Latest: United Arab Emirates 16:05 GDP (YoY) Forecast: 0 % Actual: -6.1%
Latest: South Africa 16:00 SARB Monetary Policy Review Forecast: 0
Latest: United Kingdom 12:30 Annual Budget Release Forecast: 0
Latest: Japan 01:30 BoJ Board Member Suzuki Speaks Forecast: 0
Latest: United States 13:00 Jackson Hole Symposium Forecast: 0

Economy of Montenegro. Statistics, Data and Indicators

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


Montenegro Major Economic Indicators

Indicator Data Period
GDP Value 4.78 USD Billion 2020
GDP Annual Growth Rate 7.2 % 1Q/22
GDP per capita 6523 USD 2020
Inflation Rate YoY 11.7 % May/22
Unemployment Rate 20.63 % May/22
Wages 873 EUR/Month | 910.333 USD/Month Apr/22
Balance of Trade -210401 EUR Thousand | -0.219 B USD Apr/22
Current Account -183803 EUR Thousand | -0.192 B USD 1Q/22
Government Debt 4090 EUR Million | 4.265 B USD 4Q/21


GDP Indicators

Indicator Data Period
GDP Value 4.78 USD Billion 2020
GDP Annual Growth Rate 7.2 % 1Q/22
GDP per capita 6523 USD 2020
GDP Constant Prices 938 EUR Million | 0.978 B USD 1Q/22
GDP per capita PPP 18279 USD 2020


Budget Indicators

Indicator Data Period
Government Debt to GDP 103 % 2020
Government Budget Value -217443984 EUR | -0.227 USD Billion 2Q/20
Government Spending 273368 EUR Thousand | 0.285 USD Billion 4Q/21
Government Debt 4090 EUR Million | 4.265 USD Billion 4Q/21
Government Revenues 837077952 EUR | 872874496 USD Billion 2Q/20
Fiscal Expenditure  1054521920 EUR | 1.1 B USD 2Q/20
Government Budget to GDP -10.1 % 2020
Military Expenditure 100 USD Million | 0.1 B USD 2020


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 120 index points May/22
Export Prices 179 index points Dec/21
Food Inflation 20.6 % May/22
Gasoline Prices 1.79 USD/Liter Apr/22
Inflation Rate YoY 11.7 % May/22
Producer Prices 183 index points Mar/22
Inflation Rate Mom 0.8 % May/22
CPI Housing Utilities 108 Index Points May/22
CPI Transportation 128 Index Points May/22
Harmonised Consumer Prices 118 Index Points Apr/22
Producer Prices Change  6.5 % Mar/22


Trade Indicators

Indicator Data Period
Current Account to GDP -25.9 % 2020
Balance of Trade -210401 EUR Thousand | -0.219 USD Billion Apr/22
Capital Flows -165095 EUR Thousand | -0.172 USD Billion 1Q/22
Current Account -183803 EUR Thousand | -0.192 USD Billion 1Q/22
Exports 57558 EUR Thousand | 0.06 USD Billion May/22
Imports 286166 EUR Thousand | 0.298 USD Billion May/22
Tourist Arrivals 111455 Persons | 0.111 Million Persons May/22


Money Indicators

Indicator Data Period
Loans to Private Sector 1152810 EUR Thousand | 1.202 USD Billion Feb/22
Foreign Direct Investment 663046 EUR Thousand | 0.691 B USD 2020


Labor Indicators

Indicator Data Period
Minimum Wages 533 EUR/Month | 555.793 USD/Month 1Q/22
Unemployment Rate 20.63 % May/22
Wages 873 EUR/Month | 910.333 USD/Month Apr/22
Employed Persons 145704 Person | 0.146 Million Person Aug/21
Long Term Unemployment Rate 15.7 % 4Q/20
Wages in Manufacturing 700 EUR/Month | 729.935 USD/Month Feb/22


Taxes



Production Indicators

Indicator Data Period
Industrial Production -20.1 % Feb/22
Mining Production -8.8 % Feb/22
Industrial Production (MoM) -2.2 % Feb/22


Business Indicators

Indicator Data Period
Corruption Index 46 index points 2021
Corruption Rank 64 place 2021
Ease of Doing Business 50 place 2019
Manufacturing Production 5 % Feb/22
Competitiveness Index 60.82 Index Points 2019
Competitiveness Rank 73 2019


Consumer Indicators

Indicator Data Period
Retail Sales MoM 14.4 % Feb/22
Retail Sales YoY 18.1 % Feb/22
Consumer Credit 1496964 EUR Thousand | 1.561 USD Billion May/22
Consumer Spending 980768 EUR Thousand | 1.023 USD Billion 4Q/21


Housing Market

Indicator Data Period
Construction Output -7.9 % 4Q/21