Montenegro - Merchandise trade (% of GDP)

Merchandise trade (% of GDP) in Montenegro was 59.14 as of 2020. Its highest value over the past 14 years was 95.65 in 2008, while its lowest value was 59.02 in 2015.

Definition: Merchandise trade as a share of GDP is the sum of merchandise exports and imports divided by the value of GDP, all in current U.S. dollars.

Source: World Trade Organization, and World Bank GDP estimates.

See also:

Year Value
2006 88.10
2007 94.90
2008 95.65
2009 64.94
2010 63.21
2011 69.80
2012 68.62
2013 63.89
2014 61.25
2015 59.02
2016 60.51
2017 62.63
2018 63.26
2019 60.87
2020 59.14

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Total merchandise trade