Montenegro Current Account to GDP  2003-2017 | Data | Chart | Calendar

Montenegro recorded a Current Account deficit of 13.30 percent of the country's Gross Domestic Product in 2015. Current Account to GDP in Montenegro averaged -19.71 percent from 2003 until 2015, reaching an all time high of -7.40 percent in 2003 and a record low of -44.23 percent in 2007.

Montenegro Current Account to GDP
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Montenegro Trade Last Previous Highest Lowest Unit
Balance of Trade -179577.00 -151096.00 -26293.00 -222421.00 EUR Thousand [+]
Exports 28762.00 30776.00 52965.30 11428.00 EUR Thousand [+]
Imports 208340.00 183872.00 264187.00 65304.00 EUR Thousand [+]
Current Account -318474.50 -290175.93 284182.55 -493338.85 EUR Thousand [+]
Current Account to GDP -13.30 -15.20 -7.40 -44.23 percent [+]
Capital Flows -241390.36 -295398.02 542738.38 -295398.02 EUR Thousand [+]
Tourist Arrivals 61202.00 27294.00 155986.00 10322.00 [+]
Terrorism Index 0.15 0.66 1.45 0.00 [+]
Foreign Direct Investment 757435.19 498084.31 1223999.76 479191.48 EUR Thousand [+]

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



Montenegro Current Account to GDP Notes

The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Montenegro Current Account To Gdp - actual values, historical data, forecast, chart, statistics, economic calendar and news. Montenegro Current Account to GDP - actual data, historical chart and calendar of releases - was last updated on June of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-13.30 -15.20 -7.40 -44.23 2003 - 2015 percent Yearly



current account to gdp by Country

Last
Switzerland 11.50 Dec/15
Netherlands 8.40 Dec/16
Germany 8.30 Dec/16
South Korea 7.00 Dec/16
Japan 3.70 Dec/16
Euro Area 3.30 Dec/16
Italy 2.60 Dec/16
Spain 2.20 Dec/16
China 1.80 Dec/16
Russia 1.80 Dec/16
India -0.70 Dec/16
France -0.90 Dec/16
Brazil -1.30 Dec/16
Indonesia -1.80 Dec/16
United States -2.60 Dec/16
Australia -2.70 Dec/16
Mexico -2.70 Dec/16
Canada -3.30 Dec/16
Turkey -3.80 Dec/16
United Kingdom -4.40 Dec/16