Montenegro Inflation Rate 2006-2020

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 2018 was 2.61%, a 0.23% increase from 2017.
  • Montenegro inflation rate for 2017 was 2.38%, a 2.65% increase from 2016.
  • Montenegro inflation rate for 2016 was -0.27%, a 1.82% decline from 2015.
  • Montenegro inflation rate for 2015 was 1.55%, a 2.26% increase from 2014.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Iran 18.01%
Turkey 16.33%
Lebanon 6.08%
Kazakhstan 6.02%
Mexico 4.90%
Belarus 4.87%
Gabon 4.75%
Romania 4.63%
South Africa 4.50%
Jordan 4.46%
Namibia 4.29%
Algeria 4.27%
Samoa 4.20%
Fiji 4.08%
Paraguay 3.98%
Guatemala 3.75%
Jamaica 3.74%
Brazil 3.66%
Dominican Republic 3.56%
Colombia 3.24%
Botswana 3.24%
Mauritius 3.22%
Russia 2.88%
Bulgaria 2.81%
Montenegro 2.61%
Armenia 2.52%
St. Vincent and the Grenadines 2.32%
Azerbaijan 2.26%
Costa Rica 2.22%
China 2.07%
Albania 2.03%
Serbia 1.96%
St. Lucia 1.94%
North Macedonia 1.46%
Bosnia 1.42%
Equatorial Guinea 1.35%
Peru 1.32%
Guyana 1.28%
Thailand 1.06%
Dominica 0.99%
Malaysia 0.88%
Grenada 0.80%
Iraq 0.37%
Maldives -0.13%
Ecuador -0.22%
Montenegro Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
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%