Gross Domestic Savings (As % of GDP) rose 95.3% to 0.071 in Montenegro in 2017

Gross Domestic Savings (As % of GDP)
Economy | Montenegro | May 17, 2019
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Gross domestic savings as a share of GDP reached 0.071 in 2017 in Montenegro, according to the National Statistical Office. This is 95.3 % more than in the previous year.

Historically, gross domestic savings as a share of GDP in Montenegro reached an all time high of 0.071 in 2017 and an all time low of -0.129 in 2006. When compared to Montenegro's main peers, gross domestic savings as a share of GDP in Albania amounted to 0.086, 0.012 in Bosnia and Herzegovina, 0.232 in Croatia and 0.122 in Serbia in 2017.

Montenegro has been ranked 134th within the group of 162 countries we follow in terms of gross domestic savings as a share of GDP, 28 places above the position seen 10 years ago.

Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption).

Gross Domestic Savings (As % of GDP) Unit 2009 2010 2011 2012 2013 2014 2015 2016 2017
Albania 0.107 0.112 0.089 0.078 0.082
Bosnia and Herzegovina -0.074 -0.093 -0.077 -0.071 -0.038
Croatia 0.202 0.196 0.199 0.207 0.224
Greece 0.083 0.084 0.088 0.095 0.103
Hungary 0.266 0.261 0.280 0.297 0.307
Italy 0.189 0.188 0.192 0.199 0.202
Kosovo -0.005 -0.017 -0.001 -0.029 -0.009
Macedonia 0.080 0.075 0.107 0.131 0.142
Montenegro -0.026 -0.038 -0.005 0.004 0.017
Romania 0.223 0.218 0.248 0.242 0.245
Serbia 0.047 0.043 0.069 0.066 0.091
Slovenia 0.236 0.229 0.250 0.270 0.280