Government Budget Value in Montenegro decreased to -217443988.18 EUR in the second quarter of 2020 from -70514119.46 EUR in the first quarter of 2020. source: Ministry Of Finance, Montenegro

Government Budget Value in Montenegro averaged -57178891.09 EUR from 2003 until 2020, reaching an all time high of 187654471.92 EUR in the third quarter of 2007 and a record low of -302735891.71 EUR in the fourth quarter of 2015. This page provides - Montenegro Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. Montenegro Government Budget Value - values, historical data and charts - was last updated on October of 2021.

Government Budget Value in Montenegro is expected to be -124249431.07 EUR by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Montenegro Government Budget Value is projected to trend around -124249431.35 EUR in 2022, according to our econometric models.

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Montenegro Government Budget Value


Montenegro Last Unit Reference Previous Highest Lowest
Government Budget Value -217443988.18 EUR Jun/20 -70514119.46 187654471.92 -302735891.71
Government Revenues 837077934.85 EUR Jun/20 423413994.27 2150870317.26 165905908.20
Fiscal Expenditure 1054521923.03 EUR Jun/20 493928113.73 2248459025.50 174130466.74


Montenegro Government Budget Value
The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues.