Total debt service in Montenegro

Montenegro: Total debt service was 10.3% in 2023. ◆ Volatile

Latest (2023)
10.3%
Change on year
down 31.6%
World rank
18th
of 119 countries
All-time high
19.3%
in 2015
All-time low
1.5%
in 2006
Years of data
18
2006–2023

Total debt service in Montenegro, 2006–2023

051015202006201420232006: 1.5 % of GNI2007: 4.5 % of GNI2008: 1.5 % of GNI2009: 1.6 % of GNI2010: 2.3 % of GNI2011: 5.9 % of GNI2012: 7.7 % of GNI2013: 9.3 % of GNI2014: 14.5 % of GNI2015: 19.3 % of GNI2016: 17.7 % of GNI2017: 8.5 % of GNI2018: 15.9 % of GNI2019: 12.4 % of GNI2020: 14.6 % of GNI2021: 15 % of GNI2022: 15 % of GNI2023: 10.3 % of GNI

Source: UNESCO Institute for Statistics. Measured in % of GNI.

Analysis

The most recent figure for total debt service in Montenegro is 10.3%, measured in 2023.

That represents a change of down 31.6% on the previous year and up 10.5% over ten years.

Over the whole period, total debt service in Montenegro peaked at 19.3% in 2015 and was at its lowest, 1.5%, in 2006.

Montenegro ranks 18th of 119 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Total debt service in Montenegro, year by year

Annual values for Total debt service (% of GNI) in Montenegro, 2006 to 2023.
Year % of GNI Change
2006 1.5%
2007 4.5% +196.4%
2008 1.5% -66.2%
2009 1.6% +7.6%
2010 2.3% +40.6%
2011 5.9% +154.0%
2012 7.7% +31.3%
2013 9.3% +20.6%
2014 14.5% +55.7%
2015 19.3% +32.9%
2016 17.7% -8.3%
2017 8.5% -52.1%
2018 15.9% +87.4%
2019 12.4% -22.0%
2020 14.6% +17.7%
2021 15.0% +2.7%
2022 15.0% +0.4%
2023 10.3% -31.6%

Averages by decade

DecadeAverage LowestHighest Years
2000s 2.3% 1.5% 4.5% 4
2010s 11.3% 2.3% 19.3% 10
2020s 13.7% 10.3% 15.0% 4

Countries ranked near Montenegro

  1. 15 Belarus 11.3% compare
  2. 16 Brazil 10.7% compare
  3. 17 Tunisia 10.5% compare
  4. 19 Senegal 9.0% compare
  5. 20 Maldives 8.6% compare
  6. 21 Laos 8.4% compare

See the full ranking of 119 places →

More population data for Montenegro

All data for Montenegro →

Frequently asked questions

What is total debt service in Montenegro?
Total debt service in Montenegro was 10.3% in 2023, according to UNESCO Institute for Statistics.
What is the highest total debt service recorded in Montenegro?
The highest recorded value was 19.3% in 2015.
What is the lowest total debt service recorded in Montenegro?
The lowest recorded value was 1.5% in 2006.
How does Montenegro rank for total debt service?
Montenegro ranks 18th out of 119 countries with data for 2023.
Is total debt service rising or falling in Montenegro?
Over the last ten years it is up 10.5%. The long-run trend across the full record is volatile.
Where does this Montenegro data come from?
The figures come from UNESCO Institute for Statistics, published as part of Total debt service (% of GNI). Statizoid updates them automatically from the source API.

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Total debt service in Montenegro. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 27 August 2026, from https://population.statizoid.com/stat/total-debt-service-percent-of-gni-2/montenegro/

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About this data

Indicator
Total debt service (% of GNI)
Unit
% of GNI
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
119 places, 5,373 data points, 1970–2023
Last refreshed

February 2026 Data Release