Montenegro Industrial Production  Forecast


Industrial Production in Montenegro is expected to be -1.12 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 -2.13 in 12 months time. In the long-term, the Montenegro Industrial Production is projected to trend around -1.10 percent in 2020, according to our econometric models.


Montenegro Industrial Production
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Montenegro Business Last Q3/17 Q4/17 Q1/18 Q2/18 2020
Industrial Production 0.2 -1.12 -4.7 -1.98 -2.13 -1.1
Industrial Production Mom 23.2 -9.3 0.05 0.88 0.68 0.72
Manufacturing Production -14.6 4.3 0.4 -0.42 -0.41 -0.37
Changes in Inventories 28490 -115915 16334 65286 53876 -12338
Mining Production 124 148 149 147 148 148
Competitiveness Index 4.05 4.15 4.15 4.11 4.09 4.22
Competitiveness Rank 82 69 69 74 75 63
Corruption Index 45 46 46 46 46 48
Corruption Rank 64 60 57 58 59 64
Ease of Doing Business 51 58 60 61 63 83