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Economy of Montenegro. Statistics, Data and Indicators

flag
Montenegro
40B+ Credit rank #73
N/A Quality of life #
66 Corruption rank#60
50 Ease of doing business#50
Montenegro


Montenegro Major Economic Indicators

Indicator Data Period
GDP Value 5.49 USD Billion 2019
GDP Annual Growth Rate -20.2 % 2Q/20
GDP per capita 8545 USD 2019
Inflation Rate YoY -0.6 % Oct/20
Unemployment Rate 19.3 % Oct/20
Wages 783 EUR/Month | 950.739 USD/Month Sep/20
Balance of Trade -154851 EUR Thousand | -0.188 B USD Oct/20
Current Account -214530 EUR Thousand | -0.26 B USD 3Q/20
Government Debt 3134 EUR Million | 3.805 B USD 2Q/19


GDP
vvp
5.49
USD Billion
#153 from 174 countries
GDP per capita
vvp
8545
USD
#69 from 169 countries


GDP Indicators

Indicator Data Period
GDP Value 5.49 USD Billion 2019
GDP Annual Growth Rate -20.2 % 2Q/20
GDP per capita 8545 USD 2019
GDP Constant Prices 919 EUR Million | 1.116 B USD 2Q/20
GDP per capita PPP 21379 USD 2019


Budget Indicators

Indicator Data Period
Government Debt to GDP 62.27 % 2018
Government Budget Value -217443984 EUR | -0.264 USD Billion 2Q/20
Government Spending 217589 EUR Thousand | 0.264 USD Billion 2Q/20
Government Debt 3134 EUR Million | 3.805 USD Billion 2Q/19
Government Revenues 837077952 EUR | 1016401664 USD Billion 2Q/20
Fiscal Expenditure  1054521920 EUR | 1.28 B USD 2Q/20
Government Budget to GDP -2 % 2018
Military Expenditure 77.5 USD Million | 0.078 B USD 2018


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 105 index points Sep/20
Export Prices 131 index points Sep/20
Food Inflation 1.7 % Oct/20
Gasoline Prices 1.31 USD/Liter Nov/20
Inflation Rate YoY -0.6 % Oct/20
Producer Prices 170 index points Oct/20
Inflation Rate Mom -0.1 % Oct/20
CPI Housing Utilities 103 Index Points Sep/20
CPI Transportation 99.2 Index Points Sep/20
Harmonised Consumer Prices 105 Index Points Oct/20
Producer Prices Change  -0.4 % Oct/20


Trade Indicators

Indicator Data Period
Current Account to GDP -18.5 % 2018
Balance of Trade -154851 EUR Thousand | -0.188 USD Billion Oct/20
Capital Flows -117475 EUR Thousand | -0.143 USD Billion 3Q/20
Current Account -214530 EUR Thousand | -0.26 USD Billion 3Q/20
Exports 31894 EUR Thousand | 0.039 USD Billion Oct/20
Imports 186745 EUR Thousand | 0.227 USD Billion Oct/20
Tourist Arrivals 38829 Persons | 0.039 Million Persons Sep/20


Money Indicators

Indicator Data Period
Loans to Private Sector 1088910 EUR Thousand | 1.322 USD Billion Sep/20
Foreign Direct Investment 769973 EUR Thousand | 0.935 B USD 2019


Labor Indicators

Indicator Data Period
Minimum Wages 288 EUR/Month | 317.39 USD/Month 2Q/18
Unemployment Rate 19.3 % Oct/20
Wages 783 EUR/Month | 950.739 USD/Month Sep/20
Employed Persons 168778 Person | 0.169 Million Person Sep/20
Long Term Unemployment Rate 12.7 % 4Q/19
Wages in Manufacturing 603 EUR/Month | 732.178 USD/Month Sep/20


Taxes



Production Indicators

Indicator Data Period
Industrial Production -2.8 % Sep/20
Mining Production 0.2 % Sep/20
Industrial Production (MoM) 36.4 % Sep/20


Business Indicators

Indicator Data Period
Corruption Index 45 index points 2019
Corruption Rank 66 place 2019
Ease of Doing Business 50 place 2019
Manufacturing Production -4.4 % Sep/20
Competitiveness Index 60.82 Index Points 2019
Competitiveness Rank 73 2019


Consumer Indicators

Indicator Data Period
Retail Sales MoM -1.2 % Oct/20
Retail Sales YoY -13.9 % Oct/20
Consumer Credit 1398737 EUR Thousand | 1.698 USD Billion Oct/20
Consumer Spending 770100 EUR Thousand | 0.935 USD Billion 2Q/20


Housing Market

Indicator Data Period
Construction Output 4.6 % 1Q/20


Government Debt
dept_icon
3.805
USD Billion
#60 from 65 countries
Balance of Trade
balance_icon
-0.188
USD Billion
#91 from 173 countries


Gold Reserves
gold_reserve_icon
N/A
N/A
#N/A from N/A countries
Foreign Exchange Reserves
gold_reserve_icon
N/A
N/A
#N/A from N/A countries


Government Budget Value
balance_icon
-0.264
USD Billion
#52 from 113 countries
Inflation Rate
inflation_icon
-0.6
%
#156 from 174 countries


Interest Rate
discount_rate_icon
N/A
N/A
#N/A from N/A countries
Bank Lending Rate
credit_rate_icon
N/A%
#N/A from N/A countries


Unemployment Rate
unemployment_icon
19.3
%
#24 from 171 countries
Wages
salary_icon
950.739
USD/Month
#47 from 82 countries