The number of visitors from abroad to Montenegro rose by 14.2 percent from a year earlier to 125,492 in May 2019, following a 39.1 percent gain in the previous month. Foreign visitors accounted for 88.9 percent and domestic ones for the remaining 11.1 percent. Considering the first five months of 2019, the number of tourist arrivals increased by 30.3 percent compared to the same period of 2018. Tourist Arrivals in Montenegro averaged 63347.22 from 2010 until 2019, reaching an all time high of 194968 in August of 2018 and a record low of 10322 in February of 2012.
Tourist Arrivals in Montenegro is expected to be 68500.00 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Tourist Arrivals in Montenegro to stand at 38800.00 in 12 months time. In the long-term, the Montenegro Tourist Arrivals is projected to trend around 44500.00 in 2020, according to our econometric models.