Income share of the richest 20% — all countries

Income share of the richest 20% — Montenegro

Income share of the richest 20% in Montenegro in 2021 — 40.4%. Ranked 35 in the world out of 81. Since 2005, the indicator has risen by 1.4 pp.

2021 40.4% −1 pp vs 2020
World rank 35of 81
Period maximum 45.3%2012
Period minimum 37.2%2010

Trend over time

2005–2021 · % of income

Income share of the richest 20% — Montenegro, 2005–20213537.54042.54547.52005200720092011201320152017201920212005: 39%2006: 38.5%2007: 39.3%2008: 39.2%2009: 39.6%2010: 37.2%2011: 39.3%2012: 45.3%2013: 44%2014: 43.8%2015: 44.3%2016: 43.9%2017: 42.2%2018: 42.2%2019: 41.6%2020: 41.4%2021: 40.4%
Change over the period: +1.4 pp Annual average: 0.09 pp
Income share of the richest 20% — Montenegro, by year Montenegro All countries CSV XLSX
Year % Change, pp
2021 40.4 −1 pp
2020 41.4 −0.2 pp
2019 41.6 −0.6 pp
2018 42.2 +0 pp
2017 42.2 −1.7 pp
2016 43.9 −0.4 pp
2015 44.3 +0.5 pp
2014 43.8 −0.2 pp
2013 44 −1.3 pp
2012 45.3 +6 pp
2011 39.3 +2.1 pp
2010 37.2 −2.4 pp
2009 39.6 +0.4 pp
2008 39.2 −0.1 pp
2007 39.3 +0.8 pp
2006 38.5 −0.5 pp
2005 39

About the indicator

The share of total income or consumption that goes to the richest twenty percent of the population. Under complete equality it would be twenty percent; in the most unequal countries of Latin America and Southern Africa it comes to more than sixty. The ratio of this share to the share of the poorest quintile — the quintile ratio, S80/S20 — was historically the first measure of inequality, and it speaks more clearly than the Gini index about the gap between the poles.

Important: There are no aggregates for country groups for the same reason as with the Gini index: the quintile of a group is not a union of national quintiles. Household surveys systematically understate the incomes of the richest, so real inequality is higher than measured.

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