Montenegro Foreign Exchange Reserves

2002 - 2025 | Monthly | USD mn | CEIC Data

Key information about Montenegro Foreign Exchange Reserves

  • Montenegro Foreign Exchange Reserves was measured at 1.7 USD bn in Oct 2025, compared with 1.7 USD bn in the previous month
  • Montenegro Foreign Exchange Reserves: USD mn data is updated monthly, available from Dec 2002 to Oct 2025
  • The data reached an all-time high of 2.1 USD bn in Dec 2020 and a record low of 58.2 USD mn in Dec 2002

The International Monetary Fund provides monthly Foreign Exchange Reserves in USD.


Further information about Montenegro Foreign Exchange Reserves
  • In the latest reports, Montenegro Foreign Exchange Reserves equaled 3.6 Months of Import in Oct 2025.
  • Montenegro Domestic Credit reached 4.7 USD bn in Oct 2025, representing an increased of 22.0 % YoY.
  • The country's Non Performing Loans Ratio stood at 4.3 % in Jun 2024, compared with the ratio of 4.6 % in the previous month.
  • Household Debt of Montenegro reached 27.8 % in Jun 2025, accounting for 27.8 % of the country's Nominal GDP.

View Montenegro's Foreign Exchange Reserves from Dec 2002 to Oct 2025 in the chart:

Montenegro Foreign Exchange Reserves

What was Montenegro's Foreign Exchange Reserves in Oct 2025?

Montenegro Foreign Exchange Reserves was measured at 1.7 USD bn in Oct 2025, compared with 1.7 USD bn in the previous month See the table below for more data.

Last Previous Min Max Unit Frequency Range
1,671.4 Oct 2025 1,738.4 Sep 2025 58.2 Dec 2002 2,087.9 Dec 2020 USD mn monthly Dec 2002 - Oct 2025

Foreign Exchange Reserves by Country Comparison

country/region Last Frequency Range
Albania (USD mn) 7,438.4 Oct 2025 monthly Dec 1993 - Oct 2025
Algeria (USD mn) 47,056.4 Oct 2025 monthly Jan 1968 - Oct 2025
Argentina (USD mn) 30,663.2 Oct 2025 monthly Dec 1956 - Oct 2025
Armenia (USD mn) 4,277.4 Sep 2025 monthly Dec 1993 - Sep 2025
Australia (USD mn) 42,906.4 Nov 2025 monthly Jul 1969 - Nov 2025
Austria (USD mn) 4,258.6 Oct 2025 monthly Jan 1957 - Oct 2025
Azerbaijan (USD mn) 13,944.3 Oct 2025 monthly Dec 1992 - Oct 2025
Bahrain (USD mn) 4,269.0 Jul 2025 monthly Oct 1965 - Jul 2025
Bangladesh (USD mn) 23,101.5 Oct 2025 monthly Dec 1972 - Oct 2025
Belarus (USD mn) 5,243.9 Nov 2025 monthly Dec 2002 - Nov 2025
Belgium (USD mn) 6,000.0 Oct 2025 monthly Jan 1999 - Oct 2025
Bolivia (USD mn) 170.7 Aug 2025 monthly Jan 1999 - Aug 2025
Bosnia and Herzegovina (USD mn) 10,306.2 Sep 2025 monthly Aug 1997 - Sep 2025
Botswana (USD mn) 5,165.9 Apr 2021 monthly Jan 1992 - Apr 2021
Brazil (USD mn) 313,543.1 Nov 2025 monthly Nov 2000 - Nov 2025
Brunei (USD mn) 3,321.9 Dec 2024 monthly Dec 1999 - Dec 2024
Bulgaria (USD mn) 39,966.4 Nov 2025 monthly Sep 2003 - Nov 2025
Cambodia (USD mn) 18,884.7 Oct 2025 monthly Dec 1993 - Oct 2025
Canada (USD mn) 98,608.0 Nov 2025 monthly Jun 1999 - Nov 2025
Chile (USD mn) 43,848.8 Oct 2025 monthly Jan 1982 - Oct 2025
China (USD mn) 3,343,343.0 Oct 2025 monthly Jan 1989 - Oct 2025
Colombia (USD mn) 60,574.9 Oct 2025 monthly Dec 1956 - Oct 2025
Croatia (USD mn) 28,293.0 Dec 2022 monthly Dec 1992 - Dec 2022
Cyprus (USD mn) 296.6 Oct 2025 monthly Jan 2002 - Oct 2025
Czech Republic (USD mn) 157,468.5 Oct 2025 monthly Mar 2000 - Oct 2025
Denmark (USD mn) 91,259.0 Oct 2025 monthly Jan 2002 - Oct 2025
Ecuador (USD mn) 6,097.8 Nov 2025 monthly Dec 1956 - Nov 2025
Egypt (USD mn) 30,463.0 Oct 2025 monthly Dec 2004 - Oct 2025
Estonia (USD mn) 1,898.5 Oct 2025 monthly Jan 2001 - Oct 2025
European Union (USD mn) 321,978.9 Oct 2025 monthly Dec 1999 - Oct 2025
Finland (USD mn) 10,153.8 Oct 2025 monthly Jan 2000 - Oct 2025
France (USD mn) 33,304.3 Oct 2025 monthly Feb 2004 - Oct 2025
Georgia (USD mn) 4,383.0 Nov 2025 monthly Oct 1995 - Nov 2025
Germany (USD mn) 36,376.1 Oct 2025 monthly Jan 1957 - Oct 2025
Ghana (USD mn) 3,368.9 Jan 2024 monthly Jan 1965 - Jan 2024
Greece (USD mn) 4,034.5 Nov 2025 monthly Jan 2004 - Nov 2025
Hong Kong SAR, China (USD mn) 425,786.0 Oct 2025 monthly Apr 2000 - Oct 2025
Hungary (USD mn) 40,667.0 Nov 2025 monthly Jan 1998 - Nov 2025
Iceland (USD mn) 6,672.3 Oct 2025 monthly Oct 2000 - Oct 2025
India (USD mn) 564,591.1 Oct 2025 monthly Apr 1989 - Oct 2025
Indonesia (USD mn) 130,048.9 Nov 2025 monthly Apr 2000 - Nov 2025
Ireland (USD mn) 4,690.7 Oct 2025 monthly Jan 1999 - Oct 2025
Israel (USD mn) 227,235.1 Oct 2025 monthly Dec 2001 - Oct 2025
Italy (USD mn) 53,734.3 Nov 2025 monthly Dec 1999 - Nov 2025
Ivory Coast (USD mn) 6.8 Mar 2025 monthly Jul 1962 - Mar 2025
Japan (USD mn) 1,173,675.0 Nov 2025 monthly Apr 2000 - Nov 2025
Jordan (USD mn) 15,021.1 Oct 2025 monthly Jan 1958 - Oct 2025
Kazakhstan (USD mn) 16,215.6 Oct 2025 monthly Dec 2002 - Oct 2025
Kenya (USD mn) 11,480.5 Aug 2025 monthly Dec 2000 - Aug 2025
South Korea (USD mn) 405,779.0 Nov 2025 monthly Dec 1956 - Nov 2025
Kosovo (USD mn) 1,680.0 Oct 2025 monthly Dec 2000 - Oct 2025
Kuwait (USD mn) 34,670.8 Oct 2025 monthly Jan 1964 - Oct 2025
Kyrgyzstan (USD mn) 2,164.3 Oct 2025 monthly Jul 1995 - Oct 2025
Laos (USD mn) 2,642.9 Jun 2025 monthly Dec 1988 - Jun 2025
Latvia (USD mn) 4,500.8 Nov 2025 monthly Jan 1997 - Nov 2025
Lebanon (USD mn) 11,325.8 Jun 2025 monthly Jan 2024 - Jun 2025
Lithuania (USD mn) 5,351.7 Oct 2025 monthly Jun 1993 - Oct 2025
Luxembourg (USD mn) 47.7 Nov 2025 monthly Jan 1999 - Nov 2025
Macau SAR, China (USD mn) 29,734.2 Oct 2025 monthly Jun 1984 - Oct 2025
North Macedonia (USD mn) 4,696.2 Oct 2025 monthly Dec 1993 - Oct 2025
Malawi (USD mn) 413.8 Oct 2021 monthly Jun 1965 - Oct 2021
Malaysia (USD mn) 112,100.0 Nov 2025 monthly Apr 2000 - Nov 2025
Malta (USD mn) 1,085.1 Nov 2025 monthly Jan 1960 - Nov 2025
Mauritius (USD mn) 7,524.4 Oct 2025 monthly Mar 1960 - Oct 2025
Mexico (USD mn) 221,986.7 Oct 2025 monthly Jan 2000 - Oct 2025
Moldova (USD mn) 5,070.0 Nov 2025 monthly Jan 2000 - Nov 2025
Mongolia (USD mn) 4,843.4 Nov 2025 monthly Dec 1992 - Nov 2025
Montenegro (USD mn) 1,671.4 Oct 2025 monthly Dec 2002 - Oct 2025
Morocco (USD mn) 41,346.7 Oct 2025 monthly Dec 2001 - Oct 2025
Mozambique (USD mn) 3,942.9 Sep 2025 monthly Mar 1984 - Sep 2025
Myanmar (USD mn) 8,473.8 Mar 2024 quarterly Dec 1950 - Mar 2024
Nepal (USD mn) 18,296.6 Sep 2025 monthly Jan 2002 - Sep 2025
Netherlands (USD mn) 9,717.3 Nov 2025 monthly Sep 1999 - Nov 2025
New Zealand (USD mn) 24,143.2 Oct 2025 monthly Sep 2005 - Oct 2025
Nigeria (USD mn) 38,880.0 Jan 2025 monthly Jan 1960 - Jan 2025
Norway (USD mn) 78,377.0 Oct 2025 monthly Jan 1999 - Oct 2025
Oman (USD mn) 17,171.4 Sep 2025 monthly Apr 1970 - Sep 2025
Pakistan (USD mn) 19,127.8 Oct 2025 monthly Jan 1959 - Oct 2025
Palestinian Territory (USD mn) 590.6 Sep 2025 monthly Jan 2006 - Sep 2025
Panama (USD mn) 4,972.0 Oct 2025 monthly Oct 1969 - Oct 2025
Paraguay (USD mn) 8,922.7 Oct 2025 monthly Dec 1956 - Oct 2025
Peru (USD mn) 77,454.0 Sep 2025 monthly Dec 1956 - Sep 2025
Philippines (USD mn) 88,412.0 Nov 2025 monthly Jan 1960 - Nov 2025
Poland (USD mn) 185,011.4 Nov 2025 monthly Jan 1998 - Nov 2025
Portugal (USD mn) 6,995.2 Sep 2025 monthly Dec 1999 - Sep 2025
Qatar (USD mn) 39,035.0 Oct 2025 monthly Dec 1966 - Oct 2025
Romania (USD mn) 72,139.5 Nov 2025 monthly Apr 2005 - Nov 2025
Russia (USD mn) 396,929.0 Oct 2025 monthly Dec 1994 - Oct 2025
Saudi Arabia (USD mn) 417,090.6 Oct 2025 monthly Jan 2001 - Oct 2025
Serbia (USD mn) 27,143.4 Oct 2025 monthly Jan 2004 - Oct 2025
Singapore (USD mn) 379,412.1 Oct 2025 monthly Apr 2000 - Oct 2025
Slovakia (USD mn) 11,641.2 Nov 2025 monthly Dec 1999 - Nov 2025
Slovenia (USD mn) 1,556.6 Aug 2025 monthly Jan 1994 - Aug 2025
South Africa (USD mn) 48,353.0 Oct 2025 monthly Jan 2001 - Oct 2025
Spain (USD mn) 68,859.7 Nov 2025 monthly Jan 1987 - Nov 2025
Sri Lanka (USD mn) 5,942.4 Nov 2025 monthly Dec 1956 - Nov 2025
Sudan (USD mn) 0.0 Dec 2017 monthly Jul 1960 - Dec 2017
Sweden (USD mn) 45,818.0 Oct 2025 monthly Mar 2000 - Oct 2025
Switzerland (USD mn) 902,110.1 Oct 2025 monthly Jun 1999 - Oct 2025
Syria (USD mn) 16,221.1 Jun 2011 monthly Dec 1950 - Jun 2011

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Montenegro Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -5.1 Sep 2025 quarterly Dec 2012 - Sep 2025
Consolidated Fiscal Balance (USD mn) -36.609 Oct 2025 monthly Jan 2012 - Oct 2025
Tax Revenue (USD mn) 225.489 Oct 2025 monthly Jan 2012 - Oct 2025
Tax Revenue: % of GDP (%) 24.2 Sep 2025 quarterly Mar 2012 - Sep 2025
National Government Debt (USD mn) 5,521.7 Sep 2025 monthly Dec 2010 - Sep 2025
Government Debt: % of GDP (%) 58.3 Sep 2025 quarterly Dec 2010 - Sep 2025
Forecast: Government Expenditure (EUR bn) 4.812 2030 yearly 2002 - 2030
Forecast: Government Net Debt (EUR bn) 6.956 2030 yearly 2002 - 2030
Forecast: Government Revenue (EUR bn) 4.350 2030 yearly 2002 - 2030
Gross General Government Debt (EUR mn) 4,705.330 Sep 2025 monthly Dec 2010 - Sep 2025
Gross General Government External Debt (EUR mn) 4,417.700 Sep 2025 monthly Dec 2010 - Sep 2025
Gross General Government Debt: Domestic (EUR mn) 287.630 Sep 2025 monthly Dec 2010 - Sep 2025
General Govt Expenditure: Consolidated (EUR) 154,176,756.440 Jan 2025 monthly Jan 2012 - Jan 2025
General Govt Revenue: Cons: Taxes: Excises (EUR) 23,651,764.850 Jan 2025 monthly Jan 2012 - Jan 2025
General Govt Revenue: Cons: Taxes (EUR) 132,702,629.510 Jan 2025 monthly Jan 2012 - Jan 2025
General Govt Revenue: Cons: Taxes: Value Added Tax (EUR) 96,606,704.820 Jan 2025 monthly Jan 2012 - Jan 2025
General Government Revenue: Consolidated (EUR) 156,245,213.220 Jan 2025 monthly Jan 2012 - Jan 2025
General Govt Balance: Consolidated: Deficit or Surplus (EUR) 2,068,456.780 Jan 2025 monthly Jan 2012 - Jan 2025
General Govt Expenditure: Cons: ow Current (EUR) 154,050,948.920 Jan 2025 monthly Jan 2012 - Jan 2025
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 1.534 2028 yearly 2003 - 2028
Trade Balance (USD mn) -408.7 Oct 2025 monthly Jan 2005 - Oct 2025
Total Exports (USD mn) 50.8 Oct 2025 monthly Jan 2005 - Oct 2025
Total Exports Growth (%) -6.5 Oct 2025 monthly Jan 2006 - Oct 2025
Aluminum: Exports (USD th) 41,867.902 2024 yearly 2008 - 2024
Exports: Medicament (USD th) 41,859.324 2024 yearly 2008 - 2024
Exports: Medicinal and Pharmaceutical Product (USD th) 95.438 2024 yearly 2008 - 2024
Total Imports (USD mn) 459.6 Oct 2025 monthly Jan 2005 - Oct 2025
Total Imports Growth (%) 9.9 Oct 2025 monthly Jan 2006 - Oct 2025
Imports: Medicament (USD th) 161,040.012 2024 yearly 2008 - 2024
Imports: Medicinal and Pharmaceutical Product (USD th) 69,267.944 2024 yearly 2008 - 2024
Total Exports to USA (USD mn) 0.269 Oct 2025 monthly Jan 2010 - Oct 2025
Total Imports from USA (USD mn) 4.932 Oct 2025 monthly Jan 2006 - Oct 2025
Total Exports to China (USD mn) 0.137 Oct 2025 monthly Jan 2010 - Oct 2025
Total Imports from China (USD mn) 59.929 Oct 2025 monthly Jan 2006 - Oct 2025
Exports: Europe: CEFTA: Serbia (EUR th) 12,962.596 Oct 2025 monthly Mar 2009 - Oct 2025
Exports: Europe: EU-28: Slovenia (EUR th) 2,704.318 Oct 2025 monthly Mar 2009 - Oct 2025
Exports: Crude Materials: excl Fuels (EUR th) 7,978.203 Oct 2025 monthly Mar 2009 - Oct 2025
Exports: Food & Live Animals (EUR th) 5,548.692 Oct 2025 monthly Mar 2009 - Oct 2025
Exports: Manufactured Goods (EUR th) 3,662.612 Oct 2025 monthly Mar 2009 - Oct 2025
Exports: Machinery & Transport Equipment (EUR th) 3,108.579 Oct 2025 monthly Mar 2009 - Oct 2025
Exports: Mineral Fuels, Lubricants & Related Materials (EUR th) 9,719.045 Oct 2025 monthly Mar 2009 - Oct 2025
Imports: Europe: CEFTA: Serbia (EUR th) 66,438.187 Oct 2025 monthly Mar 2009 - Oct 2025
Imports: Europe: EU-28: Greece (EUR th) 19,716.042 Oct 2025 monthly Mar 2009 - Oct 2025
Imports: Miscellaneous Manufactured Goods (EUR th) 55,254.348 Oct 2025 monthly Mar 2009 - Oct 2025
Imports: Food & Live Animals (EUR th) 65,888.354 Oct 2025 monthly Mar 2009 - Oct 2025
Imports: Machinery & Transport Equipment (EUR th) 109,137.862 Oct 2025 monthly Mar 2009 - Oct 2025
Imports: Manufactured Goods (EUR th) 62,545.595 Oct 2025 monthly Mar 2009 - Oct 2025
Imports: Mineral Fuels, Lubricants & Related Materials (EUR th) 44,482.675 Oct 2025 monthly Mar 2009 - Oct 2025
Imports (EUR th) 394,783.476 Oct 2025 monthly Jan 2005 - Oct 2025
Exports (EUR th) 43,675.332 Oct 2025 monthly Jan 2005 - Oct 2025
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 16.5 Sep 2025 quarterly Mar 2005 - Sep 2025
Current Account Balance (USD mn) 69.2 Sep 2025 quarterly Mar 2004 - Sep 2025
Current Account Balance: % of GDP (%) 2.3 Sep 2025 quarterly Mar 2010 - Sep 2025
Foreign Direct Investment (USD mn) 169.4 Sep 2025 quarterly Mar 2005 - Sep 2025
Foreign Direct Investment: % of GDP (%) 5.6 Sep 2025 quarterly Mar 2010 - Sep 2025
Foreign Portfolio Investment (USD mn) -23.088 Sep 2025 quarterly Mar 2005 - Sep 2025
Foreign Portfolio Investment: % of GDP (%) -0.8 Sep 2025 quarterly Mar 2010 - Sep 2025
Foreign Portfolio Investment: Equity Securities (USD mn) 113.6 Jun 2025 quarterly Mar 2007 - Jun 2025
Foreign Portfolio Investment: Debt Securities (USD mn) 29.585 Jun 2025 quarterly Mar 2007 - Jun 2025
External Debt (USD mn) 8,616.5 2023 yearly 2006 - 2023
External Debt: % of GDP (%) 112.7 2023 yearly 2006 - 2023
External Debt: Short Term (USD mn) 173.7 2023 yearly 2007 - 2023
External Debt: Short Term: % of GDP (%) 2.3 2023 yearly 2007 - 2023
Forecast: Current Account Balance (USD bn) -1.406 2030 yearly 2001 - 2030
BoP: Current Account: Goods: Export (EUR th) 120,372.138 Dec 2018 quarterly Mar 2010 - Dec 2018
Balance of Payments (BoP): Current Account and Capital Account (EUR th) -374,597.413 Dec 2018 quarterly Mar 2010 - Dec 2018
BoP: Financial Account: Change in Central Bank Reserves (EUR th) -9,057.098 Dec 2018 quarterly Mar 2010 - Dec 2018
BoP: Current Account: Goods: Import (EUR th) 645,611.036 Dec 2018 quarterly Mar 2010 - Dec 2018
Foreign Direct Investment: Flow: Switzerland (EUR) 65,139,405.970 2023 yearly 2001 - 2023
Foreign Direct Investment: Flow: Russian Federation (EUR) 112,506,571.770 2023 yearly 2001 - 2023
Foreign Direct Investment: Flow: Serbia (EUR) 125,266,558.270 2023 yearly 2002 - 2023
Foreign Direct Investment: Flow: Slovenia (EUR) 9,478,424.000 2023 yearly 2001 - 2023
Foreign Direct Investment: Flow: Italy (EUR) 5,543,222.480 2023 yearly 2001 - 2023
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 4.3 Jun 2024 monthly Aug 2010 - Jun 2024
Household Debt: % of GDP (%) 28.3 Sep 2025 quarterly Mar 2007 - Sep 2025
Non-Performing Loans (USD mn) 205.823 Jun 2024 monthly Dec 2010 - Jun 2024
M2 Growth (%) 9.9 2024 yearly 2003 - 2024
Reserve Requirement Ratio (%) 5.5 Oct 2025 monthly Jan 2002 - Oct 2025
Foreign Exchange Reserves (USD mn) 1,671.4 Oct 2025 monthly Dec 2002 - Oct 2025
Foreign Exchange Reserves: % of GDP (%) 19.347 Sep 2025 quarterly Dec 2006 - Sep 2025
Foreign Exchange Reserves: Months of Import (NA) 3.6 Oct 2025 monthly Jan 2005 - Oct 2025
Gold Reserves (USD mn) 0.000 Oct 2025 monthly Dec 2002 - Oct 2025
Total Deposits (USD mn) 7,013.068 Oct 2025 monthly Jan 2003 - Oct 2025
Total Deposits Growth (%) 6.9 Oct 2025 monthly Jan 2004 - Oct 2025
Domestic Credit (USD mn) 4,697.7 Oct 2025 monthly Jan 2005 - Oct 2025
Domestic Credit Growth (%) 22.0 Oct 2025 monthly Jan 2006 - Oct 2025
Household Debt (USD mn) 2,677.8 Oct 2025 monthly Dec 2004 - Oct 2025
Total Loans (USD mn) 6,207.035 Oct 2025 monthly Jan 2003 - Oct 2025
Total Loans Growth (%) 15.02 Oct 2025 monthly Jan 2004 - Oct 2025
Private Debt: % of Nominal GDP (%) 49.09 Sep 2025 quarterly Mar 2007 - Sep 2025
Bank Loans: Residents: Households (EUR th) 1,188,990.000 Jun 2018 monthly Jan 2009 - Jun 2018
Bank Loans: Non Performing Loans (EUR th) 200,600.000 Apr 2018 monthly Dec 2010 - Apr 2018
ME: Bank Non-Performing Loans to Total Gross Loans (%) 7.426 2018 yearly 2013 - 2018

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