Current account balance (credit less debit), Net (credits less) in Montenegro
Montenegro: Current account balance (credit less debit), Net (credits less) was -1.40 billion in 2024. ▲ Rising
Current account balance (credit less debit), Net (credits less debits) in Montenegro, 2007–2024
Source: International Monetary Fund.
Analysis
Montenegro recorded -1.40 billion for current account balance (credit less debit), net (credits less debits) in 2024.
Compared with earlier readings it is down 64.9% on the previous year and down 146.2% over ten years.
Over the whole period, current account balance (credit less debit), net (credits less debits) in Montenegro peaked at -443.14 million in 2015 and was at its lowest, -2.26 billion, in 2008.
That places Montenegro 139th out of 198 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 18 years of available data.
Current account balance (credit less debit), Net (credits less) in Montenegro, year by year
| Year | Value | Change |
|---|---|---|
| 2007 | -1.46 billion | — |
| 2008 | -2.26 billion | +54.1% |
| 2009 | -1.15 billion | -49.0% |
| 2010 | -852.06 million | -26.0% |
| 2011 | -664.73 million | -22.0% |
| 2012 | -638.66 million | -3.9% |
| 2013 | -511.43 million | -19.9% |
| 2014 | -570.44 million | +11.5% |
| 2015 | -443.14 million | -22.3% |
| 2016 | -707.49 million | +59.7% |
| 2017 | -761.41 million | +7.6% |
| 2018 | -943.03 million | +23.9% |
| 2019 | -795.65 million | -15.6% |
| 2020 | -1.24 billion | +55.5% |
| 2021 | -541.20 million | -56.2% |
| 2022 | -817.86 million | +51.1% |
| 2023 | -851.52 million | +4.1% |
| 2024 | -1.40 billion | +64.9% |
Montenegro compared with similar countries
- Montenegro's -1.40 billion is below the median for upper middle income countries, which is -494.28 million, 2.8× the median. (54 countries reporting)
- Montenegro's -1.40 billion is below the median for Europe & Central Asia, which is -449.44 million, 3.1× the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -1.62 billion | -2.26 billion | -1.15 billion | 3 |
| 2010s | -688.80 million | -943.03 million | -443.14 million | 10 |
| 2020s | -970.40 million | -1.40 billion | -541.20 million | 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 current account balance (credit less debit), net (credits less debits) in Montenegro?
- Current account balance (credit less debit), net (credits less debits) in Montenegro was -1.40 billion in 2024, according to International Monetary Fund.
- What is the highest current account balance (credit less debit), net (credits less debits) recorded in Montenegro?
- The highest recorded value was -443.14 million in 2015.
- What is the lowest current account balance (credit less debit), net (credits less debits) recorded in Montenegro?
- The lowest recorded value was -2.26 billion in 2008.
- How does Montenegro rank for current account balance (credit less debit), net (credits less debits)?
- Montenegro ranks 139th out of 198 countries with data for 2024.
- Is current account balance (credit less debit), net (credits less debits) rising or falling in Montenegro?
- Over the last ten years it is down 146.2%. The long-run trend across the full record is rising.
- Where does this Montenegro data come from?
- The figures come from International Monetary Fund, published as part of Current account balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.