Bank credit to bank deposits in Montenegro
Montenegro: Bank credit to bank deposits was 93.1% in 2021. ▼ Falling
Bank credit to bank deposits in Montenegro, 2002–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
In 2021, bank credit to bank deposits in Montenegro stood at 93.1%.
The figure is down 10.5% on the previous year and down 22.0% over ten years.
Over the whole period, bank credit to bank deposits in Montenegro peaked at 168.8% in 2008 and was at its lowest, 71.5%, in 2002.
Montenegro ranks 54th of 186 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 20 years of available data.
Bank credit to bank deposits in Montenegro, year by year
| Year | % | Change |
|---|---|---|
| 2002 | 71.5% | — |
| 2003 | 94.0% | +31.5% |
| 2004 | 109.6% | +16.6% |
| 2005 | 79.9% | -27.1% |
| 2006 | 87.3% | +9.2% |
| 2007 | 121.2% | +38.8% |
| 2008 | 168.8% | +39.3% |
| 2009 | 157.8% | -6.5% |
| 2010 | 139.6% | -11.5% |
| 2011 | 119.3% | -14.6% |
| 2012 | 107.8% | -9.7% |
| 2013 | 105.8% | -1.8% |
| 2014 | 95.8% | -9.5% |
| 2015 | 87.4% | -8.8% |
| 2016 | 84.1% | -3.7% |
| 2017 | 80.9% | -3.8% |
| 2018 | 87.3% | +7.9% |
| 2019 | 96.2% | +10.2% |
| 2020 | 104.0% | +8.1% |
| 2021 | 93.1% | -10.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 111.3% | 71.5% | 168.8% | 8 |
| 2010s | 100.4% | 80.9% | 139.6% | 10 |
| 2020s | 98.5% | 93.1% | 104.0% | 2 |
Countries ranked near Montenegro
- 51 Mali 93.2% compare
- 52 Saint Lucia 93.1% compare
- 53 Netherlands 93.1% compare
- 55 El Salvador 92.2% compare
- 56 North Macedonia 91.9% compare
- 57 Belarus 91.5% 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 credit to bank deposits in Montenegro?
- Bank credit to bank deposits in Montenegro was 93.1% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest bank credit to bank deposits recorded in Montenegro?
- The highest recorded value was 168.8% in 2008.
- What is the lowest bank credit to bank deposits recorded in Montenegro?
- The lowest recorded value was 71.5% in 2002.
- How does Montenegro rank for bank credit to bank deposits?
- Montenegro ranks 54th out of 186 countries with data for 2021.
- Is bank credit to bank deposits rising or falling in Montenegro?
- Over the last ten years it is down 22.0%. The long-run trend across the full record is falling.
- Where does this Montenegro data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Bank credit to bank deposits (%). Statizoid updates them automatically from the source API.
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About this data
Raw data are from the electronic version of the IMF’s International Financial Statistics. Private credit by deposit money banks (IFS line 22d); bank deposits (IFS lines 24 and 25).