Montenegro's current account deficit narrowed to EUR 374.6 million in the fourth quarter of 2018 from EUR 376.4 million in the same quarter of the previous year. Both the primary income EUR 31.4 million from EUR 17.6 million) and the secondary income (EUR 80.4 million from EUR 65.2 million) surpluses widened. In contrast, the goods deficit increased to EUR 525.2 million from EUR 504.1 million and the services surplus narrowed to EUR 38.9 million from EUR 45 million. Current Account in Montenegro averaged -149448.54 EUR Thousand from 2003 until 2018, reaching an all time high of 292356.68 EUR Thousand in the third quarter of 2015 and a record low of -493338.85 EUR Thousand in the second quarter of 2008.

Montenegro Current Account
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Calendar GMT Actual Previous Consensus TEForecast
2018-05-21 09:35 AM Current Account €-304.5M €-375.7M €-302M
2018-08-20 01:55 PM Current Account €-308.4M €-304.2M €-330M
2018-11-20 11:50 AM Current Account €197.5M €-309.3M €291M
2019-02-19 12:00 PM Current Account €-374.6M €200.2M € -295M
2019-05-21 11:00 AM Current Account €-374.6M
2019-08-20 11:00 AM Current Account
2019-11-20 12:00 PM Current Account


Montenegro Trade Last Previous Highest Lowest Unit
Balance of Trade -102122.00 -181664.00 -26293.00 -222421.00 EUR Thousand [+]
Current Account -374597.00 200245.00 292356.68 -493338.85 EUR Thousand [+]
Current Account to GDP -18.90 -19.10 -7.40 -44.23 percent [+]
Imports 128732.10 216523.70 264187.00 65304.00 EUR Thousand [+]
Exports 26610.00 34859.50 52965.30 11428.00 EUR Thousand [+]
Capital Flows -440509.00 -166529.00 542738.38 -440509.00 EUR Thousand [+]
Tourist Arrivals 26986.00 31849.00 194968.00 10322.00 [+]
Terrorism Index 0.04 0.08 1.45 0.00 [+]
Remittances 61480.91 60049.75 61480.91 35725.82 EUR Thousand [+]
Foreign Direct Investment 843101.10 659232.90 1223999.76 479191.48 EUR Thousand [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Montenegro Current Account

Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides - Montenegro Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Montenegro Current Account - actual data, historical chart and calendar of releases - was last updated on March of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-374597.00 200245.00 292356.68 -493338.85 2003 - 2018 EUR Thousand Quarterly




Country Last Previous
Argentina -7591.00 Sep/18
Australia -7203.00 Dec/18
Brazil -6548.40 Jan/19
Canada -15483.00 Dec/18
China 546.00 Dec/18
Euro Area 32.99 Dec/18
France 898.00 Jan/19
Germany 18328.50 Jan/19
India -19100.00 Sep/18
Indonesia -9148.00 Dec/18
Italy 4211.00 Dec/18
Japan 600.40 Jan/19
Mexico -3424.00 Dec/18
Netherlands 20484.80 Sep/18
Russia 38800.00 Dec/18
Saudi Arabia 29583.00 Sep/18
Singapore 17796.10 Dec/18
South Africa -110158.00 Dec/18
South Korea 2772.30 Jan/19
Spain 4670.00 Dec/18
Switzerland 14596.00 Sep/18
Turkey -813.00 Jan/19
United Kingdom -26522.00 Sep/18
United States -124817.00 Sep/18


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