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International Tourism, Receipts (As % of Total Exports) fell 72.6% to 14.4% in Montenegro in 2020

International Tourism, Receipts (As % of Total Exports) (%), 2020
Travel & Hospitality | Montenegro | February 1, 2023
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Excel Sheet

Receipts of international tourism as a percentage of total exports fell 72.6% to 14.4% in Montenegro in 2020, according to Eurostat.

Historically, receipts of international tourism as a percentage of total exports in Montenegro reached an all time high of 55.3% in 2015 and an all time low of 14.4% in 2020. When compared to Montenegro's main peers, receipts of international tourism as a percentage of total exports in Albania amounted to 35.9%, 6.31% in Bosnia and Herzegovina, 23.5% in Croatia and 5.58% in Serbia in 2020.

Montenegro has been ranked 15th within the group of 113 countries we follow in terms of receipts of international tourism as a percentage of total exports, 9 places below the position seen 10 years ago.

International Tourism, Receipts (As % of Total Exports) Unit 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
Albania % 49.5% 52.0% 52.9% 49.5% 48.2%
Bosnia and Herzegovina % 12.0% 13.8% 14.2% 13.2% 13.3%
Croatia % 40.4% 35.7% 37.4% 37.6% 37.0%
Greece % 25.4% 28.0% 27.9% 27.3% 26.4%
Hungary % 6.09% 6.33% 6.73% 6.85% 7.15%
Italy % 7.24% 7.59% 7.71% 7.74% 7.87%
Kosovo % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...
Macedonia % 5.50% 5.46% 5.20% 5.30% 5.08%
Montenegro % ... ... ... ... ... ... ... 52.1% 55.3% 54.8% 54.8% 52.2%
Romania % 2.88% 3.03% 3.15% 3.98% 3.84%
Serbia % ... ... ... ... ... ... ... 7.05% 7.58% 7.60% 7.80% 7.77%
Slovenia % 8.05% 7.82% 7.82% 7.55% 7.35%