Montenegro recorded a government budget deficit of 25335453.29 EUR in the third quarter of 2018. Government Budget Value in Montenegro averaged -49665881.28 EUR from 2003 until 2018, reaching an all time high of 187654471.92 EUR in the third quarter of 2007 and a record low of -303886124.31 EUR in the fourth quarter of 2015.
Government Budget Value in Montenegro is expected to be -123392180.00 EUR by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Budget Value in Montenegro to stand at -124255227.00 in 12 months time. In the long-term, the Montenegro Government Budget Value is projected to trend around -124249431.00 EUR in 2020, according to our econometric models.