Montenegro’s current account surplus rose to EUR 239.5 million in the third quarter of 2019 from EUR 200.3 million in the same period of 2018. The services surplus went up to EUR 749.3 million from EUR 699.9 million and the secondary income surplus advanced to EUR 79.6 million from EUR 63.9 million. On the other hand, the goods gap increased to EUR 569.6 million from EUR 374.5 million a year earlier and the primary income shortfall widened sharply to EUR 19.8 million from EUR 1.3 million.
Current Account in Montenegro averaged -148815.60 EUR Thousand from 2003 until 2019, reaching an all time high of 292018 EUR Thousand in the third quarter of 2015 and a record low of -493338.85 EUR Thousand in the second quarter of 2008. This page provides - Montenegro Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news.
Current Account in Montenegro is expected to be -62865.37 EUR Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Montenegro to stand at -62102.24 in 12 months time. In the long-term, the Montenegro Current Account is projected to trend around -59094.38 EUR Thousand in 2020, according to our econometric models.