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Cost of moneyMontenegro

Inflation rate in Montenegro

How fast are prices rising where I live — or where I might?

Montenegro's inflation rate is 3.90 % — #68 of 126 countries on the atlas (closer to 2 % is better). Period 2025.

3.90%

Checked 23 Sept 2026Period 2025

Source: Annual CPI inflation (shared satsatlas data engine: World Bank + Eurostat + SSB)

At 3.9 % a year, prices double in about 18 years if it holds.

Inflation rate in Montenegro over time

13.04 %6.16 %-0.71 %2 % target13.04 % · 2022-0.71 % · 20142006: 2.92 %2007: 4.35 %2008: 8.76 %2009: 3.47 %2010: 0.65 %2011: 3.45 %2012: 4.15 %2013: 2.21 %2014: -0.71 %2015: 1.55 %2016: -0.27 %2017: 2.38 %2018: 2.61 %2019: 0.36 %2020: -0.26 %2021: 2.41 %2022: 13.04 %2023: 8.58 %2024: 3.34 %2025: 3.90 %2006201620253.90 %
20 official observations, 2006 → 2025. Every point is a published value — never interpolated.
Rank
#68 of 126
closer to 2 % is better
Ranked behind
46 %
58 of 126 countries
Latest move
▲ 0.56 pp
since 2024
Below its peak
9.14 pp
peak 13.04 % in 2022
Full series
▲ 0.98 pp
since 2006

In Europe: #25 of 38vs median 3.12 %: +0.78 pp (worse)

The doubling clock

At Montenegro's current 3.90 % — prices double in~18 yrsAt the ~2 % target — prices double in~35 yrs
Exact compounding (ln 2 ÷ ln(1 + rate)), not the rule-of-72 shortcut — and an if-it-holds projection, not a forecast: the clock is reset by every new inflation reading. The target line is the context — most central banks aim near 2 %, where prices double about once a working life.

Among 126 countries

22 of 126 countries between -0.30 % and 1.11 %33 of 126 countries between 1.11 % and 2.52 %30 of 126 countries between 2.52 % and 3.93 %13 of 126 countries between 3.93 % and 5.34 %3 of 126 countries between 5.34 % and 6.75 %3 of 126 countries between 6.75 % and 8.16 %5 of 126 countries between 8.16 % and 9.57 %1 of 126 countries between 10.98 % and 12.39 %2 of 126 countries between 12.39 % and 13.80 %4 of 126 countries between 13.80 % and 15.21 %2 of 126 countries between 19.45 % and 20.86 %1 of 126 countries between 20.86 % and 22.27 %1 of 126 countries between 22.27 % and 23.68 %2 of 126 countries between 27.91 % and 29.32 %4 of 126 countries between 32.14 % and 33.55 %median 3.06 %Montenegro: ahead of 46 % of the 126 countries with a published inflationMontenegro 3.90 %-0.30 %33.55 %
Half of all 126 countries sit between 1.66 % and 4.65 %. Montenegro is ahead of 46 % of them. Axis trimmed to the 2nd–98th percentile; 5 values beyond it sit in the end bars.

The neighbourhood

#CountryInflationvs Montenegro
66 Dominican Republic3.87 %−0.03 pp
67 United Kingdom3.88 %−0.02 pp
68 Montenegro3.90 %—
69 Slovakia4.00 %+0.10 pp
70 Ecuador0.71 %−3.19 pp

Annual CPI inflation from official statistics (World Bank, Eurostat, SSB). Ranked and coloured by distance from the ~2 % target most central banks aim for — deflation is not "winning".

How to read this figure

Annual change in the consumer price index — how much more the same basket costs than a year ago. Derived from official index levels (World Bank collection); one number for the whole country, so your personal basket may run hotter or colder. Ranked and coloured by distance from the ~2 % target most central banks aim for: deflation is a warning sign, not a win, so the greenest countries sit NEAR the target — not at the lowest number.

Next, about Montenegro

Price levelAverage monthly salary
Inflation rate, all countries ranked →Compare Montenegro with another country →Everything about Montenegro →
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