Economy of Montenegro

Imports

Import partnersSerbia 29.3%, Greece 8.7%, China 7.1% (2012 est.)

Exports

Export partnersCroatia 22.7%, Serbia 22.7%, Slovenia 7.8% (2012 est.)

Economy sectors

Agriculture productstobacco, potatoes, citrus fruits, olives, grapes; sheep

Industrial productssteelmaking, aluminum, agricultural processing, consumer goods, tourism

Economy

Unemployment19.1 % (2012)11.5 % (2011)19.7 % (2010)

GDP - Official Exchange Rate4.52 Billion $ (2013)4.16 Billion $ (2012)4.50 Billion $ (2011)

GDP growth rate1.50 % (2013)-0.50 % (2012)2.50 % (2011)

GDP per Capita (PPP)11,900 $ (2013)11,600 $ (2012)11,700 $ (2011)

GDP - Purchasing Power Parity7.43 Billion $ (2013)7.22 Billion $ (2012)7.27 Billion $ (2011)

GDP PPP per land area538 Thousand $ per square kilometer (2013)523 Thousand $ per square kilometer (2012)527 Thousand $ per square kilometer (2011)

Electricity

Banking

Commercial bank prime lending rate9.69 % (2011)9.53 % (2010)9.36 % (2009)

GDP decomposition by sector

Tourism

International tourism, number of arrivals1.26 Million (2012)1.20 Million (2011)1.09 Million (2010)

Debt, Current Account Balance and Budget Deficit

Public debt (Percentage of GDP)52.1 % of GDP (2012)45.0 % of GDP (2011)38.0 % of GDP (2006)

Current Account Balance (Percentage of GDP)-19.01 % of GDP (2012)-17.57 % of GDP (2011)-23.14 % of GDP (2010)

External Debt Stocks (Percentage of GNI)68.3 % of GNI (2012)54.9 % of GNI (2011)40.5 % of GNI (2010)

Short-term debt (percentage of total external debt)19.0 % of total external debt (2012)19.3 % of total external debt (2011)11.6 % of total external debt (2010)

Current Account Balance (Total)-1.94 Billion $ (2012)-1.93 Billion $ (2011)-952.38 Million $ (2010)

External Debt (Total)1.70 Billion $ (2012)1.20 Billion $ (2011)1.60 Billion $ (2010)

External Debt (Percentage of GDP)40.9 % of GDP (2012)26.7 % of GDP (2011)39.9 % of GDP (2010)

External Debt per Capita2,586 $ (2012)1,813 $ (2011)2,586 $ (2010)