Short-term debt in Montenegro
Montenegro: Short-term debt was 2.7% in 2024. ◆ Volatile
Short-term debt in Montenegro, 2006–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of total external debt.
Analysis
In 2024, short-term debt in Montenegro stood at 2.7%.
The figure is up 36.5% on the previous year and down 35.8% over ten years.
Over the whole period, short-term debt in Montenegro peaked at 51.2% in 2009 and was at its lowest, 0.0%, in 2006.
That places Montenegro 92nd out of 121 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.
Short-term debt in Montenegro, year by year
| Year | % of total external debt | Change |
|---|---|---|
| 2006 | 0.0% | — |
| 2007 | 31.2% | — |
| 2008 | 40.1% | +28.6% |
| 2009 | 51.2% | +27.8% |
| 2010 | 4.1% | -91.9% |
| 2011 | 8.2% | +99.4% |
| 2012 | 8.7% | +5.8% |
| 2013 | 7.0% | -19.8% |
| 2014 | 4.2% | -40.0% |
| 2015 | 3.6% | -12.9% |
| 2016 | 2.8% | -23.9% |
| 2017 | 3.4% | +22.2% |
| 2018 | 2.7% | -21.6% |
| 2019 | 3.4% | +26.3% |
| 2020 | 3.9% | +16.3% |
| 2021 | 4.8% | +23.2% |
| 2022 | 2.4% | -50.1% |
| 2023 | 2.0% | -18.0% |
| 2024 | 2.7% | +36.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 30.6% | 0.0% | 51.2% | 4 |
| 2010s | 4.8% | 2.7% | 8.7% | 10 |
| 2020s | 3.2% | 2.0% | 4.8% | 5 |
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 short-term debt in Montenegro?
- Short-term debt in Montenegro was 2.7% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest short-term debt recorded in Montenegro?
- The highest recorded value was 51.2% in 2009.
- What is the lowest short-term debt recorded in Montenegro?
- The lowest recorded value was 0.0% in 2006.
- How does Montenegro rank for short-term debt?
- Montenegro ranks 92nd out of 121 countries with data for 2024.
- Is short-term debt rising or falling in Montenegro?
- Over the last ten years it is down 35.8%. 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 Short-term debt (% of total external debt). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Total external debt is debt owed to nonresidents repayable in currency, goods, or services. Total external debt is the sum of public, publicly guaranteed, and private nonguaranteed long-term debt, use of IMF credit, and short-term debt.