Montenegro Lending Rate
Lending interest rate FR.INR.LEND
Montenegro's lending rate was 6.64% in 2025, ranked 72nd globally. This represents a 0.6% increase from 2024. Data from World Bank, covering 2005–2025.
Overview
Montenegro's lending rate stood at 6.64% in 2025, a rise of +0.04pp from 2024. Based on recent trends, this figure is projected to reach 6.64% by 2025. Montenegro ranked 72nd globally.
Montenegro’s lending rate has fallen sharply since the 2005 peak of 12.41%, reaching a trough of 5.64% in 2022 before climbing modestly to 6.64% in 2025, placing the country 72nd globally. The 21‑year series shows a long‑term downward trajectory driven by monetary‑policy easing and declining inflation after the global financial crisis, with the recent uptick reflecting tighter policy as the economy recovers from pandemic‑related disruptions. Compared with peers of similar ranking, Montenegro’s rate is marginally higher than Albania’s 6.58% and slightly lower than St. Vincent and the Grenadines’ 6.77%, indicating a competitive but still relatively tight credit environment in the Western Balkans. The persistence of lower rates suggests continued support for investment, yet any resurgence of inflationary pressures or external shocks could prompt the central bank to raise rates again, potentially altering the current easing trend.
Data & projection
| Year | Lending Rate | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 7.03% | - | - |
| 2026* trend | 6.84% | - | - |
| 2025* trend | 6.64% | - | - |
| 2025 | 6.64% | +0.04pp | #72 |
| 2024 | 6.60% | +0.25pp | #26 |
| 2023 | 6.35% | +0.71pp | #21 |
| 2022 | 5.64% | −0.12pp | #21 |
| 2021 | 5.76% | −0.15pp | #31 |
| 2020 | 5.91% | −0.27pp | #27 |
| 2019 | 6.18% | −0.35pp | #28 |
| 2018 | 6.53% | −0.67pp | #32 |
| 2017 | 7.20% | −0.78pp | #48 |
| 2016 | 7.97% | −0.96pp | #51 |
| 2015 | 8.93% | −0.48pp | #63 |
| 2014 | 9.41% | +0.02pp | #69 |
| 2013 | 9.39% | −0.17pp | #65 |
| 2012 | 9.56% | −0.12pp | #61 |
| 2011 | 9.69% | +0.16pp | #61 |
Detected Pattern
Analysis
Montenegro matched the Fiscal Dominance Trap pattern in 2022. Historically, 72% of countries showing this pattern (278 out of 386) saw lending rate improve within 24 months. View full analysis →
Frequently Asked Questions
Montenegro's lending rate was 6.64% in 2025. Ranked 72nd globally. This represents a 0.6% increase from the previous year.
Montenegro's lending rate peaked at 12.41% in 2005.
The lowest lending rate in Montenegro was 5.64% in 2022.
Montenegro ranks 72nd globally in lending rate as of 2025.
The World Bank indicator code is FR.INR.LEND. Data sourced from World Bank.
Montenegro's lending rate is projected to reach 6.64% by 2025 based on trend extrapolation.
The lending rate of Montenegro in 2025 was 6.64%. This ranks 72nd in the world.
Cite this page
@misc{historysaid_montenegro_lending-rate,
title = {Montenegro Lending Rate},
url = {https://historysaid.com/montenegro/lending-rate/},
publisher = {HistorySaid},
year = {2026}
}