Montenegro Current Account to Gdp

Montenegro recorded a Current Account deficit of 17.65 percent of the country's Gross Domestic Product in 2012. Current Account To Gdp in Montenegro averaged -21.50 Percent from 2003 until 2012, reaching an all time high of -7.40 Percent in 2003 and a record low of -44.23 Percent in 2007. Current Account To Gdp in Montenegro is reported by the Central Bank of Montenegro.

   
 
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Montenegro Current Account to Gdp


Actual Previous Highest Lowest Dates Unit Frequency
-17.65 -19.36 -7.40 -44.23 2003 - 2012 Percent Yearly
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Montenegro Current Account To Gdp - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Trade Last Previous Highest Lowest Unit
Balance of Trade -142388.56 -131988.00 -47948.00 -158072.00 EUR Thousand [+]
Exports 28268.00 25643.89 52965.30 11428.00 EUR Thousand [+]
Imports 170656.63 157632.32 264186.90 65303.70 EUR Thousand [+]
Current Account -183968.80 -256698.78 188558.43 -493338.85 EUR Thousand [+]
Current Account to Gdp -17.65 -19.36 -7.40 -44.23 Percent [+]
Tourist Arrivals 913.00 364.00 5008.00 64.00 Hundreds [+]





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