Debt service on external debt, public and publicly guaranteed (PPG) in Montenegro
Montenegro: Debt service on external debt, public and publicly guaranteed (PPG) was 0.0551 TDS, current US$ per US$ of GDP in 2024. ◆ Volatile
Debt service on external debt, public and publicly guaranteed (PPG) in Montenegro, 2006–2024
Source: Statizoid (derived). Measured in TDS, current US$ per US$ of GDP.
Analysis
Montenegro recorded 0.0551 TDS, current US$ per US$ of GDP for debt service on external debt, public and publicly guaranteed (ppg) in 2024.
That represents a change of up 11.0% on the previous year and down 6.5% over ten years.
Over the whole period, debt service on external debt, public and publicly guaranteed (ppg) in Montenegro peaked at 0.1321 TDS, current US$ per US$ of GDP in 2020 and was at its lowest, 0.0115 TDS, current US$ per US$ of GDP, in 2008.
That places Montenegro 13th out of 122 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Debt service on external debt, public and publicly guaranteed (PPG) in Montenegro, year by year
| Year | TDS, current US$ per US$ of GDP | Change |
|---|---|---|
| 2006 | 0.0148 TDS, current US$ per US$ of GDP | — |
| 2007 | 0.0379 TDS, current US$ per US$ of GDP | +157.0% |
| 2008 | 0.0115 TDS, current US$ per US$ of GDP | -69.8% |
| 2009 | 0.0123 TDS, current US$ per US$ of GDP | +7.7% |
| 2010 | 0.0224 TDS, current US$ per US$ of GDP | +81.6% |
| 2011 | 0.0447 TDS, current US$ per US$ of GDP | +99.7% |
| 2012 | 0.0624 TDS, current US$ per US$ of GDP | +39.5% |
| 2013 | 0.0786 TDS, current US$ per US$ of GDP | +25.9% |
| 2014 | 0.059 TDS, current US$ per US$ of GDP | -25.0% |
| 2015 | 0.1185 TDS, current US$ per US$ of GDP | +100.9% |
| 2016 | 0.1064 TDS, current US$ per US$ of GDP | -10.2% |
| 2017 | 0.061 TDS, current US$ per US$ of GDP | -42.7% |
| 2018 | 0.1276 TDS, current US$ per US$ of GDP | +109.3% |
| 2019 | 0.0999 TDS, current US$ per US$ of GDP | -21.7% |
| 2020 | 0.1321 TDS, current US$ per US$ of GDP | +32.2% |
| 2021 | 0.0961 TDS, current US$ per US$ of GDP | -27.2% |
| 2022 | 0.0641 TDS, current US$ per US$ of GDP | -33.3% |
| 2023 | 0.0497 TDS, current US$ per US$ of GDP | -22.5% |
| 2024 | 0.0551 TDS, current US$ per US$ of GDP | +11.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.0191 TDS, current US$ per US$ of GDP | 0.0115 TDS, current US$ per US$ of GDP | 0.0379 TDS, current US$ per US$ of GDP | 4 |
| 2010s | 0.0781 TDS, current US$ per US$ of GDP | 0.0224 TDS, current US$ per US$ of GDP | 0.1276 TDS, current US$ per US$ of GDP | 10 |
| 2020s | 0.0794 TDS, current US$ per US$ of GDP | 0.0497 TDS, current US$ per US$ of GDP | 0.1321 TDS, current US$ per US$ of GDP | 5 |
Countries ranked near Montenegro
- 10 Senegal 0.0592 TDS, current US$ per US$ of GDP compare
- 11 Saint Kitts and Nevis 0.0575 TDS, current US$ per US$ of GDP compare
- 12 Mongolia 0.0571 TDS, current US$ per US$ of GDP compare
- 14 Jamaica 0.0509 TDS, current US$ per US$ of GDP compare
- 15 Cote d'Ivoire 0.0499 TDS, current US$ per US$ of GDP compare
- 16 Laos 0.0497 TDS, current US$ per US$ of GDP compare
More external debt data for Montenegro
- IFC, private nonguaranteed -1.95 million NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita -3.13 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP -0.0002 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre -184.67 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 5.5% (2024)
- Net financial flows, IDA -3.33 million NFL, current US$ (2024)
- Net financial flows, IDA (NFL, current US$), per capita -5.34 NFL, current US$ per person (2024)
- Net financial flows, IDA (NFL, current US$), per unit of GDP -0.0004 NFL, current US$ per US$ of GDP (2024)
- Net financial flows, IBRD 78.92 million NFL, current US$ (2024)
- Public and publicly guaranteed debt service 11.0% (2024)
Frequently asked questions
- What is debt service on external debt, public and publicly guaranteed (ppg) in Montenegro?
- Debt service on external debt, public and publicly guaranteed (ppg) in Montenegro was 0.0551 TDS, current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest debt service on external debt, public and publicly guaranteed (ppg) recorded in Montenegro?
- The highest recorded value was 0.1321 TDS, current US$ per US$ of GDP in 2020.
- What is the lowest debt service on external debt, public and publicly guaranteed (ppg) recorded in Montenegro?
- The lowest recorded value was 0.0115 TDS, current US$ per US$ of GDP in 2008.
- How does Montenegro rank for debt service on external debt, public and publicly guaranteed (ppg)?
- Montenegro ranks 13th out of 122 countries with data for 2024.
- Is debt service on external debt, public and publicly guaranteed (ppg) rising or falling in Montenegro?
- Over the last ten years it is down 6.5%. The long-run trend across the full record is volatile.
- Where does this Montenegro data come from?
- The figures come from Statizoid (derived), published as part of Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$) ÷ GDP (current US$)
Computed from
- Debt service on external debt, public and publicly guaranteed (PPG) International Debt Statistics, World Bank (WB)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.