In the period January–September 2021, the portfolio investments account recorded a net outflow of 396.5 million euro, while the net outflow on the other investments account was 294.4 million euro. The
Montenegro, Recent Economic Developments, Financial Sector
At the end of Q3 2021, the main characteristics of the financial sector are stability and moderate level of systemic risk. Temporary measures of the Central Bank, which enabled moratorium and restruct
Montenegro, Recent Economic Developments, Employment and Wages
The COVID-19 pandemic continued to bring uncertainties in 2021 for employment, and affected the labour market indicators. Restrictions in terms of mobility were in force at the beginning of the year,
Montenegro, Recent Economic Developments, Inflation
The inflationary developments in 2021 are under impact of an increase in aggregate demand, bottlenecks in global supply chains, and basic commodities prices trends in the global market, primarily of t
Montenegro, Recent Economic Developments, Lending Activity of Banks
The banking sector of Montenegro made a strong contribution to the Montenegrin economy rebound, which was heavily affected by the COVID-19 pandemic in 2020. The banking system in Montenegro maintained
Montenegro, Analysis of the construction sector
We have witnessed a marked increase in real estate prices in the last few months. The reasons for this growth are seen by some in the huge inflation that started a chain of price hikes in malls all ov
Montenegro, Expansion of the IT sector
The IT industry in Montenegro has been growing strongly in recent years, and now a lot of Ukrainian and Russian programmers have arrived. Although the state gives millions to this sector, business bar
Montenegro, Recent Economic Developments, Gross Domestic Products
In spite of the negative effects of the coronavirus pandemic and contraction of the gross domestic product of 15.3 percent in 2020, the Montenegrin economy is recording a strong recovery in 2021, prim