Domestic credit to private sector by banks in Montenegro
Montenegro: Domestic credit to private sector by banks was 50.9% in 2025. ▲ Rising
Domestic credit to private sector by banks in Montenegro, 2002–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2025, domestic credit to private sector by banks in Montenegro stood at 50.9%.
That represents a change of up 12.5% on the previous year and up 0.0% over ten years.
Over the whole period, domestic credit to private sector by banks in Montenegro peaked at 86.5% in 2008 and was at its lowest, 8.0%, in 2002.
That places Montenegro 72nd out of 187 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 24 years of available data.
Domestic credit to private sector by banks in Montenegro, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2002 | 8.0% | — |
| 2003 | 11.3% | +41.8% |
| 2004 | 14.6% | +29.6% |
| 2005 | 17.9% | +22.8% |
| 2006 | 36.0% | +100.6% |
| 2007 | 80.0% | +122.4% |
| 2008 | 86.5% | +8.1% |
| 2009 | 76.4% | -11.7% |
| 2010 | 66.5% | -13.0% |
| 2011 | 55.6% | -16.3% |
| 2012 | 55.2% | -0.9% |
| 2013 | 54.3% | -1.7% |
| 2014 | 52.2% | -3.9% |
| 2015 | 50.9% | -2.4% |
| 2016 | 49.5% | -2.8% |
| 2017 | 49.5% | -0.1% |
| 2018 | 50.2% | +1.6% |
| 2019 | 49.5% | -1.4% |
| 2020 | 60.6% | +22.2% |
| 2021 | 52.6% | -13.1% |
| 2022 | 47.2% | -10.4% |
| 2023 | 42.4% | -10.1% |
| 2024 | 45.3% | +6.8% |
| 2025 | 50.9% | +12.5% |
Montenegro compared with similar countries
- Montenegro's 50.9% is above the median for upper middle income countries, which is 39.8%, 1.3× the median. (55 countries reporting)
- Montenegro's 50.9% is below the median for Europe & Central Asia, which is 52.1%, 98% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where Domestic credit to private sector by banks 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 |
|---|---|---|---|
| 2007 | +122.4% | 36.0% | 80.0% |
| 2006 | +100.6% | 17.9% | 36.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 41.3% | 8.0% | 86.5% | 8 |
| 2010s | 53.3% | 49.5% | 66.5% | 10 |
| 2020s | 49.8% | 42.4% | 60.6% | 6 |
Countries ranked near Montenegro
- 69 Philippines 52.1% compare
- 70 Bolivia, Plurinational State of 51.8% compare
- 71 Saint Lucia 51.7% compare
- 73 Trinidad and Tobago 50.3% compare
- 74 Costa Rica 50.0% compare
- 75 Mongolia 48.5% compare
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 domestic credit to private sector by banks in Montenegro?
- Domestic credit to private sector by banks in Montenegro was 50.9% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest domestic credit to private sector by banks recorded in Montenegro?
- The highest recorded value was 86.5% in 2008.
- What is the lowest domestic credit to private sector by banks recorded in Montenegro?
- The lowest recorded value was 8.0% in 2002.
- How does Montenegro rank for domestic credit to private sector by banks?
- Montenegro ranks 72nd out of 187 countries with data for 2025.
- Is domestic credit to private sector by banks rising or falling in Montenegro?
- Over the last ten years it is up 0.0%. The long-run trend across the full record is rising.
- Where does this Montenegro data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Domestic credit to private sector by banks (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Domestic credit to private sector by banks refers to financial resources provided to the private sector by other depository corporations (deposit taking corporations except central banks), such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.