Total reserves minus gold in Montenegro
Montenegro: Total reserves minus gold 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$, in 2011.
Montenegro ranks 126th of 182 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Total reserves minus gold in Montenegro, year by year
| Year | current US$ | 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 6.63 billion current US$, 33% of the median. (56 countries reporting)
- Montenegro's 2.20 billion current US$ 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
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 75.12 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0081 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 120.56 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 676.19 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 12.81 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0732 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,085 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 26.12 % change on previous year (2025)
Frequently asked questions
- What is total reserves minus gold in Montenegro?
- Total reserves minus gold in Montenegro was 2.20 billion current US$ 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 182 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.
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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.