The following information is correct as at latest publication date, the information is checked annually and changes included as appropriate with latest verification date as shown on this page.
Publication
Date: January 2011
Last Verified: January 2011
Data Sources: Montenegro Government, EBRD, OECD, UK DTI
|
Country State |
Republic of Montenegro Montenegro (State, area 21,506 km2) |
|
Political system |
Multi-party parliamentary republic |
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Population |
672,180 (July 2009 est) |
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Currency |
Euro |
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Per capita GDP |
€4,500 (July 2010) |
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GDP: |
€ 2.079 billion (2009) |
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GDP real growth rate: |
-7% (2009 est) |
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Population below poverty line: |
12.2% (2003) |
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Unemployment rate: |
12.4% (2010) |
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Inflation: |
8.2% (2008) |
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Major industries: |
Tourism, aluminium production, steel production, agricultural processing. |
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Major trading partners: |
Switzerland, Italy, Germany, Bosnia and Herzegovina, Greece, Serbia. |
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Capital |
Podgorica (administrative centre) and Cetinje (historic/cultural capital) |
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Language |
Montenegrin, Serbian, Bosnian, Albanian, and Croatian. (English common for tourism/business) |
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Coast |
Adriatic Sea, 293km coastline (117 bays) |
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Climate |
Mediterranean (av. 14 – 30 c) |
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International Status |
Designated supported zone: EU, UK & USA |
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Membership of International Organisations |
United
Nations (UN), Organisation for Security and Co-operation in Europe
(OSCE), Council of Europe (CoE), International Monetary Fund (IMF),
World Bank (WB), European Bank of Reconstruction and Development (EBRD),
Central European Initiative (CEI), International Labour Organisation
(ILO), United Nations World Tourism Organisation (UNWTO), the South
Eastern Europe Co-operation Process (SEECP) and the Stability Pact. |
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Currently applying for membership of the following International Organisations: |
World
Trade Organisation (WTO) |
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EU Status (+GDP contributors) |
Tourism, agri/fish (oil/gas potential near Bar) |
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Communications |
2 international airports (seasonal) 10+ UK airports fly to region Rail access via West, Central & Eastern Europe Road access via Adriatic highway, links with major EU road networks (i.e. 2 or 3 days drive from UK) Established/maturing digital & broadband telecoms infrastructure |
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Cultural influences |
On the cusp of east/west divide throughout history. Religion mainly Orthodox Christian (63%) |
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Touristic Heritage |
The 2nd largest canyon in the world (1st = Grand Canyon) and the largest in Europe, created by the river Tara, plus the only southern Fjord in Europe. Lake Skadar / Shkodra (Shkotar) is the largest Balkan lake (total size: 369.7 km² - up to 530 km² at high water; 2/3 on Montenegrin side; 148 km² on Albanian side) with a transboundary catchment of 5,180 km² at 770 m asl. medium elevation. It is located only 20 km from the Adriatic Sea at the Montenegrin-Albanian border (separated by steep karst mountains). The lake is mainly fed by Moraca river (99 km long), which has its source in central Montenegro mountains and is altered by 4 hydropower plants.
Clean sea plus clean fresh water combined with clean air and diverse terrain. |