Net official development assistance received in Montenegro
Montenegro: Net official development assistance received was 154.84 million current US$ in 2018. ▲ Rising
Net official development assistance received in Montenegro, 2003–2018
Source: Development Assistance Committee of the Organisation for Economic Co-operation and Development, Geographical Distribution of Financial Flows to Developing Countries, Development Co-operation Report, a. Measured in current US$.
Analysis
The most recent figure for net official development assistance received in Montenegro is 154.84 million current US$, measured in 2018. That is the highest value across all 16 years on record.
That represents a change of up 31.4% on the previous year and up 48.2% over ten years.
Over the whole period, net official development assistance received in Montenegro peaked at 154.84 million current US$ in 2018 and was at its lowest, 3.86 million current US$, in 2005.
Montenegro ranks 91st of 170 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 16 years of available data.
Net official development assistance received in Montenegro, year by year
| Year | current US$ | Change |
|---|---|---|
| 2003 | 8.14 million current US$ | — |
| 2004 | 20.13 million current US$ | +147.3% |
| 2005 | 3.86 million current US$ | -80.8% |
| 2006 | 95.59 million current US$ | +2376.4% |
| 2007 | 105.65 million current US$ | +10.5% |
| 2008 | 104.47 million current US$ | -1.1% |
| 2009 | 76.49 million current US$ | -26.8% |
| 2010 | 80.07 million current US$ | +4.7% |
| 2011 | 126.63 million current US$ | +58.1% |
| 2012 | 103.09 million current US$ | -18.6% |
| 2013 | 117.18 million current US$ | +13.7% |
| 2014 | 100.42 million current US$ | -14.3% |
| 2015 | 99.96 million current US$ | -0.5% |
| 2016 | 85.73 million current US$ | -14.2% |
| 2017 | 117.85 million current US$ | +37.5% |
| 2018 | 154.84 million current US$ | +31.4% |
Montenegro compared with similar countries
- Montenegro's 154.84 million current US$ is above the median for upper middle income countries, which is 139.09 million current US$, 1.1× the median. (59 countries reporting)
- Montenegro's 154.84 million current US$ is below the median for Europe & Central Asia, which is 200.43 million current US$, 77% of the median. (22 countries reporting)
Biggest year-on-year movements
Years where Net official development assistance received in Montenegro changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2006 | +2376.4% | 3.86 million current US$ | 95.59 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 59.19 million current US$ | 3.86 million current US$ | 105.65 million current US$ | 7 |
| 2010s | 109.53 million current US$ | 80.07 million current US$ | 154.84 million current US$ | 9 |
Countries ranked near Montenegro
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 net official development assistance received in Montenegro?
- Net official development assistance received in Montenegro was 154.84 million current US$ in 2018, according to Development Assistance Committee of the Organisation for Economic Co-operation and Development, Geographical Distribution of Financial Flows to Developing Countries, Development Co-operation Report, a.
- What is the highest net official development assistance received recorded in Montenegro?
- The highest recorded value was 154.84 million current US$ in 2018.
- What is the lowest net official development assistance received recorded in Montenegro?
- The lowest recorded value was 3.86 million current US$ in 2005.
- How does Montenegro rank for net official development assistance received?
- Montenegro ranks 91st out of 170 countries with data for 2018.
- Is net official development assistance received rising or falling in Montenegro?
- Over the last ten years it is up 48.2%. The long-run trend across the full record is rising.
- Where does this Montenegro data come from?
- The figures come from Development Assistance Committee of the Organisation for Economic Co-operation and Development, Geographical Distribution of Financial Flows to Developing Countries, Development Co-operation Report, a, published as part of Net official development assistance received (current US$). Statizoid updates them automatically from the source API.
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About this data
Net official development assistance (ODA) consists of disbursements of loans made on concessional terms (net of repayments of principal) and grants by official agencies of the members of the Development Assistance Committee (DAC), by multilateral institutions, and by non-DAC countries to promote economic development and welfare in countries and territories in the DAC list of ODA recipients. It includes loans with a grant element of at least 25 percent (calculated at a rate of discount of 10 percent). Data are in current U.S. dollars.