GERD by sector of performance and type of R&D in Montenegro
Montenegro: GERD by sector of performance and type of R&D was 22.51 Million euro in 2024. ▲ Rising
GERD by sector of performance and type of R&D in Montenegro, 2011–2024
Source: Eurostat. Measured in Million euro.
Analysis
The most recent figure for gerd by sector of performance and type of r&d in Montenegro is 22.51 Million euro, measured in 2024.
That represents a change of down 7.3% on the previous year and up 79.2% over ten years.
Over the whole period, gerd by sector of performance and type of r&d in Montenegro peaked at 25.32 Million euro in 2021 and was at its lowest, 10.28 Million euro, in 2011.
That places Montenegro 52nd out of 52 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 12 years of available data.
GERD by sector of performance and type of R&D in Montenegro, year by year
| Year | Million euro | Change |
|---|---|---|
| 2011 | 10.28 Million euro | — |
| 2013 | 12.59 Million euro | +22.4% |
| 2014 | 12.56 Million euro | -0.2% |
| 2015 | 13.67 Million euro | +8.8% |
| 2016 | 12.83 Million euro | -6.1% |
| 2017 | 15 Million euro | +16.9% |
| 2018 | 23.49 Million euro | +56.6% |
| 2019 | 17.98 Million euro | -23.4% |
| 2021 | 25.32 Million euro | +40.8% |
| 2022 | 19.3 Million euro | -23.8% |
| 2023 | 24.27 Million euro | +25.8% |
| 2024 | 22.51 Million euro | -7.3% |
Montenegro compared with similar countries
- Montenegro's 22.51 Million euro is below the median for Europe & Central Asia, which is 5,020 Million euro, 0% of the median. (35 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 14.8 Million euro | 10.28 Million euro | 23.49 Million euro | 8 |
| 2020s | 22.85 Million euro | 19.3 Million euro | 25.32 Million euro | 4 |
Countries ranked near Montenegro
- 49 Malta 140.18 Million euro compare
- 50 North Macedonia 53.94 Million euro compare
- 51 Bosnia and Herzegovina 38.1 Million euro compare
More science & technology data for Montenegro
- Mobile landline subscriptions, per unit of GDP 0 units per US$ of GDP (2024)
- Mobile landline subscriptions, gaps filled 221.69 (2024)
- Mobile cellular subscriptions by country, per capita 2.27 units per person (2024)
- Mobile cellular subscriptions by country, per unit of GDP 0.0002 units per US$ of GDP (2024)
- Mobile cellular subscriptions by country, gaps filled 1.42 million (2024)
- Mobile cellular subscriptions by country, per square kilometre 97.62 units per square kilometre (2023)
- Mobile landline subscriptions, annual growth rate 6.97 % change on previous year (2024)
- Mobile cellular subscriptions by country, annual growth rate 7.8 % change on previous year (2024)
- Patent applications, nonresidents 1 (2024)
- Scientific and technical journal articles 254.67 (2023)
Frequently asked questions
- What is gerd by sector of performance and type of r&d in Montenegro?
- Gerd by sector of performance and type of r&d in Montenegro was 22.51 Million euro in 2024, according to Eurostat.
- What is the highest gerd by sector of performance and type of r&d recorded in Montenegro?
- The highest recorded value was 25.32 Million euro in 2021.
- What is the lowest gerd by sector of performance and type of r&d recorded in Montenegro?
- The lowest recorded value was 10.28 Million euro in 2011.
- How does Montenegro rank for gerd by sector of performance and type of r&d?
- Montenegro ranks 52nd out of 52 countries with data for 2024.
- Is gerd by sector of performance and type of r&d rising or falling in Montenegro?
- Over the last ten years it is up 79.2%. The long-run trend across the full record is rising.
- Where does this Montenegro data come from?
- The figures come from Eurostat, published as part of GERD by sector of performance and type of R&D. Statizoid updates them automatically from the source API.
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