Foreign direct investments (FDI) in Montenegro have shown a significant influx, totaling €789.61 million in the first ten months of last year. During the same period, however, the outflow of capital from the country reached €373.87 million, according to preliminary data from the Central Bank of Montenegro (CBCG).
The net inflow of foreign direct investments stood at €415.74 million, marking a 0.77 percent increase compared to the same timeframe in 2024. The CBCG reported that the total FDI inflow is up 7.01 percent compared to the previous year’s figures.
A closer look at the outflows reveals that investments by residents in foreign markets accounted for €95.12 million. In contrast, withdrawals by non-residents invested in Montenegro amounted to €278.75 million. This highlights a complex dynamic in the investment landscape, with both inflows and outflows influencing the overall economic picture.
Investment Breakdown and Trends
The inflow of foreign direct investments in the form of equity contributions reached €503.01 million, representing 63.7 percent of the total FDI. Of this, investments in real estate accounted for €405.91 million, while investments in businesses and banks totaled €97.1 million.
Additionally, the inflow of FDI in the form of intercompany loans was recorded at €254.18 million, which is a 5.01 percent increase compared to the same period in 2024. The remaining 4.11 percent of the investments were categorized as other investments, primarily reflecting funds withdrawn from foreign investments.
This data provides valuable insight into Montenegro’s investment climate, illustrating both the opportunities and challenges present in the region. The increase in foreign investments, particularly in real estate, suggests growing confidence among international investors in Montenegro’s economic prospects. As the country continues to attract foreign capital, these trends will likely play a crucial role in shaping its economic future.
