Montenegro: External debt
* indicates monthly or quarterly data series
| Montenegro |
External debt, percent of GDP |
|---|---|
| Latest value | 121.41 |
| Year | 2024 |
| Measure | percent |
| Data availability | 2006 - 2024 |
| Average | 124.95 |
| Min - Max | 32.35 - 219.22 |
| Source | The World Bank |
| Available for | Data download |
The latest value from 2024 is 121.41 percent, an increase from 112.69 percent in 2023. In comparison, the world average is 132.26 percent, based on data from 119 countries. Historically, the average for Montenegro from 2006 to 2024 is 124.95 percent. The minimum value, 32.35 percent, was reached in 2006 while the maximum of 219.22 percent was recorded in 2020.
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* indicates monthly or quarterly data series
| Recent values | Montenegro: External debt |
|---|---|
| 2024 | 121.41 |
| 2023 | 112.69 |
| 2022 | 139.43 |
| 2021 | 162.03 |
| 2020 | 219.22 |
| 2019 | 154.06 |
| 2018 | 148.79 |
| 2017 | 151.02 |
Definition: The total debt of public and private borrowers held by non-residents as percent of GDP. Source: Kose, M. Ayhan, Sergio Kurlat, Franziska Ohnsorge, and Naotaka Sugawara. 2022. "A Cross-Country Database of Fiscal Space." Journal of International Money and Finance 128 (November): 102682.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Trade openness | 105.77 | 2025 | percent |
| Exports, percent of GDP | 40.06 | 2025 | percent |
| Exports, billion dollars | 3.70 | 2025 | billion U.S. dollars |
| Growth of exports | -4.65 | 2025 | percent |
| Imports, percent of GDP | 65.71 | 2025 | percent |
| Imports, billion dollars | 6.07 | 2025 | billion U.S. dollars |
| Foreign Direct Investment, percent of GDP | 7.32 | 2025 | percent |
| Foreign Direct Investment, billion dollars | 0.60 | 2024 | billion U.S. dollars |
| Portfolio investment inflows, equities | -49.17 | 2024 | million dollars (current) |
| Current account, percent of GDP | -20.38 | 2025 | percent |
| Current account, in dollars | -1.88 | 2025 | billion U.S. dollars |
| Trade balance, percent of GDP | -25.65 | 2025 | percent |
| Trade balance, in dollars | -1.85 | 2024 | billion U.S. dollars |
| Reserves | 2.20 | 2025 | billion U.S. dollars |
| Remittances, percent of GDP | 10.34 | 2024 | percent |
| Remittances | 897.11 | 2025 | million U.S. dollars |
| Net errors and omissions | 13.05 | 2025 | million USD |
| External debt | 121.41 | 2024 | percent |
| Short-term external debt | 2.02 | 2023 | percent |
| Short-term debt to reserves | 11.04 | 2023 | percent |