Population: 621 thousand in 20131
GDP: $4.4 billion in 20132
GDP per capita: $7,107 nominal3 ($14,318 PPP4) in 2013
GDP growth rate: 3.3% in 20135
GDP by Industry 20126
| Industry sector | Value added ($ millions) 2012 | Percent of total |
| Other activities | 1,452 | 38.6% |
| Wholesale, retail trade, restaurants and hotels | 832 | 22.1% |
| Transport, storage and communication | 439 | 11.7% |
| Agriculture, hunting, forestry, fishing | 357 | 9.5% |
| Mining and utilities | 234 | 6.2% |
| Manufacturing | 226 | 6.0% |
| Construction | 220 | 5.8% |
| Total value added | 3,760 | 100% |
Unemployment rate: 19.8% in 20137
Employment by Industry 20138
| Employment sector | Employees (thousands) 2013 | Percent of total |
| Wholesale trade, retail trade and repair of motor vehicles | 48 | 23.7% |
| Public administration and defence | 21 | 10.2% |
| Accommodation and food service | 17 | 8.6% |
| Manufacturing | 15 | 7.2% |
| Education | 13 | 6.5% |
| Human health and social work | 12 | 5.7% |
| Construction | 12 | 5.9% |
| Transportation and storage | 11 | 5.7% |
| Professional, scientific and technical | 9 | 4.4% |
| Agriculture, forestry and fishing | 9 | 4.5% |
| Arts, entertainment and recreation | 5 | 2.5% |
| Administrative and support service | 5 | 2.6% |
| Information and communication | 5 | 2.5% |
| Water supply, sewerage and waste management | 5 | 2.3% |
| Finance and insurance | 4 | 2.2% |
| Electricity, gas, steam and air conditioning | 3 | 1.5% |
| Mining and quarrying | 2 | 0.9% |
| Real estate | 1 | 0.4% |
| Total employment | 202 | 100% |
Top 10 Corporations by Revenue 20139
N/A
Household Wealth: $10 billion (227% of GDP) in 201410
Household Wealth per Adult: $21,567 in 201410
Gini Coefficient: .286 in 201311
Central Government
Central Government Revenue: $1.68 billion (38% of GDP) in 201212
Central Government Expenditure: $1.58 billion (36% of GDP) in 201212
Central Government Budget Balance: +$0.10 billion (+2% of GDP) in 201212
Central Government Public Debt: $2.30 billion (52% of GDP) in 2014* 13
Central Government 5 Year Bond Interest Rate: 5.50% in May 201414
* Public debt calculated using the exchange rate .879 EUR = 1 USD
Government Funds
N/A
Tax Structure
Individual Income Tax Rates and Thresholds in 201315
Corporate Tax Rate: 9% in 201416
Money Supply (Euro area, M1): $6.61 trillion in Nov 2014* 17
Benchmark Interest Rate (Euro area): Main Refinancing rate = 0.05% in Sept 201418
Total Reserves: $583 million (13% of GDP) in 201319
Exchange Rate: 0.879 Euros = 1 U.S. Dollar on Feb 19, 201520
Inflation: 2.1% in 201321
* Money supply calculated using the exchange rate .879 EUR = 1 USD
Top 10 Financial Institutions by Assets 201322
N/A (data not available at Relbanks.com)
Exports: $0.5 billion (11% of GDP) in 201323
Imports: $2.4 billion (54% of GDP) in 201323
Trade Balance: -$1.9 billion (-43% of GDP) in 201323
Foreign Direct Investment Inflow: $446 million (10% of GDP) in 201324
Foreign Direct Investment Outflow: N/A
Foreign Aid Inflow: $103 million (2% of GDP) in 201225
Foreign Aid Outflow: N/A
1. Source: World Bank Indicators (Population) Go back
2. Source: World Bank Indicators (GDP) Go back
3. Source: World Bank Indicators (GDP per capita) Go back
4. Source: World Bank Indicators (GDP per capita PPP) Go back
5. Source: World Bank Indicators (GDP growth rate) Go back
6. Source: United Nations Statistics Division (GDP by industry) Go back
7. Source: World Bank Indicators (Unemployment rate) Go back
8. Source: International Labor Organization, ILOSTAT, Downloads (Employment by economic activity) Go back
9. Source: Annual reports (Corporate data) Go back
10. Source: Credit Suisse Global Wealth Databook (Household wealth) Go back
11. Source: UN Human Development Report (Gini coefficient) Go back
12. Source: CIA World Factbook (Government budget) Go back
13. Source: Central Bank of Montenegro, Publications, Quarterly Reports, Public Debt (Public debt) Go back
14. Source: Reuters (Government bond yield) Go back
15. Source: Ernst & Young, Worldwide Personal Tax Guide (Individual tax rates) Go back
16. Source: Tax Foundation (Corporate tax rate) Go back
17. Source: ECB Monetary developments (Money supply) Go back
18. Source: ECB Key interest rates (Benchmark interest rate) Go back
19. Source: World Bank Indicators (Total reserves) Go back
20. Source: Yahoo Finance (Exchange rate) Go back
21. Source: World Bank Indicators (Inflation rate) Go back
22. Source: Relbanks.com (Financial institutions by assets) Go back
23. Source: CIA World Factbook (Trade data) Go back
24. Source: World Bank Indicators (FDI data) Go back
25. Source: World Bank Indicators (Aid data) Go back