Estonia vs Montenegro: Total reserves minus gold

Estonia
2.40 billion current US$
in 2025
Montenegro
2.20 billion current US$
in 2025
Estonia rank
124th
Montenegro rank
126th

Total reserves minus gold over time

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

How they compare

Estonia currently reports 2.40 billion current US$ against 2.20 billion current US$ in Montenegro, a difference of 207.51 million 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 124th and Montenegro ranks 126th of 181 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 3.73 billion current US$ 565.71 million current US$ 3.17 billion current US$ Estonia
2010s 701.30 million current US$ 787.74 million current US$ 86.44 million current US$ Montenegro
2020s 2.26 billion current US$ 1.94 billion current US$ 317.71 million current US$ Estonia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher total reserves minus gold, Estonia or Montenegro?
Estonia, at 2.40 billion current US$ against 2.20 billion current US$ in Montenegro as of 2025.
What is the difference in total reserves minus gold between Estonia and Montenegro?
207.51 million current US$, with Estonia ahead.
How many years of comparable data are there for Estonia and Montenegro?
19 years are reported by both, from 2007 to 2025.
How do Estonia and Montenegro rank globally for total reserves minus gold?
Estonia ranks 124th and Montenegro ranks 126th of 181 countries.
Where does this data come from?
International Financial Statistics database, International Monetary Fund (IMF), published as Total reserves minus gold (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Estonia vs Montenegro: Total reserves minus gold. Statizoid, drawing on International Financial Statistics database, International Monetary Fund (IMF). Retrieved 27 August 2026, from https://economy.statizoid.com/compare/total-reserves-minus-gold-current-us/estonia/montenegro/

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About this data

Indicator
Total reserves minus gold (current US$)
Unit
current US$
Source
International Financial Statistics database, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
182 places, 9,490 data points, 1960–2025
Last refreshed

This series includes external assets (excluding 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.