April 13 (SeeNews) - The International Monetary Fund (IMF) said it expects Montenegro's GDP growth to quicken to 4.7% this year from 4.1% in 2015, revising up a 4.6% projection made last month.
Next year, the country's economic growth is anticipated to slow to 2.5%, the IMF's latest World Economic Outlook (WEO) report, published late on Tuesday, showed.
Montenegro's average annual inflation is forecast at 0.9% this year, speeding to 1.3% next year.
Details on Montenegro from the IMF report follow (in %) :
|
2015 Statistics |
2016 Projection |
2017 Projection |
Real GDP |
4.1 |
4.7 |
2.5 |
Inflation (annual averages) |
1.6 |
0.9 |
1.3 |
C/A Balance (percent of GDP) |
-13.2 |
-16.5 |
-17.0 |