Millennium Development Goals in Montenegro Progress Report 200519 Jan 2005
This MDG Report for Montenegro is the first of its kind and was developed in the context of the overall situation in the Balkans since 1990 and its aftermath. Although substantial improvements can be documented compared to the last decade, progress in the implementation of economic reforms, economic growth and stability, regional stability, coherent policy evolution, reform of the legislative framework and social reforms, challenges still remain in the key fields: combat against poverty, establishment of a modern state based on the rule of law and democratisation, as well as the revitalization of economy.
- The war and collapse of former Yugoslavia in the first half of 1990s, the economic sanctions of the UN Security Council against FRY, and many mistakes of domestic economic and social policies, on the other hand, resulted in the sharp decline of economic activity and a dramatic increase of unemployment and poverty.
- In 2000 the level of real GDP per capita was more than 25% lower than in 1990. This represents a considerable recovery from 1994/95 when it sank to below 55%.
- In 2000, around 12% of the population of Montenegro were categorized as poor (below the official poverty line) and one third were considered to be economically vulnerable.