Montenegro gdp growth annual

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Montenegro gdp growth annual: 4.3 (-34.85%)
Last Update: December 31, 2023

Montenegro gdp growth annual closed down 4.3 as of December 31, 2023 from 6.6 from the previous month and -7.5 from last year.


Montenegro gdp growth annual Analytics & Data




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Montenegro gdp growth annual

Date Values
2023-12-31 4.3
2023-09-30 6.6
2023-06-30 6.9
2023-03-31 6.2
2022-12-31 3.6
2022-09-30 3.6
2022-06-30 13
2022-03-31 7.3
2021-12-31 9
2021-09-30 26.6
2021-06-30 19
2021-03-31 -6.4
2020-12-31 -7.5
2020-09-30 -26.9
2020-06-30 -20.3
2020-03-31 2.6
2019-12-31 3.7
2019-09-30 5.2
2019-06-30 3.6
2019-03-31 3.2


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Montenegro gdp growth annual Statistics


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope Percentile Update
gdp growth annual me.gdpgrowthan 4.3 6.6 -35 -157 Down UP 0 2023-12-31

Montenegro gdp growth annual Factors

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What is the Montenegro gdp growth annual

Montenegro GDP Growth Annual: Current and Historical Data, Trends, and Analytics

Welcome to our webpage showcasing comprehensive data and analysis on Montenegro's GDP growth annual. Here, you can find current and historical data, trends, signals, analytics, and charts that provide valuable insights into Montenegro's economic performance.

What is Montenegro GDP Growth Annual?

Gross Domestic Product (GDP) growth annual represents the percentage change in the value of all final goods and services produced within Montenegro over a one-year period. It is a crucial measure of the country's economic health and prosperity, reflecting the overall growth rate of its economy.

Interpreting Montenegro GDP Growth Annual:

Montenegro GDP growth annual serves as a key indicator for evaluating the economic performance and trajectory of the country. Positive growth rates indicate an expanding economy, characterized by increased production, consumption, and employment opportunities. Conversely, negative growth rates indicate an economic contraction, potentially leading to reduced business activities and employment.

Analyzing Montenegro GDP Growth Annual:

To support your analysis, we provide a range of tools and features:

1. Current and Historical Data: Access up-to-date, accurate, and reliable data on Montenegro's GDP growth annual. Explore historical trends and track how the economy has evolved over time.

2. Trends and Signals: Identify patterns and trends within the data. Our advanced analytics highlight signals such as periods of rapid growth, economic downturns, and potential turning points.

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Montenegro Macroeconomic Indicators

Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope Percentile Update
balance of trade me.balanceoftrade -282853 -306288 -8 13 Down Down 56 2023-11-30
building permits me.buildingpermits 96 101 -5 39 UP UP 0 2023-12-31
consumer price index cpi me.cpi 135.8 135.2 0 6 UP UP 65 2024-03-31
current account me.currentaccount -422384 193100 -319 161 Down Down 97 2024-03-31
current account to gdp me.currentaccountgdp -13.2 -9.2 43 -32 UP UP 0 2023-01-31
exports me.exports 41845.8 41060.9 2 -3 Down Down 37 2023-08-31
fiscal expenditure me.fiscalexp 1054520000 493928000 113 21 Down UP 0 2020-06-30
gdp me.gdp 5.81 4.78 22 40 UP UP 0 2021-01-31
Real GDP me.realgdp 1653.65 1991.76 -17 43 UP UP 0 2023-12-31
gdp growth annual me.gdpgrowthan 4.3 6.6 -35 -157 Down UP 0 2023-12-31
government budget me.govbudget 0.2 -5.1 -104 -105 UP UP 0 2023-01-31
Government budget me.govbudgetvalue -217444000 -70514100 208 110 Down Down 0 2020-06-30
government debt me.govdebt 4059.91 3986.76 2 -6 UP Down 0 2023-12-31
government debt to gdp me.govdebtgdp 60.3 70.8 -15 33 Down UP 0 2023-01-31
government revenues me.govrev 837078000 423414000 98 9 Down UP 0 2020-06-30
imports me.imports 349591 335974 4 -4 UP Down 28 2023-08-31
industrial production me.indproduction -9.2 9.4 -198 475 Down Down 93 2024-01-31
industrial production mom me.indproductionmm 9.8 -14.9 -166 -132 UP UP 25 2024-01-31
inflation cpi me.inflationcpi 5.5 4.3 28 -66 Down Down 53 2024-01-31
long term unemployment rate me.ltunemploymentrate 15.7 12.7 24 22 UP UP 0 2020-12-31
Producer Price Index me.producerprices 206.5 202.1 2 7 UP UP 79 2023-07-31
PPI Index me.producerpricesch 1.2 2 -40 -90 Down Down 32 2024-02-29
retail sales MoM me.retailsales 10.3 -29.9 -134 -132 UP UP 10 2024-01-31
retail sales yoy me.retailsalesan 10 10.3 -3 -32 UP Down 62 2024-01-31
unemployment rate me.unemploymentrate 13.27 13.38 -1 -31 Down Down 3 2024-01-31
Construction sector me.esi.constr 10.8 10.3 5 -214 UP UP 0 2023-06-30
Consumer sector me.esi.cons 6.8 6 13 -140 UP UP 5 2023-06-30
Manufacturing sector me.esi.man 5.5 6.1 -10 10 UP UP 78 2023-06-30
Retail sector me.esi.ret 22.7 19.4 17 328 UP UP 98 2023-06-30
Services sector me.esi.serv 22.1 18.6 19 146 UP UP 97 2023-06-30
ESI - Economic Composite me.esi.conf 111.5 113.9 -2 33 UP UP 88 2022-02-28