Back to overview ↗

Government debt

Montenegro

Montenegro. General government gross debt. Put borrowing in the context of the economy and explore how it has changed over time.

Debt / GDP · 202563.5%History / IMF estimates
Debt, US$ bn · 20255.9History / IMF estimates
Per person, US$ · 20259,391History / IMF estimates
GDP, US$ bn · 20259.2History / IMF estimates

What the figures show

History / IMF estimates

Montenegro: IMF data and estimates put government debt at 63.5% of GDP in 2025. The derived debt amount is US$ 5.9 billion.

  • The debt-to-GDP ratio is 3.7 percentage points above its 2024 level.
  • This is above the median of 52.85% of GDP across 192 countries with data for the selected year.
  • Over 2015–2025, the debt-to-GDP ratio decreases by 3.9 percentage points.

The median is not weighted by economic size. A change in the debt-to-GDP ratio does not necessarily imply the same change in the debt amount. About the data ↗

Government debt over time

Debt as % of GDP. Dashed lines: current-year estimate/projection and future projections.

Government debt over time038751131502000200520102015202020252031Montenegro · 2002: 85.7% — History / IMF estimatesMontenegro · 2003: 48.6% — History / IMF estimatesMontenegro · 2004: 45.4% — History / IMF estimatesMontenegro · 2005: 38.6% — History / IMF estimatesMontenegro · 2006: 32.4% — History / IMF estimatesMontenegro · 2007: 28.2% — History / IMF estimatesMontenegro · 2008: 31.2% — History / IMF estimatesMontenegro · 2009: 40.7% — History / IMF estimatesMontenegro · 2010: 42.0% — History / IMF estimatesMontenegro · 2011: 45.9% — History / IMF estimatesMontenegro · 2012: 53.6% — History / IMF estimatesMontenegro · 2013: 55.7% — History / IMF estimatesMontenegro · 2014: 60.1% — History / IMF estimatesMontenegro · 2015: 67.4% — History / IMF estimatesMontenegro · 2016: 64.7% — History / IMF estimatesMontenegro · 2017: 64.9% — History / IMF estimatesMontenegro · 2018: 71.0% — History / IMF estimatesMontenegro · 2019: 77.4% — History / IMF estimatesMontenegro · 2020: 106.4% — History / IMF estimatesMontenegro · 2021: 84.6% — History / IMF estimatesMontenegro · 2022: 69.0% — History / IMF estimatesMontenegro · 2023: 58.4% — History / IMF estimatesMontenegro · 2024: 59.8% — History / IMF estimatesMontenegro · 2025: 63.5% — History / IMF estimatesMontenegro · 2026: 66.8% — IMF estimate / projectionMontenegro · 2027: 61.1% — IMF projectionMontenegro · 2028: 61.8% — IMF projectionMontenegro · 2029: 62.4% — IMF projectionMontenegro · 2030: 63.7% — IMF projectionMontenegro · 2031: 64.9% — IMF projection
Chart data table
YearMontenegro (%)Source
203164.9IMF projection
203063.7IMF projection
202962.4IMF projection
202861.8IMF projection
202761.1IMF projection
202666.8IMF estimate / projection
202563.5History / IMF estimates
202459.8History / IMF estimates
202358.4History / IMF estimates
202269.0History / IMF estimates
202184.6History / IMF estimates
2020106.4History / IMF estimates
201977.4History / IMF estimates
201871.0History / IMF estimates
201764.9History / IMF estimates
201664.7History / IMF estimates
201567.4History / IMF estimates
201460.1History / IMF estimates
201355.7History / IMF estimates
201253.6History / IMF estimates
201145.9History / IMF estimates
201042.0History / IMF estimates
200940.7History / IMF estimates
200831.2History / IMF estimates
200728.2History / IMF estimates
200632.4History / IMF estimates
200538.6History / IMF estimates
200445.4History / IMF estimates
200348.6History / IMF estimates
200285.7History / IMF estimates
2001—History / IMF estimates
2000—History / IMF estimates

The DataMapper API does not provide the actual/estimate cutoff for each country and series. Past years are therefore labelled history/IMF estimates, the current year estimate/projection, and later years projections. Historical values can be revised. There is no simulated real-time debt counter.

Source: IMF WEO · World Economic Outlook (October 2026) · Retrieved 2026-11-01. About the data