22, Jan 2020, EST.

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Country or Region: Montenegro › Change country
Economic Indicator: General government total expenditure (% of GDP) › See all Montenegro indicators, › See General government total expenditure (% of GDP) data for all countries
Detailed Analysis for Year: 2015 › Change year
Full Dataset: from 1980 to 2019
Dataset updated: 17th March 2015
Data Source: International Monetary Fund (IMF)
National or Regional Currency: Euro
Currency Symbol: EUR

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. See notes for: General government total expenditure (National currency).

General government total expenditure (% of GDP) for Montenegro in year 2015 is 47.984 %. 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.

This makes Montenegro No. 22 in world rankings according to General government total expenditure (% of GDP) in year 2015. The world's average General government total expenditure (% of GDP) value is 33.88 %; Montenegro is 14.10 more than the average.

In the previous year, 2014, General government total expenditure (% of GDP) for Montenegro was 46.10 % General government total expenditure (% of GDP) for Montenegro in 2015 was or will be 4.09% more than it was or will be in 2014.

In the following or forecasted year, 2016, General government total expenditure (% of GDP) for Montenegro was or will be 51.37 %, which is 7.06% more than the 2015 figure.