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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 60ad23b

Montenegro: macro conditions look balanced (pressure 45/100); the economy is in expansion; 1 turning-point signal flagged; 19 observed macro indicators held; real gdp growth is projected at 2.11 for 2027.

Macro sentiment

Macro pressure

Derived
Watch
45/ 100

Higher = more macro pressure. Reads as balanced (sentiment +0.10, −1 stressed … +1 supportive).

ⓘ How this score works
Confidence: 90%

Outlook 2027: balanced (projected sentiment -0.06) · a projection from baseline forecasts

Business-cycle regime

DerivedRegime inputsas of 2026

Expansion

growth 2.8%momentum +0.06confidence: high
Turning-point signals
  • CPI inflation turned down (was rising, now falling).

Latest observations

Observed1 indicator omitted (not covered)

as of 2026-01-01

Current account balance to GDPObserved
-19.4%

IMF DataMapper API

as of 2023-01-01

Electric power consumption per capitaObserved
4.6k

World Bank Indicators API

as of 2023-01-01

Net energy importsObserved
24.4%

World Bank Indicators API

as of 2023-01-01

Energy use per capitaObserved
1.7k

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
62.4%

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 ±5.8515 over 20) · a track record, not a guarantee

Forecast heldDerivedledger 60ad23b
Real GDP growth — 2027 baseline projection
2.11

Montenegro: forward projections across 15 macro indicators, horizons 2026, 2027, 2028, 2029, 2030, 2031, 2035, 2036. 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-19.4(2026)· IMF DataMapper API

YearBaselineOptimisticPessimisticConf. band
2027-19.73-3.32-30-23.39 – -16.07
2029-20.398.03-30-27.17 – -13.61
2031-21.0515.64-30-30 – -11.88
2036-22.729.18-30-30 – -8.48

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
202710.9bn12.2bn9.7bn10.5bn – 11.2bn
202912.5bn14.9bn10.5bn11.6bn – 13.5bn
203114.2bn17.2bn11.6bn12.6bn – 15.8bn
203618.3bn22.6bn14.6bn14.5bn – 22.1bn

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

Real GDP growth

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

YearBaselineOptimisticPessimisticConf. band
20272.116.31-1.521.38 – 2.85
20290.387.64-5.91-0.88 – 1.64
2031-1.368.02-9.48-3.03 – 0.31
2036-5.77.56-10-8.82 – -2.58

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
202717.4k19.6k15.5k16.9k – 17.9k
202920k23.8k16.8k18.6k – 21.5k
203122.7k27.6k18.5k20.1k – 25.3k
203629.3k36.2k23.4k23.2k – 35.4k

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

General government debt to GDP

Latest observed62.4(2026)· IMF DataMapper API

YearBaselineOptimisticPessimisticConf. band
202760.3686.3230.455.4 – 65.32
202956.27101.234.3846.65 – 65.88
203152.18110.23039.07 – 65.28
203641.95124.05022.61 – 61.29

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
20273.0214.54-50.42 – 5.62
20292.0422-5-2.48 – 6.56
20311.0626.83-5-4.73 – 6.86
2036-1.3935.05-5-5 – 6.91

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
2027624.2k653.7k596.8k604.9k – 643.6k
2029625.2k654.7k597.7k578.9k – 671.4k
2031626.1k655.7k598.7k555k – 697.2k
2036628.5k658.2k600.9k498.1k – 758.9k

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 2026-08-04 from observed history. Projections, not observations — never a guarantee of future values.

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