Total reserves minus gold (current US$), per unit of GDP in Montenegro

Montenegro: Total reserves minus gold (current US$), per unit of GDP was 0.2379 current US$ per US$ of GDP in 2025. ▲ Rising

Latest (2025)
0.2379 current US$ per US$ of GDP
Change on year
up 13.0%
World rank
56th
of 181 countries
All-time high
0.4509 current US$ per US$ of GDP
in 2020
All-time low
0.0871 current US$ per US$ of GDP
in 2011
Years of data
19
2007–2025

Total reserves minus gold (current US$), per unit of GDP in Montenegro, 2007–2025

0.10.20.30.40.52007201620252007: 0.187 current US$ per US$ of GDP2008: 0.096 current US$ per US$ of GDP2009: 0.138 current US$ per US$ of GDP2010: 0.134 current US$ per US$ of GDP2011: 0.087 current US$ per US$ of GDP2012: 0.113 current US$ per US$ of GDP2013: 0.132 current US$ per US$ of GDP2014: 0.145 current US$ per US$ of GDP2015: 0.17 current US$ per US$ of GDP2016: 0.182 current US$ per US$ of GDP2017: 0.211 current US$ per US$ of GDP2018: 0.221 current US$ per US$ of GDP2019: 0.279 current US$ per US$ of GDP2020: 0.451 current US$ per US$ of GDP2021: 0.34 current US$ per US$ of GDP2022: 0.326 current US$ per US$ of GDP2023: 0.206 current US$ per US$ of GDP2024: 0.21 current US$ per US$ of GDP2025: 0.238 current US$ per US$ of GDP

Source: Statizoid (derived). Measured in current US$ per US$ of GDP.

Analysis

In 2025, total reserves minus gold (current us$), per unit of gdp in Montenegro stood at 0.2379 current US$ per US$ of GDP.

That represents a change of up 13.0% on the previous year and up 39.9% over ten years.

Over the whole period, total reserves minus gold (current us$), per unit of gdp in Montenegro peaked at 0.4509 current US$ per US$ of GDP in 2020 and was at its lowest, 0.0871 current US$ per US$ of GDP, in 2011.

Montenegro ranks 56th of 181 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 19 years of available data.

Total reserves minus gold (current US$), per unit of GDP in Montenegro, year by year

Annual values for Total reserves minus gold (current US$), per unit of GDP in Montenegro, 2007 to 2025.
Year current US$ per US$ of GDP Change
2007 0.1871 current US$ per US$ of GDP
2008 0.0956 current US$ per US$ of GDP -48.9%
2009 0.1377 current US$ per US$ of GDP +44.1%
2010 0.1344 current US$ per US$ of GDP -2.4%
2011 0.0871 current US$ per US$ of GDP -35.2%
2012 0.1126 current US$ per US$ of GDP +29.3%
2013 0.1321 current US$ per US$ of GDP +17.3%
2014 0.1447 current US$ per US$ of GDP +9.5%
2015 0.17 current US$ per US$ of GDP +17.5%
2016 0.1821 current US$ per US$ of GDP +7.1%
2017 0.2115 current US$ per US$ of GDP +16.1%
2018 0.2213 current US$ per US$ of GDP +4.6%
2019 0.2789 current US$ per US$ of GDP +26.0%
2020 0.4509 current US$ per US$ of GDP +61.7%
2021 0.3403 current US$ per US$ of GDP -24.5%
2022 0.326 current US$ per US$ of GDP -4.2%
2023 0.2059 current US$ per US$ of GDP -36.9%
2024 0.2105 current US$ per US$ of GDP +2.2%
2025 0.2379 current US$ per US$ of GDP +13.0%

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.1401 current US$ per US$ of GDP 0.0956 current US$ per US$ of GDP 0.1871 current US$ per US$ of GDP 3
2010s 0.1675 current US$ per US$ of GDP 0.0871 current US$ per US$ of GDP 0.2789 current US$ per US$ of GDP 10
2020s 0.2953 current US$ per US$ of GDP 0.2059 current US$ per US$ of GDP 0.4509 current US$ per US$ of GDP 6

Countries ranked near Montenegro

  1. 53 Morocco 0.2487 current US$ per US$ of GDP compare
  2. 54 Tajikistan 0.244 current US$ per US$ of GDP compare
  3. 55 Saint Kitts and Nevis 0.2383 current US$ per US$ of GDP compare
  4. 57 Mongolia 0.2329 current US$ per US$ of GDP compare
  5. 58 Dominica 0.2275 current US$ per US$ of GDP compare
  6. 59 Korea 0.2253 current US$ per US$ of GDP compare

See the full ranking of 182 places →

More economy & growth data for Montenegro

All data for Montenegro →

Frequently asked questions

What is total reserves minus gold (current us$), per unit of gdp in Montenegro?
Total reserves minus gold (current us$), per unit of gdp in Montenegro was 0.2379 current US$ per US$ of GDP in 2025, according to Statizoid (derived).
What is the highest total reserves minus gold (current us$), per unit of gdp recorded in Montenegro?
The highest recorded value was 0.4509 current US$ per US$ of GDP in 2020.
What is the lowest total reserves minus gold (current us$), per unit of gdp recorded in Montenegro?
The lowest recorded value was 0.0871 current US$ per US$ of GDP in 2011.
How does Montenegro rank for total reserves minus gold (current us$), per unit of gdp?
Montenegro ranks 56th out of 181 countries with data for 2025.
Is total reserves minus gold (current us$), per unit of gdp rising or falling in Montenegro?
Over the last ten years it is up 39.9%. The long-run trend across the full record is rising.
Where does this Montenegro data come from?
The figures come from Statizoid (derived), published as part of Total reserves minus gold (current US$), per unit of GDP. Statizoid updates them automatically from the source API.

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Total reserves minus gold (current US$), per unit of GDP in Montenegro. Statizoid, drawing on Statizoid (derived). Retrieved 10 September 2026, from https://economy.statizoid.com/stat/total-reserves-minus-gold-current-us-per-unit-of-gdp/montenegro/

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How this figure is calculated

Total reserves minus gold (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Total reserves minus gold (current US$) ÷ GDP (current US$)

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Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Total reserves minus gold (current US$), per unit of GDP
Unit
current US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
182 places, 9,273 data points, 1960–2025
Last refreshed

Total reserves minus gold (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.