Montenegro External Debt

2006 - 2022 | Yearly | USD mn | CEIC Data

Key information about Montenegro External Debt

  • Montenegro External Debt reached 8.8 USD bn in Dec 2022, compared with 9.2 USD bn in the previous year.
  • Montenegro External Debt: USD mn data is updated yearly, available from Dec 2006 to Dec 2022.
  • The data reached an all-time high of 9.5 USD bn in Dec 2020 and a record low of 879.8 USD mn in Dec 2006.

The World Bank provides annual External Debt in USD.


Related information about Montenegro External Debt
  • In the latest reports of Montenegro, Current Account recorded a deficit of 278.9 USD mn in Mar 2023.
  • Foreign Direct Investment (FDI) increased by 85.2 USD mn in Sep 2023.
  • Montenegro Direct Investment Abroad expanded by 26.5 USD mn in Sep 2023.
  • Its Foreign Portfolio Investment fell by 6.3 USD mn in Sep 2023.
  • The country's Nominal GDP was reported at 1.3 USD bn in Mar 2023.

View Montenegro's External Debt from 2006 to 2022 in the chart:

Montenegro External Debt

What was Montenegro's External Debt in 2022?

Montenegro External Debt reached 8.8 USD bn in Dec 2022, compared with 9.2 USD bn in the previous year. See the table below for more data.

Last Previous Min Max Unit Frequency Range
8,815.2 2022 9,235.2 2021 879.8 2006 9,468.5 2020 USD mn yearly 2006 - 2022

External Debt by Country Comparison

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Includes External Debt on 109 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Albania (USD mn) 11,224.8 Dec 2023 quarterly Dec 2003 - Dec 2023
Algeria (USD mn) 3,838.0 Dec 2019 quarterly Mar 2007 - Dec 2019
Argentina (USD mn) 285,951.3 Dec 2023 quarterly Mar 2006 - Dec 2023
Armenia (USD mn) 6,441.3 Feb 2024 monthly Dec 2012 - Feb 2024
Australia (USD mn) 1,958,183.0 Dec 2023 quarterly Sep 1988 - Dec 2023
Austria (USD mn) 744,396.0 Sep 2023 quarterly Mar 1997 - Sep 2023
Azerbaijan (USD mn) 8,135.7 Dec 2021 quarterly Dec 2001 - Dec 2021
Bangladesh (USD mn) 96,549.7 Sep 2023 quarterly Sep 2011 - Sep 2023
Belarus (USD mn) 36,875.3 Dec 2023 quarterly Dec 1995 - Dec 2023
Belgium (USD mn) 1,531,740.1 Dec 2023 quarterly Mar 2007 - Dec 2023
Bolivia (USD mn) 15,544.2 Sep 2023 quarterly Mar 2006 - Sep 2023
Bosnia and Herzegovina (USD mn) 5,020.9 Dec 2023 quarterly Mar 2000 - Dec 2023
Botswana (USD mn) 1,431.8 2023 yearly 1994 - 2023
Brazil (USD mn) 575,357.5 Dec 2022 quarterly Dec 1999 - Dec 2022
Bulgaria (USD mn) 48,805.4 Jan 2024 monthly Jan 1999 - Jan 2024
Cambodia (USD mn) 22,625.6 Dec 2023 quarterly Mar 2010 - Dec 2023
Canada (USD mn) 2,912,639.8 Sep 2023 quarterly Mar 1990 - Sep 2023
Chile (USD mn) 241,658.7 Feb 2024 monthly Dec 1995 - Feb 2024
China (USD mn) 2,447,537.5 Dec 2023 quarterly Jun 2003 - Dec 2023
Colombia (USD mn) 198,034.1 Jan 2024 monthly Jan 2001 - Jan 2024
Croatia (USD mn) 52,854.6 Dec 2022 monthly Dec 1998 - Dec 2022
Cyprus (USD mn) 189,930.8 Dec 2023 quarterly Mar 2008 - Dec 2023
Czech Republic (USD mn) 206,569.6 Dec 2023 quarterly Dec 1993 - Dec 2023
Denmark (USD mn) 540,007.1 Dec 2023 quarterly Dec 2005 - Dec 2023
Ecuador (USD mn) 57,821.2 Jan 2024 monthly Jan 1994 - Jan 2024
Egypt (USD mn) 168,034.0 Dec 2023 quarterly Jun 1997 - Dec 2023
Estonia (USD mn) 37,602.9 Dec 2023 quarterly Mar 1996 - Dec 2023
European Union (USD mn) 17,422,123.8 Dec 2023 quarterly Mar 2008 - Dec 2023
Finland (USD mn) 660,514.2 Dec 2023 quarterly Mar 1991 - Dec 2023
France (USD mn) 7,650,849.8 Dec 2023 quarterly Jun 2004 - Dec 2023
Georgia (USD mn) 23,373.2 Sep 2023 quarterly Dec 1999 - Sep 2023
Germany (USD mn) 6,758,013.6 Dec 2023 quarterly Jun 1999 - Dec 2023
Ghana (USD mn) 29,185.2 Nov 2022 monthly Jan 2012 - Nov 2022
Greece (USD mn) 611,538.4 Dec 2023 quarterly Dec 2003 - Dec 2023
Hong Kong SAR, China (USD mn) 1,838,766.3 Dec 2023 quarterly Mar 2001 - Dec 2023
Hungary (USD mn) 279,807.9 Dec 2023 quarterly Mar 2006 - Dec 2023
Iceland (USD mn) 22,508.6 Dec 2023 quarterly Dec 1989 - Dec 2023
India (USD mn) 648,192.0 Dec 2023 quarterly Sep 1999 - Dec 2023
Indonesia (USD mn) 407,106.7 Dec 2023 monthly Jan 2008 - Dec 2023
Iran (USD mn) 6,281.7 2023 yearly 1994 - 2023
Ireland (USD mn) 3,147,735.2 Dec 2023 quarterly Dec 2002 - Dec 2023
Israel (USD mn) 154,690.5 Dec 2023 quarterly Mar 2011 - Dec 2023
Italy (USD mn) 2,662,299.4 Sep 2023 quarterly Dec 2002 - Sep 2023
Ivory Coast (USD mn) 29,752.4 2021 yearly 1970 - 2021
Japan (USD mn) 4,487,872.6 Dec 2023 quarterly Mar 2003 - Dec 2023
Jordan (USD mn) 41,188.6 Dec 2023 quarterly Dec 2006 - Dec 2023
Kazakhstan (USD mn) 162,697.5 Dec 2023 quarterly Dec 2000 - Dec 2023
Kenya (USD mn) 38,664.5 Dec 2023 monthly Sep 1999 - Dec 2023
South Korea (USD mn) 663,631.1 Dec 2023 quarterly Dec 1994 - Dec 2023
Kosovo (USD mn) 4,256.7 Dec 2023 quarterly Dec 2011 - Dec 2023
Kuwait (USD mn) 59,638.5 Sep 2023 quarterly Mar 2018 - Sep 2023
Kyrgyzstan (USD mn) 9,978.9 Sep 2023 quarterly Dec 2005 - Sep 2023
Laos (USD mn) 10,234.8 2022 yearly 1996 - 2022
Latvia (USD mn) 43,947.1 Dec 2023 quarterly Mar 2000 - Dec 2023
Lebanon (USD mn) 34,577.0 Sep 2023 quarterly Dec 2007 - Sep 2023
Lithuania (USD mn) 54,461.9 Dec 2023 quarterly Dec 1996 - Dec 2023
Luxembourg (USD mn) 3,791,246.5 Dec 2023 quarterly Dec 2002 - Dec 2023
North Macedonia (USD mn) 12,666.2 Dec 2023 quarterly Dec 2005 - Dec 2023
Malawi (MWK mn) 2,812,733.5 2021 yearly 1984 - 2021
Malaysia (USD mn) 270,687.1 Dec 2023 quarterly Mar 2009 - Dec 2023
Malta (USD mn) 200,913.5 Sep 2023 quarterly Mar 2004 - Sep 2023
Mauritius (USD mn) 193,727.0 Dec 2023 quarterly Dec 2009 - Dec 2023
Mexico (USD mn) 447,827.9 Dec 2021 quarterly Mar 2002 - Dec 2021
Moldova (USD mn) 9,763.9 Sep 2023 quarterly Dec 2011 - Sep 2023
Mongolia (USD mn) 34,569.8 Dec 2023 quarterly Mar 2000 - Dec 2023
Montenegro (USD mn) 8,815.2 2022 yearly 2006 - 2022
Morocco (USD mn) 63,124.2 Sep 2022 quarterly Dec 2006 - Sep 2022
Mozambique (USD mn) 10,073.2 2022 yearly 1985 - 2022
Myanmar (USD mn) 12,537.5 2022 yearly 1970 - 2022
Nepal (USD mn) 9,585.8 Sep 2023 quarterly Mar 2012 - Sep 2023
Netherlands (USD mn) 3,871,910.2 Dec 2023 quarterly Jun 2003 - Dec 2023
New Zealand (USD mn) 223,600.4 Dec 2023 quarterly Mar 1993 - Dec 2023
Nigeria (USD mn) 42,495.2 Dec 2023 quarterly Dec 2006 - Dec 2023
Norway (USD mn) 772,516.8 Dec 2023 quarterly Mar 2003 - Dec 2023
Pakistan (USD mn) 131,159.1 Dec 2023 quarterly Jun 2006 - Dec 2023
Palestinian Territory (USD mn) 1,535.0 Dec 2018 monthly Dec 2012 - Dec 2018
Panama (USD mn) 42,844.3 Feb 2024 monthly Jul 2004 - Feb 2024
Paraguay (USD mn) 21,762.3 Sep 2022 quarterly Mar 2008 - Sep 2022
Peru (USD mn) 102,172.1 Dec 2022 quarterly Mar 2012 - Dec 2022
Philippines (USD mn) 125,393.7 Dec 2023 quarterly Mar 2005 - Dec 2023
Poland (USD mn) 426,901.0 Dec 2023 quarterly Mar 1999 - Dec 2023
Portugal (USD mn) 421,999.0 Sep 2023 quarterly Mar 1996 - Sep 2023
Qatar (USD mn) 194,500.0 2018 yearly 2000 - 2018
Romania (USD mn) 169,046.9 Apr 2023 monthly Dec 2004 - Apr 2023
Russia (USD mn) 304,007.0 Mar 2024 quarterly Dec 2000 - Mar 2024
Serbia (USD mn) 50,196.9 Dec 2023 quarterly Mar 2003 - Dec 2023
Singapore (USD mn) 1,995,943.0 Dec 2023 quarterly Jun 2003 - Dec 2023
Slovakia (USD mn) 130,380.1 Dec 2023 quarterly Mar 1993 - Dec 2023
Slovenia (USD mn) 60,664.8 Apr 2023 monthly Jan 2001 - Apr 2023
South Africa (USD mn) 158,081.0 Dec 2023 quarterly Dec 1985 - Dec 2023
Spain (USD mn) 2,676,056.0 Dec 2023 quarterly Mar 1993 - Dec 2023
Sri Lanka (USD mn) 54,831.6 Dec 2023 quarterly Dec 2012 - Dec 2023
Sudan (USD mn) 62,400.0 2021 yearly 2001 - 2021
Sweden (USD mn) 1,041,898.0 Dec 2023 quarterly Mar 1999 - Dec 2023
Switzerland (USD mn) 2,281,043.7 Dec 2023 quarterly Dec 1999 - Dec 2023
Taiwan (USD mn) 206,499.0 Dec 2023 quarterly Jun 1999 - Dec 2023
Tajikistan (USD mn) 6,089.1 Sep 2023 quarterly Jun 2015 - Sep 2023
Thailand (USD mn) 193,212.3 Dec 2023 quarterly Mar 1999 - Dec 2023
Tunisia (USD mn) 40,844.1 Sep 2023 quarterly Dec 2009 - Sep 2023
Turkey (USD mn) 499,885.7 Dec 2023 quarterly Dec 1989 - Dec 2023

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Montenegro Key Series

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Includes 161 key indicators for Montenegro, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) 0.2 Dec 2023 quarterly Dec 2012 - Dec 2023
Consolidated Fiscal Balance (USD mn) -158.147 Dec 2023 monthly Jan 2012 - Dec 2023
Tax Revenue (USD mn) 149.467 Dec 2023 monthly Jan 2012 - Dec 2023
Tax Revenue: % of GDP (%) 22.8 Dec 2023 quarterly Mar 2012 - Dec 2023
National Government Debt (USD mn) 4,219.6 Sep 2023 monthly Dec 2010 - Sep 2023
Government Debt: % of GDP (%) 59.7 Sep 2023 quarterly Dec 2010 - Sep 2023
Forecast: Government Expenditure (EUR bn) 3.984 2028 yearly 2002 - 2028
Forecast: Government Net Debt (EUR bn) 6.698 2028 yearly 2002 - 2028
Forecast: Government Revenue (EUR bn) 3.392 2028 yearly 2002 - 2028
General Government Revenue: Consolidated (EUR) 256,012,257.490 Dec 2023 monthly Jan 2012 - Dec 2023
General Govt Revenue: Cons: Taxes: Excises (EUR) 22,366,846.550 Feb 2024 monthly Jan 2012 - Feb 2024
General Govt Revenue: Cons: Taxes: Value Added Tax (EUR) 81,980,319.980 Feb 2024 monthly Jan 2012 - Feb 2024
General Govt Balance: Consolidated: Deficit or Surplus (EUR) -144,918,956.860 Dec 2023 monthly Jan 2012 - Dec 2023
General Govt Revenue: Cons: Taxes (EUR) 121,308,599.170 Feb 2024 monthly Jan 2012 - Feb 2024
General Govt Expenditure: Cons: ow Current (EUR) 204,638,222.040 Feb 2024 monthly Jan 2012 - Feb 2024
General Govt Expenditure: Consolidated (EUR) 214,470,792.860 Feb 2024 monthly Jan 2012 - Feb 2024
Gross General Government Debt: Domestic (EUR mn) 382.470 Jun 2022 monthly Dec 2010 - Jun 2022
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 1.534 2028 yearly 2003 - 2028
Trade Balance (USD mn) -280.4 Dec 2023 monthly Jan 2005 - Dec 2023
Total Exports (USD mn) 42.2 Sep 2023 monthly Jan 2005 - Sep 2023
Total Exports Growth (%) -25.3 Dec 2023 monthly Jan 2006 - Dec 2023
Aluminum: Exports (USD th) 180,096.808 2022 yearly 2008 - 2022
Exports: Medicament (USD th) 34,801.190 2022 yearly 2008 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 28.151 2022 yearly 2008 - 2022
Total Imports (USD mn) 368.3 Sep 2023 monthly Jan 2005 - Sep 2023
Total Imports Growth (%) 7.0 Dec 2023 monthly Jan 2006 - Dec 2023
Imports: Medicament (USD th) 116,265.339 2022 yearly 2008 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 45,821.508 2022 yearly 2008 - 2022
Total Exports to USA (USD mn) 0.202 Feb 2024 monthly Jan 2010 - Feb 2024
Total Imports from USA (USD mn) 3.134 Feb 2024 monthly Jan 2006 - Feb 2024
Total Exports to China (USD mn) 3.786 Feb 2024 monthly Jan 2010 - Feb 2024
Total Imports from China (USD mn) 43.862 Feb 2024 monthly Jan 2006 - Feb 2024
Exports (EUR th) 39,512.254 Sep 2023 monthly Jan 2005 - Sep 2023
Exports: Machinery & Transport Equipment (EUR th) 20,442.833 Feb 2024 monthly Mar 2009 - Feb 2024
Exports: Mineral Fuels, Lubricants & Related Materials (EUR th) 11,409.210 Feb 2024 monthly Mar 2009 - Feb 2024
Exports: Manufactured Goods (EUR th) 10,205.156 Feb 2024 monthly Mar 2009 - Feb 2024
Exports: Food & Live Animals (EUR th) 3,589.306 Feb 2024 monthly Mar 2009 - Feb 2024
Exports: Crude Materials: excl Fuels (EUR th) 9,713.931 Feb 2024 monthly Mar 2009 - Feb 2024
Exports: Europe: CEFTA: Serbia (EUR th) 17,885.372 Feb 2024 monthly Mar 2009 - Feb 2024
Exports: Europe: EU-28: Slovenia (EUR th) 3,646.741 Feb 2024 monthly Mar 2009 - Feb 2024
Imports: Miscellaneous Manufactured Goods (EUR th) 42,690.952 Feb 2024 monthly Mar 2009 - Feb 2024
Imports: Manufactured Goods (EUR th) 52,319.526 Feb 2024 monthly Mar 2009 - Feb 2024
Imports: Food & Live Animals (EUR th) 55,315.303 Feb 2024 monthly Mar 2009 - Feb 2024
Imports (EUR th) 345,099.221 Sep 2023 monthly Jan 2005 - Sep 2023
Imports: Machinery & Transport Equipment (EUR th) 82,421.680 Feb 2024 monthly Mar 2009 - Feb 2024
Imports: Mineral Fuels, Lubricants & Related Materials (EUR th) 25,790.103 Feb 2024 monthly Mar 2009 - Feb 2024
Imports: Europe: EU-28: Greece (EUR th) 16,962.572 Feb 2024 monthly Mar 2009 - Feb 2024
Imports: Europe: CEFTA: Serbia (EUR th) 47,843.029 Feb 2024 monthly Mar 2009 - Feb 2024
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 27.0 Dec 2023 quarterly Mar 2005 - Dec 2023
Current Account Balance (USD mn) -278.9 Mar 2023 quarterly Mar 2004 - Mar 2023
Current Account Balance: % of GDP (%) -24.1 Dec 2023 quarterly Mar 2010 - Dec 2023
Foreign Direct Investment (USD mn) 150.7 Dec 2023 quarterly Mar 2005 - Dec 2023
Foreign Direct Investment: % of GDP (%) 8.0 Dec 2023 quarterly Mar 2010 - Dec 2023
Foreign Portfolio Investment (USD mn) 2.789 Dec 2023 quarterly Mar 2005 - Dec 2023
Foreign Portfolio Investment: % of GDP (%) 0.1 Dec 2023 quarterly Mar 2010 - Dec 2023
Foreign Portfolio Investment: Equity Securities (USD mn) 119.2 Dec 2023 quarterly Mar 2007 - Dec 2023
Foreign Portfolio Investment: Debt Securities (USD mn) 31.320 Dec 2023 quarterly Mar 2007 - Dec 2023
External Debt (USD mn) 8,815.2 2022 yearly 2006 - 2022
External Debt: % of GDP (%) 141.5 2022 yearly 2006 - 2022
External Debt: Short Term (USD mn) 198.7 2022 yearly 2007 - 2022
External Debt: Short Term: % of GDP (%) 3.2 2022 yearly 2007 - 2022
Forecast: Current Account Balance (USD bn) -1.297 2028 yearly 2001 - 2028
BoP: Current Account: Goods: Export (EUR th) 120,372.138 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: 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
Gross General Government External Debt (EUR mn) 3,613.400 Jun 2023 monthly Dec 2010 - Jun 2023
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 5.2 Jul 2023 monthly Aug 2010 - Jul 2023
Household Debt: % of GDP (%) 24.7 Dec 2023 quarterly Dec 2010 - Dec 2023
Non-Performing Loans (USD mn) 218.559 Nov 2022 monthly Dec 2010 - Nov 2022
M2 Growth (%) 22.9 2022 yearly 2003 - 2022
Reserve Requirement Ratio (%) 5.5 Feb 2024 monthly Jan 2002 - Feb 2024
Foreign Exchange Reserves (USD mn) 1,246.2 Feb 2024 monthly Dec 2002 - Feb 2024
Foreign Exchange Reserves: % of GDP (%) 19.669 Dec 2023 quarterly Dec 2010 - Dec 2023
Foreign Exchange Reserves: Months of Import (NA) 3.8 Feb 2024 monthly Jan 2005 - Feb 2024
Gold Reserves (USD mn) 0.000 Feb 2024 monthly Dec 2002 - Feb 2024
Total Deposits (USD mn) 5,833.846 Feb 2024 monthly Jan 2003 - Feb 2024
Total Deposits Growth (%) 3.2 Feb 2024 monthly Jan 2004 - Feb 2024
Domestic Credit (USD mn) 3,867.8 Feb 2024 monthly Jan 2005 - Feb 2024
Domestic Credit Growth (%) 7.7 Feb 2024 monthly Jan 2006 - Feb 2024
Household Debt (USD mn) 1,858.0 Feb 2024 monthly Dec 2004 - Feb 2024
Total Loans (USD mn) 4,500.728 Feb 2024 monthly Jan 2003 - Feb 2024
Total Loans Growth (%) 9.31 Feb 2024 monthly Jan 2004 - Feb 2024
Private Debt: % of Nominal GDP (%) 43.41 Dec 2023 quarterly Dec 2010 - Dec 2023
Bank Loans: Residents: Households (EUR th) 1,188,990.000 Jun 2018 monthly Jan 2009 - Jun 2018
Bank Loans: Non Performing Loans (EUR th) 200,600.000 Apr 2018 monthly Dec 2010 - Apr 2018
ME: Bank Non-Performing Loans to Total Gross Loans (%) 7.426 2018 yearly 2013 - 2018

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