Montenegro flag

Montenegro

Capital

Podgorica

Region

Europe

Population

623,327

Area (km²)

13,812

💡Quick Summary

Montenegro, a small Balkan nation in southeastern Europe, boasts a population of about 623,327 across its 13,812 km² territory, with Podgorica as its capital. Known for its stunning Adriatic coastline, rugged mountains, and medieval towns, it gained independence in 2006 and relies heavily on tourism and services for its economy (GDP data unavailable). This NATO member and EU candidate offers a blend of natural beauty and cultural heritage, making it a hidden gem for adventurers.

Key Insights

One of Europe's Most Forested Nations

Over 61% of Montenegro's land area is covered by forests, positioning it as one of the most heavily forested countries in Europe. This high percentage highlights the nation's rich natural capital and significant potential for eco-tourism and sustainable resource management.

Impressive Infant Mortality Rate Rivals Developed Nations

Montenegro reports an extremely low infant mortality rate of 2.1 per 1,000 live births, which is highly competitive and often lower than many high-income EU countries. This suggests a relatively strong public health system focusing on maternal and neonatal care, despite the moderate GDP per capita.

High Urbanization Despite Small Population Size

A significant majority (65.47%) of Montenegro's small population resides in urban areas, indicating a highly centralized distribution pattern, likely centered around the capital, Podgorica, and coastal cities. This concentration can strain urban infrastructure while leaving rural areas sparsely populated.

Inflationary Pressure Outpaces Regional Averages

The inflation rate of 8.59% indicates significant price increases, likely eroding the purchasing power of citizens. This high rate, combined with the country's developing economy status and reliance on imports, presents a substantial challenge to economic stability and household budgets.

Economic Indicators
Latest economic data from World Bank

GDP (Current US$)

$7.64B

Year: 2023

GDP Per Capita

$12,259.88

GDP Growth (%)

6.48%

Inflation (%)

8.59%

Unemployment (%)

14.62%

Debt to GDP (%)

N/A%

Source: World Bank • Last updated: 12/24/2025

Historical Trends & Data Visualizations

GDP Growth Rate
Annual percentage change in GDP over time
2014201520162017201820192020202120222023-16.00%-8.00%0.00%8.00%16.00%
  • GDP Growth (%)
Population Growth
Total population over time
20142015201620172018201920202021202220230200,000400,000600,000800,000
  • Population
Life Expectancy
Average life expectancy at birth (years)
20142015201620172018201920202021202220230.0years20.0years40.0years60.0years80.0years
  • Life Expectancy (years)
Renewable Energy Consumption
Percentage of total energy from renewable sources
201420152016201720182019202020210.0%15.0%30.0%45.0%60.0%
  • Renewable Energy (%)
GDP Per Capita
Economic output per person (current US$)
2014201520162017201820192020202120222023$0$3,500$7,000$10,500$14,000
  • GDP Per Capita ($)

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