Montenegro Nominal GDP Growth
2011 - 2024 | Quarterly | % | CEIC Data
Key information about Montenegro Nominal GDP Growth
- Montenegro Nominal GDP Growth was reported at 7.679 % in Jun 2024.
- This records a decrease from the previous number of 9.384 % for Mar 2024.
- Montenegro Nominal GDP Growth data is updated quarterly, averaging 6.869 % from Mar 2011 to Jun 2024, with 54 observations.
- The data reached an all-time high of 32.039 % in Sep 2021 and a record low of -26.456 % in Sep 2020.
- Montenegro Nominal GDP Growth data remains active status in CEIC and is reported by CEIC Data.
- The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Nominal GDP: Y-o-Y Growth: Quarterly.
CEIC calculates quarterly Nominal GDP Growth from quarterly Nominal GDP. The Statistical Office of Montenegro provides Nominal GDP in EUR.
View Montenegro's Nominal GDP Growth from Mar 2011 to Jun 2024 in the chart:
What was Montenegro's Nominal GDP Growth in Jun 2024?
Montenegro Nominal GDP Growth was reported at 7.679 % in Jun 2024. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 7.679 Jun 2024 | 9.384 Mar 2024 | -26.456 Sep 2020 | 32.039 Sep 2021 | % | quarterly | Mar 2011 - Jun 2024 |
Nominal GDP Growth by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 6.526 Sep 2024 | quarterly | Mar 2009 - Sep 2024 |
| Algeria (%) | 6.213 Mar 2024 | quarterly | Mar 2000 - Mar 2024 |
| Argentina (%) | 208.098 Sep 2024 | quarterly | Mar 1994 - Sep 2024 |
| Armenia (%) | 6.354 Sep 2024 | quarterly | Dec 1995 - Sep 2024 |
| Australia (%) | 3.547 Sep 2024 | quarterly | Sep 1960 - Sep 2024 |
| Austria (%) | 1.603 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| Azerbaijan (%) | 6.075 Sep 2024 | quarterly | Mar 2002 - Sep 2024 |
| Bahrain (%) | 2.392 Jun 2024 | quarterly | Mar 2008 - Jun 2024 |
| Bangladesh (%) | 12.407 2024 | yearly | 2007 - 2024 |
| Belarus (%) | 13.274 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
| Belgium (%) | 3.003 Jun 2024 | quarterly | Mar 1981 - Jun 2024 |
| Bolivia (%) | 5.208 Jun 2024 | quarterly | Mar 1991 - Jun 2024 |
| Bosnia and Herzegovina (%) | 1.927 Sep 2024 | quarterly | Mar 2009 - Sep 2024 |
| Botswana (%) | 0.082 Sep 2024 | quarterly | Sep 1994 - Sep 2024 |
| Brazil (%) | 7.961 Sep 2024 | quarterly | Mar 1991 - Sep 2024 |
| Brunei (%) | 1.005 Sep 2024 | quarterly | Mar 2005 - Sep 2024 |
| Bulgaria (%) | 10.494 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| Cambodia (%) | 8.798 2022 | yearly | 1994 - 2022 |
| Canada (%) | 4.311 Sep 2024 | quarterly | Mar 1958 - Sep 2024 |
| Chile (%) | 9.139 Sep 2024 | quarterly | Mar 1991 - Sep 2024 |
| China (%) | 4.042 Sep 2024 | quarterly | Mar 1993 - Sep 2024 |
| Colombia (%) | 8.580 Sep 2024 | quarterly | Mar 2001 - Sep 2024 |
| Croatia (%) | 8.670 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| Cyprus (%) | 5.691 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| Czech Republic (%) | 5.386 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| Denmark (%) | 7.466 Sep 2024 | quarterly | Mar 1991 - Sep 2024 |
| Ecuador (%) | 3.653 Jun 2024 | quarterly | Mar 1992 - Jun 2024 |
| Egypt (%) | 37.605 Sep 2024 | quarterly | Sep 2002 - Sep 2024 |
| Estonia (%) | 3.955 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| European Union (%) | 4.321 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| Finland (%) | 1.977 Sep 2024 | quarterly | Mar 1991 - Sep 2024 |
| France (%) | 3.743 Sep 2024 | quarterly | Mar 1950 - Sep 2024 |
| Georgia (%) | 15.756 Sep 2024 | quarterly | Mar 1997 - Sep 2024 |
| Germany (%) | 2.440 Sep 2024 | quarterly | Mar 1961 - Sep 2024 |
| Ghana (%) | 30.729 Sep 2024 | quarterly | Mar 2007 - Sep 2024 |
| Greece (%) | 5.660 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| Hong Kong SAR, China (%) | 6.069 Sep 2024 | quarterly | Mar 1974 - Sep 2024 |
| Hungary (%) | 6.245 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| Iceland (%) | 4.332 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| India (%) | 8.043 Sep 2024 | quarterly | Jun 1997 - Sep 2024 |
| Indonesia (%) | 6.495 Sep 2024 | quarterly | Mar 1994 - Sep 2024 |
| Iran (%) | 35.070 Mar 2024 | quarterly | Jun 1989 - Mar 2024 |
| Ireland (%) | -1.208 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Israel (%) | 5.029 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| Italy (%) | 4.543 Sep 2024 | quarterly | Mar 1981 - Sep 2024 |
| Ivory Coast (%) | 681.695 Mar 2023 | quarterly | Mar 1998 - Mar 2023 |
| Japan (%) | 2.883 Sep 2024 | quarterly | Mar 1981 - Sep 2024 |
| Jordan (%) | 4.600 Sep 2024 | quarterly | Mar 1993 - Sep 2024 |
| Kazakhstan (%) | 15.632 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Kenya (%) | 7.780 Jun 2024 | quarterly | Mar 2010 - Jun 2024 |
| South Korea (%) | 4.972 Sep 2024 | quarterly | Mar 1961 - Sep 2024 |
| Kosovo (%) | 6.248 Sep 2024 | quarterly | Mar 2011 - Sep 2024 |
| Kuwait (%) | 3.246 Jun 2024 | quarterly | Mar 2011 - Jun 2024 |
| Kyrgyzstan (%) | 11.819 Sep 2024 | quarterly | Mar 2001 - Sep 2024 |
| Laos (%) | 23.128 2023 | yearly | 1985 - 2023 |
| Latvia (%) | 3.064 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| Lebanon (%) | 19.333 2020 | yearly | 1998 - 2020 |
| Lithuania (%) | 6.194 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| Luxembourg (%) | 4.729 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| Macau SAR, China (%) | 6.202 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
| North Macedonia (%) | 6.209 Sep 2024 | quarterly | Mar 2001 - Sep 2024 |
| Malawi (%) | 31.544 2023 | yearly | 2003 - 2023 |
| Malaysia (%) | 5.933 Sep 2024 | quarterly | Mar 1992 - Sep 2024 |
| Malta (%) | 7.995 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| Mauritius (%) | 9.785 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
| Mexico (%) | 6.870 Sep 2024 | quarterly | Mar 1994 - Sep 2024 |
| Moldova (%) | 12.440 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| Mongolia (%) | 14.383 Sep 2024 | quarterly | Mar 2001 - Sep 2024 |
| Montenegro (%) | 7.679 Jun 2024 | quarterly | Mar 2011 - Jun 2024 |
| Morocco (%) | 3.615 Jun 2024 | quarterly | Mar 2008 - Jun 2024 |
| Mozambique (%) | 11.026 2023 | yearly | 1964 - 2023 |
| Nepal (%) | 6.662 2024 | yearly | 2002 - 2024 |
| Netherlands (%) | 5.983 Sep 2024 | quarterly | Mar 1989 - Sep 2024 |
| New Zealand (%) | 1.644 Sep 2024 | quarterly | Jun 1988 - Sep 2024 |
| Nigeria (%) | 17.265 Sep 2024 | quarterly | Mar 2011 - Sep 2024 |
| Norway (%) | 3.498 Sep 2024 | quarterly | Mar 1979 - Sep 2024 |
| Oman (%) | 3.409 Sep 2024 | quarterly | Mar 2006 - Sep 2024 |
| Pakistan (%) | 25.810 2024 | yearly | 2001 - 2024 |
| Palestinian Territory (%) | -26.929 Sep 2024 | quarterly | Mar 2001 - Sep 2024 |
| Panama (%) | 2.051 Sep 2024 | quarterly | Mar 2008 - Sep 2024 |
| Paraguay (%) | 6.257 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
| Peru (%) | 5.953 Dec 2022 | quarterly | Mar 1991 - Dec 2022 |
| Philippines (%) | 8.515 Sep 2024 | quarterly | Mar 1982 - Sep 2024 |
| Poland (%) | 5.845 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Portugal (%) | 10.841 Dec 2022 | quarterly | Mar 1996 - Dec 2022 |
| Qatar (%) | 1.759 Sep 2024 | quarterly | Mar 2012 - Sep 2024 |
| Romania (%) | 10.092 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| Russia (%) | 19.527 Mar 2024 | quarterly | Mar 1994 - Mar 2024 |
| Saudi Arabia (%) | 1.031 Sep 2024 | quarterly | Mar 2004 - Sep 2024 |
| Serbia (%) | 9.102 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| Singapore (%) | 8.423 Sep 2024 | quarterly | Mar 1976 - Sep 2024 |
| Slovakia (%) | 4.392 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| Slovenia (%) | 3.950 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| South Africa (%) | 4.400 Sep 2024 | quarterly | Mar 1961 - Sep 2024 |
| Spain (%) | 6.777 Sep 2024 | quarterly | Mar 1971 - Sep 2024 |
| Sri Lanka (%) | 8.262 Sep 2024 | quarterly | Mar 2003 - Sep 2024 |
| Sudan (%) | 103.797 2020 | yearly | 1961 - 2020 |
| Sweden (%) | 3.008 Sep 2024 | quarterly | Mar 1981 - Sep 2024 |
| Switzerland (%) | 4.113 Dec 2022 | quarterly | Mar 1981 - Dec 2022 |
| Syria (%) | 113.698 2022 | yearly | 1971 - 2022 |
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| 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 Government Revenue: Consolidated (EUR) | 181,289,850.170 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 Balance: Consolidated: Deficit or Surplus (EUR) | -74,671,802.530 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 Revenue: Cons: Taxes: Excises (EUR) | 28,020,758.820 Nov 2024 | monthly | Jan 2012 - Nov 2024 |
| General Govt Expenditure: Consolidated (EUR) | 255,961,652.700 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 |
| Exports (EUR th) | 66,878.106 Nov 2024 | monthly | Jan 2005 - Nov 2024 |
| Imports (EUR th) | 308,867.525 Nov 2024 | monthly | Jan 2005 - Nov 2024 |
| Exports: Mineral Fuels, Lubricants & Related Materials (EUR th) | 20,235.088 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: Food & Live Animals (EUR th) | 6,106.992 Nov 2024 | monthly | Mar 2009 - Nov 2024 |
| Exports: Machinery & Transport Equipment (EUR th) | 5,705.039 Nov 2024 | monthly | Mar 2009 - Nov 2024 |
| Exports: Manufactured Goods (EUR th) | 9,448.621 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: 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: 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: 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) | 8,815.2 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) | -1.492 2029 | yearly | 2001 - 2029 |
| 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 |
| 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: Export (EUR th) | 120,372.138 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: Slovenia (EUR) | 9,478,424.000 2023 | yearly | 2001 - 2023 |
| Foreign Direct Investment: Flow: Serbia (EUR) | 125,266,558.270 2023 | yearly | 2002 - 2023 |
| Foreign Direct Investment: Flow: Russian Federation (EUR) | 112,506,571.770 2023 | yearly | 2001 - 2023 |
| Foreign Direct Investment: Flow: Switzerland (EUR) | 65,139,405.970 2023 | yearly | 2001 - 2023 |
| Foreign Direct Investment: Flow: Italy (EUR) | 5,543,222.480 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
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