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 2020 was 86.28%, a 22.23% decline from 2019.
  • Montenegro trade to gdp ratio for 2019 was 108.51%, a 1.1% decline from 2018.
  • Montenegro trade to gdp ratio for 2018 was 109.61%, a 4.05% increase from 2017.
  • Montenegro trade to gdp ratio for 2017 was 105.56%, a 1.88% increase from 2016.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Trade (% of GDP)
North Macedonia 129.06%
Belarus 120.68%
Malaysia 116.50%
Libya 114.06%
Bulgaria 110.57%
Belize 110.33%
Dominica 110.19%
Serbia 104.88%
Suriname 101.60%
Thailand 97.93%
Jamaica 89.97%
Equatorial Guinea 89.78%
Montenegro 86.28%
Bosnia 83.25%
Samoa 82.81%
Romania 78.98%
Mauritius 78.72%
Mexico 77.98%
Grenada 77.44%
Botswana 76.03%
Namibia 74.51%
Fiji 72.48%
Azerbaijan 72.16%
Lebanon 71.72%
Gabon 70.60%
Armenia 70.06%
Jordan 65.37%
Paraguay 65.27%
Albania 61.33%
Turkey 60.89%
Costa Rica 59.54%
South Africa 56.00%
Russia 46.08%
Algeria 45.23%
Dominican Republic 44.29%
Peru 43.44%
Ecuador 43.29%
Guatemala 41.84%
Iran 36.15%
China 34.51%
Colombia 33.65%
Brazil 32.35%
Montenegro Trade to GDP Ratio - Historical Data
Year Trade (% of GDP) Annual Change
2020 86.28% -22.23%
2019 108.51% -1.10%
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%