External balance on goods and services in Montenegro
Montenegro: External balance on goods and services was -2.10 billion current LCU in 2025. ◆ Volatile
External balance on goods and services in Montenegro, 2000–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
The most recent figure for external balance on goods and services in Montenegro is -2.10 billion current LCU, measured in 2025. That is the lowest value across all 26 years on record.
Compared with earlier readings it is down 22.1% on the previous year and down 210.5% over ten years.
Over the whole period, external balance on goods and services in Montenegro peaked at -152.34 million current LCU in 2000 and was at its lowest, -2.10 billion current LCU, in 2025.
Montenegro ranks 97th of 193 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 in Montenegro, year by year
| Year | current LCU | Change |
|---|---|---|
| 2000 | -152.34 million current LCU | — |
| 2001 | -305.16 million current LCU | +100.3% |
| 2002 | -333.52 million current LCU | +9.3% |
| 2003 | -247.30 million current LCU | -25.9% |
| 2004 | -268.26 million current LCU | +8.5% |
| 2005 | -318.11 million current LCU | +18.6% |
| 2006 | -799.98 million current LCU | +151.5% |
| 2007 | -1.15 billion current LCU | +43.7% |
| 2008 | -1.65 billion current LCU | +43.9% |
| 2009 | -921.02 million current LCU | -44.3% |
| 2010 | -793.83 million current LCU | -13.8% |
| 2011 | -708.13 million current LCU | -10.8% |
| 2012 | -771.37 million current LCU | +8.9% |
| 2013 | -675.39 million current LCU | -12.4% |
| 2014 | -686.06 million current LCU | +1.6% |
| 2015 | -674.86 million current LCU | -1.6% |
| 2016 | -888.58 million current LCU | +31.7% |
| 2017 | -1.01 billion current LCU | +13.5% |
| 2018 | -1.11 billion current LCU | +10.3% |
| 2019 | -1.05 billion current LCU | -5.9% |
| 2020 | -1.47 billion current LCU | +40.0% |
| 2021 | -959.07 million current LCU | -34.6% |
| 2022 | -1.35 billion current LCU | +41.1% |
| 2023 | -1.30 billion current LCU | -4.2% |
| 2024 | -1.72 billion current LCU | +32.3% |
| 2025 | -2.10 billion current LCU | +22.1% |
Montenegro compared with similar countries
- Montenegro's -2.10 billion current LCU is above the median for upper middle income countries, which is -2.10 billion current LCU, 1.0× the median. (53 countries reporting)
- Montenegro's -2.10 billion current LCU is below the median for Europe & Central Asia, which is 96.00 million current LCU. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -614.91 million current LCU | -1.65 billion current LCU | -152.34 million current LCU | 10 |
| 2010s | -836.57 million current LCU | -1.11 billion current LCU | -674.86 million current LCU | 10 |
| 2020s | -1.48 billion current LCU | -2.10 billion current LCU | -959.07 million current LCU | 6 |
Countries ranked near Montenegro
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 75.12 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0081 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 120.56 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 676.19 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 12.81 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0732 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,085 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 26.12 % change on previous year (2025)
Frequently asked questions
- What is external balance on goods and services in Montenegro?
- External balance on goods and services in Montenegro was -2.10 billion current 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 -152.34 million current LCU in 2000.
- What is the lowest external balance on goods and services recorded in Montenegro?
- The lowest recorded value was -2.10 billion current LCU in 2025.
- How does Montenegro rank for external balance on goods and services?
- Montenegro ranks 97th out of 193 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 210.5%. The long-run trend across the full record is volatile.
- 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 (current LCU). Statizoid updates them automatically from the source API.
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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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.