GDP in Montenegro

Montenegro GDP | Economic News & Forecasts

Montenegro - GDP

The Montenegrin economy lost some momentum in the third quarter of 2016 and expanded 2.4% annually, slightly below the growth rate posted in the previous quarter. A contraction in government consumption and a slowdown in fixed investment prevented a stronger expansion. To keep the economy on a solid footing, newly appointed Prime Minister Dusko Markovic is hoping to encourage investment in infrastructure by improving the business climate. In parallel, the country opened two new chapters in its EU accession talks, which started in 2012, bringing the total number of chapters opened to 26 out of 35.

Montenegro - GDP Data

2011  2012  2013  2014  2015  
Economic Growth (GDP, annual variation in %)3.2  -1.6  3.7  3.9  4.2  

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Montenegro GDP Chart

Montenegro GDP
Note: Annual variation of gross domestic product (GDP) in %.
Source: Statistical Office of Montenegro (MONSTAT).

Montenegro Facts

Exchange Rate1.070.63 %Jan 20

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