Montenegro Economic Statistics and Indicators

27, May 2012, CEST. Welcome to the Econ Stats Beta from EconomyWatch.com.

Country: Montenegro
National or Regional Currency: Euro, EUR
Year of data: 2013 › Change year
Date of Last Update: 1st August 2011
Area: total: 13,812 sq km land: 13,452 sq km water: 360 sq km
Natural Resources: bauxite, hydroelectricity
Capital: name: Podgorica geographic coordinates: 42 26 N, 19 16 E time difference: UTC+1 (6 hours ahead of Washington, DC during Standard Time) daylight saving time: +1 hr, begins last Sunday in March; ends last Sunday in October
Data Source: All Sources (IMF, World Bank, UN, OECD, CIA World Factbook, Internet World Statistics, The Heritage Foundation and Transparency International)
More on the Montenegro Economy
More on the Montenegro Export, Import and Trade
Economic Indicator Listing
  For Montenegro in year 2013 Indicator Value
GDP Growth (Constant Prices, National Currency) 3.706 %
GDP (Current Prices, National Currency)EUR 3.427 Billion.
GDP (Current Prices, US Dollars)US$ 4.551 Billion
GDP Deflator 146.872 (Index, Base Year as per country's accounts = 100)
GDP (PPP), US DollarsUS$ 7.659 Billion
GDP Per Capita (PPP), US DollarsUS$ 12,235.11
GDP Share of World Total (PPP) 0.009 %
Implied PPP Conversion Rate 0.447
Investment (% of GDP) 23 %
Gross National Savings (% of GDP) 3.823 %
Inflation, Average Consumer Prices (Indexed to Year 2000) 428.69 (Index, Base Year 2000 = 100)
Inflation (Average Consumer Price Change %) 1.8 %
Import Volume of All Items Including Goods and Services (Percent Change) -0.186 %
Import Volumes of Goods Only (Percent Change) 0.19 %
Export Volume of All Items Including Goods and Services (Percent Change) 5.184 %
Export Volumes of Goods Only (Percent Change) 8.234 %
General government revenue (National Currency)EUR 1.446 Billions.
General government revenue (% of GDP) 42.206 %
General government total expenditure (National Currency)EUR 1.513 Billions.
General government total expenditure (% of GDP) 44.166 %
Total Government Net Lending/ Borrowing (National Currency)EUR -0.067 Billions.
Total Government Net Lending/ Borrowing (% of GDP) -1.96 %
General Government Balance (National Currency)EUR -0.011 Billion.
General Government Balance (% of GDP) -0.316 %
Total Government Net Debt (National Currency)EUR 1.333 Billion.
Total Government Net Debt (% of GDP) 38.897 %
Total Government Gross Debt (National Currency)EUR 1.408 Billion.
Total Government Gross Debt (% of GDP) 41.094 %
Fiscal Year Gross Domestic Product, Current PricesEUR 3.427 Billions.
Current Account Balance (US Dollars)US$ -0.873 Billion
Current Account Balance (% GDP) -19.177 %
Economic Indicators for Montenegro 2013

GDP (Constant Prices, National Currency) for Montenegro in year 2013 is EUR 2.333 Billion. Real GDP is expressed in billions of national currency units; the base year is country-specific.

GDP Growth (Constant Prices, National Currency) for Montenegro in year 2013 is 3.706 %. Annual percentages of constant price GDP are year-on-year changes; the base year is country-specific.

GDP (Current Prices, National Currency) for Montenegro in year 2013 is EUR 3.427 Billion. GDP is expressed in billions of national currency units.

GDP (Current Prices, US Dollars) for Montenegro in year 2013 is US$ 4.551 Billion. Values are based upon GDP in national currency and the exchange rate projections provided by country economists for the group of other emerging market and developing countries. Exchanges rates for advanced economies are established in the WEO assumptions.

GDP Deflator for Montenegro in year 2013 is 146.872 (Index, Base Year as per country's accounts = 100). The GDP deflator is derived by dividing current price GDP by constant price GDP and is considered to be an alternate measure of inflation. Please note: Data are expressed in the base year of each country's national accounts.

GDP (PPP), US Dollars for Montenegro in year 2013 is US$ 7.659 Billion. Gross domestic product based on purchasing-power-parity (PPP) valuation of country GDP. These data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. Please note: The IMF is not a primary source for purchasing power parity (PPP) data. WEO weights have been created from primary sources and are used solely for purposes of generating country group composites.

GDP Per Capita (PPP), US Dollars for Montenegro in year 2013 is US$ 12,235.11 . Gross domestic product based on purchasing-power-parity (PPP) per capita GDP. These data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. Please note: The IMF is not a primary source for purchasing power parity (PPP) data. WEO weights have been created from primary sources and are used solely for purposes of generating country group composites.

GDP Share of World Total (PPP) for Montenegro in year 2013 is 0.009 %. Gross domestic product based on purchasing-power-parity (PPP) share of world total. These data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. Please note: The IMF is not a primary source for purchasing power parity (PPP) data. WEO weights have been created from primary sources and are used solely for purposes of generating country group composites.

Implied PPP Conversion Rate for Montenegro in year 2013 is 0.447 . These data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. Please note: The IMF is not a primary source for purchasing power parity (PPP) data. WEO weights have been created from primary sources and are used solely for purposes of generating country group composites.

Investment (% of GDP) for Montenegro in year 2013 is 23 %. Data are based on individual countries' national accounts statistics. For many countries, the estimates of national saving are built up from national accounts data on gross domestic investment and from balance of payments-based data on net foreign investment.

Gross National Savings (% of GDP) for Montenegro in year 2013 is 3.823 %. Data are based on individual countries' national accounts statistics. For many countries, the estimates of national saving are built up from national accounts data on gross domestic investment and from balance of payments-based data on net foreign investment.

Inflation, Average Consumer Prices (Indexed to Year 2000) for Montenegro in year 2013 is 428.69 (Index, Base Year 2000 = 100). Data for inflation are averages for the year, not end-of-period data. The index is based on 2000=100.

Inflation (Average Consumer Price Change %) for Montenegro in year 2013 is 1.8 %. Data for inflation are averages for the year, not end-of-period data.

Import Volume of All Items Including Goods and Services (Percent Change) for Montenegro in year 2013 is -0.186 %.

Import Volumes of Goods Only (Percent Change) for Montenegro in year 2013 is 0.19 %.

Export Volume of All Items Including Goods and Services (Percent Change) for Montenegro in year 2013 is 5.184 %.

Export Volumes of Goods Only (Percent Change) for Montenegro in year 2013 is 8.234 %.

General government revenue (National Currency) for Montenegro in year 2013 is EUR 1.446 Billions. Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities.

General government revenue (% of GDP) for Montenegro in year 2013 is 42.206 %. Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities.

General government total expenditure (National Currency) for Montenegro in year 2013 is EUR 1.513 Billions. Total expenditure consists of total expense and the net acquisition of nonfinancial assets. Note: Apart from being on an accrual basis, total expenditure differs from the GFSM 1986 definition of total expenditure in the sense that it also takes the disposals of nonfinancial assets into account.

General government total expenditure (% of GDP) for Montenegro in year 2013 is 44.166 %. Total expenditure consists of total expense and the net acquisition of nonfinancial assets. Note: Apart from being on an accrual basis, total expenditure differs from the GFSM 1986 definition of total expenditure in the sense that it also takes the disposals of nonfinancial assets into account.

Total Government Net Lending/ Borrowing (National Currency) for Montenegro in year 2013 is EUR -0.067 Billions. Net lending (+)/ borrowing (?) is calculated as revenue minus total expenditure. This is a core GFS balance that measures the extent to which general government is either putting financial resources at the disposal of other sectors in the economy and nonresidents (net lending), or utilizing the financial resources generated by other sectors and nonresidents (net borrowing). This balance may be viewed as an indicator of the financial impact of general government activity on the rest of the economy and nonresidents (GFSM 2001, paragraph 4.17). Note: Net lending (+)/borrowing (?) is also equal to net acquisition of financial assets minus net incurrence of liabilities.

Total Government Net Lending/ Borrowing (% of GDP) for Montenegro in year 2013 is -1.96 %.

General Government Balance (National Currency) for Montenegro in year 2013 is EUR -0.011 Billion. Primary net lending/borrowing is net lending (+)/borrowing (?) plus net interest payable/paid (interest expense minus interest revenue).

General Government Balance (% of GDP) for Montenegro in year 2013 is -0.316 %. Primary net lending/borrowing is net lending (+)/borrowing (?) plus net interest payable/paid (interest expense minus interest revenue).

Total Government Net Debt (National Currency) for Montenegro in year 2013 is EUR 1.333 Billion. Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable.receivable.

Total Government Net Debt (% of GDP) for Montenegro in year 2013 is 38.897 %. Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable.

Total Government Gross Debt (National Currency) for Montenegro in year 2013 is EUR 1.408 Billion. Gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. This includes debt liabilities in the form of SDRs, currency and deposits, debt securities, loans, insurance, pensions and standardized guarantee schemes, and other accounts payable. Thus, all liabilities in the GFSM 2001 system are debt, except for equity and investment fund shares and financial derivatives and employee stock options. Debt can be valued at current market, nominal, or face values (GFSM 2001, paragraph 7.110).

Total Government Gross Debt (% of GDP) for Montenegro in year 2013 is 41.094 %. Gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. This includes debt liabilities in the form of SDRs, currency and deposits, debt securities, loans, insurance, pensions and standardized guarantee schemes, and other accounts payable. Thus, all liabilities in the GFSM 2001 system are debt, except for equity and investment fund shares and financial derivatives and employee stock options. Debt can be valued at current market, nominal, or face values (GFSM 2001, paragraph 7.110).

Fiscal Year Gross Domestic Product, Current Prices for Montenegro in year 2013 is EUR 3.427 Billions. Gross domestic product corresponding to fiscal year is the country's GDP based on the same period during the year as their fiscal data. In the case of countries whose fiscal data are based on a fiscal calendar (e.g., July to June), this series would be the country's GDP over that same period. For countries whose fiscal data are based on a calendar year (i.e., January to December), this series will be the same as their GDP in current prices.

Current Account Balance (US Dollars) for Montenegro in year 2013 is US$ -0.873 Billion. Current account is all transactions other than those in financial and capital items. The major classifications are goods and services, income and current transfers. The focus of the BOP is on transactions (between an economy and the rest of the world) in goods, services, and income.

Current Account Balance (% GDP) for Montenegro in year 2013 is -19.177 %. Current account is all transactions other than those in financial and capital items. The major classifications are goods and services, income and current transfers. The focus of the BOP is on transactions (between an economy and the rest of the world) in goods, services, and income.

* Source: IMF
Aggregate Indicators for Montenegro
Indicators
  Geography (Location, geographic coordinates, map references, area, terrain, elevation extremes, borders, coastline and maritime claims) for Montenegro
  Climate and Environment (climate, environmental issues, environmental agreements, natural hazards) for Montenegro
  Natural Resources, Agricultural Products, Land Use and Water Use for Montenegro
  Telephone Statistics: Number of Fixed Lines, Mobile Phone Penetration Rate for Montenegro
  Age Structure, Median Age, Gender and Urbanization for Montenegro
  Population Growth Rate, Birth Rate, Death Rate, Net Migration Rate for Montenegro
  Life Expectancy Rate, Infant Mortality Rate and Total Fertility Rate for Montenegro
  HIV, AIDS and Other Major Infectious Disease Rates for Montenegro
  Nationality, Ethnic Groups, Languages and Religions for Montenegro
  Literacy Rate, Educational Expenditure and School Life Expectancy for Montenegro
  Gross Domestic Product (PPP, Official Exchange Rate, Real Growth Rate and Per Capita) for Montenegro
  Labor Force by Occupation for Montenegro
  Poverty Line, Gini Index, Household Income and Consumption for Montenegro
  National Budget and Public Debt for Montenegro
  Bank Rates (Commercial Bank Prime Lending Rate, Central Bank Discount Rate) for Montenegro
  Stock of Money, Stock of Quasi Money, Stock of Domestic Credit for Montenegro
  Stock Market Capitalization: Market Value of Publicly Traded Shares for Montenegro
  Industries and Industrial Growth Production Rate for Montenegro
  Electricity Production, Electricity Consumption, Electricity Exports and Electricity Imports for Montenegro
  Oil Production, Proven Oil Reserves, Oil Consumption, Oil Exports and Oil Imports for Montenegro
  Natural Gas Production, Proven Natural Gas Reserves, Natural Gas Consumption, Natural Gas Exports and Natural Gas Imports for Montenegro
  Trade Statistics, Export Statistics, Export Partners and Products, Import Statistics, Import Partners and Products for Montenegro
  Foreign Exchange Reserves and Gold Reserves for Montenegro
  FDI Statistics (Foreign Direct Investment at Home/ Inbound FDI, Foreign Direct Investment Abroad/ Outbound FDI) for Montenegro
  Exchange Rate Statistics for Montenegro
  Television and Radio Statistics (TV Stats, Radio Stats) for Montenegro
  Internet Statistics (Internet Users, Internet Hosts, Country TLD) for Montenegro
  Airport Statistics (Paved Runway Airports, Unpaved Runway Airports, Heliports) for Montenegro
  Transport Statistics (Railways, Roadways, Waterways, Ports and Terminals, Airports, Merchant Marine) for Montenegro
  Military Statistics (Military Expenditure, Military Branches, Service Age and Obligation, Manpower Available and Fit for Military Service) for Montenegro
  Disputes, Refugees, Human Trafficking and Illicit Drug Production for Montenegro
* Source: CIA
Internet Indicators for Montenegro
Indicators
  Number of Internet Users for Montenegro
  Internet Penetration Rate for Montenegro
  Number of Facebook Accounts for Montenegro
  Facebook Penetration Rate for Montenegro
* Source: IWS
Economic Freedom Indicators for Montenegro
Indicators
  Economic Freedom World Rank for Montenegro
  Economic Freedom Regional Ranking for Montenegro
  Business Freedom for Montenegro
  Trade Freedom for Montenegro
  Fiscal Freedom for Montenegro
  Government Spending for Montenegro
  Monetary Freedom for Montenegro
  Investment Freedom for Montenegro
  Financial Freedom for Montenegro
  Property Rights for Montenegro
  Freedom from Corruption for Montenegro
  Labor Freedom for Montenegro
  Tariff Rate for Montenegro
  Income Tax Rate for Montenegro
  Corporate Tax Rate for Montenegro
  Tax Burden % of GDP for Montenegro
  Government Expenditure % of GDP for Montenegro
* Source: HFO
Montenegro Economic Indicators in other Years
  Montenegro Economic Indicators for Year 2016 (Forecast)
  Montenegro Economic Indicators for Year 2015 (Forecast)
  Montenegro Economic Indicators for Year 2014 (Forecast)
Montenegro Economic Indicators for Year 2013 (Forecast)
  Montenegro Economic Indicators for Year 2012 (Forecast)
  Montenegro Economic Indicators for Year 2011 (Forecast)
  Montenegro Economic Indicators for Year 2010 (Current)
  Montenegro Economic Indicators for Year 2009
  Montenegro Economic Indicators for Year 2008
  Montenegro Economic Indicators for Year 2007
  Montenegro Economic Indicators for Year 2006
  Montenegro Economic Indicators for Year 2005
  Montenegro Economic Indicators for Year 2004
  Montenegro Economic Indicators for Year 2003
  Montenegro Economic Indicators for Year 2002
  Montenegro Economic Indicators for Year 2001
  Montenegro Economic Indicators for Year 2000
  Montenegro Economic Indicators for Year 1999
  Montenegro Economic Indicators for Year 1998
  Montenegro Economic Indicators for Year 1997
  Montenegro Economic Indicators for Year 1996
  Montenegro Economic Indicators for Year 1995
  Montenegro Economic Indicators for Year 1994
  Montenegro Economic Indicators for Year 1993
  Montenegro Economic Indicators for Year 1992
  Montenegro Economic Indicators for Year 1991
  Montenegro Economic Indicators for Year 1990
  Montenegro Economic Indicators for Year 1989
  Montenegro Economic Indicators for Year 1988
  Montenegro Economic Indicators for Year 1987
  Montenegro Economic Indicators for Year 1986
  Montenegro Economic Indicators for Year 1985
  Montenegro Economic Indicators for Year 1984
  Montenegro Economic Indicators for Year 1983
  Montenegro Economic Indicators for Year 1982
  Montenegro Economic Indicators for Year 1981
  Montenegro Economic Indicators for Year 1980