PPG, IDA in Montenegro

Montenegro: PPG, IDA was 3.85 million DOD, current US$ in 2024. ◆ Volatile

Latest (2024)
3.85 million DOD, current US$
Change on year
down 47.6%
World rank
88th
of 104 countries
All-time high
85.95 million DOD, current US$
in 2012
All-time low
3.85 million DOD, current US$
in 2024
Years of data
19
2006–2024

PPG, IDA in Montenegro, 2006–2024

020.0M40.0M60.0M80.0M2006201520242006: 47.2M DOD, current US$2007: 56.0M DOD, current US$2008: 70.8M DOD, current US$2009: 75.2M DOD, current US$2010: 79.4M DOD, current US$2011: 83.3M DOD, current US$2012: 86.0M DOD, current US$2013: 84.6M DOD, current US$2014: 74.9M DOD, current US$2015: 65.3M DOD, current US$2016: 57.2M DOD, current US$2017: 53.2M DOD, current US$2018: 44.0M DOD, current US$2019: 35.8M DOD, current US$2020: 29.0M DOD, current US$2021: 20.1M DOD, current US$2022: 12.6M DOD, current US$2023: 7.3M DOD, current US$2024: 3.8M DOD, current US$

Source: International Debt Statistics, World Bank (WB). Measured in DOD, current US$.

Analysis

In 2024, ppg, ida in Montenegro stood at 3.85 million DOD, current US$. That is the lowest value across all 19 years on record.

Compared with earlier readings it is down 47.6% on the previous year and down 94.9% over ten years.

Over the whole period, ppg, ida in Montenegro peaked at 85.95 million DOD, current US$ in 2012 and was at its lowest, 3.85 million DOD, current US$, in 2024.

That places Montenegro 88th out of 104 countries with data for 2024, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
2000s 62.27 million DOD, current US$ 47.18 million DOD, current US$ 75.16 million DOD, current US$ 4
2010s 66.36 million DOD, current US$ 35.78 million DOD, current US$ 85.95 million DOD, current US$ 10
2020s 14.59 million DOD, current US$ 3.85 million DOD, current US$ 28.99 million DOD, current US$ 5

Countries ranked near Montenegro

  1. 85 Serbia 9.97 million DOD, current US$ compare
  2. 86 Sao Tome and Principe 8.97 million DOD, current US$ compare
  3. 87 Philippines 8.88 million DOD, current US$ compare
  4. 89 China 1.42 million DOD, current US$ compare
  5. 90 Saint Kitts and Nevis 1.29 million DOD, current US$ compare
  6. 91 El Salvador 360,000 DOD, current US$ compare

See the full ranking of 116 places →

More external debt data for Montenegro

All data for Montenegro →

Frequently asked questions

What is ppg, ida in Montenegro?
Ppg, ida in Montenegro was 3.85 million DOD, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
What is the highest ppg, ida recorded in Montenegro?
The highest recorded value was 85.95 million DOD, current US$ in 2012.
What is the lowest ppg, ida recorded in Montenegro?
The lowest recorded value was 3.85 million DOD, current US$ in 2024.
How does Montenegro rank for ppg, ida?
Montenegro ranks 88th out of 104 countries with data for 2024.
Is ppg, ida rising or falling in Montenegro?
Over the last ten years it is down 94.9%. The long-run trend across the full record is volatile.
Where does this Montenegro data come from?
The figures come from International Debt Statistics, World Bank (WB), published as part of PPG, IDA (DOD, current US$). Statizoid updates them automatically from the source API.

Download this data

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

About this data

Indicator
PPG, IDA (DOD, current US$)
Unit
DOD, current US$
Source
International Debt Statistics, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
116 places, 5,365 data points, 1970–2024
Last refreshed

Public and publicly guaranteed debt outstanding from the International Development Association (IDA) is concessional. Concessional debt is defined as loans with an original grant element of 35 percent or more. The grant element of a loan is the grant equivalent expressed as a percentage of the amount committed. It is used as a measure of the overall cost of borrowing. The grant equivalent of a loan is its commitment (present) value, less the discounted present value of its contractual debt service; conventionally, future service payments are discounted at 5 percent. Data are in current U.S. dollars.