Montenegro Short Term Interest Rate

1998 - 2021 | Monthly | % pa | European Money Markets Institute

Key information about Montenegro Short Term Interest Rate

  • Montenegro Short Term Interest Rate: Month End: EURIBOR: 3 Months was reported at -0.57 % pa in Nov 2021, compared with -0.55 % pa in the previous month.
  • Montenegro Short Term Interest Rate data is updated monthly, available from Dec 1998 to Nov 2021.
  • The data reached an all-time high of 5.28 % pa in Sep 2008 and a record low of -0.57 % pa in Nov 2021.
  • Short Term Interest Rate is reported by reported by European Money Markets Institute.

Montenegro adopted the Euro unilaterally, thus complying with the European Central Bank (ECB) monetary policy mechanisms.
  • The cash rate (Policy Rate: Month End: Main Refinancing Operations) was set at 4.50 % pa in Mar 2024.
  • Montenegro Exchange Rate against USD averaged 0.92 (USD/EUR) in Jun 2023.
  • View Montenegro's Short Term Interest Rate from Dec 1998 to Nov 2021 in the chart:

    Montenegro Short Term Interest Rate

    What was Montenegro's Short Term Interest Rate in Nov 2021?

    Montenegro Short Term Interest Rate: Month End: EURIBOR: 3 Months was reported at -0.57 % pa in Nov 2021, compared with -0.55 % pa in the previous month. See the table below for more data.

    Last Previous Min Max Unit Frequency Range
    -0.57 Nov 2021 -0.55 Oct 2021 -0.57 Nov 2021 5.28 Sep 2008 % pa monthly Dec 1998 - Nov 2021

    Short Term Interest Rate by Country Comparison

    country/region Last Frequency Range
    Albania (% pa) 3.05 Apr 2024 monthly Jan 2002 - Apr 2024
    Algeria (% pa) 2.93 Dec 2023 monthly Jun 2006 - Dec 2023
    Argentina (% pa) 31.80 Jul 2021 monthly Jan 1999 - Jul 2021
    Armenia (% pa) 10.37 Aug 2023 monthly Jan 2000 - Aug 2023
    Australia (% pa) 4.42 Oct 2024 monthly Jun 1969 - Oct 2024
    Austria (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    Azerbaijan (% pa) 7.50 Mar 2024 monthly Dec 2002 - Mar 2024
    Bahrain (% pa) 5.12 Sep 2024 quarterly Jun 2003 - Sep 2024
    Bangladesh (% pa) 6.63 May 2023 monthly Sep 2003 - May 2023
    Belarus (% pa) 10.50 Jul 2024 monthly Apr 2003 - Jul 2024
    Belgium (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    Bolivia (% pa) 4.62 Aug 2024 monthly Jan 1998 - Aug 2024
    Botswana (% pa) -0.89 Sep 2024 monthly Jan 2003 - Sep 2024
    Bulgaria (% pa) -0.05 Jun 2018 monthly Feb 2003 - Jun 2018
    Cambodia (% pa) 1.10 Oct 2024 monthly Dec 2016 - Oct 2024
    Canada (% pa) 3.51 Oct 2024 monthly Jan 1993 - Oct 2024
    China (% pa) 1.88 Oct 2024 monthly Oct 2006 - Oct 2024
    Colombia (% pa) 13.02 Jun 2023 monthly Jan 1986 - Jun 2023
    Croatia (% pa) 0.39 Dec 2019 monthly Sep 2002 - Dec 2019
    Cyprus (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    Czech Republic (% pa) 4.36 Aug 2024 monthly Apr 1992 - Aug 2024
    Denmark (% pa) -0.43 Sep 2019 monthly Jun 1988 - Sep 2019
    Ecuador (% pa) 4.64 May 2023 monthly Apr 2000 - May 2023
    Egypt (% pa) 27.43 Oct 2024 monthly Jan 2001 - Oct 2024
    Estonia (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    European Union (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    Finland (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    France (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    Georgia (% pa) 7.56 Oct 2024 monthly Feb 2008 - Oct 2024
    Germany (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    Ghana (% pa) 24.85 Aug 2024 monthly Aug 1996 - Aug 2024
    Greece (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    Hong Kong SAR, China (% pa) 4.31 Oct 2024 monthly Jul 1996 - Oct 2024
    Hungary (% pa) 6.47 Oct 2024 monthly Aug 1996 - Oct 2024
    Iceland (% pa) 9.21 Oct 2024 monthly Aug 1998 - Oct 2024
    India (% pa) 7.14 May 2023 monthly Sep 2015 - May 2023
    Indonesia (% pa) 6.76 May 2023 monthly Dec 1995 - May 2023
    Ireland (% pa) 1.72 Dec 2021 monthly Dec 1998 - Dec 2021
    Israel (% pa) 4.52 Oct 2024 monthly Mar 2007 - Oct 2024
    Italy (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    Japan (% pa) 0.45 Oct 2024 monthly Jan 1997 - Oct 2024
    Jordan (% pa) 7.80 Oct 2024 monthly Aug 2005 - Oct 2024
    Kazakhstan (% pa) 10.50 Nov 2020 monthly Jul 2000 - Nov 2020
    Kenya (% pa) 15.85 Aug 2024 monthly Jul 1991 - Aug 2024
    South Korea (% pa) 3.40 Oct 2024 monthly Jul 2004 - Oct 2024
    Kosovo (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    Kuwait (% pa) 3.94 Oct 2024 monthly Nov 2001 - Oct 2024
    Latvia (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    Lebanon (% pa) 120.00 Jul 2023 monthly Mar 1972 - Jul 2023
    Lithuania (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    Luxembourg (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    Macau SAR, China (% pa) 4.97 Jun 2023 monthly Jun 1988 - Jun 2023
    North Macedonia (% pa) 4.52 Oct 2024 monthly Jul 2007 - Oct 2024
    Malawi (% pa) 16.00 Aug 2024 monthly Jan 1983 - Aug 2024
    Malaysia (% pa) 3.58 Oct 2024 monthly Jan 1988 - Oct 2024
    Malta (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    Mauritius (% pa) 2.75 Sep 2024 monthly Apr 1998 - Sep 2024
    Mexico (% pa) 10.92 Oct 2024 monthly Jan 1997 - Oct 2024
    Moldova (% pa) 8.08 Oct 2024 monthly Dec 2005 - Oct 2024
    Montenegro (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    Morocco (% pa) 2.76 Oct 2024 monthly Jan 1995 - Oct 2024
    Mozambique (% pa) 14.99 Sep 2024 monthly Nov 2005 - Sep 2024
    Myanmar (% pa) 4.00 2023 yearly 1986 - 2023
    Nepal (% pa) 2.89 Sep 2024 monthly Feb 1993 - Sep 2024
    Netherlands (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    New Zealand (% pa) 5.71 Jun 2023 monthly Jan 1985 - Jun 2023
    Nigeria (% pa) 26.37 Oct 2024 monthly Jan 2010 - Oct 2024
    Norway (% pa) 1.77 Jan 2020 monthly Jan 1986 - Jan 2020
    Oman (% pa) 0.00 Aug 2024 monthly Jan 2004 - Aug 2024
    Pakistan (% pa) 22.91 Jun 2023 monthly Nov 2004 - Jun 2023
    Panama (% pa) 4.98 Sep 2024 monthly Jan 2006 - Sep 2024
    Philippines (% pa) 5.48 Oct 2024 monthly Jan 1975 - Oct 2024
    Poland (% pa) 5.85 Oct 2024 monthly Jan 1999 - Oct 2024
    Portugal (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    Qatar (% pa) 5.25 Sep 2024 monthly Jul 2004 - Sep 2024
    Romania (% pa) 5.55 Oct 2024 monthly Aug 1995 - Oct 2024
    Russia (% pa) 9.71 Jul 2023 monthly Aug 2000 - Jul 2023
    Saudi Arabia (% pa) 6.11 Aug 2024 monthly Jan 2007 - Aug 2024
    Serbia (% pa) 4.80 Oct 2024 monthly Aug 2005 - Oct 2024
    Singapore (% pa) 3.30 Oct 2024 monthly Oct 1995 - Oct 2024
    Slovakia (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    Slovenia (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    South Africa (% pa) 7.98 Oct 2024 monthly Dec 1980 - Oct 2024
    Spain (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    Sri Lanka (% pa) 6.96 Jun 2020 monthly Jul 2000 - Jun 2020
    Sweden (% pa) 0.03 Jul 2020 monthly Jan 1987 - Jul 2020
    Switzerland (% pa) 0.91 Oct 2024 monthly Jul 1999 - Oct 2024
    Taiwan (% pa) 1.67 Oct 2024 monthly Oct 2005 - Oct 2024
    Thailand (% pa) 2.40 Oct 2024 monthly Jan 2005 - Oct 2024
    Turkey (% pa) 16.01 Jun 2022 monthly Aug 2002 - Jun 2022
    Ukraine (% pa) 7.24 Aug 2024 monthly Jan 2006 - Aug 2024
    United Arab Emirates (% pa) 4.61 Oct 2024 monthly Oct 2009 - Oct 2024
    United Kingdom (% pa) 0.09 Apr 2021 monthly Jan 1986 - Apr 2021
    United States (% pa) 4.44 Oct 2024 monthly Jan 1954 - Oct 2024
    Uruguay (% pa) 8.94 Oct 2024 monthly Sep 2002 - Oct 2024
    Venezuela (% pa) 43.78 Jun 2023 monthly Jan 1998 - Jun 2023
    Vietnam (% pa) 4.61 Oct 2024 monthly Jul 2004 - Oct 2024
    Yemen (% pa) 16.07 Jan 2015 monthly Dec 1995 - Jan 2015
    Zambia (% pa) 10.10 Apr 2023 monthly Jan 2006 - Apr 2023

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    Montenegro Key Series

    Government and Public Finance Last Frequency Range
    Consolidated Fiscal Balance: % of GDP (%) -1.6 Jun 2024 quarterly Dec 2012 - Jun 2024
    Consolidated Fiscal Balance (USD mn) -7.595 Sep 2024 monthly Jan 2012 - Sep 2024
    Tax Revenue (USD mn) 206.925 Aug 2024 monthly Jan 2012 - Aug 2024
    Tax Revenue: % of GDP (%) 28.8 Jun 2024 quarterly Mar 2012 - Jun 2024
    National Government Debt (USD mn) 4,779.0 Oct 2024 monthly Dec 2010 - Oct 2024
    Government Debt: % of GDP (%) 62.1 Jun 2024 quarterly Dec 2010 - Jun 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) 43,213,446.430 Aug 2024 monthly Jan 2012 - Aug 2024
    General Govt Revenue: Cons: Taxes: Value Added Tax (EUR) 126,480,010.050 Aug 2024 monthly Jan 2012 - Aug 2024
    General Govt Expenditure: Cons: ow Current (EUR) 228,662,844.960 Sep 2024 monthly Jan 2012 - Sep 2024
    General Government Revenue: Consolidated (EUR) 255,360,081.630 Aug 2024 monthly Jan 2012 - Aug 2024
    General Govt Expenditure: Consolidated (EUR) 255,225,880.760 Sep 2024 monthly Jan 2012 - Sep 2024
    General Govt Balance: Consolidated: Deficit or Surplus (EUR) -6,840,077.840 Sep 2024 monthly Jan 2012 - Sep 2024
    General Govt Revenue: Cons: Taxes (EUR) 187,772,027.160 Aug 2024 monthly Jan 2012 - Aug 2024
    Gross General Government External Debt (EUR mn) 4,046.072 Oct 2024 monthly Dec 2010 - Oct 2024
    Gross General Government Debt (EUR mn) 4,402.555 Oct 2024 monthly Dec 2010 - Oct 2024
    Gross General Government Debt: Domestic (EUR mn) 356.483 Oct 2024 monthly Dec 2010 - Oct 2024
    Foreign Trade Last Frequency Range
    Forecast: Exports of Goods Growth (%) 1.534 2028 yearly 2003 - 2028
    Trade Balance (USD mn) -317.1 Sep 2024 monthly Jan 2005 - Sep 2024
    Total Exports (USD mn) 55.1 Sep 2024 monthly Jan 2005 - Sep 2024
    Total Exports Growth (%) 18.8 Sep 2024 monthly Jan 2006 - Sep 2024
    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) 372.2 Sep 2024 monthly Jan 2005 - Sep 2024
    Total Imports Growth (%) -4.0 Sep 2024 monthly Jan 2006 - Sep 2024
    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) 0.710 Sep 2024 monthly Jan 2010 - Sep 2024
    Total Imports from USA (USD mn) 3.557 Sep 2024 monthly Jan 2006 - Sep 2024
    Total Exports to China (USD mn) 0.009 Sep 2024 monthly Jan 2010 - Sep 2024
    Total Imports from China (USD mn) 48.410 Sep 2024 monthly Jan 2006 - Sep 2024
    Exports (EUR th) 49,590.034 Sep 2024 monthly Jan 2005 - Sep 2024
    Imports (EUR th) 335,159.322 Sep 2024 monthly Jan 2005 - Sep 2024
    Exports: Machinery & Transport Equipment (EUR th) 8,066.066 Sep 2024 monthly Mar 2009 - Sep 2024
    Exports: Mineral Fuels, Lubricants & Related Materials (EUR th) 12,570.469 Sep 2024 monthly Mar 2009 - Sep 2024
    Exports: Manufactured Goods (EUR th) 3,583.137 Sep 2024 monthly Mar 2009 - Sep 2024
    Exports: Food & Live Animals (EUR th) 4,905.345 Sep 2024 monthly Mar 2009 - Sep 2024
    Exports: Crude Materials: excl Fuels (EUR th) 8,862.294 Sep 2024 monthly Mar 2009 - Sep 2024
    Exports: Europe: EU-28: Slovenia (EUR th) 3,129.443 Sep 2024 monthly Mar 2009 - Sep 2024
    Exports: Europe: CEFTA: Serbia (EUR th) 11,643.271 Sep 2024 monthly Mar 2009 - Sep 2024
    Imports: Mineral Fuels, Lubricants & Related Materials (EUR th) 41,819.048 Sep 2024 monthly Mar 2009 - Sep 2024
    Imports: Food & Live Animals (EUR th) 63,717.541 Sep 2024 monthly Mar 2009 - Sep 2024
    Imports: Machinery & Transport Equipment (EUR th) 73,100.504 Sep 2024 monthly Mar 2009 - Sep 2024
    Imports: Miscellaneous Manufactured Goods (EUR th) 52,751.432 Sep 2024 monthly Mar 2009 - Sep 2024
    Imports: Manufactured Goods (EUR th) 53,603.622 Sep 2024 monthly Mar 2009 - Sep 2024
    Imports: Europe: CEFTA: Serbia (EUR th) 58,817.940 Sep 2024 monthly Mar 2009 - Sep 2024
    Imports: Europe: EU-28: Greece (EUR th) 19,171.376 Sep 2024 monthly Mar 2009 - Sep 2024
    Balance of Payments Last Frequency Range
    Direct Investment Abroad (USD mn) 17.3 Jun 2024 quarterly Mar 2005 - Jun 2024
    Current Account Balance (USD mn) -278.9 Mar 2023 quarterly Mar 2004 - Mar 2023
    Current Account Balance: % of GDP (%) -22.8 Jun 2024 quarterly Mar 2010 - Jun 2024
    Foreign Direct Investment (USD mn) 154.9 Jun 2024 quarterly Mar 2005 - Jun 2024
    Foreign Direct Investment: % of GDP (%) 7.8 Jun 2024 quarterly Mar 2010 - Jun 2024
    Foreign Portfolio Investment (USD mn) -9.733 Jun 2024 quarterly Mar 2005 - Jun 2024
    Foreign Portfolio Investment: % of GDP (%) -0.5 Jun 2024 quarterly Mar 2010 - Jun 2024
    Foreign Portfolio Investment: Equity Securities (USD mn) 105.1 Jun 2024 quarterly Mar 2007 - Jun 2024
    Foreign Portfolio Investment: Debt Securities (USD mn) 49.891 Jun 2024 quarterly Mar 2007 - Jun 2024
    External Debt (USD mn) 8,815.2 2022 yearly 2006 - 2022
    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
    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: 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
    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 (%) 25.2 Jun 2024 quarterly Dec 2010 - Jun 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 Sep 2024 monthly Jan 2002 - Sep 2024
    Foreign Exchange Reserves (USD mn) 1,600.1 Jul 2024 monthly Dec 2002 - Jul 2024
    Foreign Exchange Reserves: % of GDP (%) 20.266 Jun 2024 quarterly Dec 2010 - Jun 2024
    Foreign Exchange Reserves: Months of Import (NA) 3.7 Jul 2024 monthly Jan 2005 - Jul 2024
    Gold Reserves (USD mn) 0.000 Jul 2024 monthly Dec 2002 - Jul 2024
    Total Deposits (USD mn) 6,314.083 Sep 2024 monthly Jan 2003 - Sep 2024
    Total Deposits Growth (%) 2.5 Sep 2024 monthly Jan 2004 - Sep 2024
    Domestic Credit (USD mn) 3,687.7 Sep 2024 monthly Jan 2005 - Sep 2024
    Domestic Credit Growth (%) 1.3 Sep 2024 monthly Jan 2006 - Sep 2024
    Household Debt (USD mn) 2,100.2 Sep 2024 monthly Dec 2004 - Sep 2024
    Total Loans (USD mn) 5,134.139 Sep 2024 monthly Jan 2003 - Sep 2024
    Total Loans Growth (%) 15.32 Sep 2024 monthly Jan 2004 - Sep 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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