Broad money to total reserves ratio in Montenegro

Montenegro: Broad money to total reserves ratio was 2.46 in 2025. ▼ Falling

Latest (2025)
2.46
Change on year
down 9.1%
World rank
102nd
of 158 countries
All-time high
5.43
in 2011
All-time low
1.33
in 2020
Years of data
19
2007–2025

Broad money to total reserves ratio in Montenegro, 2007–2025

123452007201620252007: 3.52008: 5.42009: 3.52010: 3.62011: 5.42012: 4.62013: 3.92014: 3.72015: 3.42016: 3.12017: 2.82018: 2.62019: 1.92020: 1.32021: 1.72022: 1.82023: 2.72024: 2.72025: 2.5

Source: International Financial Statistics database, International Monetary Fund (IMF).

Analysis

The most recent figure for broad money to total reserves ratio in Montenegro is 2.46, measured in 2025.

The figure is down 9.1% on the previous year and down 26.9% 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 102nd out of 158 countries with data for 2025, putting it in the middle of the range.

The long-run direction has been consistently falling across the 19 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 4.17 3.54 5.4 3
2010s 3.5 1.89 5.43 10
2020s 2.12 1.33 2.72 6

Countries ranked near Montenegro

  1. 99 Lebanon 2.49 compare
  2. 100 Cameroon 2.47 compare
  3. 101 Botswana 2.46 compare
  4. 103 Denmark 2.45 compare
  5. 104 Paraguay 2.44 compare
  6. 105 Brunei 2.44 compare

See the full ranking of 158 places →

More financial sector data for Montenegro

All data for Montenegro →

Frequently asked questions

What is broad money to total reserves ratio in Montenegro?
Broad money to total reserves ratio in Montenegro was 2.46 in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
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 102nd out of 158 countries with data for 2025.
Is broad money to total reserves ratio rising or falling in Montenegro?
Over the last ten years it is down 26.9%. The long-run trend across the full record is falling.
Where does this Montenegro data come from?
The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Broad money to total reserves ratio. Statizoid updates them automatically from the source API.

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CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Broad money to total reserves ratio
Source
International Financial Statistics database, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
158 places, 7,871 data points, 1960–2025
Last refreshed

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. Reserve assets are external assets, including monetary gold, that are readily available to and controlled by monetary authorities for meeting balance of payments financing needs, for intervention in exchange markets to affect the currency exchange rate, and for other related purposes (such as maintaining confidence in the currency and the economy, and serving as a basis for foreign borrowing). Reserve assets must be denominated and settled in foreign currency. This indicator is expressed as a ratio (a÷b).