Montenegro

National Accounts Last Frequency Range
Nominal GDP (USD mn) 2,278.2 Jun 2025 quarterly Mar 2006 - Jun 2025
Real GDP Growth (%) 1.5 Dec 2025 quarterly Mar 2007 - Dec 2025
Nominal GDP Growth (%) 5.087 Dec 2025 quarterly Mar 2007 - Dec 2025
GDP per Capita (USD) 13,260.131 2024 yearly 2000 - 2024
GDP Deflator Growth (%) 5.0 Jun 2025 quarterly Mar 2007 - Jun 2025
Private Consumption Expenditure (USD mn) 2,063.705 Dec 2025 quarterly Mar 2006 - Dec 2025
Private Consumption: % of GDP (%) 87.4 Dec 2025 quarterly Mar 2006 - Dec 2025
Public Consumption Expenditure (USD mn) 485.582 Dec 2025 quarterly Mar 2006 - Dec 2025
Public Consumption: % of GDP (%) 17.1 Jun 2025 quarterly Mar 2006 - Jun 2025
Investment: % of GDP (%) 28.9 Jun 2025 quarterly Mar 2006 - Jun 2025
Gross Fixed Capital Formation (USD mn) 595.790 Dec 2025 quarterly Mar 2006 - Dec 2025
Gross National Product (GNP) (USD mn) 8,246.973 2024 yearly 1997 - 2024
Gross Savings Rate (%) -9.4 Dec 2025 quarterly Mar 2006 - Dec 2025
Forecast: GDP PPP Per Capita (PPP Intl $) 33,490.670 2027 yearly 2000 - 2027
Forecast: Nominal GDP Per Capita (USD) 19,899.005 2030 yearly 2000 - 2030
Forecast: Real GDP Growth (%) 3.000 2028 yearly 2001 - 2028
Total Trade of Goods & Services: % of Nominal GDP (%) 99.599 Dec 2025 quarterly Mar 2006 - Dec 2025
Production Last Frequency Range
Industrial Production Index Growth (%) 15.8 Jan 2026 monthly Jan 2001 - Jan 2026
Minerals Production (Metric Ton) 2,421,801.000 2023 yearly 2009 - 2023
IPI: YoY: PY=100 (%) -3.100 Dec 2025 monthly Jan 2011 - Dec 2025
Industrial Production Index (IPI): MoM: PY=100 (%) -9.300 Jan 2026 monthly Feb 2010 - Jan 2026
Construction and Properties Last Frequency Range
Building Permits (Unit) 277.000 Dec 2025 quarterly Mar 2011 - Dec 2025
House Prices Growth (%) 13.9 Dec 2025 quarterly Mar 2012 - Dec 2025
New Dwellings: Avg Price (EUR/sq m) 1,098.000 Dec 2018 quarterly Mar 2011 - Dec 2018
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: Consolidated (EUR) 196,128,203.010 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
General Govt Balance: Consolidated: Deficit or Surplus (EUR) -31,066,313.940 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 Government Revenue: Consolidated (EUR) 165,061,889.070 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: Cons: ow Current (EUR) 177,546,489.210 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
Demographic and Labour Market Last Frequency Range
Population (Person mn) 0.6 2024 yearly 1921 - 2024
Labour Force Participation Rate (%) 61.0 Jun 2025 quarterly Mar 2008 - Jun 2025
Employed Persons (Person) 271,640.000 Jan 2026 monthly Jan 2004 - Jan 2026
Unemployment Rate (%) 10.50 Jun 2025 quarterly Mar 2008 - Jun 2025
Monthly Earnings (USD) 1,429 Dec 2025 monthly Jan 2004 - Dec 2025
Labour Productivity Growth (%) 3.97 Sep 2025 quarterly Mar 2009 - Sep 2025
Forecast: Population (Person mn) 0.626 2030 yearly 2000 - 2030
Forecast: Unemployment Rate (%) 11.000 2015 yearly 2003 - 2015
ME: Monthly Minimum Wage (EUR) 670.000 Jun 2026 semiannually Jun 2013 - Jun 2026
Avg Gross Monthly Wages: NACE 2: Financial & Insurance Activities (EUR) 2,031.000 Nov 2025 monthly Jan 2011 - Nov 2025
Avg Gross Monthly Wages (EUR) 1,228.000 Jan 2026 monthly Jan 2004 - Jan 2026
Avg Gross Monthly Wages: NACE 2: Wholesale & Retail Trade, Repair of Motor Vehic... (EUR) 1,119.000 Nov 2025 monthly Jan 2011 - Nov 2025
Avg Gross Monthly Wages: NACE 2: Manufacturing (EUR) 1,084.000 Jan 2026 monthly Jan 2011 - Jan 2026
Employment (Person th) 285.300 Sep 2025 quarterly Mar 2008 - Sep 2025
Employment: Male (Person th) 150.700 Sep 2025 quarterly Mar 2008 - Sep 2025
Employment: Female (Person th) 134.600 Sep 2025 quarterly Mar 2008 - Sep 2025
Labour Force: Female (Person th) 146.600 Sep 2025 quarterly Mar 2008 - Sep 2025
Labour Force (Person th) 317.200 Sep 2025 quarterly Mar 2008 - Sep 2025
Unemployment: Female (Person th) 12.000 Sep 2025 quarterly Mar 2008 - Sep 2025
Unemployment: Male (Person th) 19.900 Sep 2025 quarterly Mar 2008 - Sep 2025
Unemployment (Person th) 31.900 Sep 2025 quarterly Mar 2008 - Sep 2025
Labour Force: Male (Person th) 172.000 Sep 2024 quarterly Mar 2008 - Sep 2024
Employment: Industry (Person th) 54.302 Sep 2024 quarterly Mar 2008 - Sep 2024
Employment: Services (Person th) 220.988 Sep 2024 quarterly Mar 2008 - Sep 2024
Employment: Agriculture (Person th) 12.300 Sep 2024 quarterly Mar 2008 - Sep 2024
Domestic Trade and Household Survey Last Frequency Range
Retail Sales Growth (%) 3.6 Oct 2025 monthly Jan 2007 - Oct 2025
Household Expenditure per Capita (USD) 2,654.121 2021 yearly 2005 - 2021
Household Income per Capita (USD) 2,678.254 2015 yearly 2005 - 2015
Retail Trade Turnover Index: NACE 2: Constant Price: Same Mth PY=100 (Same Mth PY=100) 101.900 Jan 2026 monthly Jan 2011 - Jan 2026
Inflation Last Frequency Range
Consumer Price Index CPI Growth (%) 4.8 Oct 2025 monthly Jan 2008 - Oct 2025
Core CPI Change (%) 3.523 Jan 2026 monthly Jan 2011 - Jan 2026
CPI: Food and Non Alcoholic Beverage Change (%) 2.902 Jan 2026 monthly Jan 2008 - Jan 2026
Producer Price Index Growth (%) 0.5 Dec 2025 monthly Jan 2001 - Dec 2025
Forecast: Consumer Price Index Growth (%) 1.889 2028 yearly 2000 - 2028
Harmonized Consumer Price Index (HICP) (Prev Mth=100) 100.135 Dec 2022 monthly Feb 2010 - Dec 2022
PPI: NACE 2: PY=100: Electricity, Gas, Steam & Air Conditioning Supply (Prev Year=100) 100.000 Dec 2025 monthly Jun 2007 - Dec 2025
PPI: PY=100 (Prev Year=100) 101.559 Jan 2026 monthly Jun 2007 - Jan 2026
PPI: NACE 2: PY=100: Mining & Quarrying (MQ) (Prev Year=100) 102.584 Jan 2026 monthly Jun 2007 - Jan 2026
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: Mineral Fuels, Lubricants & Related Materials (EUR th) 9,960.554 Jan 2026 monthly Mar 2009 - Jan 2026
Exports: Machinery & Transport Equipment (EUR th) 2,172.918 Jan 2026 monthly Mar 2009 - Jan 2026
Exports: Crude Materials: excl Fuels (EUR th) 5,035.582 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
Imports: Europe: EU-28: Greece (EUR th) 9,639.087 Dec 2025 monthly Mar 2009 - Dec 2025
Imports: Europe: CEFTA: Serbia (EUR th) 33,474.996 Jan 2026 monthly Mar 2009 - Jan 2026
Imports: Food & Live Animals (EUR th) 90,146.299 Dec 2025 monthly Mar 2009 - Dec 2025
Imports: Manufactured Goods (EUR th) 26,771.292 Jan 2026 monthly Mar 2009 - Jan 2026
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: Serbia (EUR) 125,266,558.270 2023 yearly 2002 - 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
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 (%) 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
Banking Statistics Last Frequency Range
Liquid Assets Ratio (%) 22.0 Sep 2024 quarterly Dec 2003 - Sep 2024
Capital Adequacy Ratio (%) 19.8 Sep 2024 quarterly Dec 2001 - Sep 2024
Interest and Foreign Exchange Rates Last Frequency Range
Bank Lending Rate (% pa) 6.170 Jan 2026 monthly Sep 2005 - Jan 2026
Exchange Rate against USD (USD/EUR) 0.859 Oct 2025 monthly Jan 1999 - Oct 2025
Policy Rate (% pa) 2.15 Feb 2026 monthly Jan 1999 - Feb 2026
Short Term Interest Rate (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
Energy Last Frequency Range
Electricity Production (GWh) 3,205 2024 yearly 2000 - 2024
Tourism Last Frequency Range
Visitor Arrivals (Person) 24,261 Jan 2026 monthly Jan 2010 - Jan 2026
Visitor Arrivals Growth (%) -9.8 Dec 2025 monthly Jan 2011 - Dec 2025
Tourism Revenue (USD mn) 180 2020 yearly 2007 - 2020
Tourism Revenue Growth (%) -85.9 2020 yearly 2008 - 2020
Financial Market Last Frequency Range
Equity Market Index (01Mar2003=1000) 18,588.7 Feb 2026 monthly Mar 2003 - Feb 2026
Market Capitalization: % of GDP (%) 50.1 2024 yearly 2003 - 2024
Market Capitalization (USD mn) 2,381.441 Feb 2026 monthly Jan 2003 - Feb 2026
Wholesale Trade Turnover (EUR th) 3,532.000 2023 yearly 2006 - 2023
Market Capitalisation (EUR) 2,014,414,528.320 Feb 2026 monthly Mar 2003 - Feb 2026
Turnover Value (EUR) 26,939,991.420 Feb 2026 monthly Apr 2004 - Feb 2026
Transport and Telecommunications Last Frequency Range
Liner Shipping Connectivity Index (2004=100) 2.990 2018 yearly 2008 - 2018
Number of Subscriber Fixed Line (Unit) 190,344.000 2023 yearly 2005 - 2023
Number of Subscriber Mobile (Person) 1,312,960.000 2023 yearly 2004 - 2023
Teledensity: Fixed Line (Number) 30.000 2023 yearly 2005 - 2023
Teledensity: Mobile (Number) 207.238 2023 yearly 2004 - 2023
Exports: ICT Goods (USD th) 4,680.567 2024 yearly 2008 - 2024
Exports: Telecommunication Equipment (USD th) 2,681.588 2024 yearly 2008 - 2024
Exports: Television (USD th) 217.291 2024 yearly 2008 - 2024
Imports: ICT Goods (USD th) 183,806.476 2024 yearly 2008 - 2024
Imports: Telecommunication Equipment (USD th) 83,059.567 2024 yearly 2008 - 2024
Imports: Television (USD th) 26,112.760 2024 yearly 2008 - 2024
Airport Traffic: Quarterly: No of Passengers (Person) 43,870.000 Dec 2025 quarterly Mar 2007 - Dec 2025
Airport Traffic: Quarterly: Goods (Ton) 149.000 Dec 2025 quarterly Mar 2007 - Dec 2025
No of Registered Vehicles (Unit) 86,929.000 Dec 2025 quarterly Mar 2011 - Dec 2025
No of Registered Vehicles: Passenger Cars (Unit) 75,475.000 Dec 2025 quarterly Mar 2011 - Dec 2025
Railway Transport: Quarterly: No of Passengers (Person th) 139.000 Dec 2025 quarterly Mar 2007 - Dec 2025
Railway Transport: Quarterly: Goods (Ton th) 286.000 Dec 2025 quarterly Mar 2007 - Dec 2025
Road Transport: Quarterly: Goods (Ton th) 262.000 Dec 2025 quarterly Mar 2007 - Dec 2025
Road Transport: Quarterly: No of Passengers (Person th) 2,083.000 Dec 2025 quarterly Mar 2007 - Dec 2025

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