Latvia vs Montenegro: Net domestic credit (current LCU), per unit of GDP

Latvia
0.3645 current LCU per US$ of GDP
in 2024
Montenegro
0.4406 current LCU per US$ of GDP
in 2024
Latvia rank
177th
Montenegro rank
174th

Net domestic credit (current LCU), per unit of GDP over time

  • Latvia
  • Montenegro
00.20.40.6200220132024

How they compare

Montenegro currently reports 0.4406 current LCU per US$ of GDP against 0.3645 current LCU per US$ of GDP in Latvia, a difference of 0.0761 current LCU per US$ of GDP.

That makes Montenegro's figure about 1.2 times Latvia's.

The two have swapped places 3 times across 15 shared years of data; in 2010 it was Latvia ahead.

Latvia ranks 177th and Montenegro ranks 174th of 186 countries.

Across the 2 decades both report, Latvia averaged higher in 1 and Montenegro in 1.

Head to head by decade

Decade Latvia Montenegro Difference Ahead
2010s 0.5056 current LCU per US$ of GDP 0.4864 current LCU per US$ of GDP 0.0191 current LCU per US$ of GDP Latvia
2020s 0.397 current LCU per US$ of GDP 0.4697 current LCU per US$ of GDP 0.0727 current LCU per US$ of GDP Montenegro

Averages of every year both report within each decade.

Frequently asked questions

Which has higher net domestic credit (current lcu), per unit of gdp, Latvia or Montenegro?
Montenegro, at 0.4406 current LCU per US$ of GDP against 0.3645 current LCU per US$ of GDP in Latvia as of 2024.
What is the difference in net domestic credit (current lcu), per unit of gdp between Latvia and Montenegro?
0.0761 current LCU per US$ of GDP, with Montenegro ahead.
How many years of comparable data are there for Latvia and Montenegro?
15 years are reported by both, from 2010 to 2024.
How do Latvia and Montenegro rank globally for net domestic credit (current lcu), per unit of gdp?
Latvia ranks 177th and Montenegro ranks 174th of 186 countries.
Where does this data come from?
Statizoid (derived), published as Net domestic credit (current LCU), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Latvia vs Montenegro: Net domestic credit (current LCU), per unit of GDP. Statizoid, drawing on Statizoid (derived). Retrieved 07 September 2026, from https://financial-sector.statizoid.com/compare/net-domestic-credit-current-lcu-per-unit-of-gdp/latvia/montenegro/

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About this data

Indicator
Net domestic credit (current LCU), per unit of GDP
Unit
current LCU per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
186 places, 8,768 data points, 1960–2025
Last refreshed

Net domestic credit (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.