About Montenegro
Quick Facts
- Population
- 653,474 (July 2013 est.)
- Area
- 13,812 sq km
- ISO Code
- ME
- Continent
- Europe
- Government
- republic
- Active Causes
- 12
Europe
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Mediterranean climate, hot dry summers and autumns and relatively cold winters with heavy snowfalls inland
highly indented coastline with narrow coastal plain backed by rugged high limestone mountains and plateaus
bauxite, hydroelectricity
pollution of coastal waters from sewage outlets, especially in tourist-related areas such as Kotor
Serbian 63.6%, Montenegrin (official) 22%, Bosnian 5.5%, Albanian 5.3%, unspecified (includes Croatian) 3.7% (2003 census)
Orthodox 74.2%, Muslim 17.7%, Catholic 3.5%, other 0.6%, unspecified 3%, atheist 1% (2003 census)
9.1% of GDP (2010) of GDP
NA of GDP
Montenegro's economy is transitioning to a market system, but the state sector remains large and additional institutional changes are needed. The economy relies heavily on tourism and the export of refined metals. Unprofitable state-owned enterprises weigh on public finances. Montenegro severed its economy from federal control and from Serbia during the MILOSEVIC era and maintained its own central bank, adopted the deutsch mark, then the euro - rather than the Yugoslav dinar - as official currency, collected customs tariffs, and managed its own budget. The dissolution of the loose political un...
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