Montenegro External Debt

2006 - 2024 | Yearly | USD mn | CEIC Data

Key information about Montenegro External Debt

  • Montenegro External Debt reached 8.7 USD bn in Dec 2024, compared with 8.7 USD bn in the previous year.
  • Montenegro External Debt: USD mn data is updated yearly, available from Dec 2006 to Dec 2024.
  • The data reached an all-time high of 10.5 USD bn in Dec 2020 and a record low of 879.8 USD mn in Dec 2006.

The World Bank provides annual External Debt in USD.


Related information about Montenegro External Debt
  • In the latest reports of Montenegro, Current Account recorded a surplus of 69.2 USD mn in Sep 2025.
  • Foreign Direct Investment (FDI) increased by 169.4 USD mn in Sep 2025.
  • Montenegro Direct Investment Abroad expanded by 16.5 USD mn in Sep 2025.
  • Its Foreign Portfolio Investment fell by 23.1 USD mn in Sep 2025.
  • The country's Nominal GDP was reported at 2.3 USD bn in Jun 2025.

View Montenegro's External Debt from 2006 to 2024 in the chart:

Montenegro External Debt

What was Montenegro's External Debt in 2024?

Montenegro External Debt reached 8.7 USD bn in Dec 2024, compared with 8.7 USD bn in the previous year. See the table below for more data.

Last Previous Min Max Unit Frequency Range
8,741.3 2024 8,664.6 2023 879.8 2006 10,523.5 2020 USD mn yearly 2006 - 2024

External Debt by Country Comparison

country/region Last Frequency Range
Albania (USD mn) 11,914.4 Mar 2026 quarterly Dec 2003 - Mar 2026
Algeria (USD mn) 3,838.0 Dec 2019 quarterly Mar 2007 - Dec 2019
Argentina (USD mn) 321,782.8 Mar 2026 quarterly Mar 2006 - Mar 2026
Armenia (USD mn) 6,629.0 Jun 2026 monthly Dec 2012 - Jun 2026
Australia (USD mn) 2,049,794.5 Dec 2025 quarterly Sep 1988 - Dec 2025
Austria (USD mn) 937,307.2 Mar 2026 quarterly Mar 1997 - Mar 2026
Azerbaijan (USD mn) 4,813.5 Dec 2025 quarterly Dec 2001 - Dec 2025
Bangladesh (USD mn) 110,930.1 Mar 2026 quarterly Sep 2011 - Mar 2026
Belarus (USD mn) 38,295.6 Mar 2026 quarterly Dec 1995 - Mar 2026
Belgium (USD mn) 1,841,247.9 Mar 2026 quarterly Mar 2007 - Mar 2026
Bolivia (USD mn) 15,445.2 Mar 2026 quarterly Mar 2006 - Mar 2026
Bosnia and Herzegovina (USD mn) 5,572.7 Mar 2026 quarterly Mar 2000 - Mar 2026
Botswana (USD mn) 1,498.8 2025 yearly 1994 - 2025
Brazil (USD mn) 692,689.5 Jun 2026 quarterly Dec 1999 - Jun 2026
Bulgaria (USD mn) 78,253.9 Apr 2026 monthly Jan 1999 - Apr 2026
Cambodia (USD mn) 19,368.9 Mar 2026 quarterly Mar 2010 - Mar 2026
Canada (USD mn) 3,468,211.9 Mar 2026 quarterly Mar 1990 - Mar 2026
Chile (USD mn) 292,326.0 Jun 2026 monthly Dec 1995 - Jun 2026
China (USD mn) 2,412,079.9 Mar 2026 quarterly Jun 2003 - Mar 2026
Colombia (USD mn) 211,584.3 Sep 2025 monthly Jan 2001 - Sep 2025
Croatia (USD mn) 52,854.6 Dec 2022 monthly Dec 1998 - Dec 2022
Cyprus (USD mn) 261,071.6 Mar 2026 quarterly Mar 2008 - Mar 2026
Czech Republic (USD mn) 275,438.3 Dec 2025 quarterly Dec 1993 - Dec 2025
Denmark (USD mn) 687,617.9 Dec 2025 quarterly Dec 2005 - Dec 2025
Ecuador (USD mn) 65,925.3 Jun 2026 monthly Jan 1994 - Jun 2026
Egypt (USD mn) 164,776.4 Mar 2026 quarterly Jun 1997 - Mar 2026
Estonia (USD mn) 48,378.7 Mar 2026 quarterly Mar 1996 - Mar 2026
European Union (USD mn) 20,185,195.6 Mar 2026 quarterly Mar 2013 - Mar 2026
Finland (USD mn) 683,145.2 Mar 2026 quarterly Mar 1991 - Mar 2026
France (USD mn) 9,249,481.5 Mar 2026 quarterly Jun 2004 - Mar 2026
Georgia (USD mn) 27,112.8 Mar 2026 quarterly Dec 1999 - Mar 2026
Germany (USD mn) 8,139,666.9 Mar 2026 quarterly Jun 1999 - Mar 2026
Ghana (USD mn) 29,119.8 Mar 2026 monthly Jan 2012 - Mar 2026
Greece (USD mn) 692,853.6 Dec 2025 quarterly Dec 2003 - Dec 2025
Hong Kong SAR, China (USD mn) 2,121,220.9 Mar 2026 quarterly Mar 2001 - Mar 2026
Hungary (USD mn) 313,632.0 Mar 2026 quarterly Mar 2006 - Mar 2026
Iceland (USD mn) 29,822.5 Dec 2025 quarterly Dec 1989 - Dec 2025
India (USD mn) 762,765.6 Mar 2026 quarterly Sep 1999 - Mar 2026
Indonesia (USD mn) 444,400.5 May 2026 monthly Jan 2008 - May 2026
Iran (USD mn) 4,861.6 2025 yearly 1994 - 2025
Ireland (USD mn) 3,899,228.5 Mar 2026 quarterly Dec 2002 - Mar 2026
Israel (USD mn) 175,192.3 Mar 2026 quarterly Mar 2011 - Mar 2026
Italy (USD mn) 3,268,991.5 Mar 2026 quarterly Dec 2002 - Mar 2026
Ivory Coast (USD mn) 40,561.0 2024 yearly 1970 - 2024
Japan (USD mn) 4,786,710.0 Mar 2026 quarterly Mar 2003 - Mar 2026
Jordan (USD mn) 46,020.7 Mar 2026 quarterly Dec 2006 - Mar 2026
Kazakhstan (USD mn) 182,778.2 Mar 2026 quarterly Dec 2000 - Mar 2026
Kenya (USD mn) 42,337.5 Dec 2025 monthly Sep 1999 - Dec 2025
South Korea (USD mn) 774,390.2 Mar 2026 quarterly Dec 1994 - Mar 2026
Kosovo (USD mn) 5,617.7 Mar 2026 quarterly Dec 2011 - Mar 2026
Kuwait (USD mn) 94,837.9 Dec 2025 quarterly Mar 2018 - Dec 2025
Kyrgyzstan (USD mn) 12,526.6 Dec 2025 quarterly Dec 2005 - Dec 2025
Laos (USD mn) 10,961.3 2025 yearly 1996 - 2025
Latvia (USD mn) 52,269.8 Mar 2026 quarterly Mar 2000 - Mar 2026
Lebanon (USD mn) 34,590.0 Jun 2024 quarterly Dec 2007 - Jun 2024
Lithuania (USD mn) 92,027.8 Dec 2025 quarterly Dec 1996 - Dec 2025
Luxembourg (USD mn) 4,055,474.5 Mar 2026 quarterly Dec 2002 - Mar 2026
North Macedonia (USD mn) 14,863.9 Mar 2026 quarterly Dec 2005 - Mar 2026
Malawi (MWK mn) 5,887,049.3 2023 yearly 1984 - 2023
Malaysia (USD mn) 369,841.6 Jun 2026 quarterly Mar 2009 - Jun 2026
Malta (USD mn) 227,894.4 Mar 2026 quarterly Mar 2004 - Mar 2026
Mauritius (USD mn) 204,749.9 Jun 2026 quarterly Dec 2009 - Jun 2026
Mexico (USD mn) 447,827.9 Dec 2021 quarterly Mar 2002 - Dec 2021
Moldova (USD mn) 12,088.2 Mar 2026 quarterly Mar 2009 - Mar 2026
Mongolia (USD mn) 40,217.5 Mar 2026 quarterly Mar 2000 - Mar 2026
Montenegro (USD mn) 8,741.3 2024 yearly 2006 - 2024
Morocco (USD mn) 64,781.6 Dec 2022 quarterly Dec 2006 - Dec 2022
Mozambique (USD mn) 9,721.2 2025 yearly 1985 - 2025
Myanmar (USD mn) 11,174.8 2024 yearly 1970 - 2024
Nepal (USD mn) 10,519.7 Sep 2024 quarterly Mar 2012 - Sep 2024
Netherlands (USD mn) 4,877,310.9 Mar 2026 quarterly Jun 2003 - Mar 2026
New Zealand (USD mn) 257,677.5 Mar 2026 quarterly Mar 1993 - Mar 2026
Nigeria (USD mn) 51,904.1 Mar 2026 quarterly Dec 2006 - Mar 2026
Norway (USD mn) 875,596.2 Mar 2026 quarterly Mar 2003 - Mar 2026
Pakistan (USD mn) 137,557.8 Mar 2026 quarterly Jun 2006 - Mar 2026
Palestinian Territory (USD mn) 1,535.0 Dec 2018 monthly Dec 2012 - Dec 2018
Panama (USD mn) 48,680.8 Dec 2025 monthly Jul 2004 - Dec 2025
Paraguay (USD mn) 29,733.3 Dec 2025 quarterly Mar 2008 - Dec 2025
Peru (USD mn) 112,432.1 Mar 2026 quarterly Mar 2012 - Mar 2026
Philippines (USD mn) 147,650.8 Dec 2025 quarterly Mar 2005 - Dec 2025
Poland (USD mn) 552,542.0 Mar 2026 quarterly Mar 1999 - Mar 2026
Portugal (USD mn) 523,226.4 Dec 2025 quarterly Mar 1996 - Dec 2025
Qatar (USD mn) 194,500.0 2018 yearly 2000 - 2018
Romania (USD mn) 259,675.2 Sep 2025 monthly Dec 2004 - Sep 2025
Russia (USD mn) 299,063.7 Mar 2026 quarterly Dec 2000 - Mar 2026
Serbia (USD mn) 59,933.0 Mar 2026 quarterly Mar 2003 - Mar 2026
Singapore (USD mn) 2,584,736.4 Mar 2026 quarterly Jun 2003 - Mar 2026
Slovakia (USD mn) 161,824.5 Dec 2025 quarterly Mar 1993 - Dec 2025
Slovenia (USD mn) 74,360.0 Sep 2025 monthly Dec 1994 - Sep 2025
South Africa (USD mn) 195,932.0 Mar 2026 quarterly Dec 1985 - Mar 2026
Spain (USD mn) 3,290,552.1 Mar 2026 quarterly Mar 1993 - Mar 2026
Sri Lanka (USD mn) 54,524.8 Mar 2026 quarterly Dec 2012 - Mar 2026
Sudan (USD mn) 66,800.0 2023 yearly 2001 - 2023
Sweden (USD mn) 1,154,694.2 Mar 2026 quarterly Mar 1999 - Mar 2026
Switzerland (USD mn) 2,519,516.6 Mar 2026 quarterly Dec 1999 - Mar 2026
Taiwan, China (USD mn) 236,510.0 Sep 2025 quarterly Jun 1999 - Sep 2025
Tajikistan (USD mn) 6,423.5 Mar 2026 quarterly Jun 2015 - Mar 2026
Thailand (USD mn) 209,742.9 Mar 2026 quarterly Mar 1999 - Mar 2026
Tunisia (USD mn) 42,946.5 Mar 2026 quarterly Dec 2009 - Mar 2026
Turkey (USD mn) 564,897.1 Sep 2025 quarterly Dec 1989 - Sep 2025

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Montenegro Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -4.4 Mar 2026 quarterly Dec 2012 - Mar 2026
Consolidated Fiscal Balance (USD mn) -16.019 Jun 2026 monthly Jan 2012 - Jun 2026
Tax Revenue (USD mn) 226.796 Jun 2026 monthly Jan 2012 - Jun 2026
Tax Revenue: % of GDP (%) 31.0 Mar 2026 quarterly Mar 2012 - Mar 2026
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) 5.113 2031 yearly 2002 - 2031
Forecast: Government Net Debt (EUR bn) 7.483 2031 yearly 2002 - 2031
Forecast: Government Revenue (EUR bn) 4.623 2031 yearly 2002 - 2031
General Govt Revenue: Cons: Taxes: Excises (EUR) 37,329,927.850 Jun 2026 monthly Jan 2012 - Jun 2026
General Govt Revenue: Cons: Taxes (EUR) 196,939,995.220 Jun 2026 monthly Jan 2012 - Jun 2026
General Govt Expenditure: Consolidated (EUR) 268,339,350.350 Jun 2026 monthly Jan 2012 - Jun 2026
General Govt Balance: Consolidated: Deficit or Surplus (EUR) -13,909,829.660 Jun 2026 monthly Jan 2012 - Jun 2026
General Government Revenue: Consolidated (EUR) 254,429,520.690 Jun 2026 monthly Jan 2012 - Jun 2026
General Govt Revenue: Cons: Taxes: Value Added Tax (EUR) 126,635,380.590 Jun 2026 monthly Jan 2012 - Jun 2026
General Govt Expenditure: Cons: ow Current (EUR) 249,751,802.030 Jun 2026 monthly Jan 2012 - Jun 2026
Gross General Government External Debt (EUR mn) 4,417.700 Sep 2025 monthly Dec 2010 - Sep 2025
Gross General Government Debt: Domestic (EUR mn) 287.630 Sep 2025 monthly Dec 2010 - Sep 2025
Gross General Government Debt (EUR mn) 4,705.330 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) -456.6 Jun 2026 monthly Jan 2005 - Jun 2026
Total Exports (USD mn) 53.8 Jun 2026 monthly Jan 2005 - Jun 2026
Total Exports Growth (%) 3.2 Jun 2026 monthly Jan 2006 - Jun 2026
Aluminum: Exports (USD th) 41,867.902 2024 yearly 2008 - 2024
Exports: Medicament (USD th) 35,401.153 2025 yearly 2008 - 2025
Exports: Medicinal and Pharmaceutical Product (USD th) 265.817 2025 yearly 2008 - 2025
Total Imports (USD mn) 510.4 Jun 2026 monthly Jan 2005 - Jun 2026
Total Imports Growth (%) 7.7 Jun 2026 monthly Jan 2006 - Jun 2026
Imports: Medicament (USD th) 154,935.784 2025 yearly 2008 - 2025
Imports: Medicinal and Pharmaceutical Product (USD th) 83,406.785 2025 yearly 2008 - 2025
Total Exports to USA (USD mn) 0.728 Jun 2026 monthly Jan 2010 - Jun 2026
Total Imports from USA (USD mn) 4.462 Jun 2026 monthly Jan 2006 - Jun 2026
Total Exports to China (USD mn) 0.647 Jun 2026 monthly Jan 2010 - Jun 2026
Total Imports from China (USD mn) 65.960 Jun 2026 monthly Jan 2006 - Jun 2026
Exports: Europe: CEFTA: Serbia (EUR th) 12,712.480 Jun 2026 monthly Mar 2009 - Jun 2026
Exports: Europe: EU-28: Slovenia (EUR th) 5,166.395 Jun 2026 monthly Mar 2009 - Jun 2026
Exports: Machinery & Transport Equipment (EUR th) 2,795.108 Jun 2026 monthly Mar 2009 - Jun 2026
Exports: Mineral Fuels, Lubricants & Related Materials (EUR th) 11,758.562 Jun 2026 monthly Mar 2009 - Jun 2026
Exports: Crude Materials: excl Fuels (EUR th) 6,619.939 Jun 2026 monthly Mar 2009 - Jun 2026
Exports: Food & Live Animals (EUR th) 5,882.635 Jun 2026 monthly Mar 2009 - Jun 2026
Exports: Manufactured Goods (EUR th) 4,761.868 Jun 2026 monthly Mar 2009 - Jun 2026
Imports: Europe: CEFTA: Serbia (EUR th) 80,979.298 Jun 2026 monthly Mar 2009 - Jun 2026
Imports: Europe: EU-28: Greece (EUR th) 34,910.461 Jun 2026 monthly Mar 2009 - Jun 2026
Imports: Miscellaneous Manufactured Goods (EUR th) 62,629.043 Jun 2026 monthly Mar 2009 - Jun 2026
Imports: Manufactured Goods (EUR th) 62,328.007 Jun 2026 monthly Mar 2009 - Jun 2026
Imports: Food & Live Animals (EUR th) 81,854.946 Jun 2026 monthly Mar 2009 - Jun 2026
Imports: Machinery & Transport Equipment (EUR th) 114,005.805 Jun 2026 monthly Mar 2009 - Jun 2026
Imports: Mineral Fuels, Lubricants & Related Materials (EUR th) 52,410.372 Jun 2026 monthly Mar 2009 - Jun 2026
Exports (EUR th) 46,683.904 Jun 2026 monthly Jan 2005 - Jun 2026
Imports (EUR th) 443,218.640 Jun 2026 monthly Jan 2005 - Jun 2026
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 21.8 Dec 2025 quarterly Mar 2005 - Dec 2025
Current Account Balance (USD mn) 69.2 Sep 2025 quarterly Mar 2004 - Sep 2025
Current Account Balance: % of GDP (%) -36.0 Mar 2026 quarterly Mar 2010 - Mar 2026
Foreign Direct Investment (USD mn) 123.4 Mar 2026 quarterly Mar 2005 - Mar 2026
Foreign Direct Investment: % of GDP (%) 9.0 Dec 2025 quarterly Mar 2010 - Dec 2025
Foreign Portfolio Investment (USD mn) -71.408 Mar 2026 quarterly Mar 2005 - Mar 2026
Foreign Portfolio Investment: % of GDP (%) -3.8 Dec 2025 quarterly Mar 2010 - Dec 2025
Foreign Portfolio Investment: Equity Securities (USD mn) 120.2 Mar 2026 quarterly Mar 2007 - Mar 2026
Foreign Portfolio Investment: Debt Securities (USD mn) 3.240 Mar 2026 quarterly Mar 2007 - Mar 2026
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) -2.088 2031 yearly 2001 - 2031
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
BoP: Current Account: Goods: Export (EUR th) 120,372.138 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: 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 (%) 30.0 Mar 2026 quarterly Mar 2007 - Mar 2026
Non-Performing Loans (USD mn) 205.823 Jun 2024 monthly Dec 2010 - Jun 2024
M2 Growth (%) 9.8 2025 yearly 2003 - 2025
Reserve Requirement Ratio (%) 5.5 May 2026 monthly Jan 2002 - May 2026
Foreign Exchange Reserves (USD mn) 2,081.3 Dec 2025 monthly Dec 2002 - Dec 2025
Foreign Exchange Reserves: % of GDP (%) 22.409 Dec 2025 quarterly Dec 2006 - Dec 2025
Foreign Exchange Reserves: Months of Import (NA) 4.5 Dec 2025 monthly Jan 2005 - Dec 2025
Gold Reserves (USD mn) 0.000 Dec 2025 monthly Dec 2002 - Dec 2025
Total Deposits (USD mn) 6,914.389 Jun 2026 monthly Jan 2003 - Jun 2026
Total Deposits Growth (%) 6.0 Jun 2026 monthly Jan 2004 - Jun 2026
Domestic Credit (USD mn) 5,403.2 May 2026 monthly Jan 2005 - May 2026
Domestic Credit Growth (%) 22.6 May 2026 monthly Jan 2006 - May 2026
Household Debt (USD mn) 2,977.9 May 2026 monthly Dec 2004 - May 2026
Total Loans (USD mn) 6,735.508 May 2026 monthly Jan 2003 - May 2026
Total Loans Growth (%) 12.29 May 2026 monthly Jan 2004 - May 2026
Private Debt: % of Nominal GDP (%) 50.62 Dec 2025 quarterly Mar 2007 - Dec 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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