Reserves excluding gold (SDR), annual growth rate in Montenegro

Montenegro: Reserves excluding gold (SDR), annual growth rate was 20.1 % change on previous year in 2025. ◆ Volatile

Latest (2025)
20.1 % change on previous year
Change on year
up 45.1%
World rank
37th
of 188 countries
All-time high
34.04 % change on previous year
in 2020
All-time low
-35.11 % change on previous year
in 2008
Years of data
18
2008–2025

Reserves excluding gold (SDR), annual growth rate in Montenegro, 2008–2025

-40-20020402008201620252008: -35.1 % change on previous year2009: 29.1 % change on previous year2010: -1.1 % change on previous year2011: -29.2 % change on previous year2012: 16.7 % change on previous year2013: 27.1 % change on previous year2014: 20.6 % change on previous year2015: 7.6 % change on previous year2016: 20 % change on previous year2017: 20.8 % change on previous year2018: 21.2 % change on previous year2019: 27.9 % change on previous year2020: 34 % change on previous year2021: -4.5 % change on previous year2022: 8.3 % change on previous year2023: -23.5 % change on previous year2024: 13.9 % change on previous year2025: 20.1 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Montenegro recorded 20.1 % change on previous year for reserves excluding gold (sdr), annual growth rate in 2025.

The figure is up 45.1% on the previous year and up 164.7% over ten years.

Over the whole period, reserves excluding gold (sdr), annual growth rate in Montenegro peaked at 34.04 % change on previous year in 2020 and was at its lowest, -35.11 % change on previous year, in 2008.

Montenegro ranks 37th of 188 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Reserves excluding gold (SDR), annual growth rate in Montenegro, year by year

Annual values for Reserves excluding gold (SDR), annual growth rate in Montenegro, 2008 to 2025.
Year % change on previous year Change
2008 -35.11 % change on previous year
2009 29.13 % change on previous year -183.0%
2010 -1.13 % change on previous year -103.9%
2011 -29.17 % change on previous year +2481.9%
2012 16.67 % change on previous year -157.2%
2013 27.12 % change on previous year +62.6%
2014 20.55 % change on previous year -24.2%
2015 7.59 % change on previous year -63.1%
2016 19.98 % change on previous year +163.1%
2017 20.84 % change on previous year +4.3%
2018 21.2 % change on previous year +1.7%
2019 27.9 % change on previous year +31.6%
2020 34.04 % change on previous year +22.0%
2021 -4.48 % change on previous year -113.1%
2022 8.3 % change on previous year -285.5%
2023 -23.52 % change on previous year -383.2%
2024 13.86 % change on previous year -158.9%
2025 20.1 % change on previous year +45.1%

Averages by decade

DecadeAverage LowestHighest Years
2000s -2.99 % change on previous year -35.11 % change on previous year 29.13 % change on previous year 2
2010s 13.16 % change on previous year -29.17 % change on previous year 27.9 % change on previous year 10
2020s 8.05 % change on previous year -23.52 % change on previous year 34.04 % change on previous year 6

Countries ranked near Montenegro

  1. 34 El Salvador 21.04 % change on previous year compare
  2. 35 Honduras 20.63 % change on previous year compare
  3. 36 Croatia 20.38 % change on previous year compare
  4. 38 Comoros 20.07 % change on previous year compare
  5. 39 Bhutan 18.54 % change on previous year compare
  6. 40 Eritrea 18.26 % change on previous year compare

See the full ranking of 208 places →

More financial sector data for Montenegro

All data for Montenegro →

Frequently asked questions

What is reserves excluding gold (sdr), annual growth rate in Montenegro?
Reserves excluding gold (sdr), annual growth rate in Montenegro was 20.1 % change on previous year in 2025, according to Statizoid (derived).
What is the highest reserves excluding gold (sdr), annual growth rate recorded in Montenegro?
The highest recorded value was 34.04 % change on previous year in 2020.
What is the lowest reserves excluding gold (sdr), annual growth rate recorded in Montenegro?
The lowest recorded value was -35.11 % change on previous year in 2008.
How does Montenegro rank for reserves excluding gold (sdr), annual growth rate?
Montenegro ranks 37th out of 188 countries with data for 2025.
Is reserves excluding gold (sdr), annual growth rate rising or falling in Montenegro?
Over the last ten years it is up 164.7%. 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 Reserves excluding gold (SDR), annual growth rate. Statizoid updates them automatically from the source API.

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Reserves excluding gold (SDR), annual growth rate in Montenegro. Statizoid, drawing on Statizoid (derived). Retrieved 24 August 2026, from https://financial-sector.statizoid.com/stat/reserves-excluding-gold-sdr-annual-growth-rate/montenegro/

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How this figure is calculated

The year-on-year percentage change in Reserves excluding gold (SDR). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Reserves excluding gold (SDR), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
208 places, 11,156 data points, 1951–2025
Last refreshed

The year-on-year percentage change in Reserves excluding gold (SDR). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.