Montenegro

Government debt in Montenegro

Government debt in Montenegro: 85.7% of GDP in 2002 and 63.5% of GDP in 2025, by IMF estimates.

Latest, 2025
63.5% of GDP
Since 2002
−22.2 percentage points
Rank, 2025
50 of 149
counting from the highest
Projected, 2031
64.9% of GDP
IMF projection (World Economic Outlook, October 2026)

% of GDP · IMF

Government debt in MontenegroGovernment debt in Montenegro: 85.7% of GDP in 2002 and 63.5% of GDP in 2025, by IMF estimates. The IMF projection (World Economic Outlook, October 2026) puts it at 64.9% of GDP in 2031.
Estimates, IMFIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • The IMF projection (World Economic Outlook, October 2026) puts it at 64.9% of GDP in 2031.
  • The highest was 106.4% of GDP in 2020, the lowest 28.3% of GDP in 2007.

Every year

% of GDP · IMF

YearMontenegro
202563.5
202459.8
202358.4
202269
202184.6
2020106.4
201977.4
201871
201764.9
201664.7
201567.4
201460.1
201355.7
201253.6
201145.9
201042
200940.7
200831.2
200728.3
200632.4
200538.6
200445.4
200348.7
200285.7
IMF projection (World Economic Outlook, October 2026) · 2026–2031
YearMontenegro
202666.8
202761.1
202861.8
202962.5
203063.7
203164.9

Good to know

  • What the government owes, as a share of the economy’s yearly output.
  • Source: IMF, World Economic Outlook, October 2026.
  • The dashed line is the IMF projection (World Economic Outlook, October 2026), a scenario rather than a forecast.
  • Ranks count the 149 countries with a value in 2025, highest first.

How the layers work, where their data comes from and what they can’t tell you: Countries through time

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