The Gross Domestic Product (GDP) in Montenegro expanded 7.20 percent in the first quarter of 2022 over the same quarter of the previous year. source: Statistical Office of Montenegro
GDP Annual Growth Rate in Montenegro averaged 2.73 percent from 2001 until 2022, reaching an all time high of 25.80 percent in the third quarter of 2021 and a record low of -26.90 percent in the third quarter of 2020. This page provides the latest reported value for - Montenegro GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Montenegro GDP Annual Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on June of 2022.
GDP Annual Growth Rate in Montenegro is expected to be 2.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Montenegro GDP Annual Growth Rate is projected to trend around 3.00 percent in 2023, according to our econometric models.