Montenegro recorded a government debt equivalent to 62.27 percent of the country's Gross Domestic Product in 2018. 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.

Government Debt to GDP in Montenegro is expected to be 68.70 percent by the end of this quarter, 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 2020, according to our econometric models.

Montenegro Government Debt to GDP
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Montenegro Government Last Previous Highest Lowest Unit
Government Debt to GDP 62.27 62.50 88.30 26.80 percent [+]
Government Budget -2.00 -2.00 6.60 -7.20 percent of GDP [+]
Government Budget Value -159232125.00 -25335453.29 187654471.92 -303886124.31 EUR [+]
Government Spending 170165.00 255721.00 255721.00 132118.00 EUR Thousand [+]
Government Revenues 1746354111.66 1273059280.88 1785041971.06 165905908.20 EUR [+]
Government Debt 3093.90 3105.01 3105.01 700.40 EUR Million [+]
Fiscal Expenditure 1905586236.66 1298394734.17 2012876110.86 174130466.74 EUR [+]
Military Expenditure 77.50 65.70 77.50 56.40 USD Million [+]
Credit Rating 40.00 [+]


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. This page provides - Montenegro Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Montenegro Government Debt to GDP - actual data, historical chart and calendar of releases - was last updated on August of 2019.

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




Country Last Previous
Japan 253.00 Dec/17
Italy 132.20 Dec/18
Singapore 112.20 Dec/18
United States 106.10 Dec/18
France 98.40 Dec/18
Spain 97.10 Dec/18
Canada 90.60 Dec/18
Argentina 86.20 Dec/18
Euro Area 85.10 Dec/18
United Kingdom 84.70 Dec/18
Brazil 77.22 Dec/18
India 68.70 Dec/17
Germany 60.90 Dec/18
South Africa 55.80 Dec/18
Netherlands 52.40 Dec/18
China 50.50 Dec/18
Mexico 46.00 Dec/18
Australia 40.70 Dec/18
South Korea 36.60 Dec/18
Turkey 30.40 Dec/18
Indonesia 29.80 Dec/18
Switzerland 27.70 Dec/18
Saudi Arabia 19.10 Dec/18
Russia 13.50 Dec/17


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