Montenegro Total Imports Growth
Key information about Montenegro Total Imports Growth
- Montenegro Total Imports grew 10.0 % YoY in Dec 2025, compared with a decrease of 7.3 % YoY in the previous month
- Montenegro Total Imports Growth data is updated monthly, available from Jan 2006 to Dec 2025, with an averaged rate of 4.9 %
- The data reached an all-time high of 83.1 % in Feb 2006 and a record low of -43.9 % in Jun 2009
CEIC calculates Total Imports Growth from monthly Total Imports. The Statistical Office of Montenegro provides Total Imports, CIF, in EUR.
Further information about Montenegro Total Imports Growth
- In the latest reports, Montenegro Total Imports recorded 459.2 USD mn in Dec 2025
- Total Exports reached 75.7 USD mn in Dec 2025, which registered a decrease of 5.4 % year on year
- Montenegro Trade Balance recorded a deficit of 383.5 USD mn in Dec 2025
View Montenegro's Total Imports Growth from Jan 2006 to Dec 2025 in the chart:
What was Montenegro's Total Imports Growth in Dec 2025?
Montenegro Total Imports grew 10.0 % YoY in Dec 2025, compared with a decrease of 7.3 % YoY in the previous month See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 10.0 Dec 2025 | 7.3 Nov 2025 | -43.9 Jun 2009 | 83.1 Feb 2006 | % | monthly | Jan 2006 - Dec 2025 |
Total Imports Growth by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | -4.0 Jan 2026 | monthly | Jan 2006 - Jan 2026 |
| Algeria (%) | -15.4 Dec 2020 | monthly | Jan 2001 - Dec 2020 |
| Argentina (%) | -9.0 Jan 2026 | monthly | Jan 1992 - Jan 2026 |
| Armenia (%) | 31.0 Dec 2025 | monthly | Jan 2001 - Dec 2025 |
| Australia (%) | 5.7 Dec 2025 | monthly | Jul 1972 - Dec 2025 |
| Austria (%) | 1.2 Nov 2025 | monthly | Jan 1954 - Nov 2025 |
| Azerbaijan (%) | -36.5 Jan 2026 | monthly | Jan 2001 - Jan 2026 |
| Bahrain (%) | 17.1 Dec 2025 | quarterly | Mar 2019 - Dec 2025 |
| Bangladesh (%) | -2.0 Dec 2025 | monthly | Jul 1987 - Dec 2025 |
| Belarus (%) | 15.3 Dec 2025 | monthly | Jan 2001 - Dec 2025 |
| Belgium (%) | -6.9 Nov 2025 | monthly | Jan 1994 - Nov 2025 |
| Bolivia (%) | -4.2 Dec 2025 | monthly | Jan 2001 - Dec 2025 |
| Bosnia and Herzegovina (%) | -15.6 Jan 2026 | monthly | Jan 2001 - Jan 2026 |
| Botswana (%) | -22.5 Dec 2025 | monthly | Jan 2004 - Dec 2025 |
| Brazil (%) | -9.8 Jan 2026 | monthly | Jan 1960 - Jan 2026 |
| Brunei (%) | 27.7 Dec 2025 | monthly | Jan 2011 - Dec 2025 |
| Bulgaria (%) | 5.2 Nov 2025 | monthly | Jan 2001 - Nov 2025 |
| Cambodia (%) | 25.7 Dec 2025 | quarterly | Mar 2011 - Dec 2025 |
| Canada (%) | -0.7 Nov 2025 | monthly | Jan 1989 - Nov 2025 |
| Chile (%) | -3.1 Jan 2026 | monthly | Jan 2004 - Jan 2026 |
| China (%) | 20.8 Oct 2021 | monthly | May 2009 - Oct 2021 |
| Colombia (%) | 0.3 Nov 2025 | monthly | Jan 1981 - Nov 2025 |
| Croatia (%) | 1,211.3 Dec 2025 | monthly | Jan 1998 - Dec 2025 |
| Cyprus (%) | -13.1 Dec 2025 | monthly | Jan 2001 - Dec 2025 |
| Czech Republic (%) | 6.9 Dec 2025 | monthly | Jan 1997 - Dec 2025 |
| Denmark (%) | 0.9 Dec 2025 | monthly | Jan 1998 - Dec 2025 |
| Ecuador (%) | 10.4 Dec 2025 | monthly | Jan 1958 - Dec 2025 |
| Egypt (%) | 19.6 Nov 2025 | monthly | Jul 1995 - Nov 2025 |
| Estonia (%) | 4.1 Dec 2025 | monthly | Jan 1994 - Dec 2025 |
| European Union (%) | -0.1 Dec 2025 | monthly | Jan 2003 - Dec 2025 |
| Finland (%) | 5.7 Nov 2025 | monthly | Jan 2000 - Nov 2025 |
| France (%) | 4.0 Dec 2025 | monthly | Jan 2001 - Dec 2025 |
| Georgia (%) | -33.7 Jan 2026 | monthly | Jan 1996 - Jan 2026 |
| Germany (%) | 5.6 Dec 2025 | monthly | Jan 1951 - Dec 2025 |
| Ghana (%) | -1.4 Dec 2025 | monthly | Mar 2006 - Dec 2025 |
| Greece (%) | 1.5 Dec 2025 | monthly | Jan 2003 - Dec 2025 |
| Hong Kong SAR, China (%) | 38.1 Jan 2026 | monthly | Jan 1953 - Jan 2026 |
| Hungary (%) | -0.6 Dec 2025 | monthly | Jan 2003 - Dec 2025 |
| Iceland (%) | -27.0 Jan 2026 | monthly | Jan 1989 - Jan 2026 |
| India (%) | 25.5 Jan 2026 | monthly | Jan 1958 - Jan 2026 |
| Indonesia (%) | 18.2 Jan 2026 | monthly | Jan 2009 - Jan 2026 |
| Iran (%) | 8.2 2025 | yearly | 1980 - 2025 |
| Ireland (%) | 8.3 Dec 2025 | monthly | Jan 1971 - Dec 2025 |
| Israel (%) | -7.8 Dec 2025 | monthly | Jan 1981 - Dec 2025 |
| Italy (%) | 3.4 Dec 2025 | monthly | Jan 1992 - Dec 2025 |
| Ivory Coast (%) | -16.3 Nov 2025 | monthly | Jan 2012 - Nov 2025 |
| Japan (%) | 2.3 Jan 2026 | monthly | Apr 1996 - Jan 2026 |
| Jordan (%) | -12.9 Dec 2025 | monthly | Jan 1973 - Dec 2025 |
| Kazakhstan (%) | 25.4 Dec 2025 | monthly | Sep 1996 - Dec 2025 |
| Kenya (%) | 12.8 Dec 2025 | monthly | Aug 1999 - Dec 2025 |
| South Korea (%) | 7.5 Feb 2026 | monthly | Jan 1967 - Feb 2026 |
| Kosovo (%) | -10.1 Jan 2026 | monthly | Jan 2004 - Jan 2026 |
| Kuwait (%) | 2.6 Sep 2025 | monthly | Jan 1993 - Sep 2025 |
| Kyrgyzstan (%) | 14.7 Dec 2025 | monthly | Jan 2004 - Dec 2025 |
| Laos (%) | 22.0 Dec 2025 | quarterly | Mar 2005 - Dec 2025 |
| Latvia (%) | 0.3 Dec 2025 | monthly | Jan 1996 - Dec 2025 |
| Lebanon (%) | 43.3 Dec 2025 | monthly | Jan 1994 - Dec 2025 |
| Lithuania (%) | 1.0 Dec 2025 | monthly | Jan 2000 - Dec 2025 |
| Luxembourg (%) | -1.3 Sep 2025 | monthly | Jan 1989 - Sep 2025 |
| Macau SAR, China (%) | 0.7 Oct 2025 | monthly | Jan 2001 - Oct 2025 |
| North Macedonia (%) | 20.4 Dec 2025 | monthly | Jan 2003 - Dec 2025 |
| Malawi (%) | 27.6 Dec 2025 | monthly | Jan 1995 - Dec 2025 |
| Malaysia (%) | 3.4 Jan 2026 | monthly | Jan 1991 - Jan 2026 |
| Malta (%) | -15.3 Dec 2025 | monthly | Oct 1995 - Dec 2025 |
| Mauritius (%) | -4.1 Dec 2025 | monthly | Jan 2007 - Dec 2025 |
| Mexico (%) | 12.3 Dec 2025 | monthly | Jan 1994 - Dec 2025 |
| Moldova (%) | 30.1 Dec 2025 | monthly | Jan 2006 - Dec 2025 |
| Mongolia (%) | -12.6 Jan 2026 | monthly | Jan 1998 - Jan 2026 |
| Montenegro (%) | 10.0 Dec 2025 | monthly | Jan 2006 - Dec 2025 |
| Morocco (%) | 0.3 Jan 2026 | monthly | Jan 1997 - Jan 2026 |
| Mozambique (%) | -3.9 Jun 2025 | monthly | Jan 2012 - Jun 2025 |
| Myanmar (%) | 38.4 Jul 2022 | monthly | Jul 2011 - Jul 2022 |
| Nepal (%) | 7.4 Jan 2026 | monthly | Aug 2004 - Jan 2026 |
| Netherlands (%) | -0.0 Nov 2025 | monthly | Jan 1997 - Nov 2025 |
| New Zealand (%) | 1.9 Jan 2026 | monthly | Jan 1961 - Jan 2026 |
| Nigeria (%) | 2.5 Jun 2025 | monthly | Jan 2004 - Jun 2025 |
| Norway (%) | -8.0 Jan 2026 | monthly | Jan 1977 - Jan 2026 |
| Oman (%) | 38.0 Sep 2025 | monthly | Jan 1976 - Sep 2025 |
| Pakistan (%) | 15.1 Dec 2025 | monthly | Dec 1988 - Dec 2025 |
| Palestinian Territory (%) | 15.4 Dec 2025 | monthly | Jan 2012 - Dec 2025 |
| Panama (%) | 13.3 Dec 2025 | monthly | Jan 2001 - Dec 2025 |
| Paraguay (%) | 1.4 Jan 2026 | monthly | Jan 1995 - Jan 2026 |
| Peru (%) | 16.4 Dec 2025 | monthly | Jan 1986 - Dec 2025 |
| Philippines (%) | -3.1 Jan 2026 | monthly | Jan 1980 - Jan 2026 |
| Poland (%) | 6.3 Dec 2025 | monthly | Jan 2001 - Dec 2025 |
| Portugal (%) | -2.7 Dec 2025 | monthly | Jan 1994 - Dec 2025 |
| Qatar (%) | 0.6 Dec 2025 | monthly | Jan 1999 - Dec 2025 |
| Romania (%) | -0.4 Dec 2025 | monthly | Jan 2004 - Dec 2025 |
| Russia (%) | 8.3 Dec 2025 | monthly | Jan 1999 - Dec 2025 |
| Saudi Arabia (%) | 2.4 Dec 2025 | monthly | Jan 2006 - Dec 2025 |
| Serbia (%) | 17.6 Dec 2025 | monthly | Jan 2002 - Dec 2025 |
| Singapore (%) | 14.9 Jan 2026 | monthly | Jan 1965 - Jan 2026 |
| Slovakia (%) | -0.5 Dec 2025 | monthly | Jan 2005 - Dec 2025 |
| Slovenia (%) | -0.9 Dec 2025 | monthly | Jan 1997 - Dec 2025 |
| South Africa (%) | -11.5 Jan 2026 | monthly | Oct 2005 - Jan 2026 |
| Spain (%) | 6.1 Dec 2025 | monthly | Jan 1977 - Dec 2025 |
| Sri Lanka (%) | 1.0 Jan 2026 | monthly | Jan 1983 - Jan 2026 |
| Sudan (%) | 36.2 Sep 2025 | monthly | Jan 2004 - Sep 2025 |
| Sweden (%) | -7.4 Jan 2026 | monthly | Jan 1976 - Jan 2026 |
| Switzerland (%) | -6.0 Jan 2026 | monthly | Jan 1989 - Jan 2026 |
Accurate Macro & Micro Economic Data You Can Trust
Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.
Learn more about what we doMontenegro Key Series
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -5.1 Sep 2025 | quarterly | Dec 2012 - Sep 2025 |
| Consolidated Fiscal Balance (USD mn) | -36.484 Jan 2026 | monthly | Jan 2012 - Jan 2026 |
| Tax Revenue (USD mn) | 230.124 Dec 2025 | monthly | Jan 2012 - Dec 2025 |
| Tax Revenue: % of GDP (%) | 24.2 Sep 2025 | quarterly | Mar 2012 - Sep 2025 |
| 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) | 4.812 2030 | yearly | 2002 - 2030 |
| Forecast: Government Net Debt (EUR bn) | 6.956 2030 | yearly | 2002 - 2030 |
| Forecast: Government Revenue (EUR bn) | 4.350 2030 | yearly | 2002 - 2030 |
| General Government Revenue: Consolidated (EUR) | 332,109,440.500 Dec 2025 | monthly | Jan 2012 - Dec 2025 |
| General Govt Balance: Consolidated: Deficit or Surplus (EUR) | -31,066,313.940 Jan 2026 | monthly | Jan 2012 - Jan 2026 |
| General Govt Revenue: Cons: Taxes: Value Added Tax (EUR) | 103,563,259.630 Jan 2026 | monthly | Jan 2012 - Jan 2026 |
| General Govt Expenditure: Consolidated (EUR) | 196,128,203.010 Jan 2026 | monthly | Jan 2012 - Jan 2026 |
| General Govt Revenue: Cons: Taxes: Excises (EUR) | 25,853,560.700 Jan 2026 | monthly | Jan 2012 - Jan 2026 |
| General Govt Expenditure: Cons: ow Current (EUR) | 390,416,533.320 Dec 2025 | monthly | Jan 2012 - Dec 2025 |
| General Govt Revenue: Cons: Taxes (EUR) | 139,086,135.420 Jan 2026 | monthly | Jan 2012 - Jan 2026 |
| Gross General Government Debt (EUR mn) | 4,705.330 Sep 2025 | monthly | Dec 2010 - Sep 2025 |
| Gross General Government External Debt (EUR mn) | 4,417.700 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) | -319.9 Nov 2025 | monthly | Jan 2005 - Nov 2025 |
| Total Exports (USD mn) | 75.7 Dec 2025 | monthly | Jan 2005 - Dec 2025 |
| Total Exports Growth (%) | -5.4 Dec 2025 | monthly | Jan 2006 - Dec 2025 |
| 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) | 459.2 Dec 2025 | monthly | Jan 2005 - Dec 2025 |
| Total Imports Growth (%) | 10.0 Dec 2025 | monthly | Jan 2006 - Dec 2025 |
| 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) | 0.902 Jan 2026 | monthly | Jan 2010 - Jan 2026 |
| Total Imports from USA (USD mn) | 4.082 Dec 2025 | monthly | Jan 2006 - Dec 2025 |
| Total Exports to China (USD mn) | 0.546 Jan 2026 | monthly | Jan 2010 - Jan 2026 |
| Total Imports from China (USD mn) | 55.967 Dec 2025 | monthly | Jan 2006 - Dec 2025 |
| Exports: Europe: CEFTA: Serbia (EUR th) | 0.000 Feb 2026 | monthly | Mar 2009 - Feb 2026 |
| Exports: Europe: EU-28: Slovenia (EUR th) | 0.000 Feb 2026 | monthly | Mar 2009 - Feb 2026 |
| Exports: Manufactured Goods (EUR th) | 3,320.534 Dec 2025 | monthly | Mar 2009 - Dec 2025 |
| Exports: Machinery & Transport Equipment (EUR th) | 2,172.918 Jan 2026 | monthly | Mar 2009 - Jan 2026 |
| Exports: Food & Live Animals (EUR th) | 6,643.392 Dec 2025 | monthly | Mar 2009 - Dec 2025 |
| Exports: Mineral Fuels, Lubricants & Related Materials (EUR th) | 9,960.554 Jan 2026 | monthly | Mar 2009 - Jan 2026 |
| Exports: Crude Materials: excl Fuels (EUR th) | 5,035.582 Jan 2026 | monthly | Mar 2009 - Jan 2026 |
| Imports: Europe: EU-28: Greece (EUR th) | 9,639.087 Dec 2025 | monthly | Mar 2009 - Dec 2025 |
| Imports: Europe: CEFTA: Serbia (EUR th) | 33,474.996 Jan 2026 | monthly | Mar 2009 - Jan 2026 |
| Imports: Machinery & Transport Equipment (EUR th) | 48,077.802 Jan 2026 | monthly | Mar 2009 - Jan 2026 |
| Imports: Manufactured Goods (EUR th) | 26,771.292 Jan 2026 | monthly | Mar 2009 - Jan 2026 |
| Imports: Mineral Fuels, Lubricants & Related Materials (EUR th) | 22,778.762 Jan 2026 | monthly | Mar 2009 - Jan 2026 |
| Imports: Miscellaneous Manufactured Goods (EUR th) | 57,667.797 Dec 2025 | monthly | Mar 2009 - Dec 2025 |
| Imports: Food & Live Animals (EUR th) | 90,146.299 Dec 2025 | monthly | Mar 2009 - Dec 2025 |
| Imports (EUR th) | 392,140.299 Dec 2025 | monthly | Jan 2005 - Dec 2025 |
| Exports (EUR th) | 64,607.450 Dec 2025 | monthly | Jan 2005 - Dec 2025 |
| 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 (%) | 1.4 Sep 2025 | quarterly | Mar 2010 - Sep 2025 |
| Foreign Direct Investment (USD mn) | 213.3 Dec 2025 | quarterly | Mar 2005 - Dec 2025 |
| Foreign Direct Investment: % of GDP (%) | 5.6 Sep 2025 | quarterly | Mar 2010 - Sep 2025 |
| Foreign Portfolio Investment (USD mn) | -89.045 Dec 2025 | quarterly | Mar 2005 - Dec 2025 |
| Foreign Portfolio Investment: % of GDP (%) | -0.8 Sep 2025 | quarterly | Mar 2010 - Sep 2025 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | 113.6 Jun 2025 | quarterly | Mar 2007 - Jun 2025 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | 29.585 Jun 2025 | quarterly | Mar 2007 - Jun 2025 |
| 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) | -1.945 2030 | yearly | 2001 - 2030 |
| 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 |
| Foreign Direct Investment: Flow: Serbia (EUR) | 125,266,558.270 2023 | yearly | 2002 - 2023 |
| Foreign Direct Investment: Flow: Slovenia (EUR) | 9,478,424.000 2023 | yearly | 2001 - 2023 |
| Foreign Direct Investment: Flow: Italy (EUR) | 5,543,222.480 2023 | yearly | 2001 - 2023 |
| Foreign Direct Investment: Flow: Switzerland (EUR) | 65,139,405.970 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 (%) | 28.3 Sep 2025 | quarterly | Mar 2007 - Sep 2025 |
| Non-Performing Loans (USD mn) | 205.823 Jun 2024 | monthly | Dec 2010 - Jun 2024 |
| M2 Growth (%) | 9.9 2024 | yearly | 2003 - 2024 |
| Reserve Requirement Ratio (%) | 5.5 Jan 2026 | monthly | Jan 2002 - Jan 2026 |
| Foreign Exchange Reserves (USD mn) | 2,081.3 Dec 2025 | monthly | Dec 2002 - Dec 2025 |
| Foreign Exchange Reserves: % of GDP (%) | 19.347 Sep 2025 | quarterly | Dec 2006 - Sep 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) | 7,089.612 Jan 2026 | monthly | Jan 2003 - Jan 2026 |
| Total Deposits Growth (%) | 4.4 Jan 2026 | monthly | Jan 2004 - Jan 2026 |
| Domestic Credit (USD mn) | 4,821.6 Jan 2026 | monthly | Jan 2005 - Jan 2026 |
| Domestic Credit Growth (%) | 10.5 Jan 2026 | monthly | Jan 2006 - Jan 2026 |
| Household Debt (USD mn) | 2,864.4 Jan 2026 | monthly | Dec 2004 - Jan 2026 |
| Total Loans (USD mn) | 6,331.566 Jan 2026 | monthly | Jan 2003 - Jan 2026 |
| Total Loans Growth (%) | 12.72 Jan 2026 | monthly | Jan 2004 - Jan 2026 |
| Private Debt: % of Nominal GDP (%) | 49.09 Sep 2025 | quarterly | Mar 2007 - Sep 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 |
More Indicators for Montenegro
Request a demo of CEIC
CEIC’s economic databases cover over 200 global markets. Our Platform offers the most reliable macroeconomic data and advanced analytical tools.