Tourism Montenegro’s 300 kilometers-long coastline and the spectacular mountainous north are the engine of the tourism sector which accounts for close to 25 percent of GDP. The sale of formerly state-
Montenegro market overview
Since regaining independence in 2006, Montenegro has adopted an investment framework to encourage growth, employment,and exports. Although the continuing transition has not eliminated all structural b
Montenegro, Recent Economic Developments, International Investment Position
In 2019, the Central Bank of Montenegro has published for the first time the net international investment position (NIIP) of Montenegro, which is a difference between external financial assets (receiv
Montenegro, Benefit from foreign investments
Citizenship by investment is not a new concept and has been applied in numerous countries for years. Since 2019, Montenegro has joined the European and world countries that offer an economic citizensh
Montenegro economy briefing: Inflation and Economic Policy
The previous period was marked by strong price growth. The inflation rate in September was 16%, while the inflation rate in the first nine months was 11.6%. The most significant contribution to the in
Montenegro, Recent Economic Developments, External Sector, Current Account
According to the preliminary data, in the period January-September 2021, the current account deficit was 249.2 million euro and was lower by 71.1 percent relative to the same period of 2020. Narrowing
Montenegro, Recent Economic Developments, External Sector, Current Account
According to the preliminary data, in the period January-September 2021, the current account deficit was 249.2 million euro and was lower by 71.1 percent relative to the same period of 2020. Narrowing
Montenegro, Recent Economic Developments, Financial Account
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,