wiiw Forecast Reports
MONTENEGRO: Better than expected
publication_icon
in: CESEE Back on Track to Convergence
wiiw Forecast Report No. Autumn 2017, November 2017 , pp. 96-98
In the medium term, growth should return to somewhere above 3%. Improved
prospects in the EU and in Russia are supportive of the growth of tourism,
which should compensate for the necessary macroeconomic adjustments. If
the region as a whole does better – which is likely e.g. in the case of Croatia, if
not Serbia – that will also help. So overall, Montenegro could see its growth
rate fulfil its potential, which is about 4%.
Reference to wiiw databases: wiiw Annual Database, wiiw Monthly Database
Countries covered: Montenegro