Montenegro recorded a Government Debt to GDP of 69.46 percent of the country's Gross Domestic Product in 2022. Government Debt to GDP in Montenegro averaged 57.06 percent of GDP from 2002 until 2022, reaching an all time high of 103.28 percent of GDP in 2020 and a record low of 26.80 percent of GDP in 2008. source: Ministry of Finance, Republic of Montenegro

Government Debt to GDP in Montenegro is expected to reach 69.00 percent of GDP by the end of 2023, 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 68.00 percent of GDP in 2024 and 69.00 percent of GDP in 2025, according to our econometric models.

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Montenegro Government Debt to GDP


Related Last Previous Unit Reference
Government Debt to GDP 69.46 83.27 percent of GDP Dec 2022
Government Budget -5.10 -1.90 percent of GDP Dec 2022
Government Budget Value -217443988.18 -70514119.46 EUR Jun 2020
Government Spending 265687.00 252348.00 EUR Thousand Sep 2023
Government Revenues 837077934.85 423413994.27 EUR Jun 2020
Government Debt 3986.76 4024.47 EUR Million Sep 2023
Fiscal Expenditure 1054521923.03 493928113.73 EUR Jun 2020
Credit Rating 35.00 Feb 2024
Military Expenditure 98.00 91.10 USD Million Dec 2022
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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.
Actual Previous Highest Lowest Dates Unit Frequency
69.46 83.27 103.28 26.80 2002 - 2022 percent of GDP Yearly