Outstanding Deposits, Commercial Banks, of Which: Household Sector in Montenegro
Montenegro: Outstanding Deposits, Commercial Banks, of Which: Household Sector was 2.15 billion in 2024. ▲ Rising
Outstanding Deposits, Commercial Banks, of Which: Household Sector in Montenegro, 2004–2024
Source: International Monetary Fund.
Analysis
Montenegro recorded 2.15 billion for outstanding deposits, commercial banks, of which: household sector in 2024. That is the highest value across all 21 years on record.
That represents a change of up 13.4% on the previous year and up 117.6% over ten years.
Over the whole period, outstanding deposits, commercial banks, of which: household sector in Montenegro peaked at 2.15 billion in 2024 and was at its lowest, 75.21 million, in 2004.
Montenegro ranks 114th of 127 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 21 years of available data.
Outstanding Deposits, Commercial Banks, of Which: Household Sector in Montenegro, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 75.21 million | — |
| 2005 | 158.81 million | +111.2% |
| 2006 | 422.05 million | +165.7% |
| 2007 | 851.16 million | +101.7% |
| 2008 | 678.91 million | -20.2% |
| 2009 | 654.38 million | -3.6% |
| 2010 | 738.03 million | +12.8% |
| 2011 | 791.28 million | +7.2% |
| 2012 | 864.29 million | +9.2% |
| 2013 | 931.87 million | +7.8% |
| 2014 | 990.30 million | +6.3% |
| 2015 | 1.05 billion | +6.0% |
| 2016 | 1.11 billion | +5.6% |
| 2017 | 1.23 billion | +11.1% |
| 2018 | 1.33 billion | +7.8% |
| 2019 | 1.32 billion | -0.8% |
| 2020 | 1.25 billion | -4.7% |
| 2021 | 1.44 billion | +15.0% |
| 2022 | 1.70 billion | +17.9% |
| 2023 | 1.90 billion | +11.7% |
| 2024 | 2.15 billion | +13.4% |
Montenegro compared with similar countries
- Montenegro's 2.15 billion is below the median for upper middle income countries, which is 343.07 billion, 1% of the median. (40 countries reporting)
- Montenegro's 2.15 billion is below the median for Europe & Central Asia, which is 420.44 billion, 1% of the median. (46 countries reporting)
Biggest year-on-year movements
Years where Outstanding Deposits, Commercial Banks, of Which: Household Sector 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 | +165.7% | 158.81 million | 422.05 million |
| 2005 | +111.2% | 75.21 million | 158.81 million |
| 2007 | +101.7% | 422.05 million | 851.16 million |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 473.42 million | 75.21 million | 851.16 million | 6 |
| 2010s | 1.04 billion | 738.03 million | 1.33 billion | 10 |
| 2020s | 1.69 billion | 1.25 billion | 2.15 billion | 5 |
Countries ranked near Montenegro
- 111 Fiji 3.35 billion compare
- 112 Antigua and Barbuda 3.03 billion compare
- 113 Saint Lucia 2.50 billion compare
- 115 Grenada 2.13 billion compare
- 116 San Marino 2.10 billion compare
- 117 Saint Kitts and Nevis 1.72 billion 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 outstanding deposits, commercial banks, of which: household sector in Montenegro?
- Outstanding deposits, commercial banks, of which: household sector in Montenegro was 2.15 billion in 2024, according to International Monetary Fund.
- What is the highest outstanding deposits, commercial banks, of which: household sector recorded in Montenegro?
- The highest recorded value was 2.15 billion in 2024.
- What is the lowest outstanding deposits, commercial banks, of which: household sector recorded in Montenegro?
- The lowest recorded value was 75.21 million in 2004.
- How does Montenegro rank for outstanding deposits, commercial banks, of which: household sector?
- Montenegro ranks 114th out of 127 countries with data for 2024.
- Is outstanding deposits, commercial banks, of which: household sector rising or falling in Montenegro?
- Over the last ten years it is up 117.6%. The long-run trend across the full record is rising.
- Where does this Montenegro data come from?
- The figures come from International Monetary Fund, published as part of Outstanding Deposits, Commercial Banks, of Which: Household Sector Deposits. Statizoid updates them automatically from the source API.
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About this data
Gender-disaggregated data on access to and use of financial services.