Net secondary income (Net current transfers from abroad) in Montenegro
Montenegro: Net secondary income (Net current transfers from abroad) was 70.34 million constant LCU in 2013. ▼ Falling
Net secondary income (Net current transfers from abroad) in Montenegro, 2000–2013
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
The most recent figure for net secondary income (net current transfers from abroad) in Montenegro is 70.34 million constant LCU, measured in 2013.
Compared with earlier readings it is down 3.1% on the previous year and up 56.7% over ten years.
Over the whole period, net secondary income (net current transfers from abroad) in Montenegro peaked at 119.17 million constant LCU in 2001 and was at its lowest, 37.24 million constant LCU, in 2007.
Montenegro ranks 93rd of 125 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 14 years of available data.
Net secondary income (Net current transfers from abroad) in Montenegro, year by year
| Year | constant LCU | Change |
|---|---|---|
| 2000 | 69.27 million constant LCU | — |
| 2001 | 119.17 million constant LCU | +72.0% |
| 2002 | 72.47 million constant LCU | -39.2% |
| 2003 | 44.90 million constant LCU | -38.0% |
| 2004 | 46.00 million constant LCU | +2.5% |
| 2005 | 104.71 million constant LCU | +127.7% |
| 2006 | 61.45 million constant LCU | -41.3% |
| 2007 | 37.24 million constant LCU | -39.4% |
| 2008 | 43.92 million constant LCU | +17.9% |
| 2009 | 48.01 million constant LCU | +9.3% |
| 2010 | 62.72 million constant LCU | +30.6% |
| 2011 | 62.84 million constant LCU | +0.2% |
| 2012 | 72.60 million constant LCU | +15.5% |
| 2013 | 70.34 million constant LCU | -3.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 64.71 million constant LCU | 37.24 million constant LCU | 119.17 million constant LCU | 10 |
| 2010s | 67.12 million constant LCU | 62.72 million constant LCU | 72.60 million constant LCU | 4 |
Countries ranked near Montenegro
- 90 Trinidad and Tobago 154.64 million constant LCU compare
- 91 Turkmenistan 133.65 million constant LCU compare
- 92 Barbados 77.78 million constant LCU
- 94 Belize 65.77 million constant LCU compare
- 95 Bahamas 29.58 million constant LCU compare
- 96 Luxembourg 1.34 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)
- Services, value added (constant LCU), per capita 4,801 constant LCU per person (2025)
- GDP deflator (base year varies by country), annual growth rate 4.03 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 9.56 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.78 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 11,557 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 4.94 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 0.6903 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 10,228 current LCU per person (2025)
Frequently asked questions
- What is net secondary income (net current transfers from abroad) in Montenegro?
- Net secondary income (net current transfers from abroad) in Montenegro was 70.34 million constant LCU in 2013, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest net secondary income (net current transfers from abroad) recorded in Montenegro?
- The highest recorded value was 119.17 million constant LCU in 2001.
- What is the lowest net secondary income (net current transfers from abroad) recorded in Montenegro?
- The lowest recorded value was 37.24 million constant LCU in 2007.
- How does Montenegro rank for net secondary income (net current transfers from abroad)?
- Montenegro ranks 93rd out of 125 countries with data for 2013.
- Is net secondary income (net current transfers from abroad) rising or falling in Montenegro?
- Over the last ten years it is up 56.7%. 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 Offices (NSOs), published as part of Net secondary income (Net current transfers from abroad) (constant LCU). Statizoid updates them automatically from the source API.
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About this data
Net secondary income (from abroad) comprises transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net secondary income is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. 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.