Editing Montenegro (section)

== Economy ==
{{Main|Economy of Montenegro}}

[[File:Wind Park Mozura Montenegro (49).jpg|thumb|right|Možura wind farm, [[Bar, Montenegro|Bar Municipality]], coastal region of Montenegro ]]

The economy of Montenegro is mostly [[Tertiary sector of the economy|service-based]] and is in [[Transition economy|late transition]] to a [[market economy]]. According to the [[International Monetary Fund]], the [[nominal GDP]] of Montenegro was $5.424&nbsp;billion in 2019.<ref name="IMFWEO.ME" /> The [[GDP PPP]] for 2019 was $12.516&nbsp;billion, or $20,083 per capita.<ref name="IMFWEO.ME" /> According to [[Eurostat]] data, the Montenegrin GDP per capita stood at 48% of the EU average in 2018.<ref>{{cite web|url=https://ec.europa.eu/eurostat/tgm/graph.do?tab=graph&plugin=1&pcode=tec00114&language=en&toolbox=data|title=GDP per capita in PPS|publisher=European Commission|access-date=30 April 2020}}</ref>

Montenegro joined the [[Central European Free Trade Agreement]] in 2007 and has a free trade agreement with the [[European Free Trade Association]] since 2012. The [[Central Bank of Montenegro]] is not part of the euro system but the country is "[[euroisation|euroised]]", using [[Montenegro and the euro|the euro unilaterally]] as its currency. Montenegro was ranked 65th in the [[Global Innovation Index]] in 2024, up from 75th in 2023.<ref>{{Cite book |author=[[World Intellectual Property Organization]] |url=https://www.wipo.int/web-publications/global-innovation-index-2024/en/ |title=Global Innovation Index 2024: Unlocking the Promise of Social Entrepreneurship |publisher=World Intellectual Property Organization |year=2024 |isbn=978-92-805-3681-2 |page=18 |language=en |doi=10.34667/tind.50062 |access-date=2024-10-06}}</ref><ref>{{Cite book |last=WIPO |title=Global Innovation Index 2023, 15th Edition |url=https://www.wipo.int/global_innovation_index/en/2023/index.html |access-date=2023-10-29 |via=www.wipo.int |date=6 November 2023 |publisher=World Intellectual Property Organization |doi=10.34667/tind.46596 |isbn=9789280534320 |language=en}}</ref>

=== Infrastructure ===
{{Main|Transport in Montenegro}}

The Montenegrin road infrastructure is not at Western European standards. No roads meet full motorway standards. Construction of new motorways is considered a national priority, as they are important for uniform economic development and the development of Montenegro as an attractive tourist destination.

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| caption1=[[A-1 motorway (Montenegro)|A-1 motorway]], part of the larger international project between Montenegro and neighboring [[Serbia]] that connects to the Belgrade–Bar motorway
| caption2=Roads of Montenegro in service and planned
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The [[European route]]s that pass through Montenegro are [[European route E65|E65]] and [[European route E80|E80]].

The backbone of the Montenegrin rail network is the [[Belgrade–Bar railway]], which provides international connection towards [[Serbia]]. A domestic branch line, the [[Nikšić-Podgorica railway]], operated as a freight-only line for decades, that opened for passenger traffic after reconstruction and electrification in 2012. The other branch line from Podgorica towards the Albanian border, the [[Podgorica–Shkodër railway]], is not in use.

Montenegro has two international airports, [[Podgorica Airport]] and [[Tivat Airport]].

The [[Port of Bar]] is Montenegro's main seaport. Initially built in 1906, the port was almost completely destroyed during World War II. Reconstruction began in 1950. It is equipped to handle over five million tons of cargo annually, but has been operating at a loss and well below capacity. The reconstruction of the [[Belgrade-Bar railway]] and the proposed [[Belgrade-Bar motorway]] are expected to return operating levels to capacity.

In 2023 there is a plan to install an [[LNG]] terminal at Bar to receive gas imports.<ref>{{cite web |title=Montenegro inks MoU with US companies for LNG terminal in port of Bar |url=https://www.offshore-energy.biz/montenegro-inks-mou-with-us-companies-for-lng-terminal-in-port-of-bar/ |date=12 May 2023}}</ref>

=== Tourism ===
{{main|Tourism in Montenegro}}

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| caption2= [[Sveti Stefan]]

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A total of 2.1&nbsp;million visitors visited Montenegro in 2022 spending 12.4m nights there.<ref>{{cite web |title=Arrivals and overnight stays, total |url=https://www.monstat.org/eng/novosti.php?id=3676#:~:text=Arrivals%20and%20overnight%20stays%2C%20total,and%2012%20428%20787%20overnights. |date=28 February 2023}}</ref> The majority of foreign visitors to Montenegro come from the neighbouring countries of Serbia, Bosnia and Herzegovina and Kosovo, as well as Russia.<ref>{{Cite web|url=https://www.monstat.org/userfiles/file/turizam/din2018/ukupno2017/Istra%C5%BEivanje%20o%20dolascima%20i%20no%C4%87enjima%20turista,%20ukupno%20-%202017(1).pdf|title=Foreign tourist arrivals and overnight stays by countries, 2017}}</ref>

The Montenegrin [[Adriatic]] coast is {{convert|295|km|abbr=on}} long, with {{convert|72|km|abbr=on}} of beaches and many well-preserved ancient towns. Some of the most popular beaches include [[Jaz Beach]], [[Budva|Mogren Beach]], [[Bečići|Bečići Beach]], [[Sveti Stefan|Sveti Stefan Beach]] and [[Velika Plaža]].<ref name="My Guide Montenegro">{{cite web| title=Best Beaches| website=My Guide Montenegro| url=https://www.myguidemontenegro.com/usefulinfo/best-beaches| access-date=8 July 2021}}</ref> Meanwhile, some of the most popular ancient towns include [[Herceg Novi]], [[Perast]], [[Kotor]], [[Budva]] and [[Ulcinj]].<ref name="My Guide Montenegro 2020">{{cite web| title=Old Towns in Montenegro| website=My Guide Montenegro| date=3 December 2020| url=https://www.myguidemontenegro.com/lists/old-towns-in-montenegro| access-date=8 July 2021}}</ref>

''[[National Geographic Traveler]]'' (edited once a decade) ranks Montenegro among the "50 Places of a Lifetime". Montenegrin seaside town [[Sveti Stefan]] was once used as the cover for the magazine.<ref>{{cite web|url=http://blogs.nationalgeographic.com/blogs/intelligenttravel/2009/09/50-places-of-a-lifetime-1.html|title=50 Places of a Lifetime|website=National Geographic|date=17 September 2009|access-date=11 September 2010|url-status=dead|archive-url=https://web.archive.org/web/20100329113520/http://blogs.nationalgeographic.com/blogs/intelligenttravel/2009/09/50-places-of-a-lifetime-1.html|archive-date=29 March 2010}}</ref> The coast region of Montenegro was considered one of the great "discoveries" among world tourists. In January 2010, ''[[The New York Times]]'' ranked the Ulcinj South Coast region of Montenegro, including [[Velika Plaža]], [[Ada Bojana]], and the [[Hotel Mediteran]] of Ulcinj, among the "Top 31 Places to Go in 2010" as part of a worldwide ranking.<ref>{{cite news|url=https://www.nytimes.com/2010/01/10/travel/10places.html?pagewanted=2&ref=travel|title=The 31 Places to Go in 2010|work=The New York Times|date=7 January 2010|access-date=7 December 2012}}</ref>