GDP in Montenegro
Montenegro - GDPThe economy remained on firm footing in the second quarter with GDP growth accelerating to 4.9% year-on-year. The expansion was underpinned by the domestic economy, with private consumption accelerating notably—likely thanks to lower unemployment—and fixed investment posting another strong reading. Furthermore, merchandise exports posted another double-digit expansion in the January–August period. On 21 September, Moody’s upgraded Montenegro’s credit rating outlook to positive from stable, thanks to the government’s structural reforms, sizeable investment projects, and progress towards EU accession.
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||1.16||0.65 %||Oct 16|
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