Montenegro's current account surplus decreased to EUR 197.5 million in the third quarter of 2018 from EUR 251.2 million in the same quarter of the previous year. The goods deficit increased to EUR 564.2 million from EUR 484.3 million in the third quarter of 2017 and the primary income balance shifted to a EUR 2.1 million gap from a EUR 36.8 million surplus. In contrast, the services surplus rose to EUR 699.9 million from EUR 646.7 million and the secondary income surplus widened to EUR 63.9 million from EUR 52 million in the same period of 2017. Current Account in Montenegro averaged -145847.32 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
2018-02-19 01:30 PM Current Account €-416.6M €252.1M €-243M
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 €197.5M
2019-05-21 11:00 AM Current Account
2019-08-20 11:00 AM Current Account


Montenegro Trade Last Previous Highest Lowest Unit
Balance of Trade -162776.00 -212757.00 -26293.00 -222421.00 EUR Thousand [+]
Current Account 197506.66 -309278.77 292356.68 -493338.85 EUR Thousand [+]
Current Account to GDP -19.10 -13.30 -7.40 -44.23 percent [+]
Imports 199979.53 246077.92 264187.00 65304.00 EUR Thousand [+]
Exports 37203.00 33321.00 52965.30 11428.00 EUR Thousand [+]
Capital Flows -116494.04 -261832.15 542738.38 -375901.87 EUR Thousand [+]
Tourist Arrivals 39580.00 78678.00 194968.00 10322.00 [+]
Terrorism Index 0.08 0.15 1.45 0.00 [+]
Remittances 60049.75 60539.25 60539.25 35725.82 EUR Thousand [+]
Foreign Direct Investment 659232.90 687154.00 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 January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
197506.66 -309278.77 292356.68 -493338.85 2003 - 2018 EUR Thousand Quarterly




Country Last Previous
Argentina -7591.00 Sep/18
Australia -10688.00 Sep/18
Brazil -795.30 Nov/18
Canada -10343.00 Sep/18
China 233.00 Sep/18
Euro Area 23.25 Nov/18
France -2756.00 Nov/18
Germany 21400.00 Nov/18
India -19100.00 Sep/18
Indonesia -8846.10 Sep/18
Italy 4805.70 Nov/18
Japan 757.22 Nov/18
Mexico -5081.50 Sep/18
Netherlands 20484.80 Sep/18
Russia 38800.00 Dec/18
Saudi Arabia 29583.00 Sep/18
Singapore 23400.20 Sep/18
South Africa -176577.00 Sep/18
South Korea 5063.40 Nov/18
Spain 294.00 Oct/18
Switzerland 14596.00 Sep/18
Turkey 986.00 Nov/18
United Kingdom -26522.00 Sep/18
United States -124817.00 Sep/18


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