Montenegro Domestic Credit Growth

2006 - 2025 | Monthly | % | CEIC Data

Key information about Montenegro Domestic Credit Growth

  • Montenegro Domestic Credit increased 18.6 % YoY in Nov 2025, compared with an increase of 22.0 % YoY in the previous month
  • Montenegro Domestic Credit Growth YoY data is updated monthly
  • It averaged 9.2 %, available from Jan 2006 to Nov 2025
  • The data reached an all-time high of 185.8 % in Oct 2007 and a record low of -19.6 % in Mar 2015

CEIC calculates Domestic Credit Growth from monthly Domestic Credit. The Central Bank of Montenegro provides Domestic Credit in EUR

View Montenegro's Domestic Credit Growth from Jan 2006 to Nov 2025 in the chart:

Montenegro Domestic Credit Growth

What was Montenegro's Domestic Credit Growth in Nov 2025?

Montenegro Domestic Credit increased 18.6 % YoY in Nov 2025, compared with an increase of 22.0 % YoY in the previous month See the table below for more data.

Last Previous Min Max Unit Frequency Range
18.6 Nov 2025 22.0 Oct 2025 -19.6 Mar 2015 185.8 Oct 2007 % monthly Jan 2006 - Nov 2025

Domestic Credit Growth by Country Comparison

country/region Last Frequency Range
Albania (%) 10.6 Nov 2025 monthly Dec 2003 - Nov 2025
Algeria (%) 10.7 Jul 2025 monthly Dec 2002 - Jul 2025
Argentina (%) 70.1 Oct 2025 monthly Jan 1991 - Oct 2025
Armenia (%) 21.8 Oct 2025 monthly Dec 1994 - Oct 2025
Australia (%) 5.1 Oct 2025 monthly Dec 2002 - Oct 2025
Austria (%) -100.0 May 2025 monthly Jan 2000 - May 2025
Azerbaijan (%) 9.5 Oct 2025 monthly Dec 2002 - Oct 2025
Bahrain (%) 7.0 Nov 2025 monthly Sep 1992 - Nov 2025
Bangladesh (%) 10.3 Nov 2025 monthly Jul 1988 - Nov 2025
Belarus (%) 15.0 Oct 2025 monthly Dec 2007 - Oct 2025
Belgium (%) -100.0 May 2025 monthly Jan 2000 - May 2025
Bolivia (%) 10.8 Aug 2025 monthly Dec 2002 - Aug 2025
Bosnia and Herzegovina (%) 13.4 Nov 2025 monthly Aug 1998 - Nov 2025
Botswana (%) 9.6 Sep 2025 quarterly Dec 2005 - Sep 2025
Brazil (%) 13.4 Nov 2025 monthly Dec 2002 - Nov 2025
Brunei (%) 4.7 Dec 2024 monthly Jan 2000 - Dec 2024
Bulgaria (%) 14.4 Nov 2025 monthly Dec 1994 - Nov 2025
Cambodia (%) 5.1 Nov 2025 monthly Dec 1995 - Nov 2025
Canada (%) 4.5 Oct 2025 monthly Jan 1970 - Oct 2025
Chile (%) 5.6 Oct 2025 monthly Dec 1979 - Oct 2025
China (%) 7.6 Nov 2025 monthly Jun 2000 - Nov 2025
Colombia (%) 6.3 Jul 2024 monthly Jan 1994 - Jul 2024
Croatia (%) 5.9 Dec 2022 monthly Jun 1995 - Dec 2022
Cyprus (%) 2.8 Nov 2025 monthly Nov 2006 - Nov 2025
Czech Republic (%) 8.0 Nov 2025 monthly Jan 2003 - Nov 2025
Denmark (%) -11.6 May 2025 monthly Dec 2002 - May 2025
Ecuador (%) 11.0 Nov 2025 monthly Jan 2007 - Nov 2025
Egypt (%) 27.0 Oct 2025 monthly Jan 1997 - Oct 2025
Estonia (%) -100.0 May 2025 monthly Jun 1993 - May 2025
European Union (%) 0.5 May 2025 monthly Sep 1998 - May 2025
Finland (%) -100.0 May 2025 monthly Jan 2000 - May 2025
France (%) -100.0 May 2025 monthly Jan 2000 - May 2025
Georgia (%) 12.7 Oct 2025 monthly Oct 1996 - Oct 2025
Germany (%) -100.0 May 2025 monthly Jan 2000 - May 2025
Ghana (%) -9.1 May 2025 monthly Jan 1968 - May 2025
Greece (%) -100.0 May 2025 monthly Jan 2002 - May 2025
Hong Kong SAR, China (%) 3.1 Sep 2025 monthly Dec 1991 - Sep 2025
Hungary (%) 6.1 Nov 2025 monthly Jan 1999 - Nov 2025
Iceland (%) 7.8 Feb 2025 monthly Sep 1994 - Feb 2025
India (%) 11.5 Oct 2025 monthly Mar 2000 - Oct 2025
Indonesia (%) 7.9 Nov 2025 monthly Jan 2005 - Nov 2025
Iran (%) 25.8 Feb 2017 monthly Jan 1965 - Feb 2017
Ireland (%) -100.0 May 2025 monthly Jan 2000 - May 2025
Israel (%) 13.0 Oct 2025 monthly Dec 2000 - Oct 2025
Italy (%) -100.0 May 2025 monthly Jan 2000 - May 2025
Ivory Coast (%) 11.0 Aug 2025 monthly Jan 1965 - Aug 2025
Japan (%) -0.2 Oct 2025 monthly Apr 2004 - Oct 2025
Jordan (%) 3.0 Dec 2023 monthly Jan 2003 - Dec 2023
Kazakhstan (%) 12.0 Nov 2025 monthly Dec 2002 - Nov 2025
Kenya (%) 8.0 Jul 2025 monthly Dec 1996 - Jul 2025
South Korea (%) 6.7 Oct 2025 monthly Dec 2002 - Oct 2025
Kosovo (%) 15.9 Nov 2025 monthly Nov 2008 - Nov 2025
Kuwait (%) 16.7 Oct 2025 monthly Jan 1995 - Oct 2025
Kyrgyzstan (%) 81.5 Nov 2025 monthly Dec 2003 - Nov 2025
Laos (%) 10.9 Sep 2025 quarterly Dec 1992 - Sep 2025
Latvia (%) -100.0 May 2025 monthly Jul 2004 - May 2025
Lebanon (%) 2.2 Jan 2018 monthly Mar 1966 - Jan 2018
Lithuania (%) -100.0 May 2025 monthly Dec 1994 - May 2025
Luxembourg (%) -100.0 May 2025 monthly Jan 2000 - May 2025
Macau SAR, China (%) -27.7 Nov 2025 monthly Jun 1985 - Nov 2025
North Macedonia (%) 19.1 Nov 2025 monthly Jan 2004 - Nov 2025
Malawi (%) 46.8 Oct 2025 monthly Jan 1976 - Oct 2025
Malaysia (%) 5.2 Nov 2025 monthly Jan 1988 - Nov 2025
Malta (%) 8.0 Nov 2025 monthly Jan 2009 - Nov 2025
Mauritius (%) 10.3 Nov 2025 monthly Jun 2006 - Nov 2025
Mexico (%) 6.8 Sep 2025 monthly Dec 2002 - Sep 2025
Moldova (%) 18.6 Nov 2025 monthly Jan 2001 - Nov 2025
Mongolia (%) 22.7 Oct 2025 monthly Dec 1992 - Oct 2025
Montenegro (%) 18.6 Nov 2025 monthly Jan 2006 - Nov 2025
Morocco (%) 7.4 Nov 2025 monthly Dec 2002 - Nov 2025
Mozambique (%) 12.6 Aug 2025 monthly Dec 2002 - Aug 2025
Myanmar (%) 16.4 Jan 2021 monthly Dec 2002 - Jan 2021
Nepal (%) 4.2 Nov 2025 monthly Jan 2002 - Nov 2025
Netherlands (%) -100.0 May 2025 monthly Dec 2002 - May 2025
New Zealand (%) 4.1 Nov 2025 monthly Mar 1989 - Nov 2025
Nigeria (%) -12.6 Nov 2025 monthly Apr 1991 - Nov 2025
Norway (%) 3.8 Nov 2025 monthly Dec 1986 - Nov 2025
Oman (%) 10.0 Nov 2025 monthly Dec 2000 - Nov 2025
Pakistan (%) 8.7 Nov 2025 monthly Jun 2009 - Nov 2025
Palestinian Territory (%) 8.0 Nov 2025 monthly Dec 1999 - Nov 2025
Panama (%) 1.2 Nov 2025 monthly Dec 2002 - Nov 2025
Paraguay (%) 14.5 Oct 2025 monthly Dec 2002 - Oct 2025
Peru (%) 13.0 Nov 2025 monthly Jan 1993 - Nov 2025
Philippines (%) 10.5 Oct 2025 monthly Dec 2002 - Oct 2025
Poland (%) 11.1 Nov 2025 monthly Dec 1997 - Nov 2025
Portugal (%) 0.3 Aug 2019 monthly Dec 2001 - Aug 2019
Qatar (%) 6.0 Nov 2025 monthly Jan 2008 - Nov 2025
Romania (%) 9.6 Oct 2025 monthly Dec 2005 - Oct 2025
Russia (%) 14.1 May 2025 monthly Dec 2001 - May 2025
Saudi Arabia (%) 21.6 Dec 2017 quarterly Mar 1969 - Dec 2017
Serbia (%) 21.5 Oct 2025 monthly Dec 2004 - Oct 2025
Singapore (%) 5.2 Oct 2025 monthly Mar 2005 - Oct 2025
Slovakia (%) 2.2 May 2025 monthly Jan 2007 - May 2025
Slovenia (%) -86.1 May 2025 monthly Jan 2005 - May 2025
South Africa (%) 9.1 Nov 2025 monthly Mar 1966 - Nov 2025
Spain (%) -100.0 May 2025 monthly Jan 2000 - May 2025
Sri Lanka (%) 11.8 Sep 2025 monthly Jan 1997 - Sep 2025
Sudan (%) 82.5 Dec 2022 quarterly Mar 2003 - Dec 2022
Sweden (%) -3.1 May 2025 monthly Dec 2002 - May 2025
Switzerland (%) 2.4 Nov 2025 monthly Dec 1988 - Nov 2025

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Montenegro Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -5.1 Sep 2025 quarterly Dec 2012 - Sep 2025
Consolidated Fiscal Balance (USD mn) -68.106 Nov 2025 monthly Jan 2012 - Nov 2025
Tax Revenue (USD mn) 178.971 Nov 2025 monthly Jan 2012 - Nov 2025
Tax Revenue: % of GDP (%) 24.2 Sep 2025 quarterly Mar 2012 - Sep 2025
National Government Debt (USD mn) 5,521.7 Sep 2025 monthly Dec 2010 - Sep 2025
Government Debt: % of GDP (%) 58.3 Sep 2025 quarterly Dec 2010 - Sep 2025
Forecast: Government Expenditure (EUR bn) 4.812 2030 yearly 2002 - 2030
Forecast: Government Net Debt (EUR bn) 6.956 2030 yearly 2002 - 2030
Forecast: Government Revenue (EUR bn) 4.350 2030 yearly 2002 - 2030
General Govt Balance: Consolidated: Deficit or Surplus (EUR) -58,925,142.570 Nov 2025 monthly Jan 2012 - Nov 2025
General Govt Expenditure: Cons: ow Current (EUR) 229,912,079.780 Nov 2025 monthly Jan 2012 - Nov 2025
General Govt Revenue: Cons: Taxes: Excises (EUR) 28,400,492.250 Nov 2025 monthly Jan 2012 - Nov 2025
General Govt Revenue: Cons: Taxes (EUR) 154,846,007.130 Nov 2025 monthly Jan 2012 - Nov 2025
General Government Revenue: Consolidated (EUR) 196,828,385.980 Nov 2025 monthly Jan 2012 - Nov 2025
General Govt Revenue: Cons: Taxes: Value Added Tax (EUR) 107,592,791.440 Nov 2025 monthly Jan 2012 - Nov 2025
General Govt Expenditure: Consolidated (EUR) 255,753,528.550 Nov 2025 monthly Jan 2012 - Nov 2025
Gross General Government External Debt (EUR mn) 4,417.700 Sep 2025 monthly Dec 2010 - Sep 2025
Gross General Government Debt (EUR mn) 4,705.330 Sep 2025 monthly Dec 2010 - Sep 2025
Gross General Government Debt: Domestic (EUR mn) 287.630 Sep 2025 monthly Dec 2010 - Sep 2025
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 1.534 2028 yearly 2003 - 2028
Trade Balance (USD mn) -319.9 Nov 2025 monthly Jan 2005 - Nov 2025
Total Exports (USD mn) 57.1 Nov 2025 monthly Jan 2005 - Nov 2025
Total Exports Growth (%) -26.2 Nov 2025 monthly Jan 2006 - Nov 2025
Aluminum: Exports (USD th) 41,867.902 2024 yearly 2008 - 2024
Exports: Medicament (USD th) 41,859.324 2024 yearly 2008 - 2024
Exports: Medicinal and Pharmaceutical Product (USD th) 95.438 2024 yearly 2008 - 2024
Total Imports (USD mn) 377.0 Nov 2025 monthly Jan 2005 - Nov 2025
Total Imports Growth (%) 9.9 Oct 2025 monthly Jan 2006 - Oct 2025
Imports: Medicament (USD th) 161,040.012 2024 yearly 2008 - 2024
Imports: Medicinal and Pharmaceutical Product (USD th) 69,267.944 2024 yearly 2008 - 2024
Total Exports to USA (USD mn) 0.352 Nov 2025 monthly Jan 2010 - Nov 2025
Total Imports from USA (USD mn) 2.451 Nov 2025 monthly Jan 2006 - Nov 2025
Total Exports to China (USD mn) 0.137 Oct 2025 monthly Jan 2010 - Oct 2025
Total Imports from China (USD mn) 44.620 Nov 2025 monthly Jan 2006 - Nov 2025
Exports: Europe: EU-28: Slovenia (EUR th) 2,648.187 Nov 2025 monthly Mar 2009 - Nov 2025
Exports: Europe: CEFTA: Serbia (EUR th) 12,021.888 Nov 2025 monthly Mar 2009 - Nov 2025
Exports: Mineral Fuels, Lubricants & Related Materials (EUR th) 9,719.045 Oct 2025 monthly Mar 2009 - Oct 2025
Exports: Manufactured Goods (EUR th) 3,759.756 Nov 2025 monthly Mar 2009 - Nov 2025
Exports: Crude Materials: excl Fuels (EUR th) 6,843.589 Nov 2025 monthly Mar 2009 - Nov 2025
Exports: Machinery & Transport Equipment (EUR th) 12,907.394 Nov 2025 monthly Mar 2009 - Nov 2025
Exports: Food & Live Animals (EUR th) 5,548.692 Oct 2025 monthly Mar 2009 - Oct 2025
Imports: Europe: EU-28: Greece (EUR th) 10,492.429 Nov 2025 monthly Mar 2009 - Nov 2025
Imports: Europe: CEFTA: Serbia (EUR th) 55,429.224 Nov 2025 monthly Mar 2009 - Nov 2025
Imports: Manufactured Goods (EUR th) 52,393.677 Nov 2025 monthly Mar 2009 - Nov 2025
Imports: Miscellaneous Manufactured Goods (EUR th) 40,228.765 Nov 2025 monthly Mar 2009 - Nov 2025
Imports: Food & Live Animals (EUR th) 60,242.405 Nov 2025 monthly Mar 2009 - Nov 2025
Imports: Machinery & Transport Equipment (EUR th) 82,387.227 Nov 2025 monthly Mar 2009 - Nov 2025
Imports: Mineral Fuels, Lubricants & Related Materials (EUR th) 44,482.675 Oct 2025 monthly Mar 2009 - Oct 2025
Imports (EUR th) 326,191.124 Nov 2025 monthly Jan 2005 - Nov 2025
Exports (EUR th) 49,375.324 Nov 2025 monthly Jan 2005 - Nov 2025
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 16.5 Sep 2025 quarterly Mar 2005 - Sep 2025
Current Account Balance (USD mn) 69.2 Sep 2025 quarterly Mar 2004 - Sep 2025
Current Account Balance: % of GDP (%) 2.3 Sep 2025 quarterly Mar 2010 - Sep 2025
Foreign Direct Investment (USD mn) 169.4 Sep 2025 quarterly Mar 2005 - Sep 2025
Foreign Direct Investment: % of GDP (%) 5.6 Sep 2025 quarterly Mar 2010 - Sep 2025
Foreign Portfolio Investment (USD mn) -23.088 Sep 2025 quarterly Mar 2005 - Sep 2025
Foreign Portfolio Investment: % of GDP (%) -0.8 Sep 2025 quarterly Mar 2010 - Sep 2025
Foreign Portfolio Investment: Equity Securities (USD mn) 113.6 Jun 2025 quarterly Mar 2007 - Jun 2025
Foreign Portfolio Investment: Debt Securities (USD mn) 29.585 Jun 2025 quarterly Mar 2007 - Jun 2025
External Debt (USD mn) 8,741.3 2024 yearly 2006 - 2024
External Debt: % of GDP (%) 105.7 2024 yearly 2006 - 2024
External Debt: Short Term (USD mn) 235.2 2024 yearly 2007 - 2024
External Debt: Short Term: % of GDP (%) 2.8 2024 yearly 2007 - 2024
Forecast: Current Account Balance (USD bn) -1.406 2030 yearly 2001 - 2030
BoP: Current Account: Goods: Export (EUR th) 120,372.138 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
Balance of Payments (BoP): Current Account and Capital Account (EUR th) -374,597.413 Dec 2018 quarterly Mar 2010 - Dec 2018
BoP: Current Account: Goods: Import (EUR th) 645,611.036 Dec 2018 quarterly Mar 2010 - Dec 2018
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: Slovenia (EUR) 9,478,424.000 2023 yearly 2001 - 2023
Foreign Direct Investment: Flow: Russian Federation (EUR) 112,506,571.770 2023 yearly 2001 - 2023
Foreign Direct Investment: Flow: Serbia (EUR) 125,266,558.270 2023 yearly 2002 - 2023
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 4.3 Jun 2024 monthly Aug 2010 - Jun 2024
Household Debt: % of GDP (%) 28.3 Sep 2025 quarterly Mar 2007 - Sep 2025
Non-Performing Loans (USD mn) 205.823 Jun 2024 monthly Dec 2010 - Jun 2024
M2 Growth (%) 9.9 2024 yearly 2003 - 2024
Reserve Requirement Ratio (%) 5.5 Nov 2025 monthly Jan 2002 - Nov 2025
Foreign Exchange Reserves (USD mn) 1,671.4 Oct 2025 monthly Dec 2002 - Oct 2025
Foreign Exchange Reserves: % of GDP (%) 19.347 Sep 2025 quarterly Dec 2006 - Sep 2025
Foreign Exchange Reserves: Months of Import (NA) 3.6 Oct 2025 monthly Jan 2005 - Oct 2025
Gold Reserves (USD mn) 0.000 Oct 2025 monthly Dec 2002 - Oct 2025
Total Deposits (USD mn) 7,013.068 Oct 2025 monthly Jan 2003 - Oct 2025
Total Deposits Growth (%) 4.9 Nov 2025 monthly Jan 2004 - Nov 2025
Domestic Credit (USD mn) 4,697.7 Oct 2025 monthly Jan 2005 - Oct 2025
Domestic Credit Growth (%) 18.6 Nov 2025 monthly Jan 2006 - Nov 2025
Household Debt (USD mn) 2,728.3 Nov 2025 monthly Dec 2004 - Nov 2025
Total Loans (USD mn) 6,207.035 Oct 2025 monthly Jan 2003 - Oct 2025
Total Loans Growth (%) 15.22 Nov 2025 monthly Jan 2004 - Nov 2025
Private Debt: % of Nominal GDP (%) 49.09 Sep 2025 quarterly Mar 2007 - Sep 2025
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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