Montenegro Short Term Interest Rate

1998 - 2021 | Monthly | % pa | European Money Markets Institute

Key information about Montenegro Short Term Interest Rate

  • Montenegro Short Term Interest Rate: Month End: EURIBOR: 3 Months was reported at -0.57 % pa in Nov 2021, compared with -0.55 % pa in the previous month.
  • Montenegro Short Term Interest Rate data is updated monthly, available from Dec 1998 to Nov 2021.
  • The data reached an all-time high of 5.28 % pa in Sep 2008 and a record low of -0.57 % pa in Nov 2021.
  • Short Term Interest Rate is reported by reported by European Money Markets Institute.

Montenegro adopted the Euro unilaterally, thus complying with the European Central Bank (ECB) monetary policy mechanisms.
  • The cash rate (Policy Rate: Month End: Main Refinancing Operations) was set at 4.50 % pa in Mar 2024.
  • Montenegro Exchange Rate against USD averaged 0.92 (USD/EUR) in Jun 2023.
  • View Montenegro's Short Term Interest Rate from Dec 1998 to Nov 2021 in the chart:

    Montenegro Short Term Interest Rate

    What was Montenegro's Short Term Interest Rate in Nov 2021?

    Montenegro Short Term Interest Rate: Month End: EURIBOR: 3 Months was reported at -0.57 % pa in Nov 2021, compared with -0.55 % pa in the previous month. See the table below for more data.

    Last Previous Min Max Unit Frequency Range
    -0.57 Nov 2021 -0.55 Oct 2021 -0.57 Nov 2021 5.28 Sep 2008 % pa monthly Dec 1998 - Nov 2021

    Short Term Interest Rate by Country Comparison

    country/region Last Frequency Range
    Albania (% pa) 2.60 May 2025 monthly Jan 2002 - May 2025
    Algeria (% pa) 2.25 Oct 2025 monthly Jan 2002 - Oct 2025
    Argentina (% pa) 31.80 Jul 2021 monthly Jan 1999 - Jul 2021
    Armenia (% pa) 10.37 Aug 2023 monthly Jan 2000 - Aug 2023
    Australia (% pa) 3.66 Nov 2025 monthly Jun 1969 - Nov 2025
    Austria (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    Azerbaijan (% pa) 7.50 Mar 2024 monthly Dec 2002 - Mar 2024
    Bahrain (% pa) 4.22 Sep 2025 quarterly Jun 2003 - Sep 2025
    Bangladesh (% pa) 9.46 Oct 2025 monthly Sep 2003 - Oct 2025
    Belarus (% pa) 8.25 Oct 2025 monthly Apr 2003 - Oct 2025
    Belgium (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    Bolivia (% pa) 6.73 Aug 2025 monthly Jan 1998 - Aug 2025
    Botswana (% pa) 10.06 Oct 2025 monthly Jan 2003 - Oct 2025
    Bulgaria (% pa) -0.05 Jun 2018 monthly Feb 2003 - Jun 2018
    Cambodia (% pa) 0.00 Oct 2025 monthly Dec 2016 - Oct 2025
    Canada (% pa) 2.21 Oct 2025 monthly Jan 1993 - Oct 2025
    China (% pa) 1.58 Nov 2025 monthly Oct 2006 - Nov 2025
    Colombia (% pa) 8.67 Oct 2025 monthly Jan 1986 - Oct 2025
    Croatia (% pa) 0.39 Dec 2019 monthly Sep 2002 - Dec 2019
    Cyprus (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    Czech Republic (% pa) 3.56 Nov 2025 monthly Apr 1992 - Nov 2025
    Denmark (% pa) -0.43 Sep 2019 monthly Jun 1988 - Sep 2019
    Ecuador (% pa) 2.71 Nov 2025 monthly Apr 2000 - Nov 2025
    Egypt (% pa) 21.40 Nov 2025 monthly Jan 2001 - Nov 2025
    Estonia (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    European Union (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    Finland (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    France (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    Georgia (% pa) 8.10 Nov 2025 monthly Feb 2008 - Nov 2025
    Germany (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    Ghana (% pa) 14.74 Jun 2025 monthly Aug 1996 - Jun 2025
    Greece (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    Hong Kong SAR, China (% pa) 3.17 Nov 2025 monthly Jul 1996 - Nov 2025
    Hungary (% pa) 6.50 Nov 2025 monthly Aug 1996 - Nov 2025
    Iceland (% pa) 7.59 Nov 2025 monthly Aug 1998 - Nov 2025
    India (% pa) 6.12 Oct 2025 monthly Sep 2015 - Oct 2025
    Indonesia (% pa) 5.46 Nov 2025 monthly Dec 1995 - Nov 2025
    Ireland (% pa) 1.72 Dec 2021 monthly Dec 1998 - Dec 2021
    Israel (% pa) 4.44 Jun 2025 monthly Mar 2007 - Jun 2025
    Italy (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    Japan (% pa) 0.81 Nov 2025 monthly Jan 1997 - Nov 2025
    Jordan (% pa) 6.50 Nov 2025 monthly Aug 2005 - Nov 2025
    Kazakhstan (% pa) 10.50 Nov 2020 monthly Jul 2000 - Nov 2020
    Kenya (% pa) 7.96 Sep 2025 monthly Jul 1991 - Sep 2025
    South Korea (% pa) 2.78 Nov 2025 monthly Jul 2004 - Nov 2025
    Kosovo (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    Kuwait (% pa) 3.81 Nov 2025 monthly Nov 2001 - Nov 2025
    Latvia (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    Lebanon (% pa) 9.44 Sep 2025 monthly Mar 1972 - Sep 2025
    Lithuania (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    Luxembourg (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    Macau SAR, China (% pa) 3.13 Nov 2025 monthly Jun 1988 - Nov 2025
    North Macedonia (% pa) 4.51 May 2025 monthly Jul 2007 - May 2025
    Malawi (% pa) 16.00 Oct 2025 monthly Jan 1983 - Oct 2025
    Malaysia (% pa) 3.26 Nov 2025 monthly Jan 1988 - Nov 2025
    Malta (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    Mauritius (% pa) 4.38 Oct 2025 monthly Apr 1998 - Oct 2025
    Mexico (% pa) 7.66 Nov 2025 monthly Jan 1997 - Nov 2025
    Moldova (% pa) 9.41 Oct 2025 monthly Dec 2005 - Oct 2025
    Montenegro (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    Morocco (% pa) 2.25 Nov 2025 monthly Jan 1995 - Nov 2025
    Mozambique (% pa) 11.80 Sep 2025 monthly Nov 2005 - Sep 2025
    Myanmar (% pa) 4.00 2023 yearly 1986 - 2023
    Nepal (% pa) 2.13 Sep 2025 monthly Feb 1993 - Sep 2025
    Netherlands (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    New Zealand (% pa) 2.45 Nov 2025 monthly Jan 1985 - Nov 2025
    Nigeria (% pa) 24.89 Nov 2025 monthly Jan 2010 - Nov 2025
    Norway (% pa) 1.77 Jan 2020 monthly Jan 1986 - Jan 2020
    Oman (% pa) 0.00 Sep 2025 monthly Jan 2004 - Sep 2025
    Pakistan (% pa) 11.17 Oct 2025 monthly Nov 2004 - Oct 2025
    Panama (% pa) 4.99 Nov 2025 monthly Jan 2006 - Nov 2025
    Philippines (% pa) 4.85 Nov 2025 monthly Jan 1975 - Nov 2025
    Poland (% pa) 4.22 Nov 2025 monthly Jan 1999 - Nov 2025
    Portugal (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    Qatar (% pa) 4.05 Oct 2025 monthly Jul 2004 - Oct 2025
    Romania (% pa) 6.23 Nov 2025 monthly Aug 1995 - Nov 2025
    Russia (% pa) 16.65 Oct 2025 monthly Aug 2000 - Oct 2025
    Saudi Arabia (% pa) 5.21 Oct 2025 monthly Jan 2007 - Oct 2025
    Serbia (% pa) 4.69 Nov 2025 monthly Aug 2005 - Nov 2025
    Singapore (% pa) 3.30 Nov 2024 monthly Oct 1995 - Nov 2024
    Slovakia (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    Slovenia (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    South Africa (% pa) 6.66 Nov 2025 monthly Dec 1980 - Nov 2025
    Spain (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    Sri Lanka (% pa) 6.96 Jun 2020 monthly Jul 2000 - Jun 2020
    Sweden (% pa) 0.03 Jul 2020 monthly Jan 1987 - Jul 2020
    Switzerland (% pa) -0.04 Nov 2025 monthly Jul 1999 - Nov 2025
    Taiwan (% pa) 1.68 Nov 2025 monthly Oct 2005 - Nov 2025
    Thailand (% pa) 1.63 Nov 2025 monthly Jan 2005 - Nov 2025
    Turkey (% pa) 16.01 Jun 2022 monthly Aug 2002 - Jun 2022
    Ukraine (% pa) 4.03 Apr 2025 monthly Jan 2006 - Apr 2025
    United Arab Emirates (% pa) 3.85 Nov 2025 monthly Oct 2009 - Nov 2025
    United Kingdom (% pa) 0.09 Apr 2021 monthly Jan 1986 - Apr 2021
    United States (% pa) 3.73 Nov 2025 monthly Jan 1954 - Nov 2025
    Uruguay (% pa) 8.00 Nov 2025 monthly Sep 2002 - Nov 2025
    Venezuela (% pa) 1.53 Nov 2025 monthly Jan 1998 - Nov 2025
    Vietnam (% pa) 6.91 Nov 2025 monthly Jul 2004 - Nov 2025
    Yemen (% pa) 16.07 Jan 2015 monthly Dec 1995 - Jan 2015
    Zambia (% pa) 11.50 Oct 2025 monthly Jan 2006 - Oct 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) -36.609 Oct 2025 monthly Jan 2012 - Oct 2025
    Tax Revenue (USD mn) 225.489 Oct 2025 monthly Jan 2012 - Oct 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
    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
    General Government Revenue: Consolidated (EUR) 156,245,213.220 Jan 2025 monthly Jan 2012 - Jan 2025
    General Govt Balance: Consolidated: Deficit or Surplus (EUR) 2,068,456.780 Jan 2025 monthly Jan 2012 - Jan 2025
    General Govt Revenue: Cons: Taxes: Excises (EUR) 23,651,764.850 Jan 2025 monthly Jan 2012 - Jan 2025
    General Govt Revenue: Cons: Taxes: Value Added Tax (EUR) 96,606,704.820 Jan 2025 monthly Jan 2012 - Jan 2025
    General Govt Revenue: Cons: Taxes (EUR) 132,702,629.510 Jan 2025 monthly Jan 2012 - Jan 2025
    General Govt Expenditure: Cons: ow Current (EUR) 154,050,948.920 Jan 2025 monthly Jan 2012 - Jan 2025
    General Govt Expenditure: Consolidated (EUR) 154,176,756.440 Jan 2025 monthly Jan 2012 - Jan 2025
    Foreign Trade Last Frequency Range
    Forecast: Exports of Goods Growth (%) 1.534 2028 yearly 2003 - 2028
    Trade Balance (USD mn) -408.7 Oct 2025 monthly Jan 2005 - Oct 2025
    Total Exports (USD mn) 50.8 Oct 2025 monthly Jan 2005 - Oct 2025
    Total Exports Growth (%) -6.5 Oct 2025 monthly Jan 2006 - Oct 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) 459.6 Oct 2025 monthly Jan 2005 - Oct 2025
    Total Imports Growth (%) 9.9 Oct 2025 monthly Jan 2006 - Oct 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) 0.269 Oct 2025 monthly Jan 2010 - Oct 2025
    Total Imports from USA (USD mn) 4.932 Oct 2025 monthly Jan 2006 - Oct 2025
    Total Exports to China (USD mn) 0.137 Oct 2025 monthly Jan 2010 - Oct 2025
    Total Imports from China (USD mn) 59.929 Oct 2025 monthly Jan 2006 - Oct 2025
    Exports: Europe: CEFTA: Serbia (EUR th) 12,962.596 Oct 2025 monthly Mar 2009 - Oct 2025
    Exports: Europe: EU-28: Slovenia (EUR th) 2,704.318 Oct 2025 monthly Mar 2009 - Oct 2025
    Exports: Mineral Fuels, Lubricants & Related Materials (EUR th) 9,719.045 Oct 2025 monthly Mar 2009 - Oct 2025
    Exports: Machinery & Transport Equipment (EUR th) 3,108.579 Oct 2025 monthly Mar 2009 - Oct 2025
    Exports: Food & Live Animals (EUR th) 5,548.692 Oct 2025 monthly Mar 2009 - Oct 2025
    Exports: Crude Materials: excl Fuels (EUR th) 7,978.203 Oct 2025 monthly Mar 2009 - Oct 2025
    Exports: Manufactured Goods (EUR th) 3,662.612 Oct 2025 monthly Mar 2009 - Oct 2025
    Imports: Europe: CEFTA: Serbia (EUR th) 66,438.187 Oct 2025 monthly Mar 2009 - Oct 2025
    Imports: Europe: EU-28: Greece (EUR th) 19,716.042 Oct 2025 monthly Mar 2009 - Oct 2025
    Imports: Miscellaneous Manufactured Goods (EUR th) 55,254.348 Oct 2025 monthly Mar 2009 - Oct 2025
    Imports: Manufactured Goods (EUR th) 62,545.595 Oct 2025 monthly Mar 2009 - Oct 2025
    Imports: Food & Live Animals (EUR th) 65,888.354 Oct 2025 monthly Mar 2009 - Oct 2025
    Imports: Machinery & Transport Equipment (EUR th) 109,137.862 Oct 2025 monthly Mar 2009 - Oct 2025
    Imports: Mineral Fuels, Lubricants & Related Materials (EUR th) 44,482.675 Oct 2025 monthly Mar 2009 - Oct 2025
    Imports (EUR th) 394,783.476 Oct 2025 monthly Jan 2005 - Oct 2025
    Exports (EUR th) 43,675.332 Oct 2025 monthly Jan 2005 - Oct 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) 8,616.5 2023 yearly 2006 - 2023
    External Debt: % of GDP (%) 112.7 2023 yearly 2006 - 2023
    External Debt: Short Term (USD mn) 173.7 2023 yearly 2007 - 2023
    External Debt: Short Term: % of GDP (%) 2.3 2023 yearly 2007 - 2023
    Forecast: Current Account Balance (USD bn) -1.406 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: 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: Serbia (EUR) 125,266,558.270 2023 yearly 2002 - 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 Oct 2025 monthly Jan 2002 - Oct 2025
    Foreign Exchange Reserves (USD mn) 1,671.4 Oct 2025 monthly Dec 2002 - Oct 2025
    Foreign Exchange Reserves: % of GDP (%) 19.347 Sep 2025 quarterly Dec 2006 - Sep 2025
    Foreign Exchange Reserves: Months of Import (NA) 3.6 Oct 2025 monthly Jan 2005 - Oct 2025
    Gold Reserves (USD mn) 0.000 Oct 2025 monthly Dec 2002 - Oct 2025
    Total Deposits (USD mn) 7,013.068 Oct 2025 monthly Jan 2003 - Oct 2025
    Total Deposits Growth (%) 6.9 Oct 2025 monthly Jan 2004 - Oct 2025
    Domestic Credit (USD mn) 4,697.7 Oct 2025 monthly Jan 2005 - Oct 2025
    Domestic Credit Growth (%) 22.0 Oct 2025 monthly Jan 2006 - Oct 2025
    Household Debt (USD mn) 2,677.8 Oct 2025 monthly Dec 2004 - Oct 2025
    Total Loans (USD mn) 6,207.035 Oct 2025 monthly Jan 2003 - Oct 2025
    Total Loans Growth (%) 15.02 Oct 2025 monthly Jan 2004 - Oct 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

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