Montenegro's primary income payments (BoP, current US$) was US$530.27 million in 2025, the latest year in the World Bank's World Development Indicators. That is up 185.71% from US$185.6 million in 2015 (11.07% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$530.27 million | 2025 |
| Five years earlier | US$246.9 million | 2020 |
| Ten years earlier | US$185.6 million | 2015 |
| Highest | US$541.43 million | 2024 |
| Lowest | US$102.19 million | 2007 |
| Average since 2016 | US$329.51 million | 2016–2025 |
| First recorded | US$102.19 million |
What the numbers say
In 2025, Montenegro's primary income payments (BoP, current US$) fell 2.1% on 2024 (from US$541.43 million to US$530.27 million).
Across the 17 yearly changes before that (2008 to 2024), the average change was +13.3% and a typical year strayed about 27.4% from that (the standard deviation). This year's change was 0.6 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 76% in 2008 and the biggest yearly fall was 22.9% in 2015. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2016 to 2025 the straight-line trend is upward, about US$32.16 million a year. A straight line explains 69% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2025, Montenegro had the 111th highest value of the 136 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| Montenegro | US$530.27 million | 2025 |
| World | US$7.99 trillion | 2024 |
| Europe & Central Asia | US$3.97 trillion | 2025 |
| Upper middle income | US$1.03 trillion | 2025 |
Closest to Montenegro in the 2025 ranking
- Maldives — 107th of 136: US$817.15 million
- Eswatini — 108th of 136: US$567.93 million
- Botswana — 109th of 136: US$549.97 million
- Madagascar — 111th of 136: US$520.76 million
- Brunei Darussalam — 112th of 136: US$513.4 million
- Kosovo — 113th of 136: US$417.77 million
What this measures
Primary income payments refer to employee compensation paid to nonresident workers and investment income (payments on direct investment, portfolio investment, other investments).This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
Regional and income-group figures are computed by the World Bank as a sum.
All 19 values
| Year | Primary income payments (BoP, current US$) |
|---|---|
| 2025 | 530,272,572 |
| 2024 | 541,426,391 |
| 2023 | 379,397,216 |
| 2022 | 269,219,021 |
| 2021 | 295,811,150 |
| 2020 | 246,901,214 |
| 2019 | 280,745,852 |
| 2018 | 294,238,434 |
| 2017 | 208,944,116 |
| 2016 | 248,193,122 |
| 2015 |
Primary income payments (BoP, current US$) in nearby economies
- Albania — US$1.25 billion (2025)
- Armenia — US$1.82 billion (2025)
- Austria — US$49.77 billion (2025)
- Azerbaijan — US$4.89 billion (2025)
- Belarus — US$3.87 billion (2025)
- Belgium — US$105.04 billion (2025)
- Bosnia and Herzegovina — US$1.67 billion (2025)
- Bulgaria — US$11.11 billion (2025)
- Croatia — US$8.17 billion (2025)
- Cyprus — US$28.55 billion (2025)
More economic policy & debt data for Montenegro
- Adjusted savings, mineral depletion (current US$) — US$651,532 (2021)
- Medium and high-tech manufacturing value added (% manufacturing value added) — 14.86% (2024)
- Adjusted savings, carbon dioxide damage (current US$) — US$105.26 million (2021)
- GDP (current US$) — US$9.23 billion (2025)
- GDP (current LCU) — 8.17 billion (2025)
- GDP, linked series (current LCU) — 8.17 billion (2025)
- GDP (constant 2015 US$) — US$5.47 billion (2025)
- GDP (constant LCU) — 4.66 billion (2025)
- GDP, PPP (current international $) — 22.07 billion (2025)
- GDP, PPP (constant 2021 international $)
Reading data like this
Questions people ask
- What is Montenegro's primary income payments (BoP, current US$)?
- US$530.27 million in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 2007?
- It is up 418.9% from US$102.19 million in 2007 (9.58% a year on average, compounded). The highest value was US$541.43 million in 2024 and the lowest US$102.19 million in 2007.
- How does Montenegro rank?
- 111th highest of 136 economies with data for 2025.
- Is the latest change in primary income payments (BoP, current US$) unusual for Montenegro?
- In 2025, Montenegro's primary income payments (BoP, current US$) fell 2.1% on 2024 (from US$541.43 million to US$530.27 million). Across the 17 yearly changes before that (2008 to 2024), the average change was +13.3% and a typical year strayed about 27.4% from that (the standard deviation). This year's change was 0.6 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator BM.GSR.FCTY.CD, licensed CC BY 4.0. Original source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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