Medium-term report on Millennium development goals in Montenegro 2010
Medium-term report on Millennium development goals in Montenegro 2010
June 19, 2013
As an upper-middle-income country that is multiethnic, geo-politically stable and on track to meet most of the Millennium Development Goals, Montenegro is in a strong position to create optimal conditions for human security and development. There has been impressive economic growth over the last three years (on average, 9% for 2006, 2007 and 2008), fuelled by direct foreign investment (accounting for some 25% of GDP), expansion of the service sector in tourism, construction, retailing, banking and telecommunications as well as structural reform processes in the areas of public finances, price and trade liberalization.
Highlights
The overall poverty rate was considerably reduced in 2008, while the depth and severity of poverty were slightly reduced.
The elementary school enrolment rate in the 2008/2009 school year was 99.25%.
The employment rate for women in 2004 was 28.8%, while it was 36.1% in 2008.