Table of Contents

    The Economy of Montenegro

    📊Economic Indicators

    Major Indicators

    Montenegro
    Global Median

    Latest Indicator Releases

    May 19, 2023LatestPrevious
    Business Confidence Survey10.7111.77
    May 18, 2023LatestPrevious
    Inflation8.63010.52
    Consumer Price Index (CPI)128.96128.74
    May 16, 2023LatestPrevious
    Labor Cost Index126.30117.19
    May 8, 2023LatestPrevious
    Industrial Production-1.48033.06
    May 2, 2023LatestPrevious
    Exchange Rate0.9110.933
    May 1, 2023LatestPrevious
    Business Credit Interest Rate4.6604.330
    Bank Deposit Interest Rate1.4201.170
    Mortgage Interest Rate4.8805.170
    Apr 29, 2023LatestPrevious
    Consumer Confidence Survey3.600-5.900

    🔁Trade

    Source: United Nations

    Trade Balance

    Imports
    Exports

    Major Trade Partners

    Country
    Trade Value
    % of Trade
    Import Value
    Export Value
    Balance
    		Region
    Serbia$685.21m23.26$591.59m$93.62m-$497.97mEurope
    Germany$302.62m10.27$272.66m$29.96m-$242.70mEurope
    China$301.04m10.22$289.71m$11.33m-$278.37mAsia
    Italy$249.85m8.48$183.66m$66.19m-$117.47mEurope
    Greece$191.92m6.52$174.32m$17.59m-$156.73mEurope
    Bosnia and Herzegovina$185.37m6.29$152.32m$33.05m-$119.27mEurope
    Croatia$169.85m5.77$163.35m$6.51m-$156.84mEurope
    Spain$154.29m5.24$63.51m$90.78m$27.27mEurope
    Turkey$151.04m5.13$129.83m$21.21m-$108.63mMiddle East
    Pakistan$79.78m2.71$1.69m$78.09m$76.39mAsia

    🗞News

    Montenegro's Economy
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