Montenegro’s FDI Inflow Drops 10% in Early 2024

Montenegro’s net foreign direct investment (FDI) inflow decreased by 10% year-on-year to €162 million ($174 million) in the first four months of 2024, according to the Central Bank of Montenegro (CBCG).

The total FDI inflow for January-April 2024 fell by 3.9% year-on-year to €290 million, as reported in CBCG’s latest monthly statistical report.

While investments in companies and banks surged by 26% to €45 million during this period, real estate investments declined by 2.6% to €133.34 million. FDI in the form of intercompany debt rose by 6.9% to €107.6 million.

Meanwhile, total FDI outflow increased by 4.9% year-on-year to €128 million. This included €96.5 million from the withdrawal of non-residents’ funds and €31.6 million from resident investments abroad.