Montenegro Tourism Receipts
International tourism receipts ST.INT.RCPT.CD
Montenegro's tourism receipts was $180.0M in 2020, ranked 103rd globally. This represents a 85.9% decrease from 2019. Data from World Bank, covering 2007–2020.
Overview
Montenegro's tourism receipts stood at $180.0M in 2020, a decline of +$1.1B from 2019. Montenegro ranked 103rd globally.
Montenegro’s tourism receipts fell dramatically to US$180,000,000.00 in 2020, ranking 103rd globally, after a sharp contraction from the all‑time peak of US$1,276,000,000.00 recorded in 2019. The 2020 figure represents the lowest level since the series began in 2007, when receipts were US$660,000,000.00, and it is only slightly above the 2020 receipts of peer Honduras (US$189,000,000.00) and marginally higher than Cabo Verde’s US$169,000,000.00. The plunge mirrors the worldwide collapse in travel demand caused by the COVID‑19 pandemic, which erased most of the growth accumulated over the previous decade. Although the sector remained a modest contributor relative to larger Mediterranean destinations, the steep decline underscores the vulnerability of Montenegro’s tourism‑dependent economy to external shocks. Recovery will hinge on the pace of international travel reopening, the effectiveness of health protocols, and targeted marketing to re‑attract high‑spending visitors, which could gradually restore the upward trajectory.
Data & projection
| Year | Tourism Receipts | YoY change | Rank |
|---|---|---|---|
| 2020 | $180.0M | −$1.1B | #103 |
| 2019 | $1.3B | +$52.0M | #88 |
| 2018 | $1.2B | +$114.0M | #91 |
| 2017 | $1.1B | +$132.0M | #91 |
| 2016 | $978.0M | +$31.0M | #94 |
| 2015 | $947.0M | −$12.0M | #94 |
| 2014 | $959.0M | +$30.0M | #94 |
| 2013 | $929.0M | +$69.0M | #93 |
| 2012 | $860.0M | −$66.0M | #90 |
| 2011 | $926.0M | +$161.0M | #86 |
| 2010 | $765.0M | −$27.0M | #86 |
| 2009 | $792.0M | −$67.0M | #81 |
| 2008 | $859.0M | +$199.0M | #86 |
| 2007 | $660.0M | – | #91 |
Detected Pattern
Analysis
Montenegro matched the Fiscal Dominance Trap pattern in 2022. Historically, 72% of countries showing this pattern (278 out of 386) saw tourism receipts improve within 24 months. View full analysis →
Frequently Asked Questions
Montenegro's tourism receipts was $180.0M in 2020. Ranked 103rd globally. This represents a 85.9% decrease from the previous year.
Montenegro's tourism receipts peaked at $1.3B in 2019.
The lowest tourism receipts in Montenegro was $180.0M in 2020.
Montenegro ranks 103rd globally in tourism receipts as of 2020.
The World Bank indicator code is ST.INT.RCPT.CD. Data sourced from World Bank.
Montenegro's tourism receipts was approximately 180 million ($180.0M) in 2020.
The tourism receipts of Montenegro in 2020 was $180.0M. This ranks 103rd in the world.
Cite this page
@misc{historysaid_montenegro_tourism-receipts,
title = {Montenegro Tourism Receipts},
url = {https://historysaid.com/montenegro/tourism-receipts/},
publisher = {HistorySaid},
year = {2026}
}