Current account balance as a proportion of GDP (%) in Montenegro
Montenegro: Current account balance as a proportion of GDP (%) was -17.0% in 2024. ◆ Volatile
Current account balance as a proportion of GDP in Montenegro, 2007–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
Montenegro recorded -17.0% for current account balance as a proportion of gdp in 2024.
That represents a change of down 52.4% on the previous year and down 36.3% over ten years.
Over the whole period, current account balance as a proportion of gdp in Montenegro peaked at -9.3% in 2021 and was at its lowest, -49.7%, in 2008.
Montenegro ranks 189th of 205 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance as a proportion of GDP (%) in Montenegro, year by year
| Year | % | Change |
|---|---|---|
| 2007 | -39.8% | — |
| 2008 | -49.7% | +24.9% |
| 2009 | -27.8% | -44.1% |
| 2010 | -20.6% | -25.9% |
| 2011 | -14.7% | -28.4% |
| 2012 | -15.7% | +6.3% |
| 2013 | -11.6% | -26.3% |
| 2014 | -12.5% | +7.7% |
| 2015 | -11.0% | -11.3% |
| 2016 | -16.2% | +47.0% |
| 2017 | -15.8% | -2.4% |
| 2018 | -17.4% | +9.5% |
| 2019 | -14.5% | -16.4% |
| 2020 | -26.2% | +80.5% |
| 2021 | -9.3% | -64.5% |
| 2022 | -13.1% | +40.8% |
| 2023 | -11.1% | -14.9% |
| 2024 | -17.0% | +52.4% |
Montenegro compared with similar countries
- Montenegro's -17.0% is below the median for upper middle income countries, which is -2.1%, 8.1× the median. (53 countries reporting)
- Montenegro's -17.0% is below the median for Europe & Central Asia, which is -0.7%, 24.0× the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -39.1% | -49.7% | -27.8% | 3 |
| 2010s | -15.0% | -20.6% | -11.0% | 10 |
| 2020s | -15.3% | -26.2% | -9.3% | 5 |
Countries ranked near Montenegro
More economy & growth data for Montenegro
- Real gdp growth, annual growth rate -14.66 % change on previous year (2025)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.15 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 4.46 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0103 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 151.96 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.5233 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0075 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 110.96 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -21.12 % change on previous year (2025)
Frequently asked questions
- What is current account balance as a proportion of gdp in Montenegro?
- Current account balance as a proportion of gdp in Montenegro was -17.0% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest current account balance as a proportion of gdp recorded in Montenegro?
- The highest recorded value was -9.3% in 2021.
- What is the lowest current account balance as a proportion of gdp recorded in Montenegro?
- The lowest recorded value was -49.7% in 2008.
- How does Montenegro rank for current account balance as a proportion of gdp?
- Montenegro ranks 189th out of 205 countries with data for 2024.
- Is current account balance as a proportion of gdp rising or falling in Montenegro?
- Over the last ten years it is down 36.3%. The long-run trend across the full record is volatile.
- Where does this Montenegro data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Current account balance as a proportion of GDP (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 18 observations, free to reuse under UN SDG Global Database (open, attribution requested).