Montenegro recorded a government debt equivalent to 62.27 percent of the country's Gross Domestic Product in 2018. source: Ministry of Finance, Republic of Montenegro

Government Debt to GDP in Montenegro averaged 51.02 percent from 2002 until 2018, reaching an all time high of 88.30 percent in 2002 and a record low of 26.80 percent in 2008. This page provides - Montenegro Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Montenegro Government Debt to GDP - values, historical data and charts - was last updated on November of 2020.

Government Debt to GDP in Montenegro is expected to reach 70.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Montenegro Government Debt to GDP is projected to trend around 73.00 percent in 2021 and 75.00 percent in 2022, according to our econometric models.

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Montenegro Government Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
62.27 62.50 88.30 26.80 2002 - 2018 percent Yearly

Montenegro Government Last Previous Highest Lowest Unit
Government Debt to GDP 62.27 62.50 88.30 26.80 percent [+]
Government Budget -2.00 -2.00 6.60 -7.20 percent of GDP [+]
Government Budget Value -217443988.18 -70514119.46 187654471.92 -302735891.71 EUR [+]
Government Spending 217589.00 172533.00 285085.00 132118.00 EUR Thousand [+]
Government Revenues 837077934.85 423413994.27 2150870317.26 165905908.20 EUR [+]
Government Debt 3133.68 3179.38 3179.38 700.40 EUR Million [+]
Fiscal Expenditure 1054521923.03 493928113.73 2248459025.50 174130466.74 EUR [+]
Credit Rating 35.00 [+]
Military Expenditure 77.50 65.70 77.50 56.40 USD Million [+]

Montenegro Government Debt to GDP
Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields.