Total reserves minus gold (current US$) in Montenegro
Montenegro: Total reserves minus gold (current US$) was 2.20 billion current US$ in 2025. ◆ Volatile
Total reserves minus gold in Montenegro, 2007–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in current US$.
Analysis
In 2025, total reserves minus gold in Montenegro stood at 2.20 billion current US$. That is the highest value across all 19 years on record.
Compared with earlier readings it is up 26.1% on the previous year and up 222.1% over ten years.
Over the whole period, total reserves minus gold in Montenegro peaked at 2.20 billion current US$ in 2025 and was at its lowest, 392.69 million current US$, in 2011.
Montenegro ranks 126th of 183 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Total reserves minus gold (current US$) in Montenegro, year by year
| Year | current US$ | Change |
|---|---|---|
| 2007 | 688.84 million current US$ | — |
| 2008 | 435.67 million current US$ | -36.8% |
| 2009 | 572.61 million current US$ | +31.4% |
| 2010 | 556.15 million current US$ | -2.9% |
| 2011 | 392.69 million current US$ | -29.4% |
| 2012 | 458.67 million current US$ | +16.8% |
| 2013 | 584.21 million current US$ | +27.4% |
| 2014 | 662.57 million current US$ | +13.4% |
| 2015 | 681.85 million current US$ | +2.9% |
| 2016 | 793.65 million current US$ | +16.4% |
| 2017 | 1.02 billion current US$ | +28.0% |
| 2018 | 1.20 billion current US$ | +18.4% |
| 2019 | 1.53 billion current US$ | +27.2% |
| 2020 | 2.13 billion current US$ | +39.6% |
| 2021 | 1.98 billion current US$ | -7.2% |
| 2022 | 2.04 billion current US$ | +3.0% |
| 2023 | 1.57 billion current US$ | -22.9% |
| 2024 | 1.74 billion current US$ | +10.7% |
| 2025 | 2.20 billion current US$ | +26.1% |
Montenegro compared with similar countries
- Montenegro's 2.20 billion current US$ is below the median for upper middle income countries, which is 6.30 billion current US$, 35% of the median. (57 countries reporting)
- Montenegro's 2.20 billion current US$ is below the median for Europe & Central Asia, which is 13.63 billion current US$, 16% of the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 565.71 million current US$ | 435.67 million current US$ | 688.84 million current US$ | 3 |
| 2010s | 787.74 million current US$ | 392.69 million current US$ | 1.53 billion current US$ | 10 |
| 2020s | 1.94 billion current US$ | 1.57 billion current US$ | 2.20 billion current US$ | 6 |
Countries ranked near Montenegro
- 123 Madagascar 2.78 billion current US$ compare
- 124 Luxembourg 2.74 billion current US$ compare
- 125 Estonia 2.40 billion current US$ compare
- 127 Kyrgyzstan 2.16 billion current US$ compare
- 128 Mauritania 2.04 billion current US$ compare
- 129 Rwanda 1.96 billion current US$ compare
More economy & growth data for Montenegro
- Real gdp growth, annual growth rate -14.66 % change on previous year (2025)
- 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)
- SDRs holdings, US dollar, annual growth rate 4.46 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0103 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 151.96 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.5233 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0075 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 110.96 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -21.12 % change on previous year (2025)
Frequently asked questions
- What is total reserves minus gold in Montenegro?
- Total reserves minus gold in Montenegro was 2.20 billion current US$ in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest total reserves minus gold recorded in Montenegro?
- The highest recorded value was 2.20 billion current US$ in 2025.
- What is the lowest total reserves minus gold recorded in Montenegro?
- The lowest recorded value was 392.69 million current US$ in 2011.
- How does Montenegro rank for total reserves minus gold?
- Montenegro ranks 126th out of 183 countries with data for 2025.
- Is total reserves minus gold 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 minus gold (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
This series includes external assets (excluding 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.