Montenegro's technical cooperation grants (BoP, current US$) was US$16.29 million in 2023, the latest year in the World Bank's World Development Indicators. That is up 21.24% from US$13.44 million in 2013 (1.94% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$16.29 million | 2023 |
| Five years earlier | US$10.16 million | 2018 |
| Ten years earlier | US$13.44 million | 2013 |
| Highest | US$39.78 million | 2021 |
| Lowest | US$7.63 million | 2017 |
| Average since 2014 | US$16.19 million | 2014–2023 |
| First recorded | US$32.26 million |
What the numbers say
In 2023, Montenegro's technical cooperation grants (BoP, current US$) rose 8.8% on 2022 (from US$14.97 million to US$16.29 million).
Across the 16 yearly changes before that (2007 to 2022), the average change was +13% and a typical year strayed about 77.5% from that (the standard deviation). This year's change was 0.1 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 220.8% in 2021 and the biggest yearly fall was 62.4% in 2022. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2014 to 2023 there is no clear straight-line trend: a straight line explains 20% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2023, Montenegro had the 108th highest value of the 136 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Montenegro in the 2023 ranking
What this measures
Technical cooperation grants include free-standing technical cooperation grants, which are intended to finance the transfer of technical and managerial skills or of technology for the purpose of building up general national capacity without reference to any specific investment projects; and investment-related technical cooperation grants, which are provided to strengthen the capacity to execute specific investment projects. Data are in current U.S. dollars.
Regional and income-group figures are computed by the World Bank as a sum.
All 18 values
| Year | Technical cooperation grants (BoP, current US$) |
|---|---|
| 2023 | 16,292,160 |
| 2022 | 14,968,189 |
| 2021 | 39,775,989 |
| 2020 | 12,399,799 |
| 2019 | 27,212,112 |
| 2018 | 10,159,554 |
| 2017 | 7,632,459 |
| 2016 | 8,893,139 |
| 2015 | 12,961,496 |
| 2014 | 11,644,939 |
| 2013 |
Technical cooperation grants (BoP, current US$) in nearby economies
- Albania — US$102.91 million (2023)
- Armenia — US$52.36 million (2023)
- Azerbaijan — US$48.9 million (2023)
- Belarus — US$62.25 million (2023)
- Bosnia and Herzegovina — US$89.68 million (2023)
- Georgia — US$69.93 million (2023)
- Kazakhstan — US$37.4 million (2023)
- Kosovo — US$62.95 million (2023)
- Kyrgyz Republic — US$37.99 million (2023)
- Moldova
More economic policy & debt data for Montenegro
- Adjusted savings, mineral depletion (current US$) — 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 $)
Reading data like this
Questions people ask
- What is Montenegro's technical cooperation grants (BoP, current US$)?
- US$16.29 million in 2023, according to the World Bank (World Development Indicators).
- How has it changed since 2006?
- It is down 49.5% from US$32.26 million in 2006 (3.94% a year on average, compounded). The highest value was US$39.78 million in 2021 and the lowest US$7.63 million in 2017.
- How does Montenegro rank?
- 108th highest of 136 economies with data for 2023.
- Is the latest change in technical cooperation grants (BoP, current US$) unusual for Montenegro?
Source
World Bank, World Development Indicators, indicator BX.GRT.TECH.CD.WD, licensed CC BY 4.0. Original source: DAC2A: Aid (ODA) disbursements to countries and regions, Organisation for Economic Co-operation and Development (OECD), uri: DSD_DAC2@DF_DAC2A, note: Development Assistance Committee of the Organisation for Economic Co-operation and Development, Geographical Distribution of Financial Flows, Developm… 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.
Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.
Legal entity
Devansh Yadav
Moradabad, Uttar Pradesh
Governing law: Courts at Moradabad, Uttar Pradesh
Phone: +91 8433475698
Legal: legal@analyzeit.in