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, 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, 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