PPG, IDA in Montenegro
Montenegro: PPG, IDA was 3.85 million DOD, current US$ in 2024. ◆ Volatile
PPG, IDA in Montenegro, 2006–2024
Source: International Debt Statistics, World Bank (WB). Measured in DOD, current US$.
Analysis
In 2024, ppg, ida in Montenegro stood at 3.85 million DOD, current US$. That is the lowest value across all 19 years on record.
Compared with earlier readings it is down 47.6% on the previous year and down 94.9% over ten years.
Over the whole period, ppg, ida in Montenegro peaked at 85.95 million DOD, current US$ in 2012 and was at its lowest, 3.85 million DOD, current US$, in 2024.
That places Montenegro 89th out of 105 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
PPG, IDA in Montenegro, year by year
| Year | DOD, current US$ | Change |
|---|---|---|
| 2006 | 47.18 million DOD, current US$ | — |
| 2007 | 55.99 million DOD, current US$ | +18.7% |
| 2008 | 70.75 million DOD, current US$ | +26.4% |
| 2009 | 75.16 million DOD, current US$ | +6.2% |
| 2010 | 79.41 million DOD, current US$ | +5.7% |
| 2011 | 83.32 million DOD, current US$ | +4.9% |
| 2012 | 85.95 million DOD, current US$ | +3.2% |
| 2013 | 84.58 million DOD, current US$ | -1.6% |
| 2014 | 74.89 million DOD, current US$ | -11.5% |
| 2015 | 65.29 million DOD, current US$ | -12.8% |
| 2016 | 57.19 million DOD, current US$ | -12.4% |
| 2017 | 53.23 million DOD, current US$ | -6.9% |
| 2018 | 43.99 million DOD, current US$ | -17.4% |
| 2019 | 35.78 million DOD, current US$ | -18.7% |
| 2020 | 28.99 million DOD, current US$ | -19.0% |
| 2021 | 20.13 million DOD, current US$ | -30.6% |
| 2022 | 12.63 million DOD, current US$ | -37.3% |
| 2023 | 7.35 million DOD, current US$ | -41.8% |
| 2024 | 3.85 million DOD, current US$ | -47.6% |
Montenegro compared with similar countries
- Montenegro's 3.85 million DOD, current US$ is below the median for upper middle income countries, which is 126.84 million DOD, current US$, 3% of the median. (36 countries reporting)
- Montenegro's 3.85 million DOD, current US$ is below the median for Europe & Central Asia, which is 353.88 million DOD, current US$, 1% of the median. (14 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 62.27 million DOD, current US$ | 47.18 million DOD, current US$ | 75.16 million DOD, current US$ | 4 |
| 2010s | 66.36 million DOD, current US$ | 35.78 million DOD, current US$ | 85.95 million DOD, current US$ | 10 |
| 2020s | 14.59 million DOD, current US$ | 3.85 million DOD, current US$ | 28.99 million DOD, current US$ | 5 |
Countries ranked near Montenegro
- 86 Serbia 9.97 million DOD, current US$ compare
- 87 Sao Tome and Principe 8.97 million DOD, current US$ compare
- 88 Philippines 8.88 million DOD, current US$ compare
- 90 China 1.42 million DOD, current US$ compare
- 91 Saint Kitts and Nevis 1.29 million DOD, current US$ compare
- 92 El Salvador 360,000 DOD, 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 ppg, ida in Montenegro?
- Ppg, ida in Montenegro was 3.85 million DOD, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest ppg, ida recorded in Montenegro?
- The highest recorded value was 85.95 million DOD, current US$ in 2012.
- What is the lowest ppg, ida recorded in Montenegro?
- The lowest recorded value was 3.85 million DOD, current US$ in 2024.
- How does Montenegro rank for ppg, ida?
- Montenegro ranks 89th out of 105 countries with data for 2024.
- Is ppg, ida rising or falling in Montenegro?
- Over the last ten years it is down 94.9%. 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 PPG, IDA (DOD, current US$). Statizoid updates them automatically from the source API.
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About this data
Public and publicly guaranteed debt outstanding from the International Development Association (IDA) is concessional. Concessional debt is defined as loans with an original grant element of 35 percent or more. The grant element of a loan is the grant equivalent expressed as a percentage of the amount committed. It is used as a measure of the overall cost of borrowing. The grant equivalent of a loan is its commitment (present) value, less the discounted present value of its contractual debt service; conventionally, future service payments are discounted at 5 percent. Data are in current U.S. dollars.