Interest rate spread (lending rate minus deposit rate, %) in Montenegro
Montenegro: Interest rate spread (lending rate minus deposit rate, %) was 6.0% in 2025. ▬ Flat
Interest rate spread in Montenegro, 2005–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in lending rate minus deposit rate, %.
Analysis
In 2025, interest rate spread in Montenegro stood at 6.0%.
Compared with earlier readings it is down 4.7% on the previous year and down 19.1% over ten years.
Over the whole period, interest rate spread in Montenegro peaked at 7.6% in 2005 and was at its lowest, 4.2%, in 2007.
Montenegro ranks 54th of 141 countries on this measure, in the middle of the range.
Interest rate spread (lending rate minus deposit rate, %) in Montenegro, year by year
| Year | lending rate minus deposit rate, % | Change |
|---|---|---|
| 2005 | 7.6% | — |
| 2006 | 6.1% | -19.5% |
| 2007 | 4.2% | -30.4% |
| 2008 | 5.4% | +27.8% |
| 2009 | 5.5% | +2.4% |
| 2010 | 5.8% | +5.1% |
| 2011 | 6.6% | +12.4% |
| 2012 | 6.3% | -3.9% |
| 2013 | 6.5% | +2.8% |
| 2014 | 7.3% | +12.3% |
| 2015 | 7.5% | +2.8% |
| 2016 | 6.9% | -7.6% |
| 2017 | 6.3% | -8.5% |
| 2018 | 5.9% | -6.3% |
| 2019 | 5.7% | -3.5% |
| 2020 | 5.5% | -3.7% |
| 2021 | 5.4% | -2.0% |
| 2022 | 5.3% | -0.7% |
| 2023 | 6.1% | +13.6% |
| 2024 | 6.3% | +4.4% |
| 2025 | 6.0% | -4.7% |
Montenegro compared with similar countries
- Montenegro's 6.0% is above the median for upper middle income countries, which is 5.4%, 1.1× the median. (49 countries reporting)
- Montenegro's 6.0% is above the median for Europe & Central Asia, which is 4.0%, 1.5× the median. (27 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.8% | 4.2% | 7.6% | 5 |
| 2010s | 6.5% | 5.7% | 7.5% | 10 |
| 2020s | 5.8% | 5.3% | 6.3% | 6 |
Countries ranked near Montenegro
- 51 Cape Verde 6.2% compare
- 52 Honduras 6.1% compare
- 53 Tonga 6.1% compare
- 55 Trinidad and Tobago 6.0% compare
- 56 Azerbaijan 6.0% compare
- 57 Comoros 6.0% 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 interest rate spread in Montenegro?
- Interest rate spread in Montenegro was 6.0% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest interest rate spread recorded in Montenegro?
- The highest recorded value was 7.6% in 2005.
- What is the lowest interest rate spread recorded in Montenegro?
- The lowest recorded value was 4.2% in 2007.
- How does Montenegro rank for interest rate spread?
- Montenegro ranks 54th out of 141 countries with data for 2025.
- Is interest rate spread rising or falling in Montenegro?
- Over the last ten years it is down 19.1%. The long-run trend across the full record is flat.
- Where does this Montenegro data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Interest rate spread (lending rate minus deposit rate, %). Statizoid updates them automatically from the source API.
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About this data
Interest rate spread is the interest rate charged by banks on loans to private sector customers minus the interest rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these rates differ by country, however, limiting their comparability.