Net domestic credit (current LCU) in Montenegro
Montenegro: Net domestic credit (current LCU) was 3.65 billion current LCU in 2024. ▲ Rising
Net domestic credit in Montenegro, 2002–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Montenegro recorded 3.65 billion current LCU for net domestic credit in 2024. That is the highest value across all 23 years on record.
The figure is up 2.4% on the previous year and up 86.1% over ten years.
Over the whole period, net domestic credit in Montenegro peaked at 3.65 billion current LCU in 2024 and was at its lowest, 100.77 million current LCU, in 2002.
That places Montenegro 172nd out of 187 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) in Montenegro, year by year
| Year | current LCU | Change |
|---|---|---|
| 2002 | 100.77 million current LCU | — |
| 2003 | 200.41 million current LCU | +98.9% |
| 2004 | 283.97 million current LCU | +41.7% |
| 2005 | 318.44 million current LCU | +12.1% |
| 2006 | 770.72 million current LCU | +142.0% |
| 2007 | 2.10 billion current LCU | +171.9% |
| 2008 | 2.71 billion current LCU | +29.5% |
| 2009 | 2.27 billion current LCU | -16.4% |
| 2010 | 2.11 billion current LCU | -7.2% |
| 2011 | 2.00 billion current LCU | -5.2% |
| 2012 | 2.09 billion current LCU | +4.6% |
| 2013 | 2.01 billion current LCU | -3.8% |
| 2014 | 1.96 billion current LCU | -2.6% |
| 2015 | 2.14 billion current LCU | +9.2% |
| 2016 | 2.36 billion current LCU | +10.4% |
| 2017 | 2.52 billion current LCU | +6.9% |
| 2018 | 2.56 billion current LCU | +1.5% |
| 2019 | 2.44 billion current LCU | -4.7% |
| 2020 | 2.14 billion current LCU | -12.3% |
| 2021 | 2.66 billion current LCU | +24.4% |
| 2022 | 3.34 billion current LCU | +25.2% |
| 2023 | 3.56 billion current LCU | +6.7% |
| 2024 | 3.65 billion current LCU | +2.4% |
Montenegro compared with similar countries
- Montenegro's 3.65 billion current LCU is below the median for upper middle income countries, which is 1.08 trillion current LCU, 0% of the median. (55 countries reporting)
- Montenegro's 3.65 billion current LCU is below the median for Europe & Central Asia, which is 629.86 billion current LCU, 1% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where Net domestic credit (current LCU) 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 | +171.9% | 770.72 million current LCU | 2.10 billion current LCU |
| 2006 | +142.0% | 318.44 million current LCU | 770.72 million current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.09 billion current LCU | 100.77 million current LCU | 2.71 billion current LCU | 8 |
| 2010s | 2.22 billion current LCU | 1.96 billion current LCU | 2.56 billion current LCU | 10 |
| 2020s | 3.07 billion current LCU | 2.14 billion current LCU | 3.65 billion current LCU | 5 |
Countries ranked near Montenegro
- 169 Belize 4.15 billion current LCU compare
- 170 Aruba 4.03 billion current LCU compare
- 171 Lesotho 3.67 billion current LCU compare
- 173 Antigua and Barbuda 2.98 billion current LCU compare
- 174 Saint Lucia 2.95 billion current LCU compare
- 175 Sao Tome and Principe 2.66 billion current LCU 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 in Montenegro?
- Net domestic credit in Montenegro was 3.65 billion current LCU in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest net domestic credit recorded in Montenegro?
- The highest recorded value was 3.65 billion current LCU in 2024.
- What is the lowest net domestic credit recorded in Montenegro?
- The lowest recorded value was 100.77 million current LCU in 2002.
- How does Montenegro rank for net domestic credit?
- Montenegro ranks 172nd out of 187 countries with data for 2024.
- Is net domestic credit rising or falling in Montenegro?
- Over the last ten years it is up 86.1%. 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 Net domestic credit (current LCU). 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
Net domestic credit is the sum of net claims on the central government and claims on other sectors of the domestic economy. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.