Source
Central bank

Central Bank of Montenegro

International Reserves

US$ 392.695 million (Source: IMF; Data updated: 2012)

Source
Gross Domestic Product - GDP

US$ 4.278 billion (2009 estimate)

GDP (Purchasing Power Parity)

7.263 billion of International dollars (2009 estimate)

Real GDP growth
2001 2002 2003 2004 2005 2006 2007 2008
1.1% 1.9% 2.5% 4.4% 4.2% 8.6% 10.7% 6.9%
2009 2010 2011 2012*        
-5.7% 2.5% 2.5% 0.2%        

*Estimate

GDP per capita - current prices

US$ 6,877 (2009 estimate)

GDP per capita - PPP

$11,677 International Dollars (2009 estimate)

GDP (PPP) - share of world total
1980 1990 2000 2010 2015**
N/A N/A 0.01% 0.01% 0.01%

**Forecast

 
 
Source
GDP - composition by sector

(Data released on February 2012)

  • N/A
  • N/A
  • N/A
Gross domestic expenditure on R&D; (% of GDP)

N/A

(Data released on March 2012)

Inflation
2009 2010 2011 2012*
3.6%(2008) 0.7% 3.1% 2%

*Estimate

Unemployment rate
2009 2010 2011 2012*
N/A N/A N/A(2009) N/A

*Estimate

Household saving rates

N/A

(Data released on December 2011)

Public debt (General government gross debt as a % of GDP)
2008 2009 2010 2011 2012*
31.9% 40.7% 42.4% 45.8% 48.9%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2008 2009 2010 2011* 2012**
-0.4% -5.7% -4.9% -6.5% -5%

*Estimate    **Forecast

Government bond ratings

Standard & Poor's: BB-

Moody's rating: Ba3

Moody's outlook: STA

(Foreign Currency Government Bond Ratings; Data last updated Dec 2011 and Nov 2012)

Market value of publicly traded shares
2009 2010 2011
US$4.289 billion US$3.604 billion US$3.322 billion
Largest companies in Montenegro

N/A

 
 
Source
Current account balance

US$ -843 million (2010 estimate)(After 2008)

Current account balance by percentage of GDP

-19.7% of GDP (2009 estimate)(2009)

Exports as percent of GDP(Exports of goods and services)

35.6% (2010)

(Data released on April 2012)

Shares in world total merchandising export

0%(2007)

(Data were released in 2012 and refer to 2011)

Shares in world total commercial services export

0.03% (2011)(2007)

(Data were released in 2012)

Total exports

US$489.2 million (2012 estimate) 

Export commodities

N/A

Total imports

US$2.4 billion (2012 estimate) 

 
 
Source
Import commodities

N/A

Exports - major partners

Serbia 17.5%, Hungary 16.9%, Croatia 10.1% (2011 estimate)

Imports - major partners

Serbia 28.4%, Greece 7.9%, Bosnia and Herzegovina 7.6% (2011 estimate)

FDI inflows
2009 2010 2011
US$1,527 million US$760 million(2009) US$558 million(2009)
FDI outflows
2009 2010 2011  
US$46 million US$29 million US$17 million  
Value of cross-border M&A;, by country of purchaser
2008 2009 2010 2011
N/A N/A(2009) N/A(2009) N/A
Cross-border M&A; deals worth over $3 billion completed in 2010(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(for a monthly update on M&A; click here )

Cross-border M&A; deals worth over $3 billion completed in 2011(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A(2008 estimate)

(for a monthly update on M&A; click here )

Best countries for doing business World Bank/IFC Doing Business Project (Economies are ranked on their ease of doing business, from 1 - 185. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.)

Overall ranking: 51 out of 185 countries(2009) (2013)

Subcategories:

Starting a business: 58 out of 185 countries(2009)

Enforcing Contracts: 135 out of 185 countries

Registering Property: 117 out of 185 countries

Getting credit: 4 out of 185 countries

Protecting investors: 32 out of 185 countries

Trading across border: 42 out of 185 countries

Paying Taxes: 81 out of 185 countries

Dealing with Construction Permits: 176 out of 185 countries

Getting Electricity: 69 out of 185 countries

Resolving Insolvency: 44 out of 185 countries

(2013)

Global competitiveness ranking(ranking by country on a basis of 144, the first is the best)

72

(2012)

 

 

Index of Economic FreedomWSJ and Heritage Foundation

Ranking: 72 Score: 62.5 (Moderately Free) (2009)

(100=totally free 0=totally repressed )

 
 
Source
Total area

13,812 km2 (2006)

Capital

Podgorica (2009)

Currency

euros (EUR) (2009)

Government type

republic (2009)

Languages

Serbian 63.6%, Montenegrin (official) 22%, Bosnian 5.5%, Albanian 5.3%, unspecified 3.7% (2003 census)

Religions

Orthodox 74.2%, Muslim 17.7%, Catholic 3.5%, other 0.6%, unspecified 3%, atheist 1% (2003 census)

Total population
1980 1990 2000 2012* 2017**
N/A N/A N/A 0.62 million 0.63 million

*Estimate    **Forecast

 
 
Source
Urban population as % of total population
1960 1980 2000 2011
18.8% 36.8% 58.5% 63.3%
Population median age

36 years (2010)

Population growth rate

0.1% (2011)

Life expectancy

74 years (2010)

% of population living on less than $2 a day

<2% (2011)

Inequality of wealth distribution (Gini index)

29.99 (2008)

(Data were released in 2011, 0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights:3
Civil Liberties:2 (2011)

(1 represents the most free, 7 the least free)

Source
Total telephone subscribers as % of population

212.12% (2010)

(sum of fixed telephone lines and mobile cellular subscribers)

Internet users as % of total population

40% (Data were released in 2012 and refer to 2011)

Cost of living - Mercer index(ranking by city on a basis of 214; the 1st is the most expensive and the 214th is the least expensive)

N/A

Source
CO2 emissions(Metric tons of CO2 per capita)

4.8395 (Data were released in 2012 and refer to 2009)

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