Government budget and revenue in Budva, Montenegro: official figures
The Municipality of Budva spent €55.76 million in 2025, about €2,017 per resident (2nd highest of 21 municipalities), and received €73.29 million including €16.50 million carried over from 2024.
How much revenue does Budva raise?
Own-source current revenue of Budva reached €55.62 million in 2025, or €2,012 per resident, 2nd highest of 21; Budva raised 13.4% of all municipal current revenue in Montenegro.
Source: Ministry of Finance of Montenegro · saved copyWhat taxes does Budva collect?
Taxes brought Budva €45.15 million in 2025: €9.40 million from its share of personal income tax, €27.04 million in property tax, €6.43 million in property transfer tax and €2.28 million from the local income-tax surcharge.
Source: Ministry of Finance of Montenegro · saved copyDoes Budva get money from the Equalisation Fund?
Budva received no Equalisation Fund money or state transfers in 2025; fees, chiefly €6.05 million for servicing building land, brought in €6.60 million.
Source: Ministry of Finance of Montenegro · saved copyHow much does Budva invest?
Capital investment by Budva came to €17.89 million in 2025, 32.1% of spending and €647 per resident (3rd highest of 21); staff pay and contributions cost €8.99 million.
Source: Ministry of Finance of Montenegro · saved copyHow much debt does Budva municipality have?
Budva repaid €0 of debt principal and paid €0 in interest in 2025, and reported €11.08 million of unpaid obligations at 31 December 2025.
Source: Ministry of Finance of Montenegro · saved copyDoes Budva have a budget deficit?
Leaving aside money carried over and new borrowing, Budva ran a surplus of €1.03 million in 2025.
Source: Ministry of Finance of Montenegro · saved copyHow Budva compares with other first-level divisions
Municipal current (own-source) revenue per resident, EUR (2025)
Budva ranks 2 of 21, highest first.
| Rank | Region | Municipal current (own-source) revenue per resident, EUR |
|---|---|---|
| 1 | Pluzine | €2,038 |
| 2 | Budva | €2,012 |
| 3 | Tivat | €1,432 |
| 4 | Kotor | €1,386 |
| 5 | Zabljak | €1,023 |
| 6 | Herceg Novi | €972 |
| 7 | Pljevlja | €745 |
Municipal capital spending per resident, EUR (2025)
Budva ranks 3 of 21, highest first.
| Rank | Region | Municipal capital spending per resident, EUR |
|---|---|---|
| 1 | Pluzine | €1,397 |
| 2 | Zabljak | €691 |
| 3 | Budva | €647 |
| 4 | Tivat | €623 |
| 5 | Kotor | €602 |
| 6 | Kolasin | €564 |
| 7 | Savnik | €474 |
Property tax collected per resident, EUR (2025)
Budva ranks 2 of 21, highest first.
| Rank | Region | Property tax collected per resident, EUR |
|---|---|---|
| 1 | Pluzine | €1,147 |
| 2 | Budva | €978 |
| 3 | Tivat | €566 |
| 4 | Kotor | €450 |
| 5 | Herceg Novi | €418 |
| 6 | Savnik | €325 |
| 7 | Zabljak | €223 |
Total municipal budget spending per resident, EUR (2025)
Budva ranks 2 of 21, highest first.
| Rank | Region | Total municipal budget spending per resident, EUR |
|---|---|---|
| 1 | Pluzine | €3,670 |
| 2 | Budva | €2,017 |
| 3 | Savnik | €1,959 |
| 4 | Zabljak | €1,848 |
| 5 | Tivat | €1,513 |
| 6 | Kotor | €1,484 |
| 7 | Kolasin | €1,385 |
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Sources
- Ministry of Finance of Montenegro: Revenues, expenditures and outstanding obligations of local self-government units at 31 December 2025, read 24 October 2026 · saved copy (SHA-256 814d60704f75…)
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