Montenegro Reserve Requirement Ratio

2002 - 2023 | Monthly | % | Central Bank of Montenegro

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  • The Foreign Exchange Reserves equaled 4.5 Months of Import in Aug 2023
  • Montenegro Domestic Credit reached 4.0 USD bn in Dec 2023, representing an increase of 7.4 % YoY
  • The country's Non Performing Loans Ratio stood at 5.2 % in Jul 2023, compared with the ratio of 5.5 % in the previous month
  • Household Debt of Montenegro reached 24.7 % in Sep 2023, accounting for 24.7 % of the country's Nominal GDP
  • View Montenegro's Reserve Requirement Ratio from Jan 2002 to Dec 2023 in the chart:

    Montenegro Reserve Requirement Ratio

    What was Montenegro's Reserve Requirement Ratio in Dec 2023?

    Last Previous Min Max Unit Frequency Range
    5.5 Dec 2023 5.5 Nov 2023 5.5 Dec 2023 80.0 Feb 2002 % monthly Jan 2002 - Dec 2023

    Reserve Requirement Ratio by Country Comparison

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    Includes Reserve Requirement Ratio on 94 economies standardised by CEIC. Instant access to full history data in excel.
    country/region Last Frequency Range
    Algeria (%) 3.0 Sep 2023 monthly Jun 2006 - Sep 2023
    Argentina (%) 42.2 Jan 2024 monthly Apr 1985 - Jan 2024
    Armenia (%) 8.0 2021 yearly 2008 - 2021
    Austria (%) 1.0 Jan 2024 monthly Jan 1999 - Jan 2024
    Azerbaijan (%) 5.0 Feb 2024 monthly May 1993 - Feb 2024
    Bahrain (%) 5.0 Jan 2024 monthly Jan 2008 - Jan 2024
    Bangladesh (%) 4.0 Feb 2024 monthly Oct 1999 - Feb 2024
    Belarus (%) 18.0 Feb 2024 monthly Jul 1998 - Feb 2024
    Belgium (%) 1.0 Jan 2024 monthly Jan 1999 - Jan 2024
    Bolivia (%) 8.5 Oct 2023 monthly Jan 2000 - Oct 2023
    Bosnia and Herzegovina (%) 10.0 Jan 2024 monthly Aug 1997 - Jan 2024
    Botswana (%) 2.5 Feb 2021 monthly Feb 2006 - Feb 2021
    Brazil (%) 21.0 Feb 2024 monthly Jul 1994 - Feb 2024
    Brunei (%) 6.0 Feb 2024 monthly Jan 2006 - Feb 2024
    Bulgaria (%) 10.0 Feb 2024 monthly Dec 2004 - Feb 2024
    Cambodia (%) 8.0 Feb 2024 monthly Jan 2008 - Feb 2024
    China (%) 7.0 Feb 2024 monthly Jan 1985 - Feb 2024
    Colombia (%) 8.0 Feb 2024 monthly Jun 2008 - Feb 2024
    Croatia (%) 2.7 Dec 2022 monthly Jan 1993 - Dec 2022
    Cyprus (%) 1.0 Jan 2024 monthly Jan 1999 - Jan 2024
    Czech Republic (%) 2.0 Feb 2024 monthly Aug 1996 - Feb 2024
    Ecuador (%) 2.0 Aug 2022 monthly Dec 2009 - Aug 2022
    Egypt (%) 18.0 Feb 2024 monthly Jan 2012 - Feb 2024
    Estonia (%) 1.0 Jan 2024 monthly Jan 1999 - Jan 2024
    European Union (%) 1.0 Jan 2024 monthly Jan 1999 - Jan 2024
    Finland (%) 1.0 Jan 2024 monthly Jan 1999 - Jan 2024
    France (%) 1.0 Jan 2024 monthly Jan 1999 - Jan 2024
    Georgia (%) 5.0 Feb 2024 monthly Jan 1992 - Feb 2024
    Germany (%) 1.0 Jan 2024 monthly Jan 1999 - Jan 2024
    Greece (%) 1.0 Jan 2024 monthly Jan 1999 - Jan 2024
    Hungary (%) 10.0 Jan 2024 monthly Mar 1994 - Jan 2024
    Iceland (%) 2.0 Feb 2024 monthly Jun 1979 - Feb 2024
    India (%) 4.5 Feb 2024 monthly Sep 1962 - Feb 2024
    Indonesia (%) 9.0 Feb 2024 monthly Jan 1997 - Feb 2024
    Iran (%) 10.0 Feb 2024 monthly Mar 2008 - Feb 2024
    Ireland (%) 1.0 Jan 2024 monthly Jan 1999 - Jan 2024
    Israel (%) 6.0 Feb 2024 monthly Jan 1995 - Feb 2024
    Italy (%) 1.0 Jan 2024 monthly Jan 1999 - Jan 2024
    Ivory Coast (%) 3.0 Aug 2023 monthly Oct 1993 - Aug 2023
    Japan (%) 0.8 Dec 2023 monthly Oct 1980 - Dec 2023
    Kazakhstan (%) 2.0 Feb 2024 monthly Jun 2015 - Feb 2024
    Kenya (%) 4.3 Mar 2023 monthly Dec 1999 - Mar 2023
    South Korea (%) 7.0 Jan 2024 monthly Nov 1979 - Jan 2024
    Kosovo (%) 10.0 2022 yearly 2001 - 2022
    Kyrgyzstan (%) 9.0 Sep 2015 monthly Jan 2007 - Sep 2015
    Laos (%) 8.0 Feb 2024 monthly Jan 2002 - Feb 2024
    Latvia (%) 1.0 Jan 2024 monthly Jan 1999 - Jan 2024
    Lebanon (%) 25.0 Feb 2024 monthly Dec 2002 - Feb 2024
    Lithuania (%) 1.0 Jan 2024 monthly Jan 1999 - Jan 2024
    Luxembourg (%) 1.0 Jan 2024 monthly Jan 1999 - Jan 2024
    North Macedonia (%) 5.0 Feb 2024 monthly Jan 2004 - Feb 2024
    Malawi (%) 7.8 Jan 2024 monthly Jan 2019 - Jan 2024
    Malaysia (%) 2.0 Jan 2024 monthly Jun 1959 - Jan 2024
    Malta (%) 1.0 Jan 2024 monthly Jan 1999 - Jan 2024
    Mauritius (%) 9.0 Feb 2024 monthly Jul 1998 - Feb 2024
    Moldova (%) 33.0 Jan 2024 monthly Jan 2004 - Jan 2024
    Mongolia (%) 8.0 Feb 2024 monthly Jan 2005 - Feb 2024
    Montenegro (%) 5.5 Dec 2023 monthly Jan 2002 - Dec 2023
    Morocco (%) 0.0 Feb 2024 monthly Oct 1990 - Feb 2024
    Mozambique (%) 39.0 Feb 2024 monthly Aug 2011 - Feb 2024
    Myanmar (%) 3.5 Feb 2024 monthly May 2011 - Feb 2024
    Nepal (%) 4.0 Feb 2024 monthly Jul 2003 - Feb 2024
    Netherlands (%) 1.0 Jan 2024 monthly Jan 1999 - Jan 2024
    Nigeria (%) 45.0 Feb 2024 monthly Nov 2005 - Feb 2024
    Norway (%) 3.5 Feb 2024 monthly Oct 2011 - Feb 2024
    Oman (%) 5.0 Dec 2023 monthly Jun 2006 - Dec 2023
    Pakistan (%) 5.0 Feb 2024 monthly Jul 2006 - Feb 2024
    Peru (%) 6.0 Feb 2024 monthly Apr 1997 - Feb 2024
    Philippines (%) 9.5 Jan 2024 monthly May 1986 - Jan 2024
    Poland (%) 3.5 Dec 2017 monthly Jan 1993 - Dec 2017
    Portugal (%) 1.0 Jan 2024 monthly Jan 1999 - Jan 2024
    Qatar (%) 4.5 Feb 2024 monthly Jan 2003 - Feb 2024
    Romania (%) 8.0 Feb 2024 monthly Jan 2006 - Feb 2024
    Russia (%) 4.5 Feb 2024 monthly Jul 2004 - Feb 2024
    Saudi Arabia (%) 7.0 Feb 2024 monthly Mar 1980 - Feb 2024
    Serbia (%) 7.0 Jan 2024 monthly Jan 2005 - Jan 2024
    Slovakia (%) 1.0 Jul 2021 monthly Jan 1999 - Jul 2021
    Slovenia (%) 1.0 Jan 2024 monthly Jan 1999 - Jan 2024
    South Africa (%) 2.5 Feb 2024 monthly Feb 1994 - Feb 2024
    Spain (%) 1.0 Jan 2024 monthly Jan 1999 - Jan 2024
    Sri Lanka (%) 4.0 Jun 2023 monthly Mar 1997 - Jun 2023
    Sudan (%) 18.0 Feb 2024 monthly Jan 2003 - Feb 2024
    Taiwan (%) 4.5 Feb 2024 monthly Dec 1988 - Feb 2024
    Tajikistan (%) 3.0 Dec 2023 quarterly Mar 2008 - Dec 2023
    Thailand (%) 1.0 Feb 2024 monthly Sep 1997 - Feb 2024
    Tunisia (%) 1.0 Jan 2024 monthly Oct 1964 - Jan 2024
    Turkey (%) 8.0 Feb 2024 monthly Jan 2011 - Feb 2024
    Ukraine (%) 20.0 Sep 2023 monthly Dec 2014 - Sep 2023
    United Arab Emirates (%) 1.0 Feb 2024 monthly Jan 2000 - Feb 2024
    United States (%) 0.0 Feb 2024 monthly Nov 1980 - Feb 2024
    Venezuela (%) 73.0 Feb 2024 monthly Jan 2004 - Feb 2024
    Vietnam (%) 3.0 Feb 2024 monthly Feb 2010 - Feb 2024
    Yemen (%) 7.0 Aug 2015 monthly Jul 1995 - Aug 2015
    Zambia (%) 17.0 Dec 2023 monthly Jan 2004 - Dec 2023

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    Montenegro Key Series

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    Includes 162 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) 255,979,035.020 Dec 2023 monthly Jan 2012 - Dec 2023
    General Govt Revenue: Cons: Taxes: Value Added Tax (EUR) 87,929,424.080 Dec 2023 monthly Jan 2012 - Dec 2023
    General Govt Balance: Consolidated: Deficit or Surplus (EUR) -144,969,510.730 Dec 2023 monthly Jan 2012 - Dec 2023
    General Govt Revenue: Cons: Taxes (EUR) 137,012,115.600 Dec 2023 monthly Jan 2012 - Dec 2023
    General Govt Expenditure: Consolidated (EUR) 400,948,545.750 Dec 2023 monthly Jan 2012 - Dec 2023
    General Govt Revenue: Cons: Taxes: Excises (EUR) 28,494,203.900 Dec 2023 monthly Jan 2012 - Dec 2023
    General Govt Expenditure: Cons: ow Current (EUR) 321,973,336.150 Dec 2023 monthly Jan 2012 - Dec 2023
    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) 0.756 Sep 2023 monthly Jan 2010 - Sep 2023
    Total Imports from USA (USD mn) 4.456 Dec 2023 monthly Jan 2006 - Dec 2023
    Total Exports to China (USD mn) 0.064 Sep 2023 monthly Jan 2010 - Sep 2023
    Total Imports from China (USD mn) 40.025 Dec 2023 monthly Jan 2006 - Dec 2023
    Exports (EUR th) 39,512.254 Sep 2023 monthly Jan 2005 - Sep 2023
    Exports: Machinery & Transport Equipment (EUR th) 2,755.089 Sep 2023 monthly Mar 2009 - Sep 2023
    Exports: Food & Live Animals (EUR th) 4,132.036 Sep 2023 monthly Mar 2009 - Sep 2023
    Exports: Crude Materials: excl Fuels (EUR th) 9,271.644 Sep 2023 monthly Mar 2009 - Sep 2023
    Exports: Mineral Fuels, Lubricants & Related Materials (EUR th) 9,039.979 Sep 2023 monthly Mar 2009 - Sep 2023
    Exports: Manufactured Goods (EUR th) 4,621.309 Sep 2023 monthly Mar 2009 - Sep 2023
    Exports: Europe: CEFTA: Serbia (EUR th) 11,608.897 Sep 2023 monthly Mar 2009 - Sep 2023
    Exports: Europe: EU-28: Slovenia (EUR th) 3,055.071 Sep 2023 monthly Mar 2009 - Sep 2023
    Imports: Miscellaneous Manufactured Goods (EUR th) 49,978.003 Sep 2023 monthly Mar 2009 - Sep 2023
    Imports: Manufactured Goods (EUR th) 58,372.312 Sep 2023 monthly Mar 2009 - Sep 2023
    Imports (EUR th) 345,099.221 Sep 2023 monthly Jan 2005 - Sep 2023
    Imports: Machinery & Transport Equipment (EUR th) 72,725.624 Sep 2023 monthly Mar 2009 - Sep 2023
    Imports: Food & Live Animals (EUR th) 63,956.749 Sep 2023 monthly Mar 2009 - Sep 2023
    Imports: Mineral Fuels, Lubricants & Related Materials (EUR th) 49,674.082 Sep 2023 monthly Mar 2009 - Sep 2023
    Imports: Europe: EU-28: Greece (EUR th) 22,544.386 Sep 2023 monthly Mar 2009 - Sep 2023
    Imports: Europe: CEFTA: Serbia (EUR th) 56,453.887 Sep 2023 monthly Mar 2009 - Sep 2023
    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: 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: 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
    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 Dec 2023 monthly Jan 2002 - Dec 2023
    Foreign Exchange Reserves (USD mn) 1,321.3 Jan 2024 monthly Dec 2002 - Jan 2024
    Foreign Exchange Reserves: % of GDP (%) 19.669 Dec 2023 quarterly Dec 2010 - Dec 2023
    Foreign Exchange Reserves: Months of Import (NA) 4.5 Aug 2023 monthly Jan 2005 - Aug 2023
    Gold Reserves (USD mn) 0.000 Jan 2024 monthly Dec 2002 - Jan 2024
    Total Deposits (USD mn) 5,855.433 Jan 2024 monthly Jan 2003 - Jan 2024
    Total Deposits Growth (%) 3.6 Jan 2024 monthly Jan 2004 - Jan 2024
    Domestic Credit (USD mn) 3,822.0 Jan 2024 monthly Jan 2005 - Jan 2024
    Domestic Credit Growth (%) 7.1 Jan 2024 monthly Jan 2006 - Jan 2024
    Household Debt (USD mn) 1,869.3 Dec 2023 monthly Dec 2004 - Dec 2023
    Total Loans (USD mn) 4,530.112 Dec 2023 monthly Jan 2003 - Dec 2023
    Total Loans Growth (%) 11.89 Dec 2023 monthly Jan 2004 - Dec 2023
    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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