Grenada vs Montenegro: Current account balance

Grenada
-23.1%
in 2025
Montenegro
-20.4%
in 2025
Grenada rank
194th
Montenegro rank
192nd

Current account balance over time

  • Grenada
  • Montenegro
-40-200197720012025

How they compare

Montenegro currently reports -20.4% against -23.1% in Grenada, a difference of 2.7%.

The two have swapped places 7 times across 19 shared years of data; in 2007 it was Grenada ahead.

Grenada ranks 194th and Montenegro ranks 192nd of 200 countries.

Across the 3 decades both report, Grenada averaged higher in 2 and Montenegro in 1.

Head to head by decade

Decade Grenada Montenegro Difference Ahead
2000s -24.2% -39.0% 14.8% Grenada
2010s -13.3% -15.0% 1.7% Grenada
2020s -18.0% -16.2% 1.8% Montenegro

Averages of every year both report within each decade.

Frequently asked questions

Which has higher current account balance, Grenada or Montenegro?
Montenegro, at -20.4% against -23.1% in Grenada as of 2025.
What is the difference in current account balance between Grenada and Montenegro?
2.7%, with Montenegro ahead.
How many years of comparable data are there for Grenada and Montenegro?
19 years are reported by both, from 2007 to 2025.
How do Grenada and Montenegro rank globally for current account balance?
Grenada ranks 194th and Montenegro ranks 192nd of 200 countries.
Where does this data come from?
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Current account balance (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Grenada vs Montenegro: Current account balance. Statizoid, drawing on Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 09 September 2026, from https://economy.statizoid.com/compare/current-account-balance-percent-of-gdp/grenada/montenegro/

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About this data

Indicator
Current account balance (% of GDP)
Unit
% of GDP
Source
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
200 places, 7,731 data points, 1960–2025
Last refreshed

Balance of current transactions (transactions in goods and services, earned income and transfer income) between residents and non-residents. The term current account balance is used in the external accounts and is expressed from the perspective of resident units. The term current external balance is used in the national accounts and is expressed from the perspective of the non-resident units, and therefore with the opposite sign. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.