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Montenegro


  *Forecast
Main Economic Indicators2008200920102011201220132014
Population, 1000 persons.629632619620...
GDP, real change in %6.9-5.72.52.02.03.0.
GDP per capita (EUR at PPP)10,8009,70010,200....
Gross industrial production, real change in %-2.0-32.217.5-10.3...
Unemployment rate - LFS, in %, average17.219.319.620.020.020.0.
Average gross monthly wages, EUR609643715722...
Consumer prices, % p.a.7.43.40.53.13.03.0.
Fiscal balance in % of GDP1.7-3.6-3.0-3.0...
Public debt in % of GDP29.038.240.944.0...
Current account in % of GDP-51.3-30.1-24.6-16.7-20.6-22.2.
FDI inflow, EUR mn6561,099574300...
Gross external debt in % of GDP15.623.529.430.3...

Last Update: 2012-02-04

*Forecasts are changed beginning of March, July and December. See Press Conferences.


II. Data by countries - Montenegro
in: wiiw Handbook of Statistics 2011: CD-ROM - Excel, wiiw Handbook of Statistics No. 2011, November 2011
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Individual chapter in Excel format of the Handbook of Statistics 2011 - Excel edition.
Economist
Vladimir Gligorov
Economist

e-mail: gligorov@wiiw.ac.at
Phone: (+43-1) 533 66 10-23

Balkan countries, in particular Serbia and Montenegro, Macedonia; long-term growth in transition countries; macroeconomic analysis, financial markets
Statistician
Beate Muck
Statistics

e-mail: muck@wiiw.ac.at
Phone: (+43-1) 533 66 10-41

Montenegro, Serbia; graphical artwork
Selected bibliography of wiiw researchers

Books (Monographs and editorship)
  • Whither growth in central and eastern Europe? (by Torbjörn Becker, Daniel Daianu, Zsolt Darvas, Vladimir Gligorov, Michael Landesmann, Pavle Petrovic, Jean Pisani-Ferry, Dariusz Rosati, André Sapir and Beatrice Weder di Mauro), Bruegel blueprint series, Vol. XI, Bruegel, Brussels, 2010
Pages: 1 2 3 4 5 6 7 8 9 10 ALL (99)
wiiw Handbook of Statistics 2011: Central, East and Southeast Europe
wiiw Handbook of Statistics No. 2011, November 2011
399 pages including 254 Tables and 117 Graphs
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18 countries covered in detail Time series given for 2000, 2005, 2007-2010, graphs range from 2006 to September 2011 Activity breakdown by NACE Rev. 2 classification included for the majority of countries Key indicators are now available also for neighbouring countries (AT, D) and for other cohesion countries (GR, IR, PT) allowing for easy cross-country comparisons ...more

wiiw Handbook of Statistics 2011: CD-ROM - Excel
wiiw Handbook of Statistics No. 2011, November 2011
30 Excel files including 8 Chapters and 18 Countries
DETAILS & BUY

The Handbook of Statistics - Excel version is published annually and contains revised, updated and expanded annual and monthly statistics. Time series and related tables are extracted from the Annual, Monthly and Foreign Direct Investment Databases maintained and regularly updated by wiiw. The download or CD-ROM includes: PDF (with identical content as the hardcopy). Content 18 countries covered in detail Time series in MS Excel format run from 1990-2010 (as far as available) New features: Activity breakdown by NACE Rev. 2 classification included for the majority of count...more

I. Cross-country overview
in: wiiw Handbook of Statistics 2011: CD-ROM - Excel, wiiw Handbook of Statistics No. 2011, November 2011
DETAILS & BUY

Individual chapter in Excel format of the Handbook of Statistics 2011 - Excel edition....more

II. Structural indicators - 1. Main economic indicators
in: wiiw Handbook of Statistics 2011: CD-ROM - Excel, wiiw Handbook of Statistics No. 2011, November 2011
DETAILS & BUY

Individual chapter in Excel format of the Handbook of Statistics 2011 - Excel edition. ...more

II. Structural indicators - 2. Gross domestic product by activities
in: wiiw Handbook of Statistics 2011: CD-ROM - Excel, wiiw Handbook of Statistics No. 2011, November 2011
DETAILS & BUY

Individual chapter in Excel format of the Handbook of Statistics 2011 - Excel edition....more

II. Structural indicators - 3. Employment by activities
in: wiiw Handbook of Statistics 2011: CD-ROM - Excel, wiiw Handbook of Statistics No. 2011, November 2011
DETAILS & BUY

Individual chapter in Excel format of the Handbook of Statistics 2011 - Excel edition....more

II. Structural indicators - 4. Labour productivity and wages by activities
in: wiiw Handbook of Statistics 2011: CD-ROM - Excel, wiiw Handbook of Statistics No. 2011, November 2011
DETAILS & BUY

Individual chapter in Excel format of the Handbook of Statistics 2011 - Excel edition....more

II. Structural indicators - 5. Gross domestic product by expenditure
in: wiiw Handbook of Statistics 2011: CD-ROM - Excel, wiiw Handbook of Statistics No. 2011, November 2011
DETAILS & BUY

Individual chapter in Excel format of the Handbook of Statistics 2011 - Excel edition....more

II. Structural indicators - 6. Gross fixed capital formation by type and activities
in: wiiw Handbook of Statistics 2011: CD-ROM - Excel, wiiw Handbook of Statistics No. 2011, November 2011
DETAILS & BUY

Individual chapter in Excel format of the Handbook of Statistics 2011 - Excel edition....more

II. Structural indicators - 7. Foreign trade in goods
in: wiiw Handbook of Statistics 2011: CD-ROM - Excel, wiiw Handbook of Statistics No. 2011, November 2011
DETAILS & BUY

Individual chapter in Excel format of the Handbook of Statistics 2011 - Excel edition....more

Pages: 1 2 3 4 5 6 7 8 9 10 ALL (99)
Recovery - in Low Gear across Tough Terrain: Gear Will be Even Lower and Terrain Tougher
(by Peter Havlik)
wiiw Press Conference, 29 November 2011, 10 a.m.
DETAILS FREE DOWNLOAD

Presentation of wiiw's latest growth forecast for the countries of Central, East and Southeast Europe for the period 2010-2013. Presentation of the new wiiw Handbook of Statistics 2011. ...more

Recovery: Limp and Battered
wiiw Press Conference, 7 July 2011, 10 a.m.
DETAILS FREE DOWNLOAD

The Vienna Institute for International Economic Studies (wiiw) has just published its latest Analyses and Forecasts. The report, titled Recovery: Limp and Battered, analyses current economic situation and medium-term forecast for the countries of Central, East and Southeast Europe. In 2011 the recovery will encompass all countries in the CESEE region – even the laggards that did not grow in 2010. However GDP growth will not accelerate much in countries where the recession ended already in 2010. Later on, GDP growth rates will stabilize throughout the whole region at around 4 to 5 pe...more

Recovery: Limp and Battered (press conference presentation in German)
wiiw Press Conference, 7 July 2011, 10 a.m.
DETAILS FREE DOWNLOAD

The Vienna Institute for International Economic Studies (wiiw) has just published its latest Analyses and Forecasts. The report, titled Recovery: Limp and Battered, analyses current economic situation and medium-term forecast for the countries of Central, East and Southeast Europe. In 2011 the recovery will encompass all countries in the CESEE region – even the laggards that did not grow in 2010. However GDP growth will not accelerate much in countries where the recession ended already in 2010. Later on, GDP growth rates will stabilize throughout the whole region at around 4 to 5 pe...more

Schuldendynamik, Finanzierungssalden, Ausgaben- und Sparverhalten (vor und nach der Finanzkrise)
(by Vladimir Gligorov, Mario Holzner, Michael Landesmann and Roman Römisch)
wiiw Press Conference, 7 July 2011, 10 a.m.
DETAILS FREE DOWNLOAD

In einem speziellen Kapitel („Debt dynamics, flow of funds and deleveraging“) des Konjunkturberichtes "Recovery: Limp and Battered" wird die Verschuldungsdynamik nach Sektoren (Haushalte, Unternehmen, Staat) vor und nach dem Ausbruch der Finanzkrise untersucht und mit den GIPS-Ländern (Griechenland, Irland, Portugal, Spanien) verglichen. Die Last der privaten Verschuldung hat wichtige Konsequenzen für das Ausgaben- und Sparverhalten des Haushalts- und Unternehmenssektors und damit für die Entwicklung der Inlandsnachfrage (Konsum und Investitionen). Dabei zeigen sich sehr unterschiedliche Muste...more

Debt dynamics, flow of funds and deleveraging
(by Vladimir Gligorov, Mario Holzner, Michael Landesmann and Roman Römisch)
wiiw Press Conference, 7 July 2011, 10 a.m.
DETAILS FREE DOWNLOAD

In a special chapter ("Debt dynamics, flow of funds and deleveraging") of the wiiw Forecast "Recovery: Limp and Battered", the debt developments of the private (households, corporate) and public sectors before and after the start of the financial crisis are examined and compared with those in the GIPS countries (Greece, Ireland, Portugal, Spain). The burden of the build-up of private sector debt before the crisis has important consequences for spending and savings behaviour of households and enterprises and hence for the development of domestic demand (consumption and investment). In this resp...more

Diverging Patterns of FDI Recovery (press conference presentation in German)
(by Gabor Hunya)
wiiw Press Conference, 7 June 2011, 10 a.m.
DETAILS FREE DOWNLOAD

The Vienna Institute for International Economic Studies (wiiw) presents an analysis of foreign direct investment (FDI) in 20 Central, East and Southeast European countries based on the latest update of its database. FDI is still of great importance for the development of CEECs especially as the domestic engines of economic growth are still weak, and fiscal consolidation drags on many of the economies. The economic recovery that has started in the region is mainly based on external demand, which has upgraded the role of foreign investors whose subsidiaries produce the main part of exp...more

Recovery - in Low Gear across Tough Terrain (press conference presentation in German)
wiiw Press Conference, 10 March 2011, 10 a.m.
DETAILS FREE DOWNLOAD

The Vienna Institute for International Economic Studies (wiiw) has just published its latest Analyses and Forecasts. The report, titled Recovery – in Low Gear across Tough Terrain, analyses current economic situation and medium-term forecast for the countries of Central, East and Southeast Europe. All Central, East and Southeast European (CESEE) countries will return to growth in 2011. The post-crisis GDP growth will be slower than before and not suffice to generate additional jobs. The role of external demand gradually weakens, while both household consumption and gross fixed inves...more

The global crisis and the countries of Central, East and Southeast Europe: discussion of economic impacts and outlook for the region (German)
(by Peter Havlik)
wiiw Press Conference, 18 November 2010, 10 a.m.
DETAILS FREE DOWNLOAD
Will exports prevail over austerity? (press conference presentation in German)
(by Vasily Astrov and Mario Holzner)
wiiw Press Conference, 8 July 2010, 10 a.m.
DETAILS FREE DOWNLOAD

The Vienna Institute for International Economic Studies (wiiw) has just published its latest Analyses and Forecasts. The report, titled Will exports prevail over austerity?, analyses current economic situation and medium-term forecast for the countries of Central, East and Southeast Europe, and China The Central, East and Southeast European (CESEE) economies will experience on average a minor rebound of economic growth to 1% in 2010 which will speed up to 2.5% in 2011 and 3.5% in 2012. GDP growth will be higher in the CIS countries and in Turkey, about average in the Central European N...more

FDI in the CEECs hit hard by the global crisis (press conference presentation in German)
(by Gabor Hunya)
wiiw Press Conference, 8 June 2010, 10 a.m.
DETAILS FREE DOWNLOAD
Crisis Is Over, but Problems Loom Ahead (press conference presentation in German)
(by Peter Havlik and Michael Landesmann)
wiiw Press Conference, 4 March 2010, 10 a.m.
DETAILS FREE DOWNLOAD

The Vienna Institute for International Economic Studies (wiiw) has just published its latest Analyses and Forecasts. The report, titled Crisis Is Over, but Problems Loom Ahead, analyses recent economic developments and short- and medium-term prospects of the countries of Central and Eastern Europe, Southeast Europe including Turkey, as well as Kazakhstan, Russia, Ukraine and China. Most countries in Central, East and Southeast Europe have emerged from the trough of the crisis already at the end of 2009. Several leading indicators point to a modest upswing. All countries in the regio...more

The global crisis and the countries of Central, East and Southeast Europe: discussion of economic impacts and outlook for the region (German)
(by Peter Havlik and Michael Landesmann)
wiiw Press Conference, 6 November 2009, 10 a.m.
DETAILS FREE DOWNLOAD
Current economic situation and medium-term forecast for the countries of Central, East and Southeast Europe (German)
(by Josef Pöschl and Sandor Richter)
wiiw Press Conference, 7 July 2009, 10 a.m.
DETAILS FREE DOWNLOAD

wiiw Monthly Database on Central, East and Southeast Europe

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LabelCountryChapterSubChapterUnitAvailable fromAvailable to
ga111tsax_uniMontenegroProductionIndustry (CDE - NACE Rev. 1)index real, monthly average, 2005 = 1002002m12011m11
ga111tsbxMontenegroProductionIndustry (CDE - NACE Rev. 1)index real, PP = 1002002m22011m11
ga111tscxMontenegroProductionIndustry (CDE - NACE Rev. 1)index real, CPPY = 1002003m12011m11
ga111tsdxMontenegroProductionIndustry (CDE - NACE Rev. 1)index real, CCPPY = 1002003m12011m11
gq111gsbxMontenegroLabourLabour productivity in industry (CDE - NACE Rev. 1)index real, PP = 1002004m22011m9
gq111gscxMontenegroLabourLabour productivity in industry (CDE - NACE Rev. 1)index real, CPPY = 1002005m12011m9
gq111gsdxMontenegroLabourLabour productivity in industry (CDE - NACE Rev. 1)index real, CCPPY = 1002005m12011m9
ge51_ta_qMontenegroLabourEmployed, LFSth persons, period average2008m32011m9
ge51_tsbx_qMontenegroLabourEmployed, LFSindex, PP = 1002008m62011m9
ge51_tscx_qMontenegroLabourEmployed, LFSindex, CPPY = 1002009m32011m9
ge51_tsdx_qMontenegroLabourEmployed, LFSindex, CCPPY = 1002009m32011m9
ge41_taMontenegroLabourEmployees total, registeredth persons, period average2004m12011m9
ge41_tsbxMontenegroLabourEmployees total, registeredindex, PP = 1002004m22011m9
ge41_tscxMontenegroLabourEmployees total, registeredindex, CPPY = 1002005m12011m9
ge41_tsdxMontenegroLabourEmployees total, registeredindex, CCPPY = 1002005m12011m9
ge411taMontenegroLabourEmployees in industry (CDE - NACE Rev. 1), registeredth persons, period average2004m12011m9
ge411tsbxMontenegroLabourEmployees in industry (CDE - NACE Rev. 1), registeredindex, PP = 1002004m22011m9
ge411tscxMontenegroLabourEmployees in industry (CDE - NACE Rev. 1), registeredindex, CPPY = 1002005m12011m9
ge411tsdxMontenegroLabourEmployees in industry (CDE - NACE Rev. 1), registeredindex, CCPPY = 1002005m12011m9
geu5_ta_qMontenegroLabourUnemployed, LFSth persons, period average2008m32011m9
geu5_tp_qMontenegroLabourUnemployment rate, LFSin %, period average2008m32011m9
geu1_teMontenegroLabourUnemployed, registeredth persons, end of period2004m12011m9
geu1_tpMontenegroLabourUnemployment rate, registeredin %, end of period2004m12011m9
gw11_tnMontenegroMonthly wagesGross wages, total economynational currency (including 'euro fixed' series for euro area countries)2004m12011m11
gw11_teMontenegroMonthly wagesGross wages, total economyEUR2004m12011m11
gw11_tcbxMontenegroMonthly wagesGross wages, total economyindex nominal, PP = 1002004m22011m11
gw11_tccxMontenegroMonthly wagesGross wages, total economyindex nominal, CPPY = 1002005m12011m11
gw11_tcdxMontenegroMonthly wagesGross wages, total economyindex nominal, CCPPY = 1002005m12011m11
gw11_tsbxMontenegroMonthly wagesGross wages, total economyindex real, PP = 1002004m22011m11
gw11_tscxMontenegroMonthly wagesGross wages, total economyindex real, CPPY = 1002005m12011m11
gw11_tsdxMontenegroMonthly wagesGross wages, total economyindex real, CCPPY = 1002005m12011m11
gw111teMontenegroMonthly wagesGross wages, industry (CDE - NACE Rev. 1)EUR2005m12011m9
gw111tcbxMontenegroMonthly wagesGross wages, industry (CDE - NACE Rev. 1)index nominal, PP = 1002005m22011m9
gw111tccxMontenegroMonthly wagesGross wages, industry (CDE - NACE Rev. 1)index nominal, CPPY = 1002006m12011m9
gw111tcdxMontenegroMonthly wagesGross wages, industry (CDE - NACE Rev. 1)index nominal, CCPPY = 1002006m12011m9
gw111tsbxMontenegroMonthly wagesGross wages, industry (CDE - NACE Rev. 1)index real, PP = 1002005m22011m9
gw111tscxMontenegroMonthly wagesGross wages, industry (CDE - NACE Rev. 1)index real, CPPY = 1002006m12011m9
gw111tsdxMontenegroMonthly wagesGross wages, industry (CDE - NACE Rev. 1)index real, CCPPY = 1002006m12011m9
gp1p1tsbMontenegroPricesConsumer pricesindex, PP = 1002002m12011m11
gp1p1tscxMontenegroPricesConsumer pricesindex, CPPY = 1002003m12011m11
gp1p1tsdxMontenegroPricesConsumer pricesindex, CCPPY = 1002003m12011m11
gp1p3tsbMontenegroPricesProducer prices in industry (CDE - NACE Rev. 1)index, PP = 1002001m12011m11
gp1p3tscxMontenegroPricesProducer prices in industry (CDE - NACE Rev. 1)index, CPPY = 1002001m12011m11
gp1p3tsdxMontenegroPricesProducer prices in industry (CDE - NACE Rev. 1)index, CCPPY = 1002002m12011m11
gfm11tnMontenegroDomestic financeM1 - Narrow money/ MoneyNCU mn, end of period (including 'euro fixed' series for euro area countries)2005m12008m12
gfm11tccxMontenegroDomestic financeM1 - Narrow money/ Moneyindex nominal, CPPY = 1002006m12008m12
gfm21tnMontenegroDomestic financeM2 - Intermediate money/ MoneyNCU mn, end of period (including 'euro fixed' series for euro area countries)2005m12008m12
gfm21tccxMontenegroDomestic financeM2 - Intermediate money/ Moneyindex nominal, CPPY = 1002006m12008m12
gfrr1tpMontenegroDomestic financeCentral bank policy rate% p.a., end of period2005m92011m9
gfrr1tcscxMontenegroDomestic financeCentral bank policy rate% p.a., real CPI defl., end of period2005m92011m9
gfrr1tpscxMontenegroDomestic financeCentral bank policy rate% p.a., real PPI defl., end of period2005m92011m9
gbg11nx_qMontenegroDomestic financeGeneral gov. budget - revenuesNCU mn (including 'euro fixed' series for euro area countries)2006m32011m6
gbg11nu_qMontenegroDomestic financeGeneral gov. budget - revenuesNCU mn, cumulated (including 'euro fixed' series for euro area countries)2006m32011m6
gbg21nx_qMontenegroDomestic financeGeneral gov. budget - expendituresNCU mn (including 'euro fixed' series for euro area countries)2006m32011m6
gbg21nu_qMontenegroDomestic financeGeneral gov. budget - expendituresNCU mn, cumulated (including 'euro fixed' series for euro area countries)2006m32011m6
gbg31nx_qMontenegroDomestic financeGeneral gov. budget - balanceNCU mn (including 'euro fixed' series for euro area countries)2006m32011m6
gbg31nux_qMontenegroDomestic financeGeneral gov. budget - balanceNCU mn, cumulated (including 'euro fixed' series for euro area countries)2006m32011m6
glacae_qMontenegroForeign financeCurrent accountEUR mn2004m32011m9
glacaeux_qMontenegroForeign financeCurrent accountEUR mn, cumulated2004m32011m9
gp2xecsbxMontenegroForeign financeExchange rate realEUR/NCU, index real CPI defl., PP = 1002002m12011m11
gp2xepsbxMontenegroForeign financeExchange rate realEUR/NCU, index real PPI defl., PP = 1002001m22011m11
gp2uscsbxMontenegroForeign financeExchange rate realUSD/NCU, index real CPI defl., PP = 1002002m12011m11
gp2uspsbxMontenegroForeign financeExchange rate realUSD/NCU, index real PPI defl., PP = 1002001m12011m11
gd2r2eeMontenegroForeign financeGross reserves of NB excl. goldEUR mn, end of period2005m12011m9
gxgge1nMontenegroForeign tradeExports total, fobEUR mn2008m12011m10
gxgge1nuxMontenegroForeign tradeExports total, fobEUR mn, cumulated2008m12011m10
gxeu27enMontenegroForeign tradeExports to EU(27), fobEUR mn2009m12011m10
gxeu27enuxMontenegroForeign tradeExports to EU(27), fobEUR mn, cumulated2009m12011m10
gmgge1nMontenegroForeign tradeImports total, cifEUR mn2008m12011m10
gmgge1nuxMontenegroForeign tradeImports total, cifEUR mn, cumulated2008m12011m10
gmeu27enMontenegroForeign tradeImports from EU(27), cifEUR mn2009m12011m10
gmeu27enuxMontenegroForeign tradeImports from EU(27), cifEUR mn, cumulated2009m12011m10
gbgge1nuXMontenegroForeign tradeBalance totalEUR mn, cumulated2008m12011m10
 
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