Total reserves in Montenegro

Montenegro: Total reserves was 2.20 billion includes gold, current US$ in 2025. ◆ Volatile

Latest (2025)
2.20 billion includes gold, current US$
Change on year
up 26.1%
World rank
129th
of 182 countries
All-time high
2.20 billion includes gold, current US$
in 2025
All-time low
392.69 million includes gold, current US$
in 2011
Years of data
19
2007–2025

Total reserves in Montenegro, 2007–2025

500.0M1.0B1.5B2.0B2007201620252007: 688.8M includes gold, current US$2008: 435.7M includes gold, current US$2009: 572.6M includes gold, current US$2010: 556.2M includes gold, current US$2011: 392.7M includes gold, current US$2012: 458.7M includes gold, current US$2013: 584.2M includes gold, current US$2014: 662.6M includes gold, current US$2015: 681.8M includes gold, current US$2016: 793.7M includes gold, current US$2017: 1.0B includes gold, current US$2018: 1.2B includes gold, current US$2019: 1.5B includes gold, current US$2020: 2.1B includes gold, current US$2021: 2.0B includes gold, current US$2022: 2.0B includes gold, current US$2023: 1.6B includes gold, current US$2024: 1.7B includes gold, current US$2025: 2.2B includes gold, current US$

Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in includes gold, current US$.

Analysis

The most recent figure for total reserves in Montenegro is 2.20 billion includes gold, current US$, measured in 2025. That is the highest value across all 19 years on record.

The figure is up 26.1% on the previous year and up 222.1% over ten years.

Over the whole period, total reserves in Montenegro peaked at 2.20 billion includes gold, current US$ in 2025 and was at its lowest, 392.69 million includes gold, current US$, in 2011.

Montenegro ranks 129th of 182 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.

Total reserves in Montenegro, year by year

Annual values for Total reserves (includes gold, current US$) in Montenegro, 2007 to 2025.
Year includes gold, current US$ Change
2007 688.84 million includes gold, current US$
2008 435.67 million includes gold, current US$ -36.8%
2009 572.61 million includes gold, current US$ +31.4%
2010 556.15 million includes gold, current US$ -2.9%
2011 392.69 million includes gold, current US$ -29.4%
2012 458.67 million includes gold, current US$ +16.8%
2013 584.21 million includes gold, current US$ +27.4%
2014 662.57 million includes gold, current US$ +13.4%
2015 681.85 million includes gold, current US$ +2.9%
2016 793.65 million includes gold, current US$ +16.4%
2017 1.02 billion includes gold, current US$ +28.0%
2018 1.20 billion includes gold, current US$ +18.4%
2019 1.53 billion includes gold, current US$ +27.2%
2020 2.13 billion includes gold, current US$ +39.6%
2021 1.98 billion includes gold, current US$ -7.2%
2022 2.04 billion includes gold, current US$ +3.0%
2023 1.57 billion includes gold, current US$ -22.9%
2024 1.74 billion includes gold, current US$ +10.7%
2025 2.20 billion includes gold, current US$ +26.1%

Montenegro compared with similar countries

  • Montenegro's 2.20 billion includes gold, current US$ is below the median for upper middle income countries, which is 9.01 billion includes gold, current US$, 24% of the median. (56 countries reporting)
  • Montenegro's 2.20 billion includes gold, current US$ is below the median for Europe & Central Asia, which is 23.25 billion includes gold, current US$, 9% of the median. (50 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 565.71 million includes gold, current US$ 435.67 million includes gold, current US$ 688.84 million includes gold, current US$ 3
2010s 787.74 million includes gold, current US$ 392.69 million includes gold, current US$ 1.53 billion includes gold, current US$ 10
2020s 1.94 billion includes gold, current US$ 1.57 billion includes gold, current US$ 2.20 billion includes gold, current US$ 6

Countries ranked near Montenegro

  1. 126 Estonia 2.44 billion includes gold, current US$ compare
  2. 127 Aruba 2.23 billion includes gold, current US$ compare
  3. 128 Laos 2.21 billion includes gold, current US$ compare
  4. 130 Mauritania 2.04 billion includes gold, current US$ compare
  5. 131 Rwanda 1.96 billion includes gold, current US$ compare
  6. 132 Palestine 1.83 billion includes gold, current US$ compare

See the full ranking of 183 places →

More economy & growth data for Montenegro

All data for Montenegro →

Frequently asked questions

What is total reserves in Montenegro?
Total reserves in Montenegro was 2.20 billion includes gold, current US$ in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
What is the highest total reserves recorded in Montenegro?
The highest recorded value was 2.20 billion includes gold, current US$ in 2025.
What is the lowest total reserves recorded in Montenegro?
The lowest recorded value was 392.69 million includes gold, current US$ in 2011.
How does Montenegro rank for total reserves?
Montenegro ranks 129th out of 182 countries with data for 2025.
Is total reserves rising or falling in Montenegro?
Over the last ten years it is up 222.1%. The long-run trend across the full record is volatile.
Where does this Montenegro data come from?
The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Total reserves (includes gold, current US$). Statizoid updates them automatically from the source API.

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Total reserves in Montenegro. Statizoid, drawing on International Financial Statistics database, International Monetary Fund (IMF). Retrieved 22 September 2026, from https://economy.statizoid.com/stat/total-reserves-includes-gold-current-us/montenegro/

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About this data

Indicator
Total reserves (includes gold, current US$)
Unit
includes gold, current US$
Source
International Financial Statistics database, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
183 places, 9,516 data points, 1960–2025
Last refreshed

Reserve assets are external assets, including monetary gold, that are readily available to and controlled by monetary authorities for meeting balance of payments financing needs, for intervention in exchange markets to affect the currency exchange rate, and for other related purposes (such as maintaining confidence in the currency and the economy, and serving as a basis for foreign borrowing). Reserve assets must be denominated and settled in foreign currency. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.