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Imports of Services (BoP, USD) rose 31.5% to USD 0.755 bil in Montenegro in 2021

Imports of Services (BoP, USD) (USD bil), 2021
Economy | Montenegro | February 1, 2023
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Imports of services as a part of balance of payment rose 31.5% to USD 0.755 bil in Montenegro in 2021, according to the National Statistical Office.

Historically, imports of services as a part of balance of payment in Montenegro reached an all time high of USD 0.768 bil in 2019 and an all time low of USD 0.394 bil in 2007. When compared to Montenegro's main peers, imports of services as a part of balance of payment in Albania amounted to USD 2.00 bil, USD 0.726 bil in Bosnia and Herzegovina, USD 5.30 bil in Croatia and USD 7.53 bil in Serbia in 2021.

Montenegro has been ranked 122nd within the group of 140 countries we follow in terms of imports of services as a part of balance of payment, 27 places above the position seen 10 years ago.

Imports of Services (BoP, USD) Unit 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Albania USD bil 1.67 1.77 2.02 2.31 2.39
Bosnia and Herzegovina USD bil 0.574 0.595 0.672 0.735 0.773
Croatia USD bil 3.64 3.94 4.67 5.48 5.69
Greece USD bil 16.7 14.9 17.7 21.1 21.3
Hungary USD bil 17.0 17.4 19.1 20.4 22.2
Italy USD bil 103 105 117 127 123
Kosovo USD bil ... ... ... 0.548 0.545 0.605 0.830 0.837
Macedonia USD bil 1.14 1.16 1.20 1.42 1.44
Montenegro USD bil ... ... ... ... ... ... 0.471 0.537 0.602 0.738 0.768
Romania USD bil 11.5 12.2 15.3 18.2 20.6
Serbia USD bil ... ... ... ... ... ... 3.93 4.05 4.86 5.97 6.62
Slovenia USD bil 4.78 5.06 5.83 6.48 6.43