Montenegro
General information
Capital: Podgorica
Currency unit: Euro
Area: 13,888 km²
Total population: 623,525
GDP (millions of US dollars): 8,270
GDP per capita, PPP (current international US dollars): 34,063
Production
Agriculture (% of GDP): 4.4 %
Manufacture (% of GDP): 4.2 %
Industry excluding manufacture (% of GDP): 11.1 %
Services (% of GDP): 80.3 %
Trade
Total exports (millions of US dollars): 3,629
Total imports (millions of US dollars): 5,476
Main exported goods (% of total exports):
Electric current (31.1 %)
Copper ores and concentrates; copper mattes, cemen (9.4 %)
Aluminium (8.3 %)
Alcoholic beverages (5.1 %)
Medicaments (incl. veterinary medicaments) (4.1 %)
Price competitiveness
This section brings together various indicators related to the price dimension of countries’ competitiveness. These indicators include both measures of external price competitiveness (the price ratio between domestic and foreign goods in international markets) and internal price competitiveness (the price ratio between tradable and non-tradable domestic goods). All these indices are calculated for each country relative to a base year and constructed such that an increase in the index corresponds to a decline in the country’s price competitiveness.
| Montenegro | ||
|---|---|---|
| Price competitiveness | - | |
| Nominal Effective Exchange Rate Montenegro: 116 | 116 | |
| Real Effective Exchange Rate Montenegro: 114 | 114 | |
| Internal Real Exchange Rate Montenegro: 84 | 84 |