Montenegro Reserve Requirement Ratio

2002 - 2026 | Monthly | % | Central Bank of Montenegro

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  • The Foreign Exchange Reserves equaled 4.5 Months of Import in Dec 2025
  • Montenegro Domestic Credit reached 5.0 USD bn in Mar 2026, representing an increase of 10.7 % 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 29.2 % in Dec 2025, accounting for 29.2 % of the country's Nominal GDP
  • View Montenegro's Reserve Requirement Ratio from Jan 2002 to Mar 2026 in the chart:

    Montenegro Reserve Requirement Ratio

    What was Montenegro's Reserve Requirement Ratio in Mar 2026?

    Last Previous Min Max Unit Frequency Range
    5.5 Mar 2026 5.5 Feb 2026 5.5 Mar 2026 80.0 Feb 2002 % monthly Jan 2002 - Mar 2026

    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 Apr 2026 monthly Jan 1999 - Apr 2026
    Azerbaijan (%) 5.0 Mar 2026 monthly May 1993 - Mar 2026
    Bahrain (%) 5.0 Mar 2026 monthly Jan 2008 - Mar 2026
    Bangladesh (%) 4.0 Apr 2026 monthly Oct 1999 - Apr 2026
    Belarus (%) 20.0 May 2026 monthly Jul 1998 - May 2026
    Belgium (%) 1.0 Apr 2026 monthly Jan 1999 - Apr 2026
    Bolivia (%) 8.5 Jan 2026 monthly Jan 2000 - Jan 2026
    Bosnia and Herzegovina (%) 10.0 Mar 2026 monthly Aug 1997 - Mar 2026
    Botswana (%) 0.0 Mar 2026 monthly Feb 2006 - Mar 2026
    Brazil (%) 21.0 Apr 2026 monthly Jul 1994 - Apr 2026
    Brunei (%) 5.0 Apr 2026 monthly Jan 2006 - Apr 2026
    Bulgaria (%) 10.0 Mar 2026 monthly Dec 2004 - Mar 2026
    Cambodia (%) 7.0 Apr 2026 monthly Jan 2008 - Apr 2026
    China (%) 6.2 Apr 2026 monthly Jan 1985 - Apr 2026
    Colombia (%) 8.0 Apr 2026 monthly Jun 2008 - Apr 2026
    Croatia (%) 2.7 Dec 2022 monthly Jan 1993 - Dec 2022
    Cyprus (%) 1.0 Apr 2026 monthly Jan 1999 - Apr 2026
    Czech Republic (%) 4.0 Apr 2026 monthly Aug 1996 - Apr 2026
    Ecuador (%) 2.0 Aug 2022 monthly Dec 2009 - Aug 2022
    Egypt (%) 16.0 Apr 2026 monthly Jan 2012 - Apr 2026
    Estonia (%) 1.0 Apr 2026 monthly Jan 1999 - Apr 2026
    European Union (%) 1.0 Apr 2026 monthly Jan 1999 - Apr 2026
    Finland (%) 1.0 Apr 2026 monthly Jan 1999 - Apr 2026
    France (%) 1.0 Apr 2026 monthly Jan 1999 - Apr 2026
    Georgia (%) 5.0 Apr 2026 monthly Jan 1992 - Apr 2026
    Germany (%) 1.0 Apr 2026 monthly Jan 1999 - Apr 2026
    Greece (%) 1.0 Apr 2026 monthly Jan 1999 - Apr 2026
    Hungary (%) 6.0 May 2026 monthly Mar 1994 - May 2026
    Iceland (%) 3.0 Apr 2026 monthly Jun 1979 - Apr 2026
    India (%) 3.0 Apr 2026 monthly Sep 1962 - Apr 2026
    Indonesia (%) 9.0 Apr 2026 monthly Jan 1997 - Apr 2026
    Iran (%) 10.0 May 2024 monthly Mar 2008 - May 2024
    Ireland (%) 1.0 Apr 2026 monthly Jan 1999 - Apr 2026
    Israel (%) 6.0 Apr 2026 monthly Jan 1995 - Apr 2026
    Italy (%) 1.0 Apr 2026 monthly Jan 1999 - Apr 2026
    Ivory Coast (%) 3.0 Dec 2025 monthly Oct 1993 - Dec 2025
    Japan (%) 0.8 Feb 2026 monthly Oct 1980 - Feb 2026
    Kazakhstan (%) 2.0 Apr 2026 monthly Jun 2015 - Apr 2026
    Kenya (%) 4.3 Mar 2023 monthly Dec 1999 - Mar 2023
    South Korea (%) 7.0 Apr 2026 monthly Nov 1979 - Apr 2026
    Kosovo (%) 10.0 2024 yearly 2001 - 2024
    Kyrgyzstan (%) 9.0 Sep 2015 monthly Jan 2007 - Sep 2015
    Laos (%) 8.0 Apr 2026 monthly Jan 2002 - Apr 2026
    Latvia (%) 1.0 Apr 2026 monthly Jan 1999 - Apr 2026
    Lebanon (%) 25.0 May 2026 monthly Dec 2002 - May 2026
    Lithuania (%) 1.0 Apr 2026 monthly Jan 1999 - Apr 2026
    Luxembourg (%) 1.0 Apr 2026 monthly Jan 1999 - Apr 2026
    North Macedonia (%) 9.0 Mar 2026 monthly Jan 2004 - Mar 2026
    Malawi (%) 10.0 Apr 2026 monthly Jan 2019 - Apr 2026
    Malaysia (%) 1.0 Feb 2026 monthly Jan 1959 - Feb 2026
    Malta (%) 1.0 Apr 2026 monthly Jan 1999 - Apr 2026
    Mauritius (%) 9.0 Apr 2026 monthly Jul 1998 - Apr 2026
    Moldova (%) 18.0 Mar 2026 monthly Jan 2004 - Mar 2026
    Mongolia (%) 14.0 Apr 2026 monthly Jan 2005 - Apr 2026
    Montenegro (%) 5.5 Mar 2026 monthly Jan 2002 - Mar 2026
    Morocco (%) 0.0 Apr 2026 monthly Oct 1990 - Apr 2026
    Mozambique (%) 29.0 May 2026 monthly Aug 2011 - May 2026
    Myanmar (%) 3.8 Apr 2026 monthly May 2011 - Apr 2026
    Nepal (%) 4.0 Mar 2026 monthly Jul 2003 - Mar 2026
    Netherlands (%) 1.0 Apr 2026 monthly Jan 1999 - Apr 2026
    Nigeria (%) 45.0 Apr 2026 monthly Nov 2005 - Apr 2026
    Norway (%) 3.0 Apr 2026 monthly Oct 2011 - Apr 2026
    Oman (%) 5.0 Mar 2026 monthly Jun 2006 - Mar 2026
    Pakistan (%) 5.0 Mar 2026 monthly Jul 2006 - Mar 2026
    Peru (%) 5.5 Apr 2026 monthly Apr 1997 - Apr 2026
    Philippines (%) 5.0 Apr 2026 monthly May 1986 - Apr 2026
    Poland (%) 3.5 Dec 2017 monthly Jan 1993 - Dec 2017
    Portugal (%) 1.0 Apr 2026 monthly Jan 1999 - Apr 2026
    Qatar (%) 3.5 Apr 2026 monthly Jan 2003 - Apr 2026
    Romania (%) 8.0 Apr 2026 monthly Jan 2006 - Apr 2026
    Russia (%) 4.5 Apr 2026 monthly Jul 2004 - Apr 2026
    Saudi Arabia (%) 7.0 Apr 2026 monthly Mar 1980 - Apr 2026
    Serbia (%) 7.0 Apr 2026 monthly Jan 2005 - Apr 2026
    Slovakia (%) 1.0 Jul 2021 monthly Jan 1999 - Jul 2021
    Slovenia (%) 1.0 Apr 2026 monthly Jan 1999 - Apr 2026
    South Africa (%) 2.5 Apr 2026 monthly Feb 1994 - Apr 2026
    Spain (%) 1.0 Apr 2026 monthly Jan 1999 - Apr 2026
    Sri Lanka (%) 2.0 Nov 2025 monthly Mar 1997 - Nov 2025
    Sudan (%) 18.0 Feb 2026 monthly Jan 2003 - Feb 2026
    Taiwan, China (%) 5.0 Nov 2025 monthly Dec 1988 - Nov 2025
    Tajikistan (%) 3.0 Dec 2025 quarterly Mar 2008 - Dec 2025
    Thailand (%) 1.0 Apr 2026 monthly Sep 1997 - Apr 2026
    Tunisia (%) 1.0 Mar 2026 monthly Oct 1964 - Mar 2026
    Turkey (%) 17.0 Apr 2026 monthly Jan 2011 - Apr 2026
    Ukraine (%) 20.0 Jun 2025 monthly Dec 2014 - Jun 2025
    United Arab Emirates (%) 1.0 Apr 2026 monthly Jan 2000 - Apr 2026
    United States (%) 0.0 Apr 2026 monthly Nov 1980 - Apr 2026
    Venezuela (%) 73.0 Apr 2026 monthly Jan 2004 - Apr 2026
    Vietnam (%) 3.0 Apr 2026 monthly Feb 2010 - Apr 2026
    Yemen (%) 7.0 Aug 2015 monthly Jul 1995 - Aug 2015
    Zambia (%) 26.0 Mar 2026 monthly Jan 2004 - Mar 2026

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    Montenegro Key Series

    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: Excises (EUR) 30,174,874.150 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 Revenue: Cons: Taxes: Value Added Tax (EUR) 101,930,830.290 Mar 2026 monthly Jan 2012 - Mar 2026
    General Govt Expenditure: Consolidated (EUR) 323,959,644.680 Mar 2026 monthly Jan 2012 - Mar 2026
    General Govt Revenue: Cons: Taxes (EUR) 229,093,563.000 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 Government Revenue: Consolidated (EUR) 281,567,733.700 Mar 2026 monthly Jan 2012 - Mar 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) -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: CEFTA: Serbia (EUR th) 16,107.277 Mar 2026 monthly Mar 2009 - Mar 2026
    Exports: Europe: EU-28: Slovenia (EUR th) 2,140.101 Mar 2026 monthly Mar 2009 - Mar 2026
    Exports: Food & Live Animals (EUR th) 5,541.696 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: 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
    Imports: Europe: EU-28: Greece (EUR th) 21,927.367 Mar 2026 monthly Mar 2009 - Mar 2026
    Imports: Europe: CEFTA: Serbia (EUR th) 68,246.476 Mar 2026 monthly Mar 2009 - Mar 2026
    Imports: Miscellaneous Manufactured Goods (EUR th) 58,121.767 Mar 2026 monthly Mar 2009 - Mar 2026
    Imports: Food & Live Animals (EUR th) 73,838.088 Mar 2026 monthly Mar 2009 - Mar 2026
    Imports: Manufactured Goods (EUR th) 61,222.682 Mar 2026 monthly Mar 2009 - Mar 2026
    Imports: Machinery & Transport Equipment (EUR th) 105,135.305 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
    Exports (EUR th) 50,589.553 Mar 2026 monthly Jan 2005 - Mar 2026
    Imports (EUR th) 399,027.617 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: Slovenia (EUR) 9,478,424.000 2023 yearly 2001 - 2023
    Foreign Direct Investment: Flow: Switzerland (EUR) 65,139,405.970 2023 yearly 2001 - 2023
    Foreign Direct Investment: Flow: Italy (EUR) 5,543,222.480 2023 yearly 2001 - 2023
    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
    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

    More Indicators for Montenegro

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