Location:
- Southeastern Europe, bordering the Adriatic Sea;
- Neighbours: Albania, Croatia, Bosnia and Herzegovina, Serbia, Kosovo.

Climate:
- Mediterranean climate, hot dry summers and autumns and relatively cold winters with heavy snowfalls inland.

Natural hazards:
- destructive earthquakes.

Macro indicators

* 2018 estimates

Surface:	13,812	km2
Population*:	0.6	million
Pop. density*:	44.9	people/km2
GDP*:	4.6	EUR billion
GDP/capita*:	7,323.0	EUR

European Union:
Official candidate

Currency: Euro
Code: EUR
- unilaterally adopted currency


Insurance market portfolio
* 2018 estimates

TOTAL LIFE*:	18	%
TOTAL NON-LIFE*:	82	%
Overall Property*:	12	%
Overall Motor*:	50	%

Sources:

• Insurance Supervision Agency of Montenegro (ANO)
• Central Bank of Montenegro