Public and publicly guaranteed debt service in Montenegro
Montenegro: Public and publicly guaranteed debt service was 5.5% in 2024. ◆ Volatile
Public and publicly guaranteed debt service in Montenegro, 2006–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of GNI.
Analysis
The most recent figure for public and publicly guaranteed debt service in Montenegro is 5.5%, measured in 2024.
That represents a change of up 12.4% on the previous year and down 5.0% over ten years.
Over the whole period, public and publicly guaranteed debt service in Montenegro peaked at 13.0% in 2020 and was at its lowest, 1.1%, in 2008.
Montenegro ranks 13th of 123 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Public and publicly guaranteed debt service in Montenegro, year by year
| Year | % of GNI | Change |
|---|---|---|
| 2006 | 1.5% | — |
| 2007 | 3.7% | +158.3% |
| 2008 | 1.1% | -69.9% |
| 2009 | 1.2% | +9.1% |
| 2010 | 2.3% | +83.2% |
| 2011 | 4.4% | +96.7% |
| 2012 | 6.1% | +38.3% |
| 2013 | 7.7% | +25.6% |
| 2014 | 5.8% | -24.5% |
| 2015 | 11.6% | +99.1% |
| 2016 | 10.6% | -9.0% |
| 2017 | 6.0% | -43.4% |
| 2018 | 12.6% | +111.1% |
| 2019 | 9.9% | -21.7% |
| 2020 | 13.0% | +31.6% |
| 2021 | 9.4% | -27.6% |
| 2022 | 6.3% | -33.3% |
| 2023 | 4.9% | -21.7% |
| 2024 | 5.5% | +12.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.9% | 1.1% | 3.7% | 4 |
| 2010s | 7.7% | 2.3% | 12.6% | 10 |
| 2020s | 7.8% | 4.9% | 13.0% | 5 |
Countries ranked near Montenegro
- 10 Mauritius 6.2% compare
- 11 Tonga 6.2% compare
- 12 Saint Kitts and Nevis 6.0% compare
- 14 Lao People's Democratic Republic 5.3% compare
- 15 Côte d'Ivoire 5.2% compare
- 16 Jamaica 5.2% 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)
- 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)
- Net financial flows, IDA (NFL, current US$), per square kilometre -397.69 NFL, current US$ per square kilometre (2023)
Frequently asked questions
- What is public and publicly guaranteed debt service in Montenegro?
- Public and publicly guaranteed debt service in Montenegro was 5.5% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest public and publicly guaranteed debt service recorded in Montenegro?
- The highest recorded value was 13.0% in 2020.
- What is the lowest public and publicly guaranteed debt service recorded in Montenegro?
- The lowest recorded value was 1.1% in 2008.
- How does Montenegro rank for public and publicly guaranteed debt service?
- Montenegro ranks 13th out of 123 countries with data for 2024.
- Is public and publicly guaranteed debt service rising or falling in Montenegro?
- Over the last ten years it is down 5.0%. 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 Public and publicly guaranteed debt service (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Public and publicly guaranteed debt service to gross national income. Public and publicly guaranteed debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term obligations of public debtors and long-term private obligations guaranteed by a public entity. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad.