Montenegro Government Budget

Montenegro recorded a Government Budget deficit equal to 5.90 percent of the countrys Gross Domestic Product in 2012. Government Budget in Montenegro is reported by the Central Bank of Montenegro. From 2006 until 2012, Montenegro Government Budget averaged -1.2 Percent of GDP reaching an all time high of 6.6 Percent of GDP in December of 2007 and a record low of -5.9 Percent of GDP in December of 2012. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Montenegro Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-19

Actual Previous Highest Lowest Forecast Dates Unit Frequency
-5.90 -4.20 6.60 -5.90 -9.03 | 2014/06 2006 - 2012 Percent of GDP Yearly

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Montenegro Government Budget
LIST BY COUNTRY

Government Last Previous Highest Lowest Forecast Unit
Government Debt To GDP 48.90 2012-12-31 45.80 48.90 27.50 53.73 2014-06-30 Percent [+]
Government Budget -5.90 2012-12-31 -4.20 6.60 -5.90 -9.03 2014-06-30 Percent of GDP [+]
Government Budget Value -87874536.90 2013-12-31 -67320000.00 187654471.92 -169306149.04 -89847324.50 2014-06-30 EUR [+]
Government Spending 679108.00 2012-06-29 695316.00 727215.00 233759.00 632062.08 2014-06-30 EUR THO [+]
Credit Rating 40.00 [+]
[+]


Government Budget | Notes
A government budget is a legal document that forecasts the government expenditures and revenues for a specific period of time. The period covered by a budget is usually a year, known as a financial or fiscal year, which may or may not correspond with the calendar year. A government budget is often passed by the legislature, and approved by the chief executive or president.


RELATED NEWS

Montenegro Inflation Rate MoM at 0.10 Percent  
The Consumer Price Index in Montenegro increased 0.10 percent in March of 2014 over the previous month. Inflation Rate Mom in Montenegro is reported by the Statistical Office of Montenegro.
Montenegro Inflation Rate at -0.90 Percent  
The inflation rate in Montenegro was recorded at -0.90 percent in March of 2014. Inflation Rate in Montenegro is reported by the Statistical Office of Montenegro.
Montenegro Current Account at -256593.09 EUR Thousand  
Montenegro recorded a Current Account deficit of 256593.09 EUR Thousand in the fourth quarter of 2013. Current Account in Montenegro is reported by the Central Bank of Montenegro.
Montenegro Exports at 22219.50 EUR Thousand  
Exports in Montenegro decreased to 22219.50 EUR Thousand in February of 2014 from 22563 EUR Thousand in January of 2014. Exports in Montenegro is reported by the Statistical Office of Montenegro.
Montenegro Imports at 112719.00 EUR Thousand  
Imports in Montenegro increased to 112719 EUR Thousand in February of 2014 from 83024 EUR Thousand in January of 2014. Imports in Montenegro is reported by the Central Bank of Montenegro.
Montenegro Unemployment Rate at 14.94 Percent  
Unemployment Rate in Montenegro remained unchanged at 14.94 percent in March of 2014 from 14.94 percent in February of 2014. Unemployment Rate in Montenegro is reported by the Statistical Office of Montenegro.
Montenegro Changes in Inventories at 30907.00 EUR THO  
Changes in Inventories in Montenegro increased to 30907 EUR THO in 2012 from -8091 EUR THO in 2011. Changes in Inventories in Montenegro is reported by the Statistical Office of Montenegro.
Montenegro Consumer Price Index (CPI) at 99.40 Index Points  
Consumer Price Index (CPI) in Montenegro decreased to 99.40 Index Points in February of 2014 from 99.60 Index Points in January of 2014. Consumer Price Index (CPI) in Montenegro is reported by the Statistical Office of Montenegro.
Montenegro Consumer Spending at 2631969.00 EUR THO  
Consumer Spending in Montenegro decreased to 2631969 EUR THO in 2012 from 2667366 EUR THO in 2011. Consumer Spending in Montenegro is reported by the Statistical Office of Montenegro.
Montenegro Employed Persons at 168805.00  
The number of employed persons in Montenegro increased to 168805 in February of 2014 from 167616 in January of 2014. Employed Persons in Montenegro is reported by the Statistical Office of Montenegro.
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