Borrowers from commercial banks (per 1,000 adults) in Montenegro
Montenegro: Borrowers from commercial banks (per 1,000 adults) was 321.87 per 1,000 adults in 2024. ▲ Rising
Borrowers from commercial banks in Montenegro, 2007–2024
Source: Financial Access Survey, International Monetary Fund (IMF). Measured in per 1,000 adults.
Analysis
Montenegro recorded 321.87 per 1,000 adults for borrowers from commercial banks in 2024. That is the highest value across all 18 years on record.
That represents a change of up 4.9% on the previous year and up 46.0% over ten years.
Over the whole period, borrowers from commercial banks in Montenegro peaked at 321.87 per 1,000 adults in 2024 and was at its lowest, 212.09 per 1,000 adults, in 2012.
Montenegro ranks 37th of 113 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 18 years of available data.
Borrowers from commercial banks (per 1,000 adults) in Montenegro, year by year
| Year | per 1,000 adults | Change |
|---|---|---|
| 2007 | 261.18 per 1,000 adults | — |
| 2008 | 281.43 per 1,000 adults | +7.8% |
| 2009 | 245.4 per 1,000 adults | -12.8% |
| 2010 | 224.74 per 1,000 adults | -8.4% |
| 2011 | 216.91 per 1,000 adults | -3.5% |
| 2012 | 212.09 per 1,000 adults | -2.2% |
| 2013 | 217.72 per 1,000 adults | +2.7% |
| 2014 | 220.5 per 1,000 adults | +1.3% |
| 2015 | 221.74 per 1,000 adults | +0.6% |
| 2016 | 224.28 per 1,000 adults | +1.1% |
| 2017 | 231.23 per 1,000 adults | +3.1% |
| 2018 | 244.87 per 1,000 adults | +5.9% |
| 2019 | 248.32 per 1,000 adults | +1.4% |
| 2020 | 248.21 per 1,000 adults | -0.0% |
| 2021 | 299.77 per 1,000 adults | +20.8% |
| 2022 | 299.87 per 1,000 adults | +0.0% |
| 2023 | 306.82 per 1,000 adults | +2.3% |
| 2024 | 321.87 per 1,000 adults | +4.9% |
Montenegro compared with similar countries
- Montenegro's 321.87 per 1,000 adults is above the median for upper middle income countries, which is 263.02 per 1,000 adults, 1.2× the median. (33 countries reporting)
- Montenegro's 321.87 per 1,000 adults is below the median for Europe & Central Asia, which is 400.43 per 1,000 adults, 80% of the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 262.67 per 1,000 adults | 245.4 per 1,000 adults | 281.43 per 1,000 adults | 3 |
| 2010s | 226.24 per 1,000 adults | 212.09 per 1,000 adults | 248.32 per 1,000 adults | 10 |
| 2020s | 295.31 per 1,000 adults | 248.21 per 1,000 adults | 321.87 per 1,000 adults | 5 |
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 borrowers from commercial banks in Montenegro?
- Borrowers from commercial banks in Montenegro was 321.87 per 1,000 adults in 2024, according to Financial Access Survey, International Monetary Fund (IMF).
- What is the highest borrowers from commercial banks recorded in Montenegro?
- The highest recorded value was 321.87 per 1,000 adults in 2024.
- What is the lowest borrowers from commercial banks recorded in Montenegro?
- The lowest recorded value was 212.09 per 1,000 adults in 2012.
- How does Montenegro rank for borrowers from commercial banks?
- Montenegro ranks 37th out of 113 countries with data for 2024.
- Is borrowers from commercial banks rising or falling in Montenegro?
- Over the last ten years it is up 46.0%. The long-run trend across the full record is rising.
- Where does this Montenegro data come from?
- The figures come from Financial Access Survey, International Monetary Fund (IMF), published as part of Borrowers from commercial banks (per 1,000 adults). Statizoid updates them automatically from the source API.
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About this data
Borrowers from commercial banks are the reported number of resident customers that are nonfinancial corporations (public and private) and households who obtained loans from commercial banks and other banks functioning as commercial banks.