GDP in Montenegro
Montenegro - GDPThe Montenegrin economy shifted into higher gear in the final quarter of 2016. Annual GDP growth accelerated to 3.4% in Q4, an over-one year high. Faster growth was buttressed by robust growth in the domestic economy. Growth in private consumption and government consumption quickened while growth in fixed investment decelerated though continue to grow at a double-digit rate. The strong quarterly print failed to add much momentum to the economy and full-year growth came in at 2.5%, far lower than 2015’s figure. More recent indicators suggests that the economy remains on an even footing. The volatile industrial production index rebounded in February and tourist arrivals expanded healthily in the first two months of the year.
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||1.07||-0.05 %||Apr 06|
Get a sample report showing all the data and analysis covered in our Regional, Country and Commodities reports.
Start Your Free 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.