Montenegro Visitor Arrivals Growth

2011 - 2025 | Monthly | % | CEIC Data

Key information about Montenegro Visitor Arrivals

  • Montenegro Visitor Arrivals grew 22.7 % in Jan 2025, compared with an increase of 4.4 % in the previous month
  • Montenegro Visitor Arrivals Growth rate data is updated monthly, available from Jan 2011 to Jan 2025
  • The data reached an all-time high of 16,064.7 % in May 2021 and a record low of -99.8 % in May 2020
CEIC calculates Tourist Arrivals Growth from monthly Tourist Arrivals. The Statistical Office of Montenegro provides Tourist Arrivals. Tourist Arrivals exclude tourists staying in private accommodation such as tourist apartments, houses and rooms for rent.

Further information about Montenegro Visitor Arrivals

  • In the latest reports, Montenegro Visitor Arrivals recorded 27,274.0 person in the month of Jan 2025
  • Tourism Revenue of Montenegro reached 180.0 USD mn in Dec 2020, an increase of 90.1 % change from the previous year

View Montenegro's Visitor Arrivals Growth from Jan 2011 to Jan 2025 in the chart:

Montenegro Visitor Arrivals Growth

What was Montenegro's Visitor Arrivals Growth in Jan 2025?

Montenegro Visitor Arrivals grew 22.7 % in Jan 2025, compared with an increase of 4.4 % in the previous month See the table below for more data.

Last Previous Min Max Unit Frequency Range
22.7 Jan 2025 4.4 Dec 2024 -99.8 May 2020 16,064.7 May 2021 % monthly Jan 2011 - Jan 2025

Visitor Arrivals Growth by Country Comparison

country/region Last Frequency Range
Albania (%) 9.4 Dec 2024 quarterly Mar 2006 - Dec 2024
Algeria (%) 25.6 2016 yearly 2004 - 2016
Argentina (%) -8.4 Dec 2024 quarterly Mar 2017 - Dec 2024
Armenia (%) 91.4 2022 yearly 1996 - 2022
Australia (%) 7.8 Dec 2024 monthly Jan 1977 - Dec 2024
Austria (%) -5.3 Feb 2025 monthly Jan 1975 - Feb 2025
Azerbaijan (%) -74.9 2020 yearly 1996 - 2020
Bahrain (%) -82.7 2020 yearly 1996 - 2020
Bangladesh (%) -25.5 2021 yearly 1982 - 2021
Belarus (%) -69.6 2020 yearly 2001 - 2020
Belgium (%) 153.5 2022 yearly 1993 - 2022
Bolivia (%) -73.9 2020 yearly 1996 - 2020
Bosnia and Herzegovina (%) 15.9 Jan 2025 monthly Jan 2008 - Jan 2025
Botswana (%) 3.1 2018 yearly 1996 - 2018
Brazil (%) -65.3 2021 yearly 1990 - 2021
Brunei (%) -75.9 2020 yearly 1996 - 2020
Bulgaria (%) -0.3 Jan 2025 monthly Jan 2003 - Jan 2025
Cambodia (%) 12.8 May 2019 monthly Jan 1999 - May 2019
Canada (%) 12.4 Nov 2024 monthly Jan 1973 - Nov 2024
Chile (%) -60.7 Mar 2020 monthly Jul 2017 - Mar 2020
China (%) 9.6 Feb 2016 monthly Jan 2001 - Feb 2016
Colombia (%) -6.2 Jan 2025 monthly Jan 2008 - Jan 2025
Croatia (%) 4.4 Dec 2024 monthly Nov 2000 - Dec 2024
Cyprus (%) 27.4 Jan 2025 monthly Jan 2003 - Jan 2025
Czech Republic (%) 2.6 2019 yearly 2004 - 2019
Denmark (%) -52.9 2020 yearly 2004 - 2020
Ecuador (%) 15.0 2023 yearly 1998 - 2023
Egypt (%) 123.9 2022 yearly 1983 - 2022
Estonia (%) 11.1 2024 yearly 1997 - 2024
European Union (%) 5.2 2024 yearly 2009 - 2024
Finland (%) 19.6 Jan 2025 monthly Jan 1996 - Jan 2025
France (%) -46.2 2020 yearly 2005 - 2020
Georgia (%) -80.4 2020 yearly 1996 - 2020
Germany (%) 1.4 Jan 2025 monthly Jan 1993 - Jan 2025
Greece (%) 23.6 Nov 2024 monthly Jan 2006 - Nov 2024
Hong Kong SAR, China (%) 17.2 Jan 2025 monthly Mar 2007 - Jan 2025
Hungary (%) 2.0 Dec 2024 quarterly Mar 2005 - Dec 2024
Iceland (%) -77.8 2020 yearly 1996 - 2020
India (%) -6.6 Dec 2024 monthly Mar 1988 - Dec 2024
Indonesia (%) 8.7 Dec 2024 monthly Jan 1980 - Dec 2024
Iran (%) -83.0 2020 yearly 1996 - 2020
Ireland (%) 0.2 2019 yearly 1996 - 2019
Israel (%) 30.7 Feb 2025 monthly Jan 2004 - Feb 2025
Italy (%) 11.7 2024 yearly 1991 - 2024
Ivory Coast (%) -67.7 2020 yearly 1996 - 2020
Japan (%) 40.6 Jan 2025 monthly Jan 1963 - Jan 2025
Jordan (%) 29.2 2023 yearly 2003 - 2023
Kazakhstan (%) -76.1 2020 yearly 1997 - 2020
Kenya (%) 51.8 2021 yearly 1992 - 2021
South Korea (%) 44.4 Jan 2025 monthly Jan 1976 - Jan 2025
Kosovo (%) 21.9 Dec 2024 quarterly Mar 2017 - Dec 2024
Kuwait (%) -0.4 Dec 2022 monthly Jan 1998 - Dec 2022
Kyrgyzstan (%) 109.5 2022 yearly 1999 - 2022
Laos (%) 60.1 Dec 2023 monthly Jan 2007 - Dec 2023
Latvia (%) 17.1 Dec 2024 quarterly Mar 2003 - Dec 2024
Lebanon (%) -19.1 2024 yearly 1997 - 2024
Lithuania (%) -9.0 2024 yearly 1996 - 2024
Luxembourg (%) -49.6 2020 yearly 1996 - 2020
Macau SAR, China (%) 7.9 Jan 2025 monthly Jan 2009 - Jan 2025
North Macedonia (%) 0.4 Nov 2024 monthly Jan 1996 - Nov 2024
Malawi (%) 4.1 2018 yearly 1996 - 2018
Malaysia (%) 9.8 Dec 2024 monthly Jan 1990 - Dec 2024
Malta (%) 20.5 Dec 2024 monthly Jan 2002 - Dec 2024
Mauritius (%) -6.7 Feb 2025 monthly Jan 1999 - Feb 2025
Mexico (%) 8.5 Jan 2025 monthly Jan 1981 - Jan 2025
Moldova (%) 55.1 2024 yearly 1993 - 2024
Mongolia (%) 22.5 2024 yearly 1996 - 2024
Montenegro (%) 22.7 Jan 2025 monthly Jan 2011 - Jan 2025
Morocco (%) 351.2 Feb 2023 monthly Jan 2006 - Feb 2023
Myanmar (%) -41.0 Feb 2025 monthly Jan 2006 - Feb 2025
Nepal (%) -0.6 Feb 2025 monthly Jan 1992 - Feb 2025
Netherlands (%) 3.9 Oct 2024 monthly Jan 2013 - Oct 2024
New Zealand (%) 14.6 Jan 2025 monthly Apr 1979 - Jan 2025
Nigeria (%) -12.5 2016 yearly 1996 - 2016
Norway (%) -76.2 2020 yearly 1996 - 2020
Oman (%) -75.2 2020 yearly 2002 - 2020
Panama (%) 26.4 Nov 2024 monthly Jan 2006 - Nov 2024
Paraguay (%) 187.6 Dec 2022 monthly Jan 2000 - Dec 2022
Peru (%) 6.8 Dec 2024 monthly Jan 2003 - Dec 2024
Philippines (%) -8.4 Feb 2025 monthly Jan 1989 - Feb 2025
Poland (%) 19.1 2023 yearly 1996 - 2023
Portugal (%) -75.7 2020 yearly 1996 - 2020
Qatar (%) 25.2 2024 yearly 2010 - 2024
Romania (%) -20.1 Dec 2024 monthly Jan 2005 - Dec 2024
Russia (%) -0.4 2023 yearly 1996 - 2023
Saudi Arabia (%) 12.5 Sep 2015 monthly Jan 2005 - Sep 2015
Serbia (%) 15.9 Jan 2025 monthly Feb 2006 - Jan 2025
Singapore (%) 10.3 Jan 2025 monthly Jan 2009 - Jan 2025
Slovakia (%) 3.9 2024 yearly 1999 - 2024
Slovenia (%) 13.2 Jan 2025 monthly Jan 1998 - Jan 2025
South Africa (%) 0.6 2024 yearly 1976 - 2024
Spain (%) 6.1 Jan 2025 monthly Jan 1996 - Jan 2025
Sri Lanka (%) 10.0 Feb 2025 monthly Jan 1980 - Feb 2025
Sudan (%) 55.6 2021 yearly 1991 - 2021
Sweden (%) -74.3 2020 yearly 1996 - 2020
Switzerland (%) 13.8 Jan 2025 monthly Jan 1997 - Jan 2025
Syria (%) 34.5 2019 yearly 1996 - 2019
Taiwan (%) 8.5 Nov 2024 monthly Jan 1984 - Nov 2024
Tajikistan (%) 140.1 2018 yearly 1997 - 2018
Thailand (%) -6.9 Feb 2025 monthly Jan 1982 - Feb 2025

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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 Govt Revenue: Cons: Taxes: Excises (EUR) 23,651,764.850 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 Balance: Consolidated: Deficit or Surplus (EUR) 2,068,456.780 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
General Govt Revenue: Cons: Taxes (EUR) 132,702,629.510 Jan 2025 monthly Jan 2012 - Jan 2025
General Govt Expenditure: Consolidated (EUR) 154,176,756.440 Jan 2025 monthly Jan 2012 - Jan 2025
General Government Revenue: Consolidated (EUR) 156,245,213.220 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: Manufactured Goods (EUR th) 2,535.662 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: Food & Live Animals (EUR th) 3,441.716 Jan 2025 monthly Mar 2009 - Jan 2025
Exports: Europe: CEFTA: Serbia (EUR th) 9,140.412 Jan 2025 monthly Mar 2009 - Jan 2025
Exports: Europe: EU-28: Slovenia (EUR th) 2,689.830 Jan 2025 monthly Mar 2009 - Jan 2025
Imports: Manufactured Goods (EUR th) 33,949.824 Jan 2025 monthly Mar 2009 - Jan 2025
Imports: Miscellaneous Manufactured Goods (EUR th) 31,422.492 Jan 2025 monthly Mar 2009 - Jan 2025
Imports: Food & Live Animals (EUR th) 45,073.913 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: EU-28: Greece (EUR th) 15,355.588 Jan 2025 monthly Mar 2009 - Jan 2025
Imports: Europe: CEFTA: Serbia (EUR th) 39,313.863 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: Italy (EUR) 5,543,222.480 2023 yearly 2001 - 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
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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