Monetary Sector credit to private sector (% GDP) in Montenegro
Montenegro: Monetary Sector credit to private sector (% GDP) 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 84th of 187 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 (% GDP) 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% |
Montenegro compared with similar countries
- Montenegro's 45.3% is above the median for upper middle income countries, which is 39.9%, 1.1× the median. (55 countries reporting)
- Montenegro's 45.3% is below the median for Europe & Central Asia, which is 51.0%, 89% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where Monetary Sector credit to private sector (% 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 |
|---|---|---|---|
| 2007 | +122.3% | 36.0% | 80.1% |
| 2006 | +100.6% | 18.0% | 36.0% |
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
- 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 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 84th out of 187 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.
Download this data
CSV · JSON — 23 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.