External debt stocks as a proportion of GNI in Montenegro
Montenegro: External debt stocks as a proportion of GNI was 108.6% in 2024. ▲ Rising
External debt stocks as a proportion of GNI in Montenegro, 2006–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2024, external debt stocks as a proportion of gni in Montenegro stood at 108.6%.
The figure is down 4.7% on the previous year and down 25.2% over ten years.
Over the whole period, external debt stocks as a proportion of gni in Montenegro peaked at 217.2% in 2020 and was at its lowest, 31.8%, in 2006.
Montenegro ranks 11th of 129 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 19 years of available data.
External debt stocks as a proportion of GNI in Montenegro, year by year
| Year | % | Change |
|---|---|---|
| 2006 | 31.8% | — |
| 2007 | 34.9% | +9.8% |
| 2008 | 32.6% | -6.7% |
| 2009 | 56.6% | +73.7% |
| 2010 | 109.5% | +93.5% |
| 2011 | 120.6% | +10.2% |
| 2012 | 148.6% | +23.2% |
| 2013 | 162.3% | +9.2% |
| 2014 | 145.2% | -10.5% |
| 2015 | 161.1% | +10.9% |
| 2016 | 142.2% | -11.7% |
| 2017 | 147.1% | +3.5% |
| 2018 | 145.5% | -1.1% |
| 2019 | 150.6% | +3.5% |
| 2020 | 217.2% | +44.2% |
| 2021 | 161.1% | -25.8% |
| 2022 | 138.6% | -14.0% |
| 2023 | 114.0% | -17.8% |
| 2024 | 108.6% | -4.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 39.0% | 31.8% | 56.6% | 4 |
| 2010s | 143.3% | 109.5% | 162.3% | 10 |
| 2020s | 147.9% | 108.6% | 217.2% | 5 |
Countries ranked near Montenegro
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)
- Gross capital formation (constant 2015 US$), annual growth rate 8.03 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1827 constant 2015 US$ per US$ of GDP (2025)
- Gross capital formation (constant 2015 US$), per capita 2,706 constant 2015 US$ per person (2025)
- Imports of goods and services (current US$), annual growth rate 10.77 % change on previous year (2025)
- Imports of goods and services (current US$), per unit of GDP 0.6571 current US$ per US$ of GDP (2025)
- Imports of goods and services (current US$), per capita 9,736 current US$ per person (2025)
- Imports of goods and services (current LCU), annual growth rate 6.1 % change on previous year (2025)
- Imports of goods and services (current LCU), per unit of GDP 0.5815 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is external debt stocks as a proportion of gni in Montenegro?
- External debt stocks as a proportion of gni in Montenegro was 108.6% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest external debt stocks as a proportion of gni recorded in Montenegro?
- The highest recorded value was 217.2% in 2020.
- What is the lowest external debt stocks as a proportion of gni recorded in Montenegro?
- The lowest recorded value was 31.8% in 2006.
- How does Montenegro rank for external debt stocks as a proportion of gni?
- Montenegro ranks 11th out of 129 countries with data for 2024.
- Is external debt stocks as a proportion of gni rising or falling in Montenegro?
- Over the last ten years it is down 25.2%. The long-run trend across the full record is rising.
- Where does this Montenegro data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of External debt stocks as a proportion of GNI (%). Statizoid updates them automatically from the source API.
Download this data
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