Budget balance — all countries

Budget balance — Montenegro

Budget balance in Montenegro in 2031 — -4.3%. Ranked 151 in the world out of 188. Since 2002, the indicator has fallen by 2.9 pp.

2031 -4.3% −0.3 pp vs 2030
World rank 151of 188
Period maximum 8.4%2007
Period minimum -10.9%2020

Trend over time

2002–2031 · % of GDP

Budget balance — Montenegro, 2002–2031-15-10-50510200220052008201120142017202020232026202920312002: -1.4%2003: -4.1%2004: -2.5%2005: -1.4%2006: 4.3%2007: 8.4%2008: -2.3%2009: -6.7%2010: -4.9%2011: -6.8%2012: -5.9%2013: -4.5%2014: -0.7%2015: -6%2016: -6.2%2017: -6.9%2018: -6.3%2019: -1.7%2020: -10.9%2021: -1.4%2022: -4%2023: 0.4%2024: -3.4%2025: -3.6%2026: -4%2027: -4%2028: -3.8%2029: -3.9%2030: -4%2031: -4.3%
Change over the period: −2.9 pp Annual average: -0.1 pp

Comparison, 2031

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

Montenegro -4.3%
World computed -4.85%
Europe & Central Asia computed -2.49%
Southern Europe computed -2.33%
Budget balance — Montenegro, by year Montenegro All countries CSV XLSX
Year % Change, pp
2031 -4.3 −0.3 pp
2030 -4 −0.1 pp
2029 -3.9 −0.1 pp
2028 -3.8 +0.2 pp
2027 -4 +0 pp
2026 -4 −0.4 pp
2025 -3.6 −0.2 pp
2024 -3.4 −3.8 pp
2023 0.4 +4.4 pp
2022 -4 −2.6 pp
2021 -1.4 +9.5 pp
2020 -10.9 −9.2 pp
2019 -1.7 +4.6 pp
2018 -6.3 +0.6 pp
2017 -6.9 −0.7 pp
2016 -6.2 −0.2 pp
2015 -6 −5.3 pp
2014 -0.7 +3.8 pp
2013 -4.5 +1.4 pp
2012 -5.9 +0.9 pp
2011 -6.8 −1.9 pp
2010 -4.9 +1.8 pp
2009 -6.7 −4.4 pp
2008 -2.3 −10.7 pp
2007 8.4 +4.1 pp
2006 4.3 +5.7 pp
2005 -1.4 +1.1 pp
2004 -2.5 +1.6 pp
2003 -4.1 −2.7 pp
2002 -1.4

About the indicator

Net lending or net borrowing of general government as a percent of GDP — what is commonly called the budget deficit, taken with a plus sign when there is a surplus. General government includes regions, local authorities and extrabudgetary funds, so the quantity is fuller than the balance of the central budget alone. The IMF series runs with a forecast several years ahead.

Important: Negative values are deficits. Accumulated deficits are what government debt is, so the two indicators are worth looking at together: a country can live with a deficit for years and carry a small debt all the same, if its economy grows faster.

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