Home Montenegro Government Government Debt to GDP

Montenegro Government Debt to GDP

General government gross debt as % of GDP  GGXWDG_NGDP

60.79% +0.04% (+0.1%)
Year 2025 Rank #72 Global Peak 108.40% (2020) Source IMF WEO

Montenegro Government Debt to GDP (2002–2025)

Overview

Montenegro's government debt to gdp stood at 60.79% in 2025, a rise of +0.04% from 2024. The IMF projects 60.79% by 2025. Montenegro ranked 72nd globally.

Data & projection

Year Government Debt to GDP YoY change Rank
2030* IMF 64.80% - -
2029* IMF 63.23% - -
2028* IMF 62.22% - -
2027* IMF 61.72% - -
2026* IMF 61.56% - -
2025* IMF 60.79% - -
2025 60.79% +0.04% #72
2024 60.76% +1.19% #112
2023 59.57% −10.74% #108
2022 70.31% −15.87% #130
2021 86.18% −22.22% #149
2020 108.40% +28.77% #164
2019 79.64% +6.78% #153
2018 72.86% +5.93% #149
2017 66.93% +0.25% #140
2016 66.69% −2.83% #138
2015 69.51% +5.96% #148
2014 63.56% +4.32% #143
2013 59.23% +2.14% #141
2012 57.09% +8.12% #139
2011 48.97% +3.90% #124
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 government debt to gdp improve within 24 months. View full analysis →

Frequently Asked Questions

What is Montenegro's government debt to gdp?

Montenegro's government debt to gdp was 60.79% in 2025. Ranked 72nd globally. This represents a 0.1% increase from the previous year.

What was the highest government debt to gdp in Montenegro?

Montenegro's government debt to gdp peaked at 108.40% in 2020.

What was the lowest government debt to gdp in Montenegro?

The lowest government debt to gdp in Montenegro was 31.78% in 2007.

How does Montenegro rank in government debt to gdp?

Montenegro ranks 72nd globally in government debt to gdp as of 2025.

What is the World Bank indicator code for government debt to gdp?

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

What is the projected government debt to gdp of Montenegro in 2025?

Montenegro's government debt to gdp is projected to reach 60.79% by 2025 based on IMF projection.

What is the government debt to gdp of Montenegro in 2025?

The government debt to gdp of Montenegro in 2025 was 60.79%. This ranks 72nd in the world.

Cite this page

APA
Montenegro Government Debt to GDP. HistorySaid. Retrieved April 1, 2026, from https://historysaid.com/montenegro/government-debt-to-gdp
BibTeX
@misc{historysaid_montenegro_government-debt-to-gdp, title = {Montenegro Government Debt to GDP}, url = {https://historysaid.com/montenegro/government-debt-to-gdp}, publisher = {HistorySaid}, year = {2026} }