Gross debt, General government, Percent of GDP (Gross Percent GDP) in Montenegro
Montenegro: Gross debt, General government, Percent of GDP (Gross Percent GDP) was 64.8 in 2030. ▲ Rising
Latest (2030)
64.8
Change on year
up 2.5%
World rank
64th
of 193 countries
All-time high
108.4
in 2020
All-time low
31.78
in 2007
Years of data
28
2003–2030
Gross debt, General government, Percent of GDP in Montenegro, 2003–2030
Source: International Monetary Fund.
Analysis
In 2030, gross debt, general government, percent of gdp in Montenegro stood at 64.8.
That represents a change of up 2.5% on the previous year and down 40.2% over ten years.
Over the whole period, gross debt, general government, percent of gdp in Montenegro peaked at 108.4 in 2020 and was at its lowest, 31.78, in 2007.
That places Montenegro 64th out of 193 countries with data for 2030, putting it in the middle of the range.
The long-run direction has been consistently rising across the 28 years of available data.
Gross debt, General government, Percent of GDP (Gross Percent GDP) in Montenegro, year by year
| Year | Value | Change |
|---|---|---|
| 2003 | 48.65 | — |
| 2004 | 45.44 | -6.6% |
| 2005 | 38.63 | -15.0% |
| 2006 | 36.75 | -4.9% |
| 2007 | 31.78 | -13.5% |
| 2008 | 34.22 | +7.7% |
| 2009 | 43.86 | +28.2% |
| 2010 | 45.07 | +2.8% |
| 2011 | 48.97 | +8.7% |
| 2012 | 57.09 | +16.6% |
| 2013 | 59.23 | +3.8% |
| 2014 | 63.56 | +7.3% |
| 2015 | 69.51 | +9.4% |
| 2016 | 66.69 | -4.1% |
| 2017 | 66.93 | +0.4% |
| 2018 | 72.86 | +8.9% |
| 2019 | 79.63 | +9.3% |
| 2020 | 108.4 | +36.1% |
| 2021 | 86.18 | -20.5% |
| 2022 | 70.31 | -18.4% |
| 2023 | 59.57 | -15.3% |
| 2024 | 60.76 | +2.0% |
| 2025 | 60.79 | +0.1% |
| 2026 | 61.56 | +1.3% |
| 2027 | 61.72 | +0.3% |
| 2028 | 62.22 | +0.8% |
| 2029 | 63.23 | +1.6% |
| 2030 | 64.8 | +2.5% |
Montenegro compared with similar countries
- Montenegro's 64.8 is above the median for upper middle income countries, which is 56.49, 1.1× the median. (56 countries reporting)
- Montenegro's 64.8 is above the median for Europe & Central Asia, which is 47.87, 1.4× the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 39.9 | 31.78 | 48.65 | 7 |
| 2010s | 62.95 | 45.07 | 79.63 | 10 |
| 2020s | 69.47 | 59.57 | 108.4 | 10 |
| 2030s | 64.8 | 64.8 | 64.8 | 1 |
Countries ranked near Montenegro
More external debt data for Montenegro
- Net financial flows, IBRD -5.24 million NFL, current US$ (2025)
- 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)
- 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, IDA (NFL, current US$), per square kilometre -397.69 NFL, current US$ per square kilometre (2023)
- Use of IMF credit 114.78 million DOD, current US$ (2025)
- External debt stocks, public and publicly guaranteed (PPG) 5.71 billion DOD, current US$ (2025)
- External debt stocks, long-term 10.41 billion DOD, current US$ (2025)
Frequently asked questions
- What is gross debt, general government, percent of gdp in Montenegro?
- Gross debt, general government, percent of gdp in Montenegro was 64.8 in 2030, according to International Monetary Fund.
- What is the highest gross debt, general government, percent of gdp recorded in Montenegro?
- The highest recorded value was 108.4 in 2020.
- What is the lowest gross debt, general government, percent of gdp recorded in Montenegro?
- The lowest recorded value was 31.78 in 2007.
- How does Montenegro rank for gross debt, general government, percent of gdp?
- Montenegro ranks 64th out of 193 countries with data for 2030.
- Is gross debt, general government, percent of gdp rising or falling in Montenegro?
- Over the last ten years it is down 40.2%. The long-run trend across the full record is rising.
- Where does this Montenegro data come from?
- The figures come from International Monetary Fund, published as part of Gross debt, General government, Percent of GDP. Statizoid updates them automatically from the source API.
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About this data
Fiscal Monitor (FM) 2025 October