Montenegro recorded a Current Account deficit of 17.50 percent of the country's Gross Domestic Product in 2024. Current Account to GDP in Montenegro averaged -17.57 percent of GDP from 2003 until 2024, reaching an all time high of -7.40 percent of GDP in 2003 and a record low of -44.23 percent of GDP in 2007. source: Central Bank of Montenegro

Current Account to GDP in Montenegro is expected to reach -11.10 percent of GDP by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Montenegro Current Account to GDP is projected to trend around -11.50 percent of GDP in 2026 and -12.00 percent of GDP in 2027, according to our econometric models.



Related Last Previous Unit Reference
Capital Flows -323290.31 -503684.00 EUR Thousand Jun 2025
Current Account -450385.46 -508256.29 EUR Thousand Jun 2025
Current Account to GDP -17.50 -11.40 percent of GDP Dec 2024
Foreign Direct Investment 891118.75 862342.52 EUR Thousand Dec 2024
Imports 408990.20 404038.40 EUR Thousand Jul 2025
Remittances 111858.00 97504.00 EUR Thousand Jun 2025



Montenegro Current Account to GDP
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.
Actual Previous Highest Lowest Dates Unit Frequency
-17.50 -11.40 -7.40 -44.23 2003 - 2024 percent of GDP Yearly