Montenegro Current Account - Forecast

Current Account in Montenegro is expected to be -69213.58 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 -306858.59 in 12 months time. In the long-term, the Montenegro Current Account is projected to trend around -303158.44 EUR Thousand in 2020, according to our econometric models.


Forecast Data Chart
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Montenegro Trade Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Balance of Trade -220259 -163500 -194400 -169000 -187700 -193700
Exports 30556 32200 37800 34700 30200 42500
Imports 250815 195700 232200 203700 217900 236200
Current Account -308372 -69214 -307613 -69970 -306859 -303158
Current Account to GDP -19.1 -9.8 -9.8 -8.7 -8.7 -7.5
Capital Flows -303772 5390 -419442 -168070 -316941 -395039
Tourist Arrivals 178158 136200 34600 34800 119900 44500
Terrorism Index 0.08 0.19 0.17 0.33 0.5 0.19
Remittances 60539 53135 56352 50608 60136 58741
Foreign Direct Investment 659233 856810 882808 859076 835344 909901