Montenegro Visitor Arrivals Growth

2011 - 2023 | Monthly | % | CEIC Data

Key information about Montenegro Visitor Arrivals

  • Montenegro Visitor Arrivals dropped 4.2 % in Dec 2023, compared with an increase of 14.8 % in the previous month
  • Montenegro Visitor Arrivals Growth rate data is updated monthly, available from Jan 2011 to Dec 2023
  • The data reached an all-time high of 1,211.4 % in Jul 2021 and a record low of -95.2 % in Jun 2020
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 29,873.0 person in the month of Dec 2023
  • 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 Dec 2023 in the chart:

Montenegro Visitor Arrivals Growth

What was Montenegro's Visitor Arrivals Growth in Dec 2023?

Montenegro Visitor Arrivals dropped 4.2 % in Dec 2023, compared with an increase of 14.8 % in the previous month See the table below for more data.

Last Previous Min Max Unit Frequency Range
-4.2 Dec 2023 14.8 Nov 2023 -95.2 Jun 2020 1,211.4 Jul 2021 % monthly Jan 2011 - Dec 2023

Visitor Arrivals Growth by Country Comparison

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Includes Visitor Arrivals Growth on 109 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Albania (%) 70.1 Dec 2023 quarterly Mar 2006 - Dec 2023
Algeria (%) 25.6 2016 yearly 2004 - 2016
Argentina (%) 39.3 Dec 2023 quarterly Mar 2017 - Dec 2023
Armenia (%) 91.4 2022 yearly 1996 - 2022
Australia (%) 35.1 Dec 2023 monthly Jan 1977 - Dec 2023
Austria (%) 11.3 Dec 2023 monthly Jan 1975 - Dec 2023
Azerbaijan (%) -74.9 2020 yearly 1996 - 2020
Bahrain (%) -82.7 2020 yearly 1996 - 2020
Bangladesh (%) -25.5 2021 yearly 1982 - 2021
Belarus (%) -69.6 2020 yearly 2001 - 2020
Belgium (%) 153.5 2022 yearly 1993 - 2022
Bolivia (%) -73.9 2020 yearly 1996 - 2020
Bosnia and Herzegovina (%) 7.5 Dec 2023 monthly Jan 2008 - Dec 2023
Botswana (%) 3.1 2018 yearly 1996 - 2018
Brazil (%) -65.3 2021 yearly 1990 - 2021
Brunei (%) -75.9 2020 yearly 1996 - 2020
Bulgaria (%) 3.1 Dec 2023 monthly Jan 2003 - Dec 2023
Cambodia (%) 12.8 May 2019 monthly Jan 1999 - May 2019
Canada (%) 20.8 Dec 2023 monthly Jan 1973 - Dec 2023
Chile (%) -60.7 Mar 2020 monthly Jul 2017 - Mar 2020
China (%) 9.6 Feb 2016 monthly Jan 2001 - Feb 2016
Colombia (%) 19.9 Nov 2023 monthly Jan 2008 - Nov 2023
Croatia (%) 17.5 Dec 2023 monthly Nov 2000 - Dec 2023
Cyprus (%) 12.3 Dec 2023 monthly Jan 2003 - Dec 2023
Czech Republic (%) 2.6 2019 yearly 2004 - 2019
Denmark (%) -52.9 2020 yearly 2004 - 2020
Ecuador (%) 106.0 2022 yearly 1998 - 2022
Egypt (%) 14.8 2019 yearly 1983 - 2019
Estonia (%) 13.8 2023 yearly 1997 - 2023
European Union (%) 16.6 2023 yearly 2009 - 2023
Finland (%) 11.5 Jan 2024 monthly Jan 1996 - Jan 2024
France (%) -46.2 2020 yearly 2005 - 2020
Georgia (%) -80.4 2020 yearly 1996 - 2020
Germany (%) 13.9 Dec 2023 monthly Jan 1993 - Dec 2023
Greece (%) 27.5 Nov 2023 monthly Jan 2006 - Nov 2023
Hong Kong SAR, China (%) 455.0 Jan 2024 monthly Mar 2007 - Jan 2024
Hungary (%) 2.3 Sep 2023 quarterly Mar 2005 - Sep 2023
Iceland (%) -77.8 2020 yearly 1996 - 2020
India (%) 7.8 Dec 2023 monthly Mar 1988 - Dec 2023
Indonesia (%) 16.2 Jan 2024 monthly Jan 1980 - Jan 2024
Iran (%) -83.0 2020 yearly 1996 - 2020
Ireland (%) 0.2 2019 yearly 1996 - 2019
Israel (%) -77.2 Jan 2024 monthly Jan 2004 - Jan 2024
Italy (%) 20.7 2023 yearly 1991 - 2023
Ivory Coast (%) -67.7 2020 yearly 1996 - 2020
Japan (%) 79.5 Jan 2024 monthly Jan 1963 - Jan 2024
Jordan (%) 150.7 2022 yearly 2003 - 2022
Kazakhstan (%) -76.1 2020 yearly 1997 - 2020
Kenya (%) 51.8 2021 yearly 1992 - 2021
South Korea (%) 103.5 Jan 2024 monthly Jan 1976 - Jan 2024
Kosovo (%) 77.1 Dec 2023 quarterly Mar 2017 - Dec 2023
Kuwait (%) 17.7 Dec 2021 monthly Jan 1998 - Dec 2021
Kyrgyzstan (%) 109.5 2022 yearly 1999 - 2022
Laos (%) -51.9 Mar 2020 monthly Jan 2007 - Mar 2020
Latvia (%) 11.6 Dec 2023 quarterly Mar 2003 - Dec 2023
Lebanon (%) 107.5 2022 yearly 1997 - 2022
Lithuania (%) -62.9 2020 yearly 1996 - 2020
Luxembourg (%) -49.6 2020 yearly 1996 - 2020
Macau SAR, China (%) 69.3 Jan 2024 monthly Jan 2009 - Jan 2024
North Macedonia (%) 18.5 Dec 2023 monthly Jan 1996 - Dec 2023
Malawi (%) 4.1 2018 yearly 1996 - 2018
Malaysia (%) 26.3 Dec 2023 monthly Jan 1990 - Dec 2023
Malta (%) 16.6 Dec 2023 monthly Jan 2002 - Dec 2023
Mauritius (%) 10.7 Dec 2023 monthly Jan 1999 - Dec 2023
Mexico (%) 7.8 Dec 2023 monthly Jan 1981 - Dec 2023
Moldova (%) 50.3 2023 yearly 1993 - 2023
Mongolia (%) 107.5 2023 yearly 1996 - 2023
Montenegro (%) -4.2 Dec 2023 monthly Jan 2011 - Dec 2023
Morocco (%) 0.7 Dec 2019 monthly Jan 2006 - Dec 2019
Myanmar (%) 371.1 Dec 2023 monthly Jan 2006 - Dec 2023
Nepal (%) 43.6 Jan 2024 monthly Jan 1992 - Jan 2024
Netherlands (%) 14.0 Jan 2024 monthly Jan 2013 - Jan 2024
New Zealand (%) 15.3 Dec 2023 monthly Apr 1979 - Dec 2023
Nigeria (%) -12.5 2016 yearly 1996 - 2016
Norway (%) -76.2 2020 yearly 1996 - 2020
Oman (%) -75.2 2020 yearly 2002 - 2020
Panama (%) -2.1 Nov 2023 monthly Jan 2006 - Nov 2023
Paraguay (%) 409.7 Dec 2021 monthly Jan 2000 - Dec 2021
Peru (%) 75.7 Jan 2024 monthly Jan 2003 - Jan 2024
Philippines (%) 27.5 Jan 2024 monthly Jan 1989 - Jan 2024
Poland (%) 64.0 2022 yearly 1996 - 2022
Portugal (%) -75.7 2020 yearly 1996 - 2020
Qatar (%) 58.4 2023 yearly 2010 - 2023
Romania (%) 1.3 Jan 2024 monthly Jan 2005 - Jan 2024
Russia (%) 16.4 2022 yearly 1996 - 2022
Saudi Arabia (%) 12.5 Sep 2015 monthly Jan 2005 - Sep 2015
Serbia (%) 10.0 Dec 2023 monthly Feb 2006 - Dec 2023
Singapore (%) 43.6 Jan 2024 monthly Jan 2009 - Jan 2024
Slovakia (%) 30.7 2023 yearly 1999 - 2023
Slovenia (%) -0.5 Jan 2024 monthly Jan 1998 - Jan 2024
South Africa (%) -73.7 2020 yearly 1996 - 2020
Spain (%) 15.3 Jan 2024 monthly Jan 1996 - Jan 2024
Sri Lanka (%) 103.1 Jan 2024 monthly Jan 1980 - Jan 2024
Sudan (%) 55.6 2021 yearly 1991 - 2021
Sweden (%) -74.3 2020 yearly 1996 - 2020
Switzerland (%) 5.9 Jan 2024 monthly Jan 1997 - Jan 2024
Syria (%) 34.5 2019 yearly 1996 - 2019
Taiwan (%) 169.7 Dec 2023 monthly Jan 1984 - Dec 2023
Tajikistan (%) 140.1 2018 yearly 1997 - 2018
Thailand (%) 41.5 Jan 2024 monthly Jan 1982 - Jan 2024

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Montenegro Key Series

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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 Government Revenue: Consolidated (EUR) 255,979,035.020 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 Govt Revenue: Cons: Taxes (EUR) 137,012,115.600 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
General Govt Expenditure: Consolidated (EUR) 400,948,545.750 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
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) 4.456 Dec 2023 monthly Jan 2006 - Dec 2023
Total Exports to China (USD mn) 0.064 Sep 2023 monthly Jan 2010 - Sep 2023
Total Imports from China (USD mn) 40.025 Dec 2023 monthly Jan 2006 - Dec 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: Mineral Fuels, Lubricants & Related Materials (EUR th) 9,039.979 Sep 2023 monthly Mar 2009 - Sep 2023
Exports: Manufactured Goods (EUR th) 4,621.309 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: EU-28: Slovenia (EUR th) 3,055.071 Sep 2023 monthly Mar 2009 - Sep 2023
Exports: Europe: CEFTA: Serbia (EUR th) 11,608.897 Sep 2023 monthly Mar 2009 - Sep 2023
Imports: Miscellaneous Manufactured Goods (EUR th) 49,978.003 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: Manufactured Goods (EUR th) 58,372.312 Sep 2023 monthly Mar 2009 - 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: EU-28: Greece (EUR th) 22,544.386 Sep 2023 monthly Mar 2009 - Sep 2023
Imports: Europe: CEFTA: Serbia (EUR th) 56,453.887 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
BoP: Current Account: Goods: Import (EUR th) 645,611.036 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
Balance of Payments (BoP): Current Account and Capital Account (EUR th) -374,597.413 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

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