Montenegro's current account deficit widened to EUR 317.6 million in the first quarter of 2019 from EUR 303.6 million in the same period of the previous year. The goods shortfall increased to EUR 409.2 million from EUR 389.3 million a year earlier and the primary income surplus narrowed to EUR 9.4 million from EUR 11.9 million. On the other hand, the services surplus rose to EUR 25.8 million from EUR 18.0 million and the secondary income surplus advanced to EUR 56.4 million from 55.9 million. Current Account in Montenegro averaged -152037.15 EUR Thousand from 2003 until 2019, reaching an all time high of 292018 EUR Thousand in the third quarter of 2015 and a record low of -493338.85 EUR Thousand in the second quarter of 2008.

Montenegro Current Account
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Calendar GMT Actual Previous Consensus TEForecast
2018-08-20 01:55 PM Current Account €-308.4M €-304.2M €-330M
2018-11-20 11:50 AM Current Account €197.5M €-309.3M €291M
2019-02-19 12:00 PM Current Account €-374.6M €200.2M € -295M
2019-05-21 11:00 AM Current Account €-317.6M €-374.5M € -307M
2019-08-20 11:00 AM Current Account €-317.6M
2019-11-20 12:00 PM Current Account


Montenegro Trade Last Previous Highest Lowest Unit
Balance of Trade -209472.26 -210126.99 -26293.00 -222421.00 EUR Thousand [+]
Current Account -317621.00 -374453.00 292018.00 -493338.85 EUR Thousand [+]
Current Account to GDP -18.50 -18.90 -7.40 -44.23 percent [+]
Imports 239568.60 241641.76 264187.00 65304.00 EUR Thousand [+]
Exports 30096.34 31514.78 52965.30 11428.00 EUR Thousand [+]
Capital Flows -291592.00 -396071.00 542738.38 -396071.00 EUR Thousand [+]
Tourist Arrivals 125492.00 94911.00 194968.00 10322.00 [+]
Terrorism Index 0.04 0.08 1.45 0.00 [+]
Remittances 61480.91 60049.75 61480.91 35725.82 EUR Thousand [+]
Foreign Direct Investment 757435.20 843101.10 1223999.76 479191.48 EUR Thousand [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Montenegro Current Account

Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides - Montenegro Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Montenegro Current Account - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-317621.00 -374453.00 292018.00 -493338.85 2003 - 2019 EUR Thousand Quarterly




Country Last Previous
Argentina -3849.43 Mar/19
Australia -2900.00 Mar/19
Brazil 662.00 May/19
Canada -17347.00 Mar/19
China 490.00 Mar/19
Euro Area 19.20 Apr/19
France 343.00 May/19
Germany 16500.00 May/19
India -4600.00 Mar/19
Indonesia -6966.00 Mar/19
Italy 3913.80 Apr/19
Japan 1594.84 May/19
Mexico -5634.10 Mar/19
Netherlands 18079.00 Mar/19
Russia 12100.00 Jun/19
Saudi Arabia 11518.00 Mar/19
Singapore 20296.50 Mar/19
South Africa -142495.00 Mar/19
South Korea 4949.40 May/19
Spain -413.00 Apr/19
Switzerland 17215.95 Mar/19
Turkey 151.00 May/19
United Kingdom -30045.00 Mar/19
United States -130400.00 Mar/19


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