Montenegro Current Account Balance

2004 - 2025 | Quarterly | USD mn | CEIC Data

Key information about Montenegro Current Account Balance

  • Montenegro Current Account recorded a surplus of 69.2 USD mn in Sep 2025, compared with a deficit of 521.8 USD mn in the previous quarter.
  • Montenegro Current Account Balance: USD mn data is updated quarterly, available from Mar 2004 to Sep 2025, with an averaged value of -270.0 USD mn.
  • The data reached an all-time high of 324.7 USD mn in Sep 2015 and a record low of -770.7 USD mn in Jun 2008.
  • CEIC converts quarterly Current Account Balance into USD. The Central Bank of Montenegro provides Current Account Balance in EUR based on BPM6. Federal Reserve Board average market exchange rate is used for currency conversions. Current Account Balance prior to Q1 2010 is based on BPM5.
  • Foreign Direct Investment (FDI) increased by 169.4 USD mn in Sep 2025.
  • Montenegro Direct Investment Abroad expanded by 16.5 USD mn in Sep 2025.
  • Its Foreign Portfolio Investment fell by 23.1 USD mn in Sep 2025.
  • The country's Nominal GDP was reported at 2.3 USD bn in Jun 2025.

View Montenegro's Current Account Balance from Mar 2004 to Sep 2025 in the chart:

Montenegro Current Account Balance

What was Montenegro's Current Account Balance in Sep 2025?

Montenegro Current Account recorded a surplus of 69.2 USD mn in Sep 2025, compared with a deficit of 521.8 USD mn in the previous quarter. See the table below for more data.

Last Previous Min Max Unit Frequency Range
69.2 Sep 2025 -521.8 Jun 2025 -770.7 Jun 2008 324.7 Sep 2015 USD mn quarterly Mar 2004 - Sep 2025

Current Account Balance by Country Comparison

country/region Last Frequency Range
Albania (USD mn) -298.3 Jun 2025 quarterly Mar 1993 - Jun 2025
Algeria (USD mn) -2,970.0 Dec 2019 quarterly Mar 2007 - Dec 2019
Argentina (USD mn) -3,015.7 Jun 2025 quarterly Mar 1976 - Jun 2025
Armenia (USD mn) -478.7 Jun 2025 quarterly Mar 1993 - Jun 2025
Australia (USD mn) -8,752.7 Jun 2025 quarterly Sep 1959 - Jun 2025
Austria (USD mn) -2,343.9 Jun 2025 quarterly Mar 1970 - Jun 2025
Azerbaijan (USD mn) 1,174.5 Jun 2025 quarterly Mar 2013 - Jun 2025
Bahrain (USD mn) 459.7 Jun 2025 quarterly Mar 2018 - Jun 2025
Bangladesh (USD mn) 241.6 Aug 2025 monthly Jul 1997 - Aug 2025
Belarus (USD mn) 13.2 Jun 2025 quarterly Mar 1996 - Jun 2025
Belgium (USD mn) -1,678.2 Jun 2025 monthly Jan 1995 - Jun 2025
Bolivia (USD mn) -5.9 Jun 2025 quarterly Mar 1988 - Jun 2025
Bosnia and Herzegovina (USD mn) -221.9 Jun 2025 quarterly Mar 2001 - Jun 2025
Botswana (USD mn) 495.2 Jun 2025 quarterly Mar 2004 - Jun 2025
Brazil (USD mn) -5,121.0 Oct 2025 monthly Jan 1995 - Oct 2025
Brunei (USD mn) 543.6 Dec 2024 quarterly Mar 2001 - Dec 2024
Bulgaria (USD mn) -930.8 Sep 2025 monthly Jan 1996 - Sep 2025
Cambodia (USD mn) -67.5 Jun 2025 quarterly Mar 1994 - Jun 2025
Canada (USD mn) -7,027.7 Sep 2025 quarterly Mar 1957 - Sep 2025
Chile (USD mn) -4,598.6 Sep 2025 quarterly Mar 2003 - Sep 2025
China (USD mn) 195,600.0 Sep 2025 quarterly Mar 1998 - Sep 2025
Colombia (USD mn) -2,594.9 Jun 2025 quarterly Mar 1996 - Jun 2025
Croatia (USD mn) -1,465.3 Dec 2022 quarterly Mar 1993 - Dec 2022
Cyprus (USD mn) -292.0 Jun 2025 quarterly Mar 2001 - Jun 2025
Czech Republic (USD mn) 1,414.6 Sep 2025 monthly Jan 2003 - Sep 2025
Denmark (USD mn) 6,659.1 Sep 2025 monthly Jan 2005 - Sep 2025
Ecuador (USD mn) 2,686.2 Jun 2025 quarterly Mar 1993 - Jun 2025
Egypt (USD mn) -2,190.4 Jun 2025 quarterly Dec 1993 - Jun 2025
Estonia (USD mn) -92.0 Sep 2025 monthly Jan 1999 - Sep 2025
European Union (USD mn) 149,636.8 Sep 2025 quarterly Mar 1999 - Sep 2025
Finland (USD mn) 58.7 Sep 2025 monthly Jan 1980 - Sep 2025
France (USD mn) -1,895.8 Sep 2025 monthly Jan 1999 - Sep 2025
Georgia (USD mn) -272.8 Jun 2025 quarterly Mar 1995 - Jun 2025
Germany (USD mn) 17,362.0 Sep 2025 monthly Jan 1991 - Sep 2025
Ghana (USD mn) 1,120.0 Jun 2025 quarterly Mar 2003 - Jun 2025
Greece (USD mn) -479.9 Sep 2025 monthly Jan 2000 - Sep 2025
Hong Kong SAR, China (USD mn) 12,276.2 Jun 2025 quarterly Mar 1999 - Jun 2025
Hungary (USD mn) 1,554.8 Jun 2025 quarterly Dec 1989 - Jun 2025
Iceland (USD mn) -644.2 Jun 2025 quarterly Mar 1976 - Jun 2025
India (USD mn) -2,351.4 Jun 2025 quarterly Jun 1949 - Jun 2025
Indonesia (USD mn) 4,047.4 Sep 2025 quarterly Mar 1981 - Sep 2025
Iran (USD mn) 13,232.0 2025 yearly 1997 - 2025
Ireland (USD mn) 22,116.2 Jun 2025 quarterly Mar 1981 - Jun 2025
Israel (USD mn) 579.0 Jun 2025 quarterly Mar 1992 - Jun 2025
Italy (USD mn) 4,005.0 Sep 2025 monthly Jan 1970 - Sep 2025
Ivory Coast (USD mn) -3,523.6 2024 yearly 1975 - 2024
Japan (USD mn) 29,402.7 Sep 2025 monthly Jan 1996 - Sep 2025
Jordan (USD mn) -859.7 Jun 2025 quarterly Mar 1977 - Jun 2025
Kazakhstan (USD mn) -3,111.8 Sep 2025 quarterly Dec 1997 - Sep 2025
Kenya (USD mn) -124.0 Jun 2025 monthly Jan 2002 - Jun 2025
South Korea (USD mn) 7,647.0 Sep 2025 monthly Jan 1980 - Sep 2025
Kosovo (USD mn) -523.6 Jun 2025 quarterly Mar 2009 - Jun 2025
Kuwait (USD mn) 8,094.0 Jun 2025 quarterly Mar 2012 - Jun 2025
Kyrgyzstan (USD mn) -1,813.9 Jun 2025 quarterly Mar 1993 - Jun 2025
Laos (USD mn) 309.1 Sep 2025 quarterly Mar 1994 - Sep 2025
Latvia (USD mn) -209.0 Sep 2025 monthly Jan 2000 - Sep 2025
Lebanon (USD mn) 46.3 Dec 2024 monthly Jan 2002 - Dec 2024
Lithuania (USD mn) 413.6 Sep 2025 monthly Jan 2001 - Sep 2025
Luxembourg (USD mn) 823.0 Jun 2025 quarterly Mar 1995 - Jun 2025
Macau SAR, China (USD mn) 17,952.3 2024 yearly 2002 - 2024
North Macedonia (USD mn) 37.6 Sep 2025 monthly Jan 2001 - Sep 2025
Malawi (USD mn) -2,276.0 2023 yearly 1977 - 2023
Malaysia (USD mn) 2,897.9 Sep 2025 quarterly Mar 1999 - Sep 2025
Malta (USD mn) 586.4 Jun 2025 quarterly Mar 1995 - Jun 2025
Mauritius (USD mn) -330.0 Jun 2025 quarterly Mar 2017 - Jun 2025
Mexico (USD mn) 2,325.0 Sep 2025 quarterly Mar 1980 - Sep 2025
Moldova (USD mn) -1,005.9 Jun 2025 quarterly Mar 1994 - Jun 2025
Mongolia (USD mn) 149.9 Oct 2025 monthly Jan 2009 - Oct 2025
Montenegro (USD mn) 69.2 Sep 2025 quarterly Mar 2004 - Sep 2025
Morocco (USD mn) -2,119.1 Jun 2025 quarterly Mar 2014 - Jun 2025
Mozambique (USD mn) -756.8 Jun 2025 quarterly Mar 1996 - Jun 2025
Myanmar (USD mn) 1,044.4 Mar 2025 quarterly Mar 1976 - Mar 2025
Nepal (USD mn) 1,453.6 Jul 2025 quarterly Oct 2000 - Jul 2025
Netherlands (USD mn) 15,020.9 Jun 2025 quarterly Mar 1967 - Jun 2025
New Zealand (USD mn) -2,045.3 Jun 2025 quarterly Jun 1971 - Jun 2025
Nigeria (USD mn) 3,726.7 Mar 2025 quarterly Mar 2014 - Mar 2025
Norway (USD mn) 21,146.8 Jun 2025 quarterly Mar 1981 - Jun 2025
Oman (USD mn) 3,068.7 2024 yearly 1974 - 2024
Pakistan (USD mn) -621.0 Sep 2025 quarterly Mar 1976 - Sep 2025
Palestinian Territory (USD mn) -665.0 Jun 2025 quarterly Mar 2011 - Jun 2025
Panama (USD mn) 522.5 Jun 2025 quarterly Mar 1998 - Jun 2025
Paraguay (USD mn) -675.3 Jun 2025 quarterly Mar 2008 - Jun 2025
Peru (USD mn) 2,455.1 Sep 2025 quarterly Mar 1977 - Sep 2025
Philippines (USD mn) -1,678.8 Jun 2025 monthly Jan 1999 - Jun 2025
Poland (USD mn) -847.0 Sep 2025 monthly Jan 2000 - Sep 2025
Portugal (USD mn) 261.0 Sep 2025 monthly Jan 1996 - Sep 2025
Qatar (USD mn) 7,484.3 Jun 2025 quarterly Mar 2011 - Jun 2025
Romania (USD mn) -3,670.8 Sep 2025 monthly Jun 2002 - Sep 2025
Russia (USD mn) 8,100.0 Sep 2025 monthly Jan 2012 - Sep 2025
Saudi Arabia (USD mn) -14,396.8 Jun 2025 quarterly Mar 2006 - Jun 2025
Serbia (USD mn) -396.2 Sep 2025 monthly Jan 2013 - Sep 2025
Singapore (USD mn) 26,008.1 Sep 2025 quarterly Mar 1986 - Sep 2025
Slovakia (USD mn) 124.6 Sep 2025 monthly Jan 1997 - Sep 2025
Slovenia (USD mn) 521.5 Sep 2025 monthly Jan 1994 - Sep 2025
South Africa (USD mn) -1,131.9 Jun 2025 quarterly Mar 1960 - Jun 2025
Spain (USD mn) 2,198.7 Sep 2025 monthly Jan 1990 - Sep 2025
Sri Lanka (USD mn) 500.6 Jun 2025 quarterly Mar 1977 - Jun 2025
Sudan (USD mn) -1,008.7 Jun 2025 quarterly Mar 1977 - Jun 2025
Sweden (USD mn) 8,747.5 Jun 2025 quarterly Mar 1975 - Jun 2025
Switzerland (USD mn) 12,320.4 Jun 2025 quarterly Mar 1983 - Jun 2025

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Montenegro Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -4.8 Jun 2025 quarterly Dec 2012 - Jun 2025
Consolidated Fiscal Balance (USD mn) -36.609 Oct 2025 monthly Jan 2012 - Oct 2025
Tax Revenue (USD mn) 225.489 Oct 2025 monthly Jan 2012 - Oct 2025
Tax Revenue: % of GDP (%) 30.0 Jun 2025 quarterly Mar 2012 - Jun 2025
National Government Debt (USD mn) 5,602.3 Jun 2025 monthly Dec 2010 - Jun 2025
Government Debt: % of GDP (%) 60.3 Jun 2025 quarterly Dec 2010 - Jun 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) 156,245,213.220 Jan 2025 monthly Jan 2012 - Jan 2025
General Govt Revenue: Cons: Taxes: Excises (EUR) 23,651,764.850 Jan 2025 monthly Jan 2012 - Jan 2025
General Govt Balance: Consolidated: Deficit or Surplus (EUR) 2,068,456.780 Jan 2025 monthly Jan 2012 - Jan 2025
General Govt Revenue: Cons: Taxes: Value Added Tax (EUR) 96,606,704.820 Jan 2025 monthly Jan 2012 - Jan 2025
General Govt Revenue: Cons: Taxes (EUR) 132,702,629.510 Jan 2025 monthly Jan 2012 - Jan 2025
General Govt Expenditure: Consolidated (EUR) 154,176,756.440 Jan 2025 monthly Jan 2012 - Jan 2025
General Govt Expenditure: Cons: ow Current (EUR) 154,050,948.920 Jan 2025 monthly Jan 2012 - Jan 2025
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 1.534 2028 yearly 2003 - 2028
Trade Balance (USD mn) -408.7 Oct 2025 monthly Jan 2005 - Oct 2025
Total Exports (USD mn) 50.8 Oct 2025 monthly Jan 2005 - Oct 2025
Total Exports Growth (%) -6.5 Oct 2025 monthly Jan 2006 - Oct 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) 459.6 Oct 2025 monthly Jan 2005 - Oct 2025
Total Imports Growth (%) 9.9 Oct 2025 monthly Jan 2006 - Oct 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) 0.269 Oct 2025 monthly Jan 2010 - Oct 2025
Total Imports from USA (USD mn) 4.932 Oct 2025 monthly Jan 2006 - Oct 2025
Total Exports to China (USD mn) 0.137 Oct 2025 monthly Jan 2010 - Oct 2025
Total Imports from China (USD mn) 59.929 Oct 2025 monthly Jun 2006 - Oct 2025
Exports: Europe: CEFTA: Serbia (EUR th) 12,962.596 Oct 2025 monthly Mar 2009 - Oct 2025
Exports: Europe: EU-28: Slovenia (EUR th) 2,704.318 Oct 2025 monthly Mar 2009 - Oct 2025
Exports: Crude Materials: excl Fuels (EUR th) 7,978.203 Oct 2025 monthly Mar 2009 - Oct 2025
Exports: Manufactured Goods (EUR th) 3,662.612 Oct 2025 monthly Mar 2009 - Oct 2025
Exports: Food & Live Animals (EUR th) 5,548.692 Oct 2025 monthly Mar 2009 - Oct 2025
Exports: Machinery & Transport Equipment (EUR th) 3,108.579 Oct 2025 monthly Mar 2009 - Oct 2025
Exports: Mineral Fuels, Lubricants & Related Materials (EUR th) 9,719.045 Oct 2025 monthly Mar 2009 - Oct 2025
Imports: Europe: CEFTA: Serbia (EUR th) 66,438.187 Oct 2025 monthly Mar 2009 - Oct 2025
Imports: Europe: EU-28: Greece (EUR th) 19,716.042 Oct 2025 monthly Mar 2009 - Oct 2025
Imports: Manufactured Goods (EUR th) 62,545.595 Oct 2025 monthly Mar 2009 - Oct 2025
Imports: Mineral Fuels, Lubricants & Related Materials (EUR th) 44,482.675 Oct 2025 monthly Mar 2009 - Oct 2025
Imports: Machinery & Transport Equipment (EUR th) 109,137.862 Oct 2025 monthly Mar 2009 - Oct 2025
Imports: Miscellaneous Manufactured Goods (EUR th) 55,254.348 Oct 2025 monthly Mar 2009 - Oct 2025
Imports: Food & Live Animals (EUR th) 65,888.354 Oct 2025 monthly Mar 2009 - Oct 2025
Imports (EUR th) 394,783.476 Oct 2025 monthly Jan 2005 - Oct 2025
Exports (EUR th) 43,675.332 Oct 2025 monthly Jan 2005 - Oct 2025
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 16.5 Sep 2025 quarterly Mar 2005 - Sep 2025
Current Account Balance (USD mn) 69.2 Sep 2025 quarterly Mar 2004 - Sep 2025
Current Account Balance: % of GDP (%) -22.9 Jun 2025 quarterly Mar 2010 - Jun 2025
Foreign Direct Investment (USD mn) 169.4 Sep 2025 quarterly Mar 2005 - Sep 2025
Foreign Direct Investment: % of GDP (%) 6.3 Jun 2025 quarterly Mar 2010 - Jun 2025
Foreign Portfolio Investment (USD mn) -23.088 Sep 2025 quarterly Mar 2005 - Sep 2025
Foreign Portfolio Investment: % of GDP (%) 18.0 Jun 2025 quarterly Mar 2010 - Jun 2025
Foreign Portfolio Investment: Equity Securities (USD mn) 113.6 Jun 2025 quarterly Mar 2007 - Jun 2025
Foreign Portfolio Investment: Debt Securities (USD mn) 29.585 Jun 2025 quarterly Mar 2007 - Jun 2025
External Debt (USD mn) 8,616.5 2023 yearly 2006 - 2023
External Debt: % of GDP (%) 112.7 2023 yearly 2006 - 2023
External Debt: Short Term (USD mn) 173.7 2023 yearly 2007 - 2023
External Debt: Short Term: % of GDP (%) 2.3 2023 yearly 2007 - 2023
Forecast: Current Account Balance (USD bn) -1.406 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
Gross General Government External Debt (EUR mn) 4,046.072 Sep 2024 monthly Dec 2010 - Sep 2024
Foreign Direct Investment: Flow: Switzerland (EUR) 65,139,405.970 2023 yearly 2001 - 2023
Foreign Direct Investment: Flow: Slovenia (EUR) 9,478,424.000 2023 yearly 2001 - 2023
Foreign Direct Investment: Flow: Russian Federation (EUR) 112,506,571.770 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
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 4.3 Jun 2024 monthly Aug 2010 - Jun 2024
Household Debt: % of GDP (%) 27.8 Jun 2025 quarterly Mar 2007 - Jun 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 Oct 2025 monthly Jan 2002 - Oct 2025
Foreign Exchange Reserves (USD mn) 1,671.4 Oct 2025 monthly Dec 2002 - Oct 2025
Foreign Exchange Reserves: % of GDP (%) 19.539 Jun 2025 quarterly Dec 2006 - Jun 2025
Foreign Exchange Reserves: Months of Import (NA) 3.6 Oct 2025 monthly Jan 2005 - Oct 2025
Gold Reserves (USD mn) 0.000 Oct 2025 monthly Dec 2002 - Oct 2025
Total Deposits (USD mn) 7,013.068 Oct 2025 monthly Jan 2003 - Oct 2025
Total Deposits Growth (%) 6.9 Oct 2025 monthly Jan 2004 - Oct 2025
Domestic Credit (USD mn) 4,697.7 Oct 2025 monthly Jan 2005 - Oct 2025
Domestic Credit Growth (%) 22.0 Oct 2025 monthly Jan 2006 - Oct 2025
Household Debt (USD mn) 2,677.8 Oct 2025 monthly Dec 2004 - Oct 2025
Total Loans (USD mn) 6,207.035 Oct 2025 monthly Jan 2003 - Oct 2025
Total Loans Growth (%) 15.02 Oct 2025 monthly Jan 2004 - Oct 2025
Private Debt: % of Nominal GDP (%) 49.26 Jun 2025 quarterly Mar 2007 - Jun 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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