For eleven months of 2018, net inflow of foreign direct investments amounted €303,64 million, reports the Central Bank of Montenegro in the new preliminary data. In eleven months time, foreign financiers invested even €747,61 million in our state. However, the trend of significant outflow continued and at the end of November it amounted €443,97 million and thus the final amount of funds that stayed in Montenegro accounts for only 40,61% of investments.
During 2017, net inflow amounted €390,46 million. Although, foreign citizens invested “only” €535,02 million, around €144,26 million went out. That year, net inflow amounted €484,33 million.
Foreigners still have the most important role in FDI, since they brought to our state €726,84 million. Two most important parts refer to investments in Montenegrin companies of different profiles, then in not so quality investments in the form of inter-company debt, i.e. investments that do not increase capital stock of €276,01 million. Foreign citizens spent €161,73 million for the purchase of real estate.
The amount of assets that Montenegrin citizens withdrew into our state by reducing the capital in foreign banks and companies, reached €10,22 million. When it comes to domestic capital, inter-company debt provided the inflow of €9,87 million and our citizens “returned” €677.870 into our state by selling real estate abroad.
Citizens of Italy invested the most in our state (€113,74 million). Hungary takes second position with €57,46 million and it’s followed by the owners of the passports of Russian Federation ( €56,68 million).
Serbia, with €41,62 million, is far below the other states from the region.
