PPG, official creditors (NFL, US$), per unit of GDP in Montenegro
Montenegro: PPG, official creditors (NFL, US$), per unit of GDP was 0.0119 NFL, US$ per US$ of GDP in 2024. ◆ Volatile
PPG, official creditors (NFL, US$), per unit of GDP in Montenegro, 2006–2024
Source: Statizoid (derived). Measured in NFL, US$ per US$ of GDP.
Analysis
The most recent figure for ppg, official creditors (nfl, us$), per unit of gdp in Montenegro is 0.0119 NFL, US$ per US$ of GDP, measured in 2024.
The figure is up 190.0% on the previous year and up 4,830.3% over ten years.
Over the whole period, ppg, official creditors (nfl, us$), per unit of gdp in Montenegro peaked at 0.0488 NFL, US$ per US$ of GDP in 2011 and was at its lowest, -0.0133 NFL, US$ per US$ of GDP, in 2023.
That places Montenegro 42nd 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.
PPG, official creditors (NFL, US$), per unit of GDP in Montenegro, year by year
| Year | NFL, US$ per US$ of GDP | Change |
|---|---|---|
| 2006 | 0.0219 NFL, US$ per US$ of GDP | — |
| 2007 | -0.0116 NFL, US$ per US$ of GDP | -153.2% |
| 2008 | 0.0069 NFL, US$ per US$ of GDP | -159.4% |
| 2009 | 0.0089 NFL, US$ per US$ of GDP | +29.3% |
| 2010 | 0.0006 NFL, US$ per US$ of GDP | -93.6% |
| 2011 | 0.0488 NFL, US$ per US$ of GDP | +8391.2% |
| 2012 | 0.0342 NFL, US$ per US$ of GDP | -30.0% |
| 2013 | -0.0014 NFL, US$ per US$ of GDP | -104.0% |
| 2014 | -0.0003 NFL, US$ per US$ of GDP | -81.6% |
| 2015 | 0.0361 NFL, US$ per US$ of GDP | -14413.6% |
| 2016 | -0.0024 NFL, US$ per US$ of GDP | -106.6% |
| 2017 | 0.0276 NFL, US$ per US$ of GDP | -1255.0% |
| 2018 | 0.0275 NFL, US$ per US$ of GDP | -0.6% |
| 2019 | 0.0212 NFL, US$ per US$ of GDP | -22.7% |
| 2020 | 0.0124 NFL, US$ per US$ of GDP | -41.6% |
| 2021 | 0.0105 NFL, US$ per US$ of GDP | -14.9% |
| 2022 | -0.0027 NFL, US$ per US$ of GDP | -125.2% |
| 2023 | -0.0133 NFL, US$ per US$ of GDP | +398.8% |
| 2024 | 0.0119 NFL, US$ per US$ of GDP | -190.0% |
Montenegro compared with similar countries
- Montenegro's 0.0119 NFL, US$ per US$ of GDP is above the median for upper middle income countries, which is 0.0035 NFL, US$ per US$ of GDP, 3.4× the median. (52 countries reporting)
- Montenegro's 0.0119 NFL, US$ per US$ of GDP is above the median for Europe & Central Asia, which is 0.0039 NFL, US$ per US$ of GDP, 3.0× the median. (20 countries reporting)
Biggest year-on-year movements
Years where PPG, official creditors (NFL, US$), per unit of GDP in Montenegro changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2015 | +14413.6% | -0.0003 NFL, US$ per US$ of GDP | 0.0361 NFL, US$ per US$ of GDP |
| 2011 | +8391.2% | 0.0006 NFL, US$ per US$ of GDP | 0.0488 NFL, US$ per US$ of GDP |
| 2017 | +1255.0% | -0.0024 NFL, US$ per US$ of GDP | 0.0276 NFL, US$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.0065 NFL, US$ per US$ of GDP | -0.0116 NFL, US$ per US$ of GDP | 0.0219 NFL, US$ per US$ of GDP | 4 |
| 2010s | 0.0192 NFL, US$ per US$ of GDP | -0.0024 NFL, US$ per US$ of GDP | 0.0488 NFL, US$ per US$ of GDP | 10 |
| 2020s | 0.0038 NFL, US$ per US$ of GDP | -0.0133 NFL, US$ per US$ of GDP | 0.0124 NFL, US$ per US$ of GDP | 5 |
Countries ranked near Montenegro
- 39 Côte d'Ivoire 0.0124 NFL, US$ per US$ of GDP compare
- 40 Papua New Guinea 0.0123 NFL, US$ per US$ of GDP compare
- 41 Morocco 0.0122 NFL, US$ per US$ of GDP compare
- 43 Ecuador 0.0114 NFL, US$ per US$ of GDP compare
- 44 Nepal 0.0112 NFL, US$ per US$ of GDP compare
- 45 Ghana 0.0112 NFL, US$ per US$ of GDP 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, official creditors (nfl, us$), per unit of gdp in Montenegro?
- Ppg, official creditors (nfl, us$), per unit of gdp in Montenegro was 0.0119 NFL, US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest ppg, official creditors (nfl, us$), per unit of gdp recorded in Montenegro?
- The highest recorded value was 0.0488 NFL, US$ per US$ of GDP in 2011.
- What is the lowest ppg, official creditors (nfl, us$), per unit of gdp recorded in Montenegro?
- The lowest recorded value was -0.0133 NFL, US$ per US$ of GDP in 2023.
- How does Montenegro rank for ppg, official creditors (nfl, us$), per unit of gdp?
- Montenegro ranks 42nd out of 122 countries with data for 2024.
- Is ppg, official creditors (nfl, us$), per unit of gdp rising or falling in Montenegro?
- Over the last ten years it is up 4,830.3%. 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 PPG, official creditors (NFL, US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
PPG, official creditors (NFL, US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
PPG, official creditors (NFL, US$) ÷ GDP (current US$)
Computed from
- PPG, official creditors International Debt Statistics, World Bank (WB)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
PPG, official creditors (NFL, US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.