Montenegro

Europe & Central Asia

Score

ModerateNR

Moderate Investment Destination

Growing economy with manageable risks - suitable for diversified portfolios

Score Breakdown

Economic Health (30%)50

Political Safety (25%)48

Business Climate (20%)55

Financial Strength (15%)52

Growth Potential (10%)58

Investment Profile

Score History

How Montenegro's investment score has evolved over time

2021: 50/100+2 pts since 20212025: 52/100

Economic

GDP$7.4B

GDP Growth3.2%

GDP per Capita$11,850

Inflation4.2%

Current Account-12.5% GDP

Financial & Fiscal

Government Debt68% GDP

FDI Inflows8.5% GDP

Trade Openness108%

Credit RatingNR

Governance (WGI)

Political Stability0.0

Rule of Law-0.1

Corruption Control-0.2

Regulatory Quality0.2

Population0.62M

Pop. Growth-0.1%

Sector Investment Analysis

Tourism

22.5% of GDP

growing62

Real Estate

8.2% of GDP

growing58

Energy

5.8% of GDP

stable52

Agriculture

6.5% of GDP

stable45