wiiw Forecast Reports

MONTENEGRO: Public and foreign investments driving growth improvement


Vladimir Gligorov

in: A Time of Moderate Expectations
wiiw Forecast Report No. Spring 2015, March 2015 , pp. 93-94

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Growth in the previous year fell short of expectations: it was probably not more than 1.3%. It can be attributed to slower growth in exports. The government plans to increase investments in infrastructure and will continue to rely on foreign investments in the tourist sector. Over the current year and in the medium term, growth should accelerate up to as much as 3%. Efforts are being made to join NATO and step up the pace of negotiations with the EU.


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

Countries covered: Montenegro