Total reserves in months of imports in Montenegro
Montenegro: Total reserves in months of imports was 3.47 ratio in 2024. ▲ Rising
Total reserves in months of imports in Montenegro, 2007–2024
Source: International Monetary Fund – processed by Our World in Data. Measured in ratio.
Analysis
In 2024, total reserves in months of imports in Montenegro stood at 3.47 ratio.
The figure is up 2.1% on the previous year and up 30.5% over ten years.
Over the whole period, total reserves in months of imports in Montenegro peaked at 8.1 ratio in 2020 and was at its lowest, 1.18 ratio, in 2008.
Montenegro ranks 103rd of 172 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 18 years of available data.
Total reserves in months of imports in Montenegro, year by year
| Year | ratio | Change |
|---|---|---|
| 2007 | 2.53 ratio | — |
| 2008 | 1.18 ratio | -53.4% |
| 2009 | 2.34 ratio | +98.3% |
| 2010 | 2.38 ratio | +1.7% |
| 2011 | 1.5 ratio | -37.0% |
| 2012 | 1.9 ratio | +26.7% |
| 2013 | 2.39 ratio | +25.8% |
| 2014 | 2.66 ratio | +11.3% |
| 2015 | 3.09 ratio | +16.2% |
| 2016 | 3.16 ratio | +2.3% |
| 2017 | 3.63 ratio | +14.9% |
| 2018 | 3.64 ratio | +0.3% |
| 2019 | 4.73 ratio | +29.9% |
| 2020 | 8.1 ratio | +71.2% |
| 2021 | 6.05 ratio | -25.3% |
| 2022 | 5.02 ratio | -17.0% |
| 2023 | 3.4 ratio | -32.3% |
| 2024 | 3.47 ratio | +2.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.02 ratio | 1.18 ratio | 2.53 ratio | 3 |
| 2010s | 2.91 ratio | 1.5 ratio | 4.73 ratio | 10 |
| 2020s | 5.21 ratio | 3.4 ratio | 8.1 ratio | 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 total reserves in months of imports in Montenegro?
- Total reserves in months of imports in Montenegro was 3.47 ratio in 2024, according to International Monetary Fund – processed by Our World in Data.
- What is the highest total reserves in months of imports recorded in Montenegro?
- The highest recorded value was 8.1 ratio in 2020.
- What is the lowest total reserves in months of imports recorded in Montenegro?
- The lowest recorded value was 1.18 ratio in 2008.
- How does Montenegro rank for total reserves in months of imports?
- Montenegro ranks 103rd out of 172 countries with data for 2024.
- Is total reserves in months of imports rising or falling in Montenegro?
- Over the last ten years it is up 30.5%. The long-run trend across the full record is rising.
- Where does this Montenegro data come from?
- The figures come from International Monetary Fund – processed by Our World in Data, published as part of Total reserves in months of imports. Statizoid updates them automatically from the source API.
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About this data
Total reserves in months of imports (ratio).