Public Debt in Montenegro

Montenegro Public Debt | Economic News & Forecasts

Montenegro - Public Debt

The 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

2013  2014  2015  2016  2017  
Public Debt (% of GDP)55.2  59.9  66.2  64.4  65.1  

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Note: Public debt as % of GDP.
Source: Ministry of Finance

Montenegro Facts

Exchange Rate1.180.65 %Sep 20

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