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%

USD/JPY

103.85

-0.01%

USD/CHF

0.8907

-0.01%

AUD/USD

0.7426

-0.15%

GBP/USD

1.3446

-0.03%

EUR/USD

1.2143

-0.01%

USD/CAD

1.2861

-0.03%

Economy of Montenegro. Statistics, Data and Indicators

Montenegro

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

Montenegro

Business Indicators
Budget Indicators
Money Indicators

Taxes
GDP Indicators
Labor Indicators

Inflation Indicators
Trade Indicators
Consumer Indicators

Production Indicators
Housing Market

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

Indicator	Data	Period
Corporate Tax Rate	9 %	2018
Personal Income Tax Rate	9 %	2018
Sales Tax Rate	21 %	2020
Social Security Rate	34.3 %	2019
Social Security Rate For Companies	10.3 %	2019
Social Security Rate For Employees	24 %	2019

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

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