Montenegro recorded a Government Budget deficit equal to 10.10 percent of the country's Gross Domestic Product in 2020. source: Central Bank of Montenegro

Government Budget in Montenegro averaged -3.15 percent of GDP from 2006 until 2020, reaching an all time high of 6.60 percent of GDP in 2007 and a record low of -10.10 percent of GDP in 2020. 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 December 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.

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Montenegro Government Budget


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Government Budget -10.10 -2.00 percent of GDP Dec/20
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.