PPG, private creditors (NFL, US$), annual growth rate in Montenegro
Montenegro: PPG, private creditors (NFL, US$), annual growth rate was 113.97 % change on previous year in 2023. ◆ Volatile
PPG, private creditors (NFL, US$), annual growth rate in Montenegro, 2007–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Montenegro recorded 113.97 % change on previous year for ppg, private creditors (nfl, us$), annual growth rate in 2023.
That represents a change of up 109.8% on the previous year and up 573.3% over ten years.
Over the whole period, ppg, private creditors (nfl, us$), annual growth rate in Montenegro peaked at 229.75 % change on previous year in 2018 and was at its lowest, -140.79 % change on previous year, in 2021.
That places Montenegro 20th out of 117 countries with data for 2023, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
PPG, private creditors (NFL, US$), annual growth rate in Montenegro, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2007 | -24.21 % change on previous year | — |
| 2008 | -65.92 % change on previous year | +172.3% |
| 2010 | 77.28 % change on previous year | -217.2% |
| 2011 | -12.91 % change on previous year | -116.7% |
| 2012 | -27.79 % change on previous year | +115.4% |
| 2013 | -24.08 % change on previous year | -13.4% |
| 2014 | 117.98 % change on previous year | -590.0% |
| 2015 | -18.4 % change on previous year | -115.6% |
| 2016 | -82.02 % change on previous year | +345.8% |
| 2017 | 157.31 % change on previous year | -291.8% |
| 2018 | 229.75 % change on previous year | +46.1% |
| 2019 | -45.3 % change on previous year | -119.7% |
| 2020 | 224.04 % change on previous year | -594.6% |
| 2021 | -140.79 % change on previous year | -162.8% |
| 2022 | 54.33 % change on previous year | -138.6% |
| 2023 | 113.97 % change on previous year | +109.8% |
Montenegro compared with similar countries
- Montenegro's 113.97 % change on previous year is above the median for upper middle income countries, which is 21.83 % change on previous year, 5.2× the median. (51 countries reporting)
- Montenegro's 113.97 % change on previous year is above the median for Europe & Central Asia, which is 8.67 % change on previous year, 13.1× the median. (20 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -45.06 % change on previous year | -65.92 % change on previous year | -24.21 % change on previous year | 2 |
| 2010s | 37.18 % change on previous year | -82.02 % change on previous year | 229.75 % change on previous year | 10 |
| 2020s | 62.89 % change on previous year | -140.79 % change on previous year | 224.04 % change on previous year | 4 |
Countries ranked near Montenegro
- 17 Uzbekistan 180.07 % change on previous year compare
- 18 China 145.89 % change on previous year compare
- 19 Angola 127.85 % change on previous year compare
- 21 Burkina Faso 109.8 % change on previous year compare
- 22 Gabon 108.51 % change on previous year compare
- 23 Fiji 100 % change on previous year compare
- 23 Kyrgyzstan 100 % change on previous year
- 23 Eswatini 100 % change on previous year compare
- 23 Syria 100 % change on previous year compare
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 ppg, private creditors (nfl, us$), annual growth rate in Montenegro?
- Ppg, private creditors (nfl, us$), annual growth rate in Montenegro was 113.97 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest ppg, private creditors (nfl, us$), annual growth rate recorded in Montenegro?
- The highest recorded value was 229.75 % change on previous year in 2018.
- What is the lowest ppg, private creditors (nfl, us$), annual growth rate recorded in Montenegro?
- The lowest recorded value was -140.79 % change on previous year in 2021.
- How does Montenegro rank for ppg, private creditors (nfl, us$), annual growth rate?
- Montenegro ranks 20th out of 117 countries with data for 2023.
- Is ppg, private creditors (nfl, us$), annual growth rate rising or falling in Montenegro?
- Over the last ten years it is up 573.3%. 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, private creditors (NFL, US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in PPG, private creditors (NFL, US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- PPG, private creditors 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 PPG, private creditors (NFL, US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.