Montenegro Foreign Exchange Reserves: % of GDP

2010 - 2024 | Quarterly | % | CEIC Data

Key information about Montenegro Foreign Exchange Reserves: % of GDP

  • Montenegro Foreign Exchange Reserves: % of GDP was reported at 20.204 % in Dec 2024
  • This records a decrease from the previous number of 21.535 % for Sep 2024
  • Montenegro Foreign Exchange Reserves: % of GDP data is updated quarterly, averaging 18.061 % from Dec 2010 to Dec 2024, with 57 observations
  • The data reached an all-time high of 43.520 % in Dec 2020 and a record low of 7.214 % in Jun 2012
  • Montenegro Foreign Exchange Reserves: % of GDP data remains active status in CEIC and is reported by CEIC Data
  • The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Foreign Exchange Reserves: % of Nominal GDP: Quarterly

CEIC calculates quarterly Foreign Exchange Reserves as % of Nominal GDP from monthly Foreign Exchange Reserves and quarterly Nominal GDP. The International Monetary Fund provides Foreign Exchange Reserves in USD. The Statistical Office of Montenegro provides Nominal GDP in EUR. Federal Reserve Board average market exchange rate is used for currency conversions.

View Montenegro's Foreign Exchange Reserves: % of GDP from Dec 2010 to Dec 2024 in the chart:

Montenegro Foreign Exchange Reserves: % of GDP

What was Montenegro's Foreign Exchange Reserves: % of GDP in Dec 2024?

Montenegro Foreign Exchange Reserves: % of GDP was reported at 20.204 % in Dec 2024 See the table below for more data.

Last Previous Min Max Unit Frequency Range
20.204 Dec 2024 21.535 Sep 2024 7.214 Jun 2012 43.520 Dec 2020 % quarterly Dec 2010 - Dec 2024

Foreign Exchange Reserves: % of GDP by Country Comparison

country/region Last Frequency Range
Albania (%) 22.419 Sep 2024 quarterly Dec 2008 - Sep 2024
Algeria (%) 25.249 Sep 2024 quarterly Dec 1999 - Sep 2024
Argentina (%) 3.598 Sep 2024 quarterly Dec 2004 - Sep 2024
Armenia (%) 14.187 Dec 2024 quarterly Dec 2013 - Dec 2024
Australia (%) 2.339 Dec 2024 quarterly Sep 1969 - Dec 2024
Austria (%) 0.641 Dec 2024 quarterly Dec 1995 - Dec 2024
Azerbaijan (%) 17.721 Sep 2024 quarterly Dec 2001 - Sep 2024
Bahrain (%) 8.711 Dec 2023 quarterly Dec 2007 - Dec 2023
Bangladesh (%) 4.000 Feb 2025 monthly Oct 1999 - Feb 2025
Belarus (%) 3.845 Sep 2024 quarterly Dec 2009 - Sep 2024
Belgium (%) 0.783 Dec 2024 quarterly Mar 1999 - Dec 2024
Bolivia (%) 0.459 Jun 2024 quarterly Mar 1999 - Jun 2024
Bosnia and Herzegovina (%) 32.623 Sep 2024 quarterly Dec 2008 - Sep 2024
Botswana (%) 21.129 Sep 2024 quarterly Jun 1994 - Sep 2024
Brazil (%) 13.549 Dec 2024 quarterly Dec 2000 - Dec 2024
Brunei (%) 6.000 Feb 2025 monthly Jan 2006 - Feb 2025
Bulgaria (%) 35.524 Dec 2024 quarterly Sep 2003 - Dec 2024
Cambodia (%) 7.000 Feb 2025 monthly Jan 2008 - Feb 2025
Canada (%) 4.192 Dec 2024 quarterly Jun 1999 - Dec 2024
Chile (%) 12.845 Sep 2024 quarterly Dec 1996 - Sep 2024
China (%) 6.600 Feb 2025 monthly Jan 1985 - Feb 2025
Colombia (%) 13.755 Dec 2024 quarterly Dec 2000 - Dec 2024
Croatia (%) 39.431 Dec 2022 quarterly Dec 1995 - Dec 2022
Cyprus (%) 0.729 Dec 2024 quarterly Mar 2002 - Dec 2024
Czech Republic (%) 39.975 Dec 2024 quarterly Mar 2000 - Dec 2024
Denmark (%) 18.979 Dec 2024 quarterly Mar 2002 - Dec 2024
Ecuador (%) 5.127 Sep 2024 quarterly Dec 2000 - Sep 2024
Egypt (%) 8.776 Sep 2024 quarterly Dec 2004 - Sep 2024
Estonia (%) 3.860 Dec 2024 quarterly Sep 2002 - Dec 2024
European Union (%) 1.915 Dec 2024 quarterly Dec 1999 - Dec 2024
Finland (%) 3.068 Dec 2024 quarterly Mar 2000 - Dec 2024
France (%) 0.975 Dec 2024 quarterly Mar 2004 - Dec 2024
Georgia (%) 11.046 Sep 2024 quarterly Dec 1996 - Sep 2024
Germany (%) 0.789 Dec 2024 quarterly Dec 1991 - Dec 2024
Ghana (%) 3.623 Dec 2023 quarterly Dec 2006 - Dec 2023
Greece (%) 1.534 Dec 2024 quarterly Mar 2004 - Dec 2024
Hong Kong SAR, China (%) 103.470 Dec 2024 quarterly Jun 2000 - Dec 2024
Hungary (%) 15.636 Dec 2024 quarterly Mar 2006 - Dec 2024
Iceland (%) 16.728 Dec 2024 quarterly Dec 2000 - Dec 2024
India (%) 4.000 Feb 2025 monthly Sep 1962 - Feb 2025
Indonesia (%) 9.000 Feb 2025 monthly Jan 1997 - Feb 2025
Ireland (%) 0.918 Dec 2024 quarterly Mar 1999 - Dec 2024
Israel (%) 38.877 Dec 2024 quarterly Dec 2001 - Dec 2024
Italy (%) 2.275 Dec 2024 quarterly Dec 1999 - Dec 2024
Ivory Coast (%) 0.003 Mar 2023 quarterly Dec 1997 - Mar 2023
Japan (%) 0.840 Dec 2024 monthly Oct 1980 - Dec 2024
Jordan (%) 27.497 Sep 2024 quarterly Dec 1992 - Sep 2024
Kazakhstan (%) 5.430 Dec 2023 quarterly Dec 2002 - Dec 2023
Kenya (%) 7.521 Sep 2024 quarterly Dec 2009 - Sep 2024
South Korea (%) 7.000 Feb 2025 monthly Nov 1979 - Feb 2025
Kosovo (%) 12.534 Sep 2024 quarterly Dec 2010 - Sep 2024
Kuwait (%) 25.562 Jun 2024 quarterly Dec 2010 - Jun 2024
Kyrgyzstan (%) 9.151 Dec 2024 quarterly Dec 2000 - Dec 2024
Laos (%) 8.000 Feb 2025 monthly Jan 2002 - Feb 2025
Latvia (%) 9.493 Dec 2024 quarterly Mar 1997 - Dec 2024
Lebanon (%) 21.405 2021 yearly 2004 - 2021
Lithuania (%) 7.431 Dec 2024 quarterly Dec 1995 - Dec 2024
Luxembourg (%) 0.220 Sep 2024 quarterly Mar 1999 - Sep 2024
Macau SAR, China (%) 58.563 Dec 2024 quarterly Dec 2001 - Dec 2024
North Macedonia (%) 29.004 Dec 2024 quarterly Dec 2000 - Dec 2024
Malawi (%) 7.753 2019 yearly 2002 - 2019
Malaysia (%) 2.000 Feb 2025 monthly Jan 1959 - Feb 2025
Malta (%) 4.309 Dec 2024 quarterly Dec 1995 - Dec 2024
Mauritius (%) 44.495 Sep 2024 quarterly Dec 2006 - Sep 2024
Mexico (%) 10.951 Dec 2024 quarterly Mar 2000 - Dec 2024
Moldova (%) 29.013 Dec 2024 quarterly Mar 2000 - Dec 2024
Mongolia (%) 20.332 Dec 2024 quarterly Dec 2010 - Dec 2024
Montenegro (%) 20.204 Dec 2024 quarterly Dec 2010 - Dec 2024
Morocco (%) 21.679 Sep 2024 quarterly Dec 2007 - Sep 2024
Mozambique (%) 16.911 2023 yearly 1984 - 2023
Myanmar (%) 3.750 Feb 2025 monthly May 2011 - Feb 2025
Nepal (%) 4.000 Feb 2025 monthly Jul 2003 - Feb 2025
Netherlands (%) 0.605 Dec 2024 quarterly Sep 1999 - Dec 2024
New Zealand (%) 6.453 Sep 2024 quarterly Sep 2005 - Sep 2024
Nigeria (%) 18.573 Sep 2024 quarterly Dec 2010 - Sep 2024
Norway (%) 15.907 Dec 2024 quarterly Mar 1999 - Dec 2024
Oman (%) 16.368 Sep 2024 quarterly Dec 2005 - Sep 2024
Pakistan (%) 5.000 Jan 2025 monthly Jul 2006 - Jan 2025
Palestinian Territory (%) 17.215 Sep 2024 quarterly Mar 2006 - Sep 2024
Panama (%) 5.697 Sep 2024 quarterly Dec 2007 - Sep 2024
Paraguay (%) 19.403 Sep 2024 quarterly Dec 1994 - Sep 2024
Peru (%) 25.180 Dec 2024 quarterly Dec 1990 - Dec 2024
Philippines (%) 7.000 Feb 2025 monthly May 1986 - Feb 2025
Poland (%) 19.665 Dec 2024 quarterly Dec 2002 - Dec 2024
Portugal (%) 172.712 Sep 2024 quarterly Dec 1999 - Sep 2024
Qatar (%) 19.692 Sep 2024 quarterly Dec 2010 - Sep 2024
Romania (%) 16.535 Dec 2024 quarterly Jun 2005 - Dec 2024
Russia (%) 19.376 Sep 2024 quarterly Dec 2011 - Sep 2024
Saudi Arabia (%) 38.053 Dec 2024 quarterly Dec 2003 - Dec 2024
Serbia (%) 30.849 Dec 2024 quarterly Mar 2004 - Dec 2024
Singapore (%) 65.403 Dec 2024 quarterly Jun 2000 - Dec 2024
Slovakia (%) 7.216 Dec 2024 quarterly Dec 1999 - Dec 2024
Slovenia (%) 1.865 Dec 2024 quarterly Dec 1995 - Dec 2024
South Africa (%) 11.762 Sep 2024 quarterly Mar 2001 - Sep 2024
Spain (%) 3.837 Dec 2024 quarterly Dec 1995 - Dec 2024
Sri Lanka (%) 4.000 May 2023 monthly Mar 1997 - May 2023
Sudan (%) 0.000 2017 yearly 1960 - 2017
Sweden (%) 6.925 Dec 2024 quarterly Mar 2000 - Dec 2024
Switzerland (%) 86.276 Dec 2024 quarterly Mar 2006 - Dec 2024
Syria (%) 31.149 2010 yearly 1990 - 2010

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Montenegro Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -2.9 Dec 2024 quarterly Dec 2012 - Dec 2024
Consolidated Fiscal Balance (USD mn) 2.142 Jan 2025 monthly Jan 2012 - Jan 2025
Tax Revenue (USD mn) 137.427 Jan 2025 monthly Jan 2012 - Jan 2025
Tax Revenue: % of GDP (%) 24.9 Dec 2024 quarterly Mar 2012 - Dec 2024
National Government Debt (USD mn) 4,906.6 Sep 2024 monthly Dec 2010 - Sep 2024
Government Debt: % of GDP (%) 59.8 Sep 2024 quarterly Dec 2010 - Sep 2024
Forecast: Government Expenditure (EUR bn) 4.457 2029 yearly 2002 - 2029
Forecast: Government Net Debt (EUR bn) 6.678 2029 yearly 2002 - 2029
Forecast: Government Revenue (EUR bn) 3.919 2029 yearly 2002 - 2029
General Govt Revenue: Cons: Taxes: Excises (EUR) 23,651,764.850 Jan 2025 monthly Jan 2012 - Jan 2025
General Government Revenue: Consolidated (EUR) 156,245,213.220 Jan 2025 monthly Jan 2012 - Jan 2025
General Govt Revenue: Cons: Taxes: Value Added Tax (EUR) 96,606,704.820 Jan 2025 monthly Jan 2012 - Jan 2025
General Govt Balance: Consolidated: Deficit or Surplus (EUR) 2,068,456.780 Jan 2025 monthly Jan 2012 - Jan 2025
General Govt Revenue: Cons: Taxes (EUR) 132,702,629.510 Jan 2025 monthly Jan 2012 - Jan 2025
General Govt Expenditure: Cons: ow Current (EUR) 154,050,948.920 Jan 2025 monthly Jan 2012 - Jan 2025
General Govt Expenditure: Consolidated (EUR) 154,176,756.440 Jan 2025 monthly Jan 2012 - Jan 2025
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 1.534 2028 yearly 2003 - 2028
Trade Balance (USD mn) -202.9 Jan 2025 monthly Jan 2005 - Jan 2025
Total Exports (USD mn) 44.8 Jan 2025 monthly Jan 2005 - Jan 2025
Total Exports Growth (%) -6.4 Jan 2025 monthly Jan 2006 - Jan 2025
Aluminum: Exports (USD th) 77,568.321 2023 yearly 2008 - 2023
Exports: Medicament (USD th) 44,798.671 2023 yearly 2008 - 2023
Exports: Medicinal and Pharmaceutical Product (USD th) 633.030 2023 yearly 2008 - 2023
Total Imports (USD mn) 247.7 Jan 2025 monthly Jan 2005 - Jan 2025
Total Imports Growth (%) 4.5 Jan 2025 monthly Jan 2006 - Jan 2025
Imports: Medicament (USD th) 145,430.350 2023 yearly 2008 - 2023
Imports: Medicinal and Pharmaceutical Product (USD th) 61,662.231 2023 yearly 2008 - 2023
Total Exports to USA (USD mn) 0.326 Jan 2025 monthly Jan 2010 - Jan 2025
Total Imports from USA (USD mn) 2.017 Jan 2025 monthly Jan 2006 - Jan 2025
Total Exports to China (USD mn) 3.566 Jan 2025 monthly Jan 2010 - Jan 2025
Total Imports from China (USD mn) 34.395 Jan 2025 monthly Jan 2006 - Jan 2025
Imports (EUR th) 239,198.143 Jan 2025 monthly Jan 2005 - Jan 2025
Exports (EUR th) 43,261.759 Jan 2025 monthly Jan 2005 - Jan 2025
Exports: Machinery & Transport Equipment (EUR th) 4,114.756 Jan 2025 monthly Mar 2009 - Jan 2025
Exports: Mineral Fuels, Lubricants & Related Materials (EUR th) 17,843.445 Jan 2025 monthly Mar 2009 - Jan 2025
Exports: Manufactured Goods (EUR th) 2,535.662 Jan 2025 monthly Mar 2009 - Jan 2025
Exports: Food & Live Animals (EUR th) 3,441.716 Jan 2025 monthly Mar 2009 - Jan 2025
Exports: Crude Materials: excl Fuels (EUR th) 8,770.757 Jan 2025 monthly Mar 2009 - Jan 2025
Exports: Europe: CEFTA: Serbia (EUR th) 9,140.412 Jan 2025 monthly Mar 2009 - Jan 2025
Exports: Europe: EU-28: Slovenia (EUR th) 2,689.830 Jan 2025 monthly Mar 2009 - Jan 2025
Imports: Food & Live Animals (EUR th) 45,073.913 Jan 2025 monthly Mar 2009 - Jan 2025
Imports: Miscellaneous Manufactured Goods (EUR th) 31,422.492 Jan 2025 monthly Mar 2009 - Jan 2025
Imports: Manufactured Goods (EUR th) 33,949.824 Jan 2025 monthly Mar 2009 - Jan 2025
Imports: Machinery & Transport Equipment (EUR th) 59,371.661 Jan 2025 monthly Mar 2009 - Jan 2025
Imports: Mineral Fuels, Lubricants & Related Materials (EUR th) 25,395.451 Jan 2025 monthly Mar 2009 - Jan 2025
Imports: Europe: CEFTA: Serbia (EUR th) 39,313.863 Jan 2025 monthly Mar 2009 - Jan 2025
Imports: Europe: EU-28: Greece (EUR th) 15,355.588 Jan 2025 monthly Mar 2009 - Jan 2025
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 12.7 Dec 2024 quarterly Mar 2005 - Dec 2024
Current Account Balance (USD mn) -278.9 Mar 2023 quarterly Mar 2004 - Mar 2023
Current Account Balance: % of GDP (%) -27.0 Dec 2024 quarterly Mar 2010 - Dec 2024
Foreign Direct Investment (USD mn) 138.0 Dec 2024 quarterly Mar 2005 - Dec 2024
Foreign Direct Investment: % of GDP (%) 6.8 Dec 2024 quarterly Mar 2010 - Dec 2024
Foreign Portfolio Investment (USD mn) -35.868 Dec 2024 quarterly Mar 2005 - Dec 2024
Foreign Portfolio Investment: % of GDP (%) -1.8 Dec 2024 quarterly Mar 2010 - Dec 2024
Foreign Portfolio Investment: Equity Securities (USD mn) 137.6 Sep 2024 quarterly Mar 2007 - Sep 2024
Foreign Portfolio Investment: Debt Securities (USD mn) 17.205 Sep 2024 quarterly Mar 2007 - Sep 2024
External Debt (USD mn) 8,616.5 2023 yearly 2006 - 2023
External Debt: % of GDP (%) 141.5 2022 yearly 2006 - 2022
External Debt: Short Term (USD mn) 198.7 2022 yearly 2007 - 2022
External Debt: Short Term: % of GDP (%) 3.2 2022 yearly 2007 - 2022
Forecast: Current Account Balance (USD bn) -1.492 2029 yearly 2001 - 2029
BoP: Current Account: Goods: Export (EUR th) 120,372.138 Dec 2018 quarterly Mar 2010 - Dec 2018
BoP: Current Account: Goods: Import (EUR th) 645,611.036 Dec 2018 quarterly Mar 2010 - Dec 2018
Balance of Payments (BoP): Current Account and Capital Account (EUR th) -374,597.413 Dec 2018 quarterly Mar 2010 - Dec 2018
BoP: Financial Account: Change in Central Bank Reserves (EUR th) -9,057.098 Dec 2018 quarterly Mar 2010 - Dec 2018
Gross General Government External Debt (EUR mn) 4,046.072 Sep 2024 monthly Dec 2010 - Sep 2024
Foreign Direct Investment: Flow: Slovenia (EUR) 9,478,424.000 2023 yearly 2001 - 2023
Foreign Direct Investment: Flow: Serbia (EUR) 125,266,558.270 2023 yearly 2002 - 2023
Foreign Direct Investment: Flow: Italy (EUR) 5,543,222.480 2023 yearly 2001 - 2023
Foreign Direct Investment: Flow: Switzerland (EUR) 65,139,405.970 2023 yearly 2001 - 2023
Foreign Direct Investment: Flow: Russian Federation (EUR) 112,506,571.770 2023 yearly 2001 - 2023
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 4.3 Jun 2024 monthly Aug 2010 - Jun 2024
Household Debt: % of GDP (%) 26.4 Dec 2024 quarterly Dec 2010 - Dec 2024
Non-Performing Loans (USD mn) 218.559 Nov 2022 monthly Dec 2010 - Nov 2022
M2 Growth (%) 12.0 2023 yearly 2003 - 2023
Reserve Requirement Ratio (%) 5.5 Feb 2025 monthly Jan 2002 - Feb 2025
Foreign Exchange Reserves (USD mn) 1,395.0 Jan 2025 monthly Dec 2002 - Jan 2025
Foreign Exchange Reserves: % of GDP (%) 20.204 Dec 2024 quarterly Dec 2010 - Dec 2024
Foreign Exchange Reserves: Months of Import (NA) 5.6 Jan 2025 monthly Jan 2005 - Jan 2025
Gold Reserves (USD mn) 0.000 Jan 2025 monthly Dec 2002 - Jan 2025
Total Deposits (USD mn) 5,942.815 Jan 2025 monthly Jan 2003 - Jan 2025
Total Deposits Growth (%) 5.9 Jan 2025 monthly Jan 2004 - Jan 2025
Domestic Credit (USD mn) 3,817.3 Jan 2025 monthly Jan 2005 - Jan 2025
Domestic Credit Growth (%) 4.2 Jan 2025 monthly Jan 2006 - Jan 2025
Household Debt (USD mn) 2,075.8 Jan 2025 monthly Dec 2004 - Jan 2025
Total Loans (USD mn) 4,915.298 Jan 2025 monthly Jan 2003 - Jan 2025
Total Loans Growth (%) 13.28 Jan 2025 monthly Jan 2004 - Jan 2025
Private Debt: % of Nominal GDP (%) 46.08 Dec 2024 quarterly Dec 2010 - Dec 2024
Bank Loans: Non Performing Loans (EUR th) 200,600.000 Apr 2018 monthly Dec 2010 - Apr 2018
Bank Loans: Residents: Households (EUR th) 1,188,990.000 Jun 2018 monthly Jan 2009 - Jun 2018
ME: Bank Non-Performing Loans to Total Gross Loans (%) 7.426 2018 yearly 2013 - 2018

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