Montenegro's current account gap widened to EUR 327.6 million in the second quarter of 2019 from EUR 315.0 million in the same period of 2018. The goods shortfall increased to EUR 582.1 million from EUR 573.1 million a year earlier while the primary income account recorded a deficit of a EUR 3.9 million, switching from a EUR 14.1 million surplus. On the other hand, the services surplus rose to EUR 184.9 million from EUR 179.3 million and the secondary income surplus advanced to EUR 73.5 million from EUR 64.7 million. Current Account in Montenegro averaged -154684.39 EUR Thousand from 2003 until 2019, reaching an all time high of 292018 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
2018-11-20 11:50 AM Current Account Q3 €197.5M €-309.3M €291M
2019-02-19 12:00 PM Current Account Q4 €-374.6M €200.2M € -295M
2019-05-21 11:00 AM Current Account Q1 €-317.6M €-374.5M € -307M
2019-08-20 11:00 AM Current Account Q2 €-327.6M €-316.8M € -355M
2019-11-20 12:00 PM Current Account Q3 €-327.6M € 195M


Montenegro Trade Last Previous Highest Lowest Unit
Balance of Trade -223080.00 -198236.00 -26293.00 -223080.00 EUR Thousand [+]
Current Account -327554.00 -316766.00 292018.00 -493338.85 EUR Thousand [+]
Current Account to GDP -18.50 -18.90 -7.40 -44.23 percent [+]
Imports 259593.17 235012.61 264187.00 65304.00 EUR Thousand [+]
Exports 36513.48 36776.70 52965.30 11428.00 EUR Thousand [+]
Capital Flows -243533.79 -311291.84 542738.38 -397312.32 EUR Thousand [+]
Tourist Arrivals 190322.00 160395.00 194968.00 10322.00 [+]
Terrorism Index 0.04 0.08 1.45 0.00 [+]
Remittances 60198.25 50386.49 61480.91 35725.82 EUR Thousand [+]
Foreign Direct Investment 858113.20 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 September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-327554.00 -316766.00 292018.00 -493338.85 2003 - 2019 EUR Thousand Quarterly




Country Last Previous
Argentina -3849.43 Mar/19
Australia 5853.00 Jun/19
Brazil -9034.90 Jul/19
Canada -6380.00 Jun/19
China 570.00 Jun/19
Euro Area 29.84 Jul/19
France 173.00 Jul/19
Germany 22100.00 Jul/19
India -4600.00 Mar/19
Indonesia -8442.80 Jun/19
Italy 8420.80 Jul/19
Japan 1999.92 Jul/19
Mexico 5142.70 Jun/19
Netherlands 18079.00 Mar/19
Russia 12100.00 Jun/19
Saudi Arabia 11518.00 Mar/19
Singapore 21497.50 Jun/19
South Africa -204100.00 Jun/19
South Korea 6949.40 Jul/19
Spain 2050.00 Jun/19
Switzerland 21272.85 Jun/19
Turkey 1158.00 Jul/19
United Kingdom -30045.00 Mar/19
United States -128188.00 Jun/19


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