Montenegro Short Term Interest Rate

1998 - 2021 | Monthly | % pa | European Money Markets Institute

Key information about Montenegro Short Term Interest Rate

  • Montenegro Short Term Interest Rate: Month End: EURIBOR: 3 Months was reported at -0.57 % pa in Nov 2021, compared with -0.55 % pa in the previous month.
  • Montenegro Short Term Interest Rate data is updated monthly, available from Dec 1998 to Nov 2021.
  • The data reached an all-time high of 5.28 % pa in Sep 2008 and a record low of -0.57 % pa in Nov 2021.
  • Short Term Interest Rate is reported by reported by European Money Markets Institute.

Montenegro adopted the Euro unilaterally, thus complying with the European Central Bank (ECB) monetary policy mechanisms.
  • The cash rate (Policy Rate: Month End: Main Refinancing Operations) was set at 4.50 % pa in Mar 2024.
  • Montenegro Exchange Rate against USD averaged 0.92 (USD/EUR) in Jun 2023.
  • View Montenegro's Short Term Interest Rate from Dec 1998 to Nov 2021 in the chart:

    Montenegro Short Term Interest Rate

    What was Montenegro's Short Term Interest Rate in Nov 2021?

    Montenegro Short Term Interest Rate: Month End: EURIBOR: 3 Months was reported at -0.57 % pa in Nov 2021, compared with -0.55 % pa in the previous month. See the table below for more data.

    Last Previous Min Max Unit Frequency Range
    -0.57 Nov 2021 -0.55 Oct 2021 -0.57 Nov 2021 5.28 Sep 2008 % pa monthly Dec 1998 - Nov 2021

    Short Term Interest Rate by Country Comparison

    country/region Last Frequency Range
    Albania (% pa) 3.05 Apr 2024 monthly Jan 2002 - Apr 2024
    Algeria (% pa) 1.18 Mar 2024 monthly Jun 2006 - Mar 2024
    Argentina (% pa) 31.80 Jul 2021 monthly Jan 1999 - Jul 2021
    Armenia (% pa) 10.37 Aug 2023 monthly Jan 2000 - Aug 2023
    Australia (% pa) 4.12 Feb 2025 monthly Jun 1969 - Feb 2025
    Austria (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    Azerbaijan (% pa) 7.50 Mar 2024 monthly Dec 2002 - Mar 2024
    Bahrain (% pa) 5.12 Sep 2024 quarterly Jun 2003 - Sep 2024
    Bangladesh (% pa) 6.63 May 2023 monthly Sep 2003 - May 2023
    Belarus (% pa) 14.00 Feb 2025 monthly Apr 2003 - Feb 2025
    Belgium (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    Bolivia (% pa) 6.35 Dec 2024 monthly Jan 1998 - Dec 2024
    Botswana (% pa) 2.71 Jan 2025 monthly Jan 2003 - Jan 2025
    Bulgaria (% pa) -0.05 Jun 2018 monthly Feb 2003 - Jun 2018
    Cambodia (% pa) 1.15 Feb 2025 monthly Dec 2016 - Feb 2025
    Canada (% pa) 2.82 Feb 2025 monthly Jan 1993 - Feb 2025
    China (% pa) 1.92 Feb 2025 monthly Oct 2006 - Feb 2025
    Colombia (% pa) 13.02 Jun 2023 monthly Jan 1986 - Jun 2023
    Croatia (% pa) 0.39 Dec 2019 monthly Sep 2002 - Dec 2019
    Cyprus (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    Czech Republic (% pa) 3.73 Feb 2025 monthly Apr 1992 - Feb 2025
    Denmark (% pa) -0.43 Sep 2019 monthly Jun 1988 - Sep 2019
    Ecuador (% pa) 4.64 May 2023 monthly Apr 2000 - May 2023
    Egypt (% pa) 27.54 Feb 2025 monthly Jan 2001 - Feb 2025
    Estonia (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    European Union (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    Finland (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    France (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    Georgia (% pa) 7.45 Feb 2025 monthly Feb 2008 - Feb 2025
    Germany (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    Ghana (% pa) 27.73 Dec 2024 monthly Aug 1996 - Dec 2024
    Greece (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    Hong Kong SAR, China (% pa) 4.01 Feb 2025 monthly Jul 1996 - Feb 2025
    Hungary (% pa) 6.50 Jan 2025 monthly Aug 1996 - Jan 2025
    Iceland (% pa) 8.31 Jan 2025 monthly Aug 1998 - Jan 2025
    India (% pa) 7.14 May 2023 monthly Sep 2015 - May 2023
    Indonesia (% pa) 6.76 May 2023 monthly Dec 1995 - May 2023
    Ireland (% pa) 1.72 Dec 2021 monthly Dec 1998 - Dec 2021
    Israel (% pa) 4.50 Feb 2025 monthly Mar 2007 - Feb 2025
    Italy (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    Japan (% pa) 0.79 Feb 2025 monthly Jan 1997 - Feb 2025
    Jordan (% pa) 7.34 Feb 2025 monthly Aug 2005 - Feb 2025
    Kazakhstan (% pa) 10.50 Nov 2020 monthly Jul 2000 - Nov 2020
    Kenya (% pa) 13.06 Nov 2024 monthly Jul 1991 - Nov 2024
    South Korea (% pa) 2.89 Feb 2025 monthly Jul 2004 - Feb 2025
    Kosovo (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    Kuwait (% pa) 3.94 Feb 2025 monthly Nov 2001 - Feb 2025
    Latvia (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    Lebanon (% pa) 79.65 Nov 2024 monthly Mar 1972 - Nov 2024
    Lithuania (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    Luxembourg (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    Macau SAR, China (% pa) 4.97 Jun 2023 monthly Jun 1988 - Jun 2023
    North Macedonia (% pa) 4.38 Jan 2025 monthly Jul 2007 - Jan 2025
    Malawi (% pa) 16.00 Jan 2025 monthly Jan 1983 - Jan 2025
    Malaysia (% pa) 3.66 Feb 2025 monthly Jan 1988 - Feb 2025
    Malta (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    Mauritius (% pa) 4.02 Jan 2025 monthly Apr 1998 - Jan 2025
    Mexico (% pa) 9.83 Feb 2025 monthly Jan 1997 - Feb 2025
    Moldova (% pa) 10.13 Feb 2025 monthly Dec 2005 - Feb 2025
    Montenegro (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    Morocco (% pa) 2.50 Feb 2025 monthly Jan 1995 - Feb 2025
    Mozambique (% pa) 13.40 Jan 2025 monthly Nov 2005 - Jan 2025
    Myanmar (% pa) 4.00 2023 yearly 1986 - 2023
    Nepal (% pa) 2.86 Feb 2025 monthly Feb 1993 - Feb 2025
    Netherlands (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    New Zealand (% pa) 5.71 Jun 2023 monthly Jan 1985 - Jun 2023
    Nigeria (% pa) 27.36 Feb 2025 monthly Jan 2010 - Feb 2025
    Norway (% pa) 1.77 Jan 2020 monthly Jan 1986 - Jan 2020
    Oman (% pa) 0.00 Dec 2024 monthly Jan 2004 - Dec 2024
    Pakistan (% pa) 22.91 Jun 2023 monthly Nov 2004 - Jun 2023
    Panama (% pa) 4.65 Feb 2025 monthly Jan 2006 - Feb 2025
    Philippines (% pa) 5.21 Feb 2025 monthly Jan 1975 - Feb 2025
    Poland (% pa) 5.86 Feb 2025 monthly Jan 1999 - Feb 2025
    Portugal (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    Qatar (% pa) 4.67 Jan 2025 monthly Jul 2004 - Jan 2025
    Romania (% pa) 5.93 Feb 2025 monthly Aug 1995 - Feb 2025
    Russia (% pa) 9.71 Jul 2023 monthly Aug 2000 - Jul 2023
    Saudi Arabia (% pa) 5.40 Jan 2025 monthly Jan 2007 - Jan 2025
    Serbia (% pa) 4.70 Feb 2025 monthly Aug 2005 - Feb 2025
    Singapore (% pa) 3.30 Nov 2024 monthly Oct 1995 - Nov 2024
    Slovakia (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    Slovenia (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    South Africa (% pa) 7.41 Feb 2025 monthly Dec 1980 - Feb 2025
    Spain (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    Sri Lanka (% pa) 6.96 Jun 2020 monthly Jul 2000 - Jun 2020
    Sweden (% pa) 0.03 Jul 2020 monthly Jan 1987 - Jul 2020
    Switzerland (% pa) 0.37 Feb 2025 monthly Jul 1999 - Feb 2025
    Taiwan (% pa) 1.68 Nov 2024 monthly Oct 2005 - Nov 2024
    Thailand (% pa) 2.15 Feb 2025 monthly Jan 2005 - Feb 2025
    Turkey (% pa) 16.01 Jun 2022 monthly Aug 2002 - Jun 2022
    Ukraine (% pa) 4.42 Dec 2024 monthly Jan 2006 - Dec 2024
    United Arab Emirates (% pa) 4.20 Feb 2025 monthly Oct 2009 - Feb 2025
    United Kingdom (% pa) 0.09 Apr 2021 monthly Jan 1986 - Apr 2021
    United States (% pa) 4.20 Feb 2025 monthly Jan 1954 - Feb 2025
    Uruguay (% pa) 9.58 Feb 2025 monthly Sep 2002 - Feb 2025
    Venezuela (% pa) 43.78 Jun 2023 monthly Jan 1998 - Jun 2023
    Vietnam (% pa) 5.50 Feb 2025 monthly Jul 2004 - Feb 2025
    Yemen (% pa) 16.07 Jan 2015 monthly Dec 1995 - Jan 2015
    Zambia (% pa) 10.10 Apr 2023 monthly Jan 2006 - Apr 2023

    Montenegro Key Series

    Government and Public Finance Last Frequency Range
    Consolidated Fiscal Balance: % of GDP (%) -2.9 Dec 2024 quarterly Dec 2012 - Dec 2024
    Consolidated Fiscal Balance (USD mn) 2.142 Jan 2025 monthly Jan 2012 - Jan 2025
    Tax Revenue (USD mn) 137.427 Jan 2025 monthly Jan 2012 - Jan 2025
    Tax Revenue: % of GDP (%) 24.9 Dec 2024 quarterly Mar 2012 - Dec 2024
    National Government Debt (USD mn) 4,906.6 Sep 2024 monthly Dec 2010 - Sep 2024
    Government Debt: % of GDP (%) 59.8 Sep 2024 quarterly Dec 2010 - Sep 2024
    Forecast: Government Expenditure (EUR bn) 4.457 2029 yearly 2002 - 2029
    Forecast: Government Net Debt (EUR bn) 6.678 2029 yearly 2002 - 2029
    Forecast: Government Revenue (EUR bn) 3.919 2029 yearly 2002 - 2029
    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 Govt Expenditure: Cons: ow Current (EUR) 154,050,948.920 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 Expenditure: Consolidated (EUR) 154,176,756.440 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
    Foreign Trade Last Frequency Range
    Forecast: Exports of Goods Growth (%) 1.534 2028 yearly 2003 - 2028
    Trade Balance (USD mn) -202.9 Jan 2025 monthly Jan 2005 - Jan 2025
    Total Exports (USD mn) 44.8 Jan 2025 monthly Jan 2005 - Jan 2025
    Total Exports Growth (%) -6.4 Jan 2025 monthly Jan 2006 - Jan 2025
    Aluminum: Exports (USD th) 77,568.321 2023 yearly 2008 - 2023
    Exports: Medicament (USD th) 44,798.671 2023 yearly 2008 - 2023
    Exports: Medicinal and Pharmaceutical Product (USD th) 633.030 2023 yearly 2008 - 2023
    Total Imports (USD mn) 247.7 Jan 2025 monthly Jan 2005 - Jan 2025
    Total Imports Growth (%) 4.5 Jan 2025 monthly Jan 2006 - Jan 2025
    Imports: Medicament (USD th) 145,430.350 2023 yearly 2008 - 2023
    Imports: Medicinal and Pharmaceutical Product (USD th) 61,662.231 2023 yearly 2008 - 2023
    Total Exports to USA (USD mn) 0.326 Jan 2025 monthly Jan 2010 - Jan 2025
    Total Imports from USA (USD mn) 2.017 Jan 2025 monthly Jan 2006 - Jan 2025
    Total Exports to China (USD mn) 3.566 Jan 2025 monthly Jan 2010 - Jan 2025
    Total Imports from China (USD mn) 34.395 Jan 2025 monthly Jan 2006 - Jan 2025
    Imports (EUR th) 239,198.143 Jan 2025 monthly Jan 2005 - Jan 2025
    Exports (EUR th) 43,261.759 Jan 2025 monthly Jan 2005 - Jan 2025
    Exports: Crude Materials: excl Fuels (EUR th) 8,770.757 Jan 2025 monthly Mar 2009 - Jan 2025
    Exports: Machinery & Transport Equipment (EUR th) 4,114.756 Jan 2025 monthly Mar 2009 - Jan 2025
    Exports: Food & Live Animals (EUR th) 3,441.716 Jan 2025 monthly Mar 2009 - Jan 2025
    Exports: Mineral Fuels, Lubricants & Related Materials (EUR th) 17,843.445 Jan 2025 monthly Mar 2009 - Jan 2025
    Exports: Manufactured Goods (EUR th) 2,535.662 Jan 2025 monthly Mar 2009 - Jan 2025
    Exports: Europe: EU-28: Slovenia (EUR th) 2,689.830 Jan 2025 monthly Mar 2009 - Jan 2025
    Exports: Europe: CEFTA: Serbia (EUR th) 9,140.412 Jan 2025 monthly Mar 2009 - Jan 2025
    Imports: Miscellaneous Manufactured Goods (EUR th) 31,422.492 Jan 2025 monthly Mar 2009 - Jan 2025
    Imports: Food & Live Animals (EUR th) 45,073.913 Jan 2025 monthly Mar 2009 - Jan 2025
    Imports: Machinery & Transport Equipment (EUR th) 59,371.661 Jan 2025 monthly Mar 2009 - Jan 2025
    Imports: Mineral Fuels, Lubricants & Related Materials (EUR th) 25,395.451 Jan 2025 monthly Mar 2009 - Jan 2025
    Imports: Manufactured Goods (EUR th) 33,949.824 Jan 2025 monthly Mar 2009 - Jan 2025
    Imports: Europe: EU-28: Greece (EUR th) 15,355.588 Jan 2025 monthly Mar 2009 - Jan 2025
    Imports: Europe: CEFTA: Serbia (EUR th) 39,313.863 Jan 2025 monthly Mar 2009 - Jan 2025
    Balance of Payments Last Frequency Range
    Direct Investment Abroad (USD mn) 12.7 Dec 2024 quarterly Mar 2005 - Dec 2024
    Current Account Balance (USD mn) -278.9 Mar 2023 quarterly Mar 2004 - Mar 2023
    Current Account Balance: % of GDP (%) -27.0 Dec 2024 quarterly Mar 2010 - Dec 2024
    Foreign Direct Investment (USD mn) 138.0 Dec 2024 quarterly Mar 2005 - Dec 2024
    Foreign Direct Investment: % of GDP (%) 6.8 Dec 2024 quarterly Mar 2010 - Dec 2024
    Foreign Portfolio Investment (USD mn) -35.868 Dec 2024 quarterly Mar 2005 - Dec 2024
    Foreign Portfolio Investment: % of GDP (%) -1.8 Dec 2024 quarterly Mar 2010 - Dec 2024
    Foreign Portfolio Investment: Equity Securities (USD mn) 137.6 Sep 2024 quarterly Mar 2007 - Sep 2024
    Foreign Portfolio Investment: Debt Securities (USD mn) 17.205 Sep 2024 quarterly Mar 2007 - Sep 2024
    External Debt (USD mn) 8,616.5 2023 yearly 2006 - 2023
    External Debt: % of GDP (%) 141.5 2022 yearly 2006 - 2022
    External Debt: Short Term (USD mn) 198.7 2022 yearly 2007 - 2022
    External Debt: Short Term: % of GDP (%) 3.2 2022 yearly 2007 - 2022
    Forecast: Current Account Balance (USD bn) -1.492 2029 yearly 2001 - 2029
    BoP: Current Account: Goods: Export (EUR th) 120,372.138 Dec 2018 quarterly Mar 2010 - Dec 2018
    BoP: Current Account: Goods: Import (EUR th) 645,611.036 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
    Gross General Government External Debt (EUR mn) 4,046.072 Sep 2024 monthly Dec 2010 - Sep 2024
    Foreign Direct Investment: Flow: Switzerland (EUR) 65,139,405.970 2023 yearly 2001 - 2023
    Foreign Direct Investment: Flow: Slovenia (EUR) 9,478,424.000 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: 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 (%) 26.4 Dec 2024 quarterly Dec 2010 - Dec 2024
    Non-Performing Loans (USD mn) 218.559 Nov 2022 monthly Dec 2010 - Nov 2022
    M2 Growth (%) 12.0 2023 yearly 2003 - 2023
    Reserve Requirement Ratio (%) 5.5 Feb 2025 monthly Jan 2002 - Feb 2025
    Foreign Exchange Reserves (USD mn) 1,395.0 Jan 2025 monthly Dec 2002 - Jan 2025
    Foreign Exchange Reserves: % of GDP (%) 20.204 Dec 2024 quarterly Dec 2010 - Dec 2024
    Foreign Exchange Reserves: Months of Import (NA) 5.6 Jan 2025 monthly Jan 2005 - Jan 2025
    Gold Reserves (USD mn) 0.000 Jan 2025 monthly Dec 2002 - Jan 2025
    Total Deposits (USD mn) 5,942.815 Jan 2025 monthly Jan 2003 - Jan 2025
    Total Deposits Growth (%) 5.9 Jan 2025 monthly Jan 2004 - Jan 2025
    Domestic Credit (USD mn) 3,817.3 Jan 2025 monthly Jan 2005 - Jan 2025
    Domestic Credit Growth (%) 4.2 Jan 2025 monthly Jan 2006 - Jan 2025
    Household Debt (USD mn) 2,075.8 Jan 2025 monthly Dec 2004 - Jan 2025
    Total Loans (USD mn) 4,915.298 Jan 2025 monthly Jan 2003 - Jan 2025
    Total Loans Growth (%) 13.28 Jan 2025 monthly Jan 2004 - Jan 2025
    Private Debt: % of Nominal GDP (%) 46.08 Dec 2024 quarterly Dec 2010 - Dec 2024
    Bank Loans: Non Performing Loans (EUR th) 200,600.000 Apr 2018 monthly Dec 2010 - Apr 2018
    Bank Loans: Residents: Households (EUR th) 1,188,990.000 Jun 2018 monthly Jan 2009 - Jun 2018
    ME: Bank Non-Performing Loans to Total Gross Loans (%) 7.426 2018 yearly 2013 - 2018

    More Indicators for Montenegro

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