Montenegro recorded a government debt equivalent to 62.27 percent of the country's Gross Domestic Product in 2018. Montenegro Government Debt to GDP - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Government Debt to GDP in Montenegro averaged 51.02 percent from 2002 until 2018, reaching an all time high of 88.30 percent in 2002 and a record low of 26.80 percent in 2008. This page provides - Montenegro Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government Debt to GDP in Montenegro is expected to reach 70.20 percent by the end of 2020, 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 72.30 percent in 2021, according to our econometric models.


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Montenegro Government Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
62.27 62.50 88.30 26.80 2002 - 2018 percent Yearly


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.