Annual broad money growth in Montenegro
Montenegro: Annual broad money growth was 11.97 in 2023. ◆ Volatile
Latest (2023)
11.97
Change on year
down 47.8%
World rank
52nd
of 163 countries
All-time high
119.16
in 2006
All-time low
-10.11
in 2008
Years of data
21
2003–2023
Annual broad money growth in Montenegro, 2003–2023
Source: Our World in Data.
Analysis
Montenegro recorded 11.97 for annual broad money growth in 2023.
Compared with earlier readings it is down 47.8% on the previous year and up 315.6% over ten years.
Over the whole period, annual broad money growth in Montenegro peaked at 119.16 in 2006 and was at its lowest, -10.11, in 2008.
Montenegro ranks 52nd of 163 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual broad money growth in Montenegro, year by year
| Year | Value | Change |
|---|---|---|
| 2003 | 18.66 | — |
| 2004 | 22.49 | +20.5% |
| 2005 | 83.38 | +270.7% |
| 2006 | 119.16 | +42.9% |
| 2007 | 98.84 | -17.1% |
| 2008 | -10.11 | -110.2% |
| 2009 | -8.99 | -11.1% |
| 2010 | 3.23 | -135.9% |
| 2011 | 1.86 | -42.4% |
| 2012 | 7.91 | +325.3% |
| 2013 | 2.88 | -63.6% |
| 2014 | 9.21 | +219.8% |
| 2015 | 11.12 | +20.7% |
| 2016 | 9.16 | -17.6% |
| 2017 | 12.96 | +41.5% |
| 2018 | 3.15 | -75.7% |
| 2019 | -1.67 | -153.0% |
| 2020 | -3.75 | +124.6% |
| 2021 | 15.61 | -516.3% |
| 2022 | 22.95 | +47.0% |
| 2023 | 11.97 | -47.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 46.2 | -10.11 | 119.16 | 7 |
| 2010s | 5.98 | -1.67 | 12.96 | 10 |
| 2020s | 11.7 | -3.75 | 22.95 | 4 |
Countries ranked near Montenegro
- 49 Cambodia 12.54 compare
- 50 Uzbekistan 12.16 compare
- 51 Afghanistan 12.06 compare
- 53 Jamaica 11.86 compare
- 54 Kazakhstan 11.68 compare
- 55 Honduras 11.42 compare
More economy & growth data for Montenegro
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.15 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3 Percent per annum (2029)
- GNI, Atlas method (current US$), annual growth rate 15.75 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.9548 current US$ per US$ of GDP (2025)
- GNI, Atlas method (current US$), per capita 14,148 current US$ per person (2025)
- GNI (current US$), annual growth rate 12.76 % change on previous year (2025)
- GNI (current US$), per unit of GDP 1.01 current US$ per US$ of GDP (2025)
- GNI (current US$), per capita 14,931 current US$ per person (2025)
- GNI (current LCU), annual growth rate 8.01 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 0.8918 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is annual broad money growth in Montenegro?
- Annual broad money growth in Montenegro was 11.97 in 2023, according to Our World in Data.
- What is the highest annual broad money growth recorded in Montenegro?
- The highest recorded value was 119.16 in 2006.
- What is the lowest annual broad money growth recorded in Montenegro?
- The lowest recorded value was -10.11 in 2008.
- How does Montenegro rank for annual broad money growth?
- Montenegro ranks 52nd out of 163 countries with data for 2023.
- Is annual broad money growth rising or falling in Montenegro?
- Over the last ten years it is up 315.6%. The long-run trend across the full record is volatile.
- Where does this Montenegro data come from?
- The figures come from Our World in Data, published as part of Annual broad money growth. Statizoid updates them automatically from the source API.
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