Montenegro Government Budget Value  Forecast


Government Budget Value in Montenegro is expected to be -90384984.36 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 -68766344.05 in 12 months time. In the long-term, the Montenegro Government Budget Value is projected to trend around -52897844.69 EUR in 2020, according to our econometric models.


Montenegro Government Budget Value
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Montenegro Government Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Government Debt to GDP 63.7 65.6 66.7 66.7 66.7 70.2
Government Budget -7 -6.2 -5.4 -5.4 -5.4 -3.2
Government Budget Value -103311248 -90384984 -73542946 -76838625 -68766344 -52897845
Government Spending 215947 213842 151319 164711 165264 208992
Government Revenues 769711347 1640419648 364770949 737190390 1144233146 1523841733
Government Debt 2483 2460 2449 2424 2421 2323
Fiscal Expenditure 873022595 1776731042 442189479 845641880 1171402598 1654988208
Credit Rating 40
Military Expenditure 66.8 69.31 70.17 71.04 71.9 71.92