Montenegro Foreign Exchange Reserves: Months of Import

2005 - 2024 | Monthly | NA | CEIC Data

Key information about Montenegro Foreign Exchange Reserves: Months of Import

  • Montenegro Foreign Exchange Reserves equaled 4.4 Months of Import in Dec 2024, compared with the ratio of 4.7 in the previous month
  • Montenegro Foreign Exchange Reserves: Months of Import data is updated monthly, available from Jan 2005 to Dec 2024
  • The data reached an all-time high of 16.2 in Jan 2021 and a record low of 1.0 in Jan 2005

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


Further information about Montenegro Foreign Exchange Reserves: Months of Import

  • In the latest reports, Montenegro Foreign Exchange Reserves was measured at 1.6 USD bn in Dec 2024
  • Its Money Supply M2 increased 12.0 % YoY in Dec 2023
  • Montenegro Domestic Credit reached 3.8 USD bn in Dec 2024, representing an increased of 2.4 % YoY
  • The country's Non Performing Loans Ratio stood at 4.3 % in Jun 2024, compared with the ratio of 4.6 % in the previous month
  • Household Debt of Montenegro reached 2.0 USD bn in Dec 2024, accounting for 25.6 % of the country's Nominal GDP

View Montenegro's Foreign Exchange Reserves: Months of Import from Jan 2005 to Dec 2024 in the chart:

Montenegro Foreign Exchange Reserves: Months of Import

What was Montenegro's Foreign Exchange Reserves: Months of Import in Dec 2024?

Montenegro Foreign Exchange Reserves equaled 4.4 Months of Import in Dec 2024, compared with the ratio of 4.7 in the previous month See the table below for more data.

Last Previous Min Max Unit Frequency Range
4.4 Dec 2024 4.7 Nov 2024 1.0 Jan 2005 16.2 Jan 2021 NA monthly Jan 2005 - Dec 2024

Foreign Exchange Reserves: Months of Import by Country Comparison

country/region Last Frequency Range
Albania (NA) 7.4 Nov 2024 monthly Dec 1993 - Nov 2024
Algeria (NA) 15.7 Dec 2020 monthly Jan 2000 - Dec 2020
Argentina (NA) 3.7 May 2023 monthly Jan 1990 - May 2023
Armenia (NA) 3.2 Dec 2024 monthly Jan 2000 - Dec 2024
Australia (NA) 1.5 May 2023 monthly Jul 1971 - May 2023
Austria (NA) 0.2 Nov 2024 monthly Jan 1957 - Nov 2024
Azerbaijan (NA) 5.3 Dec 2024 monthly Mar 1994 - Dec 2024
Bahrain (NA) 2.4 2023 yearly 1966 - 2023
Bangladesh (NA) 3.0 Nov 2024 monthly Jul 1986 - Nov 2024
Belarus (NA) 0.8 Nov 2024 monthly Dec 2002 - Nov 2024
Belgium (NA) 0.1 Nov 2024 monthly Jan 1999 - Nov 2024
Bolivia (NA) 0.2 Aug 2024 monthly Jan 2000 - Aug 2024
Bosnia and Herzegovina (NA) 8.0 Jan 2025 monthly Jan 2000 - Jan 2025
Botswana (NA) 8.2 Mar 2023 monthly Jan 2003 - Mar 2023
Brazil (NA) 12.8 Jan 2025 monthly Nov 2000 - Jan 2025
Brunei (NA) 5.4 Jul 2024 monthly Jan 2010 - Jul 2024
Bulgaria (NA) 9.1 Dec 2024 monthly Sep 2003 - Dec 2024
Cambodia (NA) 6.6 Mar 2023 monthly Jun 2013 - Mar 2023
Canada (NA) 2.0 Dec 2024 monthly Jun 1999 - Dec 2024
Chile (NA) 5.7 Jan 2025 monthly Jan 2003 - Jan 2025
China (NA) 13.9 Dec 2024 monthly Jan 2000 - Dec 2024
Colombia (NA) 10.2 Dec 2024 monthly Jan 1980 - Dec 2024
Croatia (NA) 8.0 Dec 2022 monthly Jan 1999 - Dec 2022
Cyprus (NA) 0.2 Dec 2024 monthly Jan 2002 - Dec 2024
Czech Republic (NA) 8.2 Dec 2024 monthly Mar 2000 - Dec 2024
Denmark (NA) 7.6 Dec 2024 monthly Jan 2002 - Dec 2024
Ecuador (NA) 1.7 Dec 2024 monthly Jan 2005 - Dec 2024
Egypt (NA) 4.4 Apr 2023 monthly Dec 2004 - Apr 2023
Estonia (NA) 0.9 Dec 2024 monthly Jan 2001 - Dec 2024
European Union (NA) 1.4 Dec 2024 monthly Jan 2002 - Dec 2024
Finland (NA) 1.3 Nov 2024 monthly Jan 2000 - Nov 2024
France (NA) 0.5 Dec 2024 monthly Feb 2004 - Dec 2024
Georgia (NA) 2.1 Jan 2025 monthly Oct 1995 - Jan 2025
Germany (NA) 0.3 Dec 2024 monthly Jan 1957 - Dec 2024
Ghana (NA) 2.4 Jan 2024 monthly Mar 2005 - Jan 2024
Greece (NA) 0.5 Dec 2024 monthly Jan 2004 - Dec 2024
Hong Kong SAR, China (NA) 9.3 May 2023 monthly Apr 2000 - May 2023
Hungary (NA) 3.4 Dec 2024 monthly Jan 2002 - Dec 2024
Iceland (NA) 7.7 Jan 2025 monthly Oct 2000 - Jan 2025
India (NA) 9.2 May 2023 monthly Apr 1990 - May 2023
Indonesia (NA) 7.8 Jan 2025 monthly Jan 2008 - Jan 2025
Ireland (NA) 0.4 Dec 2024 monthly Jan 1999 - Dec 2024
Israel (NA) 28.7 Jan 2025 monthly Dec 2001 - Jan 2025
Italy (NA) 1.2 Dec 2024 monthly Dec 1999 - Dec 2024
Ivory Coast (NA) 0.0 Oct 2024 monthly Jan 1981 - Oct 2024
Japan (NA) 16.2 Jan 2025 monthly Apr 2000 - Jan 2025
Jordan (NA) 6.2 Dec 2024 monthly Jan 1972 - Dec 2024
Kazakhstan (NA) 3.2 Dec 2024 monthly Dec 2002 - Dec 2024
Kenya (NA) 4.7 Oct 2024 monthly Sep 2005 - Oct 2024
South Korea (NA) 7.6 Jan 2025 monthly Jan 1971 - Jan 2025
Kosovo (NA) 1.7 Dec 2024 monthly Jan 2003 - Dec 2024
Kuwait (NA) 13.3 Sep 2024 quarterly Mar 1973 - Sep 2024
Kyrgyzstan (NA) 1.6 Dec 2024 monthly Jan 2003 - Dec 2024
Laos (NA) 2.5 Jun 2024 quarterly Mar 2004 - Jun 2024
Latvia (NA) 2.1 Dec 2024 monthly Jan 1997 - Dec 2024
Lebanon (NA) 12.5 Dec 2022 monthly Jan 1993 - Dec 2022
Lithuania (NA) 1.8 Dec 2024 monthly Jan 1999 - Dec 2024
Luxembourg (NA) 0.0 Dec 2024 monthly Jan 1999 - Dec 2024
Macau SAR, China (NA) 22.3 Jan 2025 monthly Jan 2000 - Jan 2025
North Macedonia (NA) 4.7 Dec 2024 monthly Jan 2002 - Dec 2024
Malawi (NA) 1.7 Oct 2021 monthly Jan 1994 - Oct 2021
Malaysia (NA) 6.3 May 2023 monthly Dec 1990 - May 2023
Malta (NA) 1.5 Nov 2024 monthly Oct 1994 - Nov 2024
Mauritius (NA) 10.8 Dec 2024 monthly Jan 2006 - Dec 2024
Mexico (NA) 4.1 Dec 2024 monthly Jan 2000 - Dec 2024
Moldova (NA) 6.2 Dec 2024 monthly Jan 2005 - Dec 2024
Mongolia (NA) 4.3 Nov 2024 monthly Jan 1997 - Nov 2024
Montenegro (NA) 4.4 Dec 2024 monthly Jan 2005 - Dec 2024
Morocco (NA) 4.6 Dec 2024 monthly Dec 2001 - Dec 2024
Mozambique (NA) 5.4 Jun 2024 monthly Jan 2011 - Jun 2024
Myanmar (NA) 5.2 Jun 2022 quarterly Sep 2010 - Jun 2022
Nepal (NA) 12.8 Jan 2025 monthly Aug 2003 - Jan 2025
Netherlands (NA) 0.1 Nov 2024 monthly Sep 1999 - Nov 2024
New Zealand (NA) 6.2 Jan 2025 monthly Sep 2005 - Jan 2025
Nigeria (NA) 10.7 Aug 2024 monthly Jan 2003 - Aug 2024
Norway (NA) 10.5 Jan 2025 monthly Jan 1999 - Jan 2025
Oman (NA) 4.7 Nov 2024 monthly Jan 1975 - Nov 2024
Pakistan (NA) 3.0 Jan 2025 monthly Jan 1996 - Jan 2025
Palestinian Territory (NA) 1.2 Nov 2024 monthly Jan 2011 - Nov 2024
Panama (NA) 5.5 Dec 2024 monthly Jan 2000 - Dec 2024
Paraguay (NA) 6.1 Jan 2025 monthly Jan 1994 - Jan 2025
Peru (NA) 16.7 Nov 2024 monthly Jan 1985 - Nov 2024
Philippines (NA) 9.3 Dec 2024 monthly Jan 1979 - Dec 2024
Poland (NA) 5.4 Nov 2024 monthly Jan 2000 - Nov 2024
Portugal (NA) 0.7 Dec 2024 monthly Dec 1999 - Dec 2024
Qatar (NA) 12.3 Dec 2024 monthly Jan 1998 - Dec 2024
Romania (NA) 5.9 Dec 2024 monthly Apr 2005 - Dec 2024
Russia (NA) 14.9 Oct 2024 monthly Jan 1998 - Oct 2024
Saudi Arabia (NA) 21.4 2024 yearly 1957 - 2024
Serbia (NA) 7.1 Dec 2024 monthly Jan 2004 - Dec 2024
Singapore (NA) 9.0 Jan 2025 monthly Apr 2000 - Jan 2025
Slovakia (NA) 1.1 Dec 2024 monthly Jan 2004 - Dec 2024
Slovenia (NA) 0.2 Nov 2024 monthly Jan 1996 - Nov 2024
South Africa (NA) 6.1 Dec 2024 monthly Oct 2004 - Dec 2024
Spain (NA) 1.6 Nov 2024 monthly Jan 1987 - Nov 2024
Sri Lanka (NA) 3.1 Dec 2024 monthly Jan 1982 - Dec 2024
Sudan (NA) 0.0 Dec 2017 monthly Jan 2003 - Dec 2017
Sweden (NA) 3.0 Dec 2024 monthly Mar 2000 - Dec 2024
Switzerland (NA) 20.2 Jan 2025 monthly Jun 1999 - Jan 2025
Syria (NA) 9.8 Jun 2011 quarterly Mar 1960 - Jun 2011

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Montenegro Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -0.9 Sep 2024 quarterly Dec 2012 - Sep 2024
Consolidated Fiscal Balance (USD mn) -240.284 Dec 2024 monthly Jan 2012 - Dec 2024
Tax Revenue (USD mn) 176.598 Dec 2024 monthly Jan 2012 - Dec 2024
Tax Revenue: % of GDP (%) 22.8 Sep 2024 quarterly Mar 2012 - Sep 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 (EUR) 168,637,973.130 Dec 2024 monthly Jan 2012 - Dec 2024
General Govt Expenditure: Consolidated (EUR) 489,660,281.720 Dec 2024 monthly Jan 2012 - Dec 2024
General Govt Balance: Consolidated: Deficit or Surplus (EUR) -229,453,616.600 Dec 2024 monthly Jan 2012 - Dec 2024
General Govt Expenditure: Cons: ow Current (EUR) 398,185,049.730 Dec 2024 monthly Jan 2012 - Dec 2024
General Govt Revenue: Cons: Taxes: Value Added Tax (EUR) 111,577,546.990 Dec 2024 monthly Jan 2012 - Dec 2024
General Government Revenue: Consolidated (EUR) 260,206,665.120 Dec 2024 monthly Jan 2012 - Dec 2024
General Govt Revenue: Cons: Taxes: Excises (EUR) 30,621,579.680 Dec 2024 monthly Jan 2012 - Dec 2024
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) 34,801.190 2022 yearly 2008 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 28.151 2022 yearly 2008 - 2022
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) 116,265.339 2022 yearly 2008 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 45,821.508 2022 yearly 2008 - 2022
Total Exports to USA (USD mn) 0.602 Dec 2024 monthly Jan 2010 - Dec 2024
Total Imports from USA (USD mn) 3.693 Dec 2024 monthly Jan 2006 - Dec 2024
Total Exports to China (USD mn) 0.183 Dec 2024 monthly Jan 2010 - Dec 2024
Total Imports from China (USD mn) 43.631 Dec 2024 monthly Jan 2006 - Dec 2024
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: Mineral Fuels, Lubricants & Related Materials (EUR th) 25,102.890 Dec 2024 monthly Mar 2009 - Dec 2024
Exports: Machinery & Transport Equipment (EUR th) 6,509.323 Dec 2024 monthly Mar 2009 - Dec 2024
Exports: Manufactured Goods (EUR th) 5,180.036 Dec 2024 monthly Mar 2009 - Dec 2024
Exports: Food & Live Animals (EUR th) 6,258.843 Dec 2024 monthly Mar 2009 - Dec 2024
Exports: Crude Materials: excl Fuels (EUR th) 7,391.850 Dec 2024 monthly Mar 2009 - Dec 2024
Exports: Europe: EU-28: Slovenia (EUR th) 1,712.319 Dec 2024 monthly Mar 2009 - Dec 2024
Exports: Europe: CEFTA: Serbia (EUR th) 22,390.549 Dec 2024 monthly Mar 2009 - Dec 2024
Imports: Manufactured Goods (EUR th) 51,668.501 Dec 2024 monthly Mar 2009 - Dec 2024
Imports: Mineral Fuels, Lubricants & Related Materials (EUR th) 29,151.601 Dec 2024 monthly Mar 2009 - Dec 2024
Imports: Food & Live Animals (EUR th) 68,025.418 Dec 2024 monthly Mar 2009 - Dec 2024
Imports: Machinery & Transport Equipment (EUR th) 93,660.678 Dec 2024 monthly Mar 2009 - Dec 2024
Imports: Miscellaneous Manufactured Goods (EUR th) 51,474.707 Dec 2024 monthly Mar 2009 - Dec 2024
Imports: Europe: EU-28: Greece (EUR th) 15,773.569 Dec 2024 monthly Mar 2009 - Dec 2024
Imports: Europe: CEFTA: Serbia (EUR th) 58,128.710 Dec 2024 monthly Mar 2009 - Dec 2024
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 (%) 3.7 Sep 2024 quarterly Mar 2010 - Sep 2024
Foreign Direct Investment (USD mn) 138.0 Dec 2024 quarterly Mar 2005 - Dec 2024
Foreign Direct Investment: % of GDP (%) 6.0 Sep 2024 quarterly Mar 2010 - Sep 2024
Foreign Portfolio Investment (USD mn) -35.868 Dec 2024 quarterly Mar 2005 - Dec 2024
Foreign Portfolio Investment: % of GDP (%) -0.4 Sep 2024 quarterly Mar 2010 - Sep 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: Financial Account: Change in Central Bank Reserves (EUR th) -9,057.098 Dec 2018 quarterly Mar 2010 - Dec 2018
BoP: Current Account: Goods: Import (EUR th) 645,611.036 Dec 2018 quarterly Mar 2010 - Dec 2018
BoP: Current Account: Goods: Export (EUR th) 120,372.138 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
Gross General Government External Debt (EUR mn) 4,046.072 Sep 2024 monthly Dec 2010 - Sep 2024
Foreign Direct Investment: Flow: Italy (EUR) 5,543,222.480 2023 yearly 2001 - 2023
Foreign Direct Investment: Flow: Russian Federation (EUR) 112,506,571.770 2023 yearly 2001 - 2023
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: Switzerland (EUR) 65,139,405.970 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 (%) 25.6 Sep 2024 quarterly Dec 2010 - Sep 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 Jan 2025 monthly Jan 2002 - Jan 2025
Foreign Exchange Reserves (USD mn) 1,631.5 Dec 2024 monthly Dec 2002 - Dec 2024
Foreign Exchange Reserves: % of GDP (%) 21.535 Sep 2024 quarterly Dec 2010 - Sep 2024
Foreign Exchange Reserves: Months of Import (NA) 4.4 Dec 2024 monthly Jan 2005 - Dec 2024
Gold Reserves (USD mn) 0.000 Dec 2024 monthly Dec 2002 - Dec 2024
Total Deposits (USD mn) 6,043.788 Dec 2024 monthly Jan 2003 - Dec 2024
Total Deposits Growth (%) 6.7 Dec 2024 monthly Jan 2004 - Dec 2024
Domestic Credit (USD mn) 3,772.9 Dec 2024 monthly Jan 2005 - Dec 2024
Domestic Credit Growth (%) 2.4 Dec 2024 monthly Jan 2006 - Dec 2024
Household Debt (USD mn) 2,038.9 Dec 2024 monthly Dec 2004 - Dec 2024
Total Loans (USD mn) 4,802.618 Dec 2024 monthly Jan 2003 - Dec 2024
Total Loans Growth (%) 13.30 Dec 2024 monthly Jan 2004 - Dec 2024
Private Debt: % of Nominal GDP (%) 45.02 Jun 2024 quarterly Dec 2010 - Jun 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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