Montenegro Retail Sales Growth
2007 - 2023 | Monthly | % | CEIC Data
Key information about Montenegro Retail Sales Growth
- Montenegro Retail Sales grew 8.5 % YoY in Apr 2023, compared with a 7.5 % increase in the previous month.
- Montenegro Retail Sales Growth YoY data is updated monthly, available from Jan 2007 to Apr 2023, with an average growth rate of 4.8 %.
- The data reached an all-time high of 52.4 % in Aug 2021 and a record low of -35.2 % in Jul 2020.
CEIC calculates monthly Retail Sales: Incl. Motor Vehicles Growth from monthly Real Retail Trade Turnover Index. The Statistical Office of Montenegro provides Real Retail Trade Turnover Index with base Same Month Previous Year=100. Retail Sales: Incl. Motor Vehicles Growth prior to January 2011 is calculated from Real Retail Trade Turnover Index based on NACE Rev. 1.1.
View Montenegro's Retail Sales Growth from Jan 2007 to Apr 2023 in the chart:
What was Montenegro's Retail Sales Growth in Apr 2023?
Montenegro Retail Sales grew 8.5 % YoY in Apr 2023, compared with a 7.5 % increase in the previous month. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 8.5 Apr 2023 | 7.5 Mar 2023 | -35.2 Jul 2020 | 52.4 Aug 2021 | % | monthly | Jan 2007 - Apr 2023 |
Retail Sales Growth by Country Comparison
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Includes Retail Sales Growth on 76 economies standardised by CEIC. Instant access to full history data in excel.
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 4.5 Mar 2023 | monthly | Jan 2006 - Mar 2023 |
| Argentina (%) | -11.4 Feb 2024 | monthly | Jan 2018 - Feb 2024 |
| Armenia (%) | 6.6 Feb 2024 | monthly | Jan 2001 - Feb 2024 |
| Australia (%) | 4.2 May 2023 | monthly | Apr 1983 - May 2023 |
| Austria (%) | -4.7 Dec 2023 | monthly | Jan 2007 - Dec 2023 |
| Azerbaijan (%) | 2.7 Mar 2024 | monthly | Dec 2007 - Mar 2024 |
| Belarus (%) | 14.0 Mar 2024 | monthly | Oct 2008 - Mar 2024 |
| Belgium (%) | -5.1 Feb 2024 | monthly | Jan 2007 - Feb 2024 |
| Bosnia and Herzegovina (%) | 15.4 Apr 2023 | monthly | Jan 2013 - Apr 2023 |
| Brazil (%) | 4.3 Feb 2024 | monthly | Jan 2001 - Feb 2024 |
| Bulgaria (%) | -0.6 Apr 2023 | monthly | Jan 2001 - Apr 2023 |
| Canada (%) | 1.1 Apr 2023 | monthly | Jan 1992 - Apr 2023 |
| Chile (%) | 4.3 Feb 2024 | monthly | Jan 2015 - Feb 2024 |
| China (%) | 12.7 May 2023 | monthly | Jan 1994 - May 2023 |
| Colombia (%) | 0.7 Feb 2024 | monthly | Jan 2014 - Feb 2024 |
| Croatia (%) | 3.3 Apr 2023 | monthly | Jan 2001 - Apr 2023 |
| Cyprus (%) | 5.2 Feb 2024 | monthly | Jan 2006 - Feb 2024 |
| Czech Republic (%) | 6.1 Feb 2024 | monthly | Jan 2001 - Feb 2024 |
| Denmark (%) | 0.4 May 2023 | monthly | Jan 2001 - May 2023 |
| Egypt (%) | 1.4 2020 | yearly | 1996 - 2020 |
| Estonia (%) | 0.3 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| European Union (%) | -0.7 Jan 2024 | monthly | Jan 2000 - Jan 2024 |
| Finland (%) | -1.6 Nov 2023 | monthly | Jan 1996 - Nov 2023 |
| France (%) | 1.1 Feb 2024 | monthly | Jan 1996 - Feb 2024 |
| Georgia (%) | 4.3 Sep 2023 | quarterly | Mar 2010 - Sep 2023 |
| Germany (%) | -4.4 Apr 2023 | monthly | Jan 1995 - Apr 2023 |
| Greece (%) | -12.4 Feb 2024 | monthly | Jan 2001 - Feb 2024 |
| Hong Kong SAR, China (%) | 16.6 May 2023 | monthly | Jan 1982 - May 2023 |
| Hungary (%) | 0.8 Feb 2024 | monthly | Jan 2001 - Feb 2024 |
| Iceland (%) | 8.6 Feb 2024 | monthly | Feb 2002 - Feb 2024 |
| Indonesia (%) | 0.0 May 2023 | monthly | Jan 2011 - May 2023 |
| Ireland (%) | 1.3 Mar 2024 | monthly | Jan 2006 - Mar 2024 |
| Israel (%) | 3.0 Feb 2024 | monthly | Jan 1998 - Feb 2024 |
| Italy (%) | 0.4 Feb 2024 | monthly | Jan 2001 - Feb 2024 |
| Japan (%) | 5.2 Apr 2023 | monthly | Oct 1992 - Apr 2023 |
| Kazakhstan (%) | 5.4 May 2023 | monthly | Jan 2006 - May 2023 |
| South Korea (%) | -0.7 Apr 2023 | monthly | Jan 1996 - Apr 2023 |
| Kyrgyzstan (%) | 10.7 2022 | yearly | 1990 - 2022 |
| Latvia (%) | 2.9 Mar 2024 | monthly | Jan 2001 - Mar 2024 |
| Lithuania (%) | 3.8 Mar 2024 | monthly | Jan 1999 - Mar 2024 |
| Luxembourg (%) | 7.0 Feb 2024 | monthly | Jan 2006 - Feb 2024 |
| Macau SAR, China (%) | 40.2 Dec 2023 | quarterly | Mar 2002 - Dec 2023 |
| North Macedonia (%) | -0.4 Mar 2024 | monthly | Jan 2011 - Mar 2024 |
| Malaysia (%) | 12.9 Apr 2023 | monthly | Jan 2014 - Apr 2023 |
| Malta (%) | 0.6 Mar 2024 | quarterly | Mar 2001 - Mar 2024 |
| Mexico (%) | 4.6 Apr 2023 | monthly | Jan 2002 - Apr 2023 |
| Moldova (%) | 16.2 Feb 2024 | monthly | Jan 2011 - Feb 2024 |
| Mongolia (%) | 14.9 Dec 2023 | quarterly | Mar 2012 - Dec 2023 |
| Montenegro (%) | 8.5 Apr 2023 | monthly | Jan 2007 - Apr 2023 |
| Netherlands (%) | -4.2 May 2023 | monthly | Jan 2001 - May 2023 |
| New Zealand (%) | 0.3 Dec 2023 | quarterly | Sep 1996 - Dec 2023 |
| Norway (%) | 0.5 Mar 2024 | monthly | Jan 1980 - Mar 2024 |
| Palestinian Territory (%) | -0.2 2018 | yearly | 2011 - 2018 |
| Peru (%) | 6.1 Jan 2024 | monthly | Jan 2015 - Jan 2024 |
| Poland (%) | -1.8 Apr 2023 | monthly | Jan 2001 - Apr 2023 |
| Portugal (%) | 3.1 May 2023 | monthly | Jan 2001 - May 2023 |
| Qatar (%) | 6.9 2021 | yearly | 1987 - 2021 |
| Romania (%) | 7.1 Feb 2024 | monthly | Jan 2001 - Feb 2024 |
| Russia (%) | 11.1 Mar 2024 | monthly | Jan 1994 - Mar 2024 |
| Serbia (%) | -6.2 May 2023 | monthly | Dec 2004 - May 2023 |
| Singapore (%) | -1.6 Feb 2024 | monthly | Jan 1986 - Feb 2024 |
| Slovakia (%) | 5.3 Feb 2024 | monthly | Jan 2001 - Feb 2024 |
| Slovenia (%) | -0.7 Mar 2024 | monthly | Jan 2001 - Mar 2024 |
| South Africa (%) | -1.3 Feb 2024 | monthly | Jan 2003 - Feb 2024 |
| Spain (%) | 3.1 Dec 2023 | monthly | Jan 2001 - Dec 2023 |
| Sweden (%) | -3.9 May 2023 | monthly | Jan 1991 - May 2023 |
| Switzerland (%) | -3.4 Apr 2023 | monthly | Jan 2001 - Apr 2023 |
| Taiwan (%) | 1.7 Feb 2022 | monthly | Jan 2000 - Feb 2022 |
| Thailand (%) | 0.5 Mar 2023 | monthly | Jan 1996 - Mar 2023 |
| Turkey (%) | 13.2 Nov 2023 | monthly | Jan 2011 - Nov 2023 |
| Ukraine (%) | -3.1 Dec 2022 | monthly | Jan 2008 - Dec 2022 |
| United Kingdom (%) | -2.1 May 2023 | monthly | Jan 1997 - May 2023 |
| United States (%) | 1.0 May 2023 | monthly | Jan 1993 - May 2023 |
| Uzbekistan (%) | -4.0 Apr 2023 | monthly | Jan 2019 - Apr 2023 |
| Venezuela (%) | -53.5 Jan 2019 | monthly | Jan 2005 - Jan 2019 |
| Vietnam (%) | 7.1 Apr 2024 | monthly | Sep 2004 - Apr 2024 |
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Includes 175 key indicators for Montenegro, curated by CEIC analysts. Instant access to full history data in excel.
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | 0.2 Dec 2023 | quarterly | Dec 2012 - Dec 2023 |
| Consolidated Fiscal Balance (USD mn) | -158.147 Dec 2023 | monthly | Jan 2012 - Dec 2023 |
| Tax Revenue (USD mn) | 200.614 Mar 2024 | monthly | Jan 2012 - Mar 2024 |
| Tax Revenue: % of GDP (%) | 22.8 Dec 2023 | quarterly | Mar 2012 - Dec 2023 |
| National Government Debt (USD mn) | 4,219.6 Sep 2023 | monthly | Dec 2010 - Sep 2023 |
| Government Debt: % of GDP (%) | 59.7 Sep 2023 | quarterly | Dec 2010 - Sep 2023 |
| Forecast: Government Expenditure (EUR bn) | 3.984 2028 | yearly | 2002 - 2028 |
| Forecast: Government Net Debt (EUR bn) | 6.396 2029 | yearly | 2002 - 2029 |
| Forecast: Government Revenue (EUR bn) | 3.914 2029 | yearly | 2002 - 2029 |
| General Govt Revenue: Cons: Taxes (EUR) | 184,557,374.950 Mar 2024 | monthly | Jan 2012 - Mar 2024 |
| General Govt Expenditure: Consolidated (EUR) | 232,033,329.410 Mar 2024 | monthly | Jan 2012 - Mar 2024 |
| General Govt Revenue: Cons: Taxes: Value Added Tax (EUR) | 78,800,496.590 Mar 2024 | monthly | Jan 2012 - Mar 2024 |
| General Govt Expenditure: Cons: ow Current (EUR) | 216,826,085.840 Mar 2024 | monthly | Jan 2012 - Mar 2024 |
| General Govt Balance: Consolidated: Deficit or Surplus (EUR) | -144,918,956.860 Dec 2023 | monthly | Jan 2012 - Dec 2023 |
| General Govt Revenue: Cons: Taxes: Excises (EUR) | 21,994,790.370 Mar 2024 | monthly | Jan 2012 - Mar 2024 |
| General Government Revenue: Consolidated (EUR) | 256,012,257.490 Dec 2023 | monthly | Jan 2012 - Dec 2023 |
| Gross General Government Debt: Domestic (EUR mn) | 382.470 Jun 2022 | monthly | Dec 2010 - Jun 2022 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 1.534 2028 | yearly | 2003 - 2028 |
| Trade Balance (USD mn) | -280.4 Dec 2023 | monthly | Jan 2005 - Dec 2023 |
| Total Exports (USD mn) | 42.2 Sep 2023 | monthly | Jan 2005 - Sep 2023 |
| Total Exports Growth (%) | -25.3 Dec 2023 | monthly | Jan 2006 - Dec 2023 |
| Aluminum: Exports (USD th) | 180,096.808 2022 | yearly | 2008 - 2022 |
| Exports: Medicament (USD th) | 34,801.190 2022 | yearly | 2008 - 2022 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 28.151 2022 | yearly | 2008 - 2022 |
| Total Imports (USD mn) | 368.3 Sep 2023 | monthly | Jan 2005 - Sep 2023 |
| Total Imports Growth (%) | 7.0 Dec 2023 | monthly | Jan 2006 - Dec 2023 |
| Imports: Medicament (USD th) | 116,265.339 2022 | yearly | 2008 - 2022 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 45,821.508 2022 | yearly | 2008 - 2022 |
| Total Exports to USA (USD mn) | 0.202 Feb 2024 | monthly | Jan 2010 - Feb 2024 |
| Total Imports from USA (USD mn) | 3.945 Mar 2024 | monthly | Jan 2006 - Mar 2024 |
| Total Exports to China (USD mn) | 3.786 Feb 2024 | monthly | Jan 2010 - Feb 2024 |
| Total Imports from China (USD mn) | 43.246 Mar 2024 | monthly | Jan 2006 - Mar 2024 |
| Exports (EUR th) | 39,512.254 Sep 2023 | monthly | Jan 2005 - Sep 2023 |
| Exports: Mineral Fuels, Lubricants & Related Materials (EUR th) | 11,409.210 Feb 2024 | monthly | Mar 2009 - Feb 2024 |
| Exports: Machinery & Transport Equipment (EUR th) | 20,442.833 Feb 2024 | monthly | Mar 2009 - Feb 2024 |
| Exports: Crude Materials: excl Fuels (EUR th) | 9,713.931 Feb 2024 | monthly | Mar 2009 - Feb 2024 |
| Exports: Manufactured Goods (EUR th) | 10,205.156 Feb 2024 | monthly | Mar 2009 - Feb 2024 |
| Exports: Food & Live Animals (EUR th) | 3,589.306 Feb 2024 | monthly | Mar 2009 - Feb 2024 |
| Exports: Europe: CEFTA: Serbia (EUR th) | 17,885.372 Feb 2024 | monthly | Mar 2009 - Feb 2024 |
| Exports: Europe: EU-28: Slovenia (EUR th) | 3,646.741 Feb 2024 | monthly | Mar 2009 - Feb 2024 |
| Imports: Manufactured Goods (EUR th) | 52,319.526 Feb 2024 | monthly | Mar 2009 - Feb 2024 |
| Imports: Food & Live Animals (EUR th) | 55,315.303 Feb 2024 | monthly | Mar 2009 - Feb 2024 |
| Imports (EUR th) | 345,099.221 Sep 2023 | monthly | Jan 2005 - Sep 2023 |
| Imports: Machinery & Transport Equipment (EUR th) | 82,421.680 Feb 2024 | monthly | Mar 2009 - Feb 2024 |
| Imports: Mineral Fuels, Lubricants & Related Materials (EUR th) | 25,790.103 Feb 2024 | monthly | Mar 2009 - Feb 2024 |
| Imports: Miscellaneous Manufactured Goods (EUR th) | 42,690.952 Feb 2024 | monthly | Mar 2009 - Feb 2024 |
| Imports: Europe: CEFTA: Serbia (EUR th) | 55,688.480 Mar 2024 | monthly | Mar 2009 - Mar 2024 |
| Imports: Europe: EU-28: Greece (EUR th) | 16,962.572 Feb 2024 | monthly | Mar 2009 - Feb 2024 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Direct Investment Abroad (USD mn) | 27.0 Dec 2023 | quarterly | Mar 2005 - Dec 2023 |
| Current Account Balance (USD mn) | -278.9 Mar 2023 | quarterly | Mar 2004 - Mar 2023 |
| Current Account Balance: % of GDP (%) | -24.1 Dec 2023 | quarterly | Mar 2010 - Dec 2023 |
| Foreign Direct Investment (USD mn) | 150.7 Dec 2023 | quarterly | Mar 2005 - Dec 2023 |
| Foreign Direct Investment: % of GDP (%) | 8.0 Dec 2023 | quarterly | Mar 2010 - Dec 2023 |
| Foreign Portfolio Investment (USD mn) | 2.789 Dec 2023 | quarterly | Mar 2005 - Dec 2023 |
| Foreign Portfolio Investment: % of GDP (%) | 0.1 Dec 2023 | quarterly | Mar 2010 - Dec 2023 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | 119.2 Dec 2023 | quarterly | Mar 2007 - Dec 2023 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | 31.320 Dec 2023 | quarterly | Mar 2007 - Dec 2023 |
| External Debt (USD mn) | 8,815.2 2022 | yearly | 2006 - 2022 |
| External Debt: % of GDP (%) | 141.5 2022 | yearly | 2006 - 2022 |
| External Debt: Short Term (USD mn) | 198.7 2022 | yearly | 2007 - 2022 |
| External Debt: Short Term: % of GDP (%) | 3.2 2022 | yearly | 2007 - 2022 |
| Forecast: Current Account Balance (USD bn) | -1.297 2028 | yearly | 2001 - 2028 |
| BoP: Current Account: Goods: Export (EUR th) | 120,372.138 Dec 2018 | quarterly | Mar 2010 - Dec 2018 |
| BoP: Financial Account: Change in Central Bank Reserves (EUR th) | -9,057.098 Dec 2018 | quarterly | Mar 2010 - Dec 2018 |
| Balance of Payments (BoP): Current Account and Capital Account (EUR th) | -374,597.413 Dec 2018 | quarterly | Mar 2010 - Dec 2018 |
| BoP: Current Account: Goods: Import (EUR th) | 645,611.036 Dec 2018 | quarterly | Mar 2010 - Dec 2018 |
| Gross General Government External Debt (EUR mn) | 3,613.400 Jun 2023 | monthly | Dec 2010 - Jun 2023 |
| Foreign Direct Investment: Flow: Switzerland (EUR) | 18,559,843.260 2022 | yearly | 2001 - 2022 |
| Foreign Direct Investment: Flow: Russian Federation (EUR) | 27,472,844.110 2022 | yearly | 2001 - 2022 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 5.1 Feb 2024 | monthly | Aug 2010 - Feb 2024 |
| Household Debt: % of GDP (%) | 24.7 Dec 2023 | quarterly | Dec 2010 - Dec 2023 |
| Non-Performing Loans (USD mn) | 218.559 Nov 2022 | monthly | Dec 2010 - Nov 2022 |
| M2 Growth (%) | 22.9 2022 | yearly | 2003 - 2022 |
| Reserve Requirement Ratio (%) | 5.5 Feb 2024 | monthly | Jan 2002 - Feb 2024 |
| Foreign Exchange Reserves (USD mn) | 1,881.6 Mar 2024 | monthly | Dec 2002 - Mar 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 19.668 Dec 2023 | quarterly | Dec 2010 - Dec 2023 |
| Foreign Exchange Reserves: Months of Import (NA) | 5.3 Mar 2024 | monthly | Jan 2005 - Mar 2024 |
| Gold Reserves (USD mn) | 0.000 Mar 2024 | monthly | Dec 2002 - Mar 2024 |
| Total Deposits (USD mn) | 5,755.017 Mar 2024 | monthly | Jan 2003 - Mar 2024 |
| Total Deposits Growth (%) | 2.8 Mar 2024 | monthly | Jan 2004 - Mar 2024 |
| Domestic Credit (USD mn) | 3,208.9 Mar 2024 | monthly | Jan 2005 - Mar 2024 |
| Domestic Credit Growth (%) | -6.3 Mar 2024 | monthly | Jan 2006 - Mar 2024 |
| Household Debt (USD mn) | 1,882.4 Mar 2024 | monthly | Dec 2004 - Mar 2024 |
| Total Loans (USD mn) | 4,596.407 Mar 2024 | monthly | Jan 2003 - Mar 2024 |
| Total Loans Growth (%) | 10.99 Mar 2024 | monthly | Jan 2004 - Mar 2024 |
| Private Debt: % of Nominal GDP (%) | 43.41 Dec 2023 | quarterly | Dec 2010 - Dec 2023 |
| Bank Loans: Residents: Households (EUR th) | 1,188,990.000 Jun 2018 | monthly | Jan 2009 - Jun 2018 |
| Bank Loans: Non Performing Loans (EUR th) | 200,600.000 Apr 2018 | monthly | Dec 2010 - Apr 2018 |
| ME: Bank Non-Performing Loans to Total Gross Loans (%) | 7.426 2018 | yearly | 2013 - 2018 |
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