Short-term debt in Montenegro
Montenegro: Short-term debt was 13.5% in 2024. ◆ Volatile
Short-term debt in Montenegro, 2007–2024
Source: World Development Indicators, World Bank (WB). Measured in % of total reserves.
Analysis
In 2024, short-term debt in Montenegro stood at 13.5%.
The figure is up 24.5% on the previous year and down 68.4% over ten years.
Over the whole period, short-term debt in Montenegro peaked at 210.8% in 2009 and was at its lowest, 10.4%, in 2022.
That places Montenegro 78th out of 111 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Short-term debt in Montenegro, year by year
| Year | % of total reserves | Change |
|---|---|---|
| 2007 | 58.8% | — |
| 2008 | 138.2% | +135.0% |
| 2009 | 210.8% | +52.5% |
| 2010 | 33.4% | -84.1% |
| 2011 | 115.9% | +246.4% |
| 2012 | 117.3% | +1.2% |
| 2013 | 88.3% | -24.7% |
| 2014 | 42.7% | -51.6% |
| 2015 | 35.7% | -16.4% |
| 2016 | 22.0% | -38.5% |
| 2017 | 24.4% | +10.9% |
| 2018 | 17.9% | -26.4% |
| 2019 | 18.5% | +3.4% |
| 2020 | 19.3% | +3.9% |
| 2021 | 23.4% | +21.5% |
| 2022 | 10.4% | -55.7% |
| 2023 | 10.9% | +4.7% |
| 2024 | 13.5% | +24.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 135.9% | 58.8% | 210.8% | 3 |
| 2010s | 51.6% | 17.9% | 117.3% | 10 |
| 2020s | 15.5% | 10.4% | 23.4% | 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)
- Manufacturing, value added (constant LCU), per capita 285.57 constant LCU per person (2024)
- Industry (including construction), value added (current US$), annual 3.1 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.1125 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 1,667 current US$ per person (2025)
- Industry (including construction), value added (current LCU), annual -1.24 % change on previous year (2025)
- Industry (including construction), value added (current LCU), per 0.0996 current LCU per US$ of GDP (2025)
- Industry (including construction), value added (current LCU), per 1,476 current LCU per person (2025)
- Industry (including construction), value added (constant 2015 US$) -3.24 % change on previous year (2025)
Frequently asked questions
- What is short-term debt in Montenegro?
- Short-term debt in Montenegro was 13.5% in 2024, according to World Development Indicators, World Bank (WB).
- What is the highest short-term debt recorded in Montenegro?
- The highest recorded value was 210.8% in 2009.
- What is the lowest short-term debt recorded in Montenegro?
- The lowest recorded value was 10.4% in 2022.
- How does Montenegro rank for short-term debt?
- Montenegro ranks 78th out of 111 countries with data for 2024.
- Is short-term debt rising or falling in Montenegro?
- Over the last ten years it is down 68.4%. The long-run trend across the full record is volatile.
- Where does this Montenegro data come from?
- The figures come from World Development Indicators, World Bank (WB), published as part of Short-term debt (% of total reserves). Statizoid updates them automatically from the source API.
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About this data
Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Total reserves includes gold.