Government Spending in Montenegro increased to 225232 EUR Thousand in the second quarter of 2019 from 170165 EUR Thousand in the first quarter of 2019.

Government Spending in Montenegro averaged 179483.44 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. This page provides - Montenegro Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government Spending in Montenegro is expected to be 172294.00 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 231764.00 in 12 months time. In the long-term, the Montenegro Government Spending is projected to trend around 245401.00 EUR Thousand in 2020, according to our econometric models.

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Montenegro Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
225232.00 170165.00 255721.00 132118.00 2011 - 2019 EUR Thousand Quarterly
Constant Prices, NSA

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.