Simplified energy balances in Montenegro

Montenegro: Simplified energy balances was 778.92 Thousand tonnes of oil equivalent in 2024. ▲ Rising

Latest (2024)
778.92 Thousand tonnes of oil equivalent
Change on year
down 6.0%
World rank
45th
of 50 countries
All-time high
828.57 Thousand tonnes of oil equivalent
in 2023
All-time low
530.33 Thousand tonnes of oil equivalent
in 2007
Years of data
20
2005–2024

Simplified energy balances in Montenegro, 2005–2024

02004006008002005201420242005: 592.9 Thousand tonnes of oil equivalent2006: 629.2 Thousand tonnes of oil equivalent2007: 530.3 Thousand tonnes of oil equivalent2008: 669.1 Thousand tonnes of oil equivalent2009: 549.4 Thousand tonnes of oil equivalent2010: 825.7 Thousand tonnes of oil equivalent2011: 721.1 Thousand tonnes of oil equivalent2012: 703.2 Thousand tonnes of oil equivalent2013: 761.3 Thousand tonnes of oil equivalent2014: 690.7 Thousand tonnes of oil equivalent2015: 705.5 Thousand tonnes of oil equivalent2016: 662.2 Thousand tonnes of oil equivalent2017: 624 Thousand tonnes of oil equivalent2018: 728.4 Thousand tonnes of oil equivalent2019: 735.5 Thousand tonnes of oil equivalent2020: 725.7 Thousand tonnes of oil equivalent2021: 748.9 Thousand tonnes of oil equivalent2022: 743 Thousand tonnes of oil equivalent2023: 828.6 Thousand tonnes of oil equivalent2024: 778.9 Thousand tonnes of oil equivalent

Source: Eurostat. Measured in Thousand tonnes of oil equivalent.

Analysis

The most recent figure for simplified energy balances in Montenegro is 778.92 Thousand tonnes of oil equivalent, measured in 2024.

Compared with earlier readings it is down 6.0% on the previous year and up 12.8% over ten years.

Over the whole period, simplified energy balances in Montenegro peaked at 828.57 Thousand tonnes of oil equivalent in 2023 and was at its lowest, 530.33 Thousand tonnes of oil equivalent, in 2007.

Montenegro ranks 45th of 50 countries on this measure, in the bottom quarter.

The long-run direction has been consistently rising across the 20 years of available data.

Simplified energy balances in Montenegro, year by year

Annual values for Simplified energy balances in Montenegro, 2005 to 2024.
Year Thousand tonnes of oil equivalent Change
2005 592.91 Thousand tonnes of oil equivalent
2006 629.22 Thousand tonnes of oil equivalent +6.1%
2007 530.33 Thousand tonnes of oil equivalent -15.7%
2008 669.12 Thousand tonnes of oil equivalent +26.2%
2009 549.36 Thousand tonnes of oil equivalent -17.9%
2010 825.69 Thousand tonnes of oil equivalent +50.3%
2011 721.13 Thousand tonnes of oil equivalent -12.7%
2012 703.22 Thousand tonnes of oil equivalent -2.5%
2013 761.33 Thousand tonnes of oil equivalent +8.3%
2014 690.73 Thousand tonnes of oil equivalent -9.3%
2015 705.45 Thousand tonnes of oil equivalent +2.1%
2016 662.23 Thousand tonnes of oil equivalent -6.1%
2017 624.02 Thousand tonnes of oil equivalent -5.8%
2018 728.4 Thousand tonnes of oil equivalent +16.7%
2019 735.54 Thousand tonnes of oil equivalent +1.0%
2020 725.74 Thousand tonnes of oil equivalent -1.3%
2021 748.95 Thousand tonnes of oil equivalent +3.2%
2022 743.04 Thousand tonnes of oil equivalent -0.8%
2023 828.57 Thousand tonnes of oil equivalent +11.5%
2024 778.92 Thousand tonnes of oil equivalent -6.0%

Montenegro compared with similar countries

  • Montenegro's 778.92 Thousand tonnes of oil equivalent is below the median for Europe & Central Asia, which is 9,315 Thousand tonnes of oil equivalent, 8% of the median. (37 countries reporting)
  • Montenegro's 778.92 Thousand tonnes of oil equivalent is below the median for upper middle income countries, which is 1,501 Thousand tonnes of oil equivalent, 52% of the median. (8 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 594.19 Thousand tonnes of oil equivalent 530.33 Thousand tonnes of oil equivalent 669.12 Thousand tonnes of oil equivalent 5
2010s 715.77 Thousand tonnes of oil equivalent 624.02 Thousand tonnes of oil equivalent 825.69 Thousand tonnes of oil equivalent 10
2020s 765.04 Thousand tonnes of oil equivalent 725.74 Thousand tonnes of oil equivalent 828.57 Thousand tonnes of oil equivalent 5

Countries ranked near Montenegro

  1. 42 Albania 1,682 Thousand tonnes of oil equivalent compare
  2. 43 Georgia 1,319 Thousand tonnes of oil equivalent compare
  3. 44 North Macedonia 860.83 Thousand tonnes of oil equivalent compare
  4. 46 Moldova 557.6 Thousand tonnes of oil equivalent compare
  5. 46 Moldova 557.6 Thousand tonnes of oil equivalent compare
  6. 48 Luxembourg 350.78 Thousand tonnes of oil equivalent compare

See the full ranking of 51 places →

More energy & mining data for Montenegro

All data for Montenegro →

Frequently asked questions

What is simplified energy balances in Montenegro?
Simplified energy balances in Montenegro was 778.92 Thousand tonnes of oil equivalent in 2024, according to Eurostat.
What is the highest simplified energy balances recorded in Montenegro?
The highest recorded value was 828.57 Thousand tonnes of oil equivalent in 2023.
What is the lowest simplified energy balances recorded in Montenegro?
The lowest recorded value was 530.33 Thousand tonnes of oil equivalent in 2007.
How does Montenegro rank for simplified energy balances?
Montenegro ranks 45th out of 50 countries with data for 2024.
Is simplified energy balances rising or falling in Montenegro?
Over the last ten years it is up 12.8%. 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 Simplified energy balances. Statizoid updates them automatically from the source API.

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Simplified energy balances in Montenegro. Statizoid, drawing on Eurostat. Retrieved 24 September 2026, from https://energy.statizoid.com/stat/simplified-energy-balances/montenegro/

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About this data

Indicator
Simplified energy balances
Unit
Thousand tonnes of oil equivalent
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
51 places, 1,659 data points, 1990–2024
Last refreshed