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Montenegro Budget Deficit

General government net lending/borrowing as % of GDP  GGXCNL_NGDP

-3.53% −0.72% (-25.8%)
Year 2025 Rank #115 Global Peak 8.44% (2007) Source IMF WEO

Montenegro Budget Deficit (2002–2025)

Overview

Montenegro's budget deficit stood at -3.53% in 2025, a decline of +0.72% from 2024. The IMF projects -3.53% by 2025. Montenegro ranked 115th globally.

Data & projection

Year Budget Deficit YoY change Rank
2030* IMF -4.30% - -
2029* IMF -4.27% - -
2028* IMF -4.13% - -
2027* IMF -3.79% - -
2026* IMF -3.51% - -
2025* IMF -3.53% - -
2025 -3.53% −0.72% #115
2024 -2.81% −3.66% #92
2023 0.86% +4.92% #160
2022 -4.07% −2.35% #70
2021 -1.72% +9.29% #139
2020 -11.01% −9.27% #24
2019 -1.74% +4.56% #96
2018 -6.30% +0.59% #19
2017 -6.89% −0.68% #19
2016 -6.21% −0.18% #33
2015 -6.03% −5.33% #38
2014 -0.70% +3.84% #140
2013 -4.54% +1.33% #49
2012 -5.87% +0.92% #32
2011 -6.79% −1.91% #20
Show all years (2002-2025)
* IMF World Economic Outlook projection

Detected Pattern

Fiscal Dominance Trap
Government debt exceeding 80% of GDP with real interest rates negative and inflation above 10%. Monetary policy effectiveness impaired by fiscal pressures.
Inflation 13.0% Real rate -5.7%
Occurred 386 times, 278 successful
Inflation
28.2%
Real rate
-4.2%
Inflation
219.9%
Real rate
-47.4%
Inflation
28.3%
Real rate
-7.0%
Inflation
91.4%
Real rate
-26.9%
Inflation
13.6%
Real rate
-0.9%
Inflation
133.5%
Real rate
-17.3%

Analysis

Montenegro matched the Fiscal Dominance Trap pattern in 2022. Historically, 72% of countries showing this pattern (278 out of 386) saw budget deficit improve within 24 months. View full analysis →

Frequently Asked Questions

What is Montenegro's budget deficit?

Montenegro's budget deficit was -3.53% in 2025. Ranked 115th globally. This represents a 25.8% decrease from the previous year.

What was the highest budget deficit in Montenegro?

Montenegro's budget deficit peaked at 8.44% in 2007.

What was the lowest budget deficit in Montenegro?

The lowest budget deficit in Montenegro was -11.01% in 2020.

How does Montenegro rank in budget deficit?

Montenegro ranks 115th globally in budget deficit as of 2025.

What is the World Bank indicator code for budget deficit?

The World Bank indicator code is GGXCNL_NGDP. Data sourced from IMF WEO.

What is the projected budget deficit of Montenegro in 2025?

Montenegro's budget deficit is projected to reach -3.53% by 2025 based on IMF projection.

What is the budget deficit of Montenegro in 2025?

The budget deficit of Montenegro in 2025 was -3.53%. This ranks 115th in the world.

Cite this page

APA
Montenegro Budget Deficit. HistorySaid. Retrieved April 1, 2026, from https://historysaid.com/montenegro/budget-deficit
BibTeX
@misc{historysaid_montenegro_budget-deficit, title = {Montenegro Budget Deficit}, url = {https://historysaid.com/montenegro/budget-deficit}, publisher = {HistorySaid}, year = {2026} }