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household debts in Montenegro

Gross debt in Montenegro

The government gross debt refers to the total of all sums of money that have to be paid to other countries, communities or institutions. Not included in the gross debt are the demands of a country to foreign ones.

The gross debt in Montenegro in the period from 2002 to 2020 was between 722.2 million and 4.9 billion USD. The highest level of the last years at five billion US Dollar was reached in 2020.

Based on the number of inhabitants, this is a debt of 7,929 USD per person. For comparison, the average debt per person in the same year in the European Union was 30,783 USD.


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Gross debt of the last 18 years in billion USD




YearMontenegro totalMontenegro per capitaEU per capita
20021.09 bn USD1,780 USD12,258 USD
20030.72 bn USD1,179 USD15,286 USD
20040.83 bn USD1,360 USD17,595 USD
20050.87 bn USD1,417 USD18,327 USD
20060.88 bn USD1,430 USD18,877 USD
20071.01 bn USD1,638 USD20,898 USD
20081.31 bn USD2,124 USD24,086 USD
20091.58 bn USD2,562 USD25,361 USD
20101.68 bn USD2,720 USD26,496 USD
20112.07 bn USD3,330 USD29,231 USD
20122.18 bn USD3,519 USD28,174 USD
20132.57 bn USD4,131 USD29,981 USD
20142.58 bn USD4,151 USD30,648 USD
20152.53 bn USD4,060 USD25,918 USD
20162.66 bn USD4,274 USD26,261 USD
20172.97 bn USD4,770 USD27,024 USD
20183.72 bn USD5,984 USD28,448 USD
20194.15 bn USD6,674 USD27,168 USD
20204.93 bn USD7,929 USD30,783 USD


Comparison of gross debt per capita with the European Union in U.S. dollars



      Montenegro       European Union


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