Montenegro Forecast: Government Expenditure
2002 - 2027 | Yearly | EUR bn | International Monetary Fund
Key information about Montenegro Forecast: Government Expenditure
- Montenegro Government Expenditure is forecasted to be 2.362 EUR bn in Dec 2022 as reported by International Monetary Fund.
- It records an increase from the last reported number of 2.181 EUR bn in Dec 2021.
- Looking ahead, Montenegro Government Expenditure is projected to stand at 3.256 EUR bn in Dec 2027.
- The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: General Government Total Expenditure.
View Montenegro's Forecast: Government Expenditure from 2002 to 2027 in the chart:
What is Montenegro's Forecast: Government Expenditure in 2027?
Montenegro Government Expenditure is forecasted to be 2.362 EUR bn in Dec 2022 as reported by International Monetary Fund. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 3.256 2027 | 3.083 2026 | 0.503 2002 | 3.256 2027 | EUR bn | yearly | 2002 - 2027 |
Forecast: Government Expenditure by Country Comparison
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| country/region | Last | Frequency | Range |
|---|---|---|---|
| Afghanistan (AFA bn) | 432.266 2020 | yearly | 2002 - 2020 |
| Albania (ALL bn) | 759.493 2027 | yearly | 1997 - 2027 |
| Algeria (DZD bn) | 14,743.139 2027 | yearly | 1990 - 2027 |
| Andorra (%) | 35.229 2027 | yearly | 2001 - 2027 |
| Angola (AOA bn) | 16,504.541 2027 | yearly | 1996 - 2027 |
| Antigua and Barbuda (XCD bn) | 1.339 2027 | yearly | 1990 - 2027 |
| Argentina (ARS bn) | 109,556.099 2027 | yearly | 1993 - 2027 |
| Armenia (AMD bn) | 3,130.668 2027 | yearly | 2005 - 2027 |
| Aruba (%) | 23.806 2027 | yearly | 1995 - 2027 |
| Australia (AUD bn) | 1,057.212 2027 | yearly | 1988 - 2027 |
| Austria (EUR bn) | 262.943 2027 | yearly | 1988 - 2027 |
| Azerbaijan (AZN bn) | 45.406 2027 | yearly | 1994 - 2027 |
| Bahamas (BSD bn) | 3.643 2027 | yearly | 1990 - 2027 |
| Bahrain (BHD bn) | 4.987 2027 | yearly | 1990 - 2027 |
| Bangladesh (BDT bn) | 7,011.275 2024 | yearly | 1980 - 2024 |
| Barbados (BBD bn) | 3.951 2028 | yearly | 1995 - 2028 |
| Belarus (BYN bn) | 109.571 2027 | yearly | 2001 - 2027 |
| Belgium (EUR bn) | 345.829 2027 | yearly | 1980 - 2027 |
| Belize (BZD bn) | 1.682 2027 | yearly | 1996 - 2027 |
| Benin (XOF bn) | 2,802.146 2027 | yearly | 1989 - 2027 |
| Bhutan (BTN bn) | 100.852 2027 | yearly | 1981 - 2027 |
| Bolivia (BOB bn) | 143.080 2027 | yearly | 1984 - 2027 |
| Bosnia and Herzegovina (BAM bn) | 22.142 2027 | yearly | 1998 - 2027 |
| Botswana (BWP bn) | 94.260 2028 | yearly | 1981 - 2028 |
| Brazil (BRL bn) | 4,223.004 2027 | yearly | 1996 - 2027 |
| Brunei (BND bn) | 6.229 2027 | yearly | 1980 - 2027 |
| Bulgaria (BGN bn) | 74.870 2027 | yearly | 1998 - 2027 |
| Burkina Faso (XOF bn) | 3,750.558 2027 | yearly | 1985 - 2027 |
| Burundi (BIF bn) | 3,828.206 2027 | yearly | 1990 - 2027 |
| Cambodia (KHR bn) | 48,973.231 2027 | yearly | 1996 - 2027 |
| Cameroon (XAF bn) | 6,998.387 2027 | yearly | 2000 - 2027 |
| Canada (CAD bn) | 1,390.376 2027 | yearly | 1980 - 2027 |
| Cape Verde (CVE bn) | 84.942 2027 | yearly | 1994 - 2027 |
| Central African Republic (XAF bn) | 395.219 2027 | yearly | 1988 - 2027 |
| Chad (XAF bn) | 1,494.017 2027 | yearly | 1995 - 2027 |
| Chile (CLP bn) | 84,593.530 2027 | yearly | 1990 - 2027 |
| China (RMB bn) | 57,711.343 2027 | yearly | 1982 - 2027 |
| Colombia (COP bn) | 571,821.857 2027 | yearly | 1982 - 2027 |
| Comoros (KMF bn) | 147.168 2027 | yearly | 1984 - 2027 |
| Congo (XAF bn) | 2,293.770 2027 | yearly | 1989 - 2027 |
| Costa Rica (CRC bn) | 9,871.976 2027 | yearly | 1990 - 2027 |
| Croatia (HRK bn) | 273.504 2027 | yearly | 1992 - 2027 |
| Cyprus (EUR bn) | 13.179 2027 | yearly | 1995 - 2027 |
| Czech Republic (CZK bn) | 3,519.055 2027 | yearly | 1995 - 2027 |
| Democratic Republic of Congo (CDF bn) | 37,636.856 2027 | yearly | 1996 - 2027 |
| Denmark (DKK bn) | 1,594.725 2027 | yearly | 1980 - 2027 |
| Djibouti (DJF bn) | 198.321 2027 | yearly | 1990 - 2027 |
| Dominica (XCD bn) | 1.004 2027 | yearly | 1990 - 2027 |
| Dominican Republic (DOP bn) | 1,628.554 2027 | yearly | 1997 - 2027 |
| Ecuador (USD bn) | 37.689 2021 | yearly | 1995 - 2021 |
| Egypt (EGP bn) | 3,795.815 2027 | yearly | 1999 - 2027 |
| El Salvador (SVC bn) | 12.741 2027 | yearly | 1990 - 2027 |
| Equatorial Guinea (XAF bn) | 976.516 2027 | yearly | 1980 - 2027 |
| Eritrea (ERN bn) | 17.767 2027 | yearly | 1992 - 2027 |
| Estonia (EUR bn) | 19.215 2027 | yearly | 1995 - 2027 |
| Swaziland (SZL bn) | 27.078 2028 | yearly | 1981 - 2028 |
| Ethiopia (ETB bn) | 3,036.736 2027 | yearly | 1980 - 2027 |
| Fiji (FJD bn) | 4.299 2027 | yearly | 1992 - 2027 |
| Finland (EUR bn) | 160.410 2027 | yearly | 1980 - 2027 |
| France (EUR bn) | 1,656.161 2027 | yearly | 1980 - 2027 |
| Gabon (XAF bn) | 2,356.514 2027 | yearly | 1990 - 2027 |
| Gambia (GMD bn) | 41.749 2027 | yearly | 2000 - 2027 |
| Georgia (GEL bn) | 28.966 2027 | yearly | 1995 - 2027 |
| Germany (EUR bn) | 2,154.451 2027 | yearly | 1991 - 2027 |
| Ghana (GHS bn) | 234.411 2027 | yearly | 1980 - 2027 |
| Greece (EUR bn) | 108.140 2027 | yearly | 1980 - 2027 |
| Grenada (XCD bn) | 1.091 2027 | yearly | 1990 - 2027 |
| Guatemala (GTQ bn) | 135.165 2027 | yearly | 1995 - 2027 |
| Guinea (GNF bn) | 70,733.076 2027 | yearly | 1990 - 2027 |
| Guinea-Bissau (GWP bn) | 299.258 2027 | yearly | 1991 - 2027 |
| Guyana (GYD bn) | 785.201 2027 | yearly | 1997 - 2027 |
| Haiti (HTG bn) | 502.483 2027 | yearly | 1997 - 2027 |
| Honduras (HNL bn) | 294.922 2027 | yearly | 1990 - 2027 |
| Hong Kong SAR, China (HKD bn) | 883.321 2028 | yearly | 1982 - 2028 |
| Hungary (HUF bn) | 38,014.445 2027 | yearly | 1995 - 2027 |
| Iceland (ISK bn) | 1,996.103 2027 | yearly | 1980 - 2027 |
| India (INR bn) | 128,079.075 2028 | yearly | 1989 - 2028 |
| Indonesia (IDR bn) | 4,632,886.626 2027 | yearly | 1993 - 2027 |
| Iran (IRR bn) | 48,431,375.310 2028 | yearly | 1991 - 2028 |
| Iraq (IQD bn) | 173,435.685 2027 | yearly | 2004 - 2027 |
| Ireland (EUR bn) | 132.588 2027 | yearly | 1980 - 2027 |
| Israel (ILS bn) | 845.278 2027 | yearly | 2000 - 2027 |
| Italy (EUR bn) | 1,074.503 2027 | yearly | 1988 - 2027 |
| Ivory Coast (XOF bn) | 11,225.434 2027 | yearly | 1997 - 2027 |
| Jamaica (JMD bn) | 896.290 2028 | yearly | 1991 - 2028 |
| Japan (JPY bn) | 224,526.788 2027 | yearly | 1980 - 2027 |
| Jordan (JOD bn) | 12.068 2027 | yearly | 1985 - 2027 |
| Kazakhstan (KZT bn) | 29,176.239 2027 | yearly | 2002 - 2027 |
| Kenya (KES bn) | 5,190.245 2027 | yearly | 1982 - 2027 |
| Kiribati (AUD bn) | 0.422 2027 | yearly | 1990 - 2027 |
| South Korea (KRW bn) | 684,811.974 2027 | yearly | 1995 - 2027 |
| Kosovo (EUR bn) | 3.434 2027 | yearly | 2000 - 2027 |
| Kuwait (KWD bn) | 24.751 2027 | yearly | 1990 - 2027 |
| Kyrgyzstan (KGS bn) | 466.818 2027 | yearly | 1995 - 2027 |
| Laos (LAK bn) | 50,372.610 2022 | yearly | 2000 - 2022 |
| Latvia (LVL bn) | 17.642 2027 | yearly | 1998 - 2027 |
| Lebanon (LBP bn) | 20,929.559 2020 | yearly | 1990 - 2020 |
| Lesotho (LSL bn) | 25.316 2028 | yearly | 1983 - 2028 |
| Liberia (LRD bn) | 1.478 2027 | yearly | 2000 - 2027 |
| Libya (LYD bn) | 128.771 2027 | yearly | 1990 - 2027 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -0.4 Mar 2022 | quarterly | Dec 2012 - Mar 2022 |
| Consolidated Fiscal Balance (USD mn) | -15.473 Apr 2022 | monthly | Jan 2012 - Apr 2022 |
| Tax Revenue (USD mn) | 144.737 Apr 2022 | monthly | Jan 2012 - Apr 2022 |
| Tax Revenue: % of GDP (%) | 29.2 Mar 2022 | quarterly | Mar 2012 - Mar 2022 |
| National Government Debt (USD mn) | 4,508.6 Mar 2022 | monthly | Dec 2010 - Mar 2022 |
| Government Debt: % of GDP (%) | 80.3 Mar 2022 | quarterly | Dec 2010 - Mar 2022 |
| Forecast: Government Expenditure (EUR bn) | 3.256 2027 | yearly | 2002 - 2027 |
| Forecast: Government Net Debt (EUR bn) | 6.024 2027 | yearly | 2002 - 2027 |
| Forecast: Government Revenue (EUR bn) | 2.803 2027 | yearly | 2002 - 2027 |
| General Government Revenue: Consolidated (EUR) | 181,994,151.280 Apr 2022 | monthly | Jan 2012 - Apr 2022 |
| General Govt Expenditure: Consolidated (EUR) | 196,316,924.420 Apr 2022 | monthly | Jan 2012 - Apr 2022 |
| General Govt Revenue: Cons: Taxes: Excises (EUR) | 19,259,652.580 Apr 2022 | monthly | Jan 2012 - Apr 2022 |
| General Govt Expenditure: Cons: ow Current (EUR) | 177,154,655.880 Apr 2022 | monthly | Jan 2012 - Apr 2022 |
| General Govt Balance: Consolidated: Deficit or Surplus (EUR) | -14,322,773.140 Apr 2022 | monthly | Jan 2012 - Apr 2022 |
| General Govt Revenue: Cons: Taxes (EUR) | 133,978,505.540 Apr 2022 | monthly | Jan 2012 - Apr 2022 |
| General Govt Revenue: Cons: Taxes: Value Added Tax (EUR) | 73,487,462.640 Apr 2022 | monthly | Jan 2012 - Apr 2022 |
| Gross General Government Debt: Domestic (EUR mn) | 393.210 Mar 2022 | monthly | Dec 2010 - Mar 2022 |
| Gross General Government Debt (EUR mn) | 4,064.400 Mar 2022 | monthly | Dec 2010 - Mar 2022 |
| Gross General Government External Debt (EUR mn) | 3,671.190 Mar 2022 | monthly | Dec 2010 - Mar 2022 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 2.053 2027 | yearly | 2003 - 2027 |
| Trade Balance (USD mn) | -227.3 Apr 2022 | monthly | Jan 2005 - Apr 2022 |
| Total Exports (USD mn) | 60.8 May 2022 | monthly | Jan 2005 - May 2022 |
| Total Exports Growth (%) | 92.4 Apr 2022 | monthly | Jan 2006 - Apr 2022 |
| Aluminum: Exports (USD th) | 64,427.184 2020 | yearly | 2008 - 2020 |
| Exports: Medicament (USD th) | 27,577.528 2020 | yearly | 2008 - 2020 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 35.218 2020 | yearly | 2008 - 2020 |
| Total Imports (USD mn) | 302.4 May 2022 | monthly | Jan 2005 - May 2022 |
| Total Imports Growth (%) | 38.9 May 2022 | monthly | Jan 2006 - May 2022 |
| Imports: Medicament (USD th) | 95,282.144 2020 | yearly | 2008 - 2020 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 37,610.169 2020 | yearly | 2008 - 2020 |
| Total Exports to USA (USD mn) | 0.284 Apr 2022 | monthly | Jan 2010 - Apr 2022 |
| Total Imports from USA (USD mn) | 4.055 May 2022 | monthly | Jan 2006 - May 2022 |
| Total Exports to China (USD mn) | 0.151 May 2022 | monthly | Jan 2010 - May 2022 |
| Total Imports from China (USD mn) | 27.508 May 2022 | monthly | Jan 2006 - May 2022 |
| Exports (EUR th) | 57,558.299 May 2022 | monthly | Jan 2005 - May 2022 |
| Imports (EUR th) | 286,165.952 May 2022 | monthly | Jan 2005 - May 2022 |
| Exports: Mineral Fuels, Lubricants & Related Materials (EUR th) | 17,044.429 May 2022 | monthly | Mar 2009 - May 2022 |
| Exports: Manufactured Goods (EUR th) | 17,980.124 May 2022 | monthly | Mar 2009 - May 2022 |
| Exports: Food & Live Animals (EUR th) | 2,443.298 May 2022 | monthly | Mar 2009 - May 2022 |
| Exports: Crude Materials: excl Fuels (EUR th) | 5,937.972 May 2022 | monthly | Mar 2009 - May 2022 |
| Exports: Machinery & Transport Equipment (EUR th) | 7,342.388 May 2022 | monthly | Mar 2009 - May 2022 |
| Exports: Europe: EU-28: Slovenia (EUR th) | 7,372.190 May 2022 | monthly | Mar 2009 - May 2022 |
| Exports: Europe: CEFTA: Serbia (EUR th) | 9,884.829 May 2022 | monthly | Mar 2009 - May 2022 |
| Imports: Manufactured Goods (EUR th) | 56,212.500 May 2022 | monthly | Mar 2009 - May 2022 |
| Imports: Food & Live Animals (EUR th) | 53,149.186 May 2022 | monthly | Mar 2009 - May 2022 |
| Imports: Machinery & Transport Equipment (EUR th) | 58,951.590 May 2022 | monthly | Mar 2009 - May 2022 |
| Imports: Mineral Fuels, Lubricants & Related Materials (EUR th) | 34,295.169 May 2022 | monthly | Mar 2009 - May 2022 |
| Imports: Miscellaneous Manufactured Goods (EUR th) | 36,707.423 Apr 2022 | monthly | Mar 2009 - Apr 2022 |
| Imports: Europe: EU-28: Greece (EUR th) | 20,062.891 May 2022 | monthly | Mar 2009 - May 2022 |
| Imports: Europe: CEFTA: Serbia (EUR th) | 52,621.943 May 2022 | monthly | Mar 2009 - May 2022 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Direct Investment Abroad (USD mn) | 4.4 Mar 2022 | quarterly | Mar 2005 - Mar 2022 |
| Current Account Balance (USD mn) | -206.3 Mar 2022 | quarterly | Mar 2004 - Mar 2022 |
| Current Account Balance: % of GDP (%) | -17.9 Mar 2022 | quarterly | Mar 2010 - Mar 2022 |
| Foreign Direct Investment (USD mn) | 187.3 Mar 2022 | quarterly | Mar 2005 - Mar 2022 |
| Foreign Direct Investment: % of GDP (%) | 16.3 Mar 2022 | quarterly | Mar 2010 - Mar 2022 |
| Foreign Portfolio Investment (USD mn) | -56.372 Mar 2022 | quarterly | Mar 2005 - Mar 2022 |
| Foreign Portfolio Investment: % of GDP (%) | -4.9 Mar 2022 | quarterly | Mar 2010 - Mar 2022 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | 185.9 Dec 2021 | quarterly | Mar 2007 - Dec 2021 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | 48.822 Dec 2021 | quarterly | Mar 2007 - Dec 2021 |
| External Debt (USD mn) | 9,722.7 2020 | yearly | 2006 - 2020 |
| External Debt: % of GDP (%) | 203.8 2020 | yearly | 2006 - 2020 |
| External Debt: Short Term (USD mn) | 316.3 2020 | yearly | 2007 - 2020 |
| External Debt: Short Term: % of GDP (%) | 6.6 2020 | yearly | 2007 - 2020 |
| Forecast: Current Account Balance (USD bn) | -1.054 2027 | yearly | 2001 - 2027 |
| BoP: Financial Account: Change in Central Bank Reserves (EUR th) | -9,057.098 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: Current Account: Goods: Export (EUR th) | 120,372.138 Dec 2018 | quarterly | Mar 2010 - Dec 2018 |
| Foreign Direct Investment: Flow: Russian Federation (EUR) | 164,526,989.970 2021 | yearly | 2001 - 2021 |
| Foreign Direct Investment: Flow: Serbia (EUR) | 75,953,086.230 2021 | yearly | 2002 - 2021 |
| Foreign Direct Investment: Flow: Switzerland (EUR) | 78,865,715.780 2021 | yearly | 2001 - 2021 |
| Foreign Direct Investment: Flow: Slovenia (EUR) | 10,149,239.710 2021 | yearly | 2001 - 2021 |
| Foreign Direct Investment: Flow: Italy (EUR) | 89,717,483.530 2021 | yearly | 2001 - 2021 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 6.5 Mar 2022 | monthly | Aug 2010 - Mar 2022 |
| Household Debt: % of GDP (%) | 28.9 Mar 2022 | quarterly | Dec 2010 - Mar 2022 |
| Non-Performing Loans (USD mn) | 248.117 Mar 2022 | monthly | Dec 2010 - Mar 2022 |
| M2 Growth (%) | -3.7 2020 | yearly | 2003 - 2020 |
| Reserve Requirement Ratio (%) | 5.5 Jul 2022 | monthly | Jan 2002 - Jul 2022 |
| Foreign Exchange Reserves (USD mn) | 1,609.0 May 2022 | monthly | Dec 2002 - May 2022 |
| Foreign Exchange Reserves: % of GDP (%) | 29.712 Mar 2022 | quarterly | Dec 2010 - Mar 2022 |
| Foreign Exchange Reserves: Months of Import (NA) | 5.3 May 2022 | monthly | Jan 2005 - May 2022 |
| Gold Reserves (USD mn) | 0.000 May 2022 | monthly | Dec 2002 - May 2022 |
| Total Deposits (USD mn) | 4,713.374 May 2022 | monthly | Jan 2003 - May 2022 |
| Total Deposits Growth (%) | 22.2 May 2022 | monthly | Jan 2004 - May 2022 |
| Domestic Credit (USD mn) | 3,213.3 May 2022 | monthly | Jan 2005 - May 2022 |
| Domestic Credit Growth (%) | 15.6 May 2022 | monthly | Jan 2006 - May 2022 |
| Household Debt (USD mn) | 1,606.4 May 2022 | monthly | Dec 2004 - May 2022 |
| Total Loans (USD mn) | 3,820.826 May 2022 | monthly | Jan 2003 - May 2022 |
| Total Loans Growth (%) | 7.18 May 2022 | monthly | Jan 2004 - May 2022 |
| Private Debt: % of Nominal GDP (%) | 52.83 Mar 2022 | quarterly | Dec 2010 - Mar 2022 |
| 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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