Net domestic credit (current LCU), per unit of GDP in Montenegro
Montenegro: Net domestic credit (current LCU), per unit of GDP was 0.4406 current LCU per US$ of GDP in 2024. ▲ Rising
Net domestic credit (current LCU), per unit of GDP in Montenegro, 2002–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
Montenegro recorded 0.4406 current LCU per US$ of GDP for net domestic credit (current lcu), per unit of gdp in 2024.
Compared with earlier readings it is down 5.4% on the previous year and up 3.0% over ten years.
Over the whole period, net domestic credit (current lcu), per unit of gdp in Montenegro peaked at 0.5955 current LCU per US$ of GDP in 2008 and was at its lowest, 0.0783 current LCU per US$ of GDP, in 2002.
That places Montenegro 174th out of 186 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 23 years of available data.
Net domestic credit (current LCU), per unit of GDP in Montenegro, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 2002 | 0.0783 current LCU per US$ of GDP | — |
| 2003 | 0.1173 current LCU per US$ of GDP | +49.8% |
| 2004 | 0.1367 current LCU per US$ of GDP | +16.5% |
| 2005 | 0.141 current LCU per US$ of GDP | +3.2% |
| 2006 | 0.2834 current LCU per US$ of GDP | +100.9% |
| 2007 | 0.5692 current LCU per US$ of GDP | +100.9% |
| 2008 | 0.5955 current LCU per US$ of GDP | +4.6% |
| 2009 | 0.546 current LCU per US$ of GDP | -8.3% |
| 2010 | 0.5091 current LCU per US$ of GDP | -6.7% |
| 2011 | 0.4431 current LCU per US$ of GDP | -13.0% |
| 2012 | 0.5131 current LCU per US$ of GDP | +15.8% |
| 2013 | 0.4545 current LCU per US$ of GDP | -11.4% |
| 2014 | 0.4276 current LCU per US$ of GDP | -5.9% |
| 2015 | 0.5333 current LCU per US$ of GDP | +24.7% |
| 2016 | 0.5418 current LCU per US$ of GDP | +1.6% |
| 2017 | 0.5254 current LCU per US$ of GDP | -3.0% |
| 2018 | 0.4713 current LCU per US$ of GDP | -10.3% |
| 2019 | 0.4452 current LCU per US$ of GDP | -5.5% |
| 2020 | 0.4522 current LCU per US$ of GDP | +1.6% |
| 2021 | 0.4574 current LCU per US$ of GDP | +1.2% |
| 2022 | 0.5328 current LCU per US$ of GDP | +16.5% |
| 2023 | 0.4655 current LCU per US$ of GDP | -12.6% |
| 2024 | 0.4406 current LCU per US$ of GDP | -5.4% |
Montenegro compared with similar countries
- Montenegro's 0.4406 current LCU per US$ of GDP is below the median for upper middle income countries, which is 11.1 current LCU per US$ of GDP, 4% of the median. (55 countries reporting)
- Montenegro's 0.4406 current LCU per US$ of GDP is below the median for Europe & Central Asia, which is 1.37 current LCU per US$ of GDP, 32% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where Net domestic credit (current LCU), per unit of 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 | +100.9% | 0.141 current LCU per US$ of GDP | 0.2834 current LCU per US$ of GDP |
| 2007 | +100.9% | 0.2834 current LCU per US$ of GDP | 0.5692 current LCU per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.3084 current LCU per US$ of GDP | 0.0783 current LCU per US$ of GDP | 0.5955 current LCU per US$ of GDP | 8 |
| 2010s | 0.4864 current LCU per US$ of GDP | 0.4276 current LCU per US$ of GDP | 0.5418 current LCU per US$ of GDP | 10 |
| 2020s | 0.4697 current LCU per US$ of GDP | 0.4406 current LCU per US$ of GDP | 0.5328 current LCU per US$ of GDP | 5 |
Countries ranked near Montenegro
- 171 Kosovo 0.5007 current LCU per US$ of GDP compare
- 172 Azerbaijan 0.4856 current LCU per US$ of GDP compare
- 173 Brunei 0.4594 current LCU per US$ of GDP compare
- 175 Tonga 0.4131 current LCU per US$ of GDP compare
- 176 Lithuania 0.3952 current LCU per US$ of GDP compare
- 177 Latvia 0.3645 current LCU per US$ of GDP 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), per unit of gdp in Montenegro?
- Net domestic credit (current lcu), per unit of gdp in Montenegro was 0.4406 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest net domestic credit (current lcu), per unit of gdp recorded in Montenegro?
- The highest recorded value was 0.5955 current LCU per US$ of GDP in 2008.
- What is the lowest net domestic credit (current lcu), per unit of gdp recorded in Montenegro?
- The lowest recorded value was 0.0783 current LCU per US$ of GDP in 2002.
- How does Montenegro rank for net domestic credit (current lcu), per unit of gdp?
- Montenegro ranks 174th out of 186 countries with data for 2024.
- Is net domestic credit (current lcu), per unit of gdp rising or falling in Montenegro?
- Over the last ten years it is up 3.0%. The long-run trend across the full record is rising.
- Where does this Montenegro data come from?
- The figures come from Statizoid (derived), published as part of Net domestic credit (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
Net domestic credit (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Net domestic credit (current LCU) ÷ GDP (current US$)
Computed from
- Net domestic credit International Financial Statistics database, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
Net domestic credit (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.