Factsheet : Montenegro

Official Title:
Montenegro


General Information

Capital: Podgorica
Population (million): .62
Total Area: 13,938km2
Currency: 1 CAN$ = 0.68 EURO (EUR) (2018- Annual average)
National Holiday: 21 May (Independence Day), 13 July (Statehood Day)
Language(s): Montenegrian, Serbian, Albanian, other


Political Information

Type of State:
Republic

Type of Government:
Parliamentary democracy. Unicameral parliament, 81 seats. Prime Minister and the government elected by majority vote of all the deputies in the Assembly.

Head of State:
President Milo Djukanovic (DPS)

Head of Government:
Prime Minister Du�ko Markovic (DPS)

Ministers:
Foreign Affairs: Srdan Darmanovic
Finance: Darko Radunovic
Defense: Predrag Bo�kovic

Main Political Parties:
Democratic Party of Socialists (DPS), Democratic Front (DF), Democratic Montenegro (DCG), Social Democratic Party of Montenegro (SDP) Ruling government coalition: DPS (35); Social Democrats (2); Bosniak (2), Albanian (1) and Croat (1) Minority Parties; Liberal Party (1).

Elections:
President (5 year term): next in 2023. Assembly (4 year term): next in 2020.


Economic Information (2018)

Comparative figures
Type Montenegro Canada
GDP: ($ billion) 7.02 2,222.58
GDP per capita: ($) 11,235.94 60,078.85
GDP growth rate: (%) 4.5 1.83
Inflation: (%) 2.6 2.24
Unemployment: (%) 0 5.82

Product Trade and Investment (2018)

Canadian exports to country: $7,406,808
Canadian imports from country: $4,350,986
FDI in Canada : $ million
CDI in Montenegro: $ million


Representation

Foreign Representation in Canada:
Ambassador Neboj�a Kaluderovic

Canadian Representation Abroad:
Ambassador Kati Csaba


December 2019
Sources include: Statistics Canada, IMF

PDF Version

Please note that all statistics reflect Canadian dollars, with some figures reflecting the yearly averages for the year. If listed as ’0’ or absent, the statistic is unavailable.
Bilateral Product trade
Canada - Montenegro
Year Exports Imports
2014 $2,422,752 $574,175
2015 $1,857,409 $677,390
2016 $3,296,989 $598,773
2017 $5,272,236 $3,218,908
2018 $7,406,808 $4,350,986
Product trade (2018)
21 HS Sections
Canada - Montenegro
Section Exports Imports
01 Animal & Prod. $5,193,572 $
02 Veg. Prod. $777,476 $86,777
03 Fats, Oils & Waxes Prod. $ $
04 Food Prod. $124,362 $242,716
05 Mineral Prod. $4,141 $35
06 Chemical Prod. $165,189 $9,295
07 Plastics, Rubber Prod. $6,796 $3,045
08 Leather, Fur Prod. $ $2,919
09 Wood Prod. $ $4,082
10 Paper Prod. $ $1,172
11 Textiles Prod. $3,209 $247
12 Dress Access. $1,311 $
13 Glass & Stone Prod. $ $
14 Precious Metals/stones $ $103
15 Base Metal Prod. $12,291 $10,535
16 Mach. Mech. Elec. Prod. $250,990 $3,961,178
17 Vehicles and Equip. $659,882 $24,001
18 Specialized Inst. $25,375 $308
19 Arms & Ammunition $20,753 $
20 Misc. Articles $ $1,273
21 Antiques $ $3,300