Montenegro Inflation Rate 2006-2024
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 2023 was 8.58%, a 4.46% decline from 2022.
- 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.
| Similar Country Ranking | |
|---|---|
| Country Name | Inflation Rate (%) |
| Lebanon | 221.34% |
| Turkey | 53.86% |
| Iran | 44.58% |
| Kazakhstan | 14.73% |
| Serbia | 12.37% |
| Colombia | 11.74% |
| Romania | 10.40% |
| Bulgaria | 9.44% |
| North Macedonia | 9.36% |
| Algeria | 9.32% |
| Azerbaijan | 8.79% |
| Montenegro | 8.58% |
| Samoa | 8.12% |
| Mauritius | 7.05% |
| Jamaica | 6.47% |
| Peru | 6.46% |
| Tonga | 6.35% |
| Guatemala | 6.21% |
| South Africa | 6.07% |
| Namibia | 5.88% |
| Mexico | 5.53% |
| Botswana | 5.07% |
| Belarus | 5.00% |
| Dominican Republic | 4.79% |
| Paraguay | 4.63% |
| Brazil | 4.59% |
| St. Vincent and the Grenadines | 4.56% |
| Belize | 4.39% |
| St. Lucia | 4.07% |
| Gabon | 3.63% |
| Dominica | 3.48% |
| Maldives | 2.93% |
| Guyana | 2.82% |
| Grenada | 2.70% |
| Malaysia | 2.49% |
| Libya | 2.37% |
| Ecuador | 2.22% |
| Jordan | 2.08% |
| Armenia | 1.98% |
| Thailand | 1.23% |
| Costa Rica | 0.53% |
| China | 0.23% |
| Montenegro Inflation Rate - Historical Data | ||
|---|---|---|
| Year | Inflation Rate (%) | Annual Change |
| 2023 | 8.58% | -4.46% |
| 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% |