Montenegro—Fiscal Balance (% of GDP)
Category: Fiscal & MonetarySource: IMF World Economic OutlookGlobal Rank: #121 of 192
Latest Value
-3.8%
2027
YoY Change
-8.6%
2026 → 2027
Global Rank
#121
of 192 countries
Maximum
8.4%
2007
Minimum
-11.0%
2020
Last
-3.8%
Previous
-3.5%
Highest
8.4%
Lowest
-11.0%
Unit
Percent of GDP
Source
IMF World Economic Outlook
Actual
IMF Forecast
Source: IMF World Economic Outlook
Historical Data
| Year | Value | Change |
|---|---|---|
| 2027 | -3.8% | -8.6% |
| 2026 | -3.5% | +0.0% |
| 2025 | -3.5% | -25.0% |
| 2024 | -2.8% | -411.1% |
| 2023 | 0.9% | +122.0% |
| 2022 | -4.1% | -141.2% |
| 2021 | -1.7% | +84.5% |
| 2020 | -11.0% | -547.1% |
| 2019 | -1.7% | +73.0% |
| 2018 | -6.3% | +8.7% |
| 2017 | -6.9% | -11.3% |
| 2016 | -6.2% | -3.3% |
| 2015 | -6.0% | -757.1% |
| 2014 | -0.7% | +84.4% |
| 2013 | -4.5% | +23.7% |
| 2012 | -5.9% | +13.2% |
| 2011 | -6.8% | -38.8% |
| 2010 | -4.9% | +26.9% |
| 2009 | -6.7% | -191.3% |
| 2008 | -2.3% | -127.4% |
| 2007 | 8.4% | +95.3% |
| 2006 | 4.3% | +407.1% |
| 2005 | -1.4% | +44.0% |
| 2004 | -2.5% | +39.0% |
| 2003 | -4.1% | -192.9% |
| 2002 | -1.4% |
IMF Forecast
Projections from the IMF World Economic Outlook. These are staff estimates, not guarantees.
| Year | Projected Value | Change from Previous |
|---|---|---|
| 2026Forecast | -3.5% | +0.0% |
| 2027Forecast | -3.8% | -8.6% |
Top Countries — Fiscal Balance (% of GDP)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Kuwait | 26.5% | 2026 |
| 2 | Norway | 10.7% | 2026 |
| 3 | Nauru | 9.5% | 2026 |
| 4 | Macao SAR, China | 5.6% | 2026 |
| 5 | United Arab Emirates | 4.8% | 2026 |
| 6 | South Sudan | 4.1% | 2026 |
| 7 | Lesotho | 3.8% | 2026 |
| 8 | Liechtenstein | 3.2% | 2026 |
| 9 | Cyprus | 3.2% | 2026 |
| 10 | Singapore | 2.7% | 2026 |
About This Indicator
Definition
General government net lending/borrowing as a percentage of GDP. A positive value indicates a fiscal surplus; negative indicates a deficit.
Methodology
Revenue minus expenditure minus net acquisition of nonfinancial assets, as a percentage of GDP. A comprehensive measure of the fiscal balance.
Unit
Percent of GDP