Montenegro Gross Savings Rate
2006 - 2025 | Quarterly | % | CEIC Data
Key information about Montenegro Gross Savings Rate
- Montenegro Gross Savings Rate was measured at -9.4% in Dec 2025, compared with -9.4% in the previous quarter.
- Montenegro Gross Savings Rate is updated quarterly, with data available from Mar 2006 to Dec 2025, and an average rate of -9.4%.
- The data reached an all-time high of -9.4% in Sep 2019 and a record low of -42.0% in Mar 2008.
- CEIC calculates Gross Domestic Savings Rate from quarterly Gross Domestic Savings and quarterly Nominal GDP. Gross Domestic Savings is calculated as Nominal GDP less Final Consumption Expenditure. The Statistical Office of Montenegro provides Final Consumption Expenditure in EUR and Nominal GDP in EUR.
- In the latest reports, Montenegro GDP expanded 1.5% YoY in Dec 2025.
- Montenegro Nominal GDP reached 2,278.2 USD mn in Jun 2025. Its GDP deflator (implicit price deflator) increased 5.0% in Jun 2025.
- Montenegro GDP Per Capita reached 13,260.1 USD in Dec 2024.
View Montenegro's Gross Savings Rate from Mar 2006 to Dec 2025 in the chart:
What was Montenegro's Gross Savings Rate in Dec 2025?
Montenegro Gross Savings Rate was measured at -9.4% in Dec 2025, compared with -9.4% in the previous quarter. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| -9.4 Dec 2025 | 20.2 Sep 2025 | -42.0 Mar 2008 | 36.8 Sep 2019 | % | quarterly | Mar 2006 - Dec 2025 |
Gross Savings Rate by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 17.3 Jun 2025 | quarterly | Mar 1995 - Jun 2025 |
| Algeria (%) | 36.1 2021 | yearly | 2000 - 2021 |
| Argentina (%) | 12.3 Jun 2025 | quarterly | Mar 2004 - Jun 2025 |
| Armenia (%) | 24.6 Dec 2025 | quarterly | Dec 1994 - Dec 2025 |
| Australia (%) | 24.8 Jun 2025 | quarterly | Sep 1959 - Jun 2025 |
| Austria (%) | 26.5 Dec 2025 | quarterly | Mar 1995 - Dec 2025 |
| Azerbaijan (%) | 25.3 Dec 2025 | quarterly | Mar 2001 - Dec 2025 |
| Bahrain (%) | 35.8 2024 | yearly | 1989 - 2024 |
| Bangladesh (%) | 30.4 2021 | yearly | 2006 - 2021 |
| Belarus (%) | 26.2 Dec 2025 | quarterly | Mar 1992 - Dec 2025 |
| Belgium (%) | 24.2 Dec 2025 | quarterly | Mar 1980 - Dec 2025 |
| Bolivia (%) | -1.2 Dec 2024 | quarterly | Mar 1990 - Dec 2024 |
| Bosnia and Herzegovina (%) | 15.5 Dec 2025 | quarterly | Mar 2000 - Dec 2025 |
| Botswana (%) | 22.3 Dec 2025 | quarterly | Mar 1994 - Dec 2025 |
| Brazil (%) | 11.4 Dec 2025 | quarterly | Mar 1991 - Dec 2025 |
| Brunei (%) | 53.5 Jun 2025 | quarterly | Mar 2004 - Jun 2025 |
| Bulgaria (%) | 18.2 Dec 2025 | quarterly | Mar 1995 - Dec 2025 |
| Cambodia (%) | 33.2 2022 | yearly | 1993 - 2022 |
| Canada (%) | 25.0 Sep 2025 | quarterly | Mar 1961 - Sep 2025 |
| Chile (%) | 22.1 Sep 2025 | quarterly | Mar 1996 - Sep 2025 |
| China (%) | 43.4 2024 | yearly | 1952 - 2024 |
| Colombia (%) | 12.9 Sep 2025 | quarterly | Mar 2005 - Sep 2025 |
| Croatia (%) | 31.4 Sep 2025 | quarterly | Mar 1995 - Sep 2025 |
| Cyprus (%) | 20.0 Dec 2025 | quarterly | Mar 1995 - Dec 2025 |
| Czech Republic (%) | 30.7 Dec 2025 | quarterly | Mar 1995 - Dec 2025 |
| Denmark (%) | 33.5 Dec 2025 | quarterly | Mar 1990 - Dec 2025 |
| Ecuador (%) | 22.4 Dec 2025 | quarterly | Mar 1991 - Dec 2025 |
| Egypt (%) | 2.4 2024 | yearly | 1969 - 2024 |
| Estonia (%) | 26.3 Sep 2025 | quarterly | Mar 1993 - Sep 2025 |
| European Union (%) | 25.5 Dec 2025 | quarterly | Mar 1995 - Dec 2025 |
| Finland (%) | 23.9 Dec 2025 | quarterly | Mar 1990 - Dec 2025 |
| France (%) | 14.2 Dec 2017 | quarterly | Mar 1949 - Dec 2017 |
| Georgia (%) | 16.1 Dec 2025 | quarterly | Mar 1996 - Dec 2025 |
| Germany (%) | 24.5 Sep 2025 | quarterly | Mar 1991 - Sep 2025 |
| Ghana (%) | 12.2 2024 | yearly | 2006 - 2024 |
| Greece (%) | 11.4 Dec 2025 | quarterly | Mar 1995 - Dec 2025 |
| Hong Kong SAR, China (%) | 29.2 Dec 2025 | quarterly | Mar 1999 - Dec 2025 |
| Hungary (%) | 28.2 Dec 2025 | quarterly | Mar 1995 - Dec 2025 |
| Iceland (%) | 21.0 Dec 2025 | quarterly | Mar 1995 - Dec 2025 |
| India (%) | 30.7 2024 | yearly | 1951 - 2024 |
| Indonesia (%) | 37.5 Mar 2026 | quarterly | Mar 2010 - Mar 2026 |
| Iran (%) | 35.1 Jun 2025 | quarterly | Jun 1988 - Jun 2025 |
| Ireland (%) | 59.5 Dec 2025 | quarterly | Mar 1995 - Dec 2025 |
| Israel (%) | 28.3 Dec 2025 | quarterly | Mar 1995 - Dec 2025 |
| Italy (%) | 24.9 Dec 2025 | quarterly | Mar 1995 - Dec 2025 |
| Ivory Coast (%) | 23.7 2024 | yearly | 1960 - 2024 |
| Japan (%) | 30.1 Mar 2024 | quarterly | Mar 1980 - Mar 2024 |
| Jordan (%) | 11.1 2023 | yearly | 1963 - 2023 |
| Kazakhstan (%) | 33.3 Jun 2025 | quarterly | Mar 1994 - Jun 2025 |
| Kenya (%) | 12.5 2025 | yearly | 2006 - 2025 |
| South Korea (%) | 35.2 Jun 2025 | quarterly | Mar 1970 - Jun 2025 |
| Kosovo (%) | 1.5 Dec 2025 | quarterly | Mar 2010 - Dec 2025 |
| Kuwait (%) | 36.6 2024 | yearly | 1970 - 2024 |
| Kyrgyzstan (%) | -18.1 Jun 2025 | quarterly | Mar 2000 - Jun 2025 |
| Laos (%) | 18.4 2016 | yearly | 2000 - 2016 |
| Latvia (%) | 21.1 Dec 2025 | quarterly | Mar 1995 - Dec 2025 |
| Lebanon (%) | -20.3 2024 | yearly | 1990 - 2024 |
| Lithuania (%) | 22.4 Dec 2025 | quarterly | Mar 1995 - Dec 2025 |
| Luxembourg (%) | 47.3 Jun 2025 | quarterly | Mar 1995 - Jun 2025 |
| Macau SAR, China (%) | 58.5 Sep 2025 | quarterly | Mar 2001 - Sep 2025 |
| North Macedonia (%) | 22.1 Dec 2025 | quarterly | Mar 2000 - Dec 2025 |
| Malawi (%) | -1.1 2023 | yearly | 1977 - 2023 |
| Malaysia (%) | 21.6 Sep 2025 | quarterly | Mar 2010 - Sep 2025 |
| Malta (%) | 39.0 Sep 2025 | quarterly | Mar 1992 - Sep 2025 |
| Mauritius (%) | 18.3 Sep 2025 | quarterly | Mar 1999 - Sep 2025 |
| Mexico (%) | 17.2 Dec 2025 | quarterly | Mar 1993 - Dec 2025 |
| Moldova (%) | 0.4 Sep 2025 | quarterly | Mar 1995 - Sep 2025 |
| Mongolia (%) | 32.9 Sep 2025 | quarterly | Mar 2005 - Sep 2025 |
| Montenegro (%) | -9.4 Dec 2025 | quarterly | Mar 2006 - Dec 2025 |
| Morocco (%) | 29.3 2024 | yearly | 1975 - 2024 |
| Mozambique (%) | 7.7 2024 | yearly | 1969 - 2024 |
| Myanmar (%) | 28.7 2018 | yearly | 1996 - 2018 |
| Nepal (%) | 35.7 2025 | yearly | 2001 - 2025 |
| Netherlands (%) | 29.1 Dec 2025 | quarterly | Mar 1995 - Dec 2025 |
| New Zealand (%) | 20.7 Jun 2025 | quarterly | Jun 1987 - Jun 2025 |
| Nigeria (%) | 48.5 2024 | yearly | 1981 - 2024 |
| Norway (%) | 32.9 Dec 2025 | quarterly | Mar 1978 - Dec 2025 |
| Oman (%) | 29.4 2024 | yearly | 1980 - 2024 |
| Pakistan (%) | 7.1 2025 | yearly | 2000 - 2025 |
| Palestinian Territory (%) | 6.7 Sep 2025 | quarterly | Mar 2011 - Sep 2025 |
| Panama (%) | 40.4 2023 | yearly | 1960 - 2023 |
| Paraguay (%) | 21.5 Dec 2025 | quarterly | Mar 1994 - Dec 2025 |
| Peru (%) | 32.3 Dec 2025 | quarterly | Mar 1990 - Dec 2025 |
| Philippines (%) | 5.4 Sep 2025 | quarterly | Mar 1981 - Sep 2025 |
| Poland (%) | 26.5 Dec 2025 | quarterly | Mar 1995 - Dec 2025 |
| Portugal (%) | 19.9 Dec 2025 | quarterly | Mar 1999 - Dec 2025 |
| Qatar (%) | 66.3 Dec 2022 | quarterly | Mar 2013 - Dec 2022 |
| Romania (%) | 19.6 Dec 2025 | quarterly | Mar 1995 - Dec 2025 |
| Russia (%) | 35.8 Dec 2025 | quarterly | Mar 1993 - Dec 2025 |
| Saudi Arabia (%) | 33.3 Dec 2025 | quarterly | Mar 2003 - Dec 2025 |
| Serbia (%) | 19.0 Dec 2025 | quarterly | Mar 1995 - Dec 2025 |
| Singapore (%) | 47.2 2025 | yearly | 1960 - 2025 |
| Slovakia (%) | 16.5 Dec 2025 | quarterly | Mar 1995 - Dec 2025 |
| Slovenia (%) | 23.8 Dec 2025 | quarterly | Mar 1995 - Dec 2025 |
| South Africa (%) | 13.3 Dec 2025 | quarterly | Mar 1960 - Dec 2025 |
| Spain (%) | 24.8 Dec 2025 | quarterly | Mar 1999 - Dec 2025 |
| Sri Lanka (%) | 27.2 Jun 2025 | quarterly | Mar 2010 - Jun 2025 |
| Sudan (%) | 13.7 2014 | yearly | 1960 - 2014 |
| Sweden (%) | 27.8 Dec 2025 | quarterly | Mar 1980 - Dec 2025 |
| Switzerland (%) | 33.6 Dec 2025 | quarterly | Mar 1990 - Dec 2025 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -3.8 Dec 2025 | quarterly | Dec 2012 - Dec 2025 |
| Consolidated Fiscal Balance (USD mn) | -48.992 Mar 2026 | monthly | Jan 2012 - Mar 2026 |
| Tax Revenue (USD mn) | 264.763 Mar 2026 | monthly | Jan 2012 - Mar 2026 |
| Tax Revenue: % of GDP (%) | 26.9 Dec 2025 | quarterly | Mar 2012 - Dec 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) | 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 (EUR) | 229,093,563.000 Mar 2026 | monthly | Jan 2012 - Mar 2026 |
| General Government Revenue: Consolidated (EUR) | 281,567,733.700 Mar 2026 | monthly | Jan 2012 - Mar 2026 |
| General Govt Revenue: Cons: Taxes: Excises (EUR) | 30,174,874.150 Mar 2026 | monthly | Jan 2012 - Mar 2026 |
| General Govt Revenue: Cons: Taxes: Value Added Tax (EUR) | 101,930,830.290 Mar 2026 | monthly | Jan 2012 - Mar 2026 |
| General Govt Expenditure: Cons: ow Current (EUR) | 293,660,674.690 Mar 2026 | monthly | Jan 2012 - Mar 2026 |
| General Govt Balance: Consolidated: Deficit or Surplus (EUR) | -42,391,910.980 Mar 2026 | monthly | Jan 2012 - Mar 2026 |
| General Govt Expenditure: Consolidated (EUR) | 323,959,644.680 Mar 2026 | monthly | Jan 2012 - Mar 2026 |
| Gross General Government Debt: Domestic (EUR mn) | 287.630 Sep 2025 | monthly | Dec 2010 - Sep 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 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 1.534 2028 | yearly | 2003 - 2028 |
| Trade Balance (USD mn) | -402.7 Mar 2026 | monthly | Jan 2005 - Mar 2026 |
| Total Exports (USD mn) | 58.5 Mar 2026 | monthly | Jan 2005 - Mar 2026 |
| Total Exports Growth (%) | -4.9 Mar 2026 | monthly | Jan 2006 - Mar 2026 |
| 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) | 461.2 Mar 2026 | monthly | Jan 2005 - Mar 2026 |
| Total Imports Growth (%) | 6.9 Mar 2026 | monthly | Jan 2006 - Mar 2026 |
| 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) | 0.702 Mar 2026 | monthly | Jan 2010 - Mar 2026 |
| Total Imports from USA (USD mn) | 4.171 Mar 2026 | monthly | Jan 2006 - Mar 2026 |
| Total Exports to China (USD mn) | 1.559 Mar 2026 | monthly | Jan 2010 - Mar 2026 |
| Total Imports from China (USD mn) | 63.226 Mar 2026 | monthly | Jan 2006 - Mar 2026 |
| Exports: Europe: EU-28: Slovenia (EUR th) | 2,140.101 Mar 2026 | monthly | Mar 2009 - Mar 2026 |
| Exports: Europe: CEFTA: Serbia (EUR th) | 16,107.277 Mar 2026 | monthly | Mar 2009 - Mar 2026 |
| Exports: Crude Materials: excl Fuels (EUR th) | 8,387.819 Mar 2026 | monthly | Mar 2009 - Mar 2026 |
| Exports: Machinery & Transport Equipment (EUR th) | 5,859.328 Mar 2026 | monthly | Mar 2009 - Mar 2026 |
| Exports: Mineral Fuels, Lubricants & Related Materials (EUR th) | 16,708.945 Mar 2026 | monthly | Mar 2009 - Mar 2026 |
| Exports: Manufactured Goods (EUR th) | 1,817.633 Mar 2026 | monthly | Mar 2009 - Mar 2026 |
| Exports: Food & Live Animals (EUR th) | 5,541.696 Mar 2026 | monthly | Mar 2009 - Mar 2026 |
| Imports: Europe: CEFTA: Serbia (EUR th) | 68,246.476 Mar 2026 | monthly | Mar 2009 - Mar 2026 |
| Imports: Europe: EU-28: Greece (EUR th) | 21,927.367 Mar 2026 | monthly | Mar 2009 - Mar 2026 |
| Imports: Machinery & Transport Equipment (EUR th) | 105,135.305 Mar 2026 | monthly | Mar 2009 - Mar 2026 |
| Imports: Miscellaneous Manufactured Goods (EUR th) | 58,121.767 Mar 2026 | monthly | Mar 2009 - Mar 2026 |
| Imports: Manufactured Goods (EUR th) | 61,222.682 Mar 2026 | monthly | Mar 2009 - Mar 2026 |
| Imports: Food & Live Animals (EUR th) | 73,838.088 Mar 2026 | monthly | Mar 2009 - Mar 2026 |
| Imports: Mineral Fuels, Lubricants & Related Materials (EUR th) | 31,824.470 Mar 2026 | monthly | Mar 2009 - Mar 2026 |
| Imports (EUR th) | 399,027.617 Mar 2026 | monthly | Jan 2005 - Mar 2026 |
| Exports (EUR th) | 50,589.553 Mar 2026 | monthly | Jan 2005 - Mar 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 (%) | -35.8 Dec 2025 | quarterly | Mar 2010 - Dec 2025 |
| Foreign Direct Investment (USD mn) | 213.3 Dec 2025 | quarterly | Mar 2005 - Dec 2025 |
| Foreign Direct Investment: % of GDP (%) | 9.0 Dec 2025 | quarterly | Mar 2010 - Dec 2025 |
| Foreign Portfolio Investment (USD mn) | -89.045 Dec 2025 | quarterly | Mar 2005 - Dec 2025 |
| Foreign Portfolio Investment: % of GDP (%) | -3.8 Dec 2025 | quarterly | Mar 2010 - Dec 2025 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | 149.6 Dec 2025 | quarterly | Mar 2007 - Dec 2025 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | 63.675 Dec 2025 | quarterly | Mar 2007 - Dec 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) | -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: 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: 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 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 4.3 Jun 2024 | monthly | Aug 2010 - Jun 2024 |
| Household Debt: % of GDP (%) | 29.2 Dec 2025 | quarterly | Mar 2007 - Dec 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 Mar 2026 | monthly | Jan 2002 - Mar 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) | 6,822.109 Mar 2026 | monthly | Jan 2003 - Mar 2026 |
| Total Deposits Growth (%) | 5.2 Mar 2026 | monthly | Jan 2004 - Mar 2026 |
| Domestic Credit (USD mn) | 4,993.0 Mar 2026 | monthly | Jan 2005 - Mar 2026 |
| Domestic Credit Growth (%) | 10.7 Mar 2026 | monthly | Jan 2006 - Mar 2026 |
| Household Debt (USD mn) | 2,859.2 Mar 2026 | monthly | Dec 2004 - Mar 2026 |
| Total Loans (USD mn) | 6,442.943 Mar 2026 | monthly | Jan 2003 - Mar 2026 |
| Total Loans Growth (%) | 15.12 Mar 2026 | monthly | Jan 2004 - Mar 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 |
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