Trade balance in low carbon technology products, Percent of GDP in Montenegro
Montenegro: Trade balance in low carbon technology products, Percent of GDP was -1.41 in 2024. ▲ Rising
Trade balance in low carbon technology products, Percent of GDP in Montenegro, 2006–2024
Source: International Monetary Fund.
Analysis
In 2024, trade balance in low carbon technology products, percent of gdp in Montenegro stood at -1.41.
The figure is up 5.0% on the previous year and down 20.9% over ten years.
Over the whole period, trade balance in low carbon technology products, percent of gdp in Montenegro peaked at -1.06 in 2022 and was at its lowest, -2.68, in 2008.
Montenegro ranks 146th of 177 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 19 years of available data.
Trade balance in low carbon technology products, Percent of GDP in Montenegro, year by year
| Year | Value | Change |
|---|---|---|
| 2006 | -1.34 | — |
| 2007 | -1.73 | +29.0% |
| 2008 | -2.68 | +54.8% |
| 2009 | -1.78 | -33.6% |
| 2010 | -1.35 | -24.4% |
| 2011 | -1.09 | -19.2% |
| 2012 | -1.12 | +2.7% |
| 2013 | -1.11 | -1.1% |
| 2014 | -1.17 | +5.6% |
| 2015 | -1.22 | +4.6% |
| 2016 | -2.45 | +100.4% |
| 2017 | -1.72 | -29.6% |
| 2018 | -2.63 | +52.5% |
| 2019 | -1.59 | -39.4% |
| 2020 | -1.76 | +10.4% |
| 2021 | -1.21 | -31.2% |
| 2022 | -1.06 | -12.3% |
| 2023 | -1.49 | +40.0% |
| 2024 | -1.41 | -5.0% |
Montenegro compared with similar countries
- Montenegro's -1.41 is below the median for upper middle income countries, which is -0.9524, 1.5× the median. (50 countries reporting)
- Montenegro's -1.41 is below the median for Europe & Central Asia, which is -0.5163, 2.7× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -1.89 | -2.68 | -1.34 | 4 |
| 2010s | -1.54 | -2.63 | -1.09 | 10 |
| 2020s | -1.39 | -1.76 | -1.06 | 5 |
Countries ranked near Montenegro
More trade data for Montenegro
- Commodity Net Export Price Index, Individual Commodities Weighted by 121.1 (2025)
- Commodity Net Export Price Index, Individual Commodities Weighted by 103.58 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 100.92 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 112.1 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 97.44 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 78.91 (2025)
- Imports of low carbon technology products, Percent of GDP 1.49 (2024)
- Imports of low carbon technology products, US dollar (World), per 197.42 units per person (2024)
- Imports of low carbon technology products, US dollar (World), per 0.0149 units per US$ of GDP (2024)
- Exports of low carbon technology products, US dollar (World), gaps 6.26 million (2024)
Frequently asked questions
- What is trade balance in low carbon technology products, percent of gdp in Montenegro?
- Trade balance in low carbon technology products, percent of gdp in Montenegro was -1.41 in 2024, according to International Monetary Fund.
- What is the highest trade balance in low carbon technology products, percent of gdp recorded in Montenegro?
- The highest recorded value was -1.06 in 2022.
- What is the lowest trade balance in low carbon technology products, percent of gdp recorded in Montenegro?
- The lowest recorded value was -2.68 in 2008.
- How does Montenegro rank for trade balance in low carbon technology products, percent of gdp?
- Montenegro ranks 146th out of 177 countries with data for 2024.
- Is trade balance in low carbon technology products, percent of gdp rising or falling in Montenegro?
- Over the last ten years it is down 20.9%. The long-run trend across the full record is rising.
- Where does this Montenegro data come from?
- The figures come from International Monetary Fund, published as part of Trade balance in low carbon technology products, Percent of GDP (World). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
This dataset provides information on the bilateral trade flows of low-carbon technology products, as well as country and world aggregates . Low carbon technology products produce less pollution than their traditional energy counterparts, and will play a vital role in the transition to a low carbon economy. Low carbon technologies include mechanics like wind turbines, solar panels, biomass systems and carbon capture equipment.