Country Profile




Info Table


Main Indicators  (latest) Value
Area (km2) 13,812
Population 622,387
Number of households 192,242
GDP per capita in current prices (in €) 6,354
Real GDP growth (in %) 2.9
Inflation-CPI (in %) -0.3
Employed 177.473
Unemployed rate (in %) 21.33
Average gross wage (in €) 764
Average net wage (in €) 509
Annual lending interest rate (in %) 7.45
Corporate income tax rate (in %) 9
Foreign Direct Investments (mil €) 687.2

Grey economy (in % of GDP) (regarding IPSOS research)

24.5%
Number of active companies 65.987
Number of active entrepreneurs 11.951
Foreign Trade (mil €) 2 388
Import (mil €) 2 061.7
Export (mil €) 325.8

*** sources: MONSTAT, Montenegrin Investment Promotion Agency, Central Bank of Montenegro