Broad money growth (annual %) in Montenegro
Montenegro: Broad money growth (annual %) was 9.8% in 2025. ◆ Volatile
Broad money growth in Montenegro, 2003–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in annual %.
Analysis
In 2025, broad money growth in Montenegro stood at 9.8%.
The figure is down 0.7% on the previous year and down 11.5% over ten years.
Over the whole period, broad money growth in Montenegro peaked at 119.2% in 2006 and was at its lowest, -10.1%, in 2008.
That places Montenegro 84th out of 167 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Broad money growth (annual %) in Montenegro, year by year
| Year | annual % | Change |
|---|---|---|
| 2003 | 18.7% | — |
| 2004 | 22.5% | +20.5% |
| 2005 | 83.4% | +270.8% |
| 2006 | 119.2% | +42.9% |
| 2007 | 98.8% | -17.0% |
| 2008 | -10.1% | -110.2% |
| 2009 | -9.0% | -11.1% |
| 2010 | 3.2% | -136.0% |
| 2011 | 1.9% | -42.5% |
| 2012 | 7.9% | +325.5% |
| 2013 | 2.9% | -63.6% |
| 2014 | 9.2% | +220.2% |
| 2015 | 11.1% | +20.7% |
| 2016 | 9.2% | -17.6% |
| 2017 | 13.0% | +41.4% |
| 2018 | 3.1% | -75.7% |
| 2019 | -1.7% | -153.0% |
| 2020 | -3.7% | +124.6% |
| 2021 | 15.6% | -516.5% |
| 2022 | 22.9% | +47.0% |
| 2023 | 12.0% | -47.8% |
| 2024 | 9.9% | -17.3% |
| 2025 | 9.8% | -0.7% |
Montenegro compared with similar countries
- Montenegro's 9.8% is above the median for upper middle income countries, which is 9.3%, 1.1× the median. (55 countries reporting)
- Montenegro's 9.8% is above the median for Europe & Central Asia, which is 9.8%, 1.0× the median. (29 countries reporting)
Biggest year-on-year movements
Years where Broad money growth (annual %) in Montenegro changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | +516.5% | -3.7% | 15.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 46.2% | -10.1% | 119.2% | 7 |
| 2010s | 6.0% | -1.7% | 13.0% | 10 |
| 2020s | 11.1% | -3.7% | 22.9% | 6 |
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 broad money growth in Montenegro?
- Broad money growth in Montenegro was 9.8% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest broad money growth recorded in Montenegro?
- The highest recorded value was 119.2% in 2006.
- What is the lowest broad money growth recorded in Montenegro?
- The lowest recorded value was -10.1% in 2008.
- How does Montenegro rank for broad money growth?
- Montenegro ranks 84th out of 167 countries with data for 2025.
- Is broad money growth rising or falling in Montenegro?
- Over the last ten years it is down 11.5%. The long-run trend across the full record is volatile.
- Where does this Montenegro data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Broad money growth (annual %). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 23 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Broad money is the sum of all liquid financial instruments held by money-holding sectors that are widely accepted in an economy as a medium of exchange, plus those that can be converted into a medium of exchange at short notice at, or close to, their full nominal value. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.