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Quick Facts
- Constitutional name: Montenegro
- Location: South Eastern Europe
- Geographic coordinates: 42° 30’ N, 19° 18’ E
- Time zone: GMT+1
- Climate: Continental, Mediterranean and Mountainous
- Population: 622,303 (2016)
- Area: 13,812 km2
- Territorial division: 23 municipalities
- Capital: (population) Podgorica (195,718)
- Old Royal Capital (pop.): Cetinje (15,837)
- Political system: Parliamentary Democracy
- President of the Republic: Milo Đukanović
- Prime minister: Mr. Duško Markovic
- GDP (million €): 1 075 (IVq 2017)
- Real GDP Growth Rate: 4, 0% ( IVq 2017)
- GDP per capita: €6 354
- FDI (million €): 649,2 (2017)
- FDI per capita: € 958.5 (2017)
- Unemployment rate: 14,8 % (IIIq 2017)
- Corporate tax Flat: – 9%
- Personal income tax: 9% with introduction of temporary tax rate of 15% applicable only on the salaries above the 480 EUR net
- VAT: 21%, 7% (tourism) and 0%
- Currency: EUR
- Number of Airports: 2 (Podgorica and Tivat)
- Main port: Port of Bar
- Visa regime: None
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