Government Budget in Montenegro increased to -2 percent of GDP in 2019 from -4.60 percent of GDP in 2018. source: Central Bank of Montenegro

Government Budget in Montenegro averaged -2.66 percent of GDP from 2006 until 2019, reaching an all time high of 6.60 percent of GDP in 2007 and a record low of -7.30 percent of GDP in 2015. This page provides - Montenegro Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Montenegro Government Budget - values, historical data and charts - was last updated on June of 2021.

Government Budget in Montenegro is expected to reach -3.60 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Montenegro Government Budget is projected to trend around 0.10 percent of GDP in 2022 and 1.00 percent of GDP in 2023, according to our econometric models.

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Montenegro Government Budget

Actual Previous Highest Lowest Dates Unit Frequency
-2.00 -4.60 6.60 -7.30 2006 - 2019 percent of GDP Yearly

Montenegro Government Last Previous Highest Lowest Unit
Government Debt to GDP 74.91 62.27 88.30 26.80 percent of GDP [+]
Government Budget -2.00 -4.60 6.60 -7.30 percent of GDP [+]
Government Budget Value -217443988.18 -70514119.46 187654471.92 -302735891.71 EUR [+]
Government Spending 278740.00 210719.00 283523.00 132118.00 EUR Thousand [+]
Government Revenues 837077934.85 423413994.27 2150870317.26 165905908.20 EUR [+]
Government Debt 3660.31 3664.55 3708.67 700.40 EUR Million [+]
Fiscal Expenditure 1054521923.03 493928113.73 2248459025.50 174130466.74 EUR [+]
Credit Rating 35.00 [+]
Military Expenditure 100.30 77.70 100.30 58.00 USD Million [+]


Montenegro Government Budget
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.