Reserves excluding gold in Montenegro
Montenegro: Reserves excluding gold was 1.60 billion SDR in 2025. ◆ Volatile
Reserves excluding gold in Montenegro, 2007–2025
Source: International Monetary Fund. Measured in SDR.
Analysis
Montenegro recorded 1.60 billion SDR for reserves excluding gold in 2025. That is the highest value across all 19 years on record.
That represents a change of up 20.1% on the previous year and up 225.9% over ten years.
Over the whole period, reserves excluding gold in Montenegro peaked at 1.60 billion SDR in 2025 and was at its lowest, 255.78 million SDR, in 2011.
Montenegro ranks 126th of 188 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Reserves excluding gold in Montenegro, year by year
| Year | SDR | Change |
|---|---|---|
| 2007 | 435.90 million SDR | — |
| 2008 | 282.85 million SDR | -35.1% |
| 2009 | 365.26 million SDR | +29.1% |
| 2010 | 361.13 million SDR | -1.1% |
| 2011 | 255.78 million SDR | -29.2% |
| 2012 | 298.43 million SDR | +16.7% |
| 2013 | 379.36 million SDR | +27.1% |
| 2014 | 457.32 million SDR | +20.6% |
| 2015 | 492.05 million SDR | +7.6% |
| 2016 | 590.37 million SDR | +20.0% |
| 2017 | 713.39 million SDR | +20.8% |
| 2018 | 864.61 million SDR | +21.2% |
| 2019 | 1.11 billion SDR | +27.9% |
| 2020 | 1.48 billion SDR | +34.0% |
| 2021 | 1.42 billion SDR | -4.5% |
| 2022 | 1.53 billion SDR | +8.3% |
| 2023 | 1.17 billion SDR | -23.5% |
| 2024 | 1.34 billion SDR | +13.9% |
| 2025 | 1.60 billion SDR | +20.1% |
Montenegro compared with similar countries
- Montenegro's 1.60 billion SDR is below the median for upper middle income countries, which is 5.12 billion SDR, 31% of the median. (56 countries reporting)
- Montenegro's 1.60 billion SDR is below the median for Europe & Central Asia, which is 10.01 billion SDR, 16% of the median. (49 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 361.34 million SDR | 282.85 million SDR | 435.90 million SDR | 3 |
| 2010s | 551.83 million SDR | 255.78 million SDR | 1.11 billion SDR | 10 |
| 2020s | 1.42 billion SDR | 1.17 billion SDR | 1.60 billion SDR | 6 |
Countries ranked near Montenegro
- 123 Bahamas 2.05 billion SDR compare
- 124 Luxembourg 2.00 billion SDR compare
- 125 Estonia 1.76 billion SDR compare
- 127 Mauritania 1.46 billion SDR compare
- 128 Kyrgyzstan 1.45 billion SDR compare
- 129 Rwanda 1.43 billion SDR 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 reserves excluding gold in Montenegro?
- Reserves excluding gold in Montenegro was 1.60 billion SDR in 2025, according to International Monetary Fund.
- What is the highest reserves excluding gold recorded in Montenegro?
- The highest recorded value was 1.60 billion SDR in 2025.
- What is the lowest reserves excluding gold recorded in Montenegro?
- The lowest recorded value was 255.78 million SDR in 2011.
- How does Montenegro rank for reserves excluding gold?
- Montenegro ranks 126th out of 188 countries with data for 2025.
- Is reserves excluding gold rising or falling in Montenegro?
- Over the last ten years it is up 225.9%. The long-run trend across the full record is volatile.
- Where does this Montenegro data come from?
- The figures come from International Monetary Fund, published as part of Reserves excluding gold (SDR). Statizoid updates them automatically from the source API.
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About this data
International liquidity consists of all the resources that are available to the monetary authorities of countries for the purpose of meeting balance of payments financing needs.