Montenegro recorded a Government Debt to GDP of 57.90 percent of the country's Gross Domestic Product in 2025. Government Debt to GDP in Montenegro averaged 57.45 percent of GDP from 2002 until 2025, 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 62.00 percent of GDP by the end of 2026, 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 62.90 percent of GDP in 2027 and 64.00 percent of GDP in 2028, according to our econometric models.



Related Last Previous Unit Reference
Credit Rating 37.00 Jun 2026
Government Budget -3.20 0.20 percent of GDP Dec 2024
Government Debt 5106.00 5158.96 EUR Million Mar 2026
Government Debt to GDP 57.90 61.00 percent of GDP Dec 2025
Government Spending 315.62 398.97 EUR Million Mar 2026
Holidays
Military Expenditure 176.50 150.10 USD Million Dec 2025


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
57.90 61.00 103.28 26.80 2002 - 2025 percent of GDP Yearly