Montenegro Visitor Arrivals Growth
2011 - 2025 | Monthly | % | CEIC Data
Key information about Montenegro Visitor Arrivals
- Montenegro Visitor Arrivals dropped 9.8 % in Dec 2025, compared with a decrease of 17.9 % in the previous month
- Montenegro Visitor Arrivals Growth rate data is updated monthly, available from Jan 2011 to Dec 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 28,142.0 person in the month of Dec 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 Dec 2025 in the chart:
What was Montenegro's Visitor Arrivals Growth in Dec 2025?
Montenegro Visitor Arrivals dropped 9.8 % in Dec 2025, compared with a decrease of 17.9 % in the previous month See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| -9.8 Dec 2025 | -17.9 Nov 2025 | -99.8 May 2020 | 16,064.7 May 2021 | % | monthly | Jan 2011 - Dec 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 (%) | 0.8 Dec 2025 | quarterly | Mar 2017 - Dec 2025 |
| Armenia (%) | -4.7 2024 | yearly | 1996 - 2024 |
| Australia (%) | 9.7 Dec 2025 | monthly | Jan 1977 - Dec 2025 |
| Austria (%) | 9.1 Dec 2025 | monthly | Jan 1975 - Dec 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 (%) | -0.6 Jan 2026 | monthly | Jan 2008 - Jan 2026 |
| Botswana (%) | 3.1 2018 | yearly | 1996 - 2018 |
| Brazil (%) | 12.7 2024 | yearly | 1990 - 2024 |
| Brunei (%) | -75.9 2020 | yearly | 1996 - 2020 |
| Bulgaria (%) | 6.9 Jan 2026 | monthly | Jan 2003 - Jan 2026 |
| Cambodia (%) | 12.8 May 2019 | monthly | Jan 1999 - May 2019 |
| Canada (%) | -2.1 Dec 2025 | monthly | Jan 1973 - Dec 2025 |
| Chile (%) | -60.7 Mar 2020 | monthly | Jul 2017 - Mar 2020 |
| China (%) | 9.6 Feb 2016 | monthly | Jan 2001 - Feb 2016 |
| Colombia (%) | -8.4 Jan 2026 | monthly | Jan 2008 - Jan 2026 |
| Croatia (%) | 5.1 Sep 2025 | monthly | Nov 2000 - Sep 2025 |
| Cyprus (%) | 8.5 Jan 2026 | monthly | Jan 2003 - Jan 2026 |
| 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 (%) | 5.1 2025 | yearly | 1997 - 2025 |
| European Union (%) | 3.8 2025 | yearly | 2009 - 2025 |
| Finland (%) | 3.9 Jan 2026 | monthly | Jan 1996 - Jan 2026 |
| France (%) | -46.2 2020 | yearly | 2005 - 2020 |
| Georgia (%) | -80.4 2020 | yearly | 1996 - 2020 |
| Germany (%) | 4.6 Dec 2025 | monthly | Jan 1993 - Dec 2025 |
| Greece (%) | 49.0 Dec 2025 | monthly | Jan 2006 - Dec 2025 |
| Hong Kong SAR, China (%) | -6.2 Jan 2026 | monthly | Mar 2007 - Jan 2026 |
| Hungary (%) | 16.3 Dec 2025 | quarterly | Mar 2005 - Dec 2025 |
| Iceland (%) | -77.8 2020 | yearly | 1996 - 2020 |
| India (%) | 2.0 Dec 2025 | monthly | Mar 1988 - Dec 2025 |
| Indonesia (%) | -12.3 Jan 2026 | monthly | Jan 1980 - Jan 2026 |
| Iran (%) | -83.0 2020 | yearly | 1996 - 2020 |
| Ireland (%) | -2.8 2025 | yearly | 2024 - 2025 |
| Israel (%) | 33.3 Feb 2026 | monthly | Jan 2004 - Feb 2026 |
| Italy (%) | 1.4 2025 | yearly | 1991 - 2025 |
| Ivory Coast (%) | -67.7 2020 | yearly | 1996 - 2020 |
| Japan (%) | -4.9 Jan 2026 | monthly | Jan 1963 - Jan 2026 |
| Jordan (%) | 18.0 2025 | yearly | 2003 - 2025 |
| Kazakhstan (%) | -76.1 2020 | yearly | 1997 - 2020 |
| Kenya (%) | 15.6 2024 | yearly | 1992 - 2024 |
| South Korea (%) | -0.3 Jan 2026 | monthly | Jan 1976 - Jan 2026 |
| Kosovo (%) | 2.3 Dec 2025 | quarterly | Mar 2017 - Dec 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 (%) | 0.5 Dec 2025 | quarterly | Mar 2003 - Dec 2025 |
| Lebanon (%) | -19.1 2024 | yearly | 1997 - 2024 |
| Lithuania (%) | -9.0 2024 | yearly | 1996 - 2024 |
| Luxembourg (%) | 2.3 2025 | yearly | 1981 - 2025 |
| Macau SAR, China (%) | -6.6 Jan 2026 | monthly | Jan 2009 - Jan 2026 |
| North Macedonia (%) | 10.7 Dec 2025 | monthly | Jan 1996 - Dec 2025 |
| Malawi (%) | 4.1 2018 | yearly | 1996 - 2018 |
| Malaysia (%) | 2.0 Dec 2025 | monthly | Jan 1990 - Dec 2025 |
| Malta (%) | 17.0 Dec 2025 | monthly | Jan 2002 - Dec 2025 |
| Mauritius (%) | 12.1 Feb 2026 | monthly | Jan 1999 - Feb 2026 |
| Mexico (%) | 5.6 Nov 2025 | monthly | Jan 1981 - Nov 2025 |
| Moldova (%) | 33.8 2025 | yearly | 1993 - 2025 |
| Mongolia (%) | 16.5 2025 | yearly | 1996 - 2025 |
| Montenegro (%) | -9.8 Dec 2025 | monthly | Jan 2011 - Dec 2025 |
| Morocco (%) | 90.8 Apr 2023 | monthly | Jan 2006 - Apr 2023 |
| Myanmar (%) | -41.0 Feb 2025 | monthly | Jan 2006 - Feb 2025 |
| Nepal (%) | 15.7 Jan 2026 | monthly | Jan 1992 - Jan 2026 |
| Netherlands (%) | 2.9 Dec 2025 | monthly | Jan 2013 - Dec 2025 |
| New Zealand (%) | 7.1 Dec 2025 | monthly | Apr 1979 - Dec 2025 |
| Nigeria (%) | -12.5 2016 | yearly | 1996 - 2016 |
| Norway (%) | -76.2 2020 | yearly | 1996 - 2020 |
| Oman (%) | -75.2 2020 | yearly | 2002 - 2020 |
| Panama (%) | 13.9 Dec 2025 | monthly | Jan 2006 - Dec 2025 |
| Paraguay (%) | 15.0 Dec 2023 | monthly | Jan 2000 - Dec 2023 |
| Peru (%) | 3.0 Jan 2026 | monthly | Jan 2003 - Jan 2026 |
| 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 (%) | 1.3 Dec 2025 | monthly | Feb 2006 - Dec 2025 |
| Singapore (%) | -7.0 Jan 2026 | monthly | Jan 2009 - Jan 2026 |
| Slovakia (%) | 11.8 2025 | yearly | 1999 - 2025 |
| Slovenia (%) | 9.5 Jan 2026 | monthly | Jan 1998 - Jan 2026 |
| South Africa (%) | 20.9 2025 | yearly | 1976 - 2025 |
| Spain (%) | 1.2 Jan 2026 | monthly | Jan 1996 - Jan 2026 |
| Sri Lanka (%) | 16.3 Feb 2026 | monthly | Jan 1980 - Feb 2026 |
| Sudan (%) | 55.6 2021 | yearly | 1991 - 2021 |
| Sweden (%) | -74.3 2020 | yearly | 1996 - 2020 |
| Switzerland (%) | 1.7 Jan 2026 | monthly | Jan 1997 - Jan 2026 |
| Syria (%) | 34.5 2019 | yearly | 1996 - 2019 |
| Taiwan, China (%) | 11.1 Jan 2026 | monthly | Jan 1984 - Jan 2026 |
| Tajikistan (%) | 140.1 2018 | yearly | 1997 - 2018 |
| Thailand (%) | -11.6 Jan 2026 | monthly | Jan 1982 - Jan 2026 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -3.8 Dec 2025 | quarterly | Dec 2012 - Dec 2025 |
| Consolidated Fiscal Balance (USD mn) | -36.484 Jan 2026 | monthly | Jan 2012 - Jan 2026 |
| Tax Revenue (USD mn) | 163.343 Jan 2026 | monthly | Jan 2012 - Jan 2026 |
| Tax Revenue: % of GDP (%) | 26.9 Dec 2025 | quarterly | Mar 2012 - Dec 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 Expenditure: Cons: ow Current (EUR) | 177,546,489.210 Jan 2026 | monthly | Jan 2012 - Jan 2026 |
| General Government Revenue: Consolidated (EUR) | 165,061,889.070 Jan 2026 | monthly | Jan 2012 - Jan 2026 |
| 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 (EUR) | 139,086,135.420 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 |
| Gross General Government External Debt (EUR mn) | 4,417.700 Sep 2025 | monthly | Dec 2010 - Sep 2025 |
| Gross General Government Debt (EUR mn) | 4,705.330 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) | 0.000 Feb 2026 | monthly | Jan 2010 - Feb 2026 |
| Total Imports from USA (USD mn) | 4.082 Dec 2025 | monthly | Jan 2006 - Dec 2025 |
| Total Exports to China (USD mn) | 0.000 Feb 2026 | monthly | Jan 2010 - Feb 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: Machinery & Transport Equipment (EUR th) | 2,172.918 Jan 2026 | monthly | Mar 2009 - Jan 2026 |
| Exports: Mineral Fuels, Lubricants & Related Materials (EUR th) | 9,960.554 Jan 2026 | monthly | Mar 2009 - Jan 2026 |
| Exports: Manufactured Goods (EUR th) | 3,320.534 Dec 2025 | monthly | Mar 2009 - Dec 2025 |
| Exports: Food & Live Animals (EUR th) | 6,643.392 Dec 2025 | monthly | Mar 2009 - Dec 2025 |
| Exports: Crude Materials: excl Fuels (EUR th) | 5,035.582 Jan 2026 | monthly | Mar 2009 - Jan 2026 |
| Imports: Europe: CEFTA: Serbia (EUR th) | 33,474.996 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: Manufactured Goods (EUR th) | 26,771.292 Jan 2026 | monthly | Mar 2009 - Jan 2026 |
| Imports: Food & Live Animals (EUR th) | 90,146.299 Dec 2025 | monthly | Mar 2009 - Dec 2025 |
| Imports: Miscellaneous Manufactured Goods (EUR th) | 57,667.797 Dec 2025 | monthly | Mar 2009 - Dec 2025 |
| Imports: Machinery & Transport Equipment (EUR th) | 48,077.802 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 |
| Exports (EUR th) | 64,607.450 Dec 2025 | monthly | Jan 2005 - Dec 2025 |
| Imports (EUR th) | 392,140.299 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 (%) | -35.8 Dec 2025 | quarterly | Mar 2010 - Dec 2025 |
| Foreign Direct Investment (USD mn) | 213.3 Dec 2025 | quarterly | Mar 2005 - Dec 2025 |
| Foreign Direct Investment: % of GDP (%) | 9.0 Dec 2025 | quarterly | Mar 2010 - Dec 2025 |
| Foreign Portfolio Investment (USD mn) | -89.045 Dec 2025 | quarterly | Mar 2005 - Dec 2025 |
| Foreign Portfolio Investment: % of GDP (%) | -3.8 Dec 2025 | quarterly | Mar 2010 - Dec 2025 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | 149.6 Dec 2025 | quarterly | Mar 2007 - Dec 2025 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | 63.675 Dec 2025 | quarterly | Mar 2007 - Dec 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: 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: 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 (%) | 29.2 Dec 2025 | quarterly | Mar 2007 - Dec 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 (%) | 22.409 Dec 2025 | quarterly | Dec 2006 - Dec 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 (%) | 50.62 Dec 2025 | quarterly | Mar 2007 - Dec 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 |
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