Montenegro recorded a Government Budget deficit equal to 3.20 percent of the country's Gross Domestic Product in 2024. Government Budget in Montenegro averaged -3.01 percent of GDP from 2006 until 2024, reaching an all time high of 6.60 percent of GDP in 2007 and a record low of -11.10 percent of GDP in 2020. source: Ministry of Finance, Republic of Montenegro

Government Budget in Montenegro is expected to reach -2.90 percent of GDP by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Montenegro Government Budget is projected to trend around -3.20 percent of GDP in 2026, according to our econometric models.



Related Last Previous Unit Reference
Credit Rating 35.00 Feb 2026
Government Budget -3.20 0.20 percent of GDP Dec 2024
Government Debt 4705.33 4759.83 EUR Million Sep 2025
Government Debt to GDP 60.30 70.80 percent of GDP Dec 2023
Government Spending 337433.00 327334.00 EUR Thousand Sep 2025
Holidays
Military Expenditure 150.00 114.30 USD Million Dec 2024


Montenegro Government Budget
The Government Budget to GDP ratio is an itemized accounting of the payments received by the government (taxes and other fees) and the payments made by the government (purchases and transfer payments) relative to GDP. A budget deficit occurs when a government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.
Actual Previous Highest Lowest Dates Unit Frequency
-3.20 0.20 6.60 -11.10 2006 - 2024 percent of GDP Yearly