Public Debt in Montenegro
Montenegro - Public DebtThe economy appeared in good shape in the third quarter, following a strong second-quarter result. Tourism continued to expand, with tourist arrivals increasing in July and August, although not at the double-digit rate seen at the start of the year. Meanwhile, industrial production growth accelerated notably in September thanks to robust manufacturing output and electricity, gas and steam generation. Moreover, consumer spending was likely propped up by higher remittance inflows and an improving labor market. Furthermore, fixed investment looked set for a robust quarter, buoyed by continued spending on large infrastructure projects such as the Bar-Boljare highway and a submarine power cable system with Italy.
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||1.13||0.65 %||Nov 13|
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