Ghana vs Montenegro: Net flows on external debt, private nonguaranteed (PNG) (NFL, current)

Ghana
784.23 million NFL, current US$
in 2025
Montenegro
821.88 million NFL, current US$
in 2025
Ghana rank
22nd
Montenegro rank
21st

Net flows on external debt, private nonguaranteed (PNG) (NFL, current) over time

  • Ghana
  • Montenegro
-6.0B-4.0B-2.0B02.0B4.0B198520052025

How they compare

Montenegro currently reports 821.88 million NFL, current US$ against 784.23 million NFL, current US$ in Ghana, a difference of 37.65 million NFL, current US$.

The two have swapped places 5 times across 20 shared years of data; in 2006 it was Ghana ahead.

Ghana ranks 22nd and Montenegro ranks 21st of 94 countries.

Across the 3 decades both report, Ghana averaged higher in 1 and Montenegro in 2.

Head to head by decade

Decade Ghana Montenegro Difference Ahead
2000s 1.39 billion NFL, current US$ 1.16 million NFL, current US$ 1.39 billion NFL, current US$ Ghana
2010s 57.32 million NFL, current US$ 176.63 million NFL, current US$ 119.31 million NFL, current US$ Montenegro
2020s -379.48 million NFL, current US$ 47.07 million NFL, current US$ 426.55 million NFL, current US$ Montenegro

Averages of every year both report within each decade.

Frequently asked questions

Which has higher net flows on external debt, private nonguaranteed (png), Ghana or Montenegro?
Montenegro, at 821.88 million NFL, current US$ against 784.23 million NFL, current US$ in Ghana as of 2025.
What is the difference in net flows on external debt, private nonguaranteed (png) between Ghana and Montenegro?
37.65 million NFL, current US$, with Montenegro ahead.
How many years of comparable data are there for Ghana and Montenegro?
20 years are reported by both, from 2006 to 2025.
How do Ghana and Montenegro rank globally for net flows on external debt, private nonguaranteed (png)?
Ghana ranks 22nd and Montenegro ranks 21st of 94 countries.
Where does this data come from?
International Debt Statistics, World Bank (WB), published as Net flows on external debt, private nonguaranteed (PNG) (NFL, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Ghana vs Montenegro: Net flows on external debt, private nonguaranteed (PNG). Statizoid, drawing on International Debt Statistics, World Bank (WB). Retrieved 12 November 2026, from https://debt.statizoid.com/compare/net-flows-on-external-debt-private-nonguaranteed-png-nfl-current-us/ghana/montenegro/

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<a href="https://debt.statizoid.com/compare/net-flows-on-external-debt-private-nonguaranteed-png-nfl-current-us/ghana/montenegro/">Ghana vs Montenegro: Net flows on external debt, private nonguaranteed (PNG)</a> — Statizoid

About this data

Indicator
Net flows on external debt, private nonguaranteed (PNG) (NFL, current US$)
Unit
NFL, current US$
Source
International Debt Statistics, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
107 places, 3,805 data points, 1970–2025
Last refreshed

Private nonguaranteed external debt is an external obligation of a private debtor that is not guaranteed for repayment by a public entity. Net flows (or net lending or net disbursements) received by the borrower during the year are disbursements minus principal repayments. Long-term external debt is defined as debt that has an original or extended maturity of more than one year and that is owed to nonresidents by residents of an economy and repayable in currency, goods, or services. Data are in current U.S. dollars.