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Browse additional economic indicators and data sets, selected by Global Finance editors, to learn more about Montenegro economic outlook, debt to GDP ratio, international trade performance and population trends. Rankings of Montenegro best banks and safest banks are also available.
Montenegro tries to keep the foreign direct investment environment as simple as possible.
USD 0.7 billion (2015)
International Monetary Fund (IMF), data retrieved January 2017
USD 4.5 billion (2017, estimate)
Intl$ 11.2 billion (2017, estimate)
2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 |
8.6% | 10.7% | 6.9% | -5.7% | 2.5% | 3.2% | -2.7% |
2013 | 2014 | 2015* | 2016* | 2017* | ||
3.6% | 1.8% | 3.2% | 5.1% | 3.6% |
*Estimate
1980 | 1990 | 2000 | 2010 | 2017* |
N/A | N/A | 0.01% | 0.01% | 0.009% |
*Estimate
(2013 estimate)
2013 | 2014 | 2015 | 2016* | 2017* |
2.2% | -0.7% | 1.6% | 0.5% | 1.3% |
*Estimate
2013 | 2014 | 2015 | 2016 | 2017 |
N/A | N/A | N/A | N/A | N/A |
*Estimate
2013 | 2014 | 2015 | 2016* | 2017* |
55.2% | 59.9% | 67.2% | 75.5% | 81.8% |
*Estimate
2013 | 2014 | 2015 | 2016* | 2017* |
-6.3% | -2.6% | -7.5% | -12.1% | -9.9% |
*Estimate
Standard & Poor's: B+
Moody's: B1
Standard & Poor's / Moody's (Updated January 2017)
2013 | 2014 | 2015 |
N/A | N/A | N/A |
-11.8% (2017 estimate)
42.8% (2015)
0.002% (2015)
0.03% (2015)
Croatia 22.7%, Serbia 22.7%, Slovenia 7.8% (2012 estimate)
Serbia 29.3%, Greece 8.7%, China 7.1% (2012 estimate)
2013 | 2014 | 2015 |
USD 447 million | USD 497 million | USD 699 million |
2013 | 2014 | 2015 |
USD 17 million | USD 27 million | USD 12 million |
2012 | 2013 | 2014 | 2015 |
N/A | N/A | N/A | N/A |
N/A
N/A
Economies are ranked on their ease of doing business. A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of a local firm.
Overall ranking: 51 out of 190 countries (2017)
Subcategories:
Starting a business: 58 out of 190 countries
Enforcing Contracts: 41 out of 190 countries
Registering Property: 78 out of 190 countries
Getting Credit: 7 out of 190 countries
Protecting Minority Investors: 42 out of 190 countries
Trading Across Borders: 43 out of 190 countries
Paying Taxes: 57 out of 190 countries
Dealing with Construction Permits: 93 out of 190 countries
Getting Electricity: 167 out of 190 countries
Resolving Insolvency: 40 out of 190 countries
82 out of 138 countries
(2016-2017)
Ranking: 65 / Score: 64.94 (Moderately free) (2016)
(100=totally free 0=totally repressed)
Serbian 42.9%, Montenegrin (official) 37%, Bosnian 5.3%, Albanian 5.3%, Serbo-Croat 2%, other 3.5%, unspecified 4% (2011 est.)
Orthodox 72.1%, Muslim 19.1%, Catholic 3.4%, atheist 1.2%, other 1.5%, unspecified 2.6% (2011 est.)
1990 | 2000 | 2010 | 2016* | 2021* |
N/A | 0.612 million | 0.619 million | 0.623 million | 0.626 million |
*Estimate
1960 | 1980 | 2000 | 2015 |
19% | 37% | 59% | 64% |
Total population: 98.7%
Male: 99.5%
Female: 98% (2015 est.)
(age 15 and over can read and write)
0.1% (2014)
31.9 (2014)
(0=perfect equality, 100=absolute inequality)
Political Rights: 3
Civil Liberties: 3 (2017)
(1 represents the most free, 7 the least free rating)
Fixed 24.85% Mobile 162.16% (2015)
(fixed-telephone subscribers and mobile-cellular subscribers)