Public Debt in Montenegro
Montenegro - Public DebtThe latest data suggests economic momentum broadly held up at the end of the second quarter and start of the third quarter. In the first seven months of the year, the tourism sector grew sizably, driven by a significant influx of tourists from Russia, Serbia and the EU. Moreover, merchandise exports posted another double-digit expansion in the January–July period, although the trade deficit widened further on strong import growth. In addition, ongoing large infrastructure projects—such as the Bar-Boljare highway—are likely buoying fixed investment, and industrial production remained very strong despite weakening in July from the over 30% expansion in June.
Montenegro - Public Debt Data
|Public Debt (% of GDP)||55.2||59.9||66.2||64.4||65.1|
5 years of economic forecasts for more than 30 economic indicators.
Source: Ministry of Finance
|Exchange Rate||1.18||0.65 %||Sep 20|
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