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

country/region Last Frequency Range
Albania (%) 9.4 Sep 2022 quarterly Mar 2008 - Sep 2022
Algeria (%) 16.9 2023 yearly 1950 - 2023
Argentina (%) 14.1 Sep 2024 quarterly Mar 1993 - Sep 2024
Armenia (%) 11.3 Sep 2024 quarterly Dec 1994 - Sep 2024
Australia (%) 20.4 Dec 2022 quarterly Sep 1959 - Dec 2022
Austria (%) 21.8 Sep 2024 quarterly Mar 1988 - Sep 2024
Azerbaijan (%) 12.9 Sep 2024 quarterly Mar 2001 - Sep 2024
Bahrain (%) 14.6 2023 yearly 1975 - 2023
Bangladesh (%) 5.6 2024 yearly 1973 - 2024
Belarus (%) 16.3 Sep 2024 quarterly Mar 1994 - Sep 2024
Belgium (%) 24.4 Jun 2024 quarterly Mar 1980 - Jun 2024
Bolivia (%) 20.4 Jun 2024 quarterly Mar 1990 - Jun 2024
Bosnia and Herzegovina (%) 17.1 Sep 2024 quarterly Mar 2008 - Sep 2024
Botswana (%) 33.6 Sep 2024 quarterly Mar 2006 - Sep 2024
Brazil (%) 17.9 Sep 2024 quarterly Mar 1996 - Sep 2024
Brunei (%) 17.6 Sep 2022 quarterly Mar 2004 - Sep 2022
Bulgaria (%) 20.8 Dec 2022 quarterly Mar 1995 - Dec 2022
Cambodia (%) 5.9 2022 yearly 1993 - 2022
Canada (%) 20.6 Sep 2024 quarterly Mar 1961 - Sep 2024
Chile (%) 14.9 Sep 2024 quarterly Mar 1996 - Sep 2024
China (%) 16.5 2023 yearly 1952 - 2023
Colombia (%) 13.5 Sep 2024 quarterly Mar 2005 - Sep 2024
Croatia (%) 19.3 Sep 2024 quarterly Mar 1995 - Sep 2024
Cyprus (%) 17.6 Sep 2024 quarterly Mar 1995 - Sep 2024
Czech Republic (%) 22.6 Dec 2022 quarterly Mar 1995 - Dec 2022
Denmark (%) 22.3 Sep 2024 quarterly Mar 1990 - Sep 2024
Ecuador (%) 13.7 Jun 2024 quarterly Mar 1991 - Jun 2024
Egypt (%) 4.9 Sep 2024 quarterly Sep 2001 - Sep 2024
Estonia (%) 19.5 Sep 2024 quarterly Mar 1993 - Sep 2024
European Union (%) 20.8 Sep 2024 quarterly Mar 1995 - Sep 2024
Finland (%) 23.8 Dec 2022 quarterly Mar 1975 - Dec 2022
France (%) 24.4 Sep 2024 quarterly Mar 1980 - Sep 2024
Georgia (%) 12.0 Sep 2024 quarterly Mar 1996 - Sep 2024
Germany (%) 21.8 Jun 2024 quarterly Mar 1991 - Jun 2024
Ghana (%) 5.9 2023 yearly 2006 - 2023
Greece (%) 16.2 Sep 2024 quarterly Mar 1995 - Sep 2024
Hong Kong SAR, China (%) 13.7 Dec 2022 quarterly Mar 1973 - Dec 2022
Hungary (%) 19.9 Sep 2024 quarterly Mar 1995 - Sep 2024
Iceland (%) 25.8 Jun 2024 quarterly Mar 1995 - Jun 2024
India (%) 10.1 Sep 2024 quarterly Jun 1996 - Sep 2024
Indonesia (%) 9.9 Dec 2022 quarterly Mar 1993 - Dec 2022
Iran (%) 16.4 Mar 2024 quarterly Jun 1988 - Mar 2024
Ireland (%) 10.1 Sep 2024 quarterly Mar 1995 - Sep 2024
Israel (%) 24.1 Sep 2024 quarterly Mar 1995 - Sep 2024
Italy (%) 16.5 Sep 2024 quarterly Mar 1980 - Sep 2024
Ivory Coast (%) 10.3 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 (%) 11.9 2023 yearly 1960 - 2023
South Korea (%) 16.6 Sep 2024 quarterly Mar 1960 - Sep 2024
Kosovo (%) 13.0 Dec 2022 quarterly Mar 2010 - Dec 2022
Kuwait (%) 20.7 2022 yearly 1962 - 2022
Kyrgyzstan (%) 17.9 Dec 2022 quarterly Mar 2000 - Dec 2022
Laos (%) 14.0 2016 yearly 2000 - 2016
Latvia (%) 19.9 Sep 2024 quarterly Mar 1992 - Sep 2024
Lebanon (%) 6.8 2021 yearly 1990 - 2021
Lithuania (%) 15.6 Sep 2024 quarterly Mar 1993 - Sep 2024
Luxembourg (%) 19.2 Sep 2024 quarterly Mar 1995 - Sep 2024
Macau SAR, China (%) 11.3 Sep 2024 quarterly Mar 1998 - Sep 2024
North Macedonia (%) 16.0 Sep 2024 quarterly Mar 2000 - Sep 2024
Malawi (%) 13.9 2019 yearly 1960 - 2019
Malaysia (%) 11.4 Sep 2024 quarterly Mar 1991 - Sep 2024
Malta (%) 16.1 Sep 2024 quarterly Mar 1992 - Sep 2024
Mauritius (%) 14.3 Sep 2024 quarterly Mar 1999 - Sep 2024
Mexico (%) 11.1 Sep 2024 quarterly Mar 1993 - Sep 2024
Moldova (%) 13.9 Sep 2024 quarterly Mar 1995 - Sep 2024
Mongolia (%) 20.1 Dec 2022 quarterly Mar 2010 - Dec 2022
Montenegro (%) 13.8 Sep 2022 quarterly Mar 2010 - Sep 2022
Morocco (%) 19.1 Jun 2024 quarterly Mar 2007 - Jun 2024
Mozambique (%) 17.2 2023 yearly 1963 - 2022
Nepal (%) 6.3 2024 yearly 1975 - 2024
Netherlands (%) 24.3 Mar 2023 quarterly Mar 1977 - Mar 2023
New Zealand (%) 22.1 Sep 2024 quarterly Jun 1987 - Sep 2024
Nigeria (%) 4.3 2023 yearly 1981 - 2023
Norway (%) 23.7 Sep 2024 quarterly Mar 1978 - Sep 2024
Oman (%) 18.5 2023 yearly 1980 - 2023
Pakistan (%) 8.5 2024 yearly 1960 - 2024
Palestinian Territory (%) 21.7 Sep 2024 quarterly Mar 2011 - Sep 2024
Panama (%) 13.7 2021 yearly 1996 - 2021
Paraguay (%) 13.0 Sep 2024 quarterly Mar 1994 - Sep 2024
Peru (%) 12.9 Sep 2024 quarterly Mar 1980 - Sep 2024
Philippines (%) 13.8 Dec 2022 quarterly Mar 1981 - Dec 2022
Poland (%) 20.4 Jun 2024 quarterly Mar 1995 - Jun 2024
Portugal (%) 20.4 Dec 2022 quarterly Mar 1995 - Dec 2022
Qatar (%) 13.1 Dec 2022 quarterly Mar 2013 - Dec 2022
Romania (%) 15.2 Sep 2024 quarterly Mar 1995 - Sep 2024
Russia (%) 17.5 Dec 2022 quarterly Mar 1993 - Dec 2022
Saudi Arabia (%) 23.9 Sep 2024 quarterly Mar 2003 - Sep 2024
Serbia (%) 17.3 Sep 2024 quarterly Mar 1995 - Sep 2024
Singapore (%) 10.2 2023 yearly 1960 - 2023
Slovakia (%) 24.6 Dec 2022 quarterly Mar 1990 - Dec 2022
Slovenia (%) 19.9 Sep 2024 quarterly Mar 1995 - Sep 2024
South Africa (%) 19.3 Sep 2024 quarterly Mar 1960 - Sep 2024
Spain (%) 19.2 Mar 2023 quarterly Mar 1980 - Mar 2023
Sri Lanka (%) 5.9 Mar 2023 quarterly Mar 2010 - Mar 2023
Sudan (%) 16.2 2023 yearly 1960 - 2023
Sweden (%) 25.8 Dec 2022 quarterly Mar 1980 - Dec 2022
Switzerland (%) 11.7 Sep 2024 quarterly Mar 1980 - Sep 2024
Syria (%) 2.7 2022 yearly 1963 - 2022

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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 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
General Govt Revenue: Cons: Taxes (EUR) 130,980,738.960 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 Expenditure: Cons: ow Current (EUR) 231,723,377.880 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: Machinery & Transport Equipment (EUR th) 5,705.039 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: Food & Live Animals (EUR th) 6,106.992 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: Miscellaneous Manufactured Goods (EUR th) 39,273.327 Nov 2024 monthly Mar 2009 - Nov 2024
Imports: Machinery & Transport Equipment (EUR th) 73,903.676 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: Food & Live Animals (EUR th) 64,571.850 Nov 2024 monthly Mar 2009 - Nov 2024
Imports: Europe: EU-28: Greece (EUR th) 16,468.635 Nov 2024 monthly Mar 2009 - Nov 2024
Imports: Europe: CEFTA: Serbia (EUR th) 51,888.117 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: 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
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: 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
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: Non Performing Loans (EUR th) 200,600.000 Apr 2018 monthly Dec 2010 - Apr 2018
Bank Loans: Residents: Households (EUR th) 1,188,990.000 Jun 2018 monthly Jan 2009 - Jun 2018
ME: Bank Non-Performing Loans to Total Gross Loans (%) 7.426 2018 yearly 2013 - 2018

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