Makrognosis

Montenegro economic data

35 official economic indicators for Montenegro, collected directly from its statistical agency and central bank. Each one has a chart, the latest value and a free API.

GDP (Gross Domestic Product)6.3% y/yQ2 2026
Inflation Rate (CPI)5.5% y/ySep 2026
Core Inflation Rate4.8% y/ySep 2026
Industrial Production17.4% y/ySep 2026
Retail Sales4.4% y/ySep 2026
Current account balance (BPM6, vs rest of world), not seasonally adjusted, million EUR−104.0 € millionJun 2026

Consumption & Spending

Montenegro Retail Sales 4.4% y/y · Sep 2026

Industry

Montenegro Industrial Production 17.4% y/y · Sep 2026Montenegro Industrial production, capital goods (MIG) 41.8% y/y · Sep 2026Montenegro Industrial production, energy (except section E) (MIG) 83.5% y/y · Sep 2026Montenegro Industrial production, intermediate goods (MIG) −11.5% y/y · Sep 2026

Output & Production

Montenegro GDP (Gross Domestic Product) 6.3% y/y · Q2 2026

Population

Montenegro Population, 1 January 623,327 persons · 2025

Prices & Inflation

Montenegro Inflation Rate (CPI) 5.5% y/y · Sep 2026Montenegro Core Inflation Rate 4.8% y/y · Sep 2026Montenegro GDP implicit deflator, 2010=100, seasonally and calendar adjusted 3.2% y/y · Q2 2026Montenegro HICP: Alcohol, tobacco & narcotics (2025=100) 7.7% y/y · Sep 2026Montenegro HICP: All-items excl. energy & seasonal food (2025=100) 4.5% y/y · Sep 2026Montenegro HICP: All-items excl. energy & unprocessed food (2025=100) 4.4% y/y · Sep 2026Montenegro HICP: All-items excl. energy (2025=100) 4.3% y/y · Sep 2026Montenegro HICP: All-items excl. tobacco (2025=100) 5.2% y/y · Sep 2026Montenegro HICP: Clothing & footwear (2025=100) 4.1% y/y · Sep 2026Montenegro HICP: Education services (2025=100) 0.2% y/y · Sep 2026Montenegro HICP: Energy (2025=100) 15.2% y/y · Sep 2026Montenegro HICP: Food & non-alcoholic beverages (2025=100) 2.9% y/y · Sep 2026Montenegro HICP: Food (2025=100) 3.8% y/y · Sep 2026Montenegro HICP: Furnishings & household equipment (2025=100) 2.1% y/y · Sep 2026Montenegro HICP: Health (2025=100) 4.0% y/y · Sep 2026Montenegro HICP: Housing, water, electricity & fuels (2025=100) 1.1% y/y · Sep 2026Montenegro HICP: Industrial goods (2025=100) 6.6% y/y · Sep 2026Montenegro HICP: Information & communication (2025=100) 5.3% y/y · Sep 2026Montenegro HICP: Insurance & financial services (2025=100) 3.1% y/y · Sep 2026Montenegro HICP: Non-energy industrial goods (2025=100) 2.2% y/y · Sep 2026Montenegro HICP: Personal care & misc. goods/services (2025=100) 3.3% y/y · Sep 2026Montenegro HICP: Recreation, sport & culture (2025=100) 3.6% y/y · Sep 2026Montenegro HICP: Restaurants & accommodation (2025=100) 6.8% y/y · Sep 2026Montenegro HICP: Total goods (2025=100) 5.0% y/y · Sep 2026Montenegro HICP: Total services (2025=100) 6.5% y/y · Sep 2026Montenegro HICP: Transport (2025=100) 17.7% y/y · Sep 2026Montenegro HICP: Unprocessed food (2025=100) 4.2% y/y · Sep 2026

Trade

Montenegro Current account balance (BPM6, vs rest of world), not seasonally adjusted, million EUR −104.0 € million · Jun 2026