Bank cost to income ratio (%) in Montenegro
Montenegro: Bank cost to income ratio (%) was 79.3% in 2021. ▲ Rising
Bank cost to income ratio in Montenegro, 2003–2021
Source: Bankscope, Bureau van Dijk (BvD). Measured in %.
Analysis
The most recent figure for bank cost to income ratio in Montenegro is 79.3%, measured in 2021.
That represents a change of up 17.2% on the previous year and up 29.2% over ten years.
Over the whole period, bank cost to income ratio in Montenegro peaked at 82.0% in 2005 and was at its lowest, 58.8%, in 2007.
That places Montenegro 8th out of 169 countries with data for 2021, putting it in the top 10%.
The long-run direction has been consistently rising across the 19 years of available data.
Bank cost to income ratio (%) in Montenegro, year by year
| Year | % | Change |
|---|---|---|
| 2003 | 62.5% | — |
| 2004 | 71.1% | +13.7% |
| 2005 | 82.0% | +15.4% |
| 2006 | 76.2% | -7.1% |
| 2007 | 58.8% | -22.8% |
| 2008 | 61.5% | +4.6% |
| 2009 | 64.8% | +5.4% |
| 2010 | 63.7% | -1.7% |
| 2011 | 61.4% | -3.6% |
| 2012 | 71.3% | +16.1% |
| 2013 | 70.8% | -0.8% |
| 2014 | 74.3% | +5.0% |
| 2015 | 71.7% | -3.5% |
| 2016 | 71.1% | -0.7% |
| 2017 | 69.0% | -3.0% |
| 2018 | 65.8% | -4.6% |
| 2019 | 71.5% | +8.7% |
| 2020 | 67.7% | -5.4% |
| 2021 | 79.3% | +17.2% |
Montenegro compared with similar countries
- Montenegro's 79.3% is above the median for upper middle income countries, which is 54.3%, 1.5× the median. (48 countries reporting)
- Montenegro's 79.3% is above the median for Europe & Central Asia, which is 57.7%, 1.4× the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 68.1% | 58.8% | 82.0% | 7 |
| 2010s | 69.1% | 61.4% | 74.3% | 10 |
| 2020s | 73.5% | 67.7% | 79.3% | 2 |
Countries ranked near Montenegro
- 5 Germany 88.6% compare
- 6 San Marino 85.5% compare
- 7 Democratic Republic of Congo 81.9% compare
- 9 Venezuela 78.0% compare
- 10 Lesotho 77.6% compare
- 11 South Sudan 76.2% compare
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 cost to income ratio in Montenegro?
- Bank cost to income ratio in Montenegro was 79.3% in 2021, according to Bankscope, Bureau van Dijk (BvD).
- What is the highest bank cost to income ratio recorded in Montenegro?
- The highest recorded value was 82.0% in 2005.
- What is the lowest bank cost to income ratio recorded in Montenegro?
- The lowest recorded value was 58.8% in 2007.
- How does Montenegro rank for bank cost to income ratio?
- Montenegro ranks 8th out of 169 countries with data for 2021.
- Is bank cost to income ratio rising or falling in Montenegro?
- Over the last ten years it is up 29.2%. The long-run trend across the full record is rising.
- Where does this Montenegro data come from?
- The figures come from Bankscope, Bureau van Dijk (BvD), published as part of Bank cost to income ratio (%). Statizoid updates them automatically from the source API.
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About this data
Raw data are from Bankscope. Data2090 / (data2080 + data2085). All Numerator and denominator are first aggregated on the country level before division. Note that banks used in the calculation might differ between indicators. Calculated from underlying bank-by-bank unconsolidated data from Bankscope.