Estonia vs Montenegro: Total reserves

Estonia
2.44 billion includes gold, current US$
in 2025
Montenegro
2.20 billion includes gold, current US$
in 2025
Estonia rank
126th
Montenegro rank
129th

Total reserves over time

  • Estonia
  • Montenegro
01.0B2.0B3.0B4.0B199220082025

How they compare

Estonia currently reports 2.44 billion includes gold, current US$ against 2.20 billion includes gold, current US$ in Montenegro, a difference of 242.45 million includes gold, current US$.

That makes Estonia's figure about 1.1 times Montenegro's.

The two have swapped places 2 times across 19 shared years of data; in 2007 it was Estonia ahead.

Estonia ranks 126th and Montenegro ranks 129th of 182 countries.

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

Head to head by decade

Decade Estonia Montenegro Difference Ahead
2000s 3.74 billion includes gold, current US$ 565.71 million includes gold, current US$ 3.17 billion includes gold, current US$ Estonia
2010s 711.96 million includes gold, current US$ 787.74 million includes gold, current US$ 75.78 million includes gold, current US$ Montenegro
2020s 2.28 billion includes gold, current US$ 1.94 billion includes gold, current US$ 337.13 million includes gold, current US$ Estonia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher total reserves, Estonia or Montenegro?
Estonia, at 2.44 billion includes gold, current US$ against 2.20 billion includes gold, current US$ in Montenegro as of 2025.
What is the difference in total reserves between Estonia and Montenegro?
242.45 million includes gold, current US$, with Estonia ahead.
How many years of comparable data are there for Estonia and Montenegro?
19 years are reported by both, from 2007 to 2025.
How do Estonia and Montenegro rank globally for total reserves?
Estonia ranks 126th and Montenegro ranks 129th of 182 countries.
Where does this data come from?
International Financial Statistics database, International Monetary Fund (IMF), published as Total reserves (includes gold, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Estonia vs Montenegro: Total reserves. Statizoid, drawing on International Financial Statistics database, International Monetary Fund (IMF). Retrieved 22 September 2026, from https://economy.statizoid.com/compare/total-reserves-includes-gold-current-us/estonia/montenegro/

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About this data

Indicator
Total reserves (includes gold, current US$)
Unit
includes gold, current US$
Source
International Financial Statistics database, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
183 places, 9,516 data points, 1960–2025
Last refreshed

Reserve assets are external assets, including monetary gold, that are readily available to and controlled by monetary authorities for meeting balance of payments financing needs, for intervention in exchange markets to affect the currency exchange rate, and for other related purposes (such as maintaining confidence in the currency and the economy, and serving as a basis for foreign borrowing). Reserve assets must be denominated and settled in foreign currency. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.