Montenegro - Trade in services (% of GDP)

Trade in services (% of GDP) in Montenegro was 28.36 as of 2020. Its highest value over the past 13 years was 48.20 in 2019, while its lowest value was 28.36 in 2020.

Definition: Trade in services is the sum of service exports and imports divided by the value of GDP, all in current U.S. dollars.

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
2007 36.05
2008 39.67
2009 36.56
2010 35.77
2011 37.47
2012 40.03
2013 39.65
2014 39.67
2015 44.86
2016 44.20
2017 45.27
2018 46.69
2019 48.20
2020 28.36

Aggregation method: Weighted average

Periodicity: Annual

General Comments: Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments