Montenegro: Economic growth, quarterly

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

Economic growth, percent change in quarterly real GDP in Montenegro, December, 2019: The latest data from Q4 2019 show economic growth of 3.1 percent, which is a decrease from the rate of growth of 4.7 percent in the previous quarter and a decrease compared to the growth rate of 4.9 percent in the same quarter last year. The economic growth time series for Montenegro cover the period from Q1 2011 to Q4 2019. During that time span, the average growth rate for Montenegro was 2.73 percent. The lowest rate of growth of -3.6 percent was recorded in Q1 2012 while the highest growth rate was 5.9 percent in Q3 2011. See more information about that indicator and compare to other countries on our Economic growth page.
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* indicates monthly or quarterly data series
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Measure: percent
Source: Statistical Office of Montenegro

Definition: The percent change in the Gross Domestic Product from the same quarter last year using constant prices.
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