The country’s real GDP annual growth was 2.5% in 2016, according to the Statistical Office of Montenegro (MONSTAT). The GDP totalled EUR 3.714 bln in constant prices in 2016, compared to EUR 3.575 bln in the previous year.
Final consumption increased in value terms by 3.9% on the year to EUR 3.656 mln in 2016. Gross capital formation went up by 29.7% to EUR 954.0 mln. Imports and exports grew by 16.6% and 10.2%.