Latest: United Kingdom 16:15 BoE MPC Member Cunliffe Speaks Forecast: 0
Latest: Japan 01:30 BoJ Board Member Kataoka Speaks Forecast: 0
Latest: Thailand 03:51 GDP Annual Forecast: 0 % Actual: 2.4%
Latest: Japan 01:30 BoJ Board Member Masai Speaks Forecast: 0
Latest: Indonesia 04:00 GDP Annual Forecast: 5.03 % Actual: 5.02%

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 5.6 USD Billion 2019
GDP Annual Growth Rate 3.1 % 4Q/19
GDP per capita 8227 USD 2019
Inflation Rate YoY 0.9 % Feb/20
Unemployment Rate 15.35 % Jan/20
Wages 781 EUR/Month | 849.596 USD/Month Dec/19
Balance of Trade -162000 EUR Thousand | -0.176 B USD Feb/20
Current Account -33925 EUR Thousand | -0.037 B USD 4Q/19
Government Debt 3134 EUR Million | 3.409 B USD 2Q/19


GDP
vvp
5.6
USD Billion
#153 from 174 countries
GDP per capita
vvp
8227
USD
#69 from 169 countries


GDP Indicators

Indicator Data Period
GDP Value 5.6 USD Billion 2019
GDP Annual Growth Rate 3.1 % 4Q/19
GDP per capita 8227 USD 2019
GDP Constant Prices 1212 EUR Million | 1.318 B USD 4Q/19
GDP per capita PPP 17278 USD 2018


Budget Indicators

Indicator Data Period
Government Debt to GDP 62.27 % 2018
Government Budget Value 2963958 EUR | 0.003 USD Billion 3Q/19
Government Spending 196526 EUR Thousand | 0.214 USD Billion 3Q/19
Government Debt 3134 EUR Million | 3.409 USD Billion 2Q/19
Government Revenues 1523704064 EUR | 1657533312 USD Billion 3Q/19
Fiscal Expenditure  1520740096 EUR | 1.654 B USD 3Q/19
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) 106 index points Feb/20
Export Prices 131 index points Feb/20
Food Inflation 2.1 % Feb/20
Gasoline Prices 1.27 USD/Liter Mar/20
Inflation Rate YoY 0.9 % Feb/20
Producer Prices 169 index points Feb/20
Inflation Rate Mom -0.1 % Feb/20
CPI Housing Utilities 104 Index Points Feb/20
CPI Transportation 106 Index Points Feb/20
Harmonised Consumer Prices 106 Index Points Feb/20
Producer Prices Change  1 % Feb/20


Trade Indicators

Indicator Data Period
Current Account to GDP -18.5 % 2018
Balance of Trade -162000 EUR Thousand | -0.176 USD Billion Feb/20
Capital Flows 385440 EUR Thousand | 0.419 USD Billion 4Q/19
Current Account -33925 EUR Thousand | -0.037 USD Billion 4Q/19
Exports 29939 EUR Thousand | 0.033 USD Billion Feb/20
Imports 191546 EUR Thousand | 0.208 USD Billion Feb/20
Tourist Arrivals 43754 Persons | 0.044 Million Persons Feb/20


Money Indicators

Indicator Data Period
Loans to Private Sector 1022330 EUR Thousand | 1.112 USD Billion Nov/19
Foreign Direct Investment 769973 EUR Thousand | 0.838 B USD 2019


Labor Indicators

Indicator Data Period
Minimum Wages 288 EUR/Month | 317.39 USD/Month 2Q/18
Unemployment Rate 15.35 % Jan/20
Wages 781 EUR/Month | 849.596 USD/Month Dec/19
Employed Persons 203123 Person | 0.203 Million Person Nov/19
Long Term Unemployment Rate 12.2 % 3Q/19
Wages in Manufacturing 604 EUR/Month | 657.05 USD/Month Nov/19


Taxes



Production Indicators

Indicator Data Period
Industrial Production 10 % Dec/19
Mining Production 55.6 % Dec/19
Industrial Production (MoM) 19.9 % Dec/19


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 -15.5 % Dec/19
Competitiveness Index 60.82 Index Points 2019
Competitiveness Rank 73 2019


Consumer Indicators

Indicator Data Period
Retail Sales MoM 5 % Feb/20
Retail Sales YoY 8.1 % Feb/20
Consumer Credit 1357738 EUR Thousand | 1.477 USD Billion Dec/19
Consumer Spending 883196 EUR Thousand | 0.961 USD Billion 3Q/19


Housing Market

Indicator Data Period
Construction Output 31.4 % 3Q/19


Government Debt
dept_icon
3.409
USD Billion
#60 from 65 countries
Balance of Trade
balance_icon
-0.176
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
0.003
USD Billion
#52 from 113 countries
Inflation Rate
inflation_icon
0.9
%
#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
15.35
%
#24 from 171 countries
Wages
salary_icon
849.596
USD/Month
#47 from 82 countries