Montenegro Trade to GDP Ratio 2000-2022

Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.
  • Montenegro trade to gdp ratio for 2021 was 105.75%, a 18.75% increase from 2020.
  • Montenegro trade to gdp ratio for 2020 was 87.01%, a 21.84% decline from 2019.
  • Montenegro trade to gdp ratio for 2019 was 108.84%, a 0.76% decline from 2018.
  • Montenegro trade to gdp ratio for 2018 was 109.61%, a 4.05% increase from 2017.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Trade (% of GDP)
North Macedonia 147.81%
Nauru 146.95%
Belarus 138.74%
Malaysia 130.73%
Bulgaria 124.99%
Thailand 116.68%
Serbia 116.65%
Montenegro 105.75%
Belize 105.31%
Equatorial Guinea 102.07%
Bosnia 101.28%
Romania 87.36%
Mauritius 86.09%
Mexico 82.36%
Jordan 82.21%
Namibia 81.27%
Armenia 78.01%
Azerbaijan 76.57%
Fiji 75.05%
Jamaica 74.53%
Albania 74.52%
Gabon 73.67%
Paraguay 71.72%
Turkey 71.21%
Costa Rica 70.61%
Samoa 64.95%
South Africa 56.07%
Peru 55.50%
Dominican Republic 52.73%
Russia 52.13%
Ecuador 51.39%
Algeria 50.25%
Guatemala 49.46%
Colombia 40.58%
Brazil 39.18%
China 37.43%
Montenegro Trade to GDP Ratio - Historical Data
Year Trade (% of GDP) Annual Change
2021 105.75% 18.75%
2020 87.01% -21.84%
2019 108.84% -0.76%
2018 109.61% 4.05%
2017 105.56% 1.88%
2016 103.67% 0.98%
2015 102.69% 2.56%
2014 100.13% -2.64%
2013 102.77% -9.00%
2012 111.77% 5.11%
2011 106.66% 6.88%
2010 99.78% 0.36%
2009 99.43% -32.92%
2008 132.34% 3.59%
2007 128.75% 10.75%
2006 117.99% 13.37%
2005 104.63% 4.52%
2004 100.11% 22.51%
2003 77.60% -17.63%
2002 95.23% -5.18%
2001 100.41% 12.48%
2000 87.93% 12.48%