Montenegro Current Account  Forecast


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Current Account in Montenegro is expected to be -246728.56 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 157674.41 in 12 months time. In the long-term, the Montenegro Current Account is projected to trend around -163107.15 EUR Thousand in 2020, according to our econometric models.


Montenegro Trade Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Balance of Trade -163008 -129302 -120509 -123587 -126566 -126403
Exports 30606 33685 31698 31632 31412 31025
Imports 193613 159780 150926 154432 157610 157418
Current Account -310215 -246729 -297688 -326918 157674 -163107
Current Account to GDP -19.1 -10.7 -9.8 -9.8 -9.8 -7.5
Capital Flows 201238 177977 157235 170959 111067 113320
Tourist Arrivals 129706 24400 29900 132200 116200 30200
Terrorism Index 0.15 0.34 0.26 0.18 0.1 0.42
Foreign Direct Investment 757435 735532 767070 798607 830144 817737