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 106.772 % in Dec 2024, compared with 115.171 % in the previous quarter.
  • Montenegro Total Trade of Goods & Services: % of Nominal GDP data is updated quarterly, available from Mar 2010 to Dec 2024, with an averaged value of 105.583 %.
  • 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 Dec 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 Dec 2024?

Montenegro Total Trade of Goods & Services: % of Nominal GDP recorded 106.772 % in Dec 2024, compared with 115.171 % in the previous quarter. See the table below for more data.

Last Previous Min Max Unit Frequency Range
106.772 Dec 2024 115.171 Sep 2024 76.357 Sep 2020 142.582 Mar 2023 % quarterly Mar 2010 - Dec 2024

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

country/region Last Frequency Range
Albania (%) 92.104 Sep 2024 quarterly Mar 2008 - Sep 2024
Algeria (%) 46.195 2023 yearly 1950 - 2023
Argentina (%) 27.984 Sep 2024 quarterly Mar 1993 - Sep 2024
Armenia (%) 119.409 Dec 2024 quarterly Dec 1994 - Dec 2024
Australia (%) 45.490 Dec 2024 quarterly Sep 1959 - Dec 2024
Austria (%) 105.766 Dec 2024 quarterly Mar 1964 - Dec 2024
Azerbaijan (%) 84.153 Sep 2024 quarterly Mar 2001 - Sep 2024
Bahrain (%) 157.448 2023 yearly 1975 - 2023
Bangladesh (%) 26.778 2024 yearly 1960 - 2024
Belarus (%) 123.719 Sep 2024 quarterly Mar 1995 - Sep 2024
Belgium (%) 148.555 Dec 2024 quarterly Mar 1980 - Dec 2024
Bolivia (%) 52.742 Sep 2024 quarterly Mar 1990 - Sep 2024
Bosnia and Herzegovina (%) 93.919 Sep 2024 quarterly Mar 2008 - Sep 2024
Botswana (%) 61.138 Sep 2024 quarterly Mar 1994 - Sep 2024
Brazil (%) 35.968 Dec 2024 quarterly Mar 1996 - Dec 2024
Brunei (%) 120.680 Dec 2024 quarterly Mar 2004 - Dec 2024
Bulgaria (%) 96.694 Dec 2024 quarterly Mar 1995 - Dec 2024
Cambodia (%) 145.874 2022 yearly 1988 - 2022
Canada (%) 64.366 Dec 2024 quarterly Mar 1961 - Dec 2024
Chile (%) 65.558 Sep 2024 quarterly Mar 1990 - Sep 2024
China (%) 38.987 Sep 2024 quarterly Mar 1998 - Sep 2024
Colombia (%) 38.739 Dec 2024 quarterly Mar 2005 - Dec 2024
Croatia (%) 98.691 Dec 2024 quarterly Mar 1995 - Dec 2024
Cyprus (%) 216.747 Dec 2024 quarterly Mar 1995 - Dec 2024
Czech Republic (%) 132.234 Dec 2024 quarterly Mar 1995 - Dec 2024
Denmark (%) 127.313 Dec 2024 quarterly Mar 1977 - Dec 2024
Ecuador (%) 58.326 Sep 2024 quarterly Mar 1991 - Sep 2024
Egypt (%) 47.197 Sep 2024 quarterly Sep 2001 - Sep 2024
Estonia (%) 148.998 Dec 2024 quarterly Mar 1995 - Dec 2024
European Union (%) 94.646 Dec 2024 quarterly Mar 1995 - Dec 2024
Finland (%) 81.979 Dec 2024 quarterly Mar 1970 - Dec 2024
France (%) 65.787 Dec 2024 quarterly Mar 1975 - Dec 2024
Georgia (%) 109.812 Sep 2024 quarterly Mar 1996 - Sep 2024
Germany (%) 79.391 Dec 2024 quarterly Mar 1991 - Dec 2024
Ghana (%) 69.353 2024 yearly 2006 - 2024
Greece (%) 82.741 Dec 2024 quarterly Mar 1995 - Dec 2024
Hong Kong SAR, China (%) 362.468 Dec 2024 quarterly Mar 1973 - Dec 2024
Hungary (%) 133.541 Dec 2024 quarterly Mar 1995 - Dec 2024
Iceland (%) 86.148 Dec 2024 quarterly Mar 1995 - Dec 2024
India (%) 44.984 Dec 2024 quarterly Jun 1996 - Dec 2024
Indonesia (%) 44.639 Dec 2024 quarterly Mar 1993 - Dec 2024
Iran (%) 51.598 2022 yearly 1959 - 2022
Ireland (%) 256.404 Dec 2024 quarterly Mar 1995 - Dec 2024
Israel (%) 54.629 Dec 2024 quarterly Mar 1995 - Dec 2024
Italy (%) 60.339 Dec 2024 quarterly Mar 1980 - Dec 2024
Ivory Coast (%) 47.669 2023 yearly 1960 - 2023
Japan (%) 45.393 Dec 2024 quarterly Mar 1955 - Dec 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 (%) 85.733 Dec 2024 quarterly Mar 1960 - Dec 2024
Kosovo (%) 133.643 Sep 2024 quarterly Mar 2010 - Sep 2024
Kuwait (%) 90.919 2022 yearly 1962 - 2022
Kyrgyzstan (%) 98.747 Sep 2016 quarterly Mar 2000 - Sep 2016
Laos (%) 75.092 2016 yearly 1984 - 2016
Latvia (%) 124.724 Dec 2024 quarterly Mar 1992 - Dec 2024
Lebanon (%) 87.417 2020 yearly 1990 - 2020
Lithuania (%) 132.771 Dec 2024 quarterly Mar 1995 - Dec 2024
Luxembourg (%) 399.556 Sep 2024 quarterly Mar 1995 - Sep 2024
Macau SAR, China (%) 133.441 Dec 2024 quarterly Mar 1998 - Dec 2024
North Macedonia (%) 130.510 Dec 2024 quarterly Mar 2000 - Dec 2024
Malawi (%) 46.122 2019 yearly 1960 - 2019
Malaysia (%) 135.631 Dec 2024 quarterly Mar 1991 - Dec 2024
Malta (%) 237.255 Dec 2024 quarterly Mar 1992 - Dec 2024
Mauritius (%) 102.861 Sep 2024 quarterly Mar 1999 - Sep 2024
Mexico (%) 77.152 Sep 2024 quarterly Mar 1993 - Sep 2024
Moldova (%) 89.263 Dec 2024 quarterly Mar 1995 - Dec 2024
Mongolia (%) 129.917 Dec 2024 quarterly Mar 2005 - Dec 2024
Montenegro (%) 106.772 Dec 2024 quarterly Mar 2010 - Dec 2024
Morocco (%) 95.013 Sep 2024 quarterly Mar 2007 - Sep 2024
Mozambique (%) 105.628 2023 yearly 1991 - 2022
Myanmar (%) 49.145 2019 yearly 2019 - 2019
Nepal (%) 41.638 2024 yearly 1969 - 2024
Netherlands (%) 154.465 Dec 2024 quarterly Mar 1987 - Dec 2024
New Zealand (%) 50.085 Sep 2024 quarterly Jun 1987 - Sep 2024
Nigeria (%) 63.899 Jun 2024 quarterly Mar 2010 - Jun 2024
Norway (%) 81.306 Dec 2024 quarterly Mar 1978 - Dec 2024
Oman (%) 105.916 2023 yearly 1980 - 2023
Pakistan (%) 27.478 2024 yearly 2000 - 2024
Palestinian Territory (%) 87.303 Sep 2024 quarterly Mar 2011 - Sep 2024
Panama (%) 89.533 2023 yearly 1960 - 2023
Paraguay (%) 83.160 Sep 2024 quarterly Mar 1994 - Sep 2024
Peru (%) 52.472 Dec 2024 quarterly Mar 1980 - Dec 2024
Philippines (%) 57.212 Dec 2024 quarterly Mar 1981 - Dec 2024
Poland (%) 94.138 Dec 2024 quarterly Mar 2002 - Dec 2024
Portugal (%) 87.802 Dec 2024 quarterly Mar 1977 - Dec 2024
Qatar (%) 100.333 Dec 2023 quarterly Mar 2013 - Dec 2023
Romania (%) 67.454 Dec 2024 quarterly Mar 1995 - Dec 2024
Russia (%) 39.834 Sep 2024 quarterly Mar 1995 - Sep 2024
Saudi Arabia (%) 62.755 Dec 2024 quarterly Mar 2003 - Dec 2024
Serbia (%) 106.888 Dec 2024 quarterly Mar 1995 - Dec 2024
Singapore (%) 326.104 Dec 2024 quarterly Mar 1975 - Dec 2024
Slovakia (%) 175.964 Dec 2024 quarterly Mar 1990 - Dec 2024
Slovenia (%) 153.522 Dec 2024 quarterly Mar 1995 - Dec 2024
South Africa (%) 62.120 Sep 2024 quarterly Mar 1960 - Sep 2024
Spain (%) 70.680 Jun 2024 quarterly Mar 1980 - Jun 2024
Sri Lanka (%) 44.832 Sep 2024 quarterly Mar 2010 - Sep 2024
Sudan (%) 41.636 2019 yearly 1996 - 2019
Sweden (%) 103.615 Dec 2024 quarterly Mar 1980 - Dec 2024
Switzerland (%) 137.287 Dec 2024 quarterly Mar 1980 - Dec 2024

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Montenegro Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -2.9 Dec 2024 quarterly Dec 2012 - Dec 2024
Consolidated Fiscal Balance (USD mn) 2.142 Jan 2025 monthly Jan 2012 - Jan 2025
Tax Revenue (USD mn) 137.427 Jan 2025 monthly Jan 2012 - Jan 2025
Tax Revenue: % of GDP (%) 24.9 Dec 2024 quarterly Mar 2012 - Dec 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) 156,245,213.220 Jan 2025 monthly Jan 2012 - Jan 2025
General Govt Revenue: Cons: Taxes: Value Added Tax (EUR) 96,606,704.820 Jan 2025 monthly Jan 2012 - Jan 2025
General Govt Expenditure: Consolidated (EUR) 154,176,756.440 Jan 2025 monthly Jan 2012 - Jan 2025
General Govt Revenue: Cons: Taxes: Excises (EUR) 23,651,764.850 Jan 2025 monthly Jan 2012 - Jan 2025
General Govt Balance: Consolidated: Deficit or Surplus (EUR) 2,068,456.780 Jan 2025 monthly Jan 2012 - Jan 2025
General Govt Revenue: Cons: Taxes (EUR) 132,702,629.510 Jan 2025 monthly Jan 2012 - Jan 2025
General Govt Expenditure: Cons: ow Current (EUR) 154,050,948.920 Jan 2025 monthly Jan 2012 - Jan 2025
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 1.534 2028 yearly 2003 - 2028
Trade Balance (USD mn) -202.9 Jan 2025 monthly Jan 2005 - Jan 2025
Total Exports (USD mn) 44.8 Jan 2025 monthly Jan 2005 - Jan 2025
Total Exports Growth (%) -6.4 Jan 2025 monthly Jan 2006 - Jan 2025
Aluminum: Exports (USD th) 77,568.321 2023 yearly 2008 - 2023
Exports: Medicament (USD th) 44,798.671 2023 yearly 2008 - 2023
Exports: Medicinal and Pharmaceutical Product (USD th) 633.030 2023 yearly 2008 - 2023
Total Imports (USD mn) 247.7 Jan 2025 monthly Jan 2005 - Jan 2025
Total Imports Growth (%) 4.5 Jan 2025 monthly Jan 2006 - Jan 2025
Imports: Medicament (USD th) 145,430.350 2023 yearly 2008 - 2023
Imports: Medicinal and Pharmaceutical Product (USD th) 61,662.231 2023 yearly 2008 - 2023
Total Exports to USA (USD mn) 0.326 Jan 2025 monthly Jan 2010 - Jan 2025
Total Imports from USA (USD mn) 2.017 Jan 2025 monthly Jan 2006 - Jan 2025
Total Exports to China (USD mn) 3.566 Jan 2025 monthly Jan 2010 - Jan 2025
Total Imports from China (USD mn) 34.395 Jan 2025 monthly Jan 2006 - Jan 2025
Exports (EUR th) 43,261.759 Jan 2025 monthly Jan 2005 - Jan 2025
Imports (EUR th) 239,198.143 Jan 2025 monthly Jan 2005 - Jan 2025
Exports: Machinery & Transport Equipment (EUR th) 4,114.756 Jan 2025 monthly Mar 2009 - Jan 2025
Exports: Mineral Fuels, Lubricants & Related Materials (EUR th) 17,843.445 Jan 2025 monthly Mar 2009 - Jan 2025
Exports: Crude Materials: excl Fuels (EUR th) 8,770.757 Jan 2025 monthly Mar 2009 - Jan 2025
Exports: Manufactured Goods (EUR th) 2,535.662 Jan 2025 monthly Mar 2009 - Jan 2025
Exports: Food & Live Animals (EUR th) 3,441.716 Jan 2025 monthly Mar 2009 - Jan 2025
Exports: Europe: EU-28: Slovenia (EUR th) 2,689.830 Jan 2025 monthly Mar 2009 - Jan 2025
Exports: Europe: CEFTA: Serbia (EUR th) 9,140.412 Jan 2025 monthly Mar 2009 - Jan 2025
Imports: Manufactured Goods (EUR th) 33,949.824 Jan 2025 monthly Mar 2009 - Jan 2025
Imports: Food & Live Animals (EUR th) 45,073.913 Jan 2025 monthly Mar 2009 - Jan 2025
Imports: Miscellaneous Manufactured Goods (EUR th) 31,422.492 Jan 2025 monthly Mar 2009 - Jan 2025
Imports: Machinery & Transport Equipment (EUR th) 59,371.661 Jan 2025 monthly Mar 2009 - Jan 2025
Imports: Mineral Fuels, Lubricants & Related Materials (EUR th) 25,395.451 Jan 2025 monthly Mar 2009 - Jan 2025
Imports: Europe: CEFTA: Serbia (EUR th) 39,313.863 Jan 2025 monthly Mar 2009 - Jan 2025
Imports: Europe: EU-28: Greece (EUR th) 15,355.588 Jan 2025 monthly Mar 2009 - Jan 2025
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 12.7 Dec 2024 quarterly Mar 2005 - Dec 2024
Current Account Balance (USD mn) -278.9 Mar 2023 quarterly Mar 2004 - Mar 2023
Current Account Balance: % of GDP (%) -27.0 Dec 2024 quarterly Mar 2010 - Dec 2024
Foreign Direct Investment (USD mn) 138.0 Dec 2024 quarterly Mar 2005 - Dec 2024
Foreign Direct Investment: % of GDP (%) 6.8 Dec 2024 quarterly Mar 2010 - Dec 2024
Foreign Portfolio Investment (USD mn) -35.868 Dec 2024 quarterly Mar 2005 - Dec 2024
Foreign Portfolio Investment: % of GDP (%) -1.8 Dec 2024 quarterly Mar 2010 - Dec 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
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) 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 (%) 26.4 Dec 2024 quarterly Dec 2010 - Dec 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 Feb 2025 monthly Jan 2002 - Feb 2025
Foreign Exchange Reserves (USD mn) 1,395.0 Jan 2025 monthly Dec 2002 - Jan 2025
Foreign Exchange Reserves: % of GDP (%) 20.204 Dec 2024 quarterly Dec 2010 - Dec 2024
Foreign Exchange Reserves: Months of Import (NA) 5.6 Jan 2025 monthly Jan 2005 - Jan 2025
Gold Reserves (USD mn) 0.000 Jan 2025 monthly Dec 2002 - Jan 2025
Total Deposits (USD mn) 5,942.815 Jan 2025 monthly Jan 2003 - Jan 2025
Total Deposits Growth (%) 5.9 Jan 2025 monthly Jan 2004 - Jan 2025
Domestic Credit (USD mn) 3,817.3 Jan 2025 monthly Jan 2005 - Jan 2025
Domestic Credit Growth (%) 4.2 Jan 2025 monthly Jan 2006 - Jan 2025
Household Debt (USD mn) 2,075.8 Jan 2025 monthly Dec 2004 - Jan 2025
Total Loans (USD mn) 4,915.298 Jan 2025 monthly Jan 2003 - Jan 2025
Total Loans Growth (%) 13.28 Jan 2025 monthly Jan 2004 - Jan 2025
Private Debt: % of Nominal GDP (%) 46.08 Dec 2024 quarterly Dec 2010 - Dec 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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