Services, Credit/Revenue in Montenegro
Montenegro: Services, Credit/Revenue was 2.92 billion in 2024. ▲ Rising
Services, Credit/Revenue in Montenegro, 2007–2024
Source: International Monetary Fund.
Analysis
Montenegro recorded 2.92 billion for services, credit/revenue in 2024.
The figure is down 2.7% on the previous year and up 112.9% over ten years.
Over the whole period, services, credit/revenue in Montenegro peaked at 2.99 billion in 2023 and was at its lowest, 778.47 million, in 2020.
Montenegro ranks 109th of 198 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 18 years of available data.
Services, Credit/Revenue in Montenegro, year by year
| Year | Value | Change |
|---|---|---|
| 2007 | 933.07 million | — |
| 2008 | 1.19 billion | +28.0% |
| 2009 | 1.05 billion | -11.8% |
| 2010 | 1.05 billion | -0.5% |
| 2011 | 1.27 billion | +21.4% |
| 2012 | 1.20 billion | -5.4% |
| 2013 | 1.32 billion | +9.5% |
| 2014 | 1.37 billion | +4.0% |
| 2015 | 1.35 billion | -1.6% |
| 2016 | 1.40 billion | +3.6% |
| 2017 | 1.59 billion | +13.9% |
| 2018 | 1.83 billion | +15.2% |
| 2019 | 1.90 billion | +3.9% |
| 2020 | 778.47 million | -59.1% |
| 2021 | 1.88 billion | +141.7% |
| 2022 | 2.37 billion | +25.9% |
| 2023 | 2.99 billion | +26.4% |
| 2024 | 2.92 billion | -2.7% |
Montenegro compared with similar countries
- Montenegro's 2.92 billion is below the median for upper middle income countries, which is 5.14 billion, 57% of the median. (54 countries reporting)
- Montenegro's 2.92 billion is below the median for Europe & Central Asia, which is 24.52 billion, 12% of the median. (50 countries reporting)
Biggest year-on-year movements
Years where Services, Credit/Revenue 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 |
|---|---|---|---|
| 2021 | +141.7% | 778.47 million | 1.88 billion |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.06 billion | 933.07 million | 1.19 billion | 3 |
| 2010s | 1.43 billion | 1.05 billion | 1.90 billion | 10 |
| 2020s | 2.19 billion | 778.47 million | 2.99 billion | 5 |
Countries ranked near Montenegro
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 services, credit/revenue in Montenegro?
- Services, credit/revenue in Montenegro was 2.92 billion in 2024, according to International Monetary Fund.
- What is the highest services, credit/revenue recorded in Montenegro?
- The highest recorded value was 2.99 billion in 2023.
- What is the lowest services, credit/revenue recorded in Montenegro?
- The lowest recorded value was 778.47 million in 2020.
- How does Montenegro rank for services, credit/revenue?
- Montenegro ranks 109th out of 198 countries with data for 2024.
- Is services, credit/revenue rising or falling in Montenegro?
- Over the last ten years it is up 112.9%. 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, Credit/Revenue (US dollar). Statizoid updates them automatically from the source API.
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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.