Montenegro Private Consumption: % of GDP

Key information about Montenegro Private Consumption: % of GDP

• Montenegro Private Consumption accounted for 79.3 % of its Nominal GDP in Dec 2023, compared with a ratio of 60.2 % in the previous quarter.
• Montenegro Private Consumption contribution to Nominal GDP ratio is updated quarterly, available from Mar 2010 to Dec 2023, with an average share of 83.3 %.
• 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 4.3 % YoY in Dec 2023.
• 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 -0.9 % in Dec 2023.

View Montenegro's Private Consumption: % of GDP from Mar 2010 to Dec 2023 in the chart:

What was Montenegro's Private Consumption: % of GDP in Dec 2023?

Montenegro Private Consumption accounted for 79.3 % of its Nominal GDP in Dec 2023, compared with a ratio of 60.2 % in the previous quarter. See the table below for more data.

Last	Previous	Min	Max	Unit	Frequency	Range
79.3 Dec 2023	60.2 Sep 2023	53.4 Sep 2019	93.9 Mar 2012	%	quarterly	Mar 2010 - Dec 2023

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