Fiscal Expenditure in Montenegro increased to 1520740120.46 EUR in the third quarter of 2019 from 970077899.02 EUR in the second quarter of 2019.

Fiscal Expenditure in Montenegro averaged 910346201.96 EUR from 2003 until 2019, reaching an all time high of 2143082214.78 EUR in the fourth quarter of 2018 and a record low of 174130466.74 EUR in the first quarter of 2006. This page provides - Montenegro Fiscal Expenditure- actual values, historical data, forecast, chart, statistics, economic calendar and news. Montenegro Fiscal Expenditure - values, historical data and charts - was last updated on September of 2020.

Fiscal Expenditure in Montenegro is expected to be 1014467798.29 EUR by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Fiscal Expenditure in Montenegro to stand at 1014519164.82 in 12 months time. In the long-term, the Montenegro Fiscal Expenditure is projected to trend around 1014520094.01 EUR in 2021 and 1014520094.30 EUR in 2022, according to our econometric models.

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Montenegro Fiscal Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
1520740120.46 970077899.02 2143082214.78 174130466.74 2003 - 2019 EUR Quarterly
Current Prices, NSA

Montenegro Government Last Previous Highest Lowest Unit
Government Debt to GDP 62.27 62.50 88.30 26.80 percent [+]
Government Budget -2.00 -2.00 6.60 -7.20 percent of GDP [+]
Government Budget Value 2963957.61 -38730633.20 187654471.92 -302735891.71 EUR [+]
Government Spending 172533.00 285085.00 285085.00 132118.00 EUR Thousand [+]
Government Revenues 1523704078.07 931347265.82 1785041971.06 165905908.20 EUR [+]
Government Debt 3133.68 3179.38 3179.38 700.40 EUR Million [+]
Fiscal Expenditure 1520740120.46 970077899.02 2143082214.78 174130466.74 EUR [+]
Credit Rating 35.00 [+]
Military Expenditure 77.50 65.70 77.50 56.40 USD Million [+]

Montenegro Fiscal Expenditure
Fiscal expenditure refers to the sum of government expenses, including spending on goods and services, investment and transfer payments like social security and unemployment benefits. Fiscal expenditure are part of government budget balance calculation.