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Montenegro - General economic indicators
| Indicators |
1997 |
1998 |
1999 |
2000 |
2001 |
| 1. GNP, USD mln |
795.0 |
790.0 |
670.0 |
1,3001 |
1,080 |
| 2. Real GDP growth rate, % |
10.0 |
-1.0 |
-15.0 |
n/a |
4.5 |
| 3. Industrial production growth rate, % |
0 |
n/a |
n/a |
3.7 |
-0.8 |
| 4. Annual inflation rate, % |
120.0 |
143.0 |
130.0 |
30.0 |
26.6 |
| 5. Annual unemployment rate , % |
30.0 |
30.0 |
40.0 |
28.8 |
28.5 |
| 6. Budget revenues2, DEM mln |
513 |
387 |
293 |
347 |
443 |
| 7. Budget expenditures3, DEM mln |
497 |
370 |
302 |
457 |
521 |
| 8. Current account balance4, USD mln |
-60 |
-84 |
-149 |
76 |
-134 |
| 9. Minimal monthly salary, DEM |
85.28 |
71.58 |
50.80 |
72.50 |
36.81e |
| 10. Average monthly net salary, DEM |
225.7 |
194.2 |
155.4 |
188.4 |
126.8e |
| 11. Exchange rate for 1 DEM, end of year |
4.74 |
8.01 |
20.00 |
- |
- |
Source: Ministry of Finance, Institute for Strategic Studies and Prognoses and Central Bank of Montenegro
Notes: [1] The value is in DEM. In 2000 Montenegro introduced the DEM as the official currency. On 1 January 2002 the Euro became the only legal currency, at an exchange rate Euro 1 = DEM 1.95583. 2 Domestic and foreign financing are excluded from revenues. 3Reserves are excluded from expenditures. 4Balance of current account is measured through the customs records. e The values are in Euro
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