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Economy of Montenegro. Statistics, Data and Indicators

flag
Montenegro
40B+ Credit rank #73
N/A Quality of life #
67 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 -7.5 % 4Q/20
GDP per capita 8545 USD 2019
Inflation Rate YoY 0.8 % Mar/21
Unemployment Rate 23.83 % Mar/21
Wages 785 EUR/Month | 953.271 USD/Month Mar/21
Balance of Trade -151138 EUR Thousand | -0.184 B USD Mar/21
Current Account -227423 EUR Thousand | -0.276 B USD 4Q/20
Government Debt 3660 EUR Million | 4.445 B USD 3Q/20


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 -7.5 % 4Q/20
GDP per capita 8545 USD 2019
GDP Constant Prices 1158 EUR Million | 1.406 B USD 4Q/20
GDP per capita PPP 21379 USD 2019


Budget Indicators

Indicator Data Period
Government Debt to GDP 74.91 % 2019
Government Budget Value -217443984 EUR | -0.264 USD Billion 2Q/20
Government Spending 210719 EUR Thousand | 0.256 USD Billion 3Q/20
Government Debt 3660 EUR Million | 4.445 USD Billion 3Q/20
Government Revenues 837077952 EUR | 1016512768 USD Billion 2Q/20
Fiscal Expenditure  1054521920 EUR | 1.281 B USD 2Q/20
Government Budget to GDP -2 % 2019
Military Expenditure 93.1 USD Million | 0.093 B USD 2019


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 106 index points Mar/21
Export Prices 134 index points Dec/20
Food Inflation 1.7 % Mar/21
Gasoline Prices 1.57 USD/Liter Apr/21
Inflation Rate YoY 0.8 % Mar/21
Producer Prices 172 index points Mar/21
Inflation Rate Mom 0.6 % Mar/21
CPI Housing Utilities 104 Index Points Mar/21
CPI Transportation 105 Index Points Mar/21
Harmonised Consumer Prices 106 Index Points Mar/21
Producer Prices Change  1.6 % Mar/21


Trade Indicators

Indicator Data Period
Current Account to GDP -15 % 2019
Balance of Trade -151138 EUR Thousand | -0.184 USD Billion Mar/21
Capital Flows -282675 EUR Thousand | -0.343 USD Billion 4Q/20
Current Account -227423 EUR Thousand | -0.276 USD Billion 4Q/20
Exports 34195 EUR Thousand | 0.042 USD Billion Mar/21
Imports 185333 EUR Thousand | 0.225 USD Billion Mar/21
Tourist Arrivals 9902 Persons | 0.01 Million Persons Mar/21


Money Indicators

Indicator Data Period
Loans to Private Sector 1106480 EUR Thousand | 1.344 USD Billion Mar/21
Foreign Direct Investment 663046 EUR Thousand | 0.805 B USD 2020


Labor Indicators

Indicator Data Period
Minimum Wages 331 EUR/Month | 401.953 USD/Month 1Q/21
Unemployment Rate 23.83 % Mar/21
Wages 785 EUR/Month | 953.271 USD/Month Mar/21
Employed Persons 157355 Person | 0.157 Million Person Feb/21
Long Term Unemployment Rate 12.4 % 3Q/20
Wages in Manufacturing 573 EUR/Month | 695.827 USD/Month Feb/21


Taxes



Production Indicators

Indicator Data Period
Industrial Production 9.3 % Mar/21
Mining Production 5.3 % Dec/20
Industrial Production (MoM) 11.2 % Dec/20


Business Indicators

Indicator Data Period
Corruption Index 45 index points 2020
Corruption Rank 67 place 2020
Ease of Doing Business 50 place 2019
Manufacturing Production -2.8 % Dec/20
Competitiveness Index 60.82 Index Points 2019
Competitiveness Rank 73 2019


Consumer Indicators

Indicator Data Period
Retail Sales MoM 15.1 % Mar/21
Retail Sales YoY -6.4 % Mar/21
Consumer Credit 1391199 EUR Thousand | 1.689 USD Billion Mar/21
Consumer Spending 872051 EUR Thousand | 1.059 USD Billion 4Q/20


Housing Market

Indicator Data Period
Construction Output 1.1 % 4Q/20


Government Debt
dept_icon
4.445
USD Billion
#60 from 65 countries
Balance of Trade
balance_icon
-0.184
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
0.8
%
#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
23.83
%
#24 from 171 countries
Wages
salary_icon
953.271
USD/Month
#47 from 82 countries