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Sunday, September 8, 2024
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Montenegro registers a 45.23% decrease in foreign direct investments in 2023

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In 2023, Montenegro witnessed a notable decline of 45.23% in foreign direct investments (FDI) compared to the previous year, with a preliminary report from the Central Bank (CBCG) revealing a total inflow of 428.67 million euros. The overall FDI volume, encompassing both inflow and outflow, reached 856.99 million euros, indicating a 25.59% decrease. This decline was attributed to reduced investments based on intercompany debt and contributions to companies and banks, along with the withdrawal of investments from abroad, as highlighted in the latest CBCG Bulletin.

Among the leading contributors to FDI, Serbia topped the list with 125.2 million euros, followed by Russia (112.5 million euros), Turkey (85.2 million euros), Germany (72.8 million euros), and Switzerland (64.8 million euros).

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