The industrial base in Montenegro has traditionally been
based on sheep and goat breeding. Tourist traffic has
traditionally been of great importance on the coast, but the
industry was sharply reduced in the 1990s due to the
At independence in 1991, Montenegro was the least
developed of the Yugoslav republics. Until 1996, there was
little economic development.
From the mid-1990s, Montenegro has enjoyed steady
economic growth. Inflation is low, but unemployment is high.
Investments from abroad remain at a high level. Many foreign
players have invested in the tourism industry.
countryaah, Montenegro has privatized its large aluminum industry.
Agriculture and forestry
Montenegro generally has a small agricultural sector,
mostly near the coast where the Mediterranean climate makes
it possible to grow olives, citrus fruits, grapes and rice.
The arable farm is concentrated to valleys and poles, and is
partly favorable to the water. At Zetasletta, north of Lake
Scutari, corn, potatoes, wheat, tobacco, fruit and grapes
are grown. Some livestock (sheep, cattle, pigs). In the
highlands it is widespread with animal husbandry of goats
Mining and energy
It breaks down lignite and bauxite, among others.
The industry is dominated by the aluminum, iron, steel
and metal industries. Large production of semi-finished
products. Also part of the textile industry, including
cotton yarn production.
Transport and Communications
The road network is relatively well developed and is
approx. 7300 km (2008). There were the same year approx. 250
km of railway. The main connection goes from the town of Bar
on the Adriatic coast, through the capital Podgorica, and
further north to Serbia. Main port cities are Bar and Kotor.