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) -1,650.5 Mar 2026 quarterly Mar 1976 - Mar 2026
Armenia (USD mn) -773.6 Mar 2026 quarterly Mar 1993 - Mar 2026
Australia (USD mn) -13,844.3 Dec 2025 quarterly Sep 1959 - Dec 2025
Austria (USD mn) -2,343.9 Jun 2025 quarterly Mar 1970 - Jun 2025
Azerbaijan (USD mn) 1,664.0 Mar 2026 quarterly Mar 2013 - Mar 2026
Bahrain (USD mn) 831.3 Dec 2025 quarterly Mar 2018 - Dec 2025
Bangladesh (USD mn) 600.8 Mar 2026 monthly Jul 1997 - Mar 2026
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) -190.5 Dec 2025 quarterly Mar 1988 - Dec 2025
Bosnia and Herzegovina (USD mn) -480.5 Mar 2026 quarterly Mar 2001 - Mar 2026
Botswana (USD mn) 495.2 Jun 2025 quarterly Mar 2004 - Jun 2025
Brazil (USD mn) -6,036.3 Mar 2026 monthly Jan 1995 - Mar 2026
Brunei (USD mn) 589.6 Dec 2025 quarterly Mar 2001 - Dec 2025
Bulgaria (USD mn) -930.8 Sep 2025 monthly Jan 1996 - Sep 2025
Cambodia (USD mn) -1,880.9 Dec 2025 quarterly Mar 1994 - Dec 2025
Canada (USD mn) -7,027.7 Sep 2025 quarterly Mar 1957 - Sep 2025
Chile (USD mn) 1,882.7 Mar 2026 quarterly Mar 2003 - Mar 2026
China (USD mn) 184,310.4 Mar 2026 quarterly Mar 1998 - Mar 2026
Colombia (USD mn) -1,573.1 Mar 2026 quarterly Mar 1996 - Mar 2026
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) 1,859.2 Mar 2026 quarterly Mar 1993 - Mar 2026
Egypt (USD mn) -5,117.0 Mar 2026 quarterly Dec 1993 - Mar 2026
Estonia (USD mn) -92.0 Sep 2025 monthly Jan 1999 - Sep 2025
European Union (USD mn) 95,892.8 Mar 2026 quarterly Mar 1999 - Mar 2026
Finland (USD mn) 58.7 Sep 2025 monthly Jan 1980 - Sep 2025
France (USD mn) -189.5 Apr 2026 monthly Jan 1999 - Apr 2026
Georgia (USD mn) -272.8 Jun 2025 quarterly Mar 1995 - Jun 2025
Germany (USD mn) 15,615.5 Apr 2026 monthly Jan 1991 - Apr 2026
Ghana (USD mn) 3,098.6 Mar 2026 quarterly Mar 2003 - Mar 2026
Greece (USD mn) -1,624.8 Apr 2026 monthly Jan 2000 - Apr 2026
Hong Kong SAR, China (USD mn) 4,664.3 Mar 2026 quarterly Mar 1999 - Mar 2026
Hungary (USD mn) 176.5 Mar 2026 quarterly Dec 1989 - Mar 2026
Iceland (USD mn) -644.2 Jun 2025 quarterly Mar 1976 - Jun 2025
India (USD mn) 7,081.3 Mar 2026 quarterly Jun 1949 - Mar 2026
Indonesia (USD mn) -4,007.7 Mar 2026 quarterly Mar 1981 - Mar 2026
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) -106.7 Mar 2026 quarterly Mar 1992 - Mar 2026
Italy (USD mn) 4,005.0 Sep 2025 monthly Jan 1970 - Sep 2025
Ivory Coast (USD mn) -889.5 2025 yearly 1975 - 2025
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) -1,790.6 Mar 2026 quarterly Dec 1997 - Mar 2026
Kenya (USD mn) -386.0 Sep 2025 monthly Jan 2002 - Sep 2025
South Korea (USD mn) 38,121.1 May 2026 monthly Jan 1980 - May 2026
Kosovo (USD mn) -262.6 Mar 2026 quarterly Mar 2009 - Mar 2026
Kuwait (USD mn) 7,200.8 Dec 2025 quarterly Mar 2012 - Dec 2025
Kyrgyzstan (USD mn) -1,813.9 Jun 2025 quarterly Mar 1993 - Jun 2025
Laos (USD mn) 308.6 Dec 2025 quarterly Mar 1994 - Dec 2025
Latvia (USD mn) -209.0 Sep 2025 monthly Jan 2000 - Sep 2025
Lebanon (USD mn) -958.5 Sep 2025 monthly Jan 2002 - Sep 2025
Lithuania (USD mn) 112.5 Apr 2026 monthly Jan 2001 - Apr 2026
Luxembourg (USD mn) 1,575.1 Mar 2026 quarterly Mar 1995 - Mar 2026
Macau SAR, China (USD mn) 16,687.2 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) 3,826.4 Mar 2026 quarterly Mar 1999 - Mar 2026
Malta (USD mn) 340.0 Mar 2026 quarterly Mar 1995 - Mar 2026
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) -943.7 Mar 2026 quarterly Mar 1994 - Mar 2026
Mongolia (USD mn) -358.1 May 2026 monthly Jan 2009 - May 2026
Montenegro (USD mn) 69.2 Sep 2025 quarterly Mar 2004 - Sep 2025
Morocco (USD mn) -1,453.2 Dec 2025 quarterly Mar 2014 - Dec 2025
Mozambique (USD mn) -942.0 Dec 2025 quarterly Mar 1996 - Dec 2025
Myanmar (USD mn) 728.3 Sep 2025 quarterly Mar 1976 - Sep 2025
Nepal (USD mn) 1,345.6 Jan 2026 quarterly Oct 2000 - Jan 2026
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) 1,397.2 Dec 2025 quarterly Mar 2014 - Dec 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) 1,203.0 Mar 2026 quarterly Mar 1976 - Mar 2026
Palestinian Territory (USD mn) -440.0 Mar 2026 quarterly Mar 2011 - Mar 2026
Panama (USD mn) 1,289.6 Mar 2026 quarterly Mar 1998 - Mar 2026
Paraguay (USD mn) 96.6 Mar 2026 quarterly Mar 2008 - Mar 2026
Peru (USD mn) 4,463.2 Mar 2026 quarterly Mar 1977 - Mar 2026
Philippines (USD mn) -2,691.4 Mar 2026 monthly Jan 1999 - Mar 2026
Poland (USD mn) -270.0 Mar 2026 monthly Jan 2000 - Mar 2026
Portugal (USD mn) 692.3 Apr 2026 monthly Jan 1996 - Apr 2026
Qatar (USD mn) 4,981.6 Dec 2025 quarterly Mar 2011 - Dec 2025
Romania (USD mn) -3,139.5 Apr 2026 monthly Jun 2002 - Apr 2026
Russia (USD mn) 6,700.0 Apr 2026 monthly Jan 2012 - Apr 2026
Saudi Arabia (USD mn) 4,114.2 Mar 2026 quarterly Mar 2006 - Mar 2026
Serbia (USD mn) -322.0 Apr 2026 monthly Jan 2013 - Apr 2026
Singapore (USD mn) 32,225.6 Mar 2026 quarterly Mar 1986 - Mar 2026
Slovakia (USD mn) -568.6 Apr 2026 monthly Jan 1997 - Apr 2026
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) 2,195.5 Apr 2026 monthly Jan 1990 - Apr 2026
Sri Lanka (USD mn) 623.0 Mar 2026 quarterly Mar 1977 - Mar 2026
Sudan (USD mn) -1,008.7 Jun 2025 quarterly Mar 1977 - Jun 2025
Sweden (USD mn) 10,282.6 Mar 2026 quarterly Mar 1975 - Mar 2026
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 (%) -4.5 Mar 2026 quarterly Dec 2012 - Mar 2026
Consolidated Fiscal Balance (USD mn) -83.223 May 2026 monthly Jan 2012 - May 2026
Tax Revenue (USD mn) 200.809 May 2026 monthly Jan 2012 - May 2026
Tax Revenue: % of GDP (%) 31.0 Mar 2026 quarterly Mar 2012 - Mar 2026
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) 5.113 2031 yearly 2002 - 2031
Forecast: Government Net Debt (EUR bn) 7.483 2031 yearly 2002 - 2031
Forecast: Government Revenue (EUR bn) 4.623 2031 yearly 2002 - 2031
General Government Revenue: Consolidated (EUR) 216,319,266.010 May 2026 monthly Jan 2012 - May 2026
General Govt Balance: Consolidated: Deficit or Surplus (EUR) -71,246,649.630 May 2026 monthly Jan 2012 - May 2026
General Govt Revenue: Cons: Taxes: Excises (EUR) 32,034,430.120 May 2026 monthly Jan 2012 - May 2026
General Govt Revenue: Cons: Taxes (EUR) 171,910,737.140 May 2026 monthly Jan 2012 - May 2026
General Govt Expenditure: Cons: ow Current (EUR) 260,087,971.500 May 2026 monthly Jan 2012 - May 2026
General Govt Revenue: Cons: Taxes: Value Added Tax (EUR) 103,938,067.020 May 2026 monthly Jan 2012 - May 2026
General Govt Expenditure: Consolidated (EUR) 287,565,915.640 May 2026 monthly Jan 2012 - May 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) -407.3 May 2026 monthly Jan 2005 - May 2026
Total Exports (USD mn) 45.6 May 2026 monthly Jan 2005 - May 2026
Total Exports Growth (%) 7.5 May 2026 monthly Jan 2006 - May 2026
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) 452.9 May 2026 monthly Jan 2005 - May 2026
Total Imports Growth (%) 3.5 May 2026 monthly Jan 2006 - May 2026
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) 0.442 May 2026 monthly Jan 2010 - May 2026
Total Imports from USA (USD mn) 6.252 May 2026 monthly Jan 2006 - May 2026
Total Exports to China (USD mn) 0.831 May 2026 monthly Jan 2010 - May 2026
Total Imports from China (USD mn) 53.703 May 2026 monthly Jan 2006 - May 2026
Exports: Europe: CEFTA: Serbia (EUR th) 7,679.859 May 2026 monthly Mar 2009 - May 2026
Exports: Europe: EU-28: Slovenia (EUR th) 3,791.901 May 2026 monthly Mar 2009 - May 2026
Exports: Machinery & Transport Equipment (EUR th) 5,679.396 May 2026 monthly Mar 2009 - May 2026
Exports: Mineral Fuels, Lubricants & Related Materials (EUR th) 11,208.711 May 2026 monthly Mar 2009 - May 2026
Exports: Food & Live Animals (EUR th) 3,977.140 May 2026 monthly Mar 2009 - May 2026
Exports: Manufactured Goods (EUR th) 5,203.826 May 2026 monthly Mar 2009 - May 2026
Exports: Crude Materials: excl Fuels (EUR th) 6,369.677 May 2026 monthly Mar 2009 - May 2026
Imports: Europe: EU-28: Greece (EUR th) 33,968.686 May 2026 monthly Mar 2009 - May 2026
Imports: Europe: CEFTA: Serbia (EUR th) 65,057.906 May 2026 monthly Mar 2009 - May 2026
Imports: Miscellaneous Manufactured Goods (EUR th) 51,039.432 May 2026 monthly Mar 2009 - May 2026
Imports: Manufactured Goods (EUR th) 57,443.242 May 2026 monthly Mar 2009 - May 2026
Imports: Food & Live Animals (EUR th) 68,927.561 May 2026 monthly Mar 2009 - May 2026
Imports: Machinery & Transport Equipment (EUR th) 91,352.150 May 2026 monthly Mar 2009 - May 2026
Imports: Mineral Fuels, Lubricants & Related Materials (EUR th) 49,537.512 May 2026 monthly Mar 2009 - May 2026
Imports (EUR th) 387,742.991 May 2026 monthly Jan 2005 - May 2026
Exports (EUR th) 39,064.335 May 2026 monthly Jan 2005 - May 2026
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 (%) -36.0 Mar 2026 quarterly Mar 2010 - Mar 2026
Foreign Direct Investment (USD mn) 123.4 Mar 2026 quarterly Mar 2005 - Mar 2026
Foreign Direct Investment: % of GDP (%) 9.0 Dec 2025 quarterly Mar 2010 - Dec 2025
Foreign Portfolio Investment (USD mn) -71.408 Mar 2026 quarterly Mar 2005 - Mar 2026
Foreign Portfolio Investment: % of GDP (%) -3.8 Dec 2025 quarterly Mar 2010 - Dec 2025
Foreign Portfolio Investment: Equity Securities (USD mn) 120.2 Mar 2026 quarterly Mar 2007 - Mar 2026
Foreign Portfolio Investment: Debt Securities (USD mn) 3.240 Mar 2026 quarterly Mar 2007 - Mar 2026
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) -2.088 2031 yearly 2001 - 2031
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
BoP: Current Account: Goods: Export (EUR th) 120,372.138 Dec 2018 quarterly Mar 2010 - Dec 2018
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: Russian Federation (EUR) 112,506,571.770 2023 yearly 2001 - 2023
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
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 4.3 Jun 2024 monthly Aug 2010 - Jun 2024
Household Debt: % of GDP (%) 30.0 Mar 2026 quarterly Mar 2007 - Mar 2026
Non-Performing Loans (USD mn) 205.823 Jun 2024 monthly Dec 2010 - Jun 2024
M2 Growth (%) 9.8 2025 yearly 2003 - 2025
Reserve Requirement Ratio (%) 5.5 May 2026 monthly Jan 2002 - May 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) 6,966.935 May 2026 monthly Jan 2003 - May 2026
Total Deposits Growth (%) 5.7 May 2026 monthly Jan 2004 - May 2026
Domestic Credit (USD mn) 5,403.2 May 2026 monthly Jan 2005 - May 2026
Domestic Credit Growth (%) 22.6 May 2026 monthly Jan 2006 - May 2026
Household Debt (USD mn) 2,977.9 May 2026 monthly Dec 2004 - May 2026
Total Loans (USD mn) 6,735.508 May 2026 monthly Jan 2003 - May 2026
Total Loans Growth (%) 12.29 May 2026 monthly Jan 2004 - May 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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