Use of IMF credit in Montenegro
Montenegro: Use of IMF credit was 129.02 million DOD, current US$ in 2024. ◆ Volatile
Use of IMF credit in Montenegro, 2006–2024
Source: International Debt Statistics, World Bank (WB). Measured in DOD, current US$.
Analysis
Montenegro recorded 129.02 million DOD, current US$ for use of imf credit in 2024.
The figure is down 25.6% on the previous year and up 244.9% over ten years.
Over the whole period, use of imf credit in Montenegro peaked at 201.97 million DOD, current US$ in 2021 and was at its lowest, 34.71 million DOD, current US$, in 2016.
Montenegro ranks 104th of 123 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Use of IMF credit in Montenegro, year by year
| Year | DOD, current US$ | Change |
|---|---|---|
| 2006 | 38.85 million DOD, current US$ | — |
| 2007 | 40.81 million DOD, current US$ | +5.0% |
| 2008 | 39.77 million DOD, current US$ | -2.5% |
| 2009 | 40.48 million DOD, current US$ | +1.8% |
| 2010 | 39.77 million DOD, current US$ | -1.8% |
| 2011 | 39.64 million DOD, current US$ | -0.3% |
| 2012 | 39.69 million DOD, current US$ | +0.1% |
| 2013 | 39.77 million DOD, current US$ | +0.2% |
| 2014 | 37.41 million DOD, current US$ | -5.9% |
| 2015 | 35.78 million DOD, current US$ | -4.4% |
| 2016 | 34.71 million DOD, current US$ | -3.0% |
| 2017 | 36.77 million DOD, current US$ | +5.9% |
| 2018 | 35.91 million DOD, current US$ | -2.3% |
| 2019 | 35.71 million DOD, current US$ | -0.6% |
| 2020 | 124.33 million DOD, current US$ | +248.2% |
| 2021 | 201.97 million DOD, current US$ | +62.5% |
| 2022 | 192.05 million DOD, current US$ | -4.9% |
| 2023 | 173.32 million DOD, current US$ | -9.8% |
| 2024 | 129.02 million DOD, current US$ | -25.6% |
Montenegro compared with similar countries
- Montenegro's 129.02 million DOD, current US$ is below the median for upper middle income countries, which is 1.00 billion DOD, current US$, 13% of the median. (52 countries reporting)
- Montenegro's 129.02 million DOD, current US$ is below the median for Europe & Central Asia, which is 840.75 million DOD, current US$, 15% of the median. (20 countries reporting)
Biggest year-on-year movements
Years where Use of IMF credit in Montenegro changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2020 | +248.2% | 35.71 million DOD, current US$ | 124.33 million DOD, current US$ |
| 2021 | +62.5% | 124.33 million DOD, current US$ | 201.97 million DOD, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 39.98 million DOD, current US$ | 38.85 million DOD, current US$ | 40.81 million DOD, current US$ | 4 |
| 2010s | 37.52 million DOD, current US$ | 34.71 million DOD, current US$ | 39.77 million DOD, current US$ | 10 |
| 2020s | 164.14 million DOD, current US$ | 124.33 million DOD, current US$ | 201.97 million DOD, current US$ | 5 |
Countries ranked near Montenegro
- 101 Eswatini 199.48 million DOD, current US$ compare
- 102 Laos 198.34 million DOD, current US$ compare
- 103 Lesotho 145.33 million DOD, current US$ compare
- 105 Cape Verde 126.33 million DOD, current US$ compare
- 106 Guinea-Bissau 122.20 million DOD, current US$ compare
- 107 Djibouti 100.99 million 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 use of imf credit in Montenegro?
- Use of imf credit in Montenegro was 129.02 million DOD, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest use of imf credit recorded in Montenegro?
- The highest recorded value was 201.97 million DOD, current US$ in 2021.
- What is the lowest use of imf credit recorded in Montenegro?
- The lowest recorded value was 34.71 million DOD, current US$ in 2016.
- How does Montenegro rank for use of imf credit?
- Montenegro ranks 104th out of 123 countries with data for 2024.
- Is use of imf credit rising or falling in Montenegro?
- Over the last ten years it is up 244.9%. 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 Use of IMF credit (DOD, current US$). Statizoid updates them automatically from the source API.
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About this data
Use of IMF Credit: Data related to the operations of the IMF are provided by the IMF Treasurer’s Department. They are converted from special drawing rights into dollars using end-of-period exchange rates for stocks and average-over-the-period exchange rates for flows. IMF trust fund operations under the Enhanced Structural Adjustment Facility, Extended Fund Facility, Poverty Reduction and Growth Facility, and Structural Adjustment Facility (Enhanced Structural Adjustment Facility in 1999) are presented together with all of the IMF’s special facilities (buffer stock, supplemental reserve, compensatory and contingency facilities, oil facilities, and other facilities). SDR allocations are also included in this category. According to the BPM6, SDR allocations are recorded as the incurrence of a debt liability of the member receiving them (because of a requirement to repay the allocation in certain circumstances, and also because interest accrues). This debt item is introduced for the first time this year with historical data starting in 1999.