Montenegro Visitor Arrivals Growth

2011 - 2025 | Monthly | % | CEIC Data

Key information about Montenegro Visitor Arrivals

  • Montenegro Visitor Arrivals grew 8.7 % in Oct 2025, compared with an increase of 7.5 % in the previous month
  • Montenegro Visitor Arrivals Growth rate data is updated monthly, available from Jan 2011 to Oct 2025
  • The data reached an all-time high of 15.9 % in May 2023 and a record low of 1.1 % in Feb 2016
CEIC calculates Tourist Arrivals Growth from monthly Tourist Arrivals. The Statistical Office of Montenegro provides Tourist Arrivals. Tourist Arrivals exclude tourists staying in private accommodation such as tourist apartments, houses and rooms for rent.

Further information about Montenegro Visitor Arrivals

  • In the latest reports, Montenegro Visitor Arrivals recorded 125,807.0 person in the month of Oct 2025
  • Tourism Revenue of Montenegro reached 180.0 USD mn in Dec 2020, an increase of 90.1 % change from the previous year

View Montenegro's Visitor Arrivals Growth from Jan 2011 to Oct 2025 in the chart:

Montenegro Visitor Arrivals Growth

What was Montenegro's Visitor Arrivals Growth in Oct 2025?

Montenegro Visitor Arrivals grew 8.7 % in Oct 2025, compared with an increase of 7.5 % in the previous month See the table below for more data.

Last Previous Min Max Unit Frequency Range
8.7 Oct 2025 7.5 Sep 2025 1.1 Feb 2016 15.9 May 2023 % monthly Jan 2011 - Oct 2025

Visitor Arrivals Growth by Country Comparison

country/region Last Frequency Range
Albania (%) 4.2 Sep 2025 quarterly Mar 2006 - Sep 2025
Algeria (%) 25.6 2016 yearly 2004 - 2016
Argentina (%) -9.1 Sep 2025 quarterly Mar 2017 - Sep 2025
Armenia (%) -4.7 2024 yearly 1996 - 2024
Australia (%) 9.3 Oct 2025 monthly Jan 1977 - Oct 2025
Austria (%) 4.8 Oct 2025 monthly Jan 1975 - Oct 2025
Azerbaijan (%) -74.9 2020 yearly 1996 - 2020
Bahrain (%) -82.7 2020 yearly 1996 - 2020
Bangladesh (%) -5.5 2024 yearly 1982 - 2024
Belarus (%) -69.6 2020 yearly 2001 - 2020
Belgium (%) 3.9 2024 yearly 1993 - 2024
Bolivia (%) -73.9 2020 yearly 1996 - 2020
Bosnia and Herzegovina (%) -1.7 Sep 2025 monthly Jan 2008 - Sep 2025
Botswana (%) 3.1 2018 yearly 1996 - 2018
Brazil (%) 12.7 2024 yearly 1990 - 2024
Brunei (%) -75.9 2020 yearly 1996 - 2020
Bulgaria (%) 0.4 Oct 2025 monthly Jan 2003 - Oct 2025
Cambodia (%) 12.8 May 2019 monthly Jan 1999 - May 2019
Canada (%) 1.4 Sep 2025 monthly Jan 1973 - Sep 2025
Chile (%) -60.7 Mar 2020 monthly Jul 2017 - Mar 2020
China (%) 9.6 Feb 2016 monthly Jan 2001 - Feb 2016
Colombia (%) -15.2 Aug 2025 monthly Jan 2008 - Aug 2025
Croatia (%) 5.1 Sep 2025 monthly Nov 2000 - Sep 2025
Cyprus (%) 17.1 Oct 2025 monthly Jan 2003 - Oct 2025
Czech Republic (%) 2.6 2019 yearly 2004 - 2019
Denmark (%) -52.9 2020 yearly 2004 - 2020
Ecuador (%) -9.3 2024 yearly 1998 - 2024
Egypt (%) 123.9 2022 yearly 1983 - 2022
Estonia (%) 11.1 2024 yearly 1997 - 2024
European Union (%) 6.7 2024 yearly 2009 - 2024
Finland (%) 16.4 Sep 2025 monthly Jan 1996 - Sep 2025
France (%) -46.2 2020 yearly 2005 - 2020
Georgia (%) -80.4 2020 yearly 1996 - 2020
Germany (%) 0.3 Sep 2025 monthly Jan 1993 - Sep 2025
Greece (%) 3.6 Sep 2025 monthly Jan 2006 - Sep 2025
Hong Kong SAR, China (%) 6.8 Oct 2025 monthly Mar 2007 - Oct 2025
Hungary (%) 3.1 Jun 2025 quarterly Mar 2005 - Jun 2025
Iceland (%) -77.8 2020 yearly 1996 - 2020
India (%) -23.9 Jun 2025 monthly Mar 1988 - Jun 2025
Indonesia (%) -1.6 Oct 2025 monthly Jan 1980 - Oct 2025
Iran (%) -83.0 2020 yearly 1996 - 2020
Ireland (%) 5.3 2024 yearly 2024 - 2024
Israel (%) 99.2 Nov 2025 monthly Jan 2004 - Nov 2025
Italy (%) 8.9 2024 yearly 1991 - 2024
Ivory Coast (%) -67.7 2020 yearly 1996 - 2020
Japan (%) 17.6 Oct 2025 monthly Jan 1963 - Oct 2025
Jordan (%) -5.7 2024 yearly 2003 - 2024
Kazakhstan (%) -76.1 2020 yearly 1997 - 2020
Kenya (%) 15.6 2024 yearly 1992 - 2024
South Korea (%) 8.8 Oct 2025 monthly Jan 1976 - Oct 2025
Kosovo (%) 21.7 Sep 2025 quarterly Mar 2017 - Sep 2025
Kuwait (%) 52.9 Dec 2023 monthly Jan 1998 - Dec 2023
Kyrgyzstan (%) 1.1 2024 yearly 1999 - 2024
Laos (%) 10.8 Dec 2024 monthly Jan 2007 - Dec 2024
Latvia (%) 3.7 Sep 2025 quarterly Mar 2003 - Sep 2025
Lebanon (%) -19.1 2024 yearly 1997 - 2024
Lithuania (%) -9.0 2024 yearly 1996 - 2024
Luxembourg (%) 29.5 2024 yearly 1981 - 2024
Macau SAR, China (%) 1.7 Oct 2025 monthly Jan 2009 - Oct 2025
North Macedonia (%) 7.2 Oct 2025 monthly Jan 1996 - Oct 2025
Malawi (%) 4.1 2018 yearly 1996 - 2018
Malaysia (%) -3.5 Aug 2025 monthly Jan 1990 - Aug 2025
Malta (%) 17.3 Oct 2025 monthly Jan 2002 - Oct 2025
Mauritius (%) 4.7 Nov 2025 monthly Jan 1999 - Nov 2025
Mexico (%) 0.4 Oct 2025 monthly Jan 1981 - Oct 2025
Moldova (%) 55.1 2024 yearly 1993 - 2024
Mongolia (%) 22.5 2024 yearly 1996 - 2024
Montenegro (%) 8.7 Oct 2025 monthly Jan 2011 - Oct 2025
Morocco (%) 90.8 Apr 2023 monthly Jan 2006 - Apr 2023
Myanmar (%) -41.0 Feb 2025 monthly Jan 2006 - Feb 2025
Nepal (%) -18.3 Sep 2025 monthly Jan 1992 - Sep 2025
Netherlands (%) 4.7 Oct 2025 monthly Jan 2013 - Oct 2025
New Zealand (%) 10.2 Oct 2025 monthly Apr 1979 - Oct 2025
Nigeria (%) -12.5 2016 yearly 1996 - 2016
Norway (%) -76.2 2020 yearly 1996 - 2020
Oman (%) -75.2 2020 yearly 2002 - 2020
Panama (%) 16.8 Aug 2025 monthly Jan 2006 - Aug 2025
Paraguay (%) 15.0 Dec 2023 monthly Jan 2000 - Dec 2023
Peru (%) 4.8 Oct 2025 monthly Jan 2003 - Oct 2025
Philippines (%) -1.5 Oct 2025 monthly Jan 1989 - Oct 2025
Poland (%) 3.9 2024 yearly 1996 - 2024
Portugal (%) -75.7 2020 yearly 1996 - 2020
Qatar (%) 25.2 2024 yearly 2010 - 2024
Romania (%) -20.1 Dec 2024 monthly Jan 2005 - Dec 2024
Russia (%) 10.3 2024 yearly 1996 - 2024
Saudi Arabia (%) 12.5 Sep 2015 monthly Jan 2005 - Sep 2015
Serbia (%) -9.4 Oct 2025 monthly Feb 2006 - Oct 2025
Singapore (%) -6.8 Sep 2025 monthly Jan 2009 - Sep 2025
Slovakia (%) 3.9 2024 yearly 1999 - 2024
Slovenia (%) 10.6 Oct 2025 monthly Jan 1998 - Oct 2025
South Africa (%) 0.6 2024 yearly 1976 - 2024
Spain (%) 3.2 Oct 2025 monthly Jan 1996 - Oct 2025
Sri Lanka (%) 15.6 Nov 2025 monthly Jan 1980 - Nov 2025
Sudan (%) 55.6 2021 yearly 1991 - 2021
Sweden (%) -74.3 2020 yearly 1996 - 2020
Switzerland (%) 1.3 Sep 2025 monthly Jan 1997 - Sep 2025
Syria (%) 34.5 2019 yearly 1996 - 2019
Taiwan (%) 4.5 Sep 2025 monthly Jan 1984 - Sep 2025
Tajikistan (%) 140.1 2018 yearly 1997 - 2018
Thailand (%) -3.9 Oct 2025 monthly Jan 1982 - Oct 2025

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Montenegro 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) -36.609 Oct 2025 monthly Jan 2012 - Oct 2025
Tax Revenue (USD mn) 225.489 Oct 2025 monthly Jan 2012 - Oct 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
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
Gross General Government Debt (EUR mn) 4,705.330 Sep 2025 monthly Dec 2010 - Sep 2025
General Govt Revenue: Cons: Taxes: Excises (EUR) 23,651,764.850 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 Revenue: Cons: Taxes: Value Added Tax (EUR) 96,606,704.820 Jan 2025 monthly Jan 2012 - Jan 2025
General Govt Revenue: Cons: Taxes (EUR) 132,702,629.510 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 Balance: Consolidated: Deficit or Surplus (EUR) 2,068,456.780 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) -408.7 Oct 2025 monthly Jan 2005 - Oct 2025
Total Exports (USD mn) 50.8 Oct 2025 monthly Jan 2005 - Oct 2025
Total Exports Growth (%) -6.5 Oct 2025 monthly Jan 2006 - Oct 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) 459.6 Oct 2025 monthly Jan 2005 - Oct 2025
Total Imports Growth (%) 9.9 Oct 2025 monthly Jan 2006 - Oct 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) 0.269 Oct 2025 monthly Jan 2010 - Oct 2025
Total Imports from USA (USD mn) 4.932 Oct 2025 monthly Jan 2006 - Oct 2025
Total Exports to China (USD mn) 0.137 Oct 2025 monthly Jan 2010 - Oct 2025
Total Imports from China (USD mn) 59.929 Oct 2025 monthly Jan 2006 - Oct 2025
Exports: Europe: CEFTA: Serbia (EUR th) 12,962.596 Oct 2025 monthly Mar 2009 - Oct 2025
Exports: Europe: EU-28: Slovenia (EUR th) 2,704.318 Oct 2025 monthly Mar 2009 - Oct 2025
Exports: Manufactured Goods (EUR th) 3,662.612 Oct 2025 monthly Mar 2009 - Oct 2025
Exports: Mineral Fuels, Lubricants & Related Materials (EUR th) 9,719.045 Oct 2025 monthly Mar 2009 - Oct 2025
Exports: Machinery & Transport Equipment (EUR th) 3,108.579 Oct 2025 monthly Mar 2009 - Oct 2025
Exports: Food & Live Animals (EUR th) 5,548.692 Oct 2025 monthly Mar 2009 - Oct 2025
Exports: Crude Materials: excl Fuels (EUR th) 7,978.203 Oct 2025 monthly Mar 2009 - Oct 2025
Imports: Europe: CEFTA: Serbia (EUR th) 66,438.187 Oct 2025 monthly Mar 2009 - Oct 2025
Imports: Europe: EU-28: Greece (EUR th) 19,716.042 Oct 2025 monthly Mar 2009 - Oct 2025
Imports: Miscellaneous Manufactured Goods (EUR th) 55,254.348 Oct 2025 monthly Mar 2009 - Oct 2025
Imports: Manufactured Goods (EUR th) 62,545.595 Oct 2025 monthly Mar 2009 - Oct 2025
Imports: Machinery & Transport Equipment (EUR th) 109,137.862 Oct 2025 monthly Mar 2009 - Oct 2025
Imports: Mineral Fuels, Lubricants & Related Materials (EUR th) 44,482.675 Oct 2025 monthly Mar 2009 - Oct 2025
Imports: Food & Live Animals (EUR th) 65,888.354 Oct 2025 monthly Mar 2009 - Oct 2025
Exports (EUR th) 43,675.332 Oct 2025 monthly Jan 2005 - Oct 2025
Imports (EUR th) 394,783.476 Oct 2025 monthly Jan 2005 - Oct 2025
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 16.5 Sep 2025 quarterly Mar 2005 - Sep 2025
Current Account Balance (USD mn) 69.2 Sep 2025 quarterly Mar 2004 - Sep 2025
Current Account Balance: % of GDP (%) 2.3 Sep 2025 quarterly Mar 2010 - Sep 2025
Foreign Direct Investment (USD mn) 169.4 Sep 2025 quarterly Mar 2005 - Sep 2025
Foreign Direct Investment: % of GDP (%) 5.6 Sep 2025 quarterly Mar 2010 - Sep 2025
Foreign Portfolio Investment (USD mn) -23.088 Sep 2025 quarterly Mar 2005 - Sep 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) 8,616.5 2023 yearly 2006 - 2023
External Debt: % of GDP (%) 112.7 2023 yearly 2006 - 2023
External Debt: Short Term (USD mn) 173.7 2023 yearly 2007 - 2023
External Debt: Short Term: % of GDP (%) 2.3 2023 yearly 2007 - 2023
Forecast: Current Account Balance (USD bn) -1.406 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: 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: Serbia (EUR) 125,266,558.270 2023 yearly 2002 - 2023
Foreign Direct Investment: Flow: Russian Federation (EUR) 112,506,571.770 2023 yearly 2001 - 2023
Foreign Direct Investment: Flow: Switzerland (EUR) 65,139,405.970 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 Oct 2025 monthly Jan 2002 - Oct 2025
Foreign Exchange Reserves (USD mn) 1,671.4 Oct 2025 monthly Dec 2002 - Oct 2025
Foreign Exchange Reserves: % of GDP (%) 19.347 Sep 2025 quarterly Dec 2006 - Sep 2025
Foreign Exchange Reserves: Months of Import (NA) 3.6 Oct 2025 monthly Jan 2005 - Oct 2025
Gold Reserves (USD mn) 0.000 Oct 2025 monthly Dec 2002 - Oct 2025
Total Deposits (USD mn) 7,013.068 Oct 2025 monthly Jan 2003 - Oct 2025
Total Deposits Growth (%) 6.9 Oct 2025 monthly Jan 2004 - Oct 2025
Domestic Credit (USD mn) 4,697.7 Oct 2025 monthly Jan 2005 - Oct 2025
Domestic Credit Growth (%) 22.0 Oct 2025 monthly Jan 2006 - Oct 2025
Household Debt (USD mn) 2,677.8 Oct 2025 monthly Dec 2004 - Oct 2025
Total Loans (USD mn) 6,207.035 Oct 2025 monthly Jan 2003 - Oct 2025
Total Loans Growth (%) 15.02 Oct 2025 monthly Jan 2004 - Oct 2025
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

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