Montenegro External Debt: % of GDP
2006 - 2021 | Yearly | % | CEIC Data
Key information about Montenegro External Debt: % of GDP
- Montenegro External Debt accounted for 180.1 % of the country's Nominal GDP in 2021, compared with the ratio of 220.6 % in the previous year.
- Montenegro External Debt: % of Nominal GDP data is updated yearly, available from Dec 2006 to Dec 2021.
- The data reached an all-time high of 220.6 % in Dec 2020 and a record low of 32.3 % in Dec 2006.
CEIC calculates External Debt as % of Nominal GDP from annual External Debt and annual Nominal GDP. The World Bank provides External Debt in USD. The Statistical Office of Montenegro provides Nominal GDP in EUR based on ESA 2010. Federal Reserve Board average market exchange rate is used for currency conversions.
Related information about Montenegro External Debt: % of GDP
- In the latest reports of Montenegro, Current Account recorded a surplus of 67.9 USD mn in Sep 2022.
- Foreign Direct Investment (FDI) increased by 257.2 USD mn in Sep 2022.
- Montenegro Direct Investment Abroad expanded by 13.6 USD mn in Sep 2022.
- Its Foreign Portfolio Investment fell by 9.6 USD mn in Sep 2022.
- The country's External Debt reached 10,552.3 in Dec 2021.
- The country's Nominal GDP was reported at 1.8 USD bn in Sep 2022.
View Montenegro's External Debt: % of GDP from 2006 to 2021 in the chart:
What was Montenegro's External Debt: % of GDP in 2021?
Montenegro External Debt accounted for 180.1 % of the country's Nominal GDP in 2021, compared with the ratio of 220.6 % in the previous year. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 180.1 2021 | 220.6 2020 | 32.3 2006 | 220.6 2020 | % | yearly | 2006 - 2021 |
External Debt: % of GDP by Country Comparison
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Includes External Debt: % of GDP on 109 economies standardised by CEIC. Instant access to full history data in excel.
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 63.2 2021 | yearly | 1991 - 2021 |
| Algeria (%) | 1.9 2021 | yearly | 1970 - 2021 |
| Argentina (%) | 56.6 2021 | yearly | 1994 - 2021 |
| Armenia (%) | 99.9 2021 | yearly | 2000 - 2021 |
| Australia (%) | 115.9 2022 | yearly | 1988 - 2022 |
| Austria (%) | 163.3 2021 | yearly | 1997 - 2021 |
| Azerbaijan (%) | 14.9 Dec 2021 | quarterly | Dec 2001 - Dec 2021 |
| Bangladesh (%) | 11.4 2017 | yearly | 1997 - 2017 |
| Belarus (%) | 57.7 Sep 2022 | quarterly | Dec 2000 - Sep 2022 |
| Belgium (%) | 258.5 2021 | yearly | 2007 - 2021 |
| Bolivia (%) | 38.8 2020 | yearly | 2006 - 2020 |
| Bosnia and Herzegovina (%) | 24.1 2021 | yearly | 1999 - 2021 |
| Botswana (%) | 8.0 2022 | yearly | 1995 - 2022 |
| Brazil (%) | 34.4 2021 | yearly | 1992 - 2021 |
| Bulgaria (%) | 52.0 2022 | yearly | 1999 - 2022 |
| Cambodia (%) | 75.1 2021 | yearly | 2010 - 2021 |
| Canada (%) | 135.5 2021 | yearly | 1990 - 2021 |
| Chile (%) | 77.4 2022 | yearly | 1971 - 2022 |
| China (%) | 15.4 2021 | yearly | 1985 - 2021 |
| Colombia (%) | 53.4 2022 | yearly | 1970 - 2022 |
| Croatia (%) | 77.5 2021 | yearly | 1998 - 2021 |
| Cyprus (%) | 699.5 2021 | yearly | 2004 - 2021 |
| Czech Republic (%) | 73.2 2021 | yearly | 1995 - 2021 |
| Denmark (%) | 151.0 2021 | yearly | 2005 - 2021 |
| Ecuador (%) | 54.1 2021 | yearly | 1970 - 2021 |
| Egypt (%) | 32.4 Sep 2022 | quarterly | Jun 1999 - Sep 2022 |
| Estonia (%) | 84.7 2021 | yearly | 1996 - 2021 |
| European Union (%) | 129.2 2021 | yearly | 2008 - 2021 |
| Finland (%) | 213.5 2022 | yearly | 1991 - 2022 |
| France (%) | 256.2 2021 | yearly | 2004 - 2021 |
| Georgia (%) | 117.8 2021 | yearly | 1999 - 2021 |
| Germany (%) | 169.4 2021 | yearly | 1999 - 2021 |
| Ghana (%) | 35.9 2021 | yearly | 1999 - 2021 |
| Greece (%) | 305.3 2021 | yearly | 2003 - 2021 |
| Hong Kong SAR, China (%) | 502.2 2022 | yearly | 2001 - 2022 |
| Hungary (%) | 157.7 2021 | yearly | 2006 - 2021 |
| Iceland (%) | 79.2 2022 | yearly | 1989 - 2022 |
| India (%) | 20.0 2022 | yearly | 1970 - 2022 |
| Indonesia (%) | 30.1 2022 | yearly | 2003 - 2022 |
| Iran (%) | 0.9 2021 | yearly | 1994 - 2021 |
| Ireland (%) | 559.9 2022 | yearly | 2002 - 2022 |
| Israel (%) | 29.3 2022 | yearly | 1998 - 2022 |
| Italy (%) | 137.8 2021 | yearly | 2002 - 2021 |
| Ivory Coast (%) | 31.4 2021 | yearly | 1994 - 2021 |
| Japan (%) | 101.8 2022 | yearly | 2003 - 2022 |
| Jordan (%) | 85.7 2021 | yearly | 1970 - 2021 |
| Kazakhstan (%) | 74.7 Sep 2022 | quarterly | Mar 2002 - Sep 2022 |
| Kenya (%) | 34.5 2021 | yearly | 2006 - 2021 |
| South Korea (%) | 39.9 2022 | yearly | 1994 - 2022 |
| Kosovo (%) | 37.4 2021 | yearly | 2007 - 2021 |
| Kuwait (%) | 58.5 2020 | yearly | 2014 - 2020 |
| Kyrgyzstan (%) | 103.7 2021 | yearly | 2003 - 2021 |
| Laos (%) | 53.8 2021 | yearly | 1996 - 2021 |
| Latvia (%) | 100.5 Dec 2022 | quarterly | Mar 2000 - Dec 2022 |
| Lebanon (%) | 53.0 2020 | yearly | 2007 - 2020 |
| Lithuania (%) | 77.0 2021 | yearly | 1996 - 2021 |
| Luxembourg (%) | 4,474.0 2022 | yearly | 2002 - 2022 |
| North Macedonia (%) | 81.9 2021 | yearly | 2004 - 2021 |
| Malawi (%) | 60.1 2021 | yearly | 2006 - 2021 |
| Malaysia (%) | 64.0 2022 | yearly | 2009 - 2022 |
| Malta (%) | 620.0 2021 | yearly | 2004 - 2021 |
| Mauritius (%) | 2,070.9 2021 | yearly | 2009 - 2021 |
| Mexico (%) | 47.1 2021 | yearly | 2002 - 2021 |
| Moldova (%) | 64.1 2021 | yearly | 2000 - 2021 |
| Mongolia (%) | 199.5 2022 | yearly | 1992 - 2022 |
| Montenegro (%) | 180.1 2021 | yearly | 2006 - 2021 |
| Morocco (%) | 47.0 2021 | yearly | 1970 - 2021 |
| Mozambique (%) | 71.7 2020 | yearly | 1985 - 2020 |
| Myanmar (%) | 16.7 2020 | yearly | 2018 - 2020 |
| Nepal (%) | 17.3 2016 | yearly | 2001 - 2016 |
| Netherlands (%) | 412.2 2021 | yearly | 2003 - 2021 |
| New Zealand (%) | 87.2 2021 | yearly | 1993 - 2021 |
| Nigeria (%) | 8.8 2021 | yearly | 1985 - 2021 |
| Norway (%) | 135.6 2022 | yearly | 2003 - 2022 |
| Pakistan (%) | 34.5 2022 | yearly | 2000 - 2022 |
| Palestinian Territory (%) | 11.9 2021 | yearly | 2012 - 2021 |
| Panama (%) | 167.4 2021 | yearly | 2014 - 2021 |
| Paraguay (%) | 51.9 2021 | yearly | 2000 - 2021 |
| Peru (%) | 41.8 2022 | yearly | 1980 - 2022 |
| Philippines (%) | 27.0 2021 | yearly | 1990 - 2021 |
| Poland (%) | 56.6 2021 | yearly | 1995 - 2021 |
| Portugal (%) | 191.3 2021 | yearly | 1996 - 2021 |
| Qatar (%) | 106.1 2018 | yearly | 2000 - 2018 |
| Romania (%) | 49.8 2022 | yearly | 1995 - 2022 |
| Russia (%) | 26.2 2021 | yearly | 1993 - 2021 |
| Serbia (%) | 68.5 2021 | yearly | 2000 - 2021 |
| Singapore (%) | 419.9 2021 | yearly | 2003 - 2021 |
| Slovakia (%) | 135.1 2021 | yearly | 1995 - 2021 |
| Slovenia (%) | 87.8 2022 | yearly | 2001 - 2022 |
| South Africa (%) | 38.3 2021 | yearly | 1985 - 2021 |
| Spain (%) | 192.9 2021 | yearly | 1995 - 2021 |
| Sri Lanka (%) | 57.7 2020 | yearly | 1998 - 2020 |
| Sudan (%) | 202.2 2021 | yearly | 2001 - 2021 |
| Sweden (%) | 172.1 2022 | yearly | 1997 - 2022 |
| Switzerland (%) | 295.8 2021 | yearly | 1999 - 2021 |
| Taiwan (%) | 26.5 2022 | yearly | 1999 - 2022 |
| Tajikistan (%) | 40.6 2020 | yearly | 2000 - 2020 |
| Thailand (%) | 37.0 Sep 2022 | quarterly | Mar 2005 - Sep 2022 |
| Tunisia (%) | 94.6 2021 | yearly | 2002 - 2021 |
| Turkey (%) | 54.2 2021 | yearly | 1989 - 2021 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -1.6 Sep 2022 | quarterly | Dec 2012 - Sep 2022 |
| Consolidated Fiscal Balance (USD mn) | 57.144 Jan 2023 | monthly | Jan 2012 - Jan 2023 |
| Tax Revenue (USD mn) | 111.531 Jan 2023 | monthly | Jan 2012 - Jan 2023 |
| Tax Revenue: % of GDP (%) | 22.1 Dec 2022 | quarterly | Mar 2012 - Dec 2022 |
| National Government Debt (USD mn) | 3,912.9 Sep 2022 | monthly | Dec 2010 - Sep 2022 |
| Government Debt: % of GDP (%) | 71.5 Sep 2022 | quarterly | Dec 2010 - Sep 2022 |
| Forecast: Government Expenditure (EUR bn) | 3.637 2027 | yearly | 2002 - 2027 |
| Forecast: Government Net Debt (EUR bn) | 6.439 2027 | yearly | 2002 - 2027 |
| Forecast: Government Revenue (EUR bn) | 3.110 2027 | yearly | 2002 - 2027 |
| General Government Revenue: Consolidated (EUR) | 167,764,831.400 Jan 2023 | monthly | Jan 2012 - Jan 2023 |
| General Govt Revenue: Cons: Taxes (EUR) | 102,838,730.770 Nov 2022 | monthly | Jan 2012 - Nov 2022 |
| General Govt Revenue: Cons: Taxes: Value Added Tax (EUR) | 79,816,016.630 Jan 2023 | monthly | Jan 2012 - Jan 2023 |
| General Govt Expenditure: Consolidated (EUR) | 114,740,855.950 Jan 2023 | monthly | Jan 2012 - Jan 2023 |
| General Govt Revenue: Cons: Taxes: Excises (EUR) | 22,088,360.560 Dec 2022 | monthly | Jan 2012 - Dec 2022 |
| General Govt Expenditure: Cons: ow Current (EUR) | 114,320,653.610 Jan 2023 | monthly | Jan 2012 - Jan 2023 |
| General Govt Balance: Consolidated: Deficit or Surplus (EUR) | 53,023,975.450 Jan 2023 | monthly | Jan 2012 - Jan 2023 |
| Gross General Government External Debt (EUR mn) | 3,632.180 Jun 2022 | monthly | Dec 2010 - Jun 2022 |
| Gross General Government Debt (EUR mn) | 4,064.400 Mar 2022 | monthly | Dec 2010 - Mar 2022 |
| Gross General Government Debt: Domestic (EUR mn) | 382.470 Jun 2022 | monthly | Dec 2010 - Jun 2022 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 1.747 2027 | yearly | 2003 - 2027 |
| Trade Balance (USD mn) | -135.6 Jan 2023 | monthly | Jan 2005 - Jan 2023 |
| Total Exports (USD mn) | 93.8 Jan 2023 | monthly | Jan 2005 - Jan 2023 |
| Total Exports Growth (%) | 35.2 Jan 2023 | monthly | Jan 2006 - Jan 2023 |
| Aluminum: Exports (USD th) | 96,247.098 2021 | yearly | 2008 - 2021 |
| Exports: Medicament (USD th) | 26,928.286 2021 | yearly | 2008 - 2021 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 121.396 2021 | yearly | 2008 - 2021 |
| Total Imports (USD mn) | 229.4 Jan 2023 | monthly | Jan 2005 - Jan 2023 |
| Total Imports Growth (%) | 46.3 Jan 2023 | monthly | Jan 2006 - Jan 2023 |
| Imports: Medicament (USD th) | 115,290.855 2021 | yearly | 2008 - 2021 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 67,838.933 2021 | yearly | 2008 - 2021 |
| Total Exports to USA (USD mn) | 0.186 Jan 2023 | monthly | Jan 2010 - Jan 2023 |
| Total Imports from USA (USD mn) | 1.236 Jan 2023 | monthly | Jan 2006 - Jan 2023 |
| Total Exports to China (USD mn) | 0.004 Jan 2023 | monthly | Jan 2010 - Jan 2023 |
| Total Imports from China (USD mn) | 26.612 Jan 2023 | monthly | Jan 2006 - Jan 2023 |
| Imports (EUR th) | 212,863.281 Jan 2023 | monthly | Jan 2005 - Jan 2023 |
| Exports (EUR th) | 87,008.150 Jan 2023 | monthly | Jan 2005 - Jan 2023 |
| Exports: Machinery & Transport Equipment (EUR th) | 2,739.437 Jan 2023 | monthly | Mar 2009 - Jan 2023 |
| Exports: Mineral Fuels, Lubricants & Related Materials (EUR th) | 7,989.739 Nov 2022 | monthly | Mar 2009 - Nov 2022 |
| Exports: Manufactured Goods (EUR th) | 3,640.555 Jan 2023 | monthly | Mar 2009 - Jan 2023 |
| Exports: Food & Live Animals (EUR th) | 3,274.098 Jan 2023 | monthly | Mar 2009 - Jan 2023 |
| Exports: Crude Materials: excl Fuels (EUR th) | 6,123.634 Jan 2023 | monthly | Mar 2009 - Jan 2023 |
| Exports: Europe: CEFTA: Serbia (EUR th) | 21,197.990 Jan 2023 | monthly | Mar 2009 - Jan 2023 |
| Exports: Europe: EU-28: Slovenia (EUR th) | 23,287.678 Jan 2023 | monthly | Mar 2009 - Jan 2023 |
| Imports: Miscellaneous Manufactured Goods (EUR th) | 32,113.398 Jan 2023 | monthly | Mar 2009 - Jan 2023 |
| Imports: Food & Live Animals (EUR th) | 40,793.385 Jan 2023 | monthly | Mar 2009 - Jan 2023 |
| Imports: Machinery & Transport Equipment (EUR th) | 48,370.037 Jan 2023 | monthly | Mar 2009 - Jan 2023 |
| Imports: Manufactured Goods (EUR th) | 38,090.060 Jan 2023 | monthly | Mar 2009 - Jan 2023 |
| Imports: Mineral Fuels, Lubricants & Related Materials (EUR th) | 19,169.812 Jan 2023 | monthly | Mar 2009 - Jan 2023 |
| Imports: Europe: EU-28: Greece (EUR th) | 13,798.878 Jan 2023 | monthly | Mar 2009 - Jan 2023 |
| Imports: Europe: CEFTA: Serbia (EUR th) | 32,077.814 Jan 2023 | monthly | Mar 2009 - Jan 2023 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Direct Investment Abroad (USD mn) | 24.5 Dec 2022 | quarterly | Mar 2005 - Dec 2022 |
| Current Account Balance (USD mn) | -291.0 Dec 2022 | quarterly | Mar 2004 - Dec 2022 |
| Current Account Balance: % of GDP (%) | 3.6 Sep 2022 | quarterly | Mar 2010 - Sep 2022 |
| Foreign Direct Investment (USD mn) | 204.7 Dec 2022 | quarterly | Mar 2005 - Dec 2022 |
| Foreign Direct Investment: % of GDP (%) | 13.0 Dec 2022 | quarterly | Mar 2010 - Dec 2022 |
| Foreign Portfolio Investment (USD mn) | 9.389 Dec 2022 | quarterly | Mar 2005 - Dec 2022 |
| Foreign Portfolio Investment: % of GDP (%) | -0.6 Sep 2022 | quarterly | Mar 2010 - Sep 2022 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | 131.2 Sep 2022 | quarterly | Mar 2007 - Sep 2022 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | 43.621 Dec 2022 | quarterly | Mar 2007 - Dec 2022 |
| External Debt (USD mn) | 10,552.3 2021 | yearly | 2006 - 2021 |
| External Debt: % of GDP (%) | 180.1 2021 | yearly | 2006 - 2021 |
| External Debt: Short Term (USD mn) | 386.4 2021 | yearly | 2007 - 2021 |
| External Debt: Short Term: % of GDP (%) | 6.6 2021 | yearly | 2007 - 2021 |
| Forecast: Current Account Balance (USD bn) | -1.105 2027 | yearly | 2001 - 2027 |
| 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) | 10,149,239.710 2021 | yearly | 2001 - 2021 |
| Foreign Direct Investment: Flow: Switzerland (EUR) | 78,865,715.780 2021 | yearly | 2001 - 2021 |
| Foreign Direct Investment: Flow: Russian Federation (EUR) | 164,526,989.970 2021 | yearly | 2001 - 2021 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 5.7 Nov 2022 | monthly | Aug 2010 - Nov 2022 |
| Household Debt: % of GDP (%) | 26.8 Dec 2022 | quarterly | Dec 2010 - Dec 2022 |
| Non-Performing Loans (USD mn) | 218.559 Nov 2022 | monthly | Dec 2010 - Nov 2022 |
| M2 Growth (%) | -3.7 2020 | yearly | 2003 - 2020 |
| Reserve Requirement Ratio (%) | 5.5 Dec 2022 | monthly | Jan 2002 - Dec 2022 |
| Foreign Exchange Reserves (USD mn) | 1,898.0 Jan 2023 | monthly | Dec 2002 - Jan 2023 |
| Foreign Exchange Reserves: % of GDP (%) | 29.147 Sep 2022 | quarterly | Dec 2010 - Sep 2022 |
| Foreign Exchange Reserves: Months of Import (NA) | 8.3 Jan 2023 | monthly | Jan 2005 - Jan 2023 |
| Gold Reserves (USD mn) | 0.000 Jan 2023 | monthly | Dec 2002 - Jan 2023 |
| Total Deposits (USD mn) | 5,546.375 Feb 2023 | monthly | Jan 2003 - Feb 2023 |
| Total Deposits Growth (%) | 21.9 Feb 2023 | monthly | Jan 2004 - Feb 2023 |
| Domestic Credit (USD mn) | 3,523.6 Feb 2023 | monthly | Jan 2005 - Feb 2023 |
| Domestic Credit Growth (%) | 19.7 Feb 2023 | monthly | Jan 2006 - Feb 2023 |
| Household Debt (USD mn) | 1,692.4 Jan 2023 | monthly | Dec 2004 - Jan 2023 |
| Total Loans (USD mn) | 4,039.196 Feb 2023 | monthly | Jan 2003 - Feb 2023 |
| Total Loans Growth (%) | 11.69 Feb 2023 | monthly | Jan 2004 - Feb 2023 |
| Private Debt: % of Nominal GDP (%) | 47.95 Dec 2022 | quarterly | Dec 2010 - Dec 2022 |
| Bank Loans: Residents: Households (EUR th) | 1,188,990.000 Jun 2018 | monthly | Jan 2009 - Jun 2018 |
| Bank Loans: Non Performing Loans (EUR th) | 200,600.000 Apr 2018 | monthly | Dec 2010 - Apr 2018 |
| ME: Bank Non-Performing Loans to Total Gross Loans (%) | 7.426 2018 | yearly | 2013 - 2018 |
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