wiiw Forecast Reports

MONTENEGRO: Relying on tourism


Vladimir Gligorov

in: On Thin Ice: CESEE Core Resilient in the Face of EU Stagnation and the Ukraine Crisis
wiiw Forecast Report No. Autumn 2014, November 2014 , pp. 91-93

free download

In Montenegro, growth will slow down over the current year owing to poor performance in terms of industrial production and investment. In the medium term, public investment and tourism should make for some acceleration of growth. The rift with Russia over the sanctions, which Montenegro introduced in view of its being a candidate country, has not had any appreciable negative impact to date.


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

Countries covered: Montenegro, SEE