External balance on goods and services in Montenegro
Montenegro: External balance on goods and services was -2.05 billion constant LCU in 2025. ▼ Falling
External balance on goods and services in Montenegro, 2010–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
In 2025, external balance on goods and services in Montenegro stood at -2.05 billion constant LCU. That is the lowest value across all 16 years on record.
Compared with earlier readings it is down 9.8% on the previous year and down 201.7% over ten years.
Over the whole period, external balance on goods and services in Montenegro peaked at -614.11 million constant LCU in 2013 and was at its lowest, -2.05 billion constant LCU, in 2025.
That places Montenegro 78th out of 161 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently falling across the 16 years of available data.
External balance on goods and services in Montenegro, year by year
| Year | constant LCU | Change |
|---|---|---|
| 2010 | -793.83 million constant LCU | — |
| 2011 | -631.96 million constant LCU | -20.4% |
| 2012 | -654.98 million constant LCU | +3.6% |
| 2013 | -614.11 million constant LCU | -6.2% |
| 2014 | -667.55 million constant LCU | +8.7% |
| 2015 | -679.96 million constant LCU | +1.9% |
| 2016 | -1.02 billion constant LCU | +49.9% |
| 2017 | -1.20 billion constant LCU | +17.5% |
| 2018 | -1.34 billion constant LCU | +12.0% |
| 2019 | -1.33 billion constant LCU | -0.8% |
| 2020 | -1.45 billion constant LCU | +9.2% |
| 2021 | -1.15 billion constant LCU | -20.7% |
| 2022 | -1.48 billion constant LCU | +28.5% |
| 2023 | -1.59 billion constant LCU | +7.2% |
| 2024 | -1.87 billion constant LCU | +17.8% |
| 2025 | -2.05 billion constant LCU | +9.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | -893.28 million constant LCU | -1.34 billion constant LCU | -614.11 million constant LCU | 10 |
| 2020s | -1.60 billion constant LCU | -2.05 billion constant LCU | -1.15 billion constant LCU | 6 |
Countries ranked near Montenegro
- 75 Venezuela, Bolivarian Republic of -1.38 billion constant LCU compare
- 76 Latvia -1.60 billion constant LCU compare
- 77 Kosovo -2.01 billion constant LCU compare
- 79 Sao Tome and Principe -2.57 billion constant LCU compare
- 80 South Sudan -2.80 billion constant LCU compare
- 81 Guam -3.30 billion constant LCU compare
More economy & growth data for Montenegro
- 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)
- GNI, Atlas method (current US$), annual growth rate 15.75 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.9548 current US$ per US$ of GDP (2025)
- GNI, Atlas method (current US$), per capita 14,148 current US$ per person (2025)
- GNI (current US$), annual growth rate 12.76 % change on previous year (2025)
- GNI (current US$), per unit of GDP 1.01 current US$ per US$ of GDP (2025)
- GNI (current US$), per capita 14,931 current US$ per person (2025)
- GNI (current LCU), annual growth rate 8.01 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 0.8918 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is external balance on goods and services in Montenegro?
- External balance on goods and services in Montenegro was -2.05 billion constant LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest external balance on goods and services recorded in Montenegro?
- The highest recorded value was -614.11 million constant LCU in 2013.
- What is the lowest external balance on goods and services recorded in Montenegro?
- The lowest recorded value was -2.05 billion constant LCU in 2025.
- How does Montenegro rank for external balance on goods and services?
- Montenegro ranks 78th out of 161 countries with data for 2025.
- Is external balance on goods and services rising or falling in Montenegro?
- Over the last ten years it is down 201.7%. The long-run trend across the full record is falling.
- Where does this Montenegro data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of External balance on goods and services (constant LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 16 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.