Montenegro Gross Savings
Gross savings as % of GDP NY.GNS.ICTR.ZS
Montenegro's gross savings was 7.60% in 2025, ranked 151st globally. This represents a 13.5% decrease from 2024. Data from World Bank, covering 2001–2025.
Overview
Montenegro's gross savings stood at 7.60% in 2025, a decline of +1.19% from 2024. The IMF projects 7.60% by 2025. Montenegro ranked 151st globally.
Montenegro’s gross savings ratio has shown considerable volatility over the 25‑year series, falling from 8.67 percent in 2001 to a historic low of –8.68 percent in 2008 before surging to an all‑time peak of 16.48 percent in 2019, the year that marked the highest saving propensity among the sample. By 2025 the ratio had settled at 7.60 percent, ranking 151st globally and placing Montenegro just above Namibia’s 7.45 percent and below Tunisia’s 8.98 percent. The sharp decline in the late 2000s coincided with the global financial crisis, which reduced private sector income and heightened public deficits, while the post‑crisis rebound reflected improved fiscal balances and stronger export performance. Despite the recent moderation, the savings rate remains well below the 2019 peak, suggesting that sustaining higher domestic capital formation will depend on continued fiscal consolidation, structural reforms to boost household disposable income, and policies that encourage private investment.
Data & projection
| Year | Gross Savings | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 9.08% | - | - |
| 2029* IMF | 8.62% | - | - |
| 2028* IMF | 8.25% | - | - |
| 2027* IMF | 8.10% | - | - |
| 2026* IMF | 7.88% | - | - |
| 2025* IMF | 7.60% | - | - |
| 2025 | 7.60% | −1.19% | #151 |
| 2024 | 8.79% | −5.46% | #155 |
| 2023 | 14.25% | −0.45% | #144 |
| 2022 | 14.67% | −1.53% | #149 |
| 2021 | 16.19% | +12.41% | #141 |
| 2020 | 3.87% | −12.61% | #171 |
| 2019 | 16.48% | +2.36% | #140 |
| 2018 | 14.10% | +1.72% | #151 |
| 2017 | 12.40% | +3.74% | #163 |
| 2016 | 8.64% | +0.02% | #173 |
| 2015 | 8.62% | +1.58% | #172 |
| 2014 | 7.03% | −0.31% | #172 |
| 2013 | 7.35% | +2.61% | #161 |
| 2012 | 4.74% | +0.53% | #173 |
| 2011 | 4.20% | +3.17% | #172 |
Detected Pattern
Analysis
Montenegro matched the Fiscal Dominance Trap pattern in 2022. Historically, 72% of countries showing this pattern (278 out of 386) saw gross savings improve within 24 months. View full analysis →
Frequently Asked Questions
Montenegro's gross savings was 7.60% in 2025. Ranked 151st globally. This represents a 13.5% decrease from the previous year.
Montenegro's gross savings peaked at 16.48% in 2019.
The lowest gross savings in Montenegro was -8.68% in 2008.
Montenegro ranks 151st globally in gross savings as of 2025.
The World Bank indicator code is NY.GNS.ICTR.ZS. Data sourced from World Bank.
Montenegro's gross savings is projected to reach 7.60% by 2025 based on IMF projection.
The gross savings of Montenegro in 2025 was 7.60%. This ranks 151st in the world.
Cite this page
@misc{historysaid_montenegro_gross-savings,
title = {Montenegro Gross Savings},
url = {https://historysaid.com/montenegro/gross-savings/},
publisher = {HistorySaid},
year = {2026}
}