Montenegro

Fiscal Balance

-3.8
percent of GDP
Dec 06Dec 07Dec 08Dec 09Dec 10Dec 11Dec 12Dec 13Dec 14Dec 15Dec 16Dec 17Dec 18-8.000-4.0000.0004.0008.000
  • Montenegro
  • Global Median
Source: IMF

Global Ranking

74
Lebanon-3.23
75
Liberia-3.3
76
Gabon-3.4
77
Fiji-3.5
78
Germany-3.71
81
Ukraine-3.98
82
Uruguay-3.99
83
Gambia-4

Europe Ranking

19
Portugal-2.8
20
Belarus-2.87
21
Croatia-2.9
22
Germany-3.71
24
Ukraine-3.98
26
Serbia-4.1
27
Albania-4.82
28
Moldova-5.1

News

Definition of Fiscal Balance

The fiscal (budget) balance is the difference between government revenue and government expenditure. We express the value as percent of GDP to relate it to the size of the economy.

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