GDP in Montenegro
Montenegro - GDPThe 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
|Economic Growth (GDP, annual variation in %)||3.5||1.8||3.4||2.9||4.3|
5 years of economic forecasts for more than 30 economic indicators.
Montenegro GDP Chart
Source: Statistical Office of Montenegro (MONSTAT).
|Exchange Rate||1.13||0.65 %||Feb 14|
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