Montenegro Private Consumption: % of GDP
2010 - 2024 | Quarterly | % | CEIC Data
Key information about Montenegro Private Consumption: % of GDP
- Montenegro Private Consumption accounted for 84.1 % of its Nominal GDP in Dec 2024, compared with a ratio of 63.1 % in the previous quarter.
- Montenegro Private Consumption contribution to Nominal GDP ratio is updated quarterly, available from Mar 2010 to Dec 2024, with an average share of 83.1 %.
- The data reached an all-time high of 93.9 % in Mar 2012 and a record low of 53.4 % in Sep 2019.
CEIC calculates Private Consumption as % of Nominal GDP from quarterly Private Consumption Expenditure and quarterly Nominal GDP. The Statistical Office of Montenegro provides Private Consumption Expenditure in EUR and Nominal GDP in EUR.
Related information about Montenegro Private Consumption: % of GDP
- In the latest reports, Montenegro GDP expanded 2.6 % YoY in Sep 2024.
- Its Nominal GDP reached 1.3 USD bn in Mar 2023.
- Montenegro GDP Per Capita reached 9,464.2 USD in Dec 2021.
- Its Gross Savings Rate was measured at -5.1 % in Dec 2024.
View Montenegro's Private Consumption: % of GDP from Mar 2010 to Dec 2024 in the chart:
What was Montenegro's Private Consumption: % of GDP in Dec 2024?
Montenegro Private Consumption accounted for 84.1 % of its Nominal GDP in Dec 2024, compared with a ratio of 63.1 % in the previous quarter. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 84.1 Dec 2024 | 63.1 Sep 2024 | 53.4 Sep 2019 | 93.9 Mar 2012 | % | quarterly | Mar 2010 - Dec 2024 |
Private Consumption: % of GDP by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 73.3 Sep 2022 | quarterly | Mar 2008 - Sep 2022 |
| Algeria (%) | 41.2 2023 | yearly | 1950 - 2023 |
| Argentina (%) | 66.8 Sep 2024 | quarterly | Mar 1993 - Sep 2024 |
| Armenia (%) | 58.7 Dec 2024 | quarterly | Dec 1994 - Dec 2024 |
| Australia (%) | 51.6 Dec 2024 | quarterly | Sep 1959 - Dec 2024 |
| Austria (%) | 52.9 Dec 2024 | quarterly | Mar 1988 - Dec 2024 |
| Azerbaijan (%) | 44.0 Sep 2022 | quarterly | Mar 2001 - Sep 2022 |
| Bahrain (%) | 38.9 2023 | yearly | 1975 - 2023 |
| Bangladesh (%) | 70.1 2024 | yearly | 1973 - 2024 |
| Belarus (%) | 55.4 Sep 2024 | quarterly | Mar 1994 - Sep 2024 |
| Belgium (%) | 51.5 Dec 2024 | quarterly | Mar 1980 - Dec 2024 |
| Bolivia (%) | 65.7 Sep 2024 | quarterly | Mar 1990 - Sep 2024 |
| Bosnia and Herzegovina (%) | 58.7 Sep 2024 | quarterly | Mar 2008 - Sep 2024 |
| Botswana (%) | 46.3 Sep 2024 | quarterly | Mar 2006 - Sep 2024 |
| Brazil (%) | 63.8 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| Brunei (%) | 29.9 Dec 2024 | quarterly | Mar 2004 - Dec 2024 |
| Bulgaria (%) | 62.6 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
| Cambodia (%) | 60.0 2022 | yearly | 1993 - 2022 |
| Canada (%) | 55.2 Dec 2024 | quarterly | Mar 1961 - Dec 2024 |
| Chile (%) | 65.2 Sep 2022 | quarterly | Mar 1996 - Sep 2022 |
| China (%) | 39.6 2023 | yearly | 1952 - 2023 |
| Colombia (%) | 72.8 Dec 2024 | quarterly | Mar 2005 - Dec 2024 |
| Croatia (%) | 61.7 Dec 2024 | quarterly | Mar 1995 - Dec 2024 |
| Cyprus (%) | 60.8 Dec 2024 | quarterly | Mar 1995 - Dec 2024 |
| Czech Republic (%) | 45.9 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
| Denmark (%) | 44.3 Dec 2024 | quarterly | Mar 1990 - Dec 2024 |
| Ecuador (%) | 63.1 Mar 2023 | quarterly | Mar 1991 - Mar 2023 |
| Egypt (%) | 97.7 Sep 2024 | quarterly | Sep 2001 - Sep 2024 |
| Estonia (%) | 52.5 Dec 2024 | quarterly | Mar 1993 - Dec 2024 |
| European Union (%) | 51.9 Dec 2024 | quarterly | Mar 1995 - Dec 2024 |
| Finland (%) | 49.9 Dec 2024 | quarterly | Mar 1975 - Dec 2024 |
| France (%) | 54.3 Dec 2024 | quarterly | Mar 1980 - Dec 2024 |
| Georgia (%) | 65.1 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| Germany (%) | 53.0 Dec 2024 | quarterly | Mar 1991 - Dec 2024 |
| Ghana (%) | 84.1 2024 | yearly | 2006 - 2024 |
| Greece (%) | 66.1 Dec 2024 | quarterly | Mar 1995 - Dec 2024 |
| Hong Kong SAR, China (%) | 66.8 Dec 2024 | quarterly | Mar 1973 - Dec 2024 |
| Hungary (%) | 50.3 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
| Iceland (%) | 50.4 Dec 2024 | quarterly | Mar 1995 - Dec 2024 |
| India (%) | 64.8 Dec 2024 | quarterly | Jun 1996 - Dec 2024 |
| Indonesia (%) | 55.1 Dec 2024 | quarterly | Mar 1993 - Dec 2024 |
| Iran (%) | 45.2 Mar 2022 | quarterly | Jun 1988 - Mar 2022 |
| Ireland (%) | 30.8 Dec 2024 | quarterly | Mar 1995 - Dec 2024 |
| Israel (%) | 47.8 Dec 2024 | quarterly | Mar 1995 - Dec 2024 |
| Italy (%) | 58.6 Dec 2022 | quarterly | Mar 1980 - Dec 2022 |
| Ivory Coast (%) | 65.8 2023 | yearly | 1960 - 2023 |
| Japan (%) | 53.0 Dec 2024 | quarterly | Mar 1980 - Dec 2024 |
| Jordan (%) | 78.7 2023 | yearly | 1962 - 2023 |
| Kazakhstan (%) | 46.5 Sep 2022 | quarterly | Mar 1994 - Sep 2022 |
| Kenya (%) | 76.2 2023 | yearly | 1969 - 2023 |
| South Korea (%) | 47.7 Dec 2024 | quarterly | Mar 1960 - Dec 2024 |
| Kosovo (%) | 72.5 Sep 2022 | quarterly | Mar 2010 - Sep 2022 |
| Kuwait (%) | 32.6 2022 | yearly | 1962 - 2022 |
| Kyrgyzstan (%) | 79.1 Sep 2023 | quarterly | Mar 2000 - Sep 2023 |
| Laos (%) | 64.4 2016 | yearly | 2000 - 2016 |
| Latvia (%) | 55.7 Dec 2024 | quarterly | Mar 1995 - Dec 2024 |
| Lebanon (%) | 118.8 2021 | yearly | 1990 - 2021 |
| Lithuania (%) | 60.7 Dec 2022 | quarterly | Mar 1993 - Dec 2022 |
| Luxembourg (%) | 31.2 Sep 2022 | quarterly | Mar 1995 - Sep 2022 |
| Macau SAR, China (%) | 28.2 Dec 2024 | quarterly | Mar 1998 - Dec 2024 |
| North Macedonia (%) | 67.1 Dec 2022 | quarterly | Mar 2000 - Dec 2022 |
| Malawi (%) | 79.2 2019 | yearly | 1960 - 2019 |
| Malaysia (%) | 59.7 Dec 2024 | quarterly | Mar 1991 - Dec 2024 |
| Malta (%) | 47.8 Dec 2024 | quarterly | Mar 1992 - Dec 2024 |
| Mauritius (%) | 66.7 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
| Mexico (%) | 70.9 Sep 2024 | quarterly | Mar 1993 - Sep 2024 |
| Moldova (%) | 88.2 Dec 2024 | quarterly | Mar 1995 - Dec 2024 |
| Mongolia (%) | 46.2 Dec 2024 | quarterly | Mar 2010 - Dec 2024 |
| Montenegro (%) | 84.1 Dec 2024 | quarterly | Mar 2010 - Dec 2024 |
| Morocco (%) | 62.2 Sep 2024 | quarterly | Mar 2007 - Sep 2024 |
| Mozambique (%) | 78.0 2023 | yearly | 1969 - 2022 |
| Nepal (%) | 86.1 2024 | yearly | 1975 - 2024 |
| Netherlands (%) | 42.0 Dec 2024 | quarterly | Mar 1977 - Dec 2024 |
| New Zealand (%) | 59.9 Sep 2024 | quarterly | Jun 1987 - Sep 2024 |
| Nigeria (%) | 61.2 2023 | yearly | 1981 - 2023 |
| Norway (%) | 39.1 Dec 2024 | quarterly | Mar 1978 - Dec 2024 |
| Oman (%) | 37.8 2023 | yearly | 1980 - 2023 |
| Pakistan (%) | 85.2 2024 | yearly | 1967 - 2024 |
| Palestinian Territory (%) | 97.4 Sep 2024 | quarterly | Mar 2011 - Sep 2024 |
| Panama (%) | 48.7 2022 | yearly | 1996 - 2022 |
| Paraguay (%) | 68.6 Sep 2024 | quarterly | Mar 1994 - Sep 2024 |
| Peru (%) | 58.0 Dec 2024 | quarterly | Mar 1980 - Dec 2024 |
| Philippines (%) | 75.6 Dec 2024 | quarterly | Mar 1981 - Dec 2024 |
| Poland (%) | 51.3 Dec 2024 | quarterly | Mar 1995 - Dec 2024 |
| Portugal (%) | 64.1 Dec 2024 | quarterly | Mar 1995 - Dec 2024 |
| Qatar (%) | 20.6 Dec 2022 | quarterly | Mar 2013 - Dec 2022 |
| Romania (%) | 65.6 Dec 2024 | quarterly | Mar 1995 - Dec 2024 |
| Russia (%) | 50.8 Sep 2024 | quarterly | Mar 1993 - Sep 2024 |
| Saudi Arabia (%) | 41.7 Dec 2024 | quarterly | Mar 2003 - Dec 2024 |
| Serbia (%) | 66.2 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
| Singapore (%) | 31.5 2024 | yearly | 1960 - 2024 |
| Slovakia (%) | 61.9 Dec 2022 | quarterly | Mar 1993 - Dec 2022 |
| Slovenia (%) | 53.3 Dec 2024 | quarterly | Mar 1995 - Dec 2024 |
| South Africa (%) | 67.3 Dec 2024 | quarterly | Mar 1960 - Dec 2024 |
| Spain (%) | 54.5 Dec 2024 | quarterly | Mar 1980 - Dec 2024 |
| Sri Lanka (%) | 73.3 Sep 2024 | quarterly | Mar 2010 - Sep 2024 |
| Sudan (%) | 77.8 2016 | yearly | 1976 - 2016 |
| Sweden (%) | 43.4 Dec 2024 | quarterly | Mar 1980 - Dec 2024 |
| Switzerland (%) | 51.2 Dec 2024 | quarterly | Mar 1980 - Dec 2024 |
| Syria (%) | 114.8 2022 | yearly | 1970 - 2022 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -2.9 Dec 2024 | quarterly | Dec 2012 - Dec 2024 |
| Consolidated Fiscal Balance (USD mn) | 2.142 Jan 2025 | monthly | Jan 2012 - Jan 2025 |
| Tax Revenue (USD mn) | 137.427 Jan 2025 | monthly | Jan 2012 - Jan 2025 |
| Tax Revenue: % of GDP (%) | 24.9 Dec 2024 | quarterly | Mar 2012 - Dec 2024 |
| National Government Debt (USD mn) | 4,906.6 Sep 2024 | monthly | Dec 2010 - Sep 2024 |
| Government Debt: % of GDP (%) | 59.8 Sep 2024 | quarterly | Dec 2010 - Sep 2024 |
| Forecast: Government Expenditure (EUR bn) | 4.457 2029 | yearly | 2002 - 2029 |
| Forecast: Government Net Debt (EUR bn) | 6.678 2029 | yearly | 2002 - 2029 |
| Forecast: Government Revenue (EUR bn) | 3.919 2029 | yearly | 2002 - 2029 |
| 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 Government Revenue: Consolidated (EUR) | 156,245,213.220 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 |
| General Govt Revenue: Cons: Taxes (EUR) | 132,702,629.510 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) | -202.9 Jan 2025 | monthly | Jan 2005 - Jan 2025 |
| Total Exports (USD mn) | 44.8 Jan 2025 | monthly | Jan 2005 - Jan 2025 |
| Total Exports Growth (%) | -6.4 Jan 2025 | monthly | Jan 2006 - Jan 2025 |
| Aluminum: Exports (USD th) | 77,568.321 2023 | yearly | 2008 - 2023 |
| Exports: Medicament (USD th) | 44,798.671 2023 | yearly | 2008 - 2023 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 633.030 2023 | yearly | 2008 - 2023 |
| Total Imports (USD mn) | 247.7 Jan 2025 | monthly | Jan 2005 - Jan 2025 |
| Total Imports Growth (%) | 4.5 Jan 2025 | monthly | Jan 2006 - Jan 2025 |
| Imports: Medicament (USD th) | 145,430.350 2023 | yearly | 2008 - 2023 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 61,662.231 2023 | yearly | 2008 - 2023 |
| Total Exports to USA (USD mn) | 0.326 Jan 2025 | monthly | Jan 2010 - Jan 2025 |
| Total Imports from USA (USD mn) | 2.017 Jan 2025 | monthly | Jan 2006 - Jan 2025 |
| Total Exports to China (USD mn) | 3.566 Jan 2025 | monthly | Jan 2010 - Jan 2025 |
| Total Imports from China (USD mn) | 34.395 Jan 2025 | monthly | Jan 2006 - Jan 2025 |
| Exports (EUR th) | 43,261.759 Jan 2025 | monthly | Jan 2005 - Jan 2025 |
| Imports (EUR th) | 239,198.143 Jan 2025 | monthly | Jan 2005 - Jan 2025 |
| Exports: Machinery & Transport Equipment (EUR th) | 4,114.756 Jan 2025 | monthly | Mar 2009 - Jan 2025 |
| Exports: Mineral Fuels, Lubricants & Related Materials (EUR th) | 17,843.445 Jan 2025 | monthly | Mar 2009 - Jan 2025 |
| Exports: Crude Materials: excl Fuels (EUR th) | 8,770.757 Jan 2025 | monthly | Mar 2009 - Jan 2025 |
| Exports: Manufactured Goods (EUR th) | 2,535.662 Jan 2025 | monthly | Mar 2009 - Jan 2025 |
| Exports: Food & Live Animals (EUR th) | 3,441.716 Jan 2025 | monthly | Mar 2009 - Jan 2025 |
| Exports: Europe: EU-28: Slovenia (EUR th) | 2,689.830 Jan 2025 | monthly | Mar 2009 - Jan 2025 |
| Exports: Europe: CEFTA: Serbia (EUR th) | 9,140.412 Jan 2025 | monthly | Mar 2009 - Jan 2025 |
| Imports: Miscellaneous Manufactured Goods (EUR th) | 31,422.492 Jan 2025 | monthly | Mar 2009 - Jan 2025 |
| Imports: Food & Live Animals (EUR th) | 45,073.913 Jan 2025 | monthly | Mar 2009 - Jan 2025 |
| Imports: Machinery & Transport Equipment (EUR th) | 59,371.661 Jan 2025 | monthly | Mar 2009 - Jan 2025 |
| Imports: Manufactured Goods (EUR th) | 33,949.824 Jan 2025 | monthly | Mar 2009 - Jan 2025 |
| Imports: Mineral Fuels, Lubricants & Related Materials (EUR th) | 25,395.451 Jan 2025 | monthly | Mar 2009 - Jan 2025 |
| Imports: Europe: CEFTA: Serbia (EUR th) | 39,313.863 Jan 2025 | monthly | Mar 2009 - Jan 2025 |
| Imports: Europe: EU-28: Greece (EUR th) | 15,355.588 Jan 2025 | monthly | Mar 2009 - Jan 2025 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Direct Investment Abroad (USD mn) | 12.7 Dec 2024 | quarterly | Mar 2005 - Dec 2024 |
| Current Account Balance (USD mn) | -278.9 Mar 2023 | quarterly | Mar 2004 - Mar 2023 |
| Current Account Balance: % of GDP (%) | -27.0 Dec 2024 | quarterly | Mar 2010 - Dec 2024 |
| Foreign Direct Investment (USD mn) | 138.0 Dec 2024 | quarterly | Mar 2005 - Dec 2024 |
| Foreign Direct Investment: % of GDP (%) | 6.8 Dec 2024 | quarterly | Mar 2010 - Dec 2024 |
| Foreign Portfolio Investment (USD mn) | -35.868 Dec 2024 | quarterly | Mar 2005 - Dec 2024 |
| Foreign Portfolio Investment: % of GDP (%) | -1.8 Dec 2024 | quarterly | Mar 2010 - Dec 2024 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | 137.6 Sep 2024 | quarterly | Mar 2007 - Sep 2024 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | 17.205 Sep 2024 | quarterly | Mar 2007 - Sep 2024 |
| External Debt (USD mn) | 8,616.5 2023 | yearly | 2006 - 2023 |
| External Debt: % of GDP (%) | 141.5 2022 | yearly | 2006 - 2022 |
| External Debt: Short Term (USD mn) | 198.7 2022 | yearly | 2007 - 2022 |
| External Debt: Short Term: % of GDP (%) | 3.2 2022 | yearly | 2007 - 2022 |
| Forecast: Current Account Balance (USD bn) | -1.492 2029 | yearly | 2001 - 2029 |
| 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: Slovenia (EUR) | 9,478,424.000 2023 | yearly | 2001 - 2023 |
| Foreign Direct Investment: Flow: Switzerland (EUR) | 65,139,405.970 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 |
| Foreign Direct Investment: Flow: Russian Federation (EUR) | 112,506,571.770 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 (%) | 26.4 Dec 2024 | quarterly | Dec 2010 - Dec 2024 |
| Non-Performing Loans (USD mn) | 218.559 Nov 2022 | monthly | Dec 2010 - Nov 2022 |
| M2 Growth (%) | 12.0 2023 | yearly | 2003 - 2023 |
| Reserve Requirement Ratio (%) | 5.5 Feb 2025 | monthly | Jan 2002 - Feb 2025 |
| Foreign Exchange Reserves (USD mn) | 1,395.0 Jan 2025 | monthly | Dec 2002 - Jan 2025 |
| Foreign Exchange Reserves: % of GDP (%) | 20.204 Dec 2024 | quarterly | Dec 2010 - Dec 2024 |
| Foreign Exchange Reserves: Months of Import (NA) | 5.6 Jan 2025 | monthly | Jan 2005 - Jan 2025 |
| Gold Reserves (USD mn) | 0.000 Jan 2025 | monthly | Dec 2002 - Jan 2025 |
| Total Deposits (USD mn) | 5,942.815 Jan 2025 | monthly | Jan 2003 - Jan 2025 |
| Total Deposits Growth (%) | 5.9 Jan 2025 | monthly | Jan 2004 - Jan 2025 |
| Domestic Credit (USD mn) | 3,817.3 Jan 2025 | monthly | Jan 2005 - Jan 2025 |
| Domestic Credit Growth (%) | 4.2 Jan 2025 | monthly | Jan 2006 - Jan 2025 |
| Household Debt (USD mn) | 2,075.8 Jan 2025 | monthly | Dec 2004 - Jan 2025 |
| Total Loans (USD mn) | 4,915.298 Jan 2025 | monthly | Jan 2003 - Jan 2025 |
| Total Loans Growth (%) | 13.28 Jan 2025 | monthly | Jan 2004 - Jan 2025 |
| Private Debt: % of Nominal GDP (%) | 46.08 Dec 2024 | quarterly | Dec 2010 - Dec 2024 |
| 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 |
More Indicators for Montenegro
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