GDP in Montenegro
Montenegro - GDPPositive economic data continues to accumulate, suggesting that the country started the year on a solid footing. Retail sales expanded at a solid pace in the first quarter of the year and exports grew at another double-digit rate in April. The tourism sector continues to grow at a sharp pace, providing a boon to households. Despite the rosy picture, certain issues such as the health of public finances remain a source of concern. The fiscal consolidation blueprint envisaged by the government needs to be implemented to narrow the budget deficit and reduce soaring public debt. Failure to implement such reforms will make the country more vulnerable to external shocks and harsh austerity measures if economic growth wanes.
Montenegro - GDP Data
|Economic Growth (GDP, annual variation in %)||-||-||-||-||-|
5 years of economic forecasts for more than 30 economic indicators.
Montenegro GDP Chart
Source: Statistical Office of Montenegro (MONSTAT).
|Exchange Rate||1.12||0.43 %||Jun 16|
|Stock Market||1.4||0.0 %||Jun 12|
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