Montenegro Forecast: Real GDP Growth

2001 - 2028 | Yearly | % | International Monetary Fund

Key information about Montenegro Forecast: Real GDP Growth

  • Montenegro Real GDP Growth is forecasted to be 3.200 % in Dec 2023 as reported by International Monetary Fund.
  • It records no change from the last reported number of 6.400 % in Dec 2022.
  • Looking ahead, Montenegro Real GDP Growth is projected to stand at 3.000 % in Dec 2028.
  • The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: Gross Domestic Product: Constant Prices: YoY.

View Montenegro's Forecast: Real GDP Growth from 2001 to 2028 in the chart:

Montenegro Forecast: Real GDP Growth

What is Montenegro's Forecast: Real GDP Growth in 2028?

Montenegro Real GDP Growth is forecasted to be 3.200 % in Dec 2023 as reported by International Monetary Fund. See the table below for more data.

Last Previous Min Max Unit Frequency Range
3.000 2028 3.000 2027 -15.307 2020 13.043 2021 % yearly 2001 - 2028

Forecast: Real GDP Growth by Country Comparison

country/region Last Frequency Range
Afghanistan (%) 2.711 2023 yearly 2003 - 2023
Albania (%) 3.400 2028 yearly 1980 - 2028
Algeria (%) 1.782 2028 yearly 1980 - 2028
Andorra (%) 1.500 2028 yearly 2001 - 2028
Angola (%) 4.230 2028 yearly 1980 - 2028
Antigua and Barbuda (%) 2.685 2027 yearly 1980 - 2027
Argentina (%) 2.000 2027 yearly 1980 - 2027
Armenia (%) 4.500 2028 yearly 1993 - 2028
Aruba (%) 1.100 2028 yearly 1987 - 2028
Australia (%) 2.279 2027 yearly 1980 - 2027
Austria (%) 1.527 2028 yearly 1980 - 2028
Azerbaijan (%) 2.572 2028 yearly 1993 - 2028
Bahamas (%) 1.496 2027 yearly 1980 - 2027
Bahrain (%) 2.733 2028 yearly 1980 - 2028
Bangladesh (%) 9.531 2021 yearly 1980 - 2021
Barbados (%) 1.840 2027 yearly 1980 - 2027
Belarus (%) 0.741 2028 yearly 1993 - 2028
Belgium (%) 1.289 2028 yearly 1980 - 2028
Belize (%) 2.012 2027 yearly 1980 - 2027
Benin (%) 5.934 2028 yearly 1980 - 2028
Bhutan (%) 5.114 2029 yearly 1980 - 2029
Bolivia (%) 3.400 2027 yearly 1980 - 2027
Bosnia and Herzegovina (%) 3.000 2028 yearly 1997 - 2028
Botswana (%) 3.957 2028 yearly 1980 - 2028
Brazil (%) 2.015 2028 yearly 1980 - 2028
Brunei (%) 2.112 2027 yearly 1986 - 2027
Bulgaria (%) 2.840 2028 yearly 1980 - 2028
Burkina Faso (%) 5.258 2027 yearly 1980 - 2027
Burundi (%) 4.565 2027 yearly 1980 - 2027
Cambodia (%) 6.500 2027 yearly 1988 - 2027
Cameroon (%) 4.898 2027 yearly 1980 - 2027
Canada (%) 1.643 2029 yearly 1980 - 2029
Cape Verde (%) 4.498 2027 yearly 1980 - 2027
Central African Republic (%) 3.347 2028 yearly 1980 - 2028
Chad (%) 3.508 2027 yearly 1980 - 2027
Chile (%) 2.459 2027 yearly 1980 - 2027
China (%) 3.437 2028 yearly 1980 - 2028
Colombia (%) 3.345 2028 yearly 1980 - 2028
Comoros (%) 4.342 2027 yearly 1980 - 2027
Congo (%) 3.980 2028 yearly 1980 - 2028
Costa Rica (%) 3.243 2027 yearly 1980 - 2027
Croatia (%) 2.800 2028 yearly 1993 - 2028
Cyprus (%) 2.983 2029 yearly 1980 - 2029
Czech Republic (%) 2.501 2027 yearly 1996 - 2027
Democratic Republic of Congo (%) 6.482 2028 yearly 1980 - 2028
Denmark (%) 1.800 2027 yearly 1980 - 2027
Djibouti (%) 5.000 2028 yearly 1992 - 2028
Dominica (%) 2.685 2028 yearly 1980 - 2028
Dominican Republic (%) 4.985 2028 yearly 1980 - 2028
Ecuador (%) 2.751 2028 yearly 1980 - 2028
Egypt (%) 5.984 2028 yearly 1980 - 2028
El Salvador (%) 1.965 2027 yearly 1980 - 2027
Equatorial Guinea (%) -0.981 2027 yearly 1980 - 2027
Eritrea (%) 2.925 2028 yearly 1993 - 2028
Estonia (%) 3.300 2027 yearly 1994 - 2027
Swaziland (%) 2.278 2027 yearly 1980 - 2027
Ethiopia (%) 6.953 2028 yearly 1980 - 2028
Fiji (%) 3.459 2028 yearly 1980 - 2028
Finland (%) 1.519 2029 yearly 1980 - 2029
France (%) 1.450 2028 yearly 1980 - 2028
Gabon (%) 3.809 2027 yearly 1981 - 2027
Gambia (%) 5.000 2027 yearly 1980 - 2027
Georgia (%) 5.198 2028 yearly 1995 - 2028
Germany (%) 1.134 2028 yearly 1980 - 2028
Ghana (%) 6.774 2027 yearly 1980 - 2027
Greece (%) 1.355 2027 yearly 1980 - 2027
Grenada (%) 2.849 2027 yearly 1980 - 2027
Guatemala (%) 3.900 2028 yearly 1980 - 2028
Guinea (%) 5.187 2027 yearly 1980 - 2027
Guinea-Bissau (%) 5.000 2027 yearly 1981 - 2027
Guyana (%) 3.320 2027 yearly 1980 - 2027
Haiti (%) 1.500 2027 yearly 1980 - 2027
Honduras (%) 3.940 2027 yearly 1980 - 2027
Hong Kong SAR, China (%) 2.849 2027 yearly 1980 - 2027
Hungary (%) 3.150 2027 yearly 1980 - 2027
Iceland (%) 2.432 2029 yearly 1980 - 2029
India (%) 6.042 2029 yearly 1981 - 2029
Indonesia (%) 5.117 2027 yearly 1980 - 2027
Iran (%) 2.047 2029 yearly 1981 - 2029
Iraq (%) 2.625 2027 yearly 1999 - 2027
Ireland (%) 3.010 2027 yearly 1980 - 2027
Israel (%) 3.499 2027 yearly 1980 - 2027
Italy (%) 0.882 2028 yearly 1980 - 2028
Ivory Coast (%) 6.000 2028 yearly 1980 - 2028
Jamaica (%) 1.600 2027 yearly 1980 - 2027
Japan (%) 0.409 2028 yearly 1980 - 2028
Jordan (%) 3.300 2027 yearly 1980 - 2027
Kazakhstan (%) 2.778 2028 yearly 1993 - 2028
Kenya (%) 5.516 2027 yearly 1980 - 2027
Kiribati (%) 1.971 2027 yearly 1980 - 2027
South Korea (%) 2.340 2027 yearly 1980 - 2027
Kosovo (%) 3.800 2029 yearly 2001 - 2029
Kuwait (%) 2.655 2027 yearly 1980 - 2027
Kyrgyzstan (%) 3.977 2028 yearly 1993 - 2028
Laos (%) 4.496 2028 yearly 1980 - 2028
Latvia (%) 3.377 2027 yearly 1993 - 2027
Lebanon (%) -22.000 2020 yearly 1980 - 2020
Lesotho (%) 2.084 2030 yearly 1981 - 2030
Liberia (%) 5.680 2027 yearly 2001 - 2027
Libya (%) 3.588 2027 yearly 1980 - 2027

Accurate Macro & Micro Economic Data You Can Trust

Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.

Learn more about what we do

Montenegro Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -0.9 Sep 2024 quarterly Dec 2012 - Sep 2024
Consolidated Fiscal Balance (USD mn) -79.309 Nov 2024 monthly Jan 2012 - Nov 2024
Tax Revenue (USD mn) 139.115 Nov 2024 monthly Jan 2012 - Nov 2024
Tax Revenue: % of GDP (%) 22.8 Sep 2024 quarterly Mar 2012 - Sep 2024
National Government Debt (USD mn) 4,906.6 Sep 2024 monthly Dec 2010 - Sep 2024
Government Debt: % of GDP (%) 59.8 Sep 2024 quarterly Dec 2010 - Sep 2024
Forecast: Government Expenditure (EUR bn) 4.457 2029 yearly 2002 - 2029
Forecast: Government Net Debt (EUR bn) 6.678 2029 yearly 2002 - 2029
Forecast: Government Revenue (EUR bn) 3.919 2029 yearly 2002 - 2029
General Govt Balance: Consolidated: Deficit or Surplus (EUR) -74,671,802.530 Nov 2024 monthly Jan 2012 - Nov 2024
General Govt Expenditure: Consolidated (EUR) 255,961,652.700 Nov 2024 monthly Jan 2012 - Nov 2024
General Government Revenue: Consolidated (EUR) 181,289,850.170 Nov 2024 monthly Jan 2012 - Nov 2024
General Govt Revenue: Cons: Taxes (EUR) 130,980,738.960 Nov 2024 monthly Jan 2012 - Nov 2024
General Govt Expenditure: Cons: ow Current (EUR) 231,723,377.880 Nov 2024 monthly Jan 2012 - Nov 2024
General Govt Revenue: Cons: Taxes: Excises (EUR) 28,020,758.820 Nov 2024 monthly Jan 2012 - Nov 2024
General Govt Revenue: Cons: Taxes: Value Added Tax (EUR) 90,529,869.280 Nov 2024 monthly Jan 2012 - Nov 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 1.534 2028 yearly 2003 - 2028
Trade Balance (USD mn) -257.0 Nov 2024 monthly Jan 2005 - Nov 2024
Total Exports (USD mn) 71.0 Nov 2024 monthly Jan 2005 - Nov 2024
Total Exports Growth (%) 27.4 Nov 2024 monthly Jan 2006 - Nov 2024
Aluminum: Exports (USD th) 77,568.321 2023 yearly 2008 - 2023
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) 328.0 Nov 2024 monthly Jan 2005 - Nov 2024
Total Imports Growth (%) 5.3 Nov 2024 monthly Jan 2006 - Nov 2024
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) 0.393 Nov 2024 monthly Jan 2010 - Nov 2024
Total Imports from USA (USD mn) 3.002 Nov 2024 monthly Jan 2006 - Nov 2024
Total Exports to China (USD mn) 6.951 Nov 2024 monthly Jan 2010 - Nov 2024
Total Imports from China (USD mn) 43.255 Nov 2024 monthly Jan 2006 - Nov 2024
Imports (EUR th) 308,867.525 Nov 2024 monthly Jan 2005 - Nov 2024
Exports (EUR th) 66,878.106 Nov 2024 monthly Jan 2005 - Nov 2024
Exports: Machinery & Transport Equipment (EUR th) 5,705.039 Nov 2024 monthly Mar 2009 - Nov 2024
Exports: Food & Live Animals (EUR th) 6,106.992 Nov 2024 monthly Mar 2009 - Nov 2024
Exports: Mineral Fuels, Lubricants & Related Materials (EUR th) 20,235.088 Nov 2024 monthly Mar 2009 - Nov 2024
Exports: Manufactured Goods (EUR th) 9,448.621 Nov 2024 monthly Mar 2009 - Nov 2024
Exports: Crude Materials: excl Fuels (EUR th) 11,686.150 Nov 2024 monthly Mar 2009 - Nov 2024
Exports: Europe: EU-28: Slovenia (EUR th) 2,202.279 Nov 2024 monthly Mar 2009 - Nov 2024
Exports: Europe: CEFTA: Serbia (EUR th) 23,189.139 Nov 2024 monthly Mar 2009 - Nov 2024
Imports: Food & Live Animals (EUR th) 64,571.850 Nov 2024 monthly Mar 2009 - Nov 2024
Imports: Machinery & Transport Equipment (EUR th) 73,903.676 Nov 2024 monthly Mar 2009 - Nov 2024
Imports: Miscellaneous Manufactured Goods (EUR th) 39,273.327 Nov 2024 monthly Mar 2009 - Nov 2024
Imports: Manufactured Goods (EUR th) 57,029.251 Nov 2024 monthly Mar 2009 - Nov 2024
Imports: Mineral Fuels, Lubricants & Related Materials (EUR th) 27,982.738 Nov 2024 monthly Mar 2009 - Nov 2024
Imports: Europe: CEFTA: Serbia (EUR th) 51,888.117 Nov 2024 monthly Mar 2009 - Nov 2024
Imports: Europe: EU-28: Greece (EUR th) 16,468.635 Nov 2024 monthly Mar 2009 - Nov 2024
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 15.1 Sep 2024 quarterly Mar 2005 - Sep 2024
Current Account Balance (USD mn) -278.9 Mar 2023 quarterly Mar 2004 - Mar 2023
Current Account Balance: % of GDP (%) -23.1 Jun 2024 quarterly Mar 2010 - Jun 2024
Foreign Direct Investment (USD mn) 154.9 Sep 2024 quarterly Mar 2005 - Sep 2024
Foreign Direct Investment: % of GDP (%) 7.8 Jun 2024 quarterly Mar 2010 - Jun 2024
Foreign Portfolio Investment (USD mn) -11.402 Sep 2024 quarterly Mar 2005 - Sep 2024
Foreign Portfolio Investment: % of GDP (%) -0.4 Sep 2024 quarterly Mar 2010 - Sep 2024
Foreign Portfolio Investment: Equity Securities (USD mn) 137.6 Sep 2024 quarterly Mar 2007 - Sep 2024
Foreign Portfolio Investment: Debt Securities (USD mn) 17.205 Sep 2024 quarterly Mar 2007 - Sep 2024
External Debt (USD mn) 8,616.5 2023 yearly 2006 - 2023
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) -1.492 2029 yearly 2001 - 2029
BoP: Current Account: Goods: Export (EUR th) 120,372.138 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: Financial Account: Change in Central Bank Reserves (EUR th) -9,057.098 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) 4,046.072 Sep 2024 monthly Dec 2010 - Sep 2024
Foreign Direct Investment: Flow: Italy (EUR) 5,543,222.480 2023 yearly 2001 - 2023
Foreign Direct Investment: Flow: Switzerland (EUR) 65,139,405.970 2023 yearly 2001 - 2023
Foreign Direct Investment: Flow: Russian Federation (EUR) 112,506,571.770 2023 yearly 2001 - 2023
Foreign Direct Investment: Flow: Serbia (EUR) 125,266,558.270 2023 yearly 2002 - 2023
Foreign Direct Investment: Flow: Slovenia (EUR) 9,478,424.000 2023 yearly 2001 - 2023
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 4.3 Jun 2024 monthly Aug 2010 - Jun 2024
Household Debt: % of GDP (%) 25.6 Sep 2024 quarterly Dec 2010 - Sep 2024
Non-Performing Loans (USD mn) 218.559 Nov 2022 monthly Dec 2010 - Nov 2022
M2 Growth (%) 12.0 2023 yearly 2003 - 2023
Reserve Requirement Ratio (%) 5.5 Nov 2024 monthly Jan 2002 - Nov 2024
Foreign Exchange Reserves (USD mn) 1,636.8 Oct 2024 monthly Dec 2002 - Oct 2024
Foreign Exchange Reserves: % of GDP (%) 21.535 Sep 2024 quarterly Dec 2010 - Sep 2024
Foreign Exchange Reserves: Months of Import (NA) 4.2 Oct 2024 monthly Jan 2005 - Oct 2024
Gold Reserves (USD mn) 0.000 Oct 2024 monthly Dec 2002 - Oct 2024
Total Deposits (USD mn) 6,064.066 Nov 2024 monthly Jan 2003 - Nov 2024
Total Deposits Growth (%) 5.6 Nov 2024 monthly Jan 2004 - Nov 2024
Domestic Credit (USD mn) 3,693.7 Nov 2024 monthly Jan 2005 - Nov 2024
Domestic Credit Growth (%) 3.6 Nov 2024 monthly Jan 2006 - Nov 2024
Household Debt (USD mn) 2,047.1 Nov 2024 monthly Dec 2004 - Nov 2024
Total Loans (USD mn) 4,910.461 Nov 2024 monthly Jan 2003 - Nov 2024
Total Loans Growth (%) 13.97 Nov 2024 monthly Jan 2004 - Nov 2024
Private Debt: % of Nominal GDP (%) 45.02 Jun 2024 quarterly Dec 2010 - Jun 2024
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

More Indicators for Montenegro

Request a demo of CEIC

CEIC’s economic databases cover over 200 global markets. Our Platform offers the most reliable macroeconomic data and advanced analytical tools.

Request a demo
Please note, product demos are not available for students. Please click here to find out more about the version of CEIC available for student users.
Unlimited access tailored to your data needs
Flexible monthly access to CEIC data