Montenegro: Building permits

(measure: building permits, source: Statistical Office of Montenegro)
* indicates monthly or quarterly data series

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.
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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.
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