wiiw Forecast Reports

MONTENEGRO: Growth returns


Vladimir Gligorov

in: Cautious Upturn in CESEE: Haunted by the Spectre of Uncertainty
wiiw Forecast Report No. Spring 2017, March 2017 , pp. 96-98

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Economic growth slowed markedly at the turn of 2016, largely because of a surge in imports. It recovered in the course of the year and is now poised to return to 3% or thereabouts in the medium term. Political risks also contributed to economic volatility, though a degree of stability should have returned following the early elections. The economy will continue to rely even more on services, i.e. on tourism.


Reference to wiiw databases: wiiw Annual Database, wiiw Monthly Database

Countries covered: Montenegro