Fiscal Balance in Montenegro

Montenegro Fiscal Balance | Economic News & Forecasts

Montenegro - Fiscal Balance

Available data for the third quarter suggests that the economic recovery continued at pace. Industrial output returned to growth on average in the quarter, following a marked contraction in Q2. A healthier external backdrop likely buoyed the sector, with merchandise exports continuing to grow at a solid pace in the period. Moreover, retail sales growth picked up notable steam in the quarter amid a tightening labor market, while stronger growth in goods imports further suggests firming domestic demand. Turning to Q4, the unemployment rate and inflation picked up in October, likely denting household spending somewhat. Moreover, tighter restrictions since mid-November also bode ill for activity in the final stretch of the year. Meanwhile, in late November the Council of Europe urged the government to increase its efforts to tackle money-laundering, which is weighing on EU accession ambitions.

Montenegro - Fiscal Balance Data

2015   2016   2017   2018   2019  
Fiscal Balance (% of GDP)-8.0  -3.4  -5.5  -3.6  -2.9  

Sample Report

5 years of economic forecasts for more than 30 economic indicators.

Download

Montenegro Fiscal Balance Chart


Montenegro Fiscal
Note: Fiscal balance as % of GDP
Source: Ministry of Finance

Montenegro Facts

Value Change Date
Exchange Rate1.120.65 %Dec 31

Sample Report

Get a sample report showing our regional, country and commodities data and analysis.

Download

Request a Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

Search form