Republic of Montenegro: Public Expenditure and ... - Vlada Crne Gore

ANNEXES
ANNEX 1. MONTENEGRO: KEY MACROECONOMIC INDICATORS
Indicator 2001 2002 2003 2004 2005
Real sector developments
GDP, mln EUR 1245 1302 1433 1535 1644
GDP, mln USD 1115 1230 1621 1909 2045
GDP real growth -0.2 1.7 2.3 3.7 4.1
Industrial production growth (y-o-y) -2.0 0.6 2.4 13.8 -1.9
Agriculture growth, (y-o-y) 7.0 6.6 1.0 3.5
Public finances
Central government revenues, % GDP 23.3 26.7 25.7 24.5 26.5
Central government expenditures, % GDP 26.3 30.8 29.9 26.5 29.8
Budget deficit before grants, % GDP -3.0 -4.1 -4.2 -2.1 -3.3
General government revenues, % GDP 38.0 35.1 34.8 36.4 37.7
General gov. expenditure (inc.Union), % GDP 42.3 38.6 39.8 39.9 40.4
General government deficit before grants, %GDP -3.8 -4.9 -3.5 -2.7
General government deficit after.grants, %GDP -1.6 -1.8 -4.0 -3.1 -2.4
Privatization revenues, EUR mln 0.0 66.4 15.8 7.7 169.4
Privatization revenues, % GDP 0.0 5.1 1.1 0.5 10.3
Debt service, EUR mln 59.5 48.9 55.7 52.0
Prices
Inflation (CPI, eop) 24.0 9.4 6.7 4.3 1.8
Inflation (CPI, average) 22.9 17.5 7.0 3.1 3.4
Costs of living (eop) 26.6 9.5 6.2 1.5 2.4
Foreign Trade
Export of goods, mln USD 210.8 305.1 263.5 504.0 536.0
Import of goods, mln USD -647.4 -706.7 -762.7 -1064.3 -1175.1
Trade deficit, mln USD -436.6 -401.6 -499.3 -560.3 -639.0
CAD before grants, mln USD -307.5 -247.9 -234.0 -260.8 -250.2
CAD, as % GDP -27.6 -20.1 -16.2 -13.7 -12.2
CAD after grants, mln USD -175.0 -161.1 -202.9 -203.1 -198.8
CAD after grants, as % GDP -15.7 -13.1 -12.5 -10.7 -9.7
Export of goods, mln EUR 235.3 320.8 270.6 452.1 434.5
Import of goods, mln EUR 726.3 742.8 -629.9 -868.6 -940.3
Trade deficit, mln EUR -491.0 -422.0 -359.3 -416.4 -505.9
Export of goods in EUR, as % GDP 18.9 24.7 18.9 29.5 26.4
Import of goods in EUR, as % GDP 58.3 57.1 -44.0 -56.6 -57.2
Trade deficit, as %GDP -39.4 -32.4 -25.1 -27.1 -30.8