Travel services in Montenegro
Montenegro: Travel services was 55.6% in 2025. ▼ Falling
Travel services in Montenegro, 2007–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of service exports, BoP.
Analysis
The most recent figure for travel services in Montenegro is 55.6%, measured in 2025.
The figure is up 1.8% on the previous year and down 17.1% over ten years.
Over the whole period, travel services in Montenegro peaked at 70.7% in 2009 and was at its lowest, 21.3%, in 2020.
Montenegro ranks 53rd of 198 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 19 years of available data.
Travel services in Montenegro, year by year
| Year | % of service exports, BoP | Change |
|---|---|---|
| 2007 | 67.5% | — |
| 2008 | 68.2% | +0.9% |
| 2009 | 70.7% | +3.8% |
| 2010 | 68.0% | -3.8% |
| 2011 | 68.9% | +1.2% |
| 2012 | 67.2% | -2.4% |
| 2013 | 66.8% | -0.6% |
| 2014 | 66.3% | -0.8% |
| 2015 | 67.0% | +1.1% |
| 2016 | 66.8% | -0.3% |
| 2017 | 67.0% | +0.3% |
| 2018 | 63.9% | -4.7% |
| 2019 | 64.3% | +0.7% |
| 2020 | 21.3% | -66.9% |
| 2021 | 47.5% | +123.2% |
| 2022 | 45.6% | -4.1% |
| 2023 | 54.7% | +19.9% |
| 2024 | 54.6% | -0.1% |
| 2025 | 55.6% | +1.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 68.8% | 67.5% | 70.7% | 3 |
| 2010s | 66.6% | 63.9% | 68.9% | 10 |
| 2020s | 46.5% | 21.3% | 55.6% | 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 travel services in Montenegro?
- Travel services in Montenegro was 55.6% in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest travel services recorded in Montenegro?
- The highest recorded value was 70.7% in 2009.
- What is the lowest travel services recorded in Montenegro?
- The lowest recorded value was 21.3% in 2020.
- How does Montenegro rank for travel services?
- Montenegro ranks 53rd out of 198 countries with data for 2025.
- Is travel services rising or falling in Montenegro?
- Over the last ten years it is down 17.1%. The long-run trend across the full record is falling.
- Where does this Montenegro data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Travel services (% of service exports, BoP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Travel services cover goods and services for own use or to give away acquired from an economy by nonresidents during visits to that economy, or acquired from other economies by residents during visits to these other economies. This indicator is expressed as a percentage of service exports which are services provided by residents to non-residents.