Broad money (% of GDP) — all countries

Broad money (% of GDP) — Montenegro

Broad money (% of GDP) in Montenegro in 2025 — 58.42%. Ranked 39 in the world out of 74. Since 2002, the indicator has risen by 47.14 pp.

2025 58.42% +1.57 pp vs 2024
World rank 39of 74
Period maximum 66.27%2007
Period minimum 11.27%2002

Trend over time

2002–2025 · % of GDP

Broad money (% of GDP) — Montenegro, 2002–20250204060802002200520082011201420172020202320252002: 11.27%2003: 12.05%2004: 13.35%2005: 22.52%2006: 41.34%2007: 66.27%2008: 51.64%2009: 48.86%2010: 48.2%2011: 47.31%2012: 52.16%2013: 51.08%2014: 53.88%2015: 57.09%2016: 57.23%2017: 59.85%2018: 57.05%2019: 52.69%2020: 59.94%2021: 58.34%2022: 59.41%2023: 55.94%2024: 56.85%2025: 58.42%
Change over the period: +47.14 pp Annual average: 2.05 pp
Broad money (% of GDP) — Montenegro, by year Montenegro All countries CSV XLSX
Year % Change, pp
2025 58.42 +1.57 pp
2024 56.85 +0.91 pp
2023 55.94 −3.47 pp
2022 59.41 +1.07 pp
2021 58.34 −1.6 pp
2020 59.94 +7.25 pp
2019 52.69 −4.36 pp
2018 57.05 −2.79 pp
2017 59.85 +2.61 pp
2016 57.23 +0.14 pp
2015 57.09 +3.21 pp
2014 53.88 +2.8 pp
2013 51.08 −1.08 pp
2012 52.16 +4.85 pp
2011 47.31 −0.88 pp
2010 48.2 −0.66 pp
2009 48.86 −2.78 pp
2008 51.64 −14.64 pp
2007 66.27 +24.93 pp
2006 41.34 +18.83 pp
2005 22.52 +9.17 pp
2004 13.35 +1.3 pp
2003 12.05 +0.78 pp
2002 11.27

About the indicator

Broad money, an aggregate close to M2/M3, as a percent of GDP: currency outside banks, demand deposits, time and savings deposits and, in a number of countries, short-term securities. The ratio to GDP is conventionally read as a measure of monetization and of the depth of the financial system, not as an indicator of inflationary pressure.

Source: World Economic Outlook (IMF), license IMF open data.