Montenegro - Net current transfers from abroad

Net current transfers from abroad (current US$)

The latest value for Net current transfers from abroad (current US$) in Montenegro was $351,496,000 as of 2020. Over the past 20 years, the value for this indicator has fluctuated between $351,496,000 in 2020 and $63,979,310 in 2000.

Definition: Current transfers comprise transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net current transfers from abroad is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
2000 $63,979,310
2001 $113,394,200
2002 $77,880,540
2003 $65,232,390
2004 $77,447,230
2005 $182,260,000
2006 $113,168,600
2007 $81,274,570
2008 $107,016,000
2009 $118,612,000
2010 $239,762,800
2011 $277,600,200
2012 $297,312,200
2013 $301,163,400
2014 $279,989,100
2015 $214,192,900
2016 $234,550,300
2017 $257,424,500
2018 $312,616,400
2019 $318,288,400
2020 $351,496,000

Net current transfers from abroad (current LCU)

The value for Net current transfers from abroad (current LCU) in Montenegro was 308,437,700 as of 2020. As the graph below shows, over the past 20 years this indicator reached a maximum value of 308,437,700 in 2020 and a minimum value of 57,685,000 in 2003.

Definition: Current transfers comprise transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net current transfers from abroad is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
2000 69,270,400
2001 126,616,000
2002 82,467,700
2003 57,685,000
2004 62,376,000
2005 146,555,300
2006 90,206,700
2007 59,379,200
2008 73,059,800
2009 85,376,900
2010 180,853,100
2011 199,428,000
2012 231,398,100
2013 226,836,300
2014 211,027,800
2015 193,137,700
2016 212,033,500
2017 228,438,500
2018 264,848,600
2019 284,295,200
2020 308,437,700

Net current transfers from abroad (constant LCU)

The value for Net current transfers from abroad (constant LCU) in Montenegro was 70,342,960 as of 2013. As the graph below shows, over the past 13 years this indicator reached a maximum value of 119,165,600 in 2001 and a minimum value of 37,239,360 in 2007.

Definition: Current transfers comprise transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net current transfers from abroad is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
2000 69,270,430
2001 119,165,600
2002 72,470,330
2003 44,895,720
2004 45,996,470
2005 104,713,500
2006 61,446,660
2007 37,239,360
2008 43,915,390
2009 48,011,960
2010 62,716,610
2011 62,835,220
2012 72,596,790
2013 70,342,960

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts