Montenegro Consolidated Fiscal Balance

2012 - 2026 | Monthly | USD mn | CEIC Data

Key information about Montenegro Consolidated Fiscal Balance

  • Montenegro Consolidated Fiscal Balance recorded a deficit equal to 36.484 USD mn in Jan 2026, compared with a deficit equal to 174.645 USD mn in the previous month.
  • Montenegro Consolidated Fiscal Balance data is updated monthly, available from Jan 2012 to Jan 2026, with an average ratio of -37.742 USD mn.
  • The data reached an all-time high of 83.170 USD mn in Aug 2016 and a record low of -258.561 USD mn in Dec 2024.

CEIC converts monthly Consolidated Fiscal Balance into USD. The Ministry of Finance and Social Welfare provides Consolidated Fiscal Balance in EUR. Federal Reserve Board average market exchange rate is used for currency conversions.

View Montenegro's Consolidated Fiscal Balance from Jan 2012 to Jan 2026 in the chart:

Montenegro Consolidated Fiscal Balance

What was Montenegro's Consolidated Fiscal Balance in Jan 2026?

Montenegro Consolidated Fiscal Balance recorded a deficit equal to 36.484 USD mn in Jan 2026, compared with a deficit equal to 174.645 USD mn in the previous month. See the table below for more data.

Last Previous Min Max Unit Frequency Range
-36.484 Jan 2026 -174.645 Dec 2025 -258.561 Dec 2024 83.170 Aug 2016 USD mn monthly Jan 2012 - Jan 2026

Consolidated Fiscal Balance by Country Comparison

country/region Last Frequency Range
Albania (USD mn) 364.843 Feb 2026 monthly Dec 1997 - Feb 2026
Algeria (USD mn) -5,868.518 2022 yearly 1997 - 2022
Argentina (USD mn) 102.669 Feb 2026 monthly Jan 1993 - Feb 2026
Armenia (USD mn) 276.267 Jan 2026 monthly Jan 2008 - Jan 2026
Australia (USD mn) -10,334.848 Dec 2025 quarterly Sep 2002 - Dec 2025
Austria (USD mn) -4,578.917 Sep 2025 quarterly Mar 2001 - Sep 2025
Azerbaijan (USD mn) 310.353 Dec 2025 monthly Dec 2004 - Dec 2025
Bahrain (USD mn) -2,784.441 2024 yearly 1990 - 2024
Bangladesh (USD mn) 154.969 Jul 2025 monthly Jul 2008 - Jul 2025
Belarus (USD mn) 404.854 Sep 2021 quarterly Dec 2005 - Sep 2021
Belgium (USD mn) -30,012.565 2024 yearly 1970 - 2024
Bolivia (USD mn) -5,230.120 2024 yearly 1990 - 2024
Bosnia and Herzegovina (%) 1.770 Sep 2025 quarterly Dec 2008 - Sep 2025
Botswana (USD mn) -331.433 Nov 2025 monthly Apr 2007 - Nov 2025
Brazil (USD mn) 1,864.099 Jan 2026 monthly Jan 1997 - Jan 2026
Brunei (USD mn) -2,030.104 2024 yearly 2003 - 2024
Bulgaria (%) -3.009 Dec 2025 quarterly Sep 2003 - Dec 2025
Cambodia (USD mn) -52.271 Jul 2024 monthly Jan 2007 - Jul 2024
Canada (USD mn) 177.601 Dec 2025 monthly May 1992 - Dec 2025
Chile (USD mn) -9,295.767 2024 yearly 1990 - 2024
China (USD mn) -36,951.234 Feb 2026 monthly Jan 1995 - Feb 2026
Colombia (USD mn) -3,989.807 Jun 2025 quarterly Mar 1995 - Jun 2025
Croatia (USD mn) -963.223 Dec 2019 quarterly Mar 2015 - Dec 2019
Cyprus (USD mn) 632.767 Jan 2026 monthly Jan 2014 - Jan 2026
Czech Republic (USD mn) -1,212.622 Sep 2025 quarterly Mar 1999 - Sep 2025
Denmark (USD mn) 4,561.068 Sep 2025 quarterly Mar 1999 - Sep 2025
Ecuador (USD mn) -3,224.953 Dec 2025 quarterly Mar 2000 - Dec 2025
Egypt (USD mn) -18,641.912 Jan 2026 monthly Jan 2005 - Jan 2026
Estonia (USD mn) 5.960 Sep 2025 quarterly Mar 1999 - Sep 2025
European Union (USD mn) -612,084.939 2024 yearly 1999 - 2024
Finland (USD mn) -3,737.484 Dec 2025 quarterly Mar 1999 - Dec 2025
France (USD mn) -48,864.241 Sep 2025 quarterly Mar 1957 - Sep 2025
Georgia (USD mn) 30.346 Jan 2026 monthly Jan 2006 - Jan 2026
Germany (USD mn) -59,276.118 Dec 2025 quarterly Mar 1991 - Dec 2025
Ghana (USD mn) 532.461 Dec 2025 monthly Jan 2008 - Dec 2025
Greece (USD mn) 4,558.528 Sep 2025 quarterly Mar 1999 - Sep 2025
Hong Kong SAR, China (USD mn) 5,652.229 Jan 2026 monthly Oct 1998 - Jan 2026
Hungary (USD mn) -2,681.849 Sep 2025 quarterly Mar 1999 - Sep 2025
Iceland (USD mn) -422.522 Dec 2025 quarterly Mar 2002 - Dec 2025
India (USD mn) -13,420.225 Dec 2025 monthly Apr 1997 - Dec 2025
Indonesia (USD mn) -4,820.017 Feb 2026 monthly Jan 2014 - Feb 2026
Iran (USD mn) -13,054.476 Mar 2021 quarterly Jun 2005 - Mar 2021
Ireland (USD mn) 260.587 Sep 2025 quarterly Mar 2000 - Sep 2025
Israel (USD mn) -721.641 Feb 2026 monthly Jan 1999 - Feb 2026
Italy (USD mn) -22,272.633 Sep 2025 quarterly Mar 1999 - Sep 2025
Ivory Coast (USD mn) -3,452.972 2024 yearly 1960 - 2024
Japan (USD mn) -286,722.348 2024 yearly 1995 - 2024
Jordan (USD mn) -1,288.434 2025 yearly 1999 - 2025
Kazakhstan (USD mn) 534.827 Feb 2026 monthly Nov 2007 - Feb 2026
Kenya (%) -6.600 Sep 2025 quarterly Dec 2009 - Sep 2025
South Korea (USD mn) 492.507 Nov 2025 monthly Jul 1999 - Nov 2025
Kosovo (USD mn) 49.040 Oct 2023 monthly Jan 2006 - Oct 2023
Kuwait (USD mn) -3,440.015 2024 yearly 1988 - 2024
Kyrgyzstan (USD mn) 275.694 Jan 2026 monthly Jan 2007 - Jan 2026
Laos (USD mn) 375.970 2024 yearly 2010 - 2024
Latvia (USD mn) -315.952 Sep 2025 quarterly Mar 1999 - Sep 2025
Lebanon (USD mn) 405.307 Dec 2021 monthly Jan 1998 - Dec 2021
Lithuania (USD mn) -135.319 Sep 2025 quarterly Mar 1999 - Sep 2025
Luxembourg (%) 0.888 2024 yearly 1995 - 2024
Macau SAR, China (%) 7.879 Jun 2025 quarterly Dec 2003 - Jun 2025
North Macedonia (USD mn) -764.028 2024 yearly 2009 - 2024
Malawi (USD mn) -43.664 Nov 2025 monthly Oct 2005 - Nov 2025
Malaysia (USD mn) -27,060.208 2024 yearly 1970 - 2024
Malta (USD mn) 96.549 Sep 2025 quarterly Mar 1999 - Sep 2025
Mauritius (%) -8.795 Sep 2025 quarterly Dec 2010 - Sep 2025
Mexico (USD mn) -1,094.839 Jan 2026 monthly Jan 1977 - Jan 2026
Moldova (USD mn) -709.547 2024 yearly 1998 - 2024
Mongolia (USD mn) -82.716 Feb 2026 monthly Jan 2000 - Feb 2026
Montenegro (USD mn) -36.484 Jan 2026 monthly Jan 2012 - Jan 2026
Morocco (USD mn) -6,705.833 Dec 2025 monthly Jan 2000 - Dec 2025
Mozambique (USD mn) 388.757 Dec 2016 quarterly Mar 2002 - Dec 2016
Myanmar (USD mn) -1,713.224 2022 yearly 1980 - 2022
Nepal (USD mn) -117.285 Dec 2025 quarterly Mar 2017 - Dec 2025
Netherlands (USD mn) -6,772.937 Sep 2025 quarterly Mar 1999 - Sep 2025
New Zealand (USD mn) -770.083 Dec 2025 quarterly Mar 1999 - Dec 2025
Nigeria (USD mn) -1,902.660 Dec 2024 quarterly Mar 2005 - Dec 2024
Norway (USD mn) 2,883.255 Dec 2025 quarterly Mar 2002 - Dec 2025
Oman (USD mn) -41.612 Nov 2025 monthly Jun 2003 - Nov 2025
Pakistan (USD mn) -22,771.776 2024 yearly 1991 - 2024
Palestinian Territory (USD mn) 192.600 2024 yearly 2010 - 2024
Panama (USD mn) -3,320.820 2025 yearly 2003 - 2025
Paraguay (USD mn) -169.720 Feb 2026 monthly Jan 2003 - Feb 2026
Peru (USD mn) -4,595.925 Dec 2025 quarterly Mar 1990 - Dec 2025
Philippines (USD mn) 2,795.265 Jan 2026 monthly Jan 1985 - Jan 2026
Poland (USD mn) -59,417.037 2024 yearly 1995 - 2024
Portugal (USD mn) 3,449.979 Sep 2025 quarterly Mar 1995 - Sep 2025
Qatar (USD mn) -1,455.220 Dec 2025 quarterly Mar 2011 - Dec 2025
Romania (%) -7.644 Dec 2025 quarterly Dec 2004 - Dec 2025
Russia (USD mn) -8,787.465 Jan 2026 monthly Jan 1993 - Jan 2026
Saudi Arabia (USD mn) -73,761.406 2025 yearly 1969 - 2025
Serbia (USD mn) -416.922 Jan 2026 monthly Jan 2005 - Jan 2026
Singapore (USD mn) 2,115.427 Jan 2026 monthly Apr 2011 - Jan 2026
Slovakia (USD mn) -1,292.600 Feb 2026 monthly Jan 2005 - Feb 2026
Slovenia (USD mn) -850.675 Dec 2025 monthly Jan 2000 - Dec 2025
South Africa (USD mn) -4,285.548 Jan 2026 monthly Jan 1990 - Jan 2026
Spain (USD mn) 18,617.397 Sep 2025 quarterly Mar 1995 - Sep 2025
Sri Lanka (%) -4.729 Sep 2025 quarterly Dec 2014 - Sep 2025
Sudan (USD mn) -196.813 2021 yearly 2001 - 2021
Sweden (USD mn) -9,465.294 2024 yearly 1995 - 2024
Switzerland (USD mn) 5,488.721 2025 yearly 1990 - 2025

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Montenegro Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -3.8 Dec 2025 quarterly Dec 2012 - Dec 2025
Consolidated Fiscal Balance (USD mn) -36.484 Jan 2026 monthly Jan 2012 - Jan 2026
Tax Revenue (USD mn) 163.343 Jan 2026 monthly Jan 2012 - Jan 2026
Tax Revenue: % of GDP (%) 26.9 Dec 2025 quarterly Mar 2012 - Dec 2025
National Government Debt (USD mn) 5,521.7 Sep 2025 monthly Dec 2010 - Sep 2025
Government Debt: % of GDP (%) 58.3 Sep 2025 quarterly Dec 2010 - Sep 2025
Forecast: Government Expenditure (EUR bn) 4.812 2030 yearly 2002 - 2030
Forecast: Government Net Debt (EUR bn) 6.956 2030 yearly 2002 - 2030
Forecast: Government Revenue (EUR bn) 4.350 2030 yearly 2002 - 2030
General Government Revenue: Consolidated (EUR) 165,061,889.070 Jan 2026 monthly Jan 2012 - Jan 2026
General Govt Revenue: Cons: Taxes: Excises (EUR) 25,853,560.700 Jan 2026 monthly Jan 2012 - Jan 2026
General Govt Balance: Consolidated: Deficit or Surplus (EUR) -31,066,313.940 Jan 2026 monthly Jan 2012 - Jan 2026
General Govt Revenue: Cons: Taxes: Value Added Tax (EUR) 103,563,259.630 Jan 2026 monthly Jan 2012 - Jan 2026
General Govt Expenditure: Consolidated (EUR) 196,128,203.010 Jan 2026 monthly Jan 2012 - Jan 2026
General Govt Revenue: Cons: Taxes (EUR) 139,086,135.420 Jan 2026 monthly Jan 2012 - Jan 2026
General Govt Expenditure: Cons: ow Current (EUR) 177,546,489.210 Jan 2026 monthly Jan 2012 - Jan 2026
Gross General Government External Debt (EUR mn) 4,417.700 Sep 2025 monthly Dec 2010 - Sep 2025
Gross General Government Debt (EUR mn) 4,705.330 Sep 2025 monthly Dec 2010 - Sep 2025
Gross General Government Debt: Domestic (EUR mn) 287.630 Sep 2025 monthly Dec 2010 - Sep 2025
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 1.534 2028 yearly 2003 - 2028
Trade Balance (USD mn) -319.9 Nov 2025 monthly Jan 2005 - Nov 2025
Total Exports (USD mn) 75.7 Dec 2025 monthly Jan 2005 - Dec 2025
Total Exports Growth (%) -5.4 Dec 2025 monthly Jan 2006 - Dec 2025
Aluminum: Exports (USD th) 41,867.902 2024 yearly 2008 - 2024
Exports: Medicament (USD th) 41,859.324 2024 yearly 2008 - 2024
Exports: Medicinal and Pharmaceutical Product (USD th) 95.438 2024 yearly 2008 - 2024
Total Imports (USD mn) 459.2 Dec 2025 monthly Jan 2005 - Dec 2025
Total Imports Growth (%) 10.0 Dec 2025 monthly Jan 2006 - Dec 2025
Imports: Medicament (USD th) 161,040.012 2024 yearly 2008 - 2024
Imports: Medicinal and Pharmaceutical Product (USD th) 69,267.944 2024 yearly 2008 - 2024
Total Exports to USA (USD mn) 0.000 Feb 2026 monthly Jan 2010 - Feb 2026
Total Imports from USA (USD mn) 4.082 Dec 2025 monthly Jan 2006 - Dec 2025
Total Exports to China (USD mn) 0.000 Feb 2026 monthly Jan 2010 - Feb 2026
Total Imports from China (USD mn) 55.967 Dec 2025 monthly Jan 2006 - Dec 2025
Exports: Europe: EU-28: Slovenia (EUR th) 0.000 Feb 2026 monthly Mar 2009 - Feb 2026
Exports: Europe: CEFTA: Serbia (EUR th) 0.000 Feb 2026 monthly Mar 2009 - Feb 2026
Exports: Machinery & Transport Equipment (EUR th) 2,172.918 Jan 2026 monthly Mar 2009 - Jan 2026
Exports: Mineral Fuels, Lubricants & Related Materials (EUR th) 9,960.554 Jan 2026 monthly Mar 2009 - Jan 2026
Exports: Manufactured Goods (EUR th) 3,320.534 Dec 2025 monthly Mar 2009 - Dec 2025
Exports: Crude Materials: excl Fuels (EUR th) 5,035.582 Jan 2026 monthly Mar 2009 - Jan 2026
Exports: Food & Live Animals (EUR th) 6,643.392 Dec 2025 monthly Mar 2009 - Dec 2025
Imports: Europe: CEFTA: Serbia (EUR th) 33,474.996 Jan 2026 monthly Mar 2009 - Jan 2026
Imports: Europe: EU-28: Greece (EUR th) 9,639.087 Dec 2025 monthly Mar 2009 - Dec 2025
Imports: Miscellaneous Manufactured Goods (EUR th) 57,667.797 Dec 2025 monthly Mar 2009 - Dec 2025
Imports: Food & Live Animals (EUR th) 90,146.299 Dec 2025 monthly Mar 2009 - Dec 2025
Imports: Manufactured Goods (EUR th) 26,771.292 Jan 2026 monthly Mar 2009 - Jan 2026
Imports: Machinery & Transport Equipment (EUR th) 48,077.802 Jan 2026 monthly Mar 2009 - Jan 2026
Imports: Mineral Fuels, Lubricants & Related Materials (EUR th) 22,778.762 Jan 2026 monthly Mar 2009 - Jan 2026
Imports (EUR th) 392,140.299 Dec 2025 monthly Jan 2005 - Dec 2025
Exports (EUR th) 64,607.450 Dec 2025 monthly Jan 2005 - Dec 2025
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 21.8 Dec 2025 quarterly Mar 2005 - Dec 2025
Current Account Balance (USD mn) 69.2 Sep 2025 quarterly Mar 2004 - Sep 2025
Current Account Balance: % of GDP (%) -35.8 Dec 2025 quarterly Mar 2010 - Dec 2025
Foreign Direct Investment (USD mn) 213.3 Dec 2025 quarterly Mar 2005 - Dec 2025
Foreign Direct Investment: % of GDP (%) 9.0 Dec 2025 quarterly Mar 2010 - Dec 2025
Foreign Portfolio Investment (USD mn) -89.045 Dec 2025 quarterly Mar 2005 - Dec 2025
Foreign Portfolio Investment: % of GDP (%) -3.8 Dec 2025 quarterly Mar 2010 - Dec 2025
Foreign Portfolio Investment: Equity Securities (USD mn) 149.6 Dec 2025 quarterly Mar 2007 - Dec 2025
Foreign Portfolio Investment: Debt Securities (USD mn) 63.675 Dec 2025 quarterly Mar 2007 - Dec 2025
External Debt (USD mn) 8,741.3 2024 yearly 2006 - 2024
External Debt: % of GDP (%) 105.7 2024 yearly 2006 - 2024
External Debt: Short Term (USD mn) 235.2 2024 yearly 2007 - 2024
External Debt: Short Term: % of GDP (%) 2.8 2024 yearly 2007 - 2024
Forecast: Current Account Balance (USD bn) -1.945 2030 yearly 2001 - 2030
BoP: Current Account: Goods: Export (EUR th) 120,372.138 Dec 2018 quarterly Mar 2010 - Dec 2018
BoP: Current Account: Goods: Import (EUR th) 645,611.036 Dec 2018 quarterly Mar 2010 - Dec 2018
Balance of Payments (BoP): Current Account and Capital Account (EUR th) -374,597.413 Dec 2018 quarterly Mar 2010 - Dec 2018
BoP: Financial Account: Change in Central Bank Reserves (EUR th) -9,057.098 Dec 2018 quarterly Mar 2010 - Dec 2018
Foreign Direct Investment: Flow: Slovenia (EUR) 9,478,424.000 2023 yearly 2001 - 2023
Foreign Direct Investment: Flow: Serbia (EUR) 125,266,558.270 2023 yearly 2002 - 2023
Foreign Direct Investment: Flow: Italy (EUR) 5,543,222.480 2023 yearly 2001 - 2023
Foreign Direct Investment: Flow: Switzerland (EUR) 65,139,405.970 2023 yearly 2001 - 2023
Foreign Direct Investment: Flow: Russian Federation (EUR) 112,506,571.770 2023 yearly 2001 - 2023
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 4.3 Jun 2024 monthly Aug 2010 - Jun 2024
Household Debt: % of GDP (%) 29.2 Dec 2025 quarterly Mar 2007 - Dec 2025
Non-Performing Loans (USD mn) 205.823 Jun 2024 monthly Dec 2010 - Jun 2024
M2 Growth (%) 9.9 2024 yearly 2003 - 2024
Reserve Requirement Ratio (%) 5.5 Feb 2026 monthly Jan 2002 - Feb 2026
Foreign Exchange Reserves (USD mn) 2,081.3 Dec 2025 monthly Dec 2002 - Dec 2025
Foreign Exchange Reserves: % of GDP (%) 22.409 Dec 2025 quarterly Dec 2006 - Dec 2025
Foreign Exchange Reserves: Months of Import (NA) 4.5 Dec 2025 monthly Jan 2005 - Dec 2025
Gold Reserves (USD mn) 0.000 Dec 2025 monthly Dec 2002 - Dec 2025
Total Deposits (USD mn) 7,134.614 Feb 2026 monthly Jan 2003 - Feb 2026
Total Deposits Growth (%) 5.3 Feb 2026 monthly Jan 2004 - Feb 2026
Domestic Credit (USD mn) 5,026.3 Feb 2026 monthly Jan 2005 - Feb 2026
Domestic Credit Growth (%) 11.9 Feb 2026 monthly Jan 2006 - Feb 2026
Household Debt (USD mn) 2,883.5 Feb 2026 monthly Dec 2004 - Feb 2026
Total Loans (USD mn) 6,453.165 Feb 2026 monthly Jan 2003 - Feb 2026
Total Loans Growth (%) 13.25 Feb 2026 monthly Jan 2004 - Feb 2026
Private Debt: % of Nominal GDP (%) 50.62 Dec 2025 quarterly Mar 2007 - Dec 2025
Bank Loans: Non Performing Loans (EUR th) 200,600.000 Apr 2018 monthly Dec 2010 - Apr 2018
Bank Loans: Residents: Households (EUR th) 1,188,990.000 Jun 2018 monthly Jan 2009 - Jun 2018
ME: Bank Non-Performing Loans to Total Gross Loans (%) 7.426 2018 yearly 2013 - 2018

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