Montenegro Tourism Revenue Growth

2008 - 2020 | Yearly | % | CEIC Data

Key information about Montenegro Tourism Revenue Growth

  • Montenegro Tourism Revenue dropped 85.9 % YoY in Dec 2020, compared with an increase of 4.2 % YoY in the previous year
  • Montenegro Tourism Revenue Growth rate data is updated yearly, available from Dec 2008 to Dec 2020
  • The data reached an all-time high of 30.2 % in Dec 2008 and a record low of -85.9 % in Dec 2020
CEIC calculates annual Tourism Revenue Growth from annual Tourism Revenue. The World Bank provides Tourism Revenue in USD.

View Montenegro's Tourism Revenue Growth from 2008 to 2020 in the chart:

Montenegro Tourism Revenue Growth

What was Montenegro's Tourism Revenue Growth in 2020?

Montenegro Tourism Revenue dropped 85.9 % YoY in Dec 2020, compared with an increase of 4.2 % YoY in the previous year See the table below for more data.

Last Previous Min Max Unit Frequency Range
-85.9 2020 4.2 2019 -85.9 2020 30.2 2008 % yearly 2008 - 2020

Tourism Revenue Growth by Country Comparison

country/region Last Frequency Range
Albania (%) -49.4 2020 yearly 1996 - 2020
Algeria (%) -64.3 2020 yearly 2006 - 2020
Argentina (%) -69.9 2020 yearly 1996 - 2020
Armenia (%) -80.5 2020 yearly 1996 - 2020
Australia (%) 5.9 Sep 2019 quarterly Sep 2006 - Sep 2019
Austria (%) -40.7 2020 yearly 1996 - 2020
Azerbaijan (%) -83.0 2020 yearly 1996 - 2020
Bahrain (%) -81.2 2020 yearly 1996 - 2020
Bangladesh (%) -44.3 2020 yearly 2003 - 2020
Belarus (%) -58.0 2020 yearly 1996 - 2020
Belgium (%) -29.6 2020 yearly 2002 - 2020
Bolivia (%) -75.1 2020 yearly 1996 - 2020
Bosnia and Herzegovina (%) -64.2 2020 yearly 1999 - 2020
Botswana (%) -69.5 2020 yearly 1996 - 2020
Brazil (%) -6.4 Sep 2024 monthly Jan 1991 - Sep 2024
Brunei (%) 7.3 2018 yearly 2002 - 2018
Bulgaria (%) -62.9 2020 yearly 1996 - 2020
Cambodia (%) 117.9 2023 yearly 1996 - 2023
Canada (%) 7.7 2018 yearly 1996 - 2018
Chile (%) -68.5 2020 yearly 1996 - 2020
China (%) 3.5 Dec 2018 monthly Jan 1996 - Dec 2018
Colombia (%) -71.1 2020 yearly 1996 - 2020
Croatia (%) 6.6 2018 yearly 2000 - 2018
Cyprus (%) 4.3 Jul 2024 monthly Jan 2002 - Jul 2024
Czech Republic (%) -51.2 2020 yearly 2003 - 2020
Denmark (%) 6.9 2018 yearly 1996 - 2018
Ecuador (%) -69.2 2020 yearly 1996 - 2020
Egypt (%) 5.9 Jun 2024 quarterly Dec 1994 - Jun 2024
Estonia (%) -62.6 2020 yearly 1996 - 2020
European Union (%) 0.1 2019 yearly 2000 - 2019
Finland (%) -70.4 2020 yearly 1996 - 2020
France (%) -49.2 2020 yearly 2000 - 2020
Georgia (%) -83.5 2020 yearly 1998 - 2020
Germany (%) 14.2 2023 yearly 1972 - 2023
Ghana (%) -87.2 2020 yearly 1996 - 2020
Greece (%) -5.6 Aug 2024 monthly Nov 2012 - Aug 2024
Hong Kong SAR, China (%) -22.7 2019 yearly 1999 - 2019
Hungary (%) -58.7 2020 yearly 1996 - 2020
Iceland (%) 3.9 2008 yearly 1996 - 2008
India (%) 4.5 Jul 2024 monthly Jan 2002 - Jul 2024
Indonesia (%) -80.8 2020 yearly 2003 - 2020
Iran (%) 15.9 2018 yearly 1996 - 2018
Ireland (%) -1.6 Dec 2019 quarterly Mar 2013 - Dec 2019
Israel (%) -28.2 2023 yearly 1993 - 2023
Italy (%) -60.6 2020 yearly 1996 - 2020
Ivory Coast (%) -63.8 2020 yearly 1996 - 2020
Japan (%) -76.8 2020 yearly 1996 - 2020
Jordan (%) -8.3 Sep 2024 monthly Jan 2001 - Sep 2024
Kazakhstan (%) -79.8 2020 yearly 1996 - 2020
Kenya (%) -1.2 2019 yearly 1996 - 2019
South Korea (%) 16.7 Sep 2024 monthly Jan 1976 - Sep 2024
Kuwait (%) -56.3 2020 yearly 1996 - 2020
Kyrgyzstan (%) -72.5 2020 yearly 1999 - 2020
Laos (%) 261.9 2023 yearly 1992 - 2023
Latvia (%) 11.1 2018 yearly 1996 - 2018
Lebanon (%) -72.8 2020 yearly 1996 - 2020
Lithuania (%) 7.1 2018 yearly 1996 - 2018
Luxembourg (%) -21.1 2020 yearly 2003 - 2020
Macau SAR, China (%) -77.1 2020 yearly 1996 - 2020
North Macedonia (%) -36.9 2020 yearly 1997 - 2020
Malawi (%) -43.5 2020 yearly 1996 - 2020
Malaysia (%) 155.9 2023 yearly 1982 - 2023
Malta (%) 22.1 Aug 2024 monthly Jul 2004 - Aug 2024
Mauritius (%) -23.3 Jun 2024 quarterly Mar 2006 - Jun 2024
Mexico (%) 4.5 Sep 2024 monthly Jan 1981 - Sep 2024
Moldova (%) -32.8 2020 yearly 1996 - 2020
Mongolia (%) -91.9 2020 yearly 1996 - 2020
Montenegro (%) -85.9 2020 yearly 2008 - 2020
Morocco (%) 22.4 Sep 2024 monthly Jan 1998 - Sep 2024
Mozambique (%) -65.1 2020 yearly 2003 - 2020
Myanmar (%) 188.1 2023 yearly 2007 - 2023
Nepal (%) 6.5 2022 yearly 1991 - 2022
Netherlands (%) -53.9 2020 yearly 1996 - 2020
New Zealand (%) 166.7 2023 yearly 1999 - 2023
Nigeria (%) -78.2 2020 yearly 1996 - 2020
Norway (%) -68.8 2020 yearly 1996 - 2020
Oman (%) -78.3 2020 yearly 1999 - 2020
Pakistan (%) -22.9 2020 yearly 1996 - 2020
Palestinian Territory (%) 8.9 2018 yearly 1996 - 2018
Panama (%) -73.9 2020 yearly 1996 - 2020
Paraguay (%) -74.6 2020 yearly 1996 - 2020
Peru (%) 25.2 2023 yearly 1991 - 2023
Philippines (%) -89.4 2021 yearly 1971 - 2021
Poland (%) -46.7 2020 yearly 1996 - 2020
Portugal (%) 7.8 Aug 2024 monthly Jul 2007 - Aug 2024
Qatar (%) -8.5 2020 yearly 2012 - 2020
Romania (%) -62.0 2020 yearly 1996 - 2020
Russia (%) -71.2 2020 yearly 2002 - 2020
Saudi Arabia (%) 55.4 2023 yearly 2005 - 2023
Serbia (%) -28.9 2020 yearly 2003 - 2020
Singapore (%) 5.9 Jun 2024 quarterly Mar 2008 - Jun 2024
Slovakia (%) -61.1 2020 yearly 1996 - 2020
Slovenia (%) -57.7 2020 yearly 1996 - 2020
South Africa (%) 2.9 Aug 2024 monthly Sep 2005 - Aug 2024
Spain (%) 12.2 Aug 2024 monthly Jan 1994 - Aug 2024
Sri Lanka (%) 82.0 2023 yearly 1967 - 2023
Sudan (%) 60.0 2021 yearly 2001 - 2021
Sweden (%) 5.4 2018 yearly 1996 - 2018
Switzerland (%) 20.9 2022 yearly 2002 - 2022
Syria (%) -71.2 2011 yearly 2004 - 2011

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Montenegro Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -1.6 Jun 2024 quarterly Dec 2012 - Jun 2024
Consolidated Fiscal Balance (USD mn) -7.595 Sep 2024 monthly Jan 2012 - Sep 2024
Tax Revenue (USD mn) 206.925 Aug 2024 monthly Jan 2012 - Aug 2024
Tax Revenue: % of GDP (%) 28.8 Jun 2024 quarterly Mar 2012 - Jun 2024
National Government Debt (USD mn) 4,779.0 Oct 2024 monthly Dec 2010 - Oct 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: Value Added Tax (EUR) 126,480,010.050 Aug 2024 monthly Jan 2012 - Aug 2024
General Govt Balance: Consolidated: Deficit or Surplus (EUR) -6,840,077.840 Sep 2024 monthly Jan 2012 - Sep 2024
General Govt Revenue: Cons: Taxes (EUR) 187,772,027.160 Aug 2024 monthly Jan 2012 - Aug 2024
General Govt Expenditure: Consolidated (EUR) 255,225,880.760 Sep 2024 monthly Jan 2012 - Sep 2024
General Govt Expenditure: Cons: ow Current (EUR) 228,662,844.960 Sep 2024 monthly Jan 2012 - Sep 2024
General Government Revenue: Consolidated (EUR) 255,360,081.630 Aug 2024 monthly Jan 2012 - Aug 2024
General Govt Revenue: Cons: Taxes: Excises (EUR) 43,213,446.430 Aug 2024 monthly Jan 2012 - Aug 2024
Gross General Government External Debt (EUR mn) 4,046.072 Oct 2024 monthly Dec 2010 - Oct 2024
Gross General Government Debt (EUR mn) 4,402.555 Oct 2024 monthly Dec 2010 - Oct 2024
Gross General Government Debt: Domestic (EUR mn) 356.483 Oct 2024 monthly Dec 2010 - Oct 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 1.534 2028 yearly 2003 - 2028
Trade Balance (USD mn) -317.1 Sep 2024 monthly Jan 2005 - Sep 2024
Total Exports (USD mn) 55.1 Sep 2024 monthly Jan 2005 - Sep 2024
Total Exports Growth (%) 18.8 Sep 2024 monthly Jan 2006 - Sep 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) 372.2 Sep 2024 monthly Jan 2005 - Sep 2024
Total Imports Growth (%) -4.0 Sep 2024 monthly Jan 2006 - Sep 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) 0.710 Sep 2024 monthly Jan 2010 - Sep 2024
Total Imports from USA (USD mn) 3.557 Sep 2024 monthly Jan 2006 - Sep 2024
Total Exports to China (USD mn) 0.009 Sep 2024 monthly Jan 2010 - Sep 2024
Total Imports from China (USD mn) 48.410 Sep 2024 monthly Jan 2006 - Sep 2024
Imports (EUR th) 335,159.322 Sep 2024 monthly Jan 2005 - Sep 2024
Exports (EUR th) 49,590.034 Sep 2024 monthly Jan 2005 - Sep 2024
Exports: Mineral Fuels, Lubricants & Related Materials (EUR th) 12,570.469 Sep 2024 monthly Mar 2009 - Sep 2024
Exports: Food & Live Animals (EUR th) 4,905.345 Sep 2024 monthly Mar 2009 - Sep 2024
Exports: Crude Materials: excl Fuels (EUR th) 8,862.294 Sep 2024 monthly Mar 2009 - Sep 2024
Exports: Manufactured Goods (EUR th) 3,583.137 Sep 2024 monthly Mar 2009 - Sep 2024
Exports: Machinery & Transport Equipment (EUR th) 8,066.066 Sep 2024 monthly Mar 2009 - Sep 2024
Exports: Europe: EU-28: Slovenia (EUR th) 3,129.443 Sep 2024 monthly Mar 2009 - Sep 2024
Exports: Europe: CEFTA: Serbia (EUR th) 11,643.271 Sep 2024 monthly Mar 2009 - Sep 2024
Imports: Miscellaneous Manufactured Goods (EUR th) 52,751.432 Sep 2024 monthly Mar 2009 - Sep 2024
Imports: Food & Live Animals (EUR th) 63,717.541 Sep 2024 monthly Mar 2009 - Sep 2024
Imports: Manufactured Goods (EUR th) 53,603.622 Sep 2024 monthly Mar 2009 - Sep 2024
Imports: Machinery & Transport Equipment (EUR th) 73,100.504 Sep 2024 monthly Mar 2009 - Sep 2024
Imports: Mineral Fuels, Lubricants & Related Materials (EUR th) 41,819.048 Sep 2024 monthly Mar 2009 - Sep 2024
Imports: Europe: CEFTA: Serbia (EUR th) 58,817.940 Sep 2024 monthly Mar 2009 - Sep 2024
Imports: Europe: EU-28: Greece (EUR th) 19,171.376 Sep 2024 monthly Mar 2009 - Sep 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
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
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 Sep 2024 monthly Jan 2002 - Sep 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) 4.6 Sep 2024 monthly Jan 2005 - Sep 2024
Gold Reserves (USD mn) 0.000 Sep 2024 monthly Dec 2002 - Sep 2024
Total Deposits (USD mn) 6,314.083 Sep 2024 monthly Jan 2003 - Sep 2024
Total Deposits Growth (%) 2.5 Sep 2024 monthly Jan 2004 - Sep 2024
Domestic Credit (USD mn) 3,687.7 Sep 2024 monthly Jan 2005 - Sep 2024
Domestic Credit Growth (%) 1.3 Sep 2024 monthly Jan 2006 - Sep 2024
Household Debt (USD mn) 2,100.2 Sep 2024 monthly Dec 2004 - Sep 2024
Total Loans (USD mn) 5,134.139 Sep 2024 monthly Jan 2003 - Sep 2024
Total Loans Growth (%) 15.32 Sep 2024 monthly Jan 2004 - Sep 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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