Montenegro: Primary budget balance
* indicates monthly or quarterly data series
| Montenegro |
Primary budget balance, percent of GDP |
|---|---|
| Latest value | -0.82 |
| Year | 2024 |
| Measure | percent |
| Data availability | 2002 - 2024 |
| Average | -1.53 |
| Min - Max | -8.26 - 9.48 |
| Source | The World Bank |
| Available for | Data download |
The latest value from 2024 is -0.82 percent, a decline from 2.66 percent in 2023. In comparison, the world average is -1.04 percent, based on data from 179 countries. Historically, the average for Montenegro from 2002 to 2024 is -1.53 percent. The minimum value, -8.26 percent, was reached in 2020 while the maximum of 9.48 percent was recorded in 2007.
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* indicates monthly or quarterly data series
| Recent values | Montenegro: Primary budget balance |
|---|---|
| 2024 | -0.82 |
| 2023 | 2.66 |
| 2022 | -2.49 |
| 2021 | 0.65 |
| 2020 | -8.26 |
| 2019 | 0.50 |
| 2018 | -4.10 |
| 2017 | -4.48 |
Definition: The difference between a government's total revenue and its total expenditure, excluding interest payments on its outstanding debt. Source: Kose, M. Ayhan, Sergio Kurlat, Franziska Ohnsorge, and Naotaka Sugawara. 2022. "A Cross-Country Database of Fiscal Space." Journal of International Money and Finance 128 (November): 102682.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Government spending, percent of GDP | 17.41 | 2025 | percent |
| Government spending, in dollars | 1.61 | 2025 | billion U.S. dollars |
| Fiscal balance, percent of GDP | -2.81 | 2024 | percent |
| Primary budget balance | -0.82 | 2024 | percent |
| Government expenditure | 0.37 | Q2/2026 | billion |
| Foreign aid | 92.36 | 2023 | million U.S. dollars |
| Government debt | 60.76 | 2024 | percent |
| Short-term government debt | 7.99 | 2024 | percent |