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MacroMontenegro

Government debt in Montenegro

How indebted is the state my taxes would go to?

Montenegro's government debt is 63.50 % — #76 of 125 countries on the atlas (lower is better). Period 2025.

63.50%

Checked 24 Oct 2026Period 2025

Source: IMF World Economic Outlook (general government gross debt, % of GDP)

The central government owes about 0.6 years' worth of the country's entire economic output.

Government debt in Montenegro over time

106.40 %67.30 %28.20 %106.40 % · 202028.20 % · 20072002: 85.70 %2003: 48.60 %2004: 45.40 %2005: 38.60 %2006: 32.40 %2007: 28.20 %2008: 31.20 %2009: 40.70 %2010: 42.00 %2011: 45.90 %2012: 53.60 %2013: 55.70 %2014: 60.10 %2015: 67.40 %2016: 64.70 %2017: 64.90 %2018: 71.00 %2019: 77.40 %2020: 106.40 %2021: 84.60 %2022: 69.00 %2023: 58.40 %2024: 59.80 %2025: 63.50 %20022013202563.50 %
24 official observations, 2002 → 2025. Every point is a published value — never interpolated.
Rank
#76 of 125
lower is better
Ranked behind
39 %
49 of 125 countries
Latest move
▲ 3.70 pp
since 2024
Below its peak
42.90 pp
peak 106.40 % in 2020
Full series
▼ 22.20 pp
since 2002

In Europe: #25 of 37vs median 54.70 %: +8.80 pp (worse)

Among 125 countries

6 of 125 countries between 12.30 % and 17.90 %2 of 125 countries between 17.90 % and 23.49 %10 of 125 countries between 23.49 % and 29.09 %11 of 125 countries between 29.09 % and 34.68 %8 of 125 countries between 34.68 % and 40.28 %9 of 125 countries between 40.28 % and 45.88 %7 of 125 countries between 45.88 % and 51.47 %13 of 125 countries between 51.47 % and 57.07 %8 of 125 countries between 57.07 % and 62.66 %10 of 125 countries between 62.66 % and 68.26 %4 of 125 countries between 68.26 % and 73.85 %3 of 125 countries between 73.85 % and 79.45 %7 of 125 countries between 79.45 % and 85.05 %6 of 125 countries between 85.05 % and 90.64 %2 of 125 countries between 90.64 % and 96.24 %6 of 125 countries between 96.24 % and 101.83 %2 of 125 countries between 101.83 % and 107.43 %1 of 125 countries between 107.43 % and 113.02 %2 of 125 countries between 113.02 % and 118.62 %1 of 125 countries between 124.22 % and 129.81 %2 of 125 countries between 135.41 % and 141.00 %5 of 125 countries between 141.00 % and 146.60 %median 54.70 %Montenegro: ahead of 39 % of the 125 countries with a published government debtMontenegro 63.50 %12.30 %146.60 %
Half of all 125 countries sit between 36.10 % and 81.70 %. Montenegro is ahead of 39 % of them. Axis trimmed to the 2nd–98th percentile; 5 values beyond it sit in the end bars.

The neighbourhood

#CountryGovernment debtvs Montenegro
74 Mexico61.70 %−1.80 pp
75 Germany62.70 %−0.80 pp
76 Montenegro63.50 %—
77 Thailand64.70 %+1.20 pp
78 Rwanda64.70 %+1.20 pp

General government gross debt as a share of GDP (IMF World Economic Outlook, annual).

How to read this figure

Central government debt as a share of GDP (World Bank). General government debt (including local government and social funds) can be meaningfully higher; comparisons across countries are indicative.

Next, about Montenegro

Debt per personGDP growthInflation rate
Government debt, all countries ranked →Compare Montenegro with another country →Everything about Montenegro →
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