Montenegro's broad money (current LCU) was 4.77 billion in 2025, the latest year in the World Bank's World Development Indicators. That is up 131.27% from 2.06 billion in 2015 (8.75% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 4.77 billion | 2025 |
| Five years earlier | 2.48 billion | 2020 |
| Ten years earlier | 2.06 billion | 2015 |
| Highest | 4.77 billion | 2025 |
| Lowest | 153.32 million | 2002 |
| Average since 2016 | 3.2 billion | 2016–2025 |
| First recorded | 153.32 million |
What the numbers say
In 2025, Montenegro's broad money (current LCU) rose 9.8% on 2024 (from 4.35 billion to 4.77 billion).
Across the 22 yearly changes before that (2003 to 2024), the average change was +20% and a typical year strayed about 34.3% from that (the standard deviation). This year's change was 0.3 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 119.2% in 2006 and the biggest yearly fall was 10.1% in 2008. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2016 to 2025 the straight-line trend is upward, about 273.75 million a year. A straight line explains 87% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2025, Montenegro had the 78th highest value of the 85 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Montenegro in the 2025 ranking
- Belize — 75th of 85: 5.15 billion
- Antigua and Barbuda — 76th of 85: 4.81 billion
- St. Lucia — 77th of 85: 4.78 billion
- São Tomé and Principe — 79th of 85: 4.55 billion
- Grenada — 80th of 85: 3.53 billion
- St. Kitts and Nevis — 81st of 85: 3.31 billion
What this measures
Broad money is the sum of all liquid financial instruments held by money-holding sectors that are widely accepted in an economy as a medium of exchange, plus those that can be converted into a medium of exchange at short notice at, or close to, their full nominal value. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.
All 24 values
| Year | Broad money (current LCU) |
|---|---|
| 2025 | 4,772,964,863 |
| 2024 | 4,345,642,450 |
| 2023 | 3,954,075,188 |
| 2022 | 3,531,398,228 |
| 2021 | 2,872,258,374 |
| 2020 | 2,484,414,615 |
| 2019 | 2,581,165,197 |
| 2018 | 2,624,968,699 |
| 2017 | 2,544,913,922 |
| 2016 | 2,252,946,285 |
| 2015 |
Broad money (current LCU) in nearby economies
- Albania — 1.79 trillion (2024)
- Armenia — 6.94 trillion (2025)
- Azerbaijan — 49.86 billion (2025)
- Belarus — 54.35 billion (2021)
- Bosnia and Herzegovina — 39.13 billion (2024)
- Bulgaria — 86.04 billion (2024)
- Czechia — 7.01 trillion (2024)
- Denmark — 1.83 trillion (2024)
- Georgia — 57.66 billion (2025)
- Hungary — 48.87 trillion (2024)
- Iceland — 3.08 trillion (2024)
- Kazakhstan
More financial sector data for Montenegro
- GDP deflator (base year varies by country) — 175.44 (2025)
- GDP deflator, linked series (base year varies by country) — 175.44 (2025)
- DEC alternative conversion factor (LCU per US$) — US$0.89 (2025)
- Inflation, GDP deflator (annual % growth) — 4.03% (2025)
- Inflation, GDP deflator, linked series (annual % growth) — 4.03% (2025)
- Official exchange rate (LCU per US$, period average) — US$0.89 (2025)
- Domestic credit to private sector by banks (% of GDP) — 50.94% (2025)
- Broad money (% of GDP) — 58.42% (2025)
- Deposit interest rate (%) — 0.27% (2025)
Reading data like this
Questions people ask
- What is Montenegro's broad money (current LCU)?
- 4.77 billion in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 2002?
- It is up 3,013% from 153.32 million in 2002 (16.12% a year on average, compounded). The highest value was 4.77 billion in 2025 and the lowest 153.32 million in 2002.
- How does Montenegro rank?
- 78th highest of 85 economies with data for 2025.
- Is the latest change in broad money (current LCU) unusual for Montenegro?
- In 2025, Montenegro's broad money (current LCU) rose 9.8% on 2024 (from 4.35 billion to 4.77 billion). Across the 22 yearly changes before that (2003 to 2024), the average change was +20% and a typical year strayed about 34.3% from that (the standard deviation). This year's change was 0.3 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator FM.LBL.BMNY.CN, licensed CC BY 4.0. Original source: International Financial Statistics database, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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