Key Market Indicators
Montenegro’s passenger transport revenue is projected to hit $57 million by 2028, rising from its current $54 million in 2023. This marks an average annual growth rate of 1%. Since 2012, Montenegro's passenger transport market has experienced a modest average increase of 0.4% per year. In the global rankings for 2023, Montenegro secured the 53rd spot. Trinidad and Tobago slightly outpaced Montenegro with a revenue of $54 million. Leading the rankings were Qatar, Ireland, and Russia, occupying the second, third, and fourth positions respectively.
