Montenegro Current Account to Gdp 2003-2014 | 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.

   
 
 

Montenegro Current Account to Gdp


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 Friday, October 31, 2014.

Montenegro Trade Last Previous Highest Lowest Unit
Balance of Trade -119358.00 -136689.00 -47948.00 -158072.00 EUR Thousand [+]
Exports 35193.00 27702.00 52965.30 11428.00 EUR Thousand [+]
Imports 154551.00 164391.00 264186.90 65303.70 EUR Thousand [+]
Current Account -257343.97 -184429.98 188558.43 -493338.85 EUR Thousand [+]
Current Account to GDP -14.60 -17.65 -7.40 -44.23 Percent [+]
Tourist Arrivals 1605.00 913.00 5008.00 64.00 Hundreds [+]