Montenegro’s FDI Surges, Driven by Real Estate Investments

According to preliminary data from the Central Bank of Montenegro, the total inflow of foreign direct investment (FDI) by the end of August reached €575.2 million

At the same time, €244.99 million flowed out of the country, largely due to resident investments abroad and the withdrawal of non-resident funds.

The net FDI inflow, representing the difference between inflows and outflows, stood at €330.21 million—an increase of 18.5% compared to the same period last year. Overall, the total FDI inflow is up by 2.51% year-on-year.

A significant portion of the inflow, €356.52 million, came in the form of equity investments, making up nearly 62% of the total. Of this, €284.92 million was directed toward real estate, while €71.6 million was invested in companies and banks.

This steady rise in FDI underscores Montenegro’s continued attractiveness to foreign investors, particularly in its booming real estate sector. The upward trend signals robust confidence in the Montenegrin market, as the country continues to balance foreign capital inflows with domestic investments abroad.

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