Building permits in Montenegro, June, 2020
The data series span the period from Q1 2011 to Q2 2020.
During that time, the average value for Montenegro was
178 building permits with a minumum of 27 building permits
in Q1 2020 and a maximum of 299 building permits in Q4 2016.
The latest number is 93, a change of 244.44% from the previous data point of
27 building permits and a change of 86% from a year ago when the level was
50 building permits.
The number of building permits is considered a leading macroeconomic indicator as it typically grows a few months ahead of an economic expansion and declines a few months before an economic slowdown.
See more information about that indicator on our Building permits page
* indicates monthly or quarterly data series
Measure: building permits
Source: Statistical Office of Montenegro
Definition: Building permits are authorizations granted by a government or another regulatory body before the construction of a new building can legally occur.