CFI Data on Montenegro
We offer a data-driven country report for Montenegro that explores inter alia population, international trading relationships, energy consumption, GDP growth, current account balances, and R&D investment. Additionally, CFI quotes from the Big Mac Index (courtesy of The Economist) which gives a rough idea of purchasing power parity. Other authoritative sources include The United Nations Conference on Trade and Development, The World Bank, and The International Money Fund. Visit us regularly for updates and new sources of key economic information on Montenegro.
Trade agreement information for Montenegro
Does Montenegro belong to any economic unions or free trade areas?
No
What bilateral trade deals are there between Montenegro and other countries and economic unions?
Central European Free Trade Agreement (from 01/05/2007)
Turkey - Montenegro free trade agreement (from 01/03/2010)
EU - Montenegro Stabilisation and Association Agreement (from 01/05/2010)
EFTA - Montenegro Free Trade Agreement (from 01/11/2012)
Ukraine - Montenegro free trade agreement (from 01/01/2013)
Implementation dates might vary according to the date of the United Kindom's exit from the European UnionTrade between Montenegro and the United Kingdom
Source: UK Office for National Statistics, October 2019.
Contains public sector information licensed under the Open Government Licence v3.0.
Its population in 2018 was 629,219 [1]
In 2015, 43.00% of its total energy
consumption was renewable [2]
In 2018, its GDP grew by 4.85% [2]
In 2018 it had a negative Current
Account Balance of US$bn0.90 [3]
Its Expenditure on R&D (as a percentage of
GDP) in 2015 was 0.37% [2]
Data sources