GDP in Montenegro

Montenegro GDP | Economic News & Forecasts

Montenegro - GDP

Official 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 - 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

ValueChangeDate
Exchange Rate1.140.65 %Jan 21

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