Montenegro Total Trade of Goods & Services: % of Nominal GDP

2010 - 2024 | Quarterly | % | CEIC Data

Key information about Montenegro Total Trade of Goods and Services: % of Nominal GDP

  • Montenegro Total Trade of Goods & Services: % of Nominal GDP recorded 111.092 % in Jun 2024, compared with 117.323 % in the previous quarter.
  • Montenegro Total Trade of Goods & Services: % of Nominal GDP data is updated quarterly, available from Mar 2010 to Jun 2024, with an averaged value of 105.329 %.
  • The data reached an all-time high of 142.582 % in Mar 2023 and a record low of 76.357 % in Sep 2020.

CEIC calculates quarterly Total Trade of Goods and Services as % of Nominal GDP from quarterly Total Trade of Goods and Services and quarterly Nominal GDP. The Statistical Office of Montenegro provides Total Trade of Goods and Services in EUR and Nominal GDP in EUR, both based on ESA 2010.

View Montenegro's Total Trade of Goods & Services: % of Nominal GDP from Mar 2010 to Jun 2024 in the chart:

Montenegro Total Trade of Goods & Services: % of Nominal GDP

What was Montenegro's Total Trade of Goods & Services: % of Nominal GDP in Jun 2024?

Montenegro Total Trade of Goods & Services: % of Nominal GDP recorded 111.092 % in Jun 2024, compared with 117.323 % in the previous quarter. See the table below for more data.

Last Previous Min Max Unit Frequency Range
111.092 Jun 2024 117.323 Mar 2024 76.357 Sep 2020 142.582 Mar 2023 % quarterly Mar 2010 - Jun 2024

Total Trade of Goods & Services: % of Nominal GDP by Country Comparison

country/region Last Frequency Range
Albania (%) 75.855 Jun 2024 quarterly Mar 2008 - Jun 2024
Algeria (%) 46.195 2023 yearly 1950 - 2023
Argentina (%) 27.984 Sep 2024 quarterly Mar 1993 - Sep 2024
Armenia (%) 122.798 Sep 2024 quarterly Dec 1994 - Sep 2024
Australia (%) 46.221 Sep 2024 quarterly Sep 1959 - Sep 2024
Austria (%) 112.450 Sep 2024 quarterly Mar 1964 - Sep 2024
Azerbaijan (%) 79.056 Mar 2024 quarterly Mar 2001 - Mar 2024
Bahrain (%) 166.346 2022 yearly 1975 - 2022
Bangladesh (%) 28.888 2024 yearly 1960 - 2024
Belarus (%) 133.539 Jun 2024 quarterly Mar 1995 - Jun 2024
Belgium (%) 156.631 Jun 2024 quarterly Mar 1980 - Jun 2024
Bolivia (%) 48.213 Jun 2024 quarterly Mar 1990 - Jun 2024
Bosnia and Herzegovina (%) 89.713 Jun 2024 quarterly Mar 2008 - Jun 2024
Botswana (%) 68.508 Jun 2024 quarterly Mar 1994 - Jun 2024
Brazil (%) 37.844 Sep 2024 quarterly Mar 1996 - Sep 2024
Brunei (%) 136.661 Jun 2024 quarterly Mar 2004 - Jun 2024
Bulgaria (%) 109.216 Sep 2024 quarterly Mar 1995 - Sep 2024
Cambodia (%) 145.874 2022 yearly 1988 - 2022
Canada (%) 62.349 Sep 2024 quarterly Mar 1961 - Sep 2024
Chile (%) 65.558 Sep 2024 quarterly Mar 1990 - Sep 2024
China (%) 38.986 Sep 2024 quarterly Mar 1998 - Sep 2024
Colombia (%) 37.049 Sep 2024 quarterly Mar 2005 - Sep 2024
Croatia (%) 110.838 Sep 2024 quarterly Mar 1995 - Sep 2024
Cyprus (%) 180.045 Sep 2024 quarterly Mar 1995 - Sep 2024
Czech Republic (%) 126.625 Sep 2024 quarterly Mar 1995 - Sep 2024
Denmark (%) 130.356 Sep 2024 quarterly Mar 1977 - Sep 2024
Ecuador (%) 57.813 Jun 2024 quarterly Mar 1991 - Jun 2024
Egypt (%) 52.182 Jun 2024 quarterly Sep 2001 - Jun 2024
Estonia (%) 146.856 Sep 2024 quarterly Mar 1995 - Sep 2024
European Union (%) 98.511 Jun 2024 quarterly Mar 1995 - Jun 2024
Finland (%) 82.049 Sep 2024 quarterly Mar 1970 - Sep 2024
France (%) 67.009 Sep 2024 quarterly Mar 1975 - Sep 2024
Georgia (%) 104.752 Jun 2024 quarterly Mar 1996 - Jun 2024
Germany (%) 81.411 Jun 2024 quarterly Mar 1991 - Jun 2024
Ghana (%) 69.037 2023 yearly 1983 - 2023
Greece (%) 92.149 Sep 2024 quarterly Mar 1995 - Sep 2024
Hong Kong SAR, China (%) 358.634 Sep 2024 quarterly Mar 1973 - Sep 2024
Hungary (%) 142.128 Sep 2024 quarterly Mar 1995 - Sep 2024
Iceland (%) 88.281 Sep 2024 quarterly Mar 1995 - Sep 2024
India (%) 46.293 Sep 2024 quarterly Jun 1996 - Sep 2024
Indonesia (%) 43.294 Sep 2024 quarterly Mar 1993 - Sep 2024
Iran (%) 51.598 2022 yearly 1959 - 2022
Ireland (%) 240.191 Sep 2024 quarterly Mar 1995 - Sep 2024
Israel (%) 54.129 Sep 2024 quarterly Mar 1995 - Sep 2024
Italy (%) 62.600 Sep 2024 quarterly Mar 1980 - Sep 2024
Ivory Coast (%) 47.669 2023 yearly 1960 - 2023
Japan (%) 47.451 Sep 2024 quarterly Mar 1955 - Sep 2024
Jordan (%) 80.489 2021 yearly 1967 - 2021
Kazakhstan (%) 43.521 Dec 2023 quarterly Mar 1994 - Dec 2023
Kenya (%) 32.092 2023 yearly 1964 - 2023
South Korea (%) 85.433 Sep 2024 quarterly Mar 1960 - Sep 2024
Kosovo (%) 133.643 Sep 2024 quarterly Mar 2010 - Sep 2024
Kuwait (%) 90.702 2022 yearly 1962 - 2022
Kyrgyzstan (%) 98.747 Sep 2016 quarterly Mar 2000 - Sep 2016
Laos (%) 75.092 2016 yearly 1984 - 2016
Latvia (%) 128.834 Jun 2024 quarterly Mar 1992 - Jun 2024
Lebanon (%) 87.417 2020 yearly 1990 - 2020
Lithuania (%) 133.144 Sep 2024 quarterly Mar 1995 - Sep 2024
Luxembourg (%) 399.556 Sep 2024 quarterly Mar 1995 - Sep 2024
Macau SAR, China (%) 130.716 Sep 2024 quarterly Mar 1998 - Sep 2024
North Macedonia (%) 152.070 Jun 2024 quarterly Mar 2000 - Jun 2024
Malawi (%) 46.122 2019 yearly 1960 - 2019
Malaysia (%) 139.674 Sep 2024 quarterly Mar 1991 - Sep 2024
Malta (%) 228.195 Sep 2024 quarterly Mar 1992 - Sep 2024
Mauritius (%) 106.580 Jun 2024 quarterly Mar 1999 - Jun 2024
Mexico (%) 70.140 Jun 2024 quarterly Mar 1993 - Jun 2024
Moldova (%) 82.450 Sep 2024 quarterly Mar 1995 - Sep 2024
Mongolia (%) 149.099 Sep 2024 quarterly Mar 2005 - Sep 2024
Montenegro (%) 111.092 Jun 2024 quarterly Mar 2010 - Jun 2024
Morocco (%) 97.106 Jun 2024 quarterly Mar 2007 - Jun 2024
Mozambique (%) 105.628 2023 yearly 1991 - 2022
Myanmar (%) 49.145 2019 yearly 2019 - 2019
Nepal (%) 41.638 2024 yearly 1969 - 2024
Netherlands (%) 159.175 Sep 2024 quarterly Mar 1987 - Sep 2024
New Zealand (%) 51.590 Jun 2024 quarterly Jun 1987 - Jun 2024
Nigeria (%) 39.325 Dec 2023 quarterly Mar 2010 - Dec 2023
Norway (%) 82.034 Sep 2024 quarterly Mar 1978 - Sep 2024
Oman (%) 95.667 2021 yearly 1980 - 2021
Pakistan (%) 26.922 2024 yearly 2000 - 2024
Palestinian Territory (%) 85.959 Jun 2024 quarterly Mar 2011 - Jun 2024
Panama (%) 89.533 2023 yearly 1960 - 2023
Paraguay (%) 82.292 Jun 2024 quarterly Mar 1994 - Jun 2024
Peru (%) 53.495 Sep 2024 quarterly Mar 1980 - Sep 2024
Philippines (%) 73.650 Sep 2024 quarterly Mar 1981 - Sep 2024
Poland (%) 103.888 Jun 2024 quarterly Mar 2002 - Jun 2024
Portugal (%) 94.073 Sep 2024 quarterly Mar 1977 - Sep 2024
Qatar (%) 92.001 Sep 2023 quarterly Mar 2013 - Sep 2023
Romania (%) 72.097 Sep 2024 quarterly Mar 1995 - Sep 2024
Russia (%) 40.094 Jun 2024 quarterly Mar 1995 - Jun 2024
Saudi Arabia (%) 60.972 Jun 2024 quarterly Mar 2003 - Jun 2024
Serbia (%) 113.106 Sep 2024 quarterly Mar 1995 - Sep 2024
Singapore (%) 311.143 Sep 2024 quarterly Mar 1975 - Sep 2024
Slovakia (%) 174.223 Jun 2024 quarterly Mar 1990 - Jun 2024
Slovenia (%) 154.951 Sep 2024 quarterly Mar 1995 - Sep 2024
South Africa (%) 62.120 Sep 2024 quarterly Mar 1960 - Sep 2024
Spain (%) 70.718 Jun 2024 quarterly Mar 1980 - Jun 2024
Sri Lanka (%) 42.093 Jun 2024 quarterly Mar 2010 - Jun 2024
Sudan (%) 41.299 2019 yearly 1996 - 2019
Sweden (%) 104.962 Sep 2024 quarterly Mar 1980 - Sep 2024
Switzerland (%) 126.111 Sep 2024 quarterly Mar 1980 - Sep 2024

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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) -14.329 Oct 2024 monthly Jan 2012 - Oct 2024
Tax Revenue (USD mn) 186.240 Oct 2024 monthly Jan 2012 - Oct 2024
Tax Revenue: % of GDP (%) 28.8 Jun 2024 quarterly Mar 2012 - Jun 2024
National Government Debt (USD mn) 4,906.6 Sep 2024 monthly Dec 2010 - Sep 2024
Government Debt: % of GDP (%) 62.1 Jun 2024 quarterly Dec 2010 - Jun 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 Revenue: Cons: Taxes: Excises (EUR) 33,032,024.920 Oct 2024 monthly Jan 2012 - Oct 2024
General Govt Revenue: Cons: Taxes: Value Added Tax (EUR) 118,929,652.580 Oct 2024 monthly Jan 2012 - Oct 2024
General Government Revenue: Consolidated (EUR) 241,106,088.710 Oct 2024 monthly Jan 2012 - Oct 2024
General Govt Revenue: Cons: Taxes (EUR) 170,940,704.730 Oct 2024 monthly Jan 2012 - Oct 2024
General Govt Expenditure: Cons: ow Current (EUR) 226,361,654.110 Oct 2024 monthly Jan 2012 - Oct 2024
General Govt Balance: Consolidated: Deficit or Surplus (EUR) -13,151,528.720 Oct 2024 monthly Jan 2012 - Oct 2024
General Govt Expenditure: Consolidated (EUR) 254,257,617.430 Oct 2024 monthly Jan 2012 - Oct 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 1.534 2028 yearly 2003 - 2028
Trade Balance (USD mn) -335.0 Oct 2024 monthly Jan 2005 - Oct 2024
Total Exports (USD mn) 50.9 Oct 2024 monthly Jan 2005 - Oct 2024
Total Exports Growth (%) -2.2 Oct 2024 monthly Jan 2006 - Oct 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) 385.8 Oct 2024 monthly Jan 2005 - Oct 2024
Total Imports Growth (%) 7.0 Oct 2024 monthly Jan 2006 - Oct 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) 0.554 Oct 2024 monthly Jan 2010 - Oct 2024
Total Imports from USA (USD mn) 3.324 Oct 2024 monthly Jan 2006 - Oct 2024
Total Exports to China (USD mn) 0.157 Oct 2024 monthly Jan 2010 - Oct 2024
Total Imports from China (USD mn) 46.534 Oct 2024 monthly Jan 2006 - Oct 2024
Exports (EUR th) 46,683.107 Oct 2024 monthly Jan 2005 - Oct 2024
Exports: Machinery & Transport Equipment (EUR th) 6,893.886 Oct 2024 monthly Mar 2009 - Oct 2024
Exports: Mineral Fuels, Lubricants & Related Materials (EUR th) 10,829.316 Oct 2024 monthly Mar 2009 - Oct 2024
Exports: Manufactured Goods (EUR th) 2,667.216 Oct 2024 monthly Mar 2009 - Oct 2024
Exports: Food & Live Animals (EUR th) 6,640.508 Oct 2024 monthly Mar 2009 - Oct 2024
Exports: Crude Materials: excl Fuels (EUR th) 7,736.733 Oct 2024 monthly Mar 2009 - Oct 2024
Exports: Europe: CEFTA: Serbia (EUR th) 14,378.957 Oct 2024 monthly Mar 2009 - Oct 2024
Exports: Europe: EU-28: Slovenia (EUR th) 2,763.664 Oct 2024 monthly Mar 2009 - Oct 2024
Imports: Manufactured Goods (EUR th) 58,882.201 Oct 2024 monthly Mar 2009 - Oct 2024
Imports: Miscellaneous Manufactured Goods (EUR th) 54,347.728 Oct 2024 monthly Mar 2009 - Oct 2024
Imports: Food & Live Animals (EUR th) 66,029.012 Oct 2024 monthly Mar 2009 - Oct 2024
Imports (EUR th) 354,145.127 Oct 2024 monthly Jan 2005 - Oct 2024
Imports: Machinery & Transport Equipment (EUR th) 87,414.130 Oct 2024 monthly Mar 2009 - Oct 2024
Imports: Mineral Fuels, Lubricants & Related Materials (EUR th) 35,899.363 Oct 2024 monthly Mar 2009 - Oct 2024
Imports: Europe: CEFTA: Serbia (EUR th) 65,579.213 Oct 2024 monthly Mar 2009 - Oct 2024
Imports: Europe: EU-28: Greece (EUR th) 18,521.094 Oct 2024 monthly Mar 2009 - Oct 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 (%) -0.5 Jun 2024 quarterly Mar 2010 - Jun 2024
Foreign Portfolio Investment: Equity Securities (USD mn) 105.1 Jun 2024 quarterly Mar 2007 - Jun 2024
Foreign Portfolio Investment: Debt Securities (USD mn) 49.891 Jun 2024 quarterly Mar 2007 - Jun 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: 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
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
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 (%) 25.2 Jun 2024 quarterly Dec 2010 - Jun 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 Oct 2024 monthly Jan 2002 - Oct 2024
Foreign Exchange Reserves (USD mn) 1,719.4 Sep 2024 monthly Dec 2002 - Sep 2024
Foreign Exchange Reserves: % of GDP (%) 20.266 Jun 2024 quarterly Dec 2010 - Jun 2024
Foreign Exchange Reserves: Months of Import (NA) 4.2 Oct 2024 monthly Jan 2005 - Oct 2024
Gold Reserves (USD mn) 0.000 Sep 2024 monthly Dec 2002 - Sep 2024
Total Deposits (USD mn) 6,169.383 Oct 2024 monthly Jan 2003 - Oct 2024
Total Deposits Growth (%) 2.7 Oct 2024 monthly Jan 2004 - Oct 2024
Domestic Credit (USD mn) 3,621.7 Oct 2024 monthly Jan 2005 - Oct 2024
Domestic Credit Growth (%) 1.3 Oct 2024 monthly Jan 2006 - Oct 2024
Household Debt (USD mn) 2,079.1 Oct 2024 monthly Dec 2004 - Oct 2024
Total Loans (USD mn) 5,075.771 Oct 2024 monthly Jan 2003 - Oct 2024
Total Loans Growth (%) 14.90 Oct 2024 monthly Jan 2004 - Oct 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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