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) 1.18 Mar 2024 monthly Jun 2006 - Mar 2024
    Argentina (% pa) 31.80 Jul 2021 monthly Jan 1999 - Jul 2021
    Armenia (% pa) 10.37 Aug 2023 monthly Jan 2000 - Aug 2023
    Australia (% pa) 4.12 Feb 2025 monthly Jun 1969 - Feb 2025
    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) 14.00 Feb 2025 monthly Apr 2003 - Feb 2025
    Belgium (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    Bolivia (% pa) 6.35 Dec 2024 monthly Jan 1998 - Dec 2024
    Botswana (% pa) 2.71 Jan 2025 monthly Jan 2003 - Jan 2025
    Bulgaria (% pa) -0.05 Jun 2018 monthly Feb 2003 - Jun 2018
    Cambodia (% pa) 1.15 Feb 2025 monthly Dec 2016 - Feb 2025
    Canada (% pa) 2.82 Feb 2025 monthly Jan 1993 - Feb 2025
    China (% pa) 1.92 Feb 2025 monthly Oct 2006 - Feb 2025
    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) 3.73 Feb 2025 monthly Apr 1992 - Feb 2025
    Denmark (% pa) -0.43 Sep 2019 monthly Jun 1988 - Sep 2019
    Ecuador (% pa) 4.64 May 2023 monthly Apr 2000 - May 2023
    Egypt (% pa) 27.54 Feb 2025 monthly Jan 2001 - Feb 2025
    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) 7.45 Feb 2025 monthly Feb 2008 - Feb 2025
    Germany (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    Ghana (% pa) 27.73 Dec 2024 monthly Aug 1996 - Dec 2024
    Greece (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    Hong Kong SAR, China (% pa) 4.01 Feb 2025 monthly Jul 1996 - Feb 2025
    Hungary (% pa) 6.50 Jan 2025 monthly Aug 1996 - Jan 2025
    Iceland (% pa) 8.31 Jan 2025 monthly Aug 1998 - Jan 2025
    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) 4.50 Feb 2025 monthly Mar 2007 - Feb 2025
    Italy (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    Japan (% pa) 0.79 Feb 2025 monthly Jan 1997 - Feb 2025
    Jordan (% pa) 7.34 Feb 2025 monthly Aug 2005 - Feb 2025
    Kazakhstan (% pa) 10.50 Nov 2020 monthly Jul 2000 - Nov 2020
    Kenya (% pa) 13.06 Nov 2024 monthly Jul 1991 - Nov 2024
    South Korea (% pa) 2.89 Feb 2025 monthly Jul 2004 - Feb 2025
    Kosovo (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    Kuwait (% pa) 3.94 Feb 2025 monthly Nov 2001 - Feb 2025
    Latvia (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    Lebanon (% pa) 79.65 Nov 2024 monthly Mar 1972 - Nov 2024
    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) 4.38 Jan 2025 monthly Jul 2007 - Jan 2025
    Malawi (% pa) 16.00 Jan 2025 monthly Jan 1983 - Jan 2025
    Malaysia (% pa) 3.66 Feb 2025 monthly Jan 1988 - Feb 2025
    Malta (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    Mauritius (% pa) 4.02 Jan 2025 monthly Apr 1998 - Jan 2025
    Mexico (% pa) 9.83 Feb 2025 monthly Jan 1997 - Feb 2025
    Moldova (% pa) 10.13 Feb 2025 monthly Dec 2005 - Feb 2025
    Montenegro (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    Morocco (% pa) 2.50 Feb 2025 monthly Jan 1995 - Feb 2025
    Mozambique (% pa) 13.40 Jan 2025 monthly Nov 2005 - Jan 2025
    Myanmar (% pa) 4.00 2023 yearly 1986 - 2023
    Nepal (% pa) 2.86 Feb 2025 monthly Feb 1993 - Feb 2025
    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) 27.36 Feb 2025 monthly Jan 2010 - Feb 2025
    Norway (% pa) 1.77 Jan 2020 monthly Jan 1986 - Jan 2020
    Oman (% pa) 0.00 Dec 2024 monthly Jan 2004 - Dec 2024
    Pakistan (% pa) 22.91 Jun 2023 monthly Nov 2004 - Jun 2023
    Panama (% pa) 4.65 Feb 2025 monthly Jan 2006 - Feb 2025
    Philippines (% pa) 5.21 Feb 2025 monthly Jan 1975 - Feb 2025
    Poland (% pa) 5.86 Feb 2025 monthly Jan 1999 - Feb 2025
    Portugal (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    Qatar (% pa) 4.67 Jan 2025 monthly Jul 2004 - Jan 2025
    Romania (% pa) 5.93 Feb 2025 monthly Aug 1995 - Feb 2025
    Russia (% pa) 9.71 Jul 2023 monthly Aug 2000 - Jul 2023
    Saudi Arabia (% pa) 5.40 Jan 2025 monthly Jan 2007 - Jan 2025
    Serbia (% pa) 4.70 Feb 2025 monthly Aug 2005 - Feb 2025
    Singapore (% pa) 3.30 Nov 2024 monthly Oct 1995 - Nov 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) 7.41 Feb 2025 monthly Dec 1980 - Feb 2025
    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) 0.37 Feb 2025 monthly Jul 1999 - Feb 2025
    Taiwan (% pa) 1.68 Nov 2024 monthly Oct 2005 - Nov 2024
    Thailand (% pa) 2.15 Feb 2025 monthly Jan 2005 - Feb 2025
    Turkey (% pa) 16.01 Jun 2022 monthly Aug 2002 - Jun 2022
    Ukraine (% pa) 4.42 Dec 2024 monthly Jan 2006 - Dec 2024
    United Arab Emirates (% pa) 4.20 Feb 2025 monthly Oct 2009 - Feb 2025
    United Kingdom (% pa) 0.09 Apr 2021 monthly Jan 1986 - Apr 2021
    United States (% pa) 4.20 Feb 2025 monthly Jan 1954 - Feb 2025
    Uruguay (% pa) 9.58 Feb 2025 monthly Sep 2002 - Feb 2025
    Venezuela (% pa) 43.78 Jun 2023 monthly Jan 1998 - Jun 2023
    Vietnam (% pa) 5.50 Feb 2025 monthly Jul 2004 - Feb 2025
    Yemen (% pa) 16.07 Jan 2015 monthly Dec 1995 - Jan 2015
    Zambia (% pa) 10.10 Apr 2023 monthly Jan 2006 - Apr 2023

    Accurate Macro & Micro Economic Data You Can Trust

    Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.

    Learn more about what we do

    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: Consolidated (EUR) 154,176,756.440 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: 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: Machinery & Transport Equipment (EUR th) 4,114.756 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: Machinery & Transport Equipment (EUR th) 59,371.661 Jan 2025 monthly Mar 2009 - Jan 2025
    Imports: Manufactured Goods (EUR th) 33,949.824 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: 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: 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: Russian Federation (EUR) 112,506,571.770 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 (%) 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

    Request a demo of CEIC

    CEIC’s economic databases cover over 200 global markets. Our Platform offers the most reliable macroeconomic data and advanced analytical tools.

    Request a demo
    Please note, product demos are not available for students. Please click here to find out more about the version of CEIC available for student users.
    Unlimited access tailored to your data needs
    Flexible monthly access to CEIC data