GDP in Montenegro

Montenegro GDP | Economic News & Forecasts

Montenegro - GDP

Positive 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

2011  2012  2013  2014  2015  
Economic Growth (GDP, annual variation in %)-     -     -     -     -     

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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

ValueChangeDate
Exchange Rate1.120.43 %Jun 16
Stock Market1.40.0 %Jun 12

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