Net domestic credit (current LCU), annual growth rate in Montenegro
Montenegro: Net domestic credit (current LCU), annual growth rate was 2.45 % change on previous year in 2024. ◆ Volatile
Net domestic credit (current LCU), annual growth rate in Montenegro, 2003–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, net domestic credit (current lcu), annual growth rate in Montenegro stood at 2.45 % change on previous year.
The figure is down 63.4% on the previous year and up 195.5% over ten years.
Over the whole period, net domestic credit (current lcu), annual growth rate in Montenegro peaked at 171.95 % change on previous year in 2007 and was at its lowest, -16.36 % change on previous year, in 2009.
Montenegro ranks 148th of 186 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net domestic credit (current LCU), annual growth rate in Montenegro, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2003 | 98.89 % change on previous year | — |
| 2004 | 41.69 % change on previous year | -57.8% |
| 2005 | 12.14 % change on previous year | -70.9% |
| 2006 | 142.03 % change on previous year | +1069.8% |
| 2007 | 171.95 % change on previous year | +21.1% |
| 2008 | 29.53 % change on previous year | -82.8% |
| 2009 | -16.36 % change on previous year | -155.4% |
| 2010 | -7.24 % change on previous year | -55.7% |
| 2011 | -5.18 % change on previous year | -28.5% |
| 2012 | 4.61 % change on previous year | -189.0% |
| 2013 | -3.79 % change on previous year | -182.3% |
| 2014 | -2.56 % change on previous year | -32.4% |
| 2015 | 9.21 % change on previous year | -459.3% |
| 2016 | 10.38 % change on previous year | +12.6% |
| 2017 | 6.91 % change on previous year | -33.4% |
| 2018 | 1.47 % change on previous year | -78.7% |
| 2019 | -4.67 % change on previous year | -417.5% |
| 2020 | -12.31 % change on previous year | +163.8% |
| 2021 | 24.41 % change on previous year | -298.2% |
| 2022 | 25.22 % change on previous year | +3.3% |
| 2023 | 6.69 % change on previous year | -73.5% |
| 2024 | 2.45 % change on previous year | -63.4% |
Montenegro compared with similar countries
- Montenegro's 2.45 % change on previous year is below the median for upper middle income countries, which is 10.49 % change on previous year, 23% of the median. (55 countries reporting)
- Montenegro's 2.45 % change on previous year is below the median for Europe & Central Asia, which is 4.54 % change on previous year, 54% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where Net domestic credit (current LCU), annual growth rate 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 | +1069.8% | 12.14 % change on previous year | 142.03 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 68.55 % change on previous year | -16.36 % change on previous year | 171.95 % change on previous year | 7 |
| 2010s | 0.9129 % change on previous year | -7.24 % change on previous year | 10.38 % change on previous year | 10 |
| 2020s | 9.29 % change on previous year | -12.31 % change on previous year | 25.22 % change on previous year | 5 |
Countries ranked near Montenegro
- 145 Mauritania 2.79 % change on previous year compare
- 146 Ireland 2.72 % change on previous year compare
- 147 Burkina Faso 2.61 % change on previous year compare
- 149 Greece 2.41 % change on previous year compare
- 150 France 2.34 % change on previous year compare
- 151 Italy 2.32 % change on previous year 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 net domestic credit (current lcu), annual growth rate in Montenegro?
- Net domestic credit (current lcu), annual growth rate in Montenegro was 2.45 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest net domestic credit (current lcu), annual growth rate recorded in Montenegro?
- The highest recorded value was 171.95 % change on previous year in 2007.
- What is the lowest net domestic credit (current lcu), annual growth rate recorded in Montenegro?
- The lowest recorded value was -16.36 % change on previous year in 2009.
- How does Montenegro rank for net domestic credit (current lcu), annual growth rate?
- Montenegro ranks 148th out of 186 countries with data for 2024.
- Is net domestic credit (current lcu), annual growth rate rising or falling in Montenegro?
- Over the last ten years it is up 195.5%. The long-run trend across the full record is volatile.
- Where does this Montenegro data come from?
- The figures come from Statizoid (derived), published as part of Net domestic credit (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 22 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Net domestic credit (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Net domestic credit International Financial Statistics database, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Net domestic credit (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.