Montenegro Public Consumption: % of GDP

2010 - 2022 | Quarterly | % | CEIC Data

Key information about Montenegro Public Consumption: % of GDP

  • Montenegro Public Consumption accounted for 13.8 % of its Nominal GDP in Sep 2022, compared with a share of 17.1 % in the previous quarter.
  • Montenegro Public Consumption share of Nominal GDP ratio is updated quarterly, available from Mar 2010 to Sep 2022, with an average number of 20.2 %.
  • The data reached an all-time high of 30.6 % in Dec 2010 and a record low of 12.7 % in Sep 2018.

CEIC calculates Government Consumption as % of Nominal GDP from quarterly Government Consumption Expenditure and quarterly Nominal GDP. The Statistical Office of Montenegro provides Government Consumption Expenditure in EUR and Nominal GDP in EUR.


Related information about Montenegro Public Consumption: % of GDP

  • In the latest reports, Montenegro GDP expanded 3.2 % YoY in Sep 2022.
  • Montenegro Nominal GDP reached 1.8 USD bn in Sep 2022.
  • Its GDP deflator (implicit price deflator) increased 10.5 % in Sep 2022.
  • Montenegro GDP Per Capita reached 9,464.2 USD in Dec 2021.
  • Its Gross Savings Rate was measured at 19.4 % in Sep 2022.
  • For Nominal GDP contributions, Investment accounted for 24.0 % in Sep 2022.
  • Private Consumption accounted for 66.8 % in Sep 2022.

View Montenegro's Public Consumption: % of GDP from Mar 2010 to Sep 2022 in the chart:

Montenegro Public Consumption: % of GDP

What was Montenegro's Public Consumption: % of GDP in Sep 2022?

Montenegro Public Consumption accounted for 13.8 % of its Nominal GDP in Sep 2022, compared with a share of 17.1 % in the previous quarter. See the table below for more data.

Last Previous Min Max Unit Frequency Range
13.8 Sep 2022 17.1 Jun 2022 12.7 Sep 2018 30.6 Dec 2010 % quarterly Mar 2010 - Sep 2022

Public Consumption: % of GDP by Country Comparison

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Includes Public Consumption: % of GDP on 115 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Albania (%) 9.4 Sep 2022 quarterly Mar 2008 - Sep 2022
Algeria (%) 16.9 2023 yearly 1950 - 2023
Argentina (%) 15.7 Dec 2023 quarterly Mar 1993 - Dec 2023
Armenia (%) 8.9 Mar 2024 quarterly Dec 1994 - Mar 2024
Australia (%) 20.4 Dec 2022 quarterly Sep 1959 - Dec 2022
Austria (%) 20.7 Jun 2023 quarterly Mar 1988 - Jun 2023
Azerbaijan (%) 16.4 Dec 2023 quarterly Mar 2001 - Dec 2023
Bahrain (%) 15.8 2021 yearly 1975 - 2021
Bangladesh (%) 5.6 2024 yearly 1973 - 2024
Belarus (%) 18.9 Dec 2023 quarterly Mar 1994 - Dec 2023
Belgium (%) 24.5 Dec 2023 quarterly Mar 1980 - Dec 2023
Bolivia (%) 21.5 Dec 2023 quarterly Mar 1990 - Dec 2023
Bosnia and Herzegovina (%) 20.0 Dec 2023 quarterly Mar 2008 - Dec 2023
Botswana (%) 31.8 Dec 2023 quarterly Mar 2006 - Dec 2023
Brazil (%) 21.0 Dec 2023 quarterly Mar 1996 - Dec 2023
Brunei (%) 17.6 Sep 2022 quarterly Mar 2004 - Sep 2022
Bulgaria (%) 20.8 Dec 2022 quarterly Mar 1995 - Dec 2022
Cambodia (%) 7.4 2022 yearly 1993 - 2022
Canada (%) 21.2 Dec 2023 quarterly Mar 1961 - Dec 2023
Chile (%) 14.5 Mar 2024 quarterly Mar 1996 - Mar 2024
China (%) 15.9 2021 yearly 1952 - 2021
Colombia (%) 12.4 Mar 2024 quarterly Mar 2005 - Mar 2024
Croatia (%) 23.4 Mar 2024 quarterly Mar 1995 - Mar 2024
Cyprus (%) 22.2 Dec 2023 quarterly Mar 1995 - Dec 2023
Czech Republic (%) 22.6 Dec 2022 quarterly Mar 1995 - Dec 2022
Denmark (%) 23.2 Mar 2024 quarterly Mar 1990 - Mar 2024
Ecuador (%) 13.3 Dec 2023 quarterly Mar 1991 - Dec 2023
Egypt (%) 6.0 Dec 2023 quarterly Sep 2001 - Dec 2023
Estonia (%) 23.5 Dec 2023 quarterly Mar 1993 - Dec 2023
European Union (%) 22.0 Dec 2023 quarterly Mar 1995 - Dec 2023
Finland (%) 23.8 Dec 2022 quarterly Mar 1975 - Dec 2022
France (%) 22.9 Mar 2024 quarterly Mar 1980 - Mar 2024
Georgia (%) 12.7 Dec 2023 quarterly Mar 1996 - Dec 2023
Germany (%) 21.7 Mar 2024 quarterly Mar 1991 - Mar 2024
Ghana (%) 5.9 2023 yearly 2006 - 2023
Greece (%) 21.6 Dec 2023 quarterly Mar 1995 - Dec 2023
Hong Kong SAR, China (%) 13.7 Dec 2022 quarterly Mar 1973 - Dec 2022
Hungary (%) 19.1 Dec 2023 quarterly Mar 1995 - Dec 2023
Iceland (%) 27.5 Dec 2023 quarterly Mar 1995 - Dec 2023
India (%) 8.5 Dec 2023 quarterly Jun 1996 - Dec 2023
Indonesia (%) 9.9 Dec 2022 quarterly Mar 1993 - Dec 2022
Iran (%) 10.7 Sep 2023 quarterly Jun 1988 - Sep 2023
Ireland (%) 11.2 Dec 2023 quarterly Mar 1995 - Dec 2023
Israel (%) 26.6 Dec 2023 quarterly Mar 1995 - Dec 2023
Italy (%) 19.6 Dec 2023 quarterly Mar 1980 - Dec 2023
Ivory Coast (%) 9.6 2023 yearly 1960 - 2023
Japan (%) 20.4 Mar 2023 quarterly Mar 1980 - Mar 2023
Jordan (%) 18.3 2023 yearly 1963 - 2023
Kazakhstan (%) 8.7 Sep 2022 quarterly Mar 1994 - Sep 2022
Kenya (%) 12.3 2022 yearly 1960 - 2022
South Korea (%) 17.6 Dec 2023 quarterly Mar 1960 - Dec 2023
Kosovo (%) 13.0 Dec 2022 quarterly Mar 2010 - Dec 2022
Kuwait (%) 24.8 2019 yearly 1962 - 2019
Kyrgyzstan (%) 17.9 Dec 2022 quarterly Mar 2000 - Dec 2022
Laos (%) 14.0 2016 yearly 2000 - 2016
Latvia (%) 22.8 Dec 2023 quarterly Mar 1992 - Dec 2023
Lebanon (%) 15.7 2020 yearly 1990 - 2020
Lithuania (%) 20.0 Dec 2023 quarterly Mar 1993 - Dec 2023
Luxembourg (%) 22.4 Dec 2023 quarterly Mar 1995 - Dec 2023
Macau SAR, China (%) 9.6 Mar 2024 quarterly Mar 1998 - Mar 2024
North Macedonia (%) 17.7 Dec 2023 quarterly Mar 2000 - Dec 2023
Malawi (%) 13.9 2019 yearly 1960 - 2019
Malaysia (%) 11.2 Mar 2024 quarterly Mar 1991 - Mar 2024
Malta (%) 18.8 Dec 2023 quarterly Mar 1992 - Dec 2023
Mauritius (%) 12.5 Dec 2023 quarterly Mar 1999 - Dec 2023
Mexico (%) 10.9 Sep 2023 quarterly Mar 1993 - Sep 2023
Moldova (%) 18.6 Dec 2023 quarterly Mar 1995 - Dec 2023
Mongolia (%) 20.1 Dec 2022 quarterly Mar 2010 - Dec 2022
Montenegro (%) 13.8 Sep 2022 quarterly Mar 2010 - Sep 2022
Morocco (%) 18.4 Dec 2023 quarterly Mar 2007 - Dec 2023
Mozambique (%) 16.7 2022 yearly 1963 - 2022
Nepal (%) 6.3 2024 yearly 1975 - 2024
Netherlands (%) 24.3 Mar 2023 quarterly Mar 1977 - Mar 2023
New Zealand (%) 20.7 Dec 2023 quarterly Jun 1987 - Dec 2023
Nigeria (%) 4.4 2022 yearly 1981 - 2022
Norway (%) 23.0 Mar 2024 quarterly Mar 1978 - Mar 2024
Oman (%) 17.9 2022 yearly 1980 - 2022
Pakistan (%) 9.3 2024 yearly 1960 - 2024
Palestinian Territory (%) 20.1 Dec 2023 quarterly Mar 2011 - Dec 2023
Panama (%) 13.7 2021 yearly 1996 - 2021
Paraguay (%) 13.6 Dec 2023 quarterly Mar 1994 - Dec 2023
Peru (%) 13.7 Mar 2024 quarterly Mar 1980 - Mar 2024
Philippines (%) 13.8 Dec 2022 quarterly Mar 1981 - Dec 2022
Poland (%) 19.0 Mar 2024 quarterly Mar 1995 - Mar 2024
Portugal (%) 20.4 Dec 2022 quarterly Mar 1995 - Dec 2022
Qatar (%) 13.1 Dec 2022 quarterly Mar 2013 - Dec 2022
Romania (%) 16.8 Dec 2023 quarterly Mar 1995 - Dec 2023
Russia (%) 17.5 Dec 2022 quarterly Mar 1993 - Dec 2022
Saudi Arabia (%) 27.6 Dec 2023 quarterly Mar 2003 - Dec 2023
Serbia (%) 16.7 Dec 2023 quarterly Mar 1995 - Dec 2023
Singapore (%) 10.2 2023 yearly 1960 - 2023
Slovakia (%) 24.6 Dec 2022 quarterly Mar 1990 - Dec 2022
Slovenia (%) 21.0 Mar 2024 quarterly Mar 1995 - Mar 2024
South Africa (%) 19.8 Dec 2023 quarterly Mar 1960 - Dec 2023
Spain (%) 19.2 Mar 2023 quarterly Mar 1980 - Mar 2023
Sri Lanka (%) 5.9 Mar 2023 quarterly Mar 2010 - Mar 2023
Sudan (%) 17.9 2022 yearly 1960 - 2022
Sweden (%) 25.8 Dec 2022 quarterly Mar 1980 - Dec 2022
Switzerland (%) 11.4 Dec 2023 quarterly Mar 1980 - Dec 2023
Syria (%) 10.9 2021 yearly 1963 - 2021

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Montenegro Key Series

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Includes 185 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) 14.611 Mar 2024 monthly Jan 2012 - Mar 2024
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 Government Revenue: Consolidated (EUR) 245,475,116.530 Mar 2024 monthly Jan 2012 - Mar 2024
General Govt Balance: Consolidated: Deficit or Surplus (EUR) 13,441,787.120 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: Excises (EUR) 21,994,790.370 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 Revenue: Cons: Taxes (EUR) 184,557,374.950 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
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) -357.3 Apr 2024 monthly Jan 2005 - Apr 2024
Total Exports (USD mn) 46.5 Mar 2024 monthly Jan 2005 - Mar 2024
Total Exports Growth (%) -29.1 Mar 2024 monthly Jan 2006 - Mar 2024
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) 415.3 Apr 2024 monthly Jan 2005 - Apr 2024
Total Imports Growth (%) 29.9 Apr 2024 monthly Jan 2006 - Apr 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) 0.275 Apr 2024 monthly Jan 2010 - Apr 2024
Total Imports from USA (USD mn) 4.571 Apr 2024 monthly Jan 2006 - Apr 2024
Total Exports to China (USD mn) 3.637 Mar 2024 monthly Jan 2010 - Mar 2024
Total Imports from China (USD mn) 57.149 Apr 2024 monthly Jan 2006 - Apr 2024
Imports (EUR th) 324,402.879 Mar 2024 monthly Jan 2005 - Mar 2024
Exports (EUR th) 42,812.547 Mar 2024 monthly Jan 2005 - Mar 2024
Exports: Mineral Fuels, Lubricants & Related Materials (EUR th) 8,932.120 Mar 2024 monthly Mar 2009 - Mar 2024
Exports: Manufactured Goods (EUR th) 4,882.269 Mar 2024 monthly Mar 2009 - Mar 2024
Exports: Machinery & Transport Equipment (EUR th) 4,226.892 Mar 2024 monthly Mar 2009 - Mar 2024
Exports: Food & Live Animals (EUR th) 3,878.022 Mar 2024 monthly Mar 2009 - Mar 2024
Exports: Crude Materials: excl Fuels (EUR th) 9,933.344 Mar 2024 monthly Mar 2009 - Mar 2024
Exports: Europe: CEFTA: Serbia (EUR th) 15,227.524 Mar 2024 monthly Mar 2009 - Mar 2024
Exports: Europe: EU-28: Slovenia (EUR th) 3,722.971 Mar 2024 monthly Mar 2009 - Mar 2024
Imports: Miscellaneous Manufactured Goods (EUR th) 47,074.450 Mar 2024 monthly Mar 2009 - Mar 2024
Imports: Manufactured Goods (EUR th) 54,650.234 Mar 2024 monthly Mar 2009 - Mar 2024
Imports: Food & Live Animals (EUR th) 61,191.907 Mar 2024 monthly Mar 2009 - Mar 2024
Imports: Machinery & Transport Equipment (EUR th) 82,576.189 Mar 2024 monthly Mar 2009 - Mar 2024
Imports: Mineral Fuels, Lubricants & Related Materials (EUR th) 25,657.813 Mar 2024 monthly Mar 2009 - Mar 2024
Imports: Europe: CEFTA: Serbia (EUR th) 55,688.437 Mar 2024 monthly Mar 2009 - Mar 2024
Imports: Europe: EU-28: Greece (EUR th) 15,422.677 Mar 2024 monthly Mar 2009 - Mar 2024
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 21.9 Mar 2024 quarterly Mar 2005 - Mar 2024
Current Account Balance (USD mn) -278.9 Mar 2023 quarterly Mar 2004 - Mar 2023
Current Account Balance: % of GDP (%) -24.6 Dec 2023 quarterly Mar 2010 - Dec 2023
Foreign Direct Investment (USD mn) 149.5 Mar 2024 quarterly Mar 2005 - Mar 2024
Foreign Direct Investment: % of GDP (%) 8.0 Dec 2023 quarterly Mar 2010 - Dec 2023
Foreign Portfolio Investment (USD mn) 736.682 Mar 2024 quarterly Mar 2005 - Mar 2024
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: 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: Financial Account: Change in Central Bank Reserves (EUR th) -9,057.098 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 Mar 2024 monthly Jan 2002 - Mar 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) 5,699.587 Apr 2024 monthly Jan 2003 - Apr 2024
Total Deposits Growth (%) 2.3 Apr 2024 monthly Jan 2004 - Apr 2024
Domestic Credit (USD mn) 3,303.6 Apr 2024 monthly Jan 2005 - Apr 2024
Domestic Credit Growth (%) -4.6 Apr 2024 monthly Jan 2006 - Apr 2024
Household Debt (USD mn) 1,895.8 Apr 2024 monthly Dec 2004 - Apr 2024
Total Loans (USD mn) 4,667.461 Apr 2024 monthly Jan 2003 - Apr 2024
Total Loans Growth (%) 11.84 Apr 2024 monthly Jan 2004 - Apr 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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