Montenegro recorded a Government Debt to GDP of 103.28 percent of the country's Gross Domestic Product in 2020. source: Ministry of Finance, Republic of Montenegro

Government Debt to GDP in Montenegro averaged 55.02 percent of GDP from 2002 until 2020, 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. 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 2021.

Government Debt to GDP in Montenegro is expected to reach 95.20 percent of GDP by the end of 2021, 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 85.80 percent of GDP in 2022 and 83.00 percent of GDP in 2023, according to our econometric models.

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Montenegro Government Debt to GDP


Related Last Previous Unit Reference
Government Debt to GDP 103.28 74.91 percent of GDP Dec/20
Government Debt 4097.44 4330.83 EUR Million Mar/21
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.