Bank concentration in Montenegro
Montenegro: Bank concentration was 83.2% in 2021. ▼ Falling
Bank concentration in Montenegro, 2003–2021
Source: Bankscope, Bureau van Dijk (BvD). Measured in %.
Analysis
Montenegro recorded 83.2% for bank concentration in 2021. That is the highest value across all 19 years on record.
The figure is up 13.7% on the previous year and up 35.4% over ten years.
Over the whole period, bank concentration in Montenegro peaked at 83.2% in 2021 and was at its lowest, 47.7%, in 2017.
Montenegro ranks 53rd of 170 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 19 years of available data.
Bank concentration in Montenegro, year by year
| Year | % | Change |
|---|---|---|
| 2003 | 82.7% | — |
| 2004 | 71.2% | -13.9% |
| 2005 | 75.4% | +5.8% |
| 2006 | 70.7% | -6.2% |
| 2007 | 68.6% | -3.0% |
| 2008 | 80.0% | +16.6% |
| 2009 | 75.3% | -5.9% |
| 2010 | 72.0% | -4.4% |
| 2011 | 61.5% | -14.7% |
| 2012 | 60.0% | -2.3% |
| 2013 | 58.3% | -3.0% |
| 2014 | 58.5% | +0.4% |
| 2015 | 52.0% | -11.2% |
| 2016 | 48.9% | -5.9% |
| 2017 | 47.7% | -2.6% |
| 2018 | 53.1% | +11.5% |
| 2019 | 54.2% | +2.1% |
| 2020 | 73.1% | +34.9% |
| 2021 | 83.2% | +13.7% |
Montenegro compared with similar countries
- Montenegro's 83.2% is above the median for upper middle income countries, which is 70.5%, 1.2× the median. (48 countries reporting)
- Montenegro's 83.2% is above the median for Europe & Central Asia, which is 68.9%, 1.2× the median. (50 countries reporting)
Biggest year-on-year movements
Years where Bank concentration 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 | +34.9% | 54.2% | 73.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 74.9% | 68.6% | 82.7% | 7 |
| 2010s | 56.6% | 47.7% | 72.0% | 10 |
| 2020s | 78.2% | 73.1% | 83.2% | 2 |
Countries ranked near Montenegro
More financial sector data for Montenegro
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0022 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 32.64 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0016 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 23.83 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0022 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 32.64 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is bank concentration in Montenegro?
- Bank concentration in Montenegro was 83.2% in 2021, according to Bankscope, Bureau van Dijk (BvD).
- What is the highest bank concentration recorded in Montenegro?
- The highest recorded value was 83.2% in 2021.
- What is the lowest bank concentration recorded in Montenegro?
- The lowest recorded value was 47.7% in 2017.
- How does Montenegro rank for bank concentration?
- Montenegro ranks 53rd out of 170 countries with data for 2021.
- Is bank concentration rising or falling in Montenegro?
- Over the last ten years it is up 35.4%. The long-run trend across the full record is falling.
- Where does this Montenegro data come from?
- The figures come from Bankscope, Bureau van Dijk (BvD), published as part of Bank concentration (%). 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
Raw data are from Bankscope. (Sum(data2025) for three largest banks in Bankscope) / (Sum(data2025) for all banks in Bankscope). Only reported if number of banks in Bankscope is 3 or more. Calculated from underlying bank-by-bank unconsolidated data from Bankscope.