Montenegro Inflation Rate 2006-2021

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 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.
  • Montenegro inflation rate for 2017 was 2.38%, a 2.65% increase from 2016.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Lebanon 84.86%
Turkey 12.28%
Kazakhstan 6.75%
Belarus 5.55%
Jamaica 5.23%
Equatorial Guinea 4.77%
Dominican Republic 3.78%
Mexico 3.40%
Russia 3.38%
South Africa 3.22%
Guatemala 3.21%
Brazil 3.21%
Azerbaijan 2.76%
Romania 2.63%
Mauritius 2.58%
Colombia 2.52%
China 2.42%
Algeria 2.42%
Namibia 2.21%
Botswana 1.89%
Peru 1.83%
Paraguay 1.77%
Bulgaria 1.67%
Albania 1.62%
Serbia 1.58%
Gabon 1.37%
Armenia 1.21%
North Macedonia 1.20%
Costa Rica 0.72%
Jordan 0.33%
Montenegro -0.26%
Ecuador -0.34%
Thailand -0.85%
Bosnia -1.05%
Malaysia -1.14%
Maldives -1.37%
Samoa -1.57%
Montenegro Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
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%