Montenegro Government Debt to GDP

Montenegro recorded a government debt equivalent to 62.50 percent of the country's Gross Domestic Product in 2017. Government Debt to GDP in Montenegro averaged 50.31 percent from 2002 until 2017, reaching an all time high of 88.30 percent in 2002 and a record low of 26.80 percent in 2008.

Government Debt to GDP in Montenegro is expected to be 66.70 percent by the end of this quarter, 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 70.20 percent in 2020, according to our econometric models.

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Montenegro Government	Last	Previous	Highest	Lowest	Unit
Government Debt to GDP	62.50	63.70	88.30	26.80	percent	[+]
Government Budget	-2.00	-7.20	6.60	-7.20	percent of GDP	[+]
Government Budget Value	-25335453.29	-85190520.34	187654471.92	-303886124.31	EUR	[+]
Government Spending	194981.00	163619.00	249154.00	132118.00	EUR Thousand	[+]
Government Revenues	1273059280.88	763781831.84	1785041971.06	165905908.20	EUR	[+]
Government Debt	3105.01	2665.27	3105.01	700.40	EUR Million	[+]
Fiscal Expenditure	1298394734.17	848972352.18	2012876110.86	174130466.74	EUR	[+]
Military Expenditure	71.70	61.70	74.00	54.30	USD Million	[+]
Credit Rating	40.00					[+]

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. This page provides - Montenegro Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Montenegro Government Debt to GDP - actual data, historical chart and calendar of releases - was last updated on December of 2018.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	62.50	63.70	88.30	26.80	2002 - 2017	percent	Yearly

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Country	Last		Previous	Range
Japan	253.00	Dec/17	250	253 : 50.6	%
Italy	131.80	Dec/17	132	132 : 90.5	%
Singapore	110.60	Dec/17	112	112 : 67.4	%
United States	105.40	Dec/17	106	119 : 31.7	%
Spain	98.30	Dec/17	99	100 : 16.6	%
France	97.00	Dec/17	96.6	97 : 20.7	%
Canada	89.60	Dec/17	92.4	101 : 45.1	%
Euro Area	86.70	Dec/17	89	91.9 : 64.9	%
United Kingdom	85.30	Dec/17	82.6	85.3 : 21.7	%
Brazil	74.04	Dec/17	69.95	74.04 : 51.27	%
India	68.70	Dec/17	69.6	84.2 : 66	%
Germany	64.10	Dec/17	68.2	81 : 54.7	%
Argentina	57.10	Dec/17	53.3	167 : 34.5	%
Netherlands	56.70	Dec/17	61.8	73.5 : 42.7	%
South Africa	53.10	Dec/17	51.6	53.1 : 27.8	%
China	47.60	Dec/17	44.3	47.6 : 20.4	%
Mexico	46.40	Dec/17	48.2	48.2 : 17.1	%
Australia	41.90	Dec/17	41	41.9 : 9.7	%
South Korea	38.00	Dec/17	38.3	38.3 : 8.24	%
Switzerland	29.70	Dec/17	29.1	48.9 : 25.1	%
Indonesia	28.70	Dec/17	27.9	87.43 : 22.96	%
Turkey	28.30	Dec/17	28.3	76.1 : 27.6	%
Saudi Arabia	17.20	Dec/17	13.1	104 : 1.6	%
Russia	12.60	Dec/17	12.9	92.1 : 7.4	%