Montenegro Current Account - Forecast

Current Account in Montenegro is expected to be -300251.71 EUR Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Montenegro to stand at -205294.38 in 12 months time. In the long-term, the Montenegro Current Account is projected to trend around -150661.22 EUR Thousand in 2020, according to our econometric models.


Montenegro Current Account
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Montenegro Trade Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Balance of Trade -158868 -130113 -123504 -124833 -126729 -126991
Exports 28958 30995 31287 31154 31111 31019
Imports 187826 157494 153894 156386 158149 158005
Current Account 250445 -300252 -334256 208219 -205294 -150661
Current Account to GDP -19.1 -9.8 -9.8 -9.8 -9.8 -7.5
Capital Flows -129776 108266 172619 13641 100504 92736
Tourist Arrivals 32284 29900 132200 116200 25600 30200
Terrorism Index 0.08 0.22 0.19 0.16 0.14 0.45
Foreign Direct Investment 757435 776892 763106 749319 735532 817737