69% |
| Azerbaijan | 6.65% |
| Iraq | 6.04% |
| Jamaica | 5.86% |
| Mexico | 5.69% |
| Tonga | 5.64% |
| Romania | 5.05% |
| Guyana | 5.03% |
| Paraguay | 4.79% |
| South Africa | 4.61% |
| Peru | 4.27% |
| Guatemala | 4.26% |
| Serbia | 4.09% |
| Mauritius | 4.03% |
| Namibia | 3.62% |
| Colombia | 3.50% |
| Bulgaria | 3.30% |
| Belize | 3.24% |
| North Macedonia | 3.23% |
| Samoa | 3.13% |
| Malaysia | 2.48% |
| Montenegro | 2.41% |
| St. Lucia | 2.41% |
| Albania | 2.04% |
| Bosnia | 1.98% |
| Costa Rica | 1.73% |
| St. Vincent and the Grenadines | 1.57% |
| Jordan | 1.35% |
| Thailand | 1.23% |
| Grenada | 1.22% |
| China | 0.98% |
| Maldives | 0.54% |
| Fiji | 0.16% |
| Ecuador | 0.13% |
| Montenegro Inflation Rate - Historical Data | ||
|---|---|---|
| Year | Inflation Rate (%) | Annual Change |
| 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% |
