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World/Briefs/Montenegro

Intelligence brief

Montenegro — intelligence brief

The whole picture in one grounded read: observed macro indicators, the derived macro-sentiment composite, the business-cycle regime, and a forward forecast. Derived reads interpret already-observed numbers; the forecast is labelled projections (not observations); an absent series is shown honestly, never fabricated.

How to read this:Observeda real measured value from a named source.Derivedcomputed by Predictonomy from observed series using a reproducible method.AI readan AI interpretation of already-computed figures. Opinion, not a new data point.

Brief

What the data says

Observed macro, derived sentiment, the business-cycle regime, and forward projections — each traced to the live series it reads. Need it as JSON? GET /api/v1/brief/country/{iso3}.

Full briefledger 51018ed

Montenegro: macro conditions look cautious (pressure 59/100); the economy is in slowdown; 1 turning-point signal flagged; 19 observed macro indicators held; real gdp growth is projected at 2.23 for 2026.

Macro sentiment

Macro pressure

Derived
Elevated
59/ 100

Higher = more macro pressure. Reads as cautious (sentiment -0.18, −1 stressed … +1 supportive).

ⓘ How this score works
Confidence: 90%

Outlook 2026: cautious (projected sentiment -0.14) · a projection from baseline forecasts

Business-cycle regime

DerivedRegime inputsas of 2025-12-31

Slowdown

growth 2.7%momentum -0.42confidence: high
Turning-point signals
  • CPI inflation turned up (was falling, now rising).

Latest observations

Observed1 indicator omitted (not covered)

as of 2026-01-01

Current account balance to GDPObserved
-19.7%

IMF DataMapper API

as of 2024-01-01

Electric power consumption per capitaObserved
4.7k

World Bank Indicators API

as of 2024-01-01

Net energy importsObserved
34.2%

World Bank Indicators API

as of 2024-01-01

Energy use per capitaObserved
1.8k

World Bank Indicators API

as of 2025-01-01

Exports of goods and servicesObserved
40.1%

World Bank Indicators API

as of 2025-01-01

Gross domestic product, current US dollarsObserved
$9.2bn

World Bank Indicators API

as of 2025-01-01

GDP per capita, current US dollarsObserved
$14.8k

World Bank Indicators API

as of 2025-01-01

Real GDP growthObserved
2.7%

World Bank Indicators API

as of 2026-01-01

General government debt to GDPObserved
66.8%

IMF DataMapper API

as of 2025-01-01

Imports of goods and servicesObserved
65.7%

World Bank Indicators API

as of 2025-01-01

Consumer price inflationObserved
3.9%

World Bank Indicators API

as of 2025-01-01

Gross fixed capital formation to GDPObserved
22.3%

World Bank Indicators API

as of 2025-01-01

Total populationObserved
623.1k

World Bank Indicators API

as of 2025-01-01

Productivity growthObserved
3.4%

World Bank Indicators API

as of 2021-01-01

Renewable energy shareObserved
39.6%

World Bank Indicators API

as of 2025-01-01

Total reserves (excluding gold)Observed
$2.2bn

World Bank Indicators API

as of 2025-01-01

Reserves in months of importsObserved
4

World Bank Indicators API

as of 2025-01-01

Total reserves (including gold)Observed
$2.2bn

World Bank Indicators API

as of 2025-01-01

Unemployment rateObserved
13.6%

World Bank Indicators API

Forward forecast

Derivedprojections, not observations

Headline reliability: below naive track record (-5% skill vs naive; realized ±0.7693 over 1) · a track record, not a guarantee

Forecast heldDerivedledger 51018ed
Real GDP growth — 2026 baseline projection
2.23

Montenegro: forward projections across 15 macro indicators, horizons 2026, 2028, 2030, 2035. These are projections, not observations — each carries an optimistic/pessimistic band and a confidence interval, anchored against the latest observed value where one is held.

Current account balance to GDP

Latest observed-19.7(2026)· IMF DataMapper API

YearBaselineOptimisticPessimisticConf. band
2026-20.55-3.99-30-24.26 – -16.84
2028-20.448.24-30-27.28 – -13.61
2030-20.3416.69-30-29.52 – -11.15
2035-20.0830-30-30 – -6.18

Method: linear_trend; lookback 8y; horizon 1y; confidence 80%

Exports of goods and services

Latest observed40.06(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
202640.6662.0522.1336.96 – 44.37
202841.8778.919.7634.57 – 49.17
203043.0790.891.6232.79 – 53.35
203546.07113.7029.04 – 63.11

Method: linear_trend; lookback 8y; horizon 1y; confidence 80%

Gross domestic product, current US dollars

Latest observed9.2bn(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
20269.9bn11.3bn8.7bn9.6bn – 10.2bn
202811.5bn13.9bn9.4bn10.7bn – 12.4bn
203013.1bn16.3bn10.4bn11.6bn – 14.6bn
203517.2bn21.6bn13.3bn13.6bn – 20.7bn

Method: weighted_composite; lookback 8y; horizon 1y; confidence 80%

Real GDP growth

Latest observed2.74(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
20262.2312-10-2.13 – 6.59
20281.1712-10-6.38 – 8.72
20300.1112-10-9.65 – 9.87
2035-2.5412-10-10 – 11.55

Method: weighted_composite; lookback 6y; horizon 1y; confidence 80%

GDP per capita, current US dollars

Latest observed14.8k(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
202615.8k18.1k13.9k15.3k – 16.4k
202818.4k22.3k15.1k17.1k – 19.8k
203021k26k16.7k18.6k – 23.4k
203527.5k34.6k21.3k21.8k – 33.2k

Method: weighted_composite; lookback 8y; horizon 1y; confidence 80%

General government debt to GDP

Latest observed66.8(2026)· IMF DataMapper API

YearBaselineOptimisticPessimisticConf. band
202662.2688.1832.3557.27 – 67.24
202859.77104.677.9650 – 69.55
203057.29115.25043.79 – 70.79
203551.08133.05030.29 – 71.86

Method: linear_trend; lookback 10y; horizon 1y; confidence 80%

Imports of goods and services

Latest observed65.71(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
202665.9376.3655.563.28 – 68.58
202866.3784.4448.360.42 – 72.32
203066.8190.1343.4857.89 – 75.72
203567.91100.8934.9251.99 – 83.82

Method: linear_trend; lookback 8y; horizon 1y; confidence 80%

Consumer price inflation

Latest observed3.9(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
20264.6216.26-51.97 – 7.28
20285.4125.57-50.68 – 10.14
20306.232.22-5-0.07 – 12.46
20358.1744.97-5-1.3 – 17.63

Method: exponential_smoothing; lookback 6y; horizon 1y; confidence 80%

Gross fixed capital formation to GDP

Latest observed22.33(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
20262226.8117.8420.97 – 23.04
202821.129.4313.8918.9 – 23.3
203020.230.9510.8817.05 – 23.35
203517.9433.144.7712.9 – 22.99

Method: weighted_composite; lookback 8y; horizon 1y; confidence 80%

Total population

Latest observed623.1k(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
2026623.2k652.6k595.8k603.9k – 642.5k
2028622.7k652.2k595.4k576.7k – 668.8k
2030622.3k651.7k595k551.7k – 693k
2035621.2k650.6k594k492.4k – 750.1k

Method: exponential_smoothing; lookback 10y; horizon 1y; confidence 80%

Productivity growth

Latest observed3.41(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
20265.5215-101.43 – 9.6
20289.9515-102.56 – 15
203014.3915-104.31 – 15
20351515-10-0.03 – 15

Method: weighted_composite; lookback 7y; horizon 1y; confidence 80%

Total reserves (excluding gold)

Latest observed2.2bn(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
20262.2bn2.9bn1.6bn2.1bn – 2.4bn
20282.4bn3.5bn1.2bn2.1bn – 2.7bn
20302.5bn4bn1bn2.1bn – 2.9bn
20352.9bn5bn745.8m2.1bn – 3.6bn

Method: weighted_composite; lookback 8y; horizon 1y; confidence 80%

Reserves in months of imports

Latest observed3.95(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
20264.127.11.143.6 – 4.64
20284.329.4803.32 – 5.32
20304.4211.0803.05 – 5.79
20354.513.9202.34 – 6.66

Method: mean_reversion; lookback 10y; horizon 1y; confidence 80%

Total reserves (including gold)

Latest observed2.2bn(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
20262.2bn2.9bn1.6bn2.1bn – 2.4bn
20282.4bn3.5bn1.2bn2.1bn – 2.7bn
20302.5bn4bn1bn2.1bn – 2.9bn
20352.9bn5bn745.8m2.1bn – 3.6bn

Method: weighted_composite; lookback 8y; horizon 1y; confidence 80%

Unemployment rate

Latest observed13.57(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
202612.6214.3710.8712.15 – 13.09
202810.7213.757.699.74 – 11.7
20308.8212.734.917.52 – 10.13
20354.079.602.57 – 5.57

Method: linear_trend; lookback 6y; horizon 1y; confidence 80%

Generated by the prediction engine (model prediction-engine-v1) on 2026-10-31 from observed history. Projections, not observations — never a guarantee of future values.

Machine-readable: GET /api/v1/brief/country/MNE · API docs