GDP in Montenegro

Montenegro GDP | Economic News & Forecasts

Montenegro - GDP

The economy likely finished 2018 on a strong note, following the third quarter’s robust performance. Industrial production gained steam in Q4 on surging electricity and gas supply, and a pick-up in manufacturing output. Meanwhile, upbeat retail sales in October and November bode well for private consumption in Q4, while tourism was strong overall in the quarter, despite a slip in overnight stays in December. Conversely, merchandise exports declined year-on-year in December—following a surge in November—although a contraction in imports caused the goods trade deficit to narrow marginally.

Montenegro - GDP Data

2013  2014  2015  2016  2017  
Economic Growth (GDP, annual variation in %)3.5  1.8  3.4  2.9  4.3  

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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 Rate1.130.65 %Feb 14

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