Montenegro Current Account Balance
Montenegro Current Account recorded a deficit of 251.0 USD mn in Sep 2020, compared with a deficit of 353.8 USD mn in the previous quarter. Montenegro Current Account Balance: USD mn data is updated quarterly, available from Mar 2004 to Sep 2020, with an averaged value of -292.3 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 131.5 USD mn in Jun 2020. Montenegro Direct Investment Abroad fell by 6.7 USD mn in Sep 2020. Its Foreign Portfolio Investment fell by 8.4 USD mn in Jun 2020. The country's Nominal GDP was reported at 991.4 USD mn in Jun 2020.
View Montenegro's Current Account Balance from Mar 2004 to Sep 2020 in the chart:
What was Montenegro's Current Account Balance in Sep 2020?
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| -251.0 Sep 2020 | -353.8 Jun 2020 | -770.7 Jun 2008 | 324.7 Sep 2015 | USD mn | quarterly | Mar 2004 - Sep 2020 |
Current Account Balance by Country Comparison
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| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (USD mn) | -226.3 Sep 2020 | quarterly | Mar 1993 - Sep 2020 |
| Algeria (USD mn) | -4,010.0 Jun 2019 | quarterly | Mar 2007 - Jun 2019 |
| Argentina (USD mn) | 1,162.8 Sep 2020 | quarterly | Mar 1976 - Sep 2020 |
| Armenia (USD mn) | -143.6 Jun 2020 | quarterly | Mar 1993 - Jun 2020 |
| Australia (USD mn) | 7,171.9 Sep 2020 | quarterly | Sep 1959 - Sep 2020 |
| Austria (USD mn) | 3,901.7 Sep 2020 | quarterly | Mar 1970 - Sep 2020 |
| Azerbaijan (USD mn) | -806.5 Sep 2020 | quarterly | Mar 2013 - Sep 2020 |
| Bahrain (USD mn) | -794.0 2019 | yearly | 1975 - 2019 |
| Bangladesh (USD mn) | 224.0 Sep 2020 | monthly | Jul 1997 - Sep 2020 |
| Belarus (USD mn) | 608.8 Sep 2020 | quarterly | Mar 1996 - Sep 2020 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -7.7 Jun 2020 | quarterly | Dec 2012 - Jun 2020 |
| Consolidated Fiscal Balance (USD mn) | -25.241 Sep 2020 | monthly | Jan 2012 - Sep 2020 |
| Tax Revenue (USD mn) | 86.084 Nov 2020 | monthly | Jan 2012 - Nov 2020 |
| Tax Revenue: % of GDP (%) | 25.9 Jun 2020 | quarterly | Mar 2012 - Jun 2020 |
| National Government Debt (USD mn) | 4,291.0 Sep 2020 | monthly | Dec 2010 - Sep 2020 |
| Government Debt: % of GDP (%) | 78.2 Jun 2020 | quarterly | Dec 2010 - Jun 2020 |
| Forecast: Government Expenditure (EUR bn) | 2.454 2025 | yearly | 2002 - 2025 |
| Forecast: Government Net Debt (EUR bn) | 4.499 2025 | yearly | 2002 - 2025 |
| Forecast: Government Revenue (EUR bn) | 2.367 2025 | yearly | 2002 - 2025 |
| General Government Revenue: Consolidated (EUR) | 153,983,079.630 Nov 2020 | monthly | Jan 2012 - Nov 2020 |
| General Govt Revenue: Cons: Taxes (EUR) | 72,792,310.130 Nov 2020 | monthly | Jan 2012 - Nov 2020 |
| General Govt Expenditure: Consolidated (EUR) | 165,444,634.410 Nov 2020 | monthly | Jan 2012 - Nov 2020 |
| General Govt Expenditure: Cons: ow Current (EUR) | 145,935,466.730 Nov 2020 | monthly | Jan 2012 - Nov 2020 |
| General Govt Revenue: Cons: Taxes: Value Added Tax (EUR) | 43,083,981.810 Nov 2020 | monthly | Jan 2012 - Nov 2020 |
| General Govt Revenue: Cons: Taxes: Excises (EUR) | 16,609,981.270 Nov 2020 | monthly | Jan 2012 - Nov 2020 |
| General Govt Balance: Consolidated: Deficit or Surplus (EUR) | -11,461,554.780 Nov 2020 | monthly | Jan 2012 - Nov 2020 |
| Gross General Government Debt (EUR mn) | 3,660.310 Sep 2020 | monthly | Dec 2010 - Sep 2020 |
| Gross General Government Debt: Domestic (EUR mn) | 570.500 Sep 2020 | monthly | Dec 2010 - Sep 2020 |
| Gross General Government External Debt (EUR mn) | 3,089.810 Sep 2020 | monthly | Dec 2010 - Sep 2020 |
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