Montenegro: Current account, in dollars

* indicates monthly or quarterly data series
 Montenegro

Current account balance, billion USD

 Latest value -0.84
 Year 2023
 Measure billion U.S. dollars
 Data availability 2007 - 2023
 Average -0.89
 Min - Max -2.26 - -0.44
 Source The World Bank
For that indicator, we provide data for Montenegro from 2007 to 2023. The average value for Montenegro during that period was -0.89 billion U.S. dollars with a minimum of -2.26 billion U.S. dollars in 2008 and a maximum of -0.44 billion U.S. dollars in 2015. The latest value from 2023 is -0.84 billion U.S. dollars. For comparison, the world average in 2023 based on 111 countries is 3.07 billion U.S. dollars. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent values chart
Montenegro - Current account, in dollars - Recent values chart

Historical chart
Montenegro - Current account, in dollars - historical chart - 2007-2023




Definition: Current account balance is the sum of net exports of goods and services, net primary income, and net secondary income. Data are in current U.S. dollars.

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 Related indicators Latest value Reference Measure
 Trade openness 125.90 2022 percent
 Exports, percent of GDP 51.53 2022 percent
 Exports, billion dollars 3.75 2023 billion U.S. dollars
 Growth of exports 22.69 2022 percent
 Imports, percent of GDP 74.37 2022 percent
 Imports, billion dollars 5.13 2023 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 14.01 2022 percent
 Foreign Direct Investment, billion dollars 0.87 2022 billion U.S. dollars
 Portfolio investment inflows, equities 9.62 2023 million dollars (current)
 Current account, percent of GDP -15.00 2019 percent
 Current account, in dollars -0.84 2023 billion U.S. dollars
 Trade balance, percent of GDP -22.83 2022 percent
 Trade balance, in dollars -1.40 2023 billion U.S. dollars
 Reserves 2.04 2022 billion U.S. dollars
 Remittances, percent of GDP 13.33 2022 percent
 Remittances 830.15 2022 million U.S. dollars
 Net errors and omissions 795.80 2023 million USD
 External debt 138.74 2022 percent
 Short-term external debt 2.25 2022 percent
 Short-term debt to reserves 9.74 2022 percent
 Foreign exchange reserves 1.62 9/2023 billion
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