External Debt in Montenegro
External debt was 114% of GDP in 2023, compared to 166% of GDP ten years earlier. External debt averaged 155% of GDP over the last decade, which was below the average for the region. For more external debt information, visit our dedicated page.
Montenegro External Debt Chart
Note: This chart displays External Debt (% of GDP) for Montenegro from 2013 to 2025.
Source: Macrobond.
Montenegro External Debt Data
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| External Debt (% of GDP) | 221 | 165 | 141 | 115 | 108 |
| External Debt (EUR bn) | 9.2 | 8.2 | 8.4 | 8.0 | 8.1 |