{"version":1,"asset_type":"statistical_series","data_type":"time_series","slug":"me-trade-balance-gdp","url":"https://apiardata.com/statistics/me-trade-balance-gdp","html_url":"https://apiardata.com/statistics/me-trade-balance-gdp/","title":"Montenegro Trade Balance — Goods & Services (% of GDP) (2025)","description":"Montenegro's Trade Balance — Goods & Services (% of GDP): -25.6 % of GDP (current prices) in 2025, -3.2pp YoY. Eurostat (NAMA_10_GDP), 2006–2025.","domain":"trade","category":"Trade & Flows","keywords":["Trade & Investment","Eurostat","Montenegro","2025"],"publisher":"Eurostat","frequency":"Annual","geography":"Montenegro","temporal_coverage":"2006/2025","unit":"% of GDP (current prices)","last_updated":"2026-07-27","last_updated_text":"27 July 2026","data_as_of":"2025","variable_measured":"Montenegro Trade Balance — Goods & Services (% of GDP)","license":"https://apiardata.com/data-license","is_accessible_for_free":true,"sources":[{"name":"Eurostat","url":"https://ec.europa.eu/eurostat/databrowser/view/NAMA_10_GDP/default/table"}],"meta":[{"label":"Frequency","value":"Annual"},{"label":"Coverage","value":"2006–2025"},{"label":"Observations","value":"20"},{"label":"Geography","value":"Montenegro"},{"label":"Last updated","value":"27 July 2026"}],"kpis":[{"label":"Montenegro (2025)","value":"-25.6","unit":"% of GDP (current prices)","trend":{"direction":"down","value":"-3.2pp YoY"}},{"label":"YoY Change","value":"-3.2pp","unit":"percentage points"},{"label":"Trend","value":"down","unit":""},{"label":"Series length","value":"20","unit":"years of data"}],"series":[{"key":"value","label":"Montenegro Trade Balance — Goods & Services (% of GDP)"}],"observation_count":20,"observations":[{"period":"2006","value":-36.9},{"period":"2007","value":-42.8},{"period":"2008","value":-53.4},{"period":"2009","value":-30.9},{"period":"2010","value":-25.4},{"period":"2011","value":-21.9},{"period":"2012","value":-24.3},{"period":"2013","value":-20.3},{"period":"2014","value":-19.9},{"period":"2015","value":-18.7},{"period":"2016","value":-22.6},{"period":"2017","value":-23.7},{"period":"2018","value":-24.2},{"period":"2019","value":-21.4},{"period":"2020","value":-35.4},{"period":"2021","value":-19.5},{"period":"2022","value":-22.8},{"period":"2023","value":-18.3},{"period":"2024","value":-22.4},{"period":"2025","value":-25.6}],"table":{"columns":[{"key":"year","label":"Year"},{"key":"value","label":"% of GDP (current prices)"},{"key":"yoyChange","label":"YoY Change"}],"rows":[{"year":"2025","value":"-25.6","yoyChange":"-3.2pp"},{"year":"2024","value":"-22.4","yoyChange":"-4.1pp"},{"year":"2023","value":"-18.3","yoyChange":"+4.5pp"},{"year":"2022","value":"-22.8","yoyChange":"-3.3pp"},{"year":"2021","value":"-19.5","yoyChange":"+15.9pp"},{"year":"2020","value":"-35.4","yoyChange":"-14pp"},{"year":"2019","value":"-21.4","yoyChange":"+2.8pp"},{"year":"2018","value":"-24.2","yoyChange":"-0.5pp"},{"year":"2017","value":"-23.7","yoyChange":"-1.1pp"},{"year":"2016","value":"-22.6","yoyChange":"-3.9pp"},{"year":"2015","value":"-18.7","yoyChange":"+1.2pp"},{"year":"2014","value":"-19.9","yoyChange":"+0.4pp"},{"year":"2013","value":"-20.3","yoyChange":"+4pp"},{"year":"2012","value":"-24.3","yoyChange":"-2.4pp"},{"year":"2011","value":"-21.9","yoyChange":"+3.5pp"},{"year":"2010","value":"-25.4","yoyChange":"+5.5pp"},{"year":"2009","value":"-30.9","yoyChange":"+22.5pp"},{"year":"2008","value":"-53.4","yoyChange":"-10.6pp"},{"year":"2007","value":"-42.8","yoyChange":"-5.9pp"},{"year":"2006","value":"-36.9","yoyChange":"n/a"}]},"qa":[{"question":"What does this indicator measure?","answer":"This page tracks the external balance of goods and services as a share of GDP in Montenegro from 2000 to present. It is published by Eurostat and updated annually."},{"question":"How current is this data?","answer":"The most recent observation covers 2025. Eurostat typically publishes this series with a lag of several months after the reference period. The series runs 2006–2025 (20 observations)."},{"question":"What is the long-term trend?","answer":"The series peaked at -18.3 % of GDP (current prices) in 2023 and reached its lowest recorded value of -53.4 in 2008. The latest reading of -25.6 in 2025 represents a change of -3.2pp."}]}