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Government budget and revenue in Cetinje, Montenegro: official figures

The Municipality of Cetinje spent €13.22 million in 2025, about €918 per resident (11th highest of 21 municipalities), and received €13.97 million including €702,663 carried over from 2024.

How much revenue does Cetinje raise?

Own-source current revenue of Cetinje reached €6.53 million in 2025, or €453 per resident, 9th lowest of 21; Cetinje raised 1.6% of all municipal current revenue in Montenegro.

Source: Ministry of Finance of Montenegro · saved copy

What taxes does Cetinje collect?

Taxes brought Cetinje €4.93 million in 2025: €2.79 million from its share of personal income tax, €1.24 million in property tax, €530,017 in property transfer tax and €366,068 from the local income-tax surcharge.

Source: Ministry of Finance of Montenegro · saved copy

How much money does Cetinje get from the state?

Cetinje received €0 from the Equalisation Fund, €6.28 million in state budget transfers and €0 in grants in 2025, together 44.9% of its total receipts.

Source: Ministry of Finance of Montenegro · saved copy

How much does Cetinje invest?

Capital investment by Cetinje came to €328,102 in 2025, 2.5% of spending and €23 per resident (the lowest of 21); staff pay and contributions cost €2.80 million.

Source: Ministry of Finance of Montenegro · saved copy

How much debt does Cetinje municipality have?

Cetinje repaid €1.37 million of debt principal and paid €134,804 in interest in 2025, and reported €8.74 million of unpaid obligations at 31 December 2025.

Source: Ministry of Finance of Montenegro · saved copy

Does Cetinje have a budget deficit?

Leaving aside money carried over and new borrowing, Cetinje ran a surplus of €40,194 in 2025.

Source: Ministry of Finance of Montenegro · saved copy

How Cetinje compares with other first-level divisions

Municipal current (own-source) revenue per resident, EUR (2025)

Cetinje ranks 13 of 21, highest first.

RankRegionMunicipal current (own-source) revenue per resident, EUR
10Savnik€660
11Kolasin€647
12Ulcinj€548
13Cetinje€453
14Andrijevica€395
15Mojkovac€384
16Niksic€369
Source: Ministry of Finance of Montenegro · saved copy

Municipal capital spending per resident, EUR (2025)

Cetinje ranks 21 of 21, highest first.

RankRegionMunicipal capital spending per resident, EUR
15Bijelo Polje€91
16Niksic€88
17Berane€78
18Ulcinj€68
19Rozaj€55
20Danilovgrad€47
21Cetinje€23
Source: Ministry of Finance of Montenegro · saved copy

Property tax collected per resident, EUR (2025)

Cetinje ranks 14 of 21, highest first.

RankRegionProperty tax collected per resident, EUR
11Kolasin€106
12Podgorica€100
13Niksic€98
14Cetinje€86
15Andrijevica€63
16Danilovgrad€46
17Mojkovac€40
Source: Ministry of Finance of Montenegro · saved copy

Total municipal budget spending per resident, EUR (2025)

Cetinje ranks 11 of 21, highest first.

RankRegionTotal municipal budget spending per resident, EUR
8Pljevlja€1,157
9Andrijevica€1,041
10Herceg Novi€1,030
11Cetinje€918
12Bar€874
13Plav€804
14Ulcinj€803
Source: Ministry of Finance of Montenegro · saved copy

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Sources

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