Montenegro Current Account to GDP 2003-2015 | Data | Chart | Calendar

Montenegro recorded a Current Account deficit of 14.60 percent of the country's Gross Domestic Product in 2013. Current Account to GDP in Montenegro averaged -20.81 percent from 2003 until 2013, 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
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Actual Previous Highest Lowest Dates Unit Frequency
-14.60 -17.65 -7.40 -44.23 2003 - 2013 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. Content for - Montenegro Current Account to GDP - was last refreshed on Wednesday, July 29, 2015.

Montenegro Trade Last Previous Highest Lowest Unit
Balance of Trade -160162.00 -136416.00 -47948.00 -160162.00 EUR Thousand [+]
Exports 35073.00 16640.00 52965.30 11428.00 EUR Thousand [+]
Imports 195235.00 153055.00 264186.90 65303.70 EUR Thousand [+]
Current Account -197000.23 -241544.69 188558.43 -493338.85 EUR Thousand [+]
Current Account to GDP -14.60 -17.65 -7.40 -44.23 percent [+]
Tourist Arrivals 1000.00 438.00 5133.00 64.00 Hundreds [+]
Foreign Direct Investment 498084.31 479191.48 1223999.76 479191.48 EUR Thousand [+]


Current Account to GDP Reference Previous Highest Lowest Unit
Australia -2.90 Dec/13 -4.10 1.40 -6.70 percent [+]
Brazil -4.17 Dec/14 -3.66 1.80 -8.20 percent [+]
Canada -3.20 Dec/13 -3.40 2.70 -4.20 percent [+]
China 2.10 Dec/14 2.00 10.10 -3.70 percent [+]
Euro Area 2.10 Dec/14 1.90 2.10 -1.60 percent [+]
France -1.00 Dec/14 -1.40 3.40 -2.10 percent [+]
Germany 7.60 Dec/14 6.50 7.60 -1.70 percent [+]
India -1.40 Dec/14 -1.70 1.50 -4.70 percent [+]
Indonesia -2.95 Dec/14 -3.20 4.80 -6.80 percent [+]
Italy 1.90 Dec/14 0.90 2.90 -3.70 percent [+]
Japan 0.50 Dec/14 0.70 4.80 -1.00 percent [+]
Mexico -2.10 Dec/14 -1.80 3.40 -6.10 percent [+]
Netherlands 10.30 Dec/14 11.00 11.00 -1.00 percent [+]
Russia 3.09 Dec/14 1.64 18.00 -1.40 percent [+]
South Korea 6.30 Dec/14 5.80 11.90 -8.30 percent [+]
Spain 0.80 Dec/14 1.40 1.50 -9.60 percent [+]
Switzerland 7.00 Dec/14 12.70 15.60 -0.60 percent [+]
Turkey -5.70 Dec/14 -7.90 2.00 -9.70 percent [+]
United Kingdom -5.50 Dec/14 -4.50 1.90 -5.50 percent [+]
United States -2.40 Dec/14 -2.40 0.20 -6.00 percent [+]