Debt service on external debt, public and publicly guaranteed (PPG) in Montenegro
Montenegro: Debt service on external debt, public and publicly guaranteed (PPG) was 28,234 TDS, current US$ per square kilometre in 2023. ◆ Volatile
Debt service on external debt, public and publicly guaranteed (PPG) in Montenegro, 2006–2023
Source: Statizoid (derived). Measured in TDS, current US$ per square kilometre.
Analysis
Montenegro recorded 28,234 TDS, current US$ per square kilometre for debt service on external debt, public and publicly guaranteed (ppg) in 2023.
Compared with earlier readings it is down 5.3% on the previous year and up 9.2% over ten years.
Over the whole period, debt service on external debt, public and publicly guaranteed (ppg) in Montenegro peaked at 51,562 TDS, current US$ per square kilometre in 2018 and was at its lowest, 2,985 TDS, current US$ per square kilometre, in 2006.
That places Montenegro 16th out of 121 countries with data for 2023, putting it in the top quarter.
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 square kilometre | Change |
|---|---|---|
| 2006 | 2,985 TDS, current US$ per square kilometre | — |
| 2007 | 10,386 TDS, current US$ per square kilometre | +247.9% |
| 2008 | 3,883 TDS, current US$ per square kilometre | -62.6% |
| 2009 | 3,816 TDS, current US$ per square kilometre | -1.7% |
| 2010 | 6,891 TDS, current US$ per square kilometre | +80.6% |
| 2011 | 14,995 TDS, current US$ per square kilometre | +117.6% |
| 2012 | 18,902 TDS, current US$ per square kilometre | +26.1% |
| 2013 | 25,854 TDS, current US$ per square kilometre | +36.8% |
| 2014 | 20,092 TDS, current US$ per square kilometre | -22.3% |
| 2015 | 35,348 TDS, current US$ per square kilometre | +75.9% |
| 2016 | 34,484 TDS, current US$ per square kilometre | -2.4% |
| 2017 | 21,784 TDS, current US$ per square kilometre | -36.8% |
| 2018 | 51,562 TDS, current US$ per square kilometre | +136.7% |
| 2019 | 40,726 TDS, current US$ per square kilometre | -21.0% |
| 2020 | 46,485 TDS, current US$ per square kilometre | +14.1% |
| 2021 | 41,615 TDS, current US$ per square kilometre | -10.5% |
| 2022 | 29,818 TDS, current US$ per square kilometre | -28.3% |
| 2023 | 28,234 TDS, current US$ per square kilometre | -5.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5,267 TDS, current US$ per square kilometre | 2,985 TDS, current US$ per square kilometre | 10,386 TDS, current US$ per square kilometre | 4 |
| 2010s | 27,064 TDS, current US$ per square kilometre | 6,891 TDS, current US$ per square kilometre | 51,562 TDS, current US$ per square kilometre | 10 |
| 2020s | 36,538 TDS, current US$ per square kilometre | 28,234 TDS, current US$ per square kilometre | 46,485 TDS, current US$ per square kilometre | 4 |
Countries ranked near Montenegro
- 13 Turkey 31,538 TDS, current US$ per square kilometre compare
- 14 Cape Verde 31,057 TDS, current US$ per square kilometre compare
- 15 Serbia 28,508 TDS, current US$ per square kilometre compare
- 17 Jordan 26,713 TDS, current US$ per square kilometre compare
- 18 Armenia 25,232 TDS, current US$ per square kilometre compare
- 19 Sri Lanka 25,016 TDS, current US$ per square kilometre 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 28,234 TDS, current US$ per square kilometre in 2023, 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 51,562 TDS, current US$ per square kilometre in 2018.
- What is the lowest debt service on external debt, public and publicly guaranteed (ppg) recorded in Montenegro?
- The lowest recorded value was 2,985 TDS, current US$ per square kilometre in 2006.
- How does Montenegro rank for debt service on external debt, public and publicly guaranteed (ppg)?
- Montenegro ranks 16th out of 121 countries with data for 2023.
- Is debt service on external debt, public and publicly guaranteed (ppg) rising or falling in Montenegro?
- Over the last ten years it is up 9.2%. 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$), per square kilometre. Statizoid updates them automatically from the source API.
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How this figure is calculated
Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$) divided by Land area (sq. km), 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$) ÷ Land area (sq. km)
Computed from
- Debt service on external debt, public and publicly guaranteed (PPG) International Debt Statistics, World Bank (WB)
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.