Montenegro vs Norway: Broad money
Broad money over time
- Montenegro
- Norway
How they compare
Norway currently reports 59.3% against 58.4% in Montenegro, a difference of 0.9%.
The two have swapped places 6 times across 23 shared years of data; in 2002 it was Norway ahead.
Montenegro ranks 89th and Norway ranks 88th of 167 countries.
Norway has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Montenegro | Norway | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 33.4% | 55.7% | 22.3% | Norway |
| 2010s | 53.7% | 59.1% | 5.5% | Norway |
| 2020s | 58.1% | 61.5% | 3.4% | Norway |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher broad money, Montenegro or Norway?
- Norway, at 59.3% against 58.4% in Montenegro as of 2024.
- What is the difference in broad money between Montenegro and Norway?
- 0.9%, with Norway ahead.
- How many years of comparable data are there for Montenegro and Norway?
- 23 years are reported by both, from 2002 to 2024.
- How do Montenegro and Norway rank globally for broad money?
- Montenegro ranks 89th and Norway ranks 88th of 167 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Broad money (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Broad money is the sum of all liquid financial instruments held by money-holding sectors that are widely accepted in an economy as a medium of exchange, plus those that can be converted into a medium of exchange at short notice at, or close to, their full nominal value. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.