PPP conversion factor — all countries

PPP conversion factor — Montenegro

PPP conversion factor in Montenegro in 2025 — 0.37 per int$. Ranked 179 in the world out of 185. Since 1997, the indicator has risen by 76%.

2025 0.37 per int$ +2.85% vs 2024
World rank 179of 185
Period maximum 0.372 per int$2009
Period minimum 0.204 per int$1998

Trend over time

1997–2025 · local units per international $

PPP conversion factor — Montenegro, 1997–20250.20.250.30.350.419972000200320062009201220152018202120241997: 0.21 per int$1998: 0.204 per int$1999: 0.226 per int$2000: 0.293 per int$2001: 0.315 per int$2002: 0.314 per int$2003: 0.336 per int$2004: 0.347 per int$2005: 0.355 per int$2006: 0.337 per int$2007: 0.35 per int$2008: 0.364 per int$2009: 0.372 per int$2010: 0.37 per int$2011: 0.364 per int$2012: 0.37 per int$2013: 0.364 per int$2014: 0.362 per int$2015: 0.36 per int$2016: 0.349 per int$2017: 0.351 per int$2018: 0.348 per int$2019: 0.33 per int$2020: 0.321 per int$2021: 0.332 per int$2022: 0.34 per int$2023: 0.356 per int$2024: 0.36 per int$2025: 0.37 per int$
Change over the period: +0.16 (+76.03%) Average annual rate: 2.04 %
PPP conversion factor — Montenegro, by year Montenegro All countries CSV XLSX
Year per int$ Change Change, %
2025 0.37 +0.01 +2.85%
2024 0.36 +0.004 +1.16%
2023 0.356 +0.016 +4.7%
2022 0.34 +0.007 +2.21%
2021 0.332 +0.012 +3.67%
2020 0.321 −0.009 −2.72%
2019 0.33 −0.019 −5.36%
2018 0.348 −0.003 −0.74%
2017 0.351 +0.002 +0.52%
2016 0.349 −0.01 −2.92%
2015 0.36 −0.002 −0.59%
2014 0.362 −0.002 −0.61%
2013 0.364 −0.006 −1.56%
2012 0.37 +0.006 +1.64%
2011 0.364 −0.006 −1.7%
2010 0.37 −0.002 −0.42%
2009 0.372 +0.008 +2.09%
2008 0.364 +0.014 +3.9%
2007 0.35 +0.013 +3.86%
2006 0.337 −0.018 −5.08%
2005 0.355 +0.008 +2.37%
2004 0.347 +0.011 +3.32%
2003 0.336 +0.022 +6.95%
2002 0.314 −0.001 −0.23%
2001 0.315 +0.021 +7.32%
2000 0.293 +0.068 +29.95%
1999 0.226 +0.022 +10.59%
1998 0.204 −0.006 −2.92%
1997 0.21

About the indicator

The number of units of national currency that buys the same set of goods and services inside the country as one dollar buys in the United States. Set against the market exchange rate it gives a measure of how far a currency is undervalued or overvalued: if the PPP factor is half the exchange rate, domestic prices are half the American ones, and any income in that country is worth twice what conversion at the exchange rate shows.

Important: There are no aggregates for country groups: the quantity is expressed in different currencies, and averaging it across countries is meaningless. Its ratio to the market exchange rate is the very adjustment from which all PPP indicators follow.

Source: World Development Indicators (World Bank), license CC BY 4.0.