Montenegro Foreign Exchange Reserves

2002 - 2025 | Monthly | USD mn | CEIC Data

Key information about Montenegro Foreign Exchange Reserves

  • Montenegro Foreign Exchange Reserves was measured at 2.1 USD bn in Dec 2025, compared with 1.6 USD bn in the previous month
  • Montenegro Foreign Exchange Reserves: USD mn data is updated monthly, available from Dec 2002 to Dec 2025
  • The data reached an all-time high of 2.1 USD bn in Dec 2020 and a record low of 58.2 USD mn in Dec 2002

The International Monetary Fund provides monthly Foreign Exchange Reserves in USD.


Further information about Montenegro Foreign Exchange Reserves
  • In the latest reports, Montenegro Foreign Exchange Reserves equaled 4.4 Months of Import in Nov 2025.
  • Montenegro Domestic Credit reached 4.7 USD bn in Dec 2025, representing an increased of 9.7 % YoY.
  • The country's Non Performing Loans Ratio stood at 4.3 % in Jun 2024, compared with the ratio of 4.6 % in the previous month.
  • Household Debt of Montenegro reached 28.3 % in Sep 2025, accounting for 28.3 % of the country's Nominal GDP.

View Montenegro's Foreign Exchange Reserves from Dec 2002 to Dec 2025 in the chart:

Montenegro Foreign Exchange Reserves

What was Montenegro's Foreign Exchange Reserves in Dec 2025?

Montenegro Foreign Exchange Reserves was measured at 2.1 USD bn in Dec 2025, compared with 1.6 USD bn in the previous month See the table below for more data.

Last Previous Min Max Unit Frequency Range
2,081.3 Dec 2025 1,642.7 Nov 2025 58.2 Dec 2002 2,087.9 Dec 2020 USD mn monthly Dec 2002 - Dec 2025

Foreign Exchange Reserves by Country Comparison

country/region Last Frequency Range
Albania (USD mn) 7,767.6 Feb 2026 monthly Dec 1993 - Feb 2026
Algeria (USD mn) 35,415.8 Mar 2026 monthly Jan 1968 - Mar 2026
Argentina (USD mn) 38,832.0 May 2026 monthly Dec 1956 - May 2026
Armenia (USD mn) 5,894.9 Jun 2026 monthly Dec 1993 - Jun 2026
Australia (USD mn) 41,187.8 Jun 2026 monthly Jul 1969 - Jun 2026
Austria (USD mn) 5,369.4 Jun 2026 monthly Jan 1957 - Jun 2026
Azerbaijan (USD mn) 14,736.0 Apr 2026 monthly Dec 1992 - Apr 2026
Bahrain (USD mn) 5,173.9 Mar 2026 monthly Oct 1965 - Mar 2026
Bangladesh (USD mn) 23,101.5 Oct 2025 monthly Dec 1972 - Oct 2025
Belarus (USD mn) 5,773.7 Jun 2026 monthly Dec 2002 - Jun 2026
Belgium (USD mn) 6,500.0 Dec 2025 monthly Jan 1999 - Dec 2025
Bolivia (USD mn) 465.4 Jan 2026 monthly Jan 1999 - Jan 2026
Bosnia and Herzegovina (USD mn) 11,205.6 Jun 2026 monthly Aug 1997 - Jun 2026
Botswana (USD mn) 5,165.9 Apr 2021 monthly Jan 1992 - Apr 2021
Brazil (USD mn) 321,660.1 Jun 2026 monthly Nov 2000 - Jun 2026
Brunei (USD mn) 3,759.6 Feb 2026 monthly Dec 1999 - Feb 2026
Bulgaria (USD mn) 823.9 Jun 2026 monthly Sep 2003 - Jun 2026
Cambodia (USD mn) 17,819.2 May 2026 monthly Dec 1993 - May 2026
Canada (USD mn) 96,543.0 Jun 2026 monthly Jun 1999 - Jun 2026
Chile (USD mn) 46,572.8 Jun 2026 monthly Jan 1982 - Jun 2026
China (USD mn) 3,416,262.0 Jun 2026 monthly Jan 1989 - Jun 2026
Colombia (USD mn) 60,994.9 Dec 2025 monthly Dec 1956 - Dec 2025
Croatia (USD mn) 28,293.0 Dec 2022 monthly Dec 1992 - Dec 2022
Cyprus (USD mn) 296.7 Jun 2026 monthly Jan 2002 - Jun 2026
Czech Republic (USD mn) 164,600.6 Jun 2026 monthly Mar 2000 - Jun 2026
Denmark (USD mn) 92,480.3 May 2026 monthly Jan 2002 - May 2026
Ecuador (USD mn) 8,809.2 Jun 2026 monthly Dec 1956 - Jun 2026
Egypt (USD mn) 34,822.4 Jun 2026 monthly Dec 2004 - Jun 2026
Estonia (USD mn) 1,810.4 May 2026 monthly Jan 2001 - May 2026
European Union (USD mn) 344,822.5 May 2026 monthly Dec 1999 - May 2026
Finland (USD mn) 10,474.9 May 2026 monthly Jan 2000 - May 2026
France (USD mn) 33,722.8 May 2026 monthly Feb 2004 - May 2026
Georgia (USD mn) 5,637.9 Jun 2026 monthly Oct 1995 - Jun 2026
Germany (USD mn) 38,526.7 May 2026 monthly Jan 1957 - May 2026
Ghana (USD mn) 5,361.8 Oct 2025 monthly Jan 1965 - Oct 2025
Greece (USD mn) 3,655.7 Jun 2026 monthly Jan 2004 - Jun 2026
Hong Kong SAR, China (USD mn) 445,553.0 May 2026 monthly Apr 2000 - May 2026
Hungary (USD mn) 52,509.7 May 2026 monthly Jan 1998 - May 2026
Iceland (USD mn) 6,760.4 Jun 2026 monthly Oct 2000 - Jun 2026
India (USD mn) 546,922.6 May 2026 monthly Apr 1989 - May 2026
Indonesia (USD mn) 123,582.5 May 2026 monthly Apr 2000 - May 2026
Ireland (USD mn) 4,840.3 Jun 2026 monthly Jan 1999 - Jun 2026
Israel (USD mn) 234,061.5 Jun 2026 monthly Dec 2001 - Jun 2026
Italy (USD mn) 59,854.8 May 2026 monthly Dec 1999 - May 2026
Ivory Coast (USD mn) 6.8 Mar 2025 monthly Jul 1962 - Mar 2025
Japan (USD mn) 1,106,270.0 Jun 2026 monthly Apr 2000 - Jun 2026
Jordan (USD mn) 16,913.8 May 2026 monthly Jan 1958 - May 2026
Kazakhstan (USD mn) 12,485.5 May 2026 monthly Dec 2002 - May 2026
Kenya (USD mn) 13,142.3 Apr 2026 monthly Dec 2000 - Apr 2026
South Korea (USD mn) 402,616.1 Jun 2026 monthly Dec 1956 - Jun 2026
Kosovo (USD mn) 1,325.5 Dec 2025 monthly Dec 2000 - Dec 2025
Kuwait (USD mn) 33,404.8 May 2026 monthly Jan 1964 - May 2026
Kyrgyzstan (USD mn) 1,399.3 May 2026 monthly Jul 1995 - May 2026
Laos (USD mn) 2,642.9 Jun 2025 monthly Dec 1988 - Jun 2025
Latvia (USD mn) 4,537.1 Jun 2026 monthly Jan 1997 - Jun 2026
Lebanon (USD mn) 11,325.8 Jun 2025 monthly Jan 2024 - Jun 2025
Lithuania (USD mn) 5,536.5 May 2026 monthly Jun 1993 - May 2026
Luxembourg (USD mn) 49.0 Jun 2026 monthly Jan 1999 - Jun 2026
Macau SAR, China (USD mn) 29,166.6 May 2026 monthly Jun 1984 - May 2026
North Macedonia (USD mn) 4,744.1 Jun 2026 monthly Dec 1993 - Jun 2026
Malawi (USD mn) 413.8 Oct 2021 monthly Jun 1965 - Oct 2021
Malaysia (USD mn) 119,500.0 Jun 2026 monthly Apr 2000 - Jun 2026
Malta (USD mn) 1,244.1 Jun 2026 monthly Jan 1960 - Jun 2026
Mauritius (USD mn) 7,679.8 May 2026 monthly Mar 1960 - May 2026
Mexico (USD mn) 231,878.6 Apr 2026 monthly Jan 2000 - Apr 2026
Moldova (USD mn) 5,927.0 Jun 2026 monthly Jan 2000 - Jun 2026
Mongolia (USD mn) 5,330.6 Jan 2026 monthly Dec 1992 - Jan 2026
Montenegro (USD mn) 2,081.3 Dec 2025 monthly Dec 2002 - Dec 2025
Morocco (USD mn) 48,016.2 May 2026 monthly Dec 2001 - May 2026
Mozambique (USD mn) 3,470.1 Apr 2026 monthly Mar 1984 - Apr 2026
Myanmar (USD mn) 8,473.8 Mar 2024 quarterly Dec 1950 - Mar 2024
Nepal (USD mn) 21,882.4 Jun 2026 monthly Jan 2002 - Jun 2026
Netherlands (USD mn) 12,050.6 Jun 2026 monthly Sep 1999 - Jun 2026
New Zealand (USD mn) 29,365.6 May 2026 monthly Sep 2005 - May 2026
Nigeria (USD mn) 45,752.8 Dec 2025 monthly Jan 1960 - Dec 2025
Norway (USD mn) 81,696.0 Jun 2026 monthly Jan 1999 - Jun 2026
Oman (USD mn) 16,944.3 May 2026 monthly Apr 1970 - May 2026
Pakistan (USD mn) 22,109.8 May 2026 monthly Jan 1959 - May 2026
Palestinian Territory (USD mn) 845.7 Jun 2026 monthly Jan 2006 - Jun 2026
Panama (USD mn) 5,346.1 May 2026 monthly Oct 1969 - May 2026
Paraguay (USD mn) 9,529.9 Jun 2026 monthly Dec 1956 - Jun 2026
Peru (USD mn) 89,727.0 May 2026 monthly Dec 1956 - May 2026
Philippines (USD mn) 82,969.3 Jun 2026 monthly Jan 1960 - Jun 2026
Poland (USD mn) 200,905.6 May 2026 monthly Jan 1998 - May 2026
Portugal (USD mn) 10,922.2 May 2026 monthly Dec 1999 - May 2026
Qatar (USD mn) 37,402.4 May 2026 monthly Dec 1966 - May 2026
Romania (USD mn) 68,768.2 Jun 2026 monthly Apr 2005 - Jun 2026
Russia (USD mn) 392,265.0 May 2026 monthly Dec 1994 - May 2026
Saudi Arabia (USD mn) 463,201.8 May 2026 monthly Jan 2001 - May 2026
Serbia (USD mn) 26,787.3 May 2026 monthly Jan 2004 - May 2026
Singapore (USD mn) 417,344.9 May 2026 monthly Apr 2000 - May 2026
Slovakia (USD mn) 11,335.7 Jun 2026 monthly Dec 1999 - Jun 2026
Slovenia (USD mn) 1,644.0 Jun 2026 monthly Jan 1994 - Jun 2026
South Africa (USD mn) 51,235.0 Apr 2026 monthly Jan 2001 - Apr 2026
Spain (USD mn) 66,544.0 Jun 2026 monthly Jan 1987 - Jun 2026
Sri Lanka (USD mn) 6,660.6 May 2026 monthly Dec 1956 - May 2026
Sudan (USD mn) 0.0 Dec 2017 monthly Jul 1960 - Dec 2017
Sweden (USD mn) 47,255.0 May 2026 monthly Mar 2000 - May 2026
Switzerland (USD mn) 909,891.4 May 2026 monthly Jun 1999 - May 2026
Syria (USD mn) 16,221.1 Jun 2011 monthly Dec 1950 - Jun 2011

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 (%) -4.5 Mar 2026 quarterly Dec 2012 - Mar 2026
Consolidated Fiscal Balance (USD mn) -83.223 May 2026 monthly Jan 2012 - May 2026
Tax Revenue (USD mn) 200.809 May 2026 monthly Jan 2012 - May 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 Government Revenue: Consolidated (EUR) 216,319,266.010 May 2026 monthly Jan 2012 - May 2026
General Govt Balance: Consolidated: Deficit or Surplus (EUR) -71,246,649.630 May 2026 monthly Jan 2012 - May 2026
General Govt Revenue: Cons: Taxes: Excises (EUR) 32,034,430.120 May 2026 monthly Jan 2012 - May 2026
General Govt Revenue: Cons: Taxes: Value Added Tax (EUR) 103,938,067.020 May 2026 monthly Jan 2012 - May 2026
General Govt Revenue: Cons: Taxes (EUR) 171,910,737.140 May 2026 monthly Jan 2012 - May 2026
General Govt Expenditure: Cons: ow Current (EUR) 260,087,971.500 May 2026 monthly Jan 2012 - May 2026
General Govt Expenditure: Consolidated (EUR) 287,565,915.640 May 2026 monthly Jan 2012 - May 2026
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) -407.3 May 2026 monthly Jan 2005 - May 2026
Total Exports (USD mn) 45.6 May 2026 monthly Jan 2005 - May 2026
Total Exports Growth (%) 7.5 May 2026 monthly Jan 2006 - May 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) 452.9 May 2026 monthly Jan 2005 - May 2026
Total Imports Growth (%) 3.5 May 2026 monthly Jan 2006 - May 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) 0.442 May 2026 monthly Jan 2010 - May 2026
Total Imports from USA (USD mn) 6.252 May 2026 monthly Jan 2006 - May 2026
Total Exports to China (USD mn) 0.831 May 2026 monthly Jan 2010 - May 2026
Total Imports from China (USD mn) 53.703 May 2026 monthly Jan 2006 - May 2026
Exports: Europe: CEFTA: Serbia (EUR th) 7,679.859 May 2026 monthly Mar 2009 - May 2026
Exports: Europe: EU-28: Slovenia (EUR th) 3,791.901 May 2026 monthly Mar 2009 - May 2026
Exports: Machinery & Transport Equipment (EUR th) 5,679.396 May 2026 monthly Mar 2009 - May 2026
Exports: Mineral Fuels, Lubricants & Related Materials (EUR th) 11,208.711 May 2026 monthly Mar 2009 - May 2026
Exports: Manufactured Goods (EUR th) 5,203.826 May 2026 monthly Mar 2009 - May 2026
Exports: Food & Live Animals (EUR th) 3,977.140 May 2026 monthly Mar 2009 - May 2026
Exports: Crude Materials: excl Fuels (EUR th) 6,369.677 May 2026 monthly Mar 2009 - May 2026
Imports: Europe: EU-28: Greece (EUR th) 33,968.686 May 2026 monthly Mar 2009 - May 2026
Imports: Europe: CEFTA: Serbia (EUR th) 65,057.906 May 2026 monthly Mar 2009 - May 2026
Imports: Manufactured Goods (EUR th) 57,443.242 May 2026 monthly Mar 2009 - May 2026
Imports: Food & Live Animals (EUR th) 68,927.561 May 2026 monthly Mar 2009 - May 2026
Imports: Miscellaneous Manufactured Goods (EUR th) 51,039.432 May 2026 monthly Mar 2009 - May 2026
Imports: Machinery & Transport Equipment (EUR th) 91,352.150 May 2026 monthly Mar 2009 - May 2026
Imports: Mineral Fuels, Lubricants & Related Materials (EUR th) 49,537.512 May 2026 monthly Mar 2009 - May 2026
Imports (EUR th) 387,742.991 May 2026 monthly Jan 2005 - May 2026
Exports (EUR th) 39,064.335 May 2026 monthly Jan 2005 - May 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: 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: 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 (%) 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) 6,966.935 May 2026 monthly Jan 2003 - May 2026
Total Deposits Growth (%) 5.7 May 2026 monthly Jan 2004 - May 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

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
Unlimited access tailored to your data needs
Flexible monthly access to CEIC data