Montenegro Trade Balance
Key information about Montenegro's Trade Balance
- Montenegro's Trade Balance recorded a deficit of 317.1 USD mn in Sep 2024, compared with a deficit of 349.0 USD mn in the previous month
- Montenegro's Trade Balance data is updated monthly, available from Jan 2005 to Sep 2024, with an averaged value of -176.8 USD mn
- The data reached an all-time high of -12.6 USD mn in Feb 2005 and a record low of -386.4 USD mn in Jul 2024
Further information about Montenegro's Trade Balance
- In the latest reports, Montenegro's Total Exports reached 55.1 USD mn in Sep 2024, an increase of 4.0% YoY (year-on-year)
- Total Imports recorded 372.2 USD mn in Sep 2024, a decrease of 4.0% YoY (year-on-year)
View Montenegro's Trade Balance from Jan 2005 to Sep 2024 in the chart:
What was Montenegro's Trade Balance in Sep 2024?
Montenegro's Trade Balance recorded a deficit of 317.1 USD mn in Sep 2024, compared with a deficit of 349.0 USD mn in the previous month See the table below for more data.
Last | Previous | Min | Max | Unit | Frequency | Range |
---|---|---|---|---|---|---|
-317.1 Sep 2024 | -349.0 Aug 2024 | -386.4 Jul 2024 | -12.6 Feb 2005 | USD mn | monthly | Jan 2005 - Sep 2024 |
Trade Balance by Country Comparison
country/region | Last | Frequency | Range |
---|---|---|---|
Albania (USD mn) | -452.9 Sep 2024 | monthly | Oct 1998 - Sep 2024 |
Algeria (USD mn) | -274.8 Mar 2020 | monthly | Jan 2000 - Mar 2020 |
Argentina (USD mn) | 992.1 Sep 2024 | monthly | Jan 1991 - Sep 2024 |
Armenia (USD mn) | -223.7 Sep 2024 | monthly | Nov 1995 - Sep 2024 |
Australia (USD mn) | 3,119.6 Sep 2024 | monthly | Jul 1971 - Sep 2024 |
Austria (USD mn) | 525.7 Jun 2024 | monthly | Jan 1957 - Jun 2024 |
Azerbaijan (USD mn) | -255.8 Sep 2024 | monthly | Jan 2000 - Sep 2024 |
Bahrain (USD mn) | 4,501.7 2023 | yearly | 1966 - 2023 |
Bangladesh (USD mn) | -1,707.2 Aug 2024 | monthly | Jul 1986 - Aug 2024 |
Belarus (USD mn) | 258.8 Aug 2024 | monthly | Jan 2000 - Aug 2024 |
Belgium (USD mn) | 1,658.0 Aug 2024 | monthly | Jan 1993 - Aug 2024 |
Bolivia (USD mn) | 47.9 Aug 2024 | monthly | Oct 1994 - Aug 2024 |
Bosnia and Herzegovina (USD mn) | -529.9 Sep 2024 | monthly | Jan 2000 - Sep 2024 |
Botswana (USD mn) | -427.9 Aug 2024 | monthly | Jan 2001 - Aug 2024 |
Brazil (USD mn) | 4,342.8 Oct 2024 | monthly | Jan 1959 - Oct 2024 |
Brunei (USD mn) | 376.2 Aug 2024 | monthly | Jan 2010 - Aug 2024 |
Bulgaria (USD mn) | -446.1 Aug 2024 | monthly | Jan 1995 - Aug 2024 |
Cambodia (USD mn) | 82.9 Sep 2024 | monthly | Jun 2013 - Sep 2024 |
Canada (USD mn) | -933.3 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
Chile (USD mn) | 1,816.0 Sep 2024 | monthly | Jan 1968 - Sep 2024 |
China (USD mn) | 95,718.8 Oct 2024 | monthly | Jan 1992 - Oct 2024 |
Colombia (USD mn) | -1,687.9 Aug 2024 | monthly | Jan 1958 - Aug 2024 |
Croatia (USD mn) | -1,452.7 Jul 2024 | monthly | Jan 1993 - Jul 2024 |
Cyprus (USD mn) | -740.7 Aug 2024 | monthly | Jan 1957 - Aug 2024 |
Czech Republic (USD mn) | 3,296.4 Sep 2024 | monthly | Jan 1996 - Sep 2024 |
Denmark (USD mn) | 4,118.0 Aug 2024 | monthly | Jan 1997 - Aug 2024 |
Ecuador (USD mn) | 428.6 Aug 2024 | monthly | Mar 1992 - Aug 2024 |
Egypt (USD mn) | -4,885.0 Aug 2024 | monthly | Jan 1957 - Aug 2024 |
Estonia (USD mn) | -185.8 Aug 2024 | monthly | Jan 1993 - Aug 2024 |
European Union (USD mn) | 8,744.1 Aug 2024 | monthly | Jan 2002 - Aug 2024 |
Finland (USD mn) | 322.0 Sep 2024 | monthly | Jan 1992 - Sep 2024 |
France (USD mn) | -8,122.8 Aug 2024 | monthly | Jan 2000 - Aug 2024 |
Georgia (USD mn) | -707.9 Sep 2024 | monthly | Jan 1995 - Sep 2024 |
Germany (USD mn) | 18,832.4 Sep 2024 | monthly | Jan 1957 - Sep 2024 |
Ghana (USD mn) | 659.7 Aug 2024 | monthly | Mar 2005 - Aug 2024 |
Greece (USD mn) | -3,395.3 Sep 2024 | monthly | Jan 2002 - Sep 2024 |
Hong Kong SAR, China (USD mn) | -6,828.9 Sep 2024 | monthly | Jan 1957 - Sep 2024 |
Hungary (USD mn) | 487.8 Aug 2024 | monthly | Jan 1976 - Aug 2024 |
Iceland (USD mn) | -361.4 Oct 2024 | monthly | Jan 1957 - Oct 2024 |
India (USD mn) | -20,780.0 Sep 2024 | monthly | Jan 1957 - Sep 2024 |
Indonesia (USD mn) | 3,257.0 Sep 2024 | monthly | Jan 1967 - Sep 2024 |
Iran (USD mn) | 32,176.0 2023 | yearly | 1948 - 2023 |
Ireland (USD mn) | 6,101.1 Aug 2024 | monthly | Jan 1970 - Aug 2024 |
Israel (USD mn) | -2,763.4 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
Italy (USD mn) | 4,479.6 Aug 2024 | monthly | Jan 1993 - Aug 2024 |
Ivory Coast (USD mn) | -138.9 Jul 2024 | monthly | Jan 1981 - Jul 2024 |
Japan (USD mn) | -1,309.8 Sep 2024 | monthly | Apr 1995 - Sep 2024 |
Jordan (USD mn) | -1,203.4 Aug 2024 | monthly | Jan 1972 - Aug 2024 |
Kazakhstan (USD mn) | 2,120.7 Aug 2024 | monthly | Sep 1995 - Aug 2024 |
Kenya (USD mn) | -1,029.6 Aug 2024 | monthly | Oct 1992 - Aug 2024 |
South Korea (USD mn) | 3,167.0 Oct 2024 | monthly | Jan 1966 - Oct 2024 |
Kosovo (USD mn) | -476.8 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
Kuwait (USD mn) | 3,536.5 Jun 2024 | monthly | Jan 1993 - Jun 2024 |
Kyrgyzstan (USD mn) | -459.6 Aug 2024 | monthly | Jan 2002 - Aug 2024 |
Laos (USD mn) | -71.8 Jun 2024 | quarterly | Dec 1992 - Jun 2024 |
Latvia (USD mn) | -369.9 Aug 2024 | monthly | Jan 1995 - Aug 2024 |
Lebanon (USD mn) | -1,062.6 Dec 2023 | monthly | Jan 1993 - Dec 2023 |
Lithuania (USD mn) | -498.1 Aug 2024 | monthly | Jan 1999 - Aug 2024 |
Luxembourg (USD mn) | -835.8 Aug 2024 | monthly | Jan 1988 - Aug 2024 |
Macau SAR, China (USD mn) | -1,153.0 Aug 2024 | monthly | Jan 1998 - Aug 2024 |
North Macedonia (USD mn) | -213.7 Sep 2024 | monthly | Dec 1993 - Sep 2024 |
Malawi (USD mn) | -194.6 Mar 2024 | monthly | Jan 1964 - Mar 2024 |
Malaysia (USD mn) | 1,253.2 Sep 2024 | monthly | Jan 1990 - Sep 2024 |
Malta (USD mn) | -399.1 Aug 2024 | monthly | Jan 1960 - Aug 2024 |
Mauritius (USD mn) | -411.8 Aug 2024 | monthly | Jan 2006 - Aug 2024 |
Mexico (USD mn) | -167.5 Sep 2024 | monthly | Jan 1993 - Sep 2024 |
Moldova (USD mn) | -503.5 Jul 2024 | monthly | Jan 1992 - Jul 2024 |
Mongolia (USD mn) | 47.2 Sep 2024 | monthly | Jan 1997 - Sep 2024 |
Montenegro (USD mn) | -317.1 Sep 2024 | monthly | Jan 2005 - Sep 2024 |
Morocco (USD mn) | -2,651.3 Sep 2024 | monthly | Jan 1957 - Sep 2024 |
Mozambique (USD mn) | 106.5 Jun 2024 | monthly | Jan 2011 - Jun 2024 |
Myanmar (USD mn) | 183.9 Jul 2022 | monthly | Jan 1957 - Jul 2022 |
Nepal (USD mn) | -903.3 Sep 2024 | monthly | Aug 1974 - Sep 2024 |
Netherlands (USD mn) | 15,685.5 Sep 2024 | monthly | Jan 1996 - Sep 2024 |
New Zealand (USD mn) | -1,312.0 Sep 2024 | monthly | Jan 1960 - Sep 2024 |
Nigeria (USD mn) | 2,786.0 Jun 2024 | monthly | Jan 2003 - Jun 2024 |
Norway (USD mn) | 4,024.9 Sep 2024 | monthly | Jan 1957 - Sep 2024 |
Oman (USD mn) | 1,667.1 Aug 2024 | monthly | Jan 1975 - Aug 2024 |
Pakistan (USD mn) | -1,498.0 Oct 2024 | monthly | Jan 1968 - Oct 2024 |
Palestinian Territory (USD mn) | -501.3 Aug 2024 | monthly | Jan 2011 - Aug 2024 |
Panama (USD mn) | -1,137.9 Aug 2024 | monthly | Jan 1964 - Aug 2024 |
Paraguay (USD mn) | -96.1 Sep 2024 | monthly | Jan 1994 - Sep 2024 |
Peru (USD mn) | 1,811.9 Aug 2024 | monthly | Jan 1985 - Aug 2024 |
Philippines (USD mn) | -5,087.0 Sep 2024 | monthly | Jan 1957 - Sep 2024 |
Poland (USD mn) | -1,745.1 Aug 2024 | monthly | Jan 1986 - Aug 2024 |
Portugal (USD mn) | -2,909.7 Aug 2024 | monthly | Jan 1957 - Aug 2024 |
Qatar (USD mn) | 5,531.0 Jul 2024 | monthly | Jan 2014 - Jul 2024 |
Romania (USD mn) | -3,174.6 Aug 2024 | monthly | Aug 1990 - Aug 2024 |
Russia (USD mn) | 12,138.2 Aug 2024 | monthly | Jan 1998 - Aug 2024 |
Saudi Arabia (USD mn) | 113,078.6 2023 | yearly | 1957 - 2023 |
Serbia (USD mn) | -908.9 Sep 2024 | monthly | Jan 2001 - Sep 2024 |
Singapore (USD mn) | 4,065.3 Sep 2024 | monthly | Jan 1976 - Sep 2024 |
Slovakia (USD mn) | 155.3 Aug 2024 | monthly | Jan 2004 - Aug 2024 |
Slovenia (USD mn) | -374.3 Sep 2024 | monthly | Nov 1991 - Sep 2024 |
South Africa (USD mn) | 312.1 Aug 2024 | monthly | Oct 2004 - Aug 2024 |
Spain (USD mn) | -3,511.9 Aug 2024 | monthly | Sep 1974 - Aug 2024 |
Sri Lanka (USD mn) | -634.0 Sep 2024 | monthly | Jan 1982 - Sep 2024 |
Sudan (USD mn) | -829.9 Dec 2022 | monthly | Jan 2003 - Dec 2022 |
Sweden (USD mn) | 78.2 Sep 2024 | monthly | Jan 1957 - Sep 2024 |
Switzerland (USD mn) | 5,262.3 Sep 2024 | monthly | Jan 1957 - Sep 2024 |
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Learn more about what we doMontenegro 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: Excises (EUR) | 43,213,446.430 Aug 2024 | monthly | Jan 2012 - Aug 2024 |
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 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 Expenditure: Consolidated (EUR) | 255,225,880.760 Sep 2024 | monthly | Jan 2012 - Sep 2024 |
General Govt Revenue: Cons: Taxes (EUR) | 187,772,027.160 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: Machinery & Transport Equipment (EUR th) | 8,066.066 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: Mineral Fuels, Lubricants & Related Materials (EUR th) | 12,570.469 Sep 2024 | monthly | Mar 2009 - Sep 2024 |
Exports: Europe: CEFTA: Serbia (EUR th) | 11,643.271 Sep 2024 | monthly | Mar 2009 - Sep 2024 |
Exports: Europe: EU-28: Slovenia (EUR th) | 3,129.443 Sep 2024 | monthly | Mar 2009 - Sep 2024 |
Imports: Manufactured Goods (EUR th) | 53,603.622 Sep 2024 | monthly | Mar 2009 - Sep 2024 |
Imports: Food & Live Animals (EUR th) | 63,717.541 Sep 2024 | monthly | Mar 2009 - Sep 2024 |
Imports: Miscellaneous Manufactured Goods (EUR th) | 52,751.432 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) | 17.3 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
Current Account Balance (USD mn) | -278.9 Mar 2023 | quarterly | Mar 2004 - Mar 2023 |
Current Account Balance: % of GDP (%) | -22.8 Jun 2024 | quarterly | Mar 2010 - Jun 2024 |
Foreign Direct Investment (USD mn) | 154.9 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
Foreign Direct Investment: % of GDP (%) | 7.8 Jun 2024 | quarterly | Mar 2010 - Jun 2024 |
Foreign Portfolio Investment (USD mn) | -9.733 Jun 2024 | quarterly | Mar 2005 - Jun 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: Russian Federation (EUR) | 112,506,571.770 2023 | yearly | 2001 - 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 |
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) | 1,600.1 Jul 2024 | monthly | Dec 2002 - Jul 2024 |
Foreign Exchange Reserves: % of GDP (%) | 20.266 Jun 2024 | quarterly | Dec 2010 - Jun 2024 |
Foreign Exchange Reserves: Months of Import (NA) | 3.7 Jul 2024 | monthly | Jan 2005 - Jul 2024 |
Gold Reserves (USD mn) | 0.000 Jul 2024 | monthly | Dec 2002 - Jul 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 |
More Indicators for Montenegro
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