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 |