Current Account Balance in Montenegro
The current account balance averaged -14.7% of GDP in the decade to 2022, with the 2022 reading being USD -12.9% of GDP. For more current account information, visit our dedicated page.
Montenegro Current Account Chart
Note: This chart displays Current Account Balance (% of GDP) for Montenegro from 2019 to 2018.
Source: Macrobond.
Montenegro Current Account Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Current Account Balance (% of GDP) | -14.3 | -26.1 | -9.2 | -12.9 | -11.4 |
| Current Account Balance (EUR bn) | -0.7 | -1.1 | -0.5 | -0.8 | -0.8 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Montenegrin current account projections for the next ten years from a panel of 8 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable current account forecast available for Montenegrin current account.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Montenegrin current account projections.
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