In 1992, Serbia and Montenegro became a republic after the collapse of Yugoslavia. Then, in 2006, Montenegro became Europe’s youngest country when they separated from Serbia by declaring their independence. As a result of their relative youth, their economy has not reached the levels of most developed countries. For example, their GDP per capita is less than $5,000 USD. This ranks them at 38% of the world’s average. This low prosperity is reflected in their infrastructure and housing. But it also adds to the country’s picturesque and unspoiled charm.