Montenegro Government Budget Value2022 Data - 2023 Forecast - 2003-2021 Historical

Name: Montenegro Government Budget Value
Creator: TRADING ECONOMICS
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Keywords: Montenegro,Government Budget Value,data,chart,actual,historical,values,calendar,forecast,graph,2021,2022,2023

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 June of 2022.

Government Budget Value in Montenegro is expected to be -124249431.35 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 2023, according to our econometric models.

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Related	Last	Previous	Unit	Reference
Government Budget Value	-217443988.18	-70514119.46	EUR	Jun 2020
Government Revenues	837077934.85	423413994.27	EUR	Jun 2020
Fiscal Expenditure	1054521923.03	493928113.73	EUR	Jun 2020

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.