Current account balance (credit less debit), Net (credits less debits) in Montenegro
Montenegro: Current account balance (credit less debit), Net (credits less debits) 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 debits) 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% |
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
- Net domestic credit (current LCU), per capita 5,846 current LCU per person (2024)
- Net domestic credit (current LCU), per unit of GDP 0.4406 current LCU per US$ of GDP (2024)
- Net domestic credit (current LCU), annual growth rate 2.45 % change on previous year (2024)
- Gold reserves at 35 SDRs per ounce 0 SDR (2025)
- Gold reserves at market value 0 SDR (2025)
- Reserves excluding gold, foreign exchange 1.52 billion SDR (2025)
- Reserves excluding gold 1.60 billion SDR (2025)
- Total reserves (gold at market value) 1.60 billion SDR (2025)
- Total reserves (gold at national valuation) 1.60 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 2,574 SDR per person (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.