NATIONAL PUBLIC DEBT Montenegro 2023

Public debt went up in Montenegro

In 2023 Montenegro public debt was 4,211 million euros4,555 million dollars, has increased 31150 million since 2022.

This amount means that the debt in 2023 reached 61.5% of Montenegro GDP, a 9.05 percentage point fall from 2022, when it was 70.55% of GDP.

If we check the tables we can see the evolution of Montenegro debt. It has risen since 2013 in global debt terms, when it was 1,972 million euros 2,620 million dollars and also in terms of GDP percentage, when it amounted to 58.65%.

According to the last data point published, Montenegro per capita debt in 2023 was 6,752 euros7,303 dollars per inhabitant. In 2022 it was 6,778 euros 7,143 dollars, afterwards dropping by 26 euros 160dollars, and if we again check 2013 we can see that then the debt per person was 3,173 euros4,215 dollars .

The position of Montenegro, as compared with the rest of the world, has improved in 2023 in terms of GDP percentage. Currently it is country number 114 in the list of debt to GDP and 125 in debt per capita, out of the 191 we publish.

In this page we show you the progression of the public debt in Montenegro. You can see debt in other countries in Public debt and see all the information about Montenegro in economy of Montenegro.

Montenegro: Evolution of debt
DateDebt (M.€.)Debt ($M)Debt (%GDP)Debt Per CapitaDebt Per Capita
20234,2114,55561.50%€6,752$7,303
20224,1804,40570.55%€6,778$7,143
20214,2435,02285.63%€6,869$8,131
20204,4935,127107.35%€7,238$8,260
20193,9014,36778.79%€6,273$7,023
20183,3523,96071.89%€5,387$6,365
20172,8463,21466.21%€4,573$5,164
20162,6252,90566.39%€4,218$4,668
20152,5132,78868.76%€4,039$4,481
20142,1912,91163.36%€3,522$4,680
20131,9722,62058.65%€3,173$4,215
20121,8092,32656.87%€2,914$3,746
20111,5862,20748.57%€2,557$3,558
20101,4071,86745.01%€2,270$3,012
20091,3081,82243.69%€2,113$2,944
20081,0611,56134.19%€1,719$2,529
20078541,17131.76%€1,387$1,902
200679699936.69%€1,295$1,626
200570087238.57%€1,142$1,421
200475794145.37%€1,234$1,535
200360868740.90%€993$1,123
20021,03097376.71%€1,687$1,594
Montenegro: Evolution of debt as a percentage of GDP

Montenegro: Evolution of debt in millions