Debt service on external debt, total in Montenegro
Montenegro: Debt service on external debt, total was 1.24 billion TDS, current US$ in 2024. ◆ Volatile
Debt service on external debt, total in Montenegro, 2006–2024
Source: International Debt Statistics, World Bank (WB). Measured in TDS, current US$.
Analysis
Montenegro recorded 1.24 billion TDS, current US$ for debt service on external debt, total in 2024. That is the highest value across all 19 years on record.
The figure is up 53.0% on the previous year and up 83.2% over ten years.
Over the whole period, debt service on external debt, total in Montenegro peaked at 1.24 billion TDS, current US$ in 2024 and was at its lowest, 42.32 million TDS, current US$, in 2006.
That places Montenegro 62nd out of 122 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Debt service on external debt, total in Montenegro, year by year
| Year | TDS, current US$ | Change |
|---|---|---|
| 2006 | 42.32 million TDS, current US$ | — |
| 2007 | 168.75 million TDS, current US$ | +298.7% |
| 2008 | 70.60 million TDS, current US$ | -58.2% |
| 2009 | 68.62 million TDS, current US$ | -2.8% |
| 2010 | 95.24 million TDS, current US$ | +38.8% |
| 2011 | 269.32 million TDS, current US$ | +182.8% |
| 2012 | 320.90 million TDS, current US$ | +19.1% |
| 2013 | 423.84 million TDS, current US$ | +32.1% |
| 2014 | 674.51 million TDS, current US$ | +59.1% |
| 2015 | 798.01 million TDS, current US$ | +18.3% |
| 2016 | 782.97 million TDS, current US$ | -1.9% |
| 2017 | 421.73 million TDS, current US$ | -46.1% |
| 2018 | 885.48 million TDS, current US$ | +110.0% |
| 2019 | 708.92 million TDS, current US$ | -19.9% |
| 2020 | 708.29 million TDS, current US$ | -0.1% |
| 2021 | 1.10 billion TDS, current US$ | +56.0% |
| 2022 | 835.93 million TDS, current US$ | -24.3% |
| 2023 | 807.76 million TDS, current US$ | -3.4% |
| 2024 | 1.24 billion TDS, current US$ | +53.0% |
Montenegro compared with similar countries
- Montenegro's 1.24 billion TDS, current US$ is below the median for upper middle income countries, which is 2.21 billion TDS, current US$, 56% of the median. (52 countries reporting)
- Montenegro's 1.24 billion TDS, current US$ is below the median for Europe & Central Asia, which is 3.00 billion TDS, current US$, 41% of the median. (20 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 87.57 million TDS, current US$ | 42.32 million TDS, current US$ | 168.75 million TDS, current US$ | 4 |
| 2010s | 538.09 million TDS, current US$ | 95.24 million TDS, current US$ | 885.48 million TDS, current US$ | 10 |
| 2020s | 938.50 million TDS, current US$ | 708.29 million TDS, current US$ | 1.24 billion TDS, current US$ | 5 |
Countries ranked near Montenegro
- 59 Bosnia and Herzegovina 1.46 billion TDS, current US$ compare
- 60 Zimbabwe 1.42 billion TDS, current US$ compare
- 61 Ethiopia 1.36 billion TDS, current US$ compare
- 63 Benin 1.14 billion TDS, current US$ compare
- 64 Moldova 1.14 billion TDS, current US$ compare
- 65 Gabon 1.12 billion TDS, current US$ 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, total in Montenegro?
- Debt service on external debt, total in Montenegro was 1.24 billion TDS, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest debt service on external debt, total recorded in Montenegro?
- The highest recorded value was 1.24 billion TDS, current US$ in 2024.
- What is the lowest debt service on external debt, total recorded in Montenegro?
- The lowest recorded value was 42.32 million TDS, current US$ in 2006.
- How does Montenegro rank for debt service on external debt, total?
- Montenegro ranks 62nd out of 122 countries with data for 2024.
- Is debt service on external debt, total rising or falling in Montenegro?
- Over the last ten years it is up 83.2%. The long-run trend across the full record is volatile.
- Where does this Montenegro data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Debt service on external debt, total (TDS, current US$). Statizoid updates them automatically from the source API.
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About this data
Total debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term debt, interest paid on short-term debt, and repayments (repurchases and charges) to the IMF. Data are in current U.S. dollars.