Montenegro - External balance on goods and services (% of GDP)
External balance on goods and services (% of GDP) in Montenegro was -35.01 as of 2020. Its highest value over the past 20 years was -14.30 in 2000, while its lowest value was -53.30 in 2008.
Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services).
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 2000 | -14.30 |
| 2001 | -23.56 |
| 2002 | -24.52 |
| 2003 | -16.38 |
| 2004 | -16.07 |
| 2005 | -17.53 |
| 2006 | -36.87 |
| 2007 | -42.74 |
| 2008 | -53.30 |
| 2009 | -30.76 |
| 2010 | -25.69 |
| 2011 | -21.96 |
| 2012 | -24.42 |
| 2013 | -20.09 |
| 2014 | -19.84 |
| 2015 | -18.45 |
| 2016 | -22.47 |
| 2017 | -23.44 |
| 2018 | -23.86 |
| 2019 | -21.15 |
| 2020 | -35.01 |
Aggregation method: Weighted average
Periodicity: Annual
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
