Montenegro's economy expanded 19 percent year-on-year in the second quarter of 2021, the first expansion in five quarters and the highest growth since at least 2001. source: Statistical Office of Montenegro
GDP Annual Growth Rate in Montenegro averaged 2.21 percent from 2001 until 2021, reaching an all time high of 19 percent in the second 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 December of 2021.
GDP Annual Growth Rate in Montenegro is expected to be 25.50 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 2022, according to our econometric models.