Government Budget in Montenegro increased to -2 percent of GDP in 2019 from -4.60 percent of GDP in 2018. source: Central Bank of Montenegro

Government Budget in Montenegro averaged -2.66 percent of GDP from 2006 until 2019, reaching an all time high of 6.60 percent of GDP in 2007 and a record low of -7.30 percent of GDP in 2015. This page provides - Montenegro Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Montenegro Government Budget - values, historical data and charts - was last updated on July of 2021.

Government Budget in Montenegro is expected to reach -3.60 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Montenegro Government Budget is projected to trend around 0.10 percent of GDP in 2022 and 1.00 percent of GDP in 2023, according to our econometric models.

Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
Montenegro Government Budget

Actual Previous Highest Lowest Dates Unit Frequency
-2.00 -4.60 6.60 -7.30 2006 - 2019 percent of GDP Yearly

Montenegro Government Last Previous Highest Lowest Unit
Government Debt to GDP 74.91 62.27 88.30 26.80 percent of GDP [+]
Government Budget -2.00 -4.60 6.60 -7.30 percent of GDP [+]
Government Budget Value -217443988.18 -70514119.46 187654471.92 -302735891.71 EUR [+]
Government Spending 177686.00 278740.00 283523.00 132118.00 EUR Thousand [+]
Government Revenues 837077934.85 423413994.27 2150870317.26 165905908.20 EUR [+]
Government Debt 4097.44 4330.83 4330.83 700.40 EUR Million [+]
Fiscal Expenditure 1054521923.03 493928113.73 2248459025.50 174130466.74 EUR [+]
Credit Rating 35.00 [+]
Military Expenditure 100.30 77.70 100.30 58.00 USD Million [+]

Montenegro Government Budget
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.