External balance on goods and services (current LCU), annual growth in Montenegro

Montenegro: External balance on goods and services (current LCU), annual growth was -22.11 % change on previous year in 2025. ◆ Volatile

Latest (2025)
-22.11 % change on previous year
Change on year
up 31.6%
World rank
131st
of 192 countries
All-time high
44.32 % change on previous year
in 2009
All-time low
-151.48 % change on previous year
in 2006
Years of data
25
2001–2025

External balance on goods and services (current LCU), annual growth in Montenegro, 2001–2025

-150-100-500502001201320252001: -100.3 % change on previous year2002: -9.3 % change on previous year2003: 25.9 % change on previous year2004: -8.5 % change on previous year2005: -18.6 % change on previous year2006: -151.5 % change on previous year2007: -43.7 % change on previous year2008: -43.9 % change on previous year2009: 44.3 % change on previous year2010: 13.8 % change on previous year2011: 10.8 % change on previous year2012: -8.9 % change on previous year2013: 12.4 % change on previous year2014: -1.6 % change on previous year2015: 1.6 % change on previous year2016: -31.7 % change on previous year2017: -13.5 % change on previous year2018: -10.3 % change on previous year2019: 5.9 % change on previous year2020: -40 % change on previous year2021: 34.6 % change on previous year2022: -41.1 % change on previous year2023: 4.2 % change on previous year2024: -32.3 % change on previous year2025: -22.1 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for external balance on goods and services (current lcu), annual growth in Montenegro is -22.11 % change on previous year, measured in 2025.

The figure is up 31.6% on the previous year and down 1,454.5% over ten years.

Over the whole period, external balance on goods and services (current lcu), annual growth in Montenegro peaked at 44.32 % change on previous year in 2009 and was at its lowest, -151.48 % change on previous year, in 2006.

Montenegro ranks 131st of 192 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

External balance on goods and services (current LCU), annual growth in Montenegro, year by year

Annual values for External balance on goods and services (current LCU), annual growth rate in Montenegro, 2001 to 2025.
Year % change on previous year Change
2001 -100.31 % change on previous year
2002 -9.29 % change on previous year -90.7%
2003 25.85 % change on previous year -378.2%
2004 -8.48 % change on previous year -132.8%
2005 -18.58 % change on previous year +119.2%
2006 -151.48 % change on previous year +715.1%
2007 -43.67 % change on previous year -71.2%
2008 -43.92 % change on previous year +0.6%
2009 44.32 % change on previous year -200.9%
2010 13.81 % change on previous year -68.8%
2011 10.8 % change on previous year -21.8%
2012 -8.93 % change on previous year -182.7%
2013 12.44 % change on previous year -239.3%
2014 -1.58 % change on previous year -112.7%
2015 1.63 % change on previous year -203.4%
2016 -31.67 % change on previous year -2039.8%
2017 -13.47 % change on previous year -57.5%
2018 -10.35 % change on previous year -23.1%
2019 5.92 % change on previous year -157.2%
2020 -40.01 % change on previous year -775.7%
2021 34.56 % change on previous year -186.4%
2022 -41.11 % change on previous year -219.0%
2023 4.16 % change on previous year -110.1%
2024 -32.32 % change on previous year -877.3%
2025 -22.11 % change on previous year -31.6%

Averages by decade

DecadeAverage LowestHighest Years
2000s -33.95 % change on previous year -151.48 % change on previous year 44.32 % change on previous year 9
2010s -2.14 % change on previous year -31.67 % change on previous year 13.81 % change on previous year 10
2020s -16.14 % change on previous year -41.11 % change on previous year 34.56 % change on previous year 6

Countries ranked near Montenegro

  1. 128 Somalia -19.11 % change on previous year compare
  2. 129 Morocco -19.48 % change on previous year compare
  3. 130 French Polynesia -21.77 % change on previous year compare
  4. 132 Hong Kong, China -22.25 % change on previous year compare
  5. 133 Poland -23.5 % change on previous year compare
  6. 134 Republic of Moldova -23.56 % change on previous year compare

See the full ranking of 192 places →

More economy & growth data for Montenegro

All data for Montenegro →

Frequently asked questions

What is external balance on goods and services (current lcu), annual growth in Montenegro?
External balance on goods and services (current lcu), annual growth in Montenegro was -22.11 % change on previous year in 2025, according to Statizoid (derived).
What is the highest external balance on goods and services (current lcu), annual growth recorded in Montenegro?
The highest recorded value was 44.32 % change on previous year in 2009.
What is the lowest external balance on goods and services (current lcu), annual growth recorded in Montenegro?
The lowest recorded value was -151.48 % change on previous year in 2006.
How does Montenegro rank for external balance on goods and services (current lcu), annual growth?
Montenegro ranks 131st out of 192 countries with data for 2025.
Is external balance on goods and services (current lcu), annual growth rising or falling in Montenegro?
Over the last ten years it is down 1,454.5%. The long-run trend across the full record is volatile.
Where does this Montenegro data come from?
The figures come from Statizoid (derived), published as part of External balance on goods and services (current LCU), annual growth rate. Statizoid updates them automatically from the source API.

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External balance on goods and services (current LCU), annual growth in Montenegro. Statizoid, drawing on Statizoid (derived). Retrieved 04 September 2026, from https://economy.statizoid.com/stat/external-balance-on-goods-and-services-current-lcu-annual-growth-rate/montenegro/

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<a href="https://economy.statizoid.com/stat/external-balance-on-goods-and-services-current-lcu-annual-growth-rate/montenegro/">External balance on goods and services (current LCU), annual growth in Montenegro</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in External balance on goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
External balance on goods and services (current LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
192 places, 8,589 data points, 1961–2025
Last refreshed

The year-on-year percentage change in External balance on goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.