Liquid liabilities to GDP in Montenegro

Montenegro: Liquid liabilities to GDP was 58.5% in 2021. β–² Rising

Latest (2021)
58.5%
Change on year
down 1.5%
World rank
106th
of 185 countries
All-time high
66.2%
in 2007
All-time low
11.3%
in 2002
Years of data
20
2002–2021

Liquid liabilities to GDP in Montenegro, 2002–2021

2040602002201120212002: 11.3 %2003: 12 %2004: 13.3 %2005: 22.5 %2006: 41.3 %2007: 66.2 %2008: 51.6 %2009: 48.7 %2010: 48.1 %2011: 46.9 %2012: 52 %2013: 51.2 %2014: 54.8 %2015: 58.4 %2016: 59.6 %2017: 61.9 %2018: 58.5 %2019: 52.1 %2020: 59.4 %2021: 58.5 %

Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.

Analysis

Montenegro recorded 58.5% for liquid liabilities to gdp in 2021.

The figure is down 1.5% on the previous year and up 24.6% over ten years.

Over the whole period, liquid liabilities to gdp in Montenegro peaked at 66.2% in 2007 and was at its lowest, 11.3%, in 2002.

That places Montenegro 106th out of 185 countries with data for 2021, putting it in the middle of the range.

The long-run direction has been consistently rising across the 20 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 33.4% 11.3% 66.2% 8
2010s 54.4% 46.9% 61.9% 10
2020s 58.9% 58.5% 59.4% 2

Countries ranked near Montenegro

  1. 103 Serbia, Republic of 60.3% compare
  2. 104 Uruguay 60.2% compare
  3. 105 Kosovo 58.8% compare
  4. 107 Syrian Arab Republic 57.8% compare
  5. 108 Timor-Leste, Democratic Republic of 57.1% compare
  6. 109 Bangladesh 56.6% compare

See the full ranking of 185 places β†’

More financial sector data for Montenegro

All data for Montenegro β†’

Frequently asked questions

What is liquid liabilities to gdp in Montenegro?
Liquid liabilities to gdp in Montenegro was 58.5% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
What is the highest liquid liabilities to gdp recorded in Montenegro?
The highest recorded value was 66.2% in 2007.
What is the lowest liquid liabilities to gdp recorded in Montenegro?
The lowest recorded value was 11.3% in 2002.
How does Montenegro rank for liquid liabilities to gdp?
Montenegro ranks 106th out of 185 countries with data for 2021.
Is liquid liabilities to gdp rising or falling in Montenegro?
Over the last ten years it is up 24.6%. The long-run trend across the full record is rising.
Where does this Montenegro data come from?
The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Liquid liabilities to GDP (%). Statizoid updates them automatically from the source API.

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Liquid liabilities to GDP in Montenegro. Statizoid, drawing on International Financial Statistics (IFS), International Monetary Fund (IMF). Retrieved 18 August 2026, from https://financial-sector.statizoid.com/stat/liquid-liabilities-to-gdp-percent/montenegro/

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About this data

Indicator
Liquid liabilities to GDP (%)
Unit
%
Source
International Financial Statistics (IFS), International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
185 places, 8,531 data points, 1960–2021
Last refreshed

Ratio of liquid liabilities to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is liquid liabilities, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF's International Financial Statistics. Liquid liabilities (IFS lines 55L or, if not available, line 35L); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF) For Eurocurrency area countries liquid liabilities are estimated by summing IFS items 34A, 34B and 35.