Montenegro recorded a Current Account deficit of 246849.35 EUR Thousand in the second quarter of 2021. source: Central Bank of Montenegro

Current Account in Montenegro averaged -156124.43 EUR Thousand from 2003 until 2021, reaching an all time high of 292018.31 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. Montenegro Current Account - data, historical chart, forecasts and calendar of releases - was last updated on October of 2021.

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. In the long-term, the Montenegro Current Account is projected to trend around -60589.43 EUR Thousand in 2022 and -59094.38 EUR Thousand in 2023, according to our econometric models.

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Montenegro Current Account

Calendar GMT Actual Previous Consensus TEForecast
2021-05-20 10:00 AM Q1 €-160M €-229M
2021-08-19 11:00 AM Q2 €-246M €-162M
2021-11-19 12:00 PM Q3 €-246M

Montenegro Last Unit Reference Previous Highest Lowest
Current Account -246849.35 EUR Thousand Jun/21 -161851.00 292018.31 -493338.85
Current Account to GDP -25.90 percent of GDP Dec/20 -15.00 -7.40 -44.23
Imports 240322.00 EUR Thousand Aug/21 268088.00 268088.00 65303.70
Capital Flows -112686.79 EUR Thousand Jun/21 -93078.47 542738.38 -414015.89
Remittances 92899.00 EUR Thousand Jun/21 73697.00 92899.00 35725.82
Foreign Direct Investment 663046.12 EUR Thousand Dec/20 778472.34 1223999.76 479191.48

Montenegro Current Account
Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid).