Montenegro Trade to GDP Ratio 2000-2024

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 2022 was 128.65%, a 23.62% increase from 2021.
  • Montenegro trade to gdp ratio for 2021 was 105.03%, a 18.02% 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.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Trade (% of GDP)
Nauru 171.15%
North Macedonia 170.82%
Malaysia 140.75%
Serbia 137.64%
Bulgaria 136.28%
Thailand 133.91%
Montenegro 128.65%
Belarus 121.58%
Mauritius 119.27%
Fiji 107.85%
Bosnia 107.14%
Equatorial Guinea 102.32%
Belize 102.14%
Armenia 98.43%
Namibia 94.01%
Romania 91.98%
Mexico 89.48%
Azerbaijan 87.08%
Botswana 85.48%
Albania 85.31%
Turkey 80.50%
Costa Rica 80.02%
Gabon 77.99%
Paraguay 73.85%
Jamaica 73.18%
Samoa 65.02%
South Africa 64.91%
Peru 58.41%
Ecuador 57.69%
Dominican Republic 56.32%
Guatemala 54.67%
Algeria 54.12%
Colombia 48.63%
Russia 43.77%
Brazil 39.34%
China 38.14%
Iran 37.67%
Montenegro Trade to GDP Ratio - Historical Data
Year Trade (% of GDP) Annual Change
2022 128.65% 23.62%
2021 105.03% 18.02%
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%