Montenegro Visitor Arrivals Growth
2011 - 2025 | Monthly | % | CEIC Data
Key information about Montenegro Visitor Arrivals
- Montenegro Visitor Arrivals dropped 17.9 % in Nov 2025, compared with an increase of 8.7 % in the previous month
- Montenegro Visitor Arrivals Growth rate data is updated monthly, available from Jan 2011 to Nov 2025
- The data reached an all-time high of 16,064.7 % in May 2021 and a record low of -99.8 % in May 2020
Further information about Montenegro Visitor Arrivals
- In the latest reports, Montenegro Visitor Arrivals recorded 39,407.0 person in the month of Nov 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 Nov 2025 in the chart:
What was Montenegro's Visitor Arrivals Growth in Nov 2025?
Montenegro Visitor Arrivals dropped 17.9 % in Nov 2025, compared with an increase of 8.7 % in the previous month See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| -17.9 Nov 2025 | 8.7 Oct 2025 | -99.8 May 2020 | 16,064.7 May 2021 | % | monthly | Jan 2011 - Nov 2025 |
Visitor Arrivals Growth by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 10.8 Dec 2025 | quarterly | Mar 2006 - Dec 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 (%) | 19.5 Nov 2025 | monthly | Jan 1977 - Nov 2025 |
| Austria (%) | 10.2 Nov 2025 | monthly | Jan 1975 - Nov 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 (%) | -5.2 Nov 2025 | monthly | Jan 2008 - Nov 2025 |
| Botswana (%) | 3.1 2018 | yearly | 1996 - 2018 |
| Brazil (%) | 12.7 2024 | yearly | 1990 - 2024 |
| Brunei (%) | -75.9 2020 | yearly | 1996 - 2020 |
| Bulgaria (%) | 2.9 Nov 2025 | monthly | Jan 2003 - Nov 2025 |
| Cambodia (%) | 12.8 May 2019 | monthly | Jan 1999 - May 2019 |
| Canada (%) | -7.7 Nov 2025 | monthly | Jan 1973 - Nov 2025 |
| Chile (%) | -60.7 Mar 2020 | monthly | Jul 2017 - Mar 2020 |
| China (%) | 9.6 Feb 2016 | monthly | Jan 2001 - Feb 2016 |
| Colombia (%) | -16.7 Nov 2025 | monthly | Jan 2008 - Nov 2025 |
| Croatia (%) | 5.1 Sep 2025 | monthly | Nov 2000 - Sep 2025 |
| Cyprus (%) | 18.0 Dec 2025 | monthly | Jan 2003 - Dec 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 (%) | 11.0 Nov 2025 | monthly | Jan 1996 - Nov 2025 |
| France (%) | -46.2 2020 | yearly | 2005 - 2020 |
| Georgia (%) | -80.4 2020 | yearly | 1996 - 2020 |
| Germany (%) | 5.3 Oct 2025 | monthly | Jan 1993 - Oct 2025 |
| Greece (%) | 9.7 Nov 2025 | monthly | Jan 2006 - Nov 2025 |
| Hong Kong SAR, China (%) | 3.4 Dec 2025 | monthly | Mar 2007 - Dec 2025 |
| Hungary (%) | 3.1 Jun 2025 | quarterly | Mar 2005 - Jun 2025 |
| Iceland (%) | -77.8 2020 | yearly | 1996 - 2020 |
| India (%) | -10.3 Sep 2025 | monthly | Mar 1988 - Sep 2025 |
| Indonesia (%) | 9.8 Nov 2025 | monthly | Jan 1980 - Nov 2025 |
| Iran (%) | -83.0 2020 | yearly | 1996 - 2020 |
| Ireland (%) | 5.3 2024 | yearly | 2024 - 2024 |
| Israel (%) | 82.9 Dec 2025 | monthly | Jan 2004 - Dec 2025 |
| Italy (%) | 8.9 2024 | yearly | 1991 - 2024 |
| Ivory Coast (%) | -67.7 2020 | yearly | 1996 - 2020 |
| Japan (%) | 3.7 Dec 2025 | monthly | Jan 1963 - Dec 2025 |
| Jordan (%) | -5.7 2024 | yearly | 2003 - 2024 |
| Kazakhstan (%) | -76.1 2020 | yearly | 1997 - 2020 |
| Kenya (%) | 15.6 2024 | yearly | 1992 - 2024 |
| South Korea (%) | 17.4 Nov 2025 | monthly | Jan 1976 - Nov 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 (%) | 10.9 Dec 2025 | monthly | Jan 2009 - Dec 2025 |
| North Macedonia (%) | 7.2 Oct 2025 | monthly | Jan 1996 - Oct 2025 |
| Malawi (%) | 4.1 2018 | yearly | 1996 - 2018 |
| Malaysia (%) | 12.0 Nov 2025 | monthly | Jan 1990 - Nov 2025 |
| Malta (%) | 15.9 Nov 2025 | monthly | Jan 2002 - Nov 2025 |
| Mauritius (%) | 4.7 Nov 2025 | monthly | Jan 1999 - Nov 2025 |
| Mexico (%) | 5.6 Nov 2025 | monthly | Jan 1981 - Nov 2025 |
| Moldova (%) | 55.1 2024 | yearly | 1993 - 2024 |
| Mongolia (%) | 22.5 2024 | yearly | 1996 - 2024 |
| Montenegro (%) | -17.9 Nov 2025 | monthly | Jan 2011 - Nov 2025 |
| Morocco (%) | 90.8 Apr 2023 | monthly | Jan 2006 - Apr 2023 |
| Myanmar (%) | -41.0 Feb 2025 | monthly | Jan 2006 - Feb 2025 |
| Nepal (%) | 6.7 Dec 2025 | monthly | Jan 1992 - Dec 2025 |
| Netherlands (%) | 5.2 Nov 2025 | monthly | Jan 2013 - Nov 2025 |
| New Zealand (%) | 7.9 Nov 2025 | monthly | Apr 1979 - Nov 2025 |
| Nigeria (%) | -12.5 2016 | yearly | 1996 - 2016 |
| Norway (%) | -76.2 2020 | yearly | 1996 - 2020 |
| Oman (%) | -75.2 2020 | yearly | 2002 - 2020 |
| Panama (%) | 18.5 Oct 2025 | monthly | Jan 2006 - Oct 2025 |
| Paraguay (%) | 15.0 Dec 2023 | monthly | Jan 2000 - Dec 2023 |
| Peru (%) | 2.1 Dec 2025 | monthly | Jan 2003 - Dec 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 (%) | 21.3 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 (%) | -7.8 Nov 2025 | monthly | Feb 2006 - Nov 2025 |
| Singapore (%) | 4.8 Nov 2025 | monthly | Jan 2009 - Nov 2025 |
| Slovakia (%) | 3.9 2024 | yearly | 1999 - 2024 |
| Slovenia (%) | 12.9 Dec 2025 | monthly | Jan 1998 - Dec 2025 |
| South Africa (%) | 0.6 2024 | yearly | 1976 - 2024 |
| Spain (%) | 2.1 Nov 2025 | monthly | Jan 1996 - Nov 2025 |
| Sri Lanka (%) | 4.2 Dec 2025 | monthly | Jan 1980 - Dec 2025 |
| Sudan (%) | 55.6 2021 | yearly | 1991 - 2021 |
| Sweden (%) | -74.3 2020 | yearly | 1996 - 2020 |
| Switzerland (%) | -0.1 Nov 2025 | monthly | Jan 1997 - Nov 2025 |
| Syria (%) | 34.5 2019 | yearly | 1996 - 2019 |
| Taiwan, China (%) | 4.8 Dec 2025 | monthly | Jan 1984 - Dec 2025 |
| Tajikistan (%) | 140.1 2018 | yearly | 1997 - 2018 |
| Thailand (%) | -7.1 Dec 2025 | monthly | Jan 1982 - Dec 2025 |
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) | -68.106 Nov 2025 | monthly | Jan 2012 - Nov 2025 |
| Tax Revenue (USD mn) | 178.971 Nov 2025 | monthly | Jan 2012 - Nov 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 Govt Revenue: Cons: Taxes: Value Added Tax (EUR) | 107,592,791.440 Nov 2025 | monthly | Jan 2012 - Nov 2025 |
| General Govt Revenue: Cons: Taxes: Excises (EUR) | 28,400,492.250 Nov 2025 | monthly | Jan 2012 - Nov 2025 |
| General Govt Expenditure: Consolidated (EUR) | 255,753,528.550 Nov 2025 | monthly | Jan 2012 - Nov 2025 |
| General Govt Balance: Consolidated: Deficit or Surplus (EUR) | -58,925,142.570 Nov 2025 | monthly | Jan 2012 - Nov 2025 |
| General Govt Expenditure: Cons: ow Current (EUR) | 229,912,079.780 Nov 2025 | monthly | Jan 2012 - Nov 2025 |
| General Government Revenue: Consolidated (EUR) | 196,828,385.980 Nov 2025 | monthly | Jan 2012 - Nov 2025 |
| General Govt Revenue: Cons: Taxes (EUR) | 154,846,007.130 Nov 2025 | monthly | Jan 2012 - Nov 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 |
| Gross General Government Debt (EUR mn) | 4,705.330 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) | 57.1 Nov 2025 | monthly | Jan 2005 - Nov 2025 |
| Total Exports Growth (%) | -26.2 Nov 2025 | monthly | Jan 2006 - Nov 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) | 377.0 Nov 2025 | monthly | Jan 2005 - Nov 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) | 0.352 Nov 2025 | monthly | Jan 2010 - Nov 2025 |
| Total Imports from USA (USD mn) | 2.451 Nov 2025 | monthly | Jan 2006 - Nov 2025 |
| Total Exports to China (USD mn) | 0.137 Oct 2025 | monthly | Jan 2010 - Oct 2025 |
| Total Imports from China (USD mn) | 44.620 Nov 2025 | monthly | Jan 2006 - Nov 2025 |
| Exports: Europe: CEFTA: Serbia (EUR th) | 12,021.888 Nov 2025 | monthly | Mar 2009 - Nov 2025 |
| Exports: Europe: EU-28: Slovenia (EUR th) | 2,648.187 Nov 2025 | monthly | Mar 2009 - Nov 2025 |
| Exports: Food & Live Animals (EUR th) | 5,548.692 Oct 2025 | monthly | Mar 2009 - Oct 2025 |
| Exports: Machinery & Transport Equipment (EUR th) | 12,907.394 Nov 2025 | monthly | Mar 2009 - Nov 2025 |
| Exports: Crude Materials: excl Fuels (EUR th) | 6,843.589 Nov 2025 | monthly | Mar 2009 - Nov 2025 |
| Exports: Mineral Fuels, Lubricants & Related Materials (EUR th) | 9,719.045 Oct 2025 | monthly | Mar 2009 - Oct 2025 |
| Exports: Manufactured Goods (EUR th) | 3,759.756 Nov 2025 | monthly | Mar 2009 - Nov 2025 |
| Imports: Europe: EU-28: Greece (EUR th) | 10,492.429 Nov 2025 | monthly | Mar 2009 - Nov 2025 |
| Imports: Europe: CEFTA: Serbia (EUR th) | 55,429.224 Nov 2025 | monthly | Mar 2009 - Nov 2025 |
| Imports: Food & Live Animals (EUR th) | 60,242.405 Nov 2025 | monthly | Mar 2009 - Nov 2025 |
| Imports: Miscellaneous Manufactured Goods (EUR th) | 40,228.765 Nov 2025 | monthly | Mar 2009 - Nov 2025 |
| Imports: Manufactured Goods (EUR th) | 52,393.677 Nov 2025 | monthly | Mar 2009 - Nov 2025 |
| Imports: Machinery & Transport Equipment (EUR th) | 82,387.227 Nov 2025 | monthly | Mar 2009 - Nov 2025 |
| Imports: Mineral Fuels, Lubricants & Related Materials (EUR th) | 44,482.675 Oct 2025 | monthly | Mar 2009 - Oct 2025 |
| Exports (EUR th) | 49,375.324 Nov 2025 | monthly | Jan 2005 - Nov 2025 |
| Imports (EUR th) | 326,191.124 Nov 2025 | monthly | Jan 2005 - Nov 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) | 8,741.3 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) | -1.406 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: 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: Switzerland (EUR) | 65,139,405.970 2023 | yearly | 2001 - 2023 |
| Foreign Direct Investment: Flow: Italy (EUR) | 5,543,222.480 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 Dec 2025 | monthly | Jan 2002 - Dec 2025 |
| 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) | 4.4 Nov 2025 | monthly | Jan 2005 - Nov 2025 |
| Gold Reserves (USD mn) | 0.000 Dec 2025 | monthly | Dec 2002 - Dec 2025 |
| Total Deposits (USD mn) | 7,126.573 Dec 2025 | monthly | Jan 2003 - Dec 2025 |
| Total Deposits Growth (%) | 4.0 Dec 2025 | monthly | Jan 2004 - Dec 2025 |
| Domestic Credit (USD mn) | 4,697.7 Oct 2025 | monthly | Jan 2005 - Oct 2025 |
| Domestic Credit Growth (%) | 9.7 Dec 2025 | monthly | Jan 2006 - Dec 2025 |
| Household Debt (USD mn) | 2,801.6 Dec 2025 | monthly | Dec 2004 - Dec 2025 |
| Total Loans (USD mn) | 6,207.035 Oct 2025 | monthly | Jan 2003 - Oct 2025 |
| Total Loans Growth (%) | 14.24 Dec 2025 | monthly | Jan 2004 - Dec 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
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.