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MacroMontenegro

Government debt in Montenegro

How indebted is the state my taxes would go to?

Montenegro's government debt is 67.10 % — #81 of 124 countries on the atlas (lower is better). Period 2025.

67.10%

Checked 8 Sept 2026Period 2025

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

The central government owes about 0.7 years' worth of the country's entire economic output.

Government debt in Montenegro over time

108.40 %70.10 %31.80 %108.40 % · 202031.80 % · 20072002: 85.70 %2003: 48.60 %2004: 45.40 %2005: 38.60 %2006: 36.70 %2007: 31.80 %2008: 34.20 %2009: 43.90 %2010: 45.10 %2011: 49.00 %2012: 57.10 %2013: 59.20 %2014: 63.60 %2015: 69.50 %2016: 66.70 %2017: 66.90 %2018: 72.90 %2019: 79.60 %2020: 108.40 %2021: 86.20 %2022: 70.30 %2023: 59.60 %2024: 60.80 %2025: 67.10 %20022013202567.10 %
24 official observations, 2002 → 2025. Every point is a published value — never interpolated.
Rank
#81 of 124
lower is better
Ranked behind
35 %
43 of 124 countries
Latest move
▲ 6.30 pp
since 2024
Below its peak
41.30 pp
peak 108.40 % in 2020
Full series
▼ 18.60 pp
since 2002

In Europe: #26 of 37vs median 54.55 %: +12.55 pp (worse)

Among 124 countries

5 of 124 countries between 12.30 % and 17.86 %4 of 124 countries between 17.86 % and 23.42 %9 of 124 countries between 23.42 % and 28.97 %9 of 124 countries between 28.97 % and 34.53 %9 of 124 countries between 34.53 % and 40.09 %11 of 124 countries between 40.09 % and 45.65 %8 of 124 countries between 45.65 % and 51.21 %11 of 124 countries between 51.21 % and 56.77 %8 of 124 countries between 56.77 % and 62.32 %7 of 124 countries between 62.32 % and 67.88 %6 of 124 countries between 67.88 % and 73.44 %5 of 124 countries between 73.44 % and 79.00 %6 of 124 countries between 79.00 % and 84.56 %7 of 124 countries between 84.56 % and 90.12 %2 of 124 countries between 90.12 % and 95.67 %3 of 124 countries between 95.67 % and 101.23 %4 of 124 countries between 101.23 % and 106.79 %1 of 124 countries between 106.79 % and 112.35 %2 of 124 countries between 112.35 % and 117.91 %1 of 124 countries between 123.47 % and 129.02 %2 of 124 countries between 134.58 % and 140.14 %4 of 124 countries between 140.14 % and 145.70 %median 54.40 %Montenegro: ahead of 35 % of the 124 countries with a published government debtMontenegro 67.10 %12.30 %145.70 %
Half of all 124 countries sit between 36.00 % and 80.30 %. Montenegro is ahead of 35 % of them. Axis trimmed to the 2nd–98th percentile; 5 values beyond it sit in the end bars.

The neighbourhood

#CountryGovernment debtvs Montenegro
79 Slovenia65.90 %−1.20 pp
80 Morocco67.10 %—
81 Montenegro67.10 %—
82 Belize67.90 %+0.80 pp
83 Israel68.50 %+1.40 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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