Montenegro National Government Debt

2010 - 2024 | Monthly | USD mn | CEIC Data

Key information about Montenegro National Government Debt

  • Montenegro National Government Debt reached 4.9 USD bn in Sep 2024, compared with 4.8 USD bn in the previous month.
  • Montenegro National Government Debt data is updated monthly, available from Dec 2010 to Sep 2024.
  • The data reached an all-time high of 5.3 USD bn in Dec 2020 and a record low of 1.7 USD bn in Dec 2010.

CEIC converts monthly Government Debt into USD. The Ministry of Finance and Social Welfare provides Government Debt in EUR. The Federal Reserve Board period end market exchange rate is used for currency conversions.


Related information about Montenegro National Government Debt
  • In the latest reports, Montenegro Consolidated Fiscal Balance recorded a deficit equal to 1.6 % of its Nominal GDP in Jun 2024.
  • The country's Government debt accounted for 62.1 % of its Nominal GDP in Jun 2024.
  • Montenegro Nominal GDP reached 1.3 USD bn in Mar 2023.

View Montenegro's National Government Debt from Dec 2010 to Sep 2024 in the chart:

Montenegro National Government Debt

What was Montenegro's National Government Debt in Sep 2024?

Montenegro National Government Debt reached 4.9 USD bn in Sep 2024, compared with 4.8 USD bn in the previous month. See the table below for more data.

Last Previous Min Max Unit Frequency Range
4,906.6 Sep 2024 4,796.4 Jun 2024 1,686.1 Dec 2010 5,296.6 Dec 2020 USD mn monthly Dec 2010 - Sep 2024

National Government Debt by Country Comparison

country/region Last Frequency Range
Albania (USD mn) 14,204.8 Dec 2024 quarterly Sep 2010 - Dec 2024
Algeria (USD mn) 118,567.0 2023 yearly 1997 - 2023
Argentina (USD mn) 460,068.8 Sep 2024 quarterly Dec 1994 - Sep 2024
Armenia (USD mn) 12,842.2 Dec 2024 quarterly Mar 2002 - Dec 2024
Australia (USD mn) 650,929.8 2023 yearly 1999 - 2023
Austria (USD mn) 444,020.8 Sep 2024 quarterly Mar 2000 - Sep 2024
Azerbaijan (USD mn) 9,223.0 2021 yearly 2008 - 2021
Bahrain (USD mn) 42,416.9 Dec 2024 monthly Mar 2001 - Dec 2024
Belarus (USD mn) 23,375.7 May 2022 monthly Dec 2003 - May 2022
Belgium (USD mn) 688,479.8 Mar 2024 quarterly Mar 1980 - Mar 2024
Bolivia (USD mn) 8,960.7 2014 yearly 1998 - 2014
Bosnia and Herzegovina (USD mn) 3,441.3 2023 yearly 2007 - 2023
Botswana (USD mn) 3,497.5 2023 yearly 2002 - 2023
Brazil (USD mn) 1,452,819.6 Dec 2024 monthly Dec 2000 - Dec 2024
Bulgaria (USD mn) 26,485.1 Oct 2024 monthly Dec 2015 - Oct 2024
Canada (USD mn) 1,519,779.9 2024 yearly 1962 - 2024
Chile (USD mn) 141,514.2 Sep 2024 quarterly Mar 2002 - Sep 2024
China (USD mn) 4,229,996.2 2023 yearly 2005 - 2023
Colombia (USD mn) 242,468.3 Jun 2024 quarterly Dec 2001 - Jun 2024
Croatia (USD mn) 52,279.7 Nov 2024 monthly Dec 1995 - Nov 2024
Cyprus (USD mn) 22,714.1 Jan 2025 monthly Dec 2010 - Jan 2025
Czech Republic (USD mn) 142,011.4 Jun 2024 quarterly Mar 2000 - Jun 2024
Denmark (USD mn) 144,478.2 Sep 2024 quarterly Mar 2000 - Sep 2024
Ecuador (USD mn) 85,264.4 Dec 2024 quarterly Dec 2005 - Dec 2024
Egypt (USD mn) 261,874.2 Jun 2024 quarterly Jun 2006 - Jun 2024
Estonia (USD mn) 10,409.2 Sep 2024 quarterly Mar 2000 - Sep 2024
European Union (USD mn) 16,136,898.4 Sep 2024 quarterly Mar 2000 - Sep 2024
Finland (USD mn) 234,658.2 Dec 2024 quarterly Mar 2000 - Dec 2024
France (USD mn) 3,681,160.0 Sep 2024 quarterly Dec 1995 - Sep 2024
Georgia (USD mn) 11,805.2 Dec 2024 quarterly Mar 2006 - Dec 2024
Germany (USD mn) 2,977,160.5 Sep 2024 quarterly Mar 2000 - Sep 2024
Greece (USD mn) 413,329.0 Sep 2024 quarterly Dec 1999 - Sep 2024
Hong Kong SAR, China (USD mn) 190,086.3 2024 yearly 2003 - 2024
Hungary (USD mn) 152,122.0 Dec 2024 quarterly Dec 1989 - Dec 2024
Iceland (USD mn) 20,353.7 2023 yearly 1998 - 2023
India (USD mn) 2,144,556.0 Sep 2024 quarterly Dec 1998 - Sep 2024
Indonesia (USD mn) 547,159.0 Nov 2024 monthly Jun 2009 - Nov 2024
Ireland (USD mn) 242,322.4 Sep 2024 quarterly Mar 2000 - Sep 2024
Israel (USD mn) 310,795.6 2023 yearly 1995 - 2023
Italy (USD mn) 3,069,807.5 Dec 2024 monthly Jan 1957 - Dec 2024
Ivory Coast (USD mn) 3,853.2 2015 yearly 1975 - 2015
Japan (USD mn) 9,396,604.9 Apr 2023 monthly Apr 1982 - Apr 2023
Jordan (USD mn) 48,206.5 Dec 2024 monthly Jan 2002 - Dec 2024
Kazakhstan (USD mn) 59,945.7 Dec 2024 quarterly Mar 2005 - Dec 2024
Kenya (USD mn) 83,539.2 Sep 2024 monthly Sep 1999 - Sep 2024
South Korea (USD mn) 874,032.3 Sep 2024 quarterly Sep 2002 - Sep 2024
Kosovo (USD mn) 1,875.6 2022 yearly 2009 - 2022
Kuwait (USD mn) 162.3 Dec 2024 monthly Dec 1993 - Dec 2024
Kyrgyzstan (USD mn) 6,617.0 Sep 2024 monthly Jan 2011 - Sep 2024
Latvia (USD mn) 19,486.5 Jun 2024 quarterly Mar 2000 - Jun 2024
Lebanon (USD mn) 101,813.6 Dec 2022 monthly Dec 2001 - Dec 2022
Lithuania (USD mn) 32,892.6 Sep 2024 quarterly Mar 2000 - Sep 2024
Luxembourg (USD mn) 24,343.2 Sep 2024 quarterly Dec 1995 - Sep 2024
North Macedonia (USD mn) 8,589.2 Dec 2024 quarterly Dec 2009 - Dec 2024
Malawi (USD mn) 2,620.0 2014 yearly 2010 - 2014
Malaysia (USD mn) 279,139.4 Dec 2024 quarterly Mar 1978 - Dec 2024
Malta (USD mn) 11,184.1 Sep 2024 quarterly Mar 2000 - Sep 2024
Mauritius (USD mn) 11,331.6 Dec 2024 quarterly Jun 2003 - Dec 2024
Mexico (USD mn) 896,296.4 Jan 2025 monthly Dec 2005 - Jan 2025
Moldova (USD mn) 6,103.1 Nov 2024 monthly Jan 2007 - Nov 2024
Montenegro (USD mn) 4,906.6 Sep 2024 monthly Dec 2010 - Sep 2024
Morocco (USD mn) 91,099.0 Dec 2022 quarterly Dec 2006 - Dec 2022
Nepal (USD mn) 14,538.4 2021 yearly 1990 - 2021
Netherlands (USD mn) 508,992.1 Jun 2024 quarterly Dec 1999 - Jun 2024
New Zealand (USD mn) 111,415.6 Dec 2024 quarterly Dec 2006 - Dec 2024
Nigeria (USD mn) 86,261.2 Sep 2024 quarterly Dec 2006 - Sep 2024
Norway (USD mn) 224,321.2 2023 yearly 1995 - 2023
Oman (USD mn) 39,697.0 2023 yearly 1990 - 2023
Panama (USD mn) 53,655.2 Jan 2025 monthly Jul 2004 - Jan 2025
Paraguay (USD mn) 13,433.8 2022 yearly 2003 - 2022
Peru (USD mn) 94,340.3 Dec 2024 quarterly Mar 1999 - Dec 2024
Philippines (USD mn) 279,510.2 Jan 2025 monthly Jan 1993 - Jan 2025
Poland (USD mn) 496,703.5 Sep 2024 quarterly Mar 2000 - Sep 2024
Portugal (USD mn) 280,150.2 Dec 2024 quarterly Mar 2000 - Dec 2024
Qatar (USD mn) 26,518.7 2012 yearly 2003 - 2012
Romania (USD mn) 198,815.0 Nov 2024 monthly Nov 2011 - Nov 2024
Russia (USD mn) 291,688.8 Jan 2025 monthly May 2009 - Jan 2025
Saudi Arabia (USD mn) 319,733.3 2024 yearly 2004 - 2024
Serbia (USD mn) 40,576.0 Jan 2025 monthly Sep 2004 - Jan 2025
Singapore (USD mn) 926,486.2 Dec 2024 quarterly Mar 1990 - Dec 2024
Slovakia (USD mn) 82,374.1 Jun 2024 quarterly Mar 2000 - Jun 2024
Slovenia (USD mn) 49,311.3 Sep 2024 quarterly Dec 1999 - Sep 2024
South Africa (USD mn) 300,217.4 Dec 2024 monthly Jan 1960 - Dec 2024
Spain (USD mn) 1,823,451.4 Sep 2024 quarterly Dec 1990 - Sep 2024
Sri Lanka (USD mn) 96,536.0 Sep 2024 quarterly Mar 2014 - Sep 2024
Sweden (USD mn) 180,873.9 Mar 2024 quarterly Mar 1999 - Mar 2024
Switzerland (USD mn) 267,524.5 2022 yearly 1990 - 2022
Taiwan (USD mn) 223,824.2 2023 yearly 1996 - 2023
Thailand (USD mn) 316,226.8 Jan 2025 monthly Oct 1997 - Jan 2025
Tunisia (USD mn) 42,403.0 Dec 2024 monthly Apr 2011 - Dec 2024
Turkey (USD mn) 254,513.1 2022 yearly 2001 - 2022
Ukraine (USD mn) 162,081.2 Jan 2025 monthly Dec 2004 - Jan 2025
United Kingdom (USD mn) 3,810,886.0 Sep 2024 quarterly Mar 1966 - Sep 2024
United States (USD mn) 36,218,923.0 Feb 2025 monthly Jan 1969 - Feb 2025
Uruguay (USD mn) 44,366.8 Sep 2024 quarterly Mar 1999 - Sep 2024
Venezuela (USD mn) 105,131.7 2016 yearly 1996 - 2016
Vietnam (USD mn) 142,876.9 2023 yearly 2010 - 2023
Yemen (USD mn) 20,434.2 2013 yearly 2004 - 2013

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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 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 Revenue: Cons: Taxes: Excises (EUR) 23,651,764.850 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: Consolidated (EUR) 154,176,756.440 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 Expenditure: Cons: ow Current (EUR) 154,050,948.920 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
Exports (EUR th) 43,261.759 Jan 2025 monthly Jan 2005 - Jan 2025
Imports (EUR th) 239,198.143 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: Food & Live Animals (EUR th) 3,441.716 Jan 2025 monthly Mar 2009 - Jan 2025
Exports: Manufactured Goods (EUR th) 2,535.662 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: EU-28: Slovenia (EUR th) 2,689.830 Jan 2025 monthly Mar 2009 - Jan 2025
Exports: Europe: CEFTA: Serbia (EUR th) 9,140.412 Jan 2025 monthly Mar 2009 - Jan 2025
Imports: Miscellaneous Manufactured Goods (EUR th) 31,422.492 Jan 2025 monthly Mar 2009 - Jan 2025
Imports: Food & Live Animals (EUR th) 45,073.913 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: EU-28: Greece (EUR th) 15,355.588 Jan 2025 monthly Mar 2009 - Jan 2025
Imports: Europe: CEFTA: Serbia (EUR th) 39,313.863 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: Switzerland (EUR) 65,139,405.970 2023 yearly 2001 - 2023
Foreign Direct Investment: Flow: Serbia (EUR) 125,266,558.270 2023 yearly 2002 - 2023
Foreign Direct Investment: Flow: Russian Federation (EUR) 112,506,571.770 2023 yearly 2001 - 2023
Foreign Direct Investment: Flow: Italy (EUR) 5,543,222.480 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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