External debt — all countries

External debt — Montenegro

External debt in Montenegro in 2024 — 8,741,348,456 US$. Ranked 48 in the world out of 118. Since 2006, the indicator has risen by 893.5%.

2024 8.74B US$ +0.89% vs 2023
World rank 48of 118
Period maximum 10.52B US$2020
Period minimum 880M US$2006

Trend over time

2006–2024 · US$

External debt — Montenegro, 2006–202405B10B15B20062008201020122014201620182020202220242006: 879,825,840 US$2007: 1,299,340,650 US$2008: 1,502,099,049 US$2009: 2,356,696,743 US$2010: 4,502,976,941 US$2011: 5,524,651,522 US$2012: 6,175,932,505 US$2013: 7,387,914,608 US$2014: 6,759,453,970 US$2015: 6,674,238,727 US$2016: 6,277,162,867 US$2017: 7,292,384,357 US$2018: 8,107,921,805 US$2019: 8,438,759,319 US$2020: 10,523,512,118 US$2021: 9,637,917,250 US$2022: 8,806,406,768 US$2023: 8,664,556,534 US$2024: 8,741,348,456 US$
Change over the period: +7.86B (+893.53%) Average annual rate: 13.61 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Montenegro

Montenegro 8.74B US$
Upper-middle-income countries computed 6.08T US$
External debt — Montenegro, by year Montenegro All countries CSV XLSX
Year US$ Change Change, %
2024 8.74B +76.79M +0.89%
2023 8.66B −142M −1.61%
2022 8.81B −832M −8.63%
2021 9.64B −886M −8.42%
2020 10.52B +2.08B +24.7%
2019 8.44B +331M +4.08%
2018 8.11B +816M +11.18%
2017 7.29B +1.02B +16.17%
2016 6.28B −397M −5.95%
2015 6.67B −85.22M −1.26%
2014 6.76B −628M −8.51%
2013 7.39B +1.21B +19.62%
2012 6.18B +651M +11.79%
2011 5.52B +1.02B +22.69%
2010 4.5B +2.15B +91.07%
2009 2.36B +855M +56.89%
2008 1.5B +203M +15.6%
2007 1.3B +420M +47.68%
2006 880M

Southern Europe, 2024

The same indicator for neighboring countries — with links to their pages

About the indicator

Total external debt: the liabilities of a country's residents to non-residents in foreign and in national currency, covering public, publicly guaranteed and private debt. It differs from government debt fundamentally — it includes the borrowing of banks and corporations that the government does not guarantee but that turns out to be its problem in a crisis all the same.

Important: Only middle- and low-income countries report to the World Bank Debtor Reporting System, so the table holds about 130 of them. Aggregates for country groups are not computed: the sum over those present is the debt of developing countries, not of the world.

Source: World Development Indicators (World Bank), license CC BY 4.0.