Household Final Consumption Expenditure (USD) in Montenegro

Source: World Bank
Last Updated: Feb 1, 2021

Household final consumption expenditure reached 4,042 USD bil in 2018 in Montenegro, according to the National Statistical Office. This is 2.18 % more than in the previous year.

Historically, household final consumption expenditure in Montenegro reached an all time high of 4,087 USD bil in 2008 and an all time low of 689 USD bil in 2000. When compared to Montenegro's main peers, household final consumption expenditure in Albania amounted to 11,949 USD bil, 15,351 USD bil in Bosnia and Herzegovina, 35,527 USD bil in Croatia and 35,160 USD bil in Serbia in 2018.

Montenegro has been ranked 145th within the group of 161 countries we follow in terms of household final consumption expenditure, 1 places behind the position seen 10 years ago.

This represents consumer spending on domestic territory and expenditure by resident households abroad (outbound tourists), but excludes any non-resident households' expenditure on domestic territory (inbound tourists).

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