Services balance (credit less debit), Net (credits less debits) in Montenegro
Montenegro: Services balance (credit less debit), Net (credits less debits) was 1.72 billion in 2024. ▲ Rising
Services balance (credit less debit), Net (credits less debits) in Montenegro, 2007–2024
Source: International Monetary Fund.
Analysis
The most recent figure for services balance (credit less debit), net (credits less debits) in Montenegro is 1.72 billion, measured in 2024.
Compared with earlier readings it is down 5.9% on the previous year and up 87.8% over ten years.
Over the whole period, services balance (credit less debit), net (credits less debits) in Montenegro peaked at 1.83 billion in 2023 and was at its lowest, 204.39 million, in 2020.
That places Montenegro 61st out of 197 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 18 years of available data.
Services balance (credit less debit), Net (credits less debits) in Montenegro, year by year
| Year | Value | Change |
|---|---|---|
| 2007 | 539.41 million | — |
| 2008 | 585.28 million | +8.5% |
| 2009 | 586.20 million | +0.2% |
| 2010 | 614.79 million | +4.9% |
| 2011 | 841.71 million | +36.9% |
| 2012 | 769.62 million | -8.6% |
| 2013 | 863.94 million | +12.3% |
| 2014 | 918.48 million | +6.3% |
| 2015 | 876.27 million | -4.6% |
| 2016 | 859.21 million | -1.9% |
| 2017 | 988.75 million | +15.1% |
| 2018 | 1.09 billion | +10.7% |
| 2019 | 1.14 billion | +3.7% |
| 2020 | 204.39 million | -82.0% |
| 2021 | 1.13 billion | +451.2% |
| 2022 | 1.35 billion | +20.0% |
| 2023 | 1.83 billion | +35.6% |
| 2024 | 1.72 billion | -5.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 570.30 million | 539.41 million | 586.20 million | 3 |
| 2010s | 896.28 million | 614.79 million | 1.14 billion | 10 |
| 2020s | 1.25 billion | 204.39 million | 1.83 billion | 5 |
Countries ranked near Montenegro
More financial sector data for Montenegro
- Net domestic credit (current LCU), per capita 5,846 current LCU per person (2024)
- Net domestic credit (current LCU), per unit of GDP 0.4406 current LCU per US$ of GDP (2024)
- Net domestic credit (current LCU), annual growth rate 2.45 % change on previous year (2024)
- Gold reserves at 35 SDRs per ounce 0 SDR (2025)
- Gold reserves at market value 0 SDR (2025)
- Reserves excluding gold, foreign exchange 1.52 billion SDR (2025)
- Reserves excluding gold 1.60 billion SDR (2025)
- Total reserves (gold at market value) 1.60 billion SDR (2025)
- Total reserves (gold at national valuation) 1.60 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 2,574 SDR per person (2025)
Frequently asked questions
- What is services balance (credit less debit), net (credits less debits) in Montenegro?
- Services balance (credit less debit), net (credits less debits) in Montenegro was 1.72 billion in 2024, according to International Monetary Fund.
- What is the highest services balance (credit less debit), net (credits less debits) recorded in Montenegro?
- The highest recorded value was 1.83 billion in 2023.
- What is the lowest services balance (credit less debit), net (credits less debits) recorded in Montenegro?
- The lowest recorded value was 204.39 million in 2020.
- How does Montenegro rank for services balance (credit less debit), net (credits less debits)?
- Montenegro ranks 61st out of 197 countries with data for 2024.
- Is services balance (credit less debit), net (credits less debits) rising or falling in Montenegro?
- Over the last ten years it is up 87.8%. 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 Services balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 18 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.