Liquid liabilities to GDP (%) in Montenegro
Montenegro: Liquid liabilities to GDP (%) was 58.5% in 2021. ▲ Rising
Liquid liabilities to GDP in Montenegro, 2002–2021
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 107th out of 186 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.
Liquid liabilities to GDP (%) in Montenegro, year by year
| Year | % | Change |
|---|---|---|
| 2002 | 11.3% | — |
| 2003 | 12.0% | +6.9% |
| 2004 | 13.3% | +10.8% |
| 2005 | 22.5% | +68.7% |
| 2006 | 41.3% | +83.3% |
| 2007 | 66.2% | +60.4% |
| 2008 | 51.6% | -22.1% |
| 2009 | 48.7% | -5.7% |
| 2010 | 48.1% | -1.1% |
| 2011 | 46.9% | -2.5% |
| 2012 | 52.0% | +10.7% |
| 2013 | 51.2% | -1.4% |
| 2014 | 54.8% | +7.0% |
| 2015 | 58.4% | +6.5% |
| 2016 | 59.6% | +2.1% |
| 2017 | 61.9% | +3.9% |
| 2018 | 58.5% | -5.5% |
| 2019 | 52.1% | -10.9% |
| 2020 | 59.4% | +13.8% |
| 2021 | 58.5% | -1.5% |
Montenegro compared with similar countries
- Montenegro's 58.5% is below the median for upper middle income countries, which is 63.0%, 93% of the median. (55 countries reporting)
- Montenegro's 58.5% is below the median for Europe & Central Asia, which is 75.1%, 78% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where Liquid liabilities to GDP (%) 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 |
|---|---|---|---|
| 2006 | +83.3% | 22.5% | 41.3% |
| 2005 | +68.7% | 13.3% | 22.5% |
Averages by decade
| Decade | Average | Lowest | Highest | 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
- 104 Uruguay 60.2% compare
- 105 Kosovo 58.8% compare
- 105 Kosovo (UNSCR 1244) 58.8% compare
- 108 Syria 57.8% compare
- 109 East Timor 57.1% compare
- 110 Bangladesh 56.6% 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 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 107th out of 186 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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CSV · JSON — 20 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
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.