Montenegro
| FORECAST* | ||||||
|---|---|---|---|---|---|---|
| Main Economic Indicators | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
| Population, 1000 persons | 624 | 624 | 623 | . | . | . |
| GDP, real change in % | 6.5 | 3.2 | 2.7 | 2.8 | 2.9 | 3.0 |
| GDP per capita (EUR at PPP) | 19900 | 21360 | 22540 | . | . | . |
| Gross industrial production, real change in % | 6.4 | 0.2 | -9.3 | . | . | . |
| Unemployment rate - LFS, in %, average | 13.1 | 11.5 | 10.7 | 9.3 | 9.4 | 9.3 |
| Average gross monthly wages, EUR | 987 | 1082 | 1206 | . | . | . |
| Consumer prices, % p.a. | 8.7 | 3.6 | 4.1 | 4.3 | 3.5 | 3.0 |
| Fiscal balance in % of GDP | 0.6 | -3.3 | -4.3 | -3.7 | -3.8 | -4.0 |
| Public debt in % of GDP | 58.4 | 59.8 | 63.5 | . | . | . |
| Current account in % of GDP | -11.2 | -17.1 | -20.5 | -19.4 | -19.2 | -20.9 |
| FDI inflow, EUR m | 487 | 554 | 597 | . | . | . |
| Gross external debt in % of GDP | 128.2 | 126.6 | 126.3 | . | . | . |
Basic data are continuously updated.
* Forecasts are changed beginning of January, April, July and November.
See Press Conferences.
Monthly Report No. 7-8/2026
Vasily Astrov, Alexandra Bykova, Selena Duraković, Meryem Gökten, Richard Grieveson, Ioannis Gutzianas, Gabor Hunya, Branimir Jovanović, Biljana Jovanovikj, Niko Korpar, Dzmitry Kruk, Isilda Mara, Michał Możdżeń, Emilia Penkova-Pearson, Olga Pindyuk, Sandor Richter, Marko Sošić, Bernd Christoph Ströhm and Marina Tverdostup
wiiw Monthly Report No. 7-8, July-August 2026
52 pages including 5 Tables
Executive summary
Olga Pindyuk
in: The Crisis is Over, but its Scarring Effects are Hindering Recovery
wiiw Forecast Report No. Spring 2024, April 2024 , pp. I-VII
Details