Montenegro's PPG, commercial banks (NFL, current US$) was −US$115.1 million in 2024, the latest year in the World Bank's World Development Indicators. That is down 354.76% from −US$25.31 million in 2014.
Key figures
| Value | Year | |
|---|---|---|
| Latest | −US$115.1 million | 2024 |
| Five years earlier | −US$109.79 million | 2019 |
| Ten years earlier | −US$25.31 million | 2014 |
| Highest | US$254.32 million | 2018 |
| Lowest | −US$136.65 million | 2022 |
| Average since 2015 | US$10.17 million | 2015–2024 |
| First recorded | US$2.81 million |
What the numbers say
In 2024, Montenegro's PPG, commercial banks (NFL, current US$) fell US$135.04 million on 2023 (from US$19.94 million to −US$115.1 million).
Across the 17 yearly changes before that (2007 to 2023), the average change was +US$1.01 million and a typical year strayed about US$186.24 million from that (the standard deviation). This year's change was 0.7 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 US$358.59 million in 2020 and the biggest yearly fall was US$364.11 million in 2019. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 there is no clear straight-line trend: a straight line explains 3% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, Montenegro had the 71st highest value of the 87 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.
| Value | Year | |
|---|---|---|
| Montenegro | −US$115.1 million | 2024 |
| Upper middle income | US$30.53 billion | 2024 |
Closest to Montenegro in the 2024 ranking
- Philippines — 68th of 87: −US$99.7 million
- Lao PDR — 69th of 87: −US$103.26 million
- Uzbekistan — 70th of 87: −US$107.43 million
- Kenya — 72nd of 87: −US$115.44 million
- North Macedonia — 73rd of 87: −US$139.69 million
- Peru — 74th of 87: −US$144.44 million
What this measures
Public and publicly guaranteed commercial bank loans from private banks and other private financial institutions. Net flows (or net lending or net disbursements) received by the borrower during the year are disbursements minus principal repayments. Data are in current U.S. dollars.
Regional and income-group figures are computed by the World Bank as a sum.
All 19 values
| Year | PPG, commercial banks (NFL, current US$) |
|---|---|
| 2024 | -115,101,000 |
| 2023 | 19,943,000 |
| 2022 | -136,652,000 |
| 2021 | -30,883,000 |
| 2020 | 248,804,000 |
| 2019 | -109,790,000 |
| 2018 | 254,318,000 |
| 2017 | 126,973,000 |
| 2016 | -85,268,000 |
| 2015 | -70,676,000 |
| 2014 |
PPG, commercial banks (NFL, current US$) in nearby economies
- Albania — −US$9.82 million (2024)
- Armenia — −US$4.45 million (2024)
- Azerbaijan — −US$313.83 million (2024)
- Belarus — −US$4.48 million (2024)
- Bosnia and Herzegovina — −US$4.18 million (2024)
- Bulgaria — −US$386,000 (2022)
- Georgia — −US$2.98 million (2024)
- Kazakhstan — −US$290.07 million (2024)
- Kosovo — −US$842,000 (2024)
- Moldova — −US$2.07 million (2024)
More economic policy & debt data for Montenegro
- Adjusted savings, mineral depletion (current US$) — US$651,532 (2021)
- Medium and high-tech manufacturing value added (% manufacturing value added) — 14.86% (2024)
- Adjusted savings, carbon dioxide damage (current US$) — US$105.26 million (2021)
- GDP (current US$) — US$9.23 billion (2025)
- GDP (current LCU) — 8.17 billion (2025)
- GDP, linked series (current LCU) — 8.17 billion (2025)
- GDP (constant 2015 US$) — US$5.47 billion (2025)
- GDP (constant LCU) — 4.66 billion (2025)
- GDP, PPP (current international $) — 22.07 billion (2025)
- GDP, PPP (constant 2021 international $)
Reading data like this
Questions people ask
- What is Montenegro's PPG, commercial banks (NFL, current US$)?
- −US$115.1 million in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 2006?
- It is down 4,195% from US$2.81 million in 2006. The highest value was US$254.32 million in 2018 and the lowest −US$136.65 million in 2022.
- How does Montenegro rank?
- 71st highest of 87 economies with data for 2024.
- Is the latest change in PPG, commercial banks (NFL, current US$) unusual for Montenegro?
- In 2024, Montenegro's PPG, commercial banks (NFL, current US$) fell US$135.04 million on 2023 (from US$19.94 million to −US$115.1 million). Across the 17 yearly changes before that (2007 to 2023), the average change was +US$1.01 million and a typical year strayed about US$186.24 million from that (the standard deviation). This year's change was 0.7 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 DT.NFL.PCBK.CD, licensed CC BY 4.0. Original source: International Debt Statistics, World Bank (WB) 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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