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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 2.7 % 1Q/20
GDP per capita 8545 USD 2019
Inflation Rate YoY -0.5 % Aug/20
Unemployment Rate 18.26 % Jul/20
Wages 778 EUR/Month | 921.364 USD/Month Jul/20
Balance of Trade -148325 EUR Thousand | -0.176 B USD Jul/20
Current Account -316461 EUR Thousand | -0.375 B USD 2Q/20
Government Debt 3134 EUR Million | 3.712 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 2.7 % 1Q/20
GDP per capita 8545 USD 2019
GDP Constant Prices 910 EUR Million | 1.078 B USD 1Q/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 | -0.258 USD Billion 2Q/20
Government Spending 172533 EUR Thousand | 0.204 USD Billion 1Q/20
Government Debt 3134 EUR Million | 3.712 USD Billion 2Q/19
Government Revenues 837077952 EUR | 991328704 USD Billion 2Q/20
Fiscal Expenditure  1054521920 EUR | 1.249 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) 104 index points Aug/20
Export Prices 127 index points Jul/20
Food Inflation 1.4 % Aug/20
Gasoline Prices 1.35 USD/Liter Aug/20
Inflation Rate YoY -0.5 % Aug/20
Producer Prices 169 index points Jul/20
Inflation Rate Mom 0.1 % Aug/20
CPI Housing Utilities 103 Index Points Aug/20
CPI Transportation 99.7 Index Points Aug/20
Harmonised Consumer Prices 105 Index Points Aug/20
Producer Prices Change  -0.1 % Aug/20


Trade Indicators

Indicator Data Period
Current Account to GDP -18.5 % 2018
Balance of Trade -148325 EUR Thousand | -0.176 USD Billion Jul/20
Capital Flows -337621 EUR Thousand | -0.4 USD Billion 2Q/20
Current Account -316461 EUR Thousand | -0.375 USD Billion 2Q/20
Exports 32014 EUR Thousand | 0.038 USD Billion Jul/20
Imports 180339 EUR Thousand | 0.214 USD Billion Jul/20
Tourist Arrivals 32855 Persons | 0.033 Million Persons Jul/20


Money Indicators

Indicator Data Period
Loans to Private Sector 1096622 EUR Thousand | 1.299 USD Billion Jun/20
Foreign Direct Investment 769973 EUR Thousand | 0.912 B USD 2019


Labor Indicators

Indicator Data Period
Minimum Wages 288 EUR/Month | 317.39 USD/Month 2Q/18
Unemployment Rate 18.26 % Jul/20
Wages 778 EUR/Month | 921.364 USD/Month Jul/20
Employed Persons 174170 Person | 0.174 Million Person Jul/20
Long Term Unemployment Rate 12.7 % 4Q/19
Wages in Manufacturing 610 EUR/Month | 722.406 USD/Month May/20


Taxes



Production Indicators

Indicator Data Period
Industrial Production -12.4 % Jun/20
Mining Production -6.7 % Jun/20
Industrial Production (MoM) -5 % Jun/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 -13.4 % Jun/20
Competitiveness Index 60.82 Index Points 2019
Competitiveness Rank 73 2019


Consumer Indicators

Indicator Data Period
Retail Sales MoM 0.5 % Jul/20
Retail Sales YoY -31.9 % Jul/20
Consumer Credit 1389444 EUR Thousand | 1.645 USD Billion Jul/20
Consumer Spending 804438 EUR Thousand | 0.953 USD Billion 1Q/20


Housing Market

Indicator Data Period
Construction Output 4.6 % 1Q/20


Government Debt
dept_icon
3.712
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
-0.258
USD Billion
#52 from 113 countries
Inflation Rate
inflation_icon
-0.5
%
#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
18.26
%
#24 from 171 countries
Wages
salary_icon
921.364
USD/Month
#47 from 82 countries