What is the GDP of Montenegro?

Montenegro's GDP is approximately $8.3 billion USD. The GDP growth rate is 3.2%.

What is the population of Montenegro?

Montenegro has a population of approximately 0.6 million people. The population growth rate is 0%.

What is the inflation rate in Montenegro?

The inflation rate in Montenegro is 3.3%.

What is the unemployment rate in Montenegro?

The unemployment rate in Montenegro is 13.6%.

What is the GDP per capita of Montenegro?

Montenegro's GDP per capita is approximately $13,263 USD.

Is Montenegro a good country to invest in?

Montenegro has an investment score of 52/100, classified as "Moderate" risk. Key sectors include Tourism, Energy, Real Estate. Credit rating: NR.

How open is Montenegro's economy to trade?

Montenegro's trade openness (trade as % of GDP) is 110%. Exports total approximately $3.6B and imports $5.5B.

How much foreign investment does Montenegro attract?

Foreign direct investment (FDI) in Montenegro is 7.2% of GDP. This indicates strong foreign investor interest.

What are the main economic sectors in Montenegro?

Montenegro's economy is composed of services (64% of GDP), industry (12% of GDP), and agriculture (3% of GDP).

Can I start a business in Montenegro as a foreigner?

Montenegro offers various options for foreign entrepreneurs. Visit our business setup guide for Montenegro for detailed information on entity types, registration steps, costs, tax rates, and foreign ownership rules.

Is Montenegro's economy growing?

Montenegro's GDP growth rate is 3.2%. This is above the global average, indicating strong economic momentum.

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Montenegro Economy Overview

Name: Montenegro Economic Data
Creator: NationsData
License: https://datacatalog.worldbank.org/public-licenses#cc-by

Europe & Central AsiaUpper MiddleCapital: PodgoricaMNE

Moderate

Growing

8.3B USD

GDP (Nominal)

Growing at 3.2%

$13,263

GDP Per Capita

High income level

0.6M

Population

0% annual growth

Stable

3.3%

Inflation

Moderate

110%of GDP

Trade Openness

Strong

7.2%of GDP

FDI Inflows

Public Debt

High

13.6%

Unemployment

Deficit

-$1.9B

Trade Balance

GDP

Billion USD, nominal

$8.3B

2024+0.6B

GDP Growth

Annual %

3.2%

2024-3.3%

Inflation

Consumer prices, annual %

3.3%

2024-5.3%

Population

Millions

0.6M

2024+0.0M

Economic Structure

Services64%

Industry12%

Agriculture3%

Investment Score Breakdown

Economic Health (30%)50

Political Safety (25%)48

Business Climate (20%)55

Financial Strength (15%)52

Growth Potential (10%)58

Key Sectors

Tourism

22.5% of GDP

growing

Energy

5.8% of GDP

stable

Real Estate

8.2% of GDP

growing

Agriculture

6.5% of GDP

stable

Should I Invest in Montenegro?

HoldSetup: ModerateROI: Moderate

Montenegro scores 52/100 on the NationsData Investment Index, rated "Moderate". Growth is healthy at 3.2%.

Investment Score52/100

GDP Growth3.2%

Inflation4.2%

FDI/GDP8.5%

Public Debt68.2%

Political Stability0.0

Strengths

+Healthy GDP growth at 3.2%
+High FDI inflows (8.5% of GDP) - investors are actively entering
+Highly trade-open economy (108%) - global market access

Risks

-Moderate political risk - monitor regulatory changes closely
-Large current account deficit (-12.5%) - currency depreciation risk

Also Consider

Romania

Same region, similar income level

Kazakhstan

Same region, similar income level, faster growth (4.5%)

North Macedonia

Same region, similar income level

Armenia

Same region, similar income level, faster growth (5.8%)

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