Total debt service in Montenegro
Montenegro: Total debt service was 15.0% in 2024. ◆ Volatile
Total debt service in Montenegro, 2006–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of GNI.
Analysis
Montenegro recorded 15.0% for total debt service in 2024.
That represents a change of up 43.1% on the previous year and up 3.0% over ten years.
Over the whole period, total debt service in Montenegro peaked at 19.5% in 2015 and was at its lowest, 1.5%, in 2008.
That places Montenegro 9th out of 121 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Total debt service in Montenegro, year by year
| Year | % of GNI | Change |
|---|---|---|
| 2006 | 1.5% | — |
| 2007 | 4.5% | +196.0% |
| 2008 | 1.5% | -66.3% |
| 2009 | 1.6% | +7.9% |
| 2010 | 2.3% | +40.8% |
| 2011 | 5.9% | +155.7% |
| 2012 | 7.7% | +30.7% |
| 2013 | 9.4% | +21.3% |
| 2014 | 14.5% | +54.6% |
| 2015 | 19.5% | +33.9% |
| 2016 | 17.8% | -8.5% |
| 2017 | 8.6% | -51.7% |
| 2018 | 16.1% | +87.3% |
| 2019 | 12.8% | -20.6% |
| 2020 | 14.7% | +15.2% |
| 2021 | 18.6% | +26.2% |
| 2022 | 13.1% | -29.6% |
| 2023 | 10.5% | -20.0% |
| 2024 | 15.0% | +43.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.3% | 1.5% | 4.5% | 4 |
| 2010s | 11.5% | 2.3% | 19.5% | 10 |
| 2020s | 14.4% | 10.5% | 18.6% | 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 total debt service in Montenegro?
- Total debt service in Montenegro was 15.0% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest total debt service recorded in Montenegro?
- The highest recorded value was 19.5% in 2015.
- What is the lowest total debt service recorded in Montenegro?
- The lowest recorded value was 1.5% in 2008.
- How does Montenegro rank for total debt service?
- Montenegro ranks 9th out of 121 countries with data for 2024.
- Is total debt service rising or falling in Montenegro?
- Over the last ten years it is up 3.0%. The long-run trend across the full record is volatile.
- Where does this Montenegro data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Total debt service (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Total debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term debt, interest paid on short-term debt, and repayments (repurchases and charges) to the IMF.