Net FDI inflow to Montenegro jumps to 83.6 mln euro in Jan-Feb

Total FDI inflow increased by 43% on the year to 147.7 million euro in January-February 2024, thanks to rising investments in domestic companies and banks and higher investments in the form of intercompany debt and in real estate, the central bank, CBCG, said in its latest monthly statistical report published earlier this month.

The inflow of investments in companies and banks soared 72% on the year to 32 million euro in the first two months of 2024, while investments in real estate rose by an annual 15% to 59 million euro.

FDI inflow in the form of intercompany debt rose 83% on the year to 53.6 million euro in January-February.

At the same time, total FDI outflow rose 5.5% on the year to 64 million euro in the first two months of 2024, with withdrawal of non-residents' funds invested in Montenegro amounting to 44 million euro, while investment of residents abroad totalled 20 million euro.

In 2023, Montenegro's net FDI inflow fell 45% to 429 million euro after rising 35% to 783 million euro in 2022.

($ = 0.921 euro)