External balance on goods and services in Montenegro

Montenegro: External balance on goods and services was -2.05 billion constant LCU in 2025. ▼ Falling

Latest (2025)
-2.05 billion constant LCU
Change on year
down 9.8%
World rank
78th
of 161 countries
All-time high
-614.11 million constant LCU
in 2013
All-time low
-2.05 billion constant LCU
in 2025
Years of data
16
2010–2025

External balance on goods and services in Montenegro, 2010–2025

-2.0B-1.5B-1.0B-500.0M2010201720252010: -793.8M constant LCU2011: -632.0M constant LCU2012: -655.0M constant LCU2013: -614.1M constant LCU2014: -667.5M constant LCU2015: -680.0M constant LCU2016: -1.0B constant LCU2017: -1.2B constant LCU2018: -1.3B constant LCU2019: -1.3B constant LCU2020: -1.5B constant LCU2021: -1.2B constant LCU2022: -1.5B constant LCU2023: -1.6B constant LCU2024: -1.9B constant LCU2025: -2.1B constant LCU

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.

Analysis

In 2025, external balance on goods and services in Montenegro stood at -2.05 billion constant LCU. That is the lowest value across all 16 years on record.

Compared with earlier readings it is down 9.8% on the previous year and down 201.7% over ten years.

Over the whole period, external balance on goods and services in Montenegro peaked at -614.11 million constant LCU in 2013 and was at its lowest, -2.05 billion constant LCU, in 2025.

That places Montenegro 78th out of 161 countries with data for 2025, putting it in the middle of the range.

The long-run direction has been consistently falling across the 16 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2010s -893.28 million constant LCU -1.34 billion constant LCU -614.11 million constant LCU 10
2020s -1.60 billion constant LCU -2.05 billion constant LCU -1.15 billion constant LCU 6

Countries ranked near Montenegro

  1. 75 Venezuela -1.38 billion constant LCU compare
  2. 76 Latvia -1.60 billion constant LCU compare
  3. 79 Sao Tome and Principe -2.57 billion constant LCU compare
  4. 80 South Sudan -2.80 billion constant LCU compare
  5. 81 Guam -3.30 billion constant LCU compare

See the full ranking of 161 places →

More economy & growth data for Montenegro

All data for Montenegro →

Frequently asked questions

What is external balance on goods and services in Montenegro?
External balance on goods and services in Montenegro was -2.05 billion constant LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest external balance on goods and services recorded in Montenegro?
The highest recorded value was -614.11 million constant LCU in 2013.
What is the lowest external balance on goods and services recorded in Montenegro?
The lowest recorded value was -2.05 billion constant LCU in 2025.
How does Montenegro rank for external balance on goods and services?
Montenegro ranks 78th out of 161 countries with data for 2025.
Is external balance on goods and services rising or falling in Montenegro?
Over the last ten years it is down 201.7%. The long-run trend across the full record is falling.
Where does this Montenegro data come from?
The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of External balance on goods and services (constant LCU). Statizoid updates them automatically from the source API.

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CSV · JSON — 16 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
External balance on goods and services (constant LCU)
Unit
constant LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
161 places, 3,197 data points, 1960–2025
Last refreshed

The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.