Government Debt to GDP in Montenegro increased to 74.91 percent in 2019 from 62.27 percent in 2018. source: Ministry of Finance, Republic of Montenegro

Government Debt to GDP in Montenegro averaged 52.34 percent from 2002 until 2019, 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 July of 2021.

Government Debt to GDP in Montenegro is expected to reach 95.20 percent 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 in 2022 and 83.00 percent in 2023, according to our econometric models.

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Montenegro Government Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
74.91 62.27 88.30 26.80 2002 - 2019 percent of GDP Yearly

Montenegro Government Last Previous Highest Lowest Unit
Government Debt to GDP 74.91 62.27 88.30 26.80 percent of GDP [+]
Government Budget -2.00 -4.60 6.60 -7.30 percent of GDP [+]
Government Budget Value -217443988.18 -70514119.46 187654471.92 -302735891.71 EUR [+]
Government Spending 177686.00 278740.00 283523.00 132118.00 EUR Thousand [+]
Government Revenues 837077934.85 423413994.27 2150870317.26 165905908.20 EUR [+]
Government Debt 4097.44 4330.83 4330.83 700.40 EUR Million [+]
Fiscal Expenditure 1054521923.03 493928113.73 2248459025.50 174130466.74 EUR [+]
Credit Rating 35.00 [+]
Military Expenditure 100.30 77.70 100.30 58.00 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.