Montenegro: Savings, percent of GDP

* indicates monthly or quarterly data series
 Montenegro

Savings as percent of GDP

 Latest value 17.35
 Year 2022
 Measure percent
 Data availability 2007 - 2022
 Average 7.42
 Min - Max -8.29 - 17.69
 Source The World Bank
For that indicator, we provide data for Montenegro from 2007 to 2022. The average value for Montenegro during that period was 7.42 percent with a minimum of -8.29 percent in 2008 and a maximum of 17.69 percent in 2019. The latest value from 2022 is 17.35 percent. For comparison, the world average in 2022 based on 122 countries is 24.68 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent values chart
Montenegro - Savings, percent of GDP - recent values

Historical chart
Montenegro - Savings, percent of GDP - historical chart - 2007-2022




The savings in Montenegro and other countries is calculated as the difference between income and consumption, expressed as percent of GDP.
Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers.


 Related indicators Latest value Reference Measure
 Share of industry 13.04 2022 percent
 Share of manufacturing 3.85 2021 percent
 Share of services 60.70 2022 percent
 Industry value added 0.81 2022 billion U.S. dollars
 Manufacturing value added 0.24 2022 billion U.S. dollars
 Services value added 3.83 2022 billion U.S. dollars
 Savings, percent of GDP 17.35 2022 percent
 Savings, in dollars 1.08 2022 billion U.S. dollars
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