GDP in Montenegro

Montenegro GDP | Economic News & Forecasts

Montenegro - GDP

Economic growth in Montenegro moderated in Q3 as a slowdown in fixed investment and a contraction in government consumption dented growth. The latest economic indicators, however, suggest that economic activity accelerated in the final quarter of 2016 and should have supported faster growth for the full year. While the volatile industrial production index contracted in Q4, retail sales expanded in the January-December period and tourist arrivals in 2016 rose strongly. Similarly, the external sector have made strong gains throughout the year and is expected to have recovered from 2015’s sharp downturn.

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 Rate1.070.92 %Feb 16

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