Montenegro Total Trade of Goods & Services: % of Nominal GDP

2010 - 2023 | Quarterly | % | CEIC Data

Key information about Montenegro Total Trade of Goods and Services: % of Nominal GDP

  • Montenegro Total Trade of Goods & Services: % of Nominal GDP recorded 122.328 % in Sep 2023, compared with 116.943 % in the previous quarter.
  • Montenegro Total Trade of Goods & Services: % of Nominal GDP data is updated quarterly, available from Mar 2010 to Sep 2023, with an averaged value of 105.088 %.
  • The data reached an all-time high of 143.282 % in Mar 2023 and a record low of 76.357 % in Sep 2020.

CEIC calculates quarterly Total Trade of Goods and Services as % of Nominal GDP from quarterly Total Trade of Goods and Services and quarterly Nominal GDP. The Statistical Office of Montenegro provides Total Trade of Goods and Services in EUR and Nominal GDP in EUR, both based on ESA 2010.

View Montenegro's Total Trade of Goods & Services: % of Nominal GDP from Mar 2010 to Sep 2023 in the chart:

Montenegro Total Trade of Goods & Services: % of Nominal GDP

What was Montenegro's Total Trade of Goods & Services: % of Nominal GDP in Sep 2023?

Montenegro Total Trade of Goods & Services: % of Nominal GDP recorded 122.328 % in Sep 2023, compared with 116.943 % in the previous quarter. See the table below for more data.

Last Previous Min Max Unit Frequency Range
122.328 Sep 2023 116.943 Jun 2023 76.357 Sep 2020 143.282 Mar 2023 % quarterly Mar 2010 - Sep 2023

Total Trade of Goods & Services: % of Nominal GDP by Country Comparison

Buy Selected Data

Includes Total Trade of Goods & Services: % of Nominal GDP on 116 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Albania (%) 78.429 Jun 2023 quarterly Mar 2008 - Jun 2023
Algeria (%) 66.753 2022 yearly 1950 - 2022
Argentina (%) 28.695 Sep 2023 quarterly Mar 1993 - Sep 2023
Armenia (%) 123.511 Dec 2023 quarterly Dec 1994 - Dec 2023
Australia (%) 46.695 Jun 2023 quarterly Sep 1959 - Jun 2023
Austria (%) 114.564 Dec 2023 quarterly Mar 1964 - Dec 2023
Azerbaijan (%) 82.049 Sep 2023 quarterly Mar 2001 - Sep 2023
Bahrain (%) 159.813 2021 yearly 1975 - 2021
Bangladesh (%) 33.780 2022 yearly 1960 - 2022
Belarus (%) 126.989 Sep 2023 quarterly Mar 1995 - Sep 2023
Belgium (%) 166.861 Dec 2023 quarterly Mar 1980 - Dec 2023
Bolivia (%) 59.738 Sep 2023 quarterly Mar 1990 - Sep 2023
Bosnia and Herzegovina (%) 95.063 Sep 2023 quarterly Mar 2008 - Sep 2023
Botswana (%) 69.228 Sep 2023 quarterly Mar 1994 - Sep 2023
Brazil (%) 32.419 Dec 2023 quarterly Mar 1996 - Dec 2023
Brunei (%) 146.934 Sep 2023 quarterly Mar 2004 - Sep 2023
Bulgaria (%) 105.648 Dec 2023 quarterly Mar 1995 - Dec 2023
Cambodia (%) 123.187 2022 yearly 1988 - 2022
Canada (%) 65.425 Dec 2023 quarterly Mar 1961 - Dec 2023
Chile (%) 63.389 Sep 2023 quarterly Mar 1990 - Sep 2023
China (%) 36.608 Dec 2023 quarterly Mar 1998 - Dec 2023
Colombia (%) 38.463 Dec 2023 quarterly Mar 2005 - Dec 2023
Croatia (%) 101.989 Dec 2023 quarterly Mar 1995 - Dec 2023
Cyprus (%) 180.296 Dec 2023 quarterly Mar 1995 - Dec 2023
Czech Republic (%) 139.671 Dec 2023 quarterly Mar 1995 - Dec 2023
Denmark (%) 127.970 Dec 2023 quarterly Mar 1977 - Dec 2023
Ecuador (%) 60.461 Sep 2023 quarterly Mar 1991 - Sep 2023
Egypt (%) 44.261 Jun 2023 quarterly Sep 2001 - Jun 2023
Estonia (%) 148.098 Dec 2023 quarterly Mar 1995 - Dec 2023
European Union (%) 99.875 Sep 2023 quarterly Mar 1995 - Sep 2023
Finland (%) 78.656 Sep 2023 quarterly Mar 1970 - Sep 2023
France (%) 64.201 Dec 2023 quarterly Mar 1975 - Dec 2023
Georgia (%) 106.296 Jun 2023 quarterly Mar 1996 - Jun 2023
Germany (%) 87.277 Dec 2023 quarterly Mar 1991 - Dec 2023
Ghana (%) 70.588 2022 yearly 1983 - 2022
Greece (%) 115.331 Sep 2022 quarterly Mar 1995 - Sep 2022
Hong Kong SAR, China (%) 361.708 Dec 2023 quarterly Mar 1973 - Dec 2023
Hungary (%) 155.071 Jun 2023 quarterly Mar 1995 - Jun 2023
Iceland (%) 84.830 Dec 2023 quarterly Mar 1995 - Dec 2023
India (%) 45.560 Dec 2023 quarterly Jun 1996 - Dec 2023
Indonesia (%) 42.927 Dec 2023 quarterly Mar 1993 - Dec 2023
Iran (%) 44.699 2020 yearly 1959 - 2020
Ireland (%) 259.702 Dec 2023 quarterly Mar 1995 - Dec 2023
Israel (%) 57.174 Dec 2023 quarterly Mar 1995 - Dec 2023
Italy (%) 65.527 Dec 2023 quarterly Mar 1980 - Dec 2023
Ivory Coast (%) 52.146 2022 yearly 1960 - 2022
Japan (%) 46.242 Dec 2023 quarterly Mar 1955 - Dec 2023
Jordan (%) 88.483 2016 yearly 1967 - 2016
Kazakhstan (%) 78.737 Jun 2023 quarterly Mar 1994 - Jun 2023
Kenya (%) 33.730 2022 yearly 1964 - 2022
South Korea (%) 87.660 Dec 2023 quarterly Mar 1960 - Dec 2023
Kosovo (%) 124.754 Sep 2023 quarterly Mar 2010 - Sep 2023
Kuwait (%) 98.183 2019 yearly 1962 - 2019
Kyrgyzstan (%) 98.747 Sep 2016 quarterly Mar 2000 - Sep 2016
Laos (%) 75.092 2016 yearly 1984 - 2016
Latvia (%) 130.599 Jun 2023 quarterly Mar 1992 - Jun 2023
Lebanon (%) 87.417 2020 yearly 1990 - 2020
Lithuania (%) 147.209 Dec 2023 quarterly Mar 1995 - Dec 2023
Luxembourg (%) 376.388 Jun 2023 quarterly Mar 1995 - Jun 2023
Macau SAR, China (%) 138.032 Dec 2023 quarterly Mar 1998 - Dec 2023
North Macedonia (%) 165.136 Jun 2023 quarterly Mar 2000 - Jun 2023
Malawi (%) 46.339 2019 yearly 1960 - 2019
Malaysia (%) 134.009 Dec 2023 quarterly Mar 1991 - Dec 2023
Malta (%) 309.983 Dec 2023 quarterly Mar 1992 - Dec 2023
Mauritius (%) 112.645 Sep 2023 quarterly Mar 1999 - Sep 2023
Mexico (%) 71.793 Sep 2023 quarterly Mar 1993 - Sep 2023
Moldova (%) 89.913 Sep 2023 quarterly Mar 1995 - Sep 2023
Mongolia (%) 117.628 Dec 2023 quarterly Mar 2005 - Dec 2023
Montenegro (%) 122.328 Sep 2023 quarterly Mar 2010 - Sep 2023
Morocco (%) 98.567 Jun 2023 quarterly Mar 2007 - Jun 2023
Mozambique (%) 135.560 2022 yearly 1991 - 2022
Myanmar (%) 49.145 2019 yearly 2019 - 2019
Nepal (%) 43.659 2023 yearly 1969 - 2023
Netherlands (%) 154.720 Dec 2023 quarterly Mar 1987 - Dec 2023
New Zealand (%) 50.658 Sep 2023 quarterly Jun 1987 - Sep 2023
Nigeria (%) 29.308 Jun 2023 quarterly Mar 2010 - Jun 2023
Norway (%) 77.979 Dec 2023 quarterly Mar 1978 - Dec 2023
Oman (%) 95.667 2021 yearly 1980 - 2021
Pakistan (%) 27.749 2023 yearly 2000 - 2023
Palestinian Territory (%) 88.693 Sep 2023 quarterly Mar 2011 - Sep 2023
Panama (%) 78.763 2021 yearly 1960 - 2021
Paraguay (%) 91.235 Sep 2023 quarterly Mar 1994 - Sep 2023
Peru (%) 50.841 Dec 2023 quarterly Mar 1980 - Dec 2023
Philippines (%) 57.800 Dec 2023 quarterly Mar 1981 - Dec 2023
Poland (%) 100.250 Dec 2023 quarterly Mar 2002 - Dec 2023
Portugal (%) 89.724 Dec 2023 quarterly Mar 1977 - Dec 2023
Qatar (%) 90.505 Jun 2023 quarterly Mar 2013 - Jun 2023
Romania (%) 76.055 Sep 2023 quarterly Mar 1995 - Sep 2023
Russia (%) 45.600 Sep 2023 quarterly Mar 1995 - Sep 2023
Saudi Arabia (%) 63.988 Jun 2023 quarterly Mar 2003 - Jun 2023
Serbia (%) 130.843 Dec 2022 quarterly Mar 1995 - Dec 2022
Singapore (%) 308.847 Dec 2023 quarterly Mar 1975 - Dec 2023
Slovakia (%) 184.397 Jun 2023 quarterly Mar 1990 - Jun 2023
Slovenia (%) 150.660 Sep 2023 quarterly Mar 1995 - Sep 2023
South Africa (%) 66.081 Jun 2023 quarterly Mar 1960 - Jun 2023
Spain (%) 70.619 Dec 2023 quarterly Mar 1980 - Dec 2023
Sri Lanka (%) 42.512 Sep 2023 quarterly Mar 2010 - Sep 2023
Sudan (%) 41.299 2019 yearly 1996 - 2019
Sweden (%) 104.471 Dec 2023 quarterly Mar 1980 - Dec 2023
Switzerland (%) 135.134 Dec 2023 quarterly Mar 1980 - Dec 2023

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 do

Montenegro Key Series

Buy Selected Data

Includes 163 key indicators for Montenegro, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -0.5 Sep 2023 quarterly Dec 2012 - Sep 2023
Consolidated Fiscal Balance (USD mn) -158.147 Dec 2023 monthly Jan 2012 - Dec 2023
Tax Revenue (USD mn) 149.467 Dec 2023 monthly Jan 2012 - Dec 2023
Tax Revenue: % of GDP (%) 21.4 Sep 2023 quarterly Mar 2012 - Sep 2023
National Government Debt (USD mn) 4,219.6 Sep 2023 monthly Dec 2010 - Sep 2023
Government Debt: % of GDP (%) 59.7 Sep 2023 quarterly Dec 2010 - Sep 2023
Forecast: Government Expenditure (EUR bn) 3.984 2028 yearly 2002 - 2028
Forecast: Government Net Debt (EUR bn) 6.698 2028 yearly 2002 - 2028
Forecast: Government Revenue (EUR bn) 3.392 2028 yearly 2002 - 2028
General Govt Revenue: Cons: Taxes: Excises (EUR) 28,494,203.900 Dec 2023 monthly Jan 2012 - Dec 2023
General Govt Expenditure: Consolidated (EUR) 400,948,545.750 Dec 2023 monthly Jan 2012 - Dec 2023
General Govt Revenue: Cons: Taxes (EUR) 137,012,115.600 Dec 2023 monthly Jan 2012 - Dec 2023
General Govt Expenditure: Cons: ow Current (EUR) 321,973,336.150 Dec 2023 monthly Jan 2012 - Dec 2023
General Govt Balance: Consolidated: Deficit or Surplus (EUR) -144,969,510.730 Dec 2023 monthly Jan 2012 - Dec 2023
General Government Revenue: Consolidated (EUR) 255,979,035.020 Dec 2023 monthly Jan 2012 - Dec 2023
General Govt Revenue: Cons: Taxes: Value Added Tax (EUR) 87,929,424.080 Dec 2023 monthly Jan 2012 - Dec 2023
Gross General Government Debt: Domestic (EUR mn) 382.470 Jun 2022 monthly Dec 2010 - Jun 2022
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 1.534 2028 yearly 2003 - 2028
Trade Balance (USD mn) -280.4 Dec 2023 monthly Jan 2005 - Dec 2023
Total Exports (USD mn) 42.2 Sep 2023 monthly Jan 2005 - Sep 2023
Total Exports Growth (%) -25.3 Dec 2023 monthly Jan 2006 - Dec 2023
Aluminum: Exports (USD th) 180,096.808 2022 yearly 2008 - 2022
Exports: Medicament (USD th) 34,801.190 2022 yearly 2008 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 28.151 2022 yearly 2008 - 2022
Total Imports (USD mn) 368.3 Sep 2023 monthly Jan 2005 - Sep 2023
Total Imports Growth (%) 7.0 Dec 2023 monthly Jan 2006 - Dec 2023
Imports: Medicament (USD th) 116,265.339 2022 yearly 2008 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 45,821.508 2022 yearly 2008 - 2022
Total Exports to USA (USD mn) 0.756 Sep 2023 monthly Jan 2010 - Sep 2023
Total Imports from USA (USD mn) 3.266 Oct 2023 monthly Jan 2006 - Oct 2023
Total Exports to China (USD mn) 0.064 Sep 2023 monthly Jan 2010 - Sep 2023
Total Imports from China (USD mn) 37.961 Oct 2023 monthly Jan 2006 - Oct 2023
Exports (EUR th) 39,512.254 Sep 2023 monthly Jan 2005 - Sep 2023
Exports: Machinery & Transport Equipment (EUR th) 2,755.089 Sep 2023 monthly Mar 2009 - Sep 2023
Exports: Manufactured Goods (EUR th) 4,621.309 Sep 2023 monthly Mar 2009 - Sep 2023
Exports: Mineral Fuels, Lubricants & Related Materials (EUR th) 9,039.979 Sep 2023 monthly Mar 2009 - Sep 2023
Exports: Crude Materials: excl Fuels (EUR th) 9,271.644 Sep 2023 monthly Mar 2009 - Sep 2023
Exports: Food & Live Animals (EUR th) 4,132.036 Sep 2023 monthly Mar 2009 - Sep 2023
Exports: Europe: CEFTA: Serbia (EUR th) 11,608.897 Sep 2023 monthly Mar 2009 - Sep 2023
Exports: Europe: EU-28: Slovenia (EUR th) 3,055.071 Sep 2023 monthly Mar 2009 - Sep 2023
Imports: Miscellaneous Manufactured Goods (EUR th) 49,978.003 Sep 2023 monthly Mar 2009 - Sep 2023
Imports: Manufactured Goods (EUR th) 58,372.312 Sep 2023 monthly Mar 2009 - Sep 2023
Imports: Food & Live Animals (EUR th) 63,956.749 Sep 2023 monthly Mar 2009 - Sep 2023
Imports (EUR th) 345,099.221 Sep 2023 monthly Jan 2005 - Sep 2023
Imports: Machinery & Transport Equipment (EUR th) 72,725.624 Sep 2023 monthly Mar 2009 - Sep 2023
Imports: Mineral Fuels, Lubricants & Related Materials (EUR th) 49,674.082 Sep 2023 monthly Mar 2009 - Sep 2023
Imports: Europe: CEFTA: Serbia (EUR th) 56,453.887 Sep 2023 monthly Mar 2009 - Sep 2023
Imports: Europe: EU-28: Greece (EUR th) 22,544.386 Sep 2023 monthly Mar 2009 - Sep 2023
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 27.0 Dec 2023 quarterly Mar 2005 - Dec 2023
Current Account Balance (USD mn) -278.9 Mar 2023 quarterly Mar 2004 - Mar 2023
Current Account Balance: % of GDP (%) 8.9 Sep 2023 quarterly Mar 2010 - Sep 2023
Foreign Direct Investment (USD mn) 150.7 Dec 2023 quarterly Mar 2005 - Dec 2023
Foreign Direct Investment: % of GDP (%) 3.6 Sep 2023 quarterly Mar 2010 - Sep 2023
Foreign Portfolio Investment (USD mn) 2.789 Dec 2023 quarterly Mar 2005 - Dec 2023
Foreign Portfolio Investment: % of GDP (%) -0.3 Sep 2023 quarterly Mar 2010 - Sep 2023
Foreign Portfolio Investment: Equity Securities (USD mn) 119.2 Dec 2023 quarterly Mar 2007 - Dec 2023
Foreign Portfolio Investment: Debt Securities (USD mn) 31.320 Dec 2023 quarterly Mar 2007 - Dec 2023
External Debt (USD mn) 8,815.2 2022 yearly 2006 - 2022
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) -1.297 2028 yearly 2001 - 2028
BoP: Current Account: Goods: Export (EUR th) 120,372.138 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
BoP: Current Account: Goods: Import (EUR th) 645,611.036 Dec 2018 quarterly Mar 2010 - Dec 2018
Gross General Government External Debt (EUR mn) 3,613.400 Jun 2023 monthly Dec 2010 - Jun 2023
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 5.2 Jul 2023 monthly Aug 2010 - Jul 2023
Household Debt: % of GDP (%) 24.7 Sep 2023 quarterly Dec 2010 - Sep 2023
Non-Performing Loans (USD mn) 218.559 Nov 2022 monthly Dec 2010 - Nov 2022
M2 Growth (%) 22.9 2022 yearly 2003 - 2022
Reserve Requirement Ratio (%) 5.5 Dec 2023 monthly Jan 2002 - Dec 2023
Foreign Exchange Reserves (USD mn) 1,457.9 Dec 2023 monthly Dec 2002 - Dec 2023
Foreign Exchange Reserves: % of GDP (%) 22.477 Sep 2023 quarterly Dec 2010 - Sep 2023
Foreign Exchange Reserves: Months of Import (NA) 4.5 Aug 2023 monthly Jan 2005 - Aug 2023
Gold Reserves (USD mn) 0.000 Dec 2023 monthly Dec 2002 - Dec 2023
Total Deposits (USD mn) 5,855.433 Jan 2024 monthly Jan 2003 - Jan 2024
Total Deposits Growth (%) 3.6 Jan 2024 monthly Jan 2004 - Jan 2024
Domestic Credit (USD mn) 3,822.0 Jan 2024 monthly Jan 2005 - Jan 2024
Domestic Credit Growth (%) 7.1 Jan 2024 monthly Jan 2006 - Jan 2024
Household Debt (USD mn) 1,869.3 Dec 2023 monthly Dec 2004 - Dec 2023
Total Loans (USD mn) 4,530.112 Dec 2023 monthly Jan 2003 - Dec 2023
Total Loans Growth (%) 11.89 Dec 2023 monthly Jan 2004 - Dec 2023
Private Debt: % of Nominal GDP (%) 43.36 Sep 2023 quarterly Dec 2010 - Sep 2023
Bank Loans: Residents: Households (EUR th) 1,188,990.000 Jun 2018 monthly Jan 2009 - Jun 2018
Bank Loans: Non Performing Loans (EUR th) 200,600.000 Apr 2018 monthly Dec 2010 - Apr 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.

Request a demo
Please note, product demos are not available for students. Please click here to find out more about the version of CEIC available for student users.
Unlimited access tailored to your data needs
Flexible monthly access to CEIC data