Total reserves in months of imports in Montenegro

Montenegro: Total reserves in months of imports was 3.95 in 2025. ▲ Rising

Latest (2025)
3.95
Change on year
up 13.7%
World rank
99th
of 178 countries
All-time high
8.1
in 2020
All-time low
1.18
in 2008
Years of data
19
2007–2025

Total reserves in months of imports in Montenegro, 2007–2025

24682007201620252007: 2.52008: 1.22009: 2.32010: 2.42011: 1.52012: 1.92013: 2.42014: 2.72015: 3.12016: 3.22017: 3.62018: 3.62019: 4.72020: 8.12021: 62022: 52023: 3.42024: 3.52025: 3.9

Source: International Financial Statistics database, International Monetary Fund (IMF).

Analysis

In 2025, total reserves in months of imports in Montenegro stood at 3.95.

The figure is up 13.7% on the previous year and up 27.6% over ten years.

Over the whole period, total reserves in months of imports in Montenegro peaked at 8.1 in 2020 and was at its lowest, 1.18, in 2008.

That places Montenegro 99th out of 178 countries with data for 2025, putting it in the middle of the range.

The long-run direction has been consistently rising across the 19 years of available data.

Total reserves in months of imports in Montenegro, year by year

Annual values for Total reserves in months of imports in Montenegro, 2007 to 2025.
Year Value Change
2007 2.53
2008 1.18 -53.3%
2009 2.34 +98.3%
2010 2.38 +1.5%
2011 1.5 -36.8%
2012 1.9 +26.3%
2013 2.39 +25.8%
2014 2.66 +11.3%
2015 3.09 +16.4%
2016 3.16 +2.3%
2017 3.63 +14.9%
2018 3.64 +0.3%
2019 4.73 +29.8%
2020 8.1 +71.3%
2021 6.05 -25.3%
2022 5.02 -17.0%
2023 3.4 -32.1%
2024 3.47 +2.0%
2025 3.95 +13.7%

Averages by decade

DecadeAverage LowestHighest Years
2000s 2.02 1.18 2.53 3
2010s 2.91 1.5 4.73 10
2020s 5 3.4 8.1 6

Countries ranked near Montenegro

  1. 96 Namibia 3.96 compare
  2. 97 Bahamas 3.95 compare
  3. 98 Kyrgyzstan 3.95 compare
  4. 100 Bangladesh 3.91 compare
  5. 101 New Zealand 3.9 compare
  6. 102 Dominica 3.87 compare

See the full ranking of 225 places →

More financial sector data for Montenegro

All data for Montenegro →

Frequently asked questions

What is total reserves in months of imports in Montenegro?
Total reserves in months of imports in Montenegro was 3.95 in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
What is the highest total reserves in months of imports recorded in Montenegro?
The highest recorded value was 8.1 in 2020.
What is the lowest total reserves in months of imports recorded in Montenegro?
The lowest recorded value was 1.18 in 2008.
How does Montenegro rank for total reserves in months of imports?
Montenegro ranks 99th out of 178 countries with data for 2025.
Is total reserves in months of imports rising or falling in Montenegro?
Over the last ten years it is up 27.6%. The long-run trend across the full record is rising.
Where does this Montenegro data come from?
The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Total reserves in months of imports. Statizoid updates them automatically from the source API.

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Total reserves in months of imports in Montenegro. Statizoid, drawing on International Financial Statistics database, International Monetary Fund (IMF). Retrieved 02 September 2026, from https://financial-sector.statizoid.com/stat/total-reserves-in-months-of-imports/montenegro/

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About this data

Indicator
Total reserves in months of imports
Source
International Financial Statistics database, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
225 places, 9,249 data points, 1960–2025
Last refreshed

Reserve assets are external assets, including monetary gold, that are readily available to and controlled by monetary authorities for meeting balance of payments financing needs, for intervention in exchange markets to affect the currency exchange rate, and for other related purposes (such as maintaining confidence in the currency and the economy, and serving as a basis for foreign borrowing). Reserve assets must be denominated and settled in foreign currency. This item is expressed in terms of the number of months of imports of goods and services they could pay for [X/(Imports/12)].