Foreign banks among total banks (%) in Montenegro
Montenegro: Foreign banks among total banks (%) was 88.0% in 2013. ◆ Volatile
Foreign banks among total banks in Montenegro, 1995–2013
Source: Stijn Claessens and Neeltje van Horen, 2012. "Foreign Banks: Trends, Impact and Financial Stability" IMF Working Paper, WP/12/10. Measured in %.
Analysis
The most recent figure for foreign banks among total banks in Montenegro is 88.0%, measured in 2013. That is the highest value across all 19 years on record.
That represents a change of up 76.0% over ten years.
Over the whole period, foreign banks among total banks in Montenegro peaked at 88.0% in 2007 and was at its lowest, 0.0%, in 1995.
Montenegro ranks 8th of 137 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Foreign banks among total banks (%) in Montenegro, year by year
| Year | % | Change |
|---|---|---|
| 1995 | 0.0% | — |
| 1996 | 0.0% | — |
| 1997 | 0.0% | — |
| 1998 | 0.0% | — |
| 1999 | 0.0% | — |
| 2000 | 20.0% | — |
| 2001 | 17.0% | -15.0% |
| 2002 | 29.0% | +70.6% |
| 2003 | 50.0% | +72.4% |
| 2004 | 50.0% | +0.0% |
| 2005 | 50.0% | +0.0% |
| 2006 | 75.0% | +50.0% |
| 2007 | 88.0% | +17.3% |
| 2008 | 88.0% | +0.0% |
| 2009 | 88.0% | +0.0% |
| 2010 | 88.0% | +0.0% |
| 2011 | 88.0% | +0.0% |
| 2012 | 88.0% | +0.0% |
| 2013 | 88.0% | +0.0% |
Montenegro compared with similar countries
- Montenegro's 88.0% is above the median for upper middle income countries, which is 41.0%, 2.1× the median. (40 countries reporting)
- Montenegro's 88.0% is above the median for Europe & Central Asia, which is 50.0%, 1.8× the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0% | 0.0% | 0.0% | 5 |
| 2000s | 55.5% | 17.0% | 88.0% | 10 |
| 2010s | 88.0% | 88.0% | 88.0% | 4 |
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 foreign banks among total banks in Montenegro?
- Foreign banks among total banks in Montenegro was 88.0% in 2013, according to Stijn Claessens and Neeltje van Horen, 2012. "Foreign Banks: Trends, Impact and Financial Stability" IMF Working Paper, WP/12/10.
- What is the highest foreign banks among total banks recorded in Montenegro?
- The highest recorded value was 88.0% in 2007.
- What is the lowest foreign banks among total banks recorded in Montenegro?
- The lowest recorded value was 0.0% in 1995.
- How does Montenegro rank for foreign banks among total banks?
- Montenegro ranks 8th out of 137 countries with data for 2013.
- Is foreign banks among total banks rising or falling in Montenegro?
- Over the last ten years it is up 76.0%. The long-run trend across the full record is volatile.
- Where does this Montenegro data come from?
- The figures come from Stijn Claessens and Neeltje van Horen, 2012. "Foreign Banks: Trends, Impact and Financial Stability" IMF Working Paper, WP/12/10, published as part of Foreign banks among total banks (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Percentage of the number of foreign owned banks to the number of the total banks in an Economy. A foreign bank is a bank where 50 percent or more of its shares are owned by foreigners.