Industrial Production in Montenegro is expected to be 28.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Montenegro to stand at 4.00 in 12 months time. In the long-term, the Montenegro Industrial Production is projected to trend around 2.50 percent in 2020, according to our econometric models.


Forecast Data Chart
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Montenegro Business Last Q4/18 Q1/19 Q2/19 Q3/19 2020
Industrial Production 24 28.5 8 5 4 2.5
Industrial Production Mom 8.7 2.71 0.78 0.9 0.94 0.93
Manufacturing Production 25.8 15.19 14.83 14.64 14.58 14.59
Changes in Inventories 45167 83346 49754 50529 -45105 75753
Internet Speed 6689 6676 6676 6676 6676 6676
IP Addresses 73349 71712 74031 72755 71830 72858
Mining Production -10.7 -13.24 -14.55 -14.65 -14.65 -14.65
Competitiveness Index 59.62 60.12 60.12 60.12 60.12 62.62
Competitiveness Rank 71 71 71 71 71 71
Ease of Doing Business 50 47 49 50 52 58
Corruption Index 46 46 46 46 46 46
Corruption Rank 64 64 64 64 64 64