Montenegro Policy Rate
Key information about Montenegro Policy Rate
- Montenegro cash rate (Policy Rate: Month End: Main Refinancing Operations) was set at 2.90 % pa in Feb 2025, compared with 3.15 % pa in the previous Jan 2025.
- Montenegro Policy Rate averaged 1.25 % pa and is updated monthly, available from Jan 1999 to Feb 2025.
- The data reached an all-time high of 4.75 % pa in Apr 2001 and a record low of 0.00 % pa in Jun 2022.
Montenegro adopted the Euro unilaterally, thus complying with the European Central Bank (ECB) monetary policy mechanisms.
Related information about Montenegro Policy Rate
- In the latest reports, Montenegro Short Term Interest Rate: Month End: EURIBOR: 3 Months was reported at -0.57 % pa in Nov 2021.
- Montenegro Exchange Rate against USD averaged 0.92 (USD/EUR) in Jun 2023.
View Montenegro's Policy Rate from Jan 1999 to Feb 2025 in the chart:
What was Montenegro's Policy Rate in Feb 2025?
Montenegro cash rate (Policy Rate: Month End: Main Refinancing Operations) was set at 2.90 % pa in Feb 2025, compared with 3.15 % pa in the previous Jan 2025. See the table below for more data.
Last | Previous | Min | Max | Unit | Frequency | Range |
---|---|---|---|---|---|---|
2.90 Feb 2025 | 3.15 Jan 2025 | 0.00 Jun 2022 | 4.75 Apr 2001 | % pa | monthly | Jan 1999 - Feb 2025 |
Policy Rate by Country Comparison
country/region | Last | Frequency | Range |
---|---|---|---|
Albania (% pa) | 2.75 Feb 2025 | monthly | Jan 2000 - Feb 2025 |
Algeria (% pa) | 3.00 Feb 2025 | monthly | Jan 1963 - Feb 2025 |
Argentina (%) | 27.74 Feb 2025 | monthly | Jan 1985 - Feb 2025 |
Armenia (% pa) | 6.75 Feb 2025 | monthly | May 2001 - Feb 2025 |
Australia (% pa) | 4.10 Feb 2025 | monthly | Aug 1990 - Feb 2025 |
Austria (% pa) | 2.90 Feb 2025 | monthly | Jan 1999 - Feb 2025 |
Azerbaijan (% pa) | 7.25 Mar 2025 | monthly | Jan 2005 - Mar 2025 |
Bahrain (% pa) | 5.25 Feb 2025 | monthly | Jan 2007 - Feb 2025 |
Bangladesh (% pa) | 10.00 Feb 2025 | monthly | Sep 2009 - Feb 2025 |
Belarus (% pa) | 9.50 Feb 2025 | monthly | Jul 1991 - Feb 2025 |
Belgium (% pa) | 2.90 Feb 2025 | monthly | Jan 1999 - Feb 2025 |
Bolivia (% pa) | 3.05 Feb 2025 | monthly | Jan 2013 - Feb 2025 |
Botswana (% pa) | 3.75 Apr 2022 | monthly | Aug 1976 - Apr 2022 |
Brazil (% pa) | 13.25 Feb 2025 | monthly | Mar 1999 - Feb 2025 |
Bulgaria (% pa) | 2.59 Mar 2025 | monthly | Feb 1991 - Mar 2025 |
Canada (% pa) | 3.00 Feb 2025 | monthly | Dec 1992 - Feb 2025 |
Chile (% pa) | 5.00 Feb 2025 | monthly | May 1995 - Feb 2025 |
China (% pa) | 2.65 Jun 2023 | monthly | Jan 2016 - Jun 2023 |
Colombia (% pa) | 9.50 Feb 2025 | monthly | Apr 1995 - Feb 2025 |
Croatia (% pa) | 3.00 Dec 2022 | monthly | Dec 1992 - Dec 2022 |
Cyprus (% pa) | 2.90 Feb 2025 | monthly | Jan 1999 - Feb 2025 |
Czech Republic (% pa) | 2.75 Feb 2025 | monthly | Jan 1993 - Feb 2025 |
Denmark (% pa) | 2.35 Feb 2025 | monthly | Aug 1914 - Feb 2025 |
Ecuador (% pa) | 9.33 Feb 2025 | monthly | Jul 1995 - Feb 2025 |
Egypt (% pa) | 27.75 Feb 2025 | monthly | Jan 1991 - Feb 2025 |
Estonia (% pa) | 2.90 Feb 2025 | monthly | Jan 1999 - Feb 2025 |
European Union (% pa) | 2.90 Feb 2025 | monthly | Jan 1999 - Feb 2025 |
Finland (% pa) | 2.90 Feb 2025 | monthly | Jan 1999 - Feb 2025 |
France (% pa) | 2.90 Feb 2025 | monthly | Jan 1999 - Feb 2025 |
Georgia (% pa) | 8.00 Feb 2025 | monthly | Jan 2008 - Feb 2025 |
Germany (% pa) | 2.90 Feb 2025 | monthly | Jan 1999 - Feb 2025 |
Ghana (% pa) | 29.50 May 2023 | monthly | Nov 2002 - May 2023 |
Greece (% pa) | 2.90 Feb 2025 | monthly | Jan 1999 - Feb 2025 |
Hong Kong SAR, China (% pa) | 4.75 Feb 2025 | monthly | Jun 1992 - Feb 2025 |
Hungary (% pa) | 6.50 Jan 2025 | monthly | Oct 1990 - Jan 2025 |
Iceland (% pa) | 10.00 Feb 2025 | monthly | Jan 1994 - Feb 2025 |
India (% pa) | 6.25 Feb 2025 | monthly | Apr 2001 - Feb 2025 |
Indonesia (% pa) | 5.75 Feb 2025 | monthly | Jun 2015 - Feb 2025 |
Ireland (% pa) | 2.90 Feb 2025 | monthly | Jan 1999 - Feb 2025 |
Israel (% pa) | 4.50 Feb 2025 | monthly | Dec 1998 - Feb 2025 |
Italy (% pa) | 2.90 Feb 2025 | monthly | Jan 1999 - Feb 2025 |
Ivory Coast (% pa) | 2.50 Mar 2017 | monthly | Jan 1964 - Mar 2017 |
Japan (% pa) | -0.10 Jun 2023 | monthly | Nov 2008 - Jun 2023 |
Jordan (% pa) | 7.50 Feb 2025 | monthly | Dec 1965 - Feb 2025 |
Kazakhstan (% pa) | 15.25 Feb 2025 | monthly | Feb 1992 - Feb 2025 |
Kenya (% pa) | 10.75 Feb 2025 | monthly | Jul 2003 - Feb 2025 |
South Korea (% pa) | 2.75 Feb 2025 | monthly | May 1999 - Feb 2025 |
Kosovo (% pa) | 2.90 Feb 2025 | monthly | Jan 1999 - Feb 2025 |
Kuwait (% pa) | 4.00 Feb 2025 | monthly | Jul 1999 - Feb 2025 |
Kyrgyzstan (% pa) | 9.00 Feb 2025 | monthly | Jan 1999 - Feb 2025 |
Laos (% pa) | 7.50 May 2023 | monthly | Dec 1992 - May 2023 |
Latvia (% pa) | 2.90 Feb 2025 | monthly | Jan 1999 - Feb 2025 |
Lebanon (% pa) | 10.00 Jan 2023 | monthly | Apr 1964 - Jan 2023 |
Lithuania (% pa) | 2.90 Feb 2025 | monthly | Jan 1999 - Feb 2025 |
Luxembourg (% pa) | 2.90 Feb 2025 | monthly | Jan 1999 - Feb 2025 |
Macau SAR, China (% pa) | 4.75 Feb 2025 | monthly | Dec 1999 - Feb 2025 |
North Macedonia (% pa) | 5.35 Mar 2025 | monthly | Jan 2002 - Mar 2025 |
Malawi (% pa) | 26.00 Feb 2025 | monthly | Jan 1980 - Feb 2025 |
Malaysia (% pa) | 3.00 Feb 2025 | monthly | Apr 2004 - Feb 2025 |
Malta (% pa) | 2.90 Feb 2025 | monthly | Jan 1999 - Feb 2025 |
Mauritius (% pa) | 4.50 Feb 2025 | monthly | Dec 1999 - Feb 2025 |
Mexico (% pa) | 9.50 Feb 2025 | monthly | Jan 2008 - Feb 2025 |
Moldova (% pa) | 5.60 Feb 2025 | monthly | Feb 2001 - Feb 2025 |
Mongolia (% pa) | 10.00 Feb 2025 | monthly | Jul 2007 - Feb 2025 |
Montenegro (% pa) | 2.90 Feb 2025 | monthly | Jan 1999 - Feb 2025 |
Morocco (% pa) | 2.50 Feb 2025 | monthly | Jun 1995 - Feb 2025 |
Myanmar (% pa) | 7.00 2024 | yearly | 1986 - 2024 |
Nepal (% pa) | 6.50 Feb 2025 | monthly | Jul 2003 - Feb 2025 |
Netherlands (% pa) | 2.90 Feb 2025 | monthly | Jan 1999 - Feb 2025 |
New Zealand (% pa) | 5.50 May 2023 | monthly | Mar 1999 - May 2023 |
Nigeria (% pa) | 27.50 Feb 2025 | monthly | Dec 2006 - Feb 2025 |
Norway (% pa) | 4.50 Feb 2025 | monthly | Jan 1991 - Feb 2025 |
Oman (% pa) | 5.00 Feb 2025 | monthly | May 2007 - Feb 2025 |
Pakistan (% pa) | 13.00 Feb 2025 | monthly | Feb 1992 - Feb 2025 |
Paraguay (% pa) | 6.00 Feb 2025 | monthly | Jul 2010 - Feb 2025 |
Peru (% pa) | 4.75 Feb 2025 | monthly | Sep 2003 - Feb 2025 |
Philippines (% pa) | 7.00 May 2024 | monthly | Jun 2016 - May 2024 |
Poland (% pa) | 5.75 Feb 2025 | monthly | Jan 2005 - Feb 2025 |
Portugal (% pa) | 2.90 Feb 2025 | monthly | Jan 1999 - Feb 2025 |
Qatar (% pa) | 5.10 Feb 2025 | monthly | Mar 2003 - Feb 2025 |
Romania (% pa) | 6.50 Feb 2025 | monthly | Jan 2003 - Feb 2025 |
Russia (% pa) | 21.00 Feb 2025 | monthly | Sep 2013 - Feb 2025 |
Saudi Arabia (% pa) | 5.00 Feb 2025 | monthly | Jan 2000 - Feb 2025 |
Serbia (% pa) | 5.75 Feb 2025 | monthly | Jan 2001 - Feb 2025 |
Singapore (% pa) | 4.00 Jun 2023 | monthly | Jul 2005 - Jun 2023 |
Slovakia (% pa) | 2.90 Feb 2025 | monthly | Jan 1999 - Feb 2025 |
Slovenia (% pa) | 2.90 Feb 2025 | monthly | Jan 1999 - Feb 2025 |
South Africa (% pa) | 7.50 Feb 2025 | monthly | Nov 1999 - Feb 2025 |
Spain (% pa) | 2.90 Feb 2025 | monthly | Jan 1999 - Feb 2025 |
Sri Lanka (% pa) | 7.50 Feb 2025 | monthly | Jan 1997 - Feb 2025 |
Sweden (% pa) | 2.25 Feb 2025 | monthly | Jan 1987 - Feb 2025 |
Switzerland (% pa) | 0.43 Feb 2025 | monthly | Jun 1999 - Feb 2025 |
Syria (% pa) | 5.00 Dec 2024 | monthly | Jan 1962 - Dec 2024 |
Taiwan (% pa) | 2.00 Feb 2025 | monthly | Jul 1961 - Feb 2025 |
Tajikistan (% pa) | 8.75 Feb 2025 | monthly | Jun 1995 - Feb 2025 |
Thailand (% pa) | 2.00 Feb 2025 | monthly | May 2000 - Feb 2025 |
Tunisia (% pa) | 8.00 Feb 2025 | monthly | Jan 2000 - Feb 2025 |
Turkey (% pa) | 45.00 Feb 2025 | monthly | Jun 1996 - Feb 2025 |
Ukraine (% pa) | 14.50 Feb 2025 | monthly | Dec 1992 - Feb 2025 |
United Arab Emirates (% pa) | 4.40 Feb 2025 | monthly | Nov 2007 - Feb 2025 |
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Learn more about what we doMontenegro 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 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 |
General Govt Revenue: Cons: Taxes (EUR) | 132,702,629.510 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 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: Manufactured Goods (EUR th) | 33,949.824 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: 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 |
More Indicators for Montenegro
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