Bank Z-score in Montenegro
Montenegro: Bank Z-score was 8.93 in 2021. ▼ Falling
Bank Z-score in Montenegro, 2003–2021
Source: Bankscope, Bureau van Dijk (BvD).
Analysis
The most recent figure for bank z-score in Montenegro is 8.93, measured in 2021.
That represents a change of down 5.2% on the previous year and up 21.8% over ten years.
Over the whole period, bank z-score in Montenegro peaked at 16.99 in 2003 and was at its lowest, 4.1, in 2010.
Montenegro ranks 132nd of 170 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 19 years of available data.
Bank Z-score in Montenegro, year by year
| Year | Value | Change |
|---|---|---|
| 2003 | 16.99 | — |
| 2004 | 14.09 | -17.1% |
| 2005 | 10.13 | -28.1% |
| 2006 | 7.53 | -25.7% |
| 2007 | 5.33 | -29.2% |
| 2008 | 5.28 | -0.8% |
| 2009 | 7.59 | +43.7% |
| 2010 | 4.1 | -45.9% |
| 2011 | 7.33 | +78.6% |
| 2012 | 6.4 | -12.7% |
| 2013 | 9.25 | +44.7% |
| 2014 | 10.43 | +12.7% |
| 2015 | 8.82 | -15.5% |
| 2016 | 8.94 | +1.4% |
| 2017 | 9.15 | +2.4% |
| 2018 | 9.3 | +1.7% |
| 2019 | 9.97 | +7.2% |
| 2020 | 9.42 | -5.5% |
| 2021 | 8.93 | -5.2% |
Montenegro compared with similar countries
- Montenegro's 8.93 is below the median for upper middle income countries, which is 15.47, 58% of the median. (48 countries reporting)
- Montenegro's 8.93 is below the median for Europe & Central Asia, which is 11.21, 80% of the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 9.56 | 5.28 | 16.99 | 7 |
| 2010s | 8.37 | 4.1 | 10.43 | 10 |
| 2020s | 9.17 | 8.93 | 9.42 | 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 z-score in Montenegro?
- Bank z-score in Montenegro was 8.93 in 2021, according to Bankscope, Bureau van Dijk (BvD).
- What is the highest bank z-score recorded in Montenegro?
- The highest recorded value was 16.99 in 2003.
- What is the lowest bank z-score recorded in Montenegro?
- The lowest recorded value was 4.1 in 2010.
- How does Montenegro rank for bank z-score?
- Montenegro ranks 132nd out of 170 countries with data for 2021.
- Is bank z-score rising or falling in Montenegro?
- Over the last ten years it is up 21.8%. 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 Z-score. 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
It captures the probability of default of a country's banking system. Z-score compares the buffer of a country's banking system (capitalization and returns) with the volatility of those returns. It is estimated as (ROA+(equity/assets))/sd(ROA); sd(ROA) is the standard deviation of ROA. ROA, equity, and assets are country-level aggregate figures Calculated from underlying bank-by-bank unconsolidated data from Bankscope.