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% |
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 Congo, Democratic Republic of the 81.9% compare
- 9 Venezuela, Bolivarian Republic of 78.0% compare
- 10 Lesotho 77.6% compare
- 11 South Sudan 76.2% compare
More financial sector data for Montenegro
- Net domestic credit (current LCU), per capita 5,846 current LCU per person (2024)
- Net domestic credit (current LCU), per unit of GDP 0.4406 current LCU per US$ of GDP (2024)
- Net domestic credit (current LCU), annual growth rate 2.45 % change on previous year (2024)
- Gold reserves at 35 SDRs per ounce 0 SDR (2025)
- Gold reserves at market value 0 SDR (2025)
- Reserves excluding gold, foreign exchange 1.52 billion SDR (2025)
- Reserves excluding gold 1.60 billion SDR (2025)
- Total reserves (gold at market value) 1.60 billion SDR (2025)
- Total reserves (gold at national valuation) 1.60 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 2,574 SDR per person (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.