External debt stocks, public and publicly guaranteed (PPG) (DOD) in Montenegro
Montenegro: External debt stocks, public and publicly guaranteed (PPG) (DOD) was 13.72 % change on previous year in 2024. ◆ Volatile
External debt stocks, public and publicly guaranteed (PPG) (DOD) in Montenegro, 2007–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Montenegro recorded 13.72 % change on previous year for external debt stocks, public and publicly guaranteed (ppg) (dod) in 2024.
Compared with earlier readings it is up 1,825.4% on the previous year and up 625.5% over ten years.
Over the whole period, external debt stocks, public and publicly guaranteed (ppg) (dod) in Montenegro peaked at 33.59 % change on previous year in 2011 and was at its lowest, -11.03 % change on previous year, in 2021.
Montenegro ranks 12th of 122 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
External debt stocks, public and publicly guaranteed (PPG) (DOD) in Montenegro, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2007 | 1.84 % change on previous year | — |
| 2008 | 0.8766 % change on previous year | -52.3% |
| 2009 | 28.56 % change on previous year | +3158.0% |
| 2010 | 23.25 % change on previous year | -18.6% |
| 2011 | 33.59 % change on previous year | +44.4% |
| 2012 | 21.02 % change on previous year | -37.4% |
| 2013 | 11.17 % change on previous year | -46.9% |
| 2014 | -2.61 % change on previous year | -123.4% |
| 2015 | 8.26 % change on previous year | -416.3% |
| 2016 | -5 % change on previous year | -160.5% |
| 2017 | 22.66 % change on previous year | -553.4% |
| 2018 | 15 % change on previous year | -33.8% |
| 2019 | 8.28 % change on previous year | -44.8% |
| 2020 | 30.13 % change on previous year | +264.0% |
| 2021 | -11.03 % change on previous year | -136.6% |
| 2022 | -8.23 % change on previous year | -25.3% |
| 2023 | 0.7124 % change on previous year | -108.7% |
| 2024 | 13.72 % change on previous year | +1825.4% |
Montenegro compared with similar countries
- Montenegro's 13.72 % change on previous year is above the median for upper middle income countries, which is 2.82 % change on previous year, 4.9× the median. (52 countries reporting)
- Montenegro's 13.72 % change on previous year is above the median for Europe & Central Asia, which is 1.4 % change on previous year, 9.8× the median. (20 countries reporting)
Biggest year-on-year movements
Years where External debt stocks, public and publicly guaranteed (PPG) (DOD) in Montenegro changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2009 | +3158.0% | 0.8766 % change on previous year | 28.56 % change on previous year |
| 2024 | +1825.4% | 0.7124 % change on previous year | 13.72 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 10.42 % change on previous year | 0.8766 % change on previous year | 28.56 % change on previous year | 3 |
| 2010s | 13.56 % change on previous year | -5 % change on previous year | 33.59 % change on previous year | 10 |
| 2020s | 5.06 % change on previous year | -11.03 % change on previous year | 30.13 % change on previous year | 5 |
Countries ranked near Montenegro
- 9 Togo 15.62 % change on previous year compare
- 10 Rwanda 15.42 % change on previous year compare
- 11 Nigeria 13.97 % change on previous year compare
- 13 Eswatini 12.1 % change on previous year compare
- 14 Senegal 11.95 % change on previous year compare
- 15 Saint Lucia 11.87 % change on previous year 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 external debt stocks, public and publicly guaranteed (ppg) (dod) in Montenegro?
- External debt stocks, public and publicly guaranteed (ppg) (dod) in Montenegro was 13.72 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest external debt stocks, public and publicly guaranteed (ppg) (dod) recorded in Montenegro?
- The highest recorded value was 33.59 % change on previous year in 2011.
- What is the lowest external debt stocks, public and publicly guaranteed (ppg) (dod) recorded in Montenegro?
- The lowest recorded value was -11.03 % change on previous year in 2021.
- How does Montenegro rank for external debt stocks, public and publicly guaranteed (ppg) (dod)?
- Montenegro ranks 12th out of 122 countries with data for 2024.
- Is external debt stocks, public and publicly guaranteed (ppg) (dod) rising or falling in Montenegro?
- Over the last ten years it is up 625.5%. 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 External debt stocks, public and publicly guaranteed (PPG) (DOD, current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 18 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in External debt stocks, public and publicly guaranteed (PPG) (DOD, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- External debt stocks, public and publicly guaranteed (PPG) International Debt Statistics, World Bank (WB)
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
The year-on-year percentage change in External debt stocks, public and publicly guaranteed (PPG) (DOD, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.