Current account balance — all countries

Current account balance — Montenegro

Current account balance in Montenegro in 2031 — -15.7%. Ranked 184 in the world out of 188. Since 2001, the indicator has fallen by 2.1 pp.

2031 -15.7% +0.3 pp vs 2030
World rank 184of 188
Period maximum -6.9%2003
Period minimum -49.5%2008

Trend over time

2001–2031 · % of GDP

Current account balance — Montenegro, 2001–2031-60-40-200200120042007201020132016201920222025202820312001: -13.6%2002: -11.5%2003: -6.9%2004: -7.2%2005: -16.7%2006: -31.7%2007: -40.1%2008: -49.5%2009: -27.8%2010: -20.3%2011: -14.9%2012: -15.3%2013: -11.5%2014: -12.4%2015: -11.1%2016: -16.3%2017: -16.3%2018: -17.2%2019: -14.4%2020: -26.3%2021: -9.3%2022: -12.9%2023: -11.2%2024: -17.1%2025: -20.5%2026: -19.4%2027: -18.3%2028: -17.6%2029: -16.5%2030: -16%2031: -15.7%
Change over the period: −2.1 pp Annual average: -0.07 pp

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: Montenegro

Montenegro -15.7%
World computed 0.28%
Europe & Central Asia computed 1.53%
Southern Europe computed 1.16%
Current account balance — Montenegro, by year Montenegro All countries CSV XLSX
Year % Change, pp
2031 -15.7 +0.3 pp
2030 -16 +0.5 pp
2029 -16.5 +1.1 pp
2028 -17.6 +0.7 pp
2027 -18.3 +1.1 pp
2026 -19.4 +1.1 pp
2025 -20.5 −3.4 pp
2024 -17.1 −5.9 pp
2023 -11.2 +1.7 pp
2022 -12.9 −3.6 pp
2021 -9.3 +17 pp
2020 -26.3 −11.9 pp
2019 -14.4 +2.8 pp
2018 -17.2 −0.9 pp
2017 -16.3 +0 pp
2016 -16.3 −5.2 pp
2015 -11.1 +1.3 pp
2014 -12.4 −0.9 pp
2013 -11.5 +3.8 pp
2012 -15.3 −0.4 pp
2011 -14.9 +5.4 pp
2010 -20.3 +7.5 pp
2009 -27.8 +21.7 pp
2008 -49.5 −9.4 pp
2007 -40.1 −8.4 pp
2006 -31.7 −15 pp
2005 -16.7 −9.5 pp
2004 -7.2 −0.3 pp
2003 -6.9 +4.6 pp
2002 -11.5 +2.1 pp
2001 -13.6

About the indicator

The current account balance of the balance of payments as a percent of GDP: trade in goods and services, primary income (interest, dividends, compensation of employees) and secondary income (transfers). A surplus means a country earns more abroad than it spends and is building up external assets; a persistent deficit has to be financed by an inflow of capital.

Source: World Economic Outlook (IMF), license IMF open data.