Economy in focus: Montenegro

Montenegro’s economy is overly reliant on tourism and foreign-born workers. Home to just over 600,000 people, stunning mountains, and perhaps...

Price and GDP growth

One of the trends that marked the previous period is the rise in prices. Inflation (measured by the consumer price index – CPI) increased by...

Montenegro, 2022 business environment, Very high inflation rate

During 2022, a constant increase in prices was observed. During the first eleven months of 2022, the average inflation rate was 12.7%. However, in...

Montenegro, Recent Economic Developments, Inflation

The inflationary developments in 2021 are under impact of an increase in aggregate demand, bottlenecks in global supply chains, and basic...

Montenegro, Recent Economic Developments, Lending Activity of Banks

The banking sector of Montenegro made a strong contribution to the Montenegrin economy rebound, which was heavily affected by the COVID-19...

error: Content is protected !!