Montenegro Reserve Requirement Ratio

2002 - 2025 | Monthly | % | Central Bank of Montenegro

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  • The 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 increase 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 Reserve Requirement Ratio from Jan 2002 to Dec 2025 in the chart:

    Montenegro Reserve Requirement Ratio

    What was Montenegro's Reserve Requirement Ratio in Dec 2025?

    Last Previous Min Max Unit Frequency Range
    5.5 Dec 2025 5.5 Nov 2025 5.5 Dec 2025 80.0 Feb 2002 % monthly Jan 2002 - Dec 2025

    Reserve Requirement Ratio by Country Comparison

    country/region Last Frequency Range
    Algeria (%) 2.0 Oct 2025 monthly Jun 2006 - Oct 2025
    Argentina (%) 39.6 Jul 2025 monthly Apr 1985 - Jul 2025
    Armenia (%) 8.0 2024 yearly 2008 - 2024
    Austria (%) 1.0 Dec 2025 monthly Jan 1999 - Dec 2025
    Azerbaijan (%) 5.0 Dec 2025 monthly May 1993 - Dec 2025
    Bahrain (%) 5.0 Jan 2026 monthly Jan 2008 - Jan 2026
    Bangladesh (%) 4.0 Jan 2026 monthly Oct 1999 - Jan 2026
    Belarus (%) 20.0 Jan 2026 monthly Jul 1998 - Jan 2026
    Belgium (%) 1.0 Nov 2025 monthly Jan 1999 - Nov 2025
    Bolivia (%) 8.5 Sep 2025 monthly Jan 2000 - Sep 2025
    Bosnia and Herzegovina (%) 10.0 Dec 2025 monthly Aug 1997 - Dec 2025
    Botswana (%) 0.0 Dec 2025 monthly Feb 2006 - Dec 2025
    Brazil (%) 21.0 Jan 2026 monthly Jul 1994 - Jan 2026
    Brunei (%) 5.0 Jan 2026 monthly Jan 2006 - Jan 2026
    Bulgaria (%) 10.0 Nov 2025 monthly Dec 2004 - Nov 2025
    Cambodia (%) 7.0 Jan 2026 monthly Jan 2008 - Jan 2026
    China (%) 6.2 Jan 2026 monthly Jan 1985 - Jan 2026
    Colombia (%) 8.0 Jan 2026 monthly Jun 2008 - Jan 2026
    Croatia (%) 2.7 Dec 2022 monthly Jan 1993 - Dec 2022
    Cyprus (%) 1.0 Nov 2025 monthly Jan 1999 - Nov 2025
    Czech Republic (%) 4.0 Dec 2025 monthly Aug 1996 - Dec 2025
    Ecuador (%) 2.0 Aug 2022 monthly Dec 2009 - Aug 2022
    Egypt (%) 18.0 Jan 2026 monthly Jan 2012 - Jan 2026
    Estonia (%) 1.0 Dec 2025 monthly Jan 1999 - Dec 2025
    European Union (%) 1.0 Dec 2025 monthly Jan 1999 - Dec 2025
    Finland (%) 1.0 Nov 2025 monthly Jan 1999 - Nov 2025
    France (%) 1.0 Dec 2025 monthly Jan 1999 - Dec 2025
    Georgia (%) 5.0 Jan 2026 monthly Jan 1992 - Jan 2026
    Germany (%) 1.0 Dec 2025 monthly Jan 1999 - Dec 2025
    Greece (%) 1.0 Nov 2025 monthly Jan 1999 - Nov 2025
    Hungary (%) 8.0 Feb 2026 monthly Mar 1994 - Feb 2026
    Iceland (%) 3.0 Feb 2026 monthly Jun 1979 - Feb 2026
    India (%) 3.0 Jan 2026 monthly Sep 1962 - Jan 2026
    Indonesia (%) 9.0 Jan 2026 monthly Jan 1997 - Jan 2026
    Iran (%) 10.0 May 2024 monthly Mar 2008 - May 2024
    Ireland (%) 1.0 Dec 2025 monthly Jan 1999 - Dec 2025
    Israel (%) 6.0 Dec 2025 monthly Jan 1995 - Dec 2025
    Italy (%) 1.0 Nov 2025 monthly Jan 1999 - Nov 2025
    Ivory Coast (%) 3.0 Nov 2025 monthly Oct 1993 - Nov 2025
    Japan (%) 0.8 Nov 2025 monthly Oct 1980 - Nov 2025
    Kazakhstan (%) 2.0 Jan 2026 monthly Jun 2015 - Jan 2026
    Kenya (%) 4.3 Mar 2023 monthly Dec 1999 - Mar 2023
    South Korea (%) 7.0 Jan 2026 monthly Nov 1979 - Jan 2026
    Kosovo (%) 10.0 2024 yearly 2001 - 2024
    Kyrgyzstan (%) 9.0 Sep 2015 monthly Jan 2007 - Sep 2015
    Laos (%) 8.0 Jan 2026 monthly Jan 2002 - Jan 2026
    Latvia (%) 1.0 Nov 2025 monthly Jan 1999 - Nov 2025
    Lebanon (%) 25.0 Jan 2026 monthly Dec 2002 - Jan 2026
    Lithuania (%) 1.0 Dec 2025 monthly Jan 1999 - Dec 2025
    Luxembourg (%) 1.0 Dec 2025 monthly Jan 1999 - Dec 2025
    North Macedonia (%) 9.0 Nov 2025 monthly Jan 2004 - Nov 2025
    Malawi (%) 10.0 Jan 2026 monthly Jan 2019 - Jan 2026
    Malaysia (%) 1.0 Jan 2026 monthly Jan 1959 - Jan 2026
    Malta (%) 1.0 Nov 2025 monthly Jan 1999 - Nov 2025
    Mauritius (%) 9.0 Jan 2026 monthly Jul 1998 - Jan 2026
    Moldova (%) 20.0 Nov 2025 monthly Jan 2004 - Nov 2025
    Mongolia (%) 13.0 Jan 2026 monthly Jan 2005 - Jan 2026
    Montenegro (%) 5.5 Dec 2025 monthly Jan 2002 - Dec 2025
    Morocco (%) 0.0 Jan 2026 monthly Oct 1990 - Jan 2026
    Mozambique (%) 29.0 Dec 2025 monthly Aug 2011 - Dec 2025
    Myanmar (%) 3.8 Jan 2026 monthly May 2011 - Jan 2026
    Nepal (%) 4.0 Dec 2025 monthly Jul 2003 - Dec 2025
    Netherlands (%) 1.0 Dec 2025 monthly Jan 1999 - Dec 2025
    Nigeria (%) 45.0 Dec 2025 monthly Nov 2005 - Dec 2025
    Norway (%) 3.0 Jan 2026 monthly Oct 2011 - Jan 2026
    Oman (%) 5.0 Jan 2026 monthly Jun 2006 - Jan 2026
    Pakistan (%) 5.0 Dec 2025 monthly Jul 2006 - Dec 2025
    Peru (%) 5.5 Jan 2026 monthly Apr 1997 - Jan 2026
    Philippines (%) 5.0 Jan 2026 monthly May 1986 - Jan 2026
    Poland (%) 3.5 Dec 2017 monthly Jan 1993 - Dec 2017
    Portugal (%) 1.0 Nov 2025 monthly Jan 1999 - Nov 2025
    Qatar (%) 4.5 Jan 2026 monthly Jan 2003 - Jan 2026
    Romania (%) 8.0 Dec 2025 monthly Jan 2006 - Dec 2025
    Russia (%) 4.5 Jan 2026 monthly Jul 2004 - Jan 2026
    Saudi Arabia (%) 7.0 Jan 2026 monthly Mar 1980 - Jan 2026
    Serbia (%) 7.0 Dec 2025 monthly Jan 2005 - Dec 2025
    Slovakia (%) 1.0 Jul 2021 monthly Jan 1999 - Jul 2021
    Slovenia (%) 1.0 Nov 2025 monthly Jan 1999 - Nov 2025
    South Africa (%) 2.5 Jan 2026 monthly Feb 1994 - Jan 2026
    Spain (%) 1.0 Nov 2025 monthly Jan 1999 - Nov 2025
    Sri Lanka (%) 2.0 Nov 2025 monthly Mar 1997 - Nov 2025
    Sudan (%) 18.0 Oct 2025 monthly Jan 2003 - Oct 2025
    Taiwan, China (%) 5.0 Nov 2025 monthly Dec 1988 - Nov 2025
    Tajikistan (%) 3.0 Sep 2025 quarterly Mar 2008 - Sep 2025
    Thailand (%) 1.0 Jan 2026 monthly Sep 1997 - Jan 2026
    Tunisia (%) 1.0 Nov 2025 monthly Oct 1964 - Nov 2025
    Turkey (%) 8.0 Jan 2026 monthly Jan 2011 - Jan 2026
    Ukraine (%) 20.0 Jun 2025 monthly Dec 2014 - Jun 2025
    United Arab Emirates (%) 1.0 Dec 2025 monthly Jan 2000 - Dec 2025
    United States (%) 0.0 Jan 2026 monthly Nov 1980 - Jan 2026
    Venezuela (%) 73.0 Jan 2026 monthly Jan 2004 - Jan 2026
    Vietnam (%) 3.0 Jan 2026 monthly Feb 2010 - Jan 2026
    Yemen (%) 7.0 Aug 2015 monthly Jul 1995 - Aug 2015
    Zambia (%) 26.0 Dec 2025 monthly Jan 2004 - Dec 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) -174.631 Dec 2025 monthly Jan 2012 - Dec 2025
    Tax Revenue (USD mn) 230.124 Dec 2025 monthly Jan 2012 - Dec 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 Expenditure: Consolidated (EUR) 481,239,492.290 Dec 2025 monthly Jan 2012 - Dec 2025
    General Government Revenue: Consolidated (EUR) 332,109,440.500 Dec 2025 monthly Jan 2012 - Dec 2025
    General Govt Revenue: Cons: Taxes (EUR) 196,519,134.140 Dec 2025 monthly Jan 2012 - Dec 2025
    General Govt Expenditure: Cons: ow Current (EUR) 390,416,533.320 Dec 2025 monthly Jan 2012 - Dec 2025
    General Govt Revenue: Cons: Taxes: Excises (EUR) 36,470,170.960 Dec 2025 monthly Jan 2012 - Dec 2025
    General Govt Balance: Consolidated: Deficit or Surplus (EUR) -149,130,051.790 Dec 2025 monthly Jan 2012 - Dec 2025
    General Govt Revenue: Cons: Taxes: Value Added Tax (EUR) 131,336,012.740 Dec 2025 monthly Jan 2012 - Dec 2025
    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) -319.9 Nov 2025 monthly Jan 2005 - Nov 2025
    Total Exports (USD mn) 75.7 Dec 2025 monthly Jan 2005 - Dec 2025
    Total Exports Growth (%) -5.4 Dec 2025 monthly Jan 2006 - Dec 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) 459.2 Dec 2025 monthly Jan 2005 - Dec 2025
    Total Imports Growth (%) 10.0 Dec 2025 monthly Jan 2006 - Dec 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) 2.353 Dec 2025 monthly Jan 2010 - Dec 2025
    Total Imports from USA (USD mn) 4.082 Dec 2025 monthly Jan 2006 - Dec 2025
    Total Exports to China (USD mn) 0.418 Dec 2025 monthly Jan 2010 - Dec 2025
    Total Imports from China (USD mn) 55.967 Dec 2025 monthly Jan 2006 - Dec 2025
    Exports: Europe: EU-28: Slovenia (EUR th) 1,417.484 Dec 2025 monthly Mar 2009 - Dec 2025
    Exports: Europe: CEFTA: Serbia (EUR th) 19,078.298 Dec 2025 monthly Mar 2009 - Dec 2025
    Exports: Food & Live Animals (EUR th) 6,643.392 Dec 2025 monthly Mar 2009 - Dec 2025
    Exports: Manufactured Goods (EUR th) 3,320.534 Dec 2025 monthly Mar 2009 - Dec 2025
    Exports: Crude Materials: excl Fuels (EUR th) 7,715.657 Dec 2025 monthly Mar 2009 - Dec 2025
    Exports: Machinery & Transport Equipment (EUR th) 3,789.538 Dec 2025 monthly Mar 2009 - Dec 2025
    Exports: Mineral Fuels, Lubricants & Related Materials (EUR th) 12,790.874 Dec 2025 monthly Mar 2009 - Dec 2025
    Imports: Europe: CEFTA: Serbia (EUR th) 88,946.272 Dec 2025 monthly Mar 2009 - Dec 2025
    Imports: Europe: EU-28: Greece (EUR th) 9,639.087 Dec 2025 monthly Mar 2009 - Dec 2025
    Imports: Manufactured Goods (EUR th) 71,044.403 Dec 2025 monthly Mar 2009 - Dec 2025
    Imports: Miscellaneous Manufactured Goods (EUR th) 57,667.797 Dec 2025 monthly Mar 2009 - Dec 2025
    Imports: Food & Live Animals (EUR th) 90,146.299 Dec 2025 monthly Mar 2009 - Dec 2025
    Imports: Mineral Fuels, Lubricants & Related Materials (EUR th) 45,246.829 Dec 2025 monthly Mar 2009 - Dec 2025
    Imports: Machinery & Transport Equipment (EUR th) 116,836.229 Dec 2025 monthly Mar 2009 - Dec 2025
    Imports (EUR th) 392,140.299 Dec 2025 monthly Jan 2005 - Dec 2025
    Exports (EUR th) 64,607.450 Dec 2025 monthly Jan 2005 - Dec 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) -1.945 2030 yearly 2001 - 2030
    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: Serbia (EUR) 125,266,558.270 2023 yearly 2002 - 2023
    Foreign Direct Investment: Flow: Russian Federation (EUR) 112,506,571.770 2023 yearly 2001 - 2023
    Foreign Direct Investment: Flow: Italy (EUR) 5,543,222.480 2023 yearly 2001 - 2023
    Foreign Direct Investment: Flow: Slovenia (EUR) 9,478,424.000 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 (%) 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 Dec 2025 monthly Jan 2002 - Dec 2025
    Foreign Exchange Reserves (USD mn) 2,081.3 Dec 2025 monthly Dec 2002 - Dec 2025
    Foreign Exchange Reserves: % of GDP (%) 19.347 Sep 2025 quarterly Dec 2006 - Sep 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) 7,126.573 Dec 2025 monthly Jan 2003 - Dec 2025
    Total Deposits Growth (%) 4.0 Dec 2025 monthly Jan 2004 - Dec 2025
    Domestic Credit (USD mn) 4,697.7 Oct 2025 monthly Jan 2005 - Oct 2025
    Domestic Credit Growth (%) 9.7 Dec 2025 monthly Jan 2006 - Dec 2025
    Household Debt (USD mn) 2,801.6 Dec 2025 monthly Dec 2004 - Dec 2025
    Total Loans (USD mn) 6,207.035 Oct 2025 monthly Jan 2003 - Oct 2025
    Total Loans Growth (%) 14.24 Dec 2025 monthly Jan 2004 - Dec 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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