Montenegro Current Account  2003-2018 | Data | Chart | Calendar | Forecast

Montenegro Current Account deficit widened 43.6 percent year-on-year to EUR 416.6 million in the last quarter of 2017 from EUR 290.2 million in the corresponding period a year earlier. It is the highest current account gap since the last quarter of 2008. The goods deficit increased to EUR 503.5 million from EUR 387.6 million in the fourth quarter of 2016. Also, the primary income surplus decreased to EUR 17.6 million from EUR 32.3 million. On the other hand, the services surplus widened to EUR 28.47 million from EUR 26.3 million and the secondary income surplus increased to EUR 40.9 million from EUR 38.8 million. Considering full 2017, the country's current account gap rose to EUR 799.3 million from EUR 714.9 million in 2016. Current Account in Montenegro averaged -158369.38 EUR Thousand from 2003 until 2017, reaching an all time high of 284182.55 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
2017-08-18 09:40 AM Current Account €-310.2M €-321.1M € -571.4M
2017-11-21 01:30 PM Current Account €250.4M €-313.5M €251M
2018-02-19 01:30 PM Current Account €-416.6M €252.1M €-243M
2018-05-21 11:00 AM Current Account €-416.6M € -302.5M
2018-08-20 11:00 AM Current Account € -320.7M
2018-11-20 12:00 PM Current Account


Montenegro Trade Last Previous Highest Lowest Unit
Balance of Trade -130920.00 -94658.00 -26293.00 -222421.00 EUR Thousand [+]
Exports 29925.00 25635.00 52965.30 11428.00 EUR Thousand [+]
Imports 160845.00 120293.00 264187.00 65304.00 EUR Thousand [+]
Current Account -416572.31 252158.90 284182.55 -493338.85 EUR Thousand [+]
Current Account to GDP -19.10 -13.30 -7.40 -44.23 percent [+]
Capital Flows 359755.78 -129775.68 542738.38 -267376.90 EUR Thousand [+]
Tourist Arrivals 25283.00 24829.00 178788.00 10322.00 [+]
Terrorism Index 0.08 0.15 1.45 0.00 [+]
Foreign Direct Investment 687154.00 757435.19 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 April of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-416572.31 252158.90 284182.55 -493338.85 2003 - 2017 EUR Thousand Quarterly




current account by Country
Country Last
Australia -14024.00 Dec/17
Brazil 283.20 Feb/18
Canada -16346.00 Dec/17
China 622.83 Dec/17
Euro Area 22.73 Feb/18
France -1986.00 Feb/18
Germany 20700.00 Feb/18
India -13465.11 Dec/17
Indonesia -5760.70 Dec/17
Italy -1266.00 Jan/18
Japan 2076.00 Feb/18
Mexico -3206.60 Dec/17
Netherlands 20903.90 Dec/17
Russia 28800.00 Mar/18
South Korea 4030.00 Feb/18
Spain -445.00 Jan/18
Switzerland 19679.42 Dec/17
Turkey -4152.00 Feb/18
United Kingdom -18443.00 Dec/17
United States -128158.00 Dec/17


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