Fiscal Balance in Montenegro
Montenegro - Fiscal BalanceOfficial national accounts data reveals the economy powered ahead in the third quarter, thanks to strong performances from both the domestic economy and the external sector. Fixed investment again grew at a stellar rate, while strong private consumption came on the back of a booming tourism sector and solid remittance inflows. On the external side, net trade contributed to headline growth in Q3, after hampering the expansion in both Q1 and Q2. Looking to the final quarter, the tourism sector remained in good stead, with overnight stays increasing notably in November.
Montenegro - Fiscal Balance Data
|Fiscal Balance (% of GDP)||-4.8||-1.3||-8.3||-3.5||-5.4|
5 years of economic forecasts for more than 30 economic indicators.
Montenegro Fiscal Balance Chart
Source: Ministry of Finance
|Exchange Rate||1.14||0.65 %||Jan 16|
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