Monetary Sector credit to private sector in Montenegro
Montenegro: Monetary Sector credit to private sector was 45.3% in 2024. ▲ Rising
Monetary Sector credit to private sector in Montenegro, 2002–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % GDP.
Analysis
Montenegro recorded 45.3% for monetary sector credit to private sector in 2024.
The figure is up 6.8% on the previous year and down 13.2% over ten years.
Over the whole period, monetary sector credit to private sector in Montenegro peaked at 86.6% in 2008 and was at its lowest, 8.1%, in 2002.
Montenegro ranks 82nd of 186 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 23 years of available data.
Monetary Sector credit to private sector in Montenegro, year by year
| Year | % GDP | Change |
|---|---|---|
| 2002 | 8.1% | — |
| 2003 | 11.3% | +40.2% |
| 2004 | 14.6% | +29.5% |
| 2005 | 18.0% | +22.7% |
| 2006 | 36.0% | +100.6% |
| 2007 | 80.1% | +122.3% |
| 2008 | 86.6% | +8.2% |
| 2009 | 76.5% | -11.7% |
| 2010 | 66.6% | -13.0% |
| 2011 | 55.8% | -16.2% |
| 2012 | 55.3% | -0.9% |
| 2013 | 54.3% | -1.8% |
| 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% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 41.4% | 8.1% | 86.6% | 8 |
| 2010s | 53.4% | 49.5% | 66.6% | 10 |
| 2020s | 49.6% | 42.4% | 60.6% | 5 |
Countries ranked near Montenegro
More financial sector data for Montenegro
- Total reserves in months of imports, annual growth rate 13.67 % change on previous year (2025)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2025)
- Total reserves in months of imports, per capita 0 units per person (2025)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 21.48 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.1646 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 2,439 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate 20.1 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 2,574 SDR per person (2025)
- Total reserves (gold at market value) (SDR), annual growth rate 20.1 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 2,574 SDR per person (2025)
Frequently asked questions
- What is monetary sector credit to private sector in Montenegro?
- Monetary sector credit to private sector in Montenegro was 45.3% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest monetary sector credit to private sector recorded in Montenegro?
- The highest recorded value was 86.6% in 2008.
- What is the lowest monetary sector credit to private sector recorded in Montenegro?
- The lowest recorded value was 8.1% in 2002.
- How does Montenegro rank for monetary sector credit to private sector?
- Montenegro ranks 82nd out of 186 countries with data for 2024.
- Is monetary sector credit to private sector rising or falling in Montenegro?
- Over the last ten years it is down 13.2%. 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 Monetary Sector credit to private sector (% GDP). Statizoid updates them automatically from the source API.
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About this data
Domestic credit to private sector refers to financial resources provided to the private sector, 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.