Montenegro Consolidated Fiscal Balance: % of GDP
2012 - 2023 | Quarterly | % | CEIC Data
Key information about Montenegro Consolidated Fiscal Balance: % of GDP
- Montenegro Consolidated Fiscal Balance recorded a deficit equal to 0.5 % of its Nominal GDP in Jun 2023, compared with a deficit equal to 2.7 % in the previous quarter
- Montenegro Consolidated Fiscal Balance to GDP data is updated quarterly, available from Dec 2012 to Jun 2023, with an average ratio of -4.4 %
- The data reached an all-time high of -0.1 % in Jun 2022 and a record low of -11.6 % in Sep 2020
Further information about Montenegro Consolidated Fiscal Balance: % of GDP
- In the latest reports, Montenegro National Government Debt reached 4.4 USD bn in Jun 2023
- Montenegro Nominal GDP reached 1.3 USD bn in Mar 2023
View Montenegro's Consolidated Fiscal Balance: % of GDP from Dec 2012 to Jun 2023 in the chart:
What was Montenegro's Consolidated Fiscal Balance: % of GDP in Jun 2023?
Montenegro Consolidated Fiscal Balance recorded a deficit equal to 0.5 % of its Nominal GDP in Jun 2023, compared with a deficit equal to 2.7 % in the previous quarter See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| -0.5 Jun 2023 | -2.7 Mar 2023 | -11.6 Sep 2020 | -0.1 Jun 2022 | % | quarterly | Dec 2012 - Jun 2023 |
Consolidated Fiscal Balance: % of GDP by Country Comparison
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Includes Consolidated Fiscal Balance: % of GDP on 115 economies standardised by CEIC. Instant access to full history data in excel.
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | -3.7 2022 | yearly | 1997 - 2022 |
| Algeria (%) | -7.3 2021 | yearly | 1994 - 2021 |
| Argentina (%) | -4.3 Jun 2023 | quarterly | Dec 2004 - Jun 2023 |
| Armenia (%) | -1.4 Jun 2023 | quarterly | Dec 2002 - Jun 2023 |
| Australia (%) | -0.9 Jun 2023 | quarterly | Jun 2003 - Jun 2023 |
| Austria (%) | -4.1 Jun 2023 | quarterly | Dec 2001 - Jun 2023 |
| Azerbaijan (%) | 0.4 Jun 2021 | monthly | Dec 2004 - Jun 2021 |
| Bahrain (%) | -7.0 2021 | yearly | 1998 - 2021 |
| Bangladesh (%) | -5.1 2022 | yearly | 2006 - 2022 |
| Belarus (%) | -0.4 Sep 2021 | quarterly | Sep 2006 - Sep 2021 |
| Belgium (%) | -3.9 2022 | yearly | 1970 - 2022 |
| Bolivia (%) | -5.8 2022 | yearly | 1990 - 2022 |
| Bosnia and Herzegovina (%) | 4.7 Mar 2023 | quarterly | Dec 2008 - Mar 2023 |
| Botswana (%) | 2.5 Jun 2023 | quarterly | Mar 2004 - Jun 2023 |
| Brazil (%) | -5.6 Sep 2023 | quarterly | Dec 1997 - Sep 2023 |
| Brunei (%) | 1.3 2022 | yearly | 2010 - 2022 |
| Bulgaria (%) | -1.8 Sep 2023 | quarterly | Sep 2003 - Sep 2023 |
| Cambodia (%) | -0.2 2022 | yearly | 2007 - 2022 |
| Canada (%) | -1.7 Jun 2023 | quarterly | Jun 1993 - Jun 2023 |
| Chile (%) | 1.4 2022 | yearly | 1990 - 2022 |
| China (%) | -4.1 Sep 2023 | quarterly | Dec 1995 - Sep 2023 |
| Colombia (%) | -2.6 Dec 2022 | quarterly | Dec 2000 - Dec 2022 |
| Croatia (%) | -2.6 2021 | yearly | 2002 - 2021 |
| Cyprus (%) | 3.4 Jun 2023 | quarterly | Dec 1995 - Jun 2023 |
| Czech Republic (%) | -3.3 Jun 2023 | quarterly | Dec 1999 - Jun 2023 |
| Denmark (%) | 3.2 Jun 2023 | quarterly | Dec 1999 - Jun 2023 |
| Ecuador (%) | -1.1 Jun 2023 | quarterly | Dec 2000 - Jun 2023 |
| Estonia (%) | -1.7 Jun 2023 | quarterly | Dec 1999 - Jun 2023 |
| European Union (%) | -3.3 2022 | yearly | 1995 - 2022 |
| Finland (%) | -1.5 Jun 2023 | quarterly | Dec 1999 - Jun 2023 |
| France (%) | -5.0 Jun 2023 | quarterly | Dec 1949 - Jun 2023 |
| Georgia (%) | -2.0 Jun 2023 | quarterly | Dec 2006 - Jun 2023 |
| Germany (%) | -2.7 Sep 2023 | quarterly | Dec 1991 - Sep 2023 |
| Ghana (%) | -4.6 Jun 2023 | quarterly | Dec 2008 - Jun 2023 |
| Greece (%) | -1.3 Dec 2018 | monthly | Apr 1999 - Dec 2018 |
| Hong Kong SAR, China (%) | -5.6 Jun 2023 | quarterly | Sep 1999 - Jun 2023 |
| Hungary (%) | -8.2 Jun 2023 | quarterly | Dec 1999 - Jun 2023 |
| Iceland (%) | -1.5 Jun 2023 | quarterly | Mar 2002 - Jun 2023 |
| India (%) | -6.6 Jun 2023 | quarterly | Mar 2005 - Jun 2023 |
| Indonesia (%) | -2.2 Sep 2023 | quarterly | Dec 2014 - Sep 2023 |
| Iran (%) | -4.3 Mar 2021 | quarterly | Mar 2006 - Mar 2021 |
| Ireland (%) | 2.2 Jun 2023 | quarterly | Dec 2000 - Jun 2023 |
| Israel (%) | -1.5 Sep 2023 | quarterly | Dec 1999 - Sep 2023 |
| Italy (%) | -8.0 Jun 2023 | quarterly | Dec 1999 - Jun 2023 |
| Ivory Coast (%) | -5.9 2022 | yearly | 1960 - 2022 |
| Japan (%) | -6.2 2024 | yearly | 1996 - 2024 |
| Jordan (%) | 1.0 2018 | yearly | 1999 - 2018 |
| Kazakhstan (%) | -2.5 Sep 2023 | quarterly | Dec 2008 - Sep 2023 |
| Kenya (%) | -2.1 Mar 2023 | quarterly | Dec 2009 - Mar 2023 |
| South Korea (%) | -2.1 Jun 2023 | quarterly | Jun 2000 - Jun 2023 |
| Kosovo (%) | 0.5 Jun 2023 | quarterly | Dec 2010 - Jun 2023 |
| Kuwait (%) | -9.6 2019 | yearly | 1989 - 2019 |
| Kyrgyzstan (%) | 2.9 Sep 2023 | monthly | Jan 2007 - Sep 2023 |
| Laos (%) | -0.3 2022 | yearly | 2012 - 2022 |
| Latvia (%) | -3.0 Jun 2023 | quarterly | Dec 1999 - Jun 2023 |
| Lebanon (%) | -4.3 2020 | yearly | 1992 - 2020 |
| Lithuania (%) | -1.3 Jun 2023 | quarterly | Dec 1999 - Jun 2023 |
| Luxembourg (%) | -0.3 2022 | yearly | 1995 - 2022 |
| Macau SAR, China (%) | -33.3 Sep 2022 | quarterly | Dec 2003 - Sep 2022 |
| North Macedonia (%) | -4.5 2022 | yearly | 1993 - 2022 |
| Malawi (%) | -0.4 Jun 2023 | monthly | Apr 2005 - Jun 2023 |
| Malaysia (%) | -6.7 2022 | yearly | 1970 - 2022 |
| Malta (%) | -4.8 Mar 2023 | quarterly | Dec 2000 - Mar 2023 |
| Mauritius (%) | -4.9 Jun 2023 | quarterly | Dec 2010 - Jun 2023 |
| Mexico (%) | -4.0 Sep 2023 | quarterly | Dec 1980 - Sep 2023 |
| Moldova (%) | -3.3 2022 | yearly | 1998 - 2022 |
| Mongolia (%) | 3.3 Sep 2023 | quarterly | Dec 2000 - Sep 2023 |
| Montenegro (%) | -0.5 Jun 2023 | quarterly | Dec 2012 - Jun 2023 |
| Morocco (%) | -11.8 2022 | yearly | 1980 - 2022 |
| Mozambique (%) | -2.7 2016 | yearly | 1996 - 2016 |
| Myanmar (%) | -7.6 2021 | yearly | 1986 - 2021 |
| Nepal (%) | -10.0 2018 | yearly | 2012 - 2018 |
| Netherlands (%) | -0.1 Mar 2023 | quarterly | Dec 1999 - Mar 2023 |
| New Zealand (%) | -0.5 Jun 2023 | quarterly | Dec 1999 - Jun 2023 |
| Nigeria (%) | -4.5 Jun 2023 | quarterly | Dec 2010 - Jun 2023 |
| Norway (%) | 23.3 Jun 2023 | quarterly | Dec 2002 - Jun 2023 |
| Oman (%) | 2.6 Jun 2023 | quarterly | Dec 2005 - Jun 2023 |
| Pakistan (%) | -7.9 2022 | yearly | 2000 - 2022 |
| Palestinian Territory (%) | -4.0 2020 | yearly | 2010 - 2020 |
| Panama (%) | -3.9 2022 | yearly | 2003 - 2022 |
| Paraguay (%) | -0.9 Jun 2023 | quarterly | Dec 2003 - Jun 2023 |
| Peru (%) | -2.9 Sep 2023 | quarterly | Dec 1990 - Sep 2023 |
| Philippines (%) | -6.7 Sep 2023 | quarterly | Dec 1985 - Sep 2023 |
| Poland (%) | -3.7 2022 | yearly | 1995 - 2022 |
| Portugal (%) | 0.0 Jun 2023 | quarterly | Sep 1999 - Jun 2023 |
| Qatar (%) | 5.5 Jun 2023 | quarterly | Mar 2011 - Jun 2023 |
| Romania (%) | -6.3 Jun 2023 | quarterly | Dec 2004 - Jun 2023 |
| Russia (%) | -4.7 Jun 2023 | quarterly | Dec 1993 - Jun 2023 |
| Saudi Arabia (%) | 2.5 2022 | yearly | 1969 - 2022 |
| Serbia (%) | -2.1 Jun 2023 | quarterly | Dec 2005 - Jun 2023 |
| Singapore (%) | 0.9 Sep 2023 | quarterly | Mar 2012 - Sep 2023 |
| Slovakia (%) | -6.2 2020 | yearly | 1995 - 2020 |
| Slovenia (%) | -3.3 Sep 2023 | quarterly | Dec 2000 - Sep 2023 |
| South Africa (%) | -5.4 Jun 2023 | quarterly | Dec 1990 - Jun 2023 |
| Spain (%) | -4.4 Jun 2023 | quarterly | Dec 1995 - Jun 2023 |
| Sri Lanka (%) | -10.5 Jun 2023 | quarterly | Dec 2014 - Jun 2023 |
| Sudan (%) | -0.6 2021 | yearly | 2001 - 2021 |
| Sweden (%) | 0.7 2022 | yearly | 1995 - 2022 |
| Switzerland (%) | 1.2 2022 | yearly | 1990 - 2022 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -0.5 Jun 2023 | quarterly | Dec 2012 - Jun 2023 |
| Consolidated Fiscal Balance (USD mn) | 47.105 Aug 2023 | monthly | Jan 2012 - Aug 2023 |
| Tax Revenue (USD mn) | 167.036 Sep 2023 | monthly | Jan 2012 - Sep 2023 |
| Tax Revenue: % of GDP (%) | 26.9 Jun 2023 | quarterly | Mar 2012 - Jun 2023 |
| National Government Debt (USD mn) | 4,394.7 Jun 2023 | monthly | Dec 2010 - Jun 2023 |
| Government Debt: % of GDP (%) | 63.1 Jun 2023 | quarterly | Dec 2010 - Jun 2023 |
| Forecast: Government Expenditure (EUR bn) | 3.984 2028 | yearly | 2002 - 2028 |
| Forecast: Government Net Debt (EUR bn) | 6.698 2028 | yearly | 2002 - 2028 |
| Forecast: Government Revenue (EUR bn) | 3.392 2028 | yearly | 2002 - 2028 |
| General Govt Balance: Consolidated: Deficit or Surplus (EUR) | -15,380,856.020 Sep 2023 | monthly | Jan 2012 - Sep 2023 |
| General Government Revenue: Consolidated (EUR) | 243,958,175.400 Aug 2023 | monthly | Jan 2012 - Aug 2023 |
| General Govt Revenue: Cons: Taxes: Excises (EUR) | 33,046,282.230 Sep 2023 | monthly | Jan 2012 - Sep 2023 |
| General Govt Revenue: Cons: Taxes: Value Added Tax (EUR) | 109,706,758.490 Sep 2023 | monthly | Jan 2012 - Sep 2023 |
| General Govt Revenue: Cons: Taxes (EUR) | 156,517,964.880 Sep 2023 | monthly | Jan 2012 - Sep 2023 |
| General Govt Expenditure: Consolidated (EUR) | 232,070,887.380 Sep 2023 | monthly | Jan 2012 - Sep 2023 |
| General Govt Expenditure: Cons: ow Current (EUR) | 203,896,771.810 Sep 2023 | monthly | Jan 2012 - Sep 2023 |
| Gross General Government Debt: Domestic (EUR mn) | 382.470 Jun 2022 | monthly | Dec 2010 - Jun 2022 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 1.534 2028 | yearly | 2003 - 2028 |
| Trade Balance (USD mn) | -326.1 Sep 2023 | monthly | Jan 2005 - Sep 2023 |
| Total Exports (USD mn) | 42.2 Sep 2023 | monthly | Jan 2005 - Sep 2023 |
| Total Exports Growth (%) | -21.1 Sep 2023 | monthly | Jan 2006 - Sep 2023 |
| Aluminum: Exports (USD th) | 180,096.808 2022 | yearly | 2008 - 2022 |
| Exports: Medicament (USD th) | 34,801.190 2022 | yearly | 2008 - 2022 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 28.151 2022 | yearly | 2008 - 2022 |
| Total Imports (USD mn) | 368.3 Sep 2023 | monthly | Jan 2005 - Sep 2023 |
| Total Imports Growth (%) | -0.7 Sep 2023 | monthly | Jan 2006 - Sep 2023 |
| Imports: Medicament (USD th) | 116,265.339 2022 | yearly | 2008 - 2022 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 45,821.508 2022 | yearly | 2008 - 2022 |
| Total Exports to USA (USD mn) | 0.756 Sep 2023 | monthly | Jan 2010 - Sep 2023 |
| Total Imports from USA (USD mn) | 2.297 Sep 2023 | monthly | Jan 2006 - Sep 2023 |
| Total Exports to China (USD mn) | 0.064 Sep 2023 | monthly | Jan 2010 - Sep 2023 |
| Total Imports from China (USD mn) | 36.130 Sep 2023 | monthly | Jan 2006 - Sep 2023 |
| Exports (EUR th) | 39,512.254 Sep 2023 | monthly | Jan 2005 - Sep 2023 |
| Exports: Machinery & Transport Equipment (EUR th) | 2,755.089 Sep 2023 | monthly | Mar 2009 - Sep 2023 |
| Exports: Mineral Fuels, Lubricants & Related Materials (EUR th) | 9,039.979 Sep 2023 | monthly | Mar 2009 - Sep 2023 |
| Exports: Manufactured Goods (EUR th) | 4,621.309 Sep 2023 | monthly | Mar 2009 - Sep 2023 |
| Exports: Food & Live Animals (EUR th) | 4,132.036 Sep 2023 | monthly | Mar 2009 - Sep 2023 |
| Exports: Crude Materials: excl Fuels (EUR th) | 9,271.644 Sep 2023 | monthly | Mar 2009 - Sep 2023 |
| Exports: Europe: CEFTA: Serbia (EUR th) | 11,608.897 Sep 2023 | monthly | Mar 2009 - Sep 2023 |
| Exports: Europe: EU-28: Slovenia (EUR th) | 3,055.071 Sep 2023 | monthly | Mar 2009 - Sep 2023 |
| Imports: Miscellaneous Manufactured Goods (EUR th) | 49,978.003 Sep 2023 | monthly | Mar 2009 - Sep 2023 |
| Imports: Manufactured Goods (EUR th) | 58,372.312 Sep 2023 | monthly | Mar 2009 - Sep 2023 |
| Imports: Food & Live Animals (EUR th) | 63,956.749 Sep 2023 | monthly | Mar 2009 - Sep 2023 |
| Imports (EUR th) | 345,099.221 Sep 2023 | monthly | Jan 2005 - Sep 2023 |
| Imports: Machinery & Transport Equipment (EUR th) | 72,725.624 Sep 2023 | monthly | Mar 2009 - Sep 2023 |
| Imports: Mineral Fuels, Lubricants & Related Materials (EUR th) | 49,674.082 Sep 2023 | monthly | Mar 2009 - Sep 2023 |
| Imports: Europe: CEFTA: Serbia (EUR th) | 56,453.887 Sep 2023 | monthly | Mar 2009 - Sep 2023 |
| Imports: Europe: EU-28: Greece (EUR th) | 22,544.386 Sep 2023 | monthly | Mar 2009 - Sep 2023 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Direct Investment Abroad (USD mn) | 26.5 Sep 2023 | quarterly | Mar 2005 - Sep 2023 |
| Current Account Balance (USD mn) | -278.9 Mar 2023 | quarterly | Mar 2004 - Mar 2023 |
| Current Account Balance: % of GDP (%) | -16.5 Jun 2023 | quarterly | Mar 2010 - Jun 2023 |
| Foreign Direct Investment (USD mn) | 85.2 Sep 2023 | quarterly | Mar 2005 - Sep 2023 |
| Foreign Direct Investment: % of GDP (%) | 8.7 Jun 2023 | quarterly | Mar 2010 - Jun 2023 |
| Foreign Portfolio Investment (USD mn) | -6.269 Sep 2023 | quarterly | Mar 2005 - Sep 2023 |
| Foreign Portfolio Investment: % of GDP (%) | 0.3 Jun 2023 | quarterly | Mar 2010 - Jun 2023 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | 99.3 Jun 2023 | quarterly | Mar 2007 - Jun 2023 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | 61.957 Jun 2023 | quarterly | Mar 2007 - Jun 2023 |
| External Debt (USD mn) | 10,552.3 2021 | yearly | 2006 - 2021 |
| External Debt: % of GDP (%) | 180.1 2021 | yearly | 2006 - 2021 |
| External Debt: Short Term (USD mn) | 386.4 2021 | yearly | 2007 - 2021 |
| External Debt: Short Term: % of GDP (%) | 6.6 2021 | yearly | 2007 - 2021 |
| Forecast: Current Account Balance (USD bn) | -1.145 2028 | yearly | 2001 - 2028 |
| 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 |
| BoP: Financial Account: Change in Central Bank Reserves (EUR th) | -9,057.098 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 |
| Gross General Government External Debt (EUR mn) | 3,613.400 Jun 2023 | monthly | Dec 2010 - Jun 2023 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 5.2 Jul 2023 | monthly | Aug 2010 - Jul 2023 |
| Household Debt: % of GDP (%) | 25.4 Jun 2023 | quarterly | Dec 2010 - Jun 2023 |
| Non-Performing Loans (USD mn) | 218.559 Nov 2022 | monthly | Dec 2010 - Nov 2022 |
| M2 Growth (%) | 22.9 2022 | yearly | 2003 - 2022 |
| Reserve Requirement Ratio (%) | 5.5 Jul 2023 | monthly | Jan 2002 - Jul 2023 |
| Foreign Exchange Reserves (USD mn) | 1,720.0 Aug 2023 | monthly | Dec 2002 - Aug 2023 |
| Foreign Exchange Reserves: % of GDP (%) | 24.761 Jun 2023 | quarterly | Dec 2010 - Jun 2023 |
| Foreign Exchange Reserves: Months of Import (NA) | 4.5 Aug 2023 | monthly | Jan 2005 - Aug 2023 |
| Gold Reserves (USD mn) | 0.000 Aug 2023 | monthly | Dec 2002 - Aug 2023 |
| Total Deposits (USD mn) | 5,850.575 Oct 2023 | monthly | Jan 2003 - Oct 2023 |
| Total Deposits Growth (%) | 10.7 Oct 2023 | monthly | Jan 2004 - Oct 2023 |
| Domestic Credit (USD mn) | 3,500.5 Oct 2023 | monthly | Jan 2005 - Oct 2023 |
| Domestic Credit Growth (%) | 9.6 Oct 2023 | monthly | Jan 2006 - Oct 2023 |
| Household Debt (USD mn) | 1,757.2 Oct 2023 | monthly | Dec 2004 - Oct 2023 |
| Total Loans (USD mn) | 4,300.891 Oct 2023 | monthly | Jan 2003 - Oct 2023 |
| Total Loans Growth (%) | 12.01 Oct 2023 | monthly | Jan 2004 - Oct 2023 |
| Private Debt: % of Nominal GDP (%) | 45.79 Jun 2023 | quarterly | Dec 2010 - Jun 2023 |
| 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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