Government Spending in Montenegro decreased to 219840 EUR Thousand in the second quarter of 2021 from 223853 EUR Thousand in the first quarter of 2021. source: Statistical Office of Montenegro

Government Spending in Montenegro averaged 189055.79 EUR Thousand from 2011 until 2021, reaching an all time high of 283537 EUR Thousand in the fourth quarter of 2020 and a record low of 132118 EUR Thousand in the first quarter of 2011. This page provides - Montenegro Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Montenegro Government Spending - values, historical data and charts - was last updated on October of 2021.

Government Spending in Montenegro is expected to be 269004.00 EUR Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Montenegro Government Spending is projected to trend around 321247.00 EUR Thousand in 2022 and 330885.00 EUR Thousand in 2023, according to our econometric models.

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Montenegro Government Spending


Montenegro Last Unit Reference Previous Highest Lowest
Government Spending 219840.00 EUR Thousand Jun/21 223853.00 283537.00 132118.00


Montenegro Government Spending
Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth.