Montenegro recorded a government budget deficit of 70208201 EUR in the first quarter of 2019. Government Budget Value in Montenegro averaged -52031491.53 EUR from 2003 until 2019, 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.

Montenegro Government Budget Value
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Montenegro Government Last Previous Highest Lowest Unit
Government Debt to GDP 62.27 62.50 88.30 26.80 percent [+]
Government Budget -2.00 -2.00 6.60 -7.20 percent of GDP [+]
Government Budget Value -70208201.00 -159232125.00 187654471.92 -303886124.31 EUR [+]
Government Spending 170165.00 255721.00 255721.00 132118.00 EUR Thousand [+]
Government Revenues 417770898.25 1746354111.66 1785041971.06 165905908.20 EUR [+]
Government Debt 3093.90 3105.01 3105.01 700.40 EUR Million [+]
Fiscal Expenditure 487979099.25 1905586236.66 2012876110.86 174130466.74 EUR [+]
Military Expenditure 77.50 65.70 77.50 56.40 USD Million [+]
Credit Rating 40.00 [+]


Montenegro Government Budget Value

The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues. This page provides - Montenegro Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. Montenegro Government Budget Value - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-70208201.00 -159232125.00 187654471.92 -303886124.31 2003 - 2019 EUR Quarterly
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