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Montenegro's 9-mo net FDI inflow grows 70% y/y

Nov 24, 2022, 9:10:01 AMArticle by Radomir Ralev
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November 24 (SeeNews) - The net inflow of foreign direct investment (FDI) into Montenegro grew to 599.0 million euro ($623 million) in the first nine months of 2022, from 352.3 million euro in the prior-year period, the central bank said, citing preliminary figures.

Montenegro's 9-mo net FDI inflow grows 70% y/y
Author: AleGranholm Licence: Creative Commons, Attribution.

Total FDI inflow increased to 847.8 million euro in the nine months through September, up 41.3% year-on-year, while FDI outflow edged up to 248.8 million euro from 247.6 million euro, the central bank said in a monthly report last week.

The inflow of investments in companies and banks went up to 142.8 million euro in the eight months through September, from 118.6 million euro a year earlier, while investments in real estate rose to 322.2 million euro, from 184.3 million euro in January-September 2021.

FDI inflow in the form of intercompany lending increased to 316.3 million euro in the first nine months of 2022 from 231.3 million euro in the like period of 2021.

The net inflow of FDI into Montenegro grew to 552 million euro in 2021, from 467.5 million euro in the previous year.

($ = 0.96182 euro)

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