Broad money to total reserves ratio (United Nations) in Montenegro
Montenegro: Broad money to total reserves ratio (United Nations) was 2.7 in 2024. ▼ Falling
Broad money to total reserves ratio in Montenegro, 2007–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Montenegro recorded 2.7 for broad money to total reserves ratio in 2024.
That represents a change of down 0.7% on the previous year and down 27.5% over ten years.
Over the whole period, broad money to total reserves ratio in Montenegro peaked at 5.43 in 2011 and was at its lowest, 1.33, in 2020.
That places Montenegro 90th out of 164 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 18 years of available data.
Broad money to total reserves ratio (United Nations) in Montenegro, year by year
| Year | Value | Change |
|---|---|---|
| 2007 | 3.54 | — |
| 2008 | 5.38 | +52.1% |
| 2009 | 3.53 | -34.3% |
| 2010 | 3.59 | +1.4% |
| 2011 | 5.43 | +51.5% |
| 2012 | 4.63 | -14.7% |
| 2013 | 3.87 | -16.5% |
| 2014 | 3.72 | -3.7% |
| 2015 | 3.36 | -9.8% |
| 2016 | 3.14 | -6.4% |
| 2017 | 2.83 | -9.9% |
| 2018 | 2.58 | -8.9% |
| 2019 | 1.89 | -26.7% |
| 2020 | 1.33 | -29.8% |
| 2021 | 1.71 | +29.3% |
| 2022 | 1.82 | +6.1% |
| 2023 | 2.72 | +49.3% |
| 2024 | 2.7 | -0.7% |
Montenegro compared with similar countries
- Montenegro's 2.7 is below the median for upper middle income countries, which is 2.8, 96% of the median. (52 countries reporting)
- Montenegro's 2.7 is above the median for Europe & Central Asia, which is 2.15, 1.3× the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.15 | 3.53 | 5.38 | 3 |
| 2010s | 3.5 | 1.89 | 5.43 | 10 |
| 2020s | 2.06 | 1.33 | 2.72 | 5 |
Countries ranked near Montenegro
More infrastructure data for Montenegro
- Mobile cellular subscriptions 1.42 million (2024)
- Mobile cellular subscriptions 221.69 per 100 people (2024)
- Fixed telephone subscriptions 192,212 (2024)
- Fixed telephone subscriptions 30.1 per 100 people (2024)
- Fixed telephone subscriptions, per capita 0.3083 units per person (2024)
- Fixed telephone subscriptions, per unit of GDP 0 units per US$ of GDP (2024)
- Fixed telephone subscriptions, annual growth rate 0.9814 % change on previous year (2024)
- Fixed telephone subscriptions, gaps filled 192,212 (2024)
- Mobile cellular subscriptions, per capita 2.27 units per person (2024)
- Mobile cellular subscriptions, per unit of GDP 0.0002 units per US$ of GDP (2024)
Frequently asked questions
- What is broad money to total reserves ratio in Montenegro?
- Broad money to total reserves ratio in Montenegro was 2.7 in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest broad money to total reserves ratio recorded in Montenegro?
- The highest recorded value was 5.43 in 2011.
- What is the lowest broad money to total reserves ratio recorded in Montenegro?
- The lowest recorded value was 1.33 in 2020.
- How does Montenegro rank for broad money to total reserves ratio?
- Montenegro ranks 90th out of 164 countries with data for 2024.
- Is broad money to total reserves ratio rising or falling in Montenegro?
- Over the last ten years it is down 27.5%. The long-run trend across the full record is falling.
- Where does this Montenegro data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Broad money to total reserves ratio. Statizoid updates them automatically from the source API.
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