Montenegro ME: Survey Mean Consumption or Income per Capita: Bottom 40% of Population: Annualized Average Growth Rate data was reported at -2.730 % in 2014. Montenegro ME: Survey Mean Consumption or Income per Capita: Bottom 40% of Population: Annualized Average Growth Rate data is updated yearly, averaging -2.730 % from Dec 2014 (Median) to 2014, with 1 observations. Montenegro ME: Survey Mean Consumption or Income per Capita: Bottom 40% of Population: Annualized Average Growth Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Montenegro – Table ME.World Bank: Poverty. The growth rate in the welfare aggregate of the bottom 40% is computed as the annualized average growth rate in per capita real consumption or income of the bottom 40% of the population in the income distribution in a country from household surveys over a roughly 5-year period. Mean per capita real consumption or income is measured at 2011 Purchasing Power Parity (PPP) using the PovcalNet (http://iresearch.worldbank.org/PovcalNet). For some countries means are not reported due to grouped and/or confidential data. The annualized growth rate is computed as (Mean in final year/Mean in initial year)^(1/(Final year - Initial year)) - 1. The reference year is the year in which the underlying household survey data was collected. In cases for which the data collection period bridged two calendar years, the first year in which data were collected is reported. The initial year refers to the nearest survey collected 5 years before the most recent survey available, only surveys collected between 3 and 7 years before the most recent survey are considered. The final year refers to the most recent survey available between 2011 and 2015. Growth rates for Iraq are based on survey means of 2005 PPP$. The coverage and quality of the 2011 PPP price data for Iraq and most other North African and Middle Eastern countries were hindered by the exceptional period of instability they faced at the time of the 2011 exercise of the International Comparison Program. See PovcalNet for detailed explanations.; ; World Bank, Global Database of Shared Prosperity (GDSP) circa 2010-2015 (http://www.worldbank.org/en/topic/poverty/brief/global-database-of-shared-prosperity).; ; The comparability of welfare aggregates (consumption or income) for the chosen years T0 and T1 is assessed for every country. If comparability across the two surveys is a major concern for a country, the selection criteria are re-applied to select the next best survey year(s). Annualized growth rates are calculated between the survey years, using a compound growth formula. The survey years defining the period for which growth rates are calculated and the type of welfare aggregate used to calculate the growth rates are noted in the footnotes.

Montenegro: Furniture and household maintenance prices, world average = 100: The latest value from 2021 is 86.12 index points, an increase from 84.03 index points in 2017. In comparison, the world average is 82.49 index points, based on data from 165 countries. Historically, the average for Montenegro from 2017 to 2021 is 85.08 index points. The minimum value, 84.03 index points, was reached in 2017 while the maximum of 86.12 index points was recorded in 2021.

Montenegro ME: Demand for Family Planning Satisfied by Modern Methods: % of Married Women with Demand for Family Planning data was reported at 34.100 % in 2013. Montenegro ME: Demand for Family Planning Satisfied by Modern Methods: % of Married Women with Demand for Family Planning data is updated yearly, averaging 34.100 % from Dec 2013 (Median) to 2013, with 1 observations. Montenegro ME: Demand for Family Planning Satisfied by Modern Methods: % of Married Women with Demand for Family Planning data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Montenegro – Table ME.World Bank: Health Statistics. Demand for family planning satisfied by modern methods refers to the percentage of married women ages 15-49 years whose need for family planning is satisfied with modern methods.; ; Demographic and Health Surveys (DHS).; Weighted Average;

Key information about Montenegro Household Expenditure per Capita

• Montenegro Annual Household Expenditure per Capita reached 2,679.162 USD in Dec 2021, compared with the last update number of 2,781.287 USD in Dec 2017.
• Montenegro Annual Household Expenditure per Capita data is updated yearly, available from Dec 2005 to Dec 2021, with an averaged value of 2,591.716 USD.
• The data reached an all-time high of 3,109.188 USD in Dec 2008 and a record low of 1,999.891 USD in Dec 2006.
• In the latest reports, Retail Sales of Montenegro grew 10.800 % YoY in May 2023.

CEIC calculates Annual Household Expenditure per Capita from Monthly Average Household Expenditure per Capita multiplied by 12 and annual Population converts it into USD. The Statistical Office of Montenegro provides Average Consumption Expenditure per Capita in EUR. Federal Reserve Board average market exchange rate is used for currency conversions. Household Expenditure covers Consumption Expenditure only.