Government Spending in Montenegro decreased to 170165 EUR Thousand in the first quarter of 2019 from 255721 EUR Thousand in the fourth quarter of 2018. Government Spending in Montenegro averaged 178097.12 EUR Thousand from 2011 until 2019, reaching an all time high of 255721 EUR Thousand in the fourth quarter of 2018 and a record low of 132118 EUR Thousand in the first quarter of 2011.

Government Spending in Montenegro is expected to be 197762.44 EUR Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Montenegro to stand at 201664.65 in 12 months time. In the long-term, the Montenegro Government Spending is projected to trend around 214155.77 EUR Thousand in 2020, according to our econometric models.

Montenegro Government Spending
Forecast Data Chart
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Montenegro Government Last Previous Highest Lowest Unit
Government Debt to GDP 62.27 62.50 88.30 26.80 percent [+]
Government Budget -2.00 -2.00 6.60 -7.20 percent of GDP [+]
Government Budget Value -70208201.00 -159232125.00 187654471.92 -303886124.31 EUR [+]
Government Spending 170165.00 255721.00 255721.00 132118.00 EUR Thousand [+]
Government Revenues 417770898.25 1746354111.66 1785041971.06 165905908.20 EUR [+]
Government Debt 3093.90 3105.01 3105.01 700.40 EUR Million [+]
Fiscal Expenditure 487979099.25 1905586236.66 2012876110.86 174130466.74 EUR [+]
Military Expenditure 77.50 65.70 77.50 56.40 USD Million [+]
Credit Rating 40.00 [+]

Montenegro Government Spending

Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth. This page provides - Montenegro Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Montenegro Government Spending - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
170165.00 255721.00 255721.00 132118.00 2011 - 2019 EUR Thousand Quarterly
Constant Prices, NSA

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