Gross domestic product of Montenegro for period 2006 - 2010

This release presents results revised data series of gross domestic product (GDP) for Montenegro for period 2006 – 2010 at current prices and 2007 – 2010 at constant prices following the ESA 2010 methodology.
The chages which have the impact on the GDP level are related to the methodological changes based on ESA 2010: capitalisation of expenditure of research and development and capitalisation of the military equipment expenditure and additional statistical imporvements related to the the improvements of the compilation of FISIM, government expenditure and imputed rents with the aim of harmonisation with the European union standards.

The changes affected the average increase of 0,6% at the GDP level in nominal terms during the period 2006-2009, but did not significantly change published real growth rates.