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 (2019)

Canadian exports to country: $5,934,223
Canadian imports from country: $557,922
FDI in Canada (2018) : $ million
CDI in country (2018): $ million


Representation

Foreign Representation in Canada:
Ambassador Neboj�a Kaluderovic

Canadian Representation Abroad:
Ambassador Kati Csaba


February 2020
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
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
2019 $5,934,223 $557,922
Product trade (2019)
21 HS Sections
Canada - Montenegro
Section Exports Imports
01 Animal & Prod. $3,907,654 $
02 Veg. Prod. $746,162 $
03 Fats, Oils & Waxes Prod. $ $
04 Food Prod. $98,629 $199,533
05 Mineral Prod. $624 $9,016
06 Chemical Prod. $216,034 $1,035
07 Plastics, Rubber Prod. $3,931 $2,729
08 Leather, Fur Prod. $ $8,697
09 Wood Prod. $ $
10 Paper Prod. $ $1,160
11 Textiles Prod. $106,837 $82,045
12 Dress Access. $ $45
13 Glass & Stone Prod. $ $3,177
14 Precious Metals/stones $ $
15 Base Metal Prod. $6,494 $478
16 Mach. Mech. Elec. Prod. $149,147 $233,323
17 Vehicles and Equip. $502,217 $6,325
18 Specialized Inst. $44,442 $212
19 Arms & Ammunition $ $
20 Misc. Articles $20,255 $10,147
21 Antiques $ $