Montenegro Current Account  Forecast


Current Account in Montenegro is expected to be -183914.02 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 -212592.19 in 12 months time. In the long-term, the Montenegro Current Account is projected to trend around -211941.97 EUR Thousand in 2020, according to our econometric models.


Montenegro Current Account
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Montenegro Trade Last Q3/17 Q4/17 Q1/18 Q2/18 2020
Balance of Trade -185611 -163608 -135060 -128250 -131472 -134212
Exports 29956 29174 28742 28759 28754 28754
Imports 215567 187402 156722 149679 152963 155664
Current Account -310215 -183914 -219936 -209662 -212592 -211942
Current Account to GDP -13.3 -10.7 -10.7 -9.8 -9.8 -7.5
Capital Flows 201238 72749 304631 227962 217445 254933
Tourist Arrivals 166642 114200 24400 29900 132200 30200
Terrorism Index 0.15 0.34 0.34 0.26 0.18 0.42
Foreign Direct Investment 757435 606956 640662 646434 652206 659910