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 2021 was between 722.2 million and 4.9 billion USD. The hightest level within the past 19 years was reached in 2020. However, the liabilities in 2021 have been only five billion USD

Based on the number of inhabitants, this is a debt of 7,813 USD per person. For comparison, the average debt per person in the same year in the European Union was 33,827 USD.

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Gross debt of the last 19 years in billion USD

YearMontenegro totalMontenegro per capitaEU per capita
20021.09 bn USD1,780 USD12,266 USD
20030.72 bn USD1,179 USD15,295 USD
20040.83 bn USD1,360 USD17,606 USD
20050.87 bn USD1,417 USD18,337 USD
20060.88 bn USD1,430 USD18,887 USD
20071.01 bn USD1,638 USD20,910 USD
20081.31 bn USD2,124 USD24,100 USD
20091.58 bn USD2,562 USD25,376 USD
20101.68 bn USD2,720 USD26,515 USD
20112.07 bn USD3,330 USD29,254 USD
20122.18 bn USD3,519 USD28,198 USD
20132.57 bn USD4,131 USD30,008 USD
20142.58 bn USD4,151 USD30,677 USD
20152.53 bn USD4,060 USD25,944 USD
20162.66 bn USD4,274 USD26,287 USD
20172.97 bn USD4,770 USD27,108 USD
20183.72 bn USD5,984 USD28,543 USD
20194.15 bn USD6,674 USD27,264 USD
20204.94 bn USD7,944 USD30,919 USD
20214.84 bn USD7,813 USD33,827 USD

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

      Montenegro       European Union

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