Government budget and revenue in Kotor, Montenegro: official figures
The Municipality of Kotor spent €33.69 million in 2025, about €1,484 per resident (6th highest of 21 municipalities), and received €34.61 million including €2.79 million carried over from 2024.
How much revenue does Kotor raise?
Own-source current revenue of Kotor reached €31.46 million in 2025, or €1,386 per resident, 4th highest of 21; Kotor raised 7.6% of all municipal current revenue in Montenegro.
Source: Ministry of Finance of Montenegro · saved copyWhat taxes does Kotor collect?
Taxes brought Kotor €19.40 million in 2025: €5.06 million from its share of personal income tax, €10.21 million in property tax, €2.88 million in property transfer tax and €1.25 million from the local income-tax surcharge.
Source: Ministry of Finance of Montenegro · saved copyHow much money does Kotor get from the state?
Kotor received €0 from the Equalisation Fund, €19,000 in state budget transfers and €0 in grants in 2025, together 0.1% of its total receipts.
Source: Ministry of Finance of Montenegro · saved copyHow much does Kotor invest?
Capital investment by Kotor came to €13.66 million in 2025, 40.5% of spending and €602 per resident (5th highest of 21); staff pay and contributions cost €4.57 million.
Source: Ministry of Finance of Montenegro · saved copyHow much debt does Kotor municipality have?
Kotor repaid €231,631 of debt principal and paid €12,930 in interest in 2025, and reported €803,954 of unpaid obligations at 31 December 2025.
Source: Ministry of Finance of Montenegro · saved copyDoes Kotor have a budget deficit?
Leaving aside money carried over and new borrowing, Kotor ran a deficit of €1.86 million in 2025.
Source: Ministry of Finance of Montenegro · saved copyHow Kotor compares with other first-level divisions
Municipal current (own-source) revenue per resident, EUR (2025)
Kotor ranks 4 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)
Kotor ranks 5 of 21, highest first.
| Rank | Region | Municipal capital spending per resident, EUR |
|---|---|---|
| 2 | Zabljak | €691 |
| 3 | Budva | €647 |
| 4 | Tivat | €623 |
| 5 | Kotor | €602 |
| 6 | Kolasin | €564 |
| 7 | Savnik | €474 |
| 8 | Pljevlja | €368 |
Property tax collected per resident, EUR (2025)
Kotor ranks 4 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)
Kotor ranks 6 of 21, highest first.
| Rank | Region | Total municipal budget spending per resident, EUR |
|---|---|---|
| 3 | Savnik | €1,959 |
| 4 | Zabljak | €1,848 |
| 5 | Tivat | €1,513 |
| 6 | Kotor | €1,484 |
| 7 | Kolasin | €1,385 |
| 8 | Pljevlja | €1,157 |
| 9 | Andrijevica | €1,041 |
More on Kotor: overview · economy and jobs · health · education and schools · poverty and living standards · government and politics · Montenegro
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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