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Montenegro Business Report
General information
Source: The World Factbook - Central Intelligence Agency
Population
614,249 (July 2018 est.)GDP (PPP)
$11.1 billion (2017 est.)Among the smallest economies in Europe. Tourism accounts for more than 20% of GDP
GDP growth rate
4.3% (2017 est.)The economy is closely linked to Europe and has suffered as a result of prolonged weakness in the euro zone
GDP (PPP) per capita
$17,800 (2017 est.)Local currency
Euro (EUR)Montenegro uses the euro, though it is not an official member of the euro zone
Financial stability (Public debt)
67.2% (2017 est.)Inflation
2.4% (2017 est.)Language
Montenegrin (official), plus different languages are spoken by minorities (Serbian, Albanian, Bosnian, Serbo-Croat and more)English is spoken as a second language
Corruption perception index (Source: Transparency International)
Duties and tax
Source: PwC World Tax Summaries 2017-2018
VAT
Corporate Tax
Duties
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