24_International reserves in Montenegro

Montenegro: 24_International reserves was 1.35 billion excluding gold in 2025. ◆ Volatile

Latest (2025)
1.35 billion excluding gold
Change on year
down 32.1%
World rank
134th
of 175 countries
All-time high
1.99 billion excluding gold
in 2024
All-time low
334.59 million excluding gold
in 2009
Years of data
19
2007–2025

24_International reserves in Montenegro, 2007–2025

500.0M1.0B1.5B2.0B2007201620252007: 582.4M excluding gold2008: 733.0M excluding gold2009: 334.6M excluding gold2010: 463.7M excluding gold2011: 437.3M excluding gold2012: 385.7M excluding gold2013: 424.7M excluding gold2014: 571.8M excluding gold2015: 1.0B excluding gold2016: 924.6M excluding gold2017: 761.2M excluding gold2018: 905.6M excluding gold2019: 1.1B excluding gold2020: 1.0B excluding gold2021: 1.6B excluding gold2022: 1.9B excluding gold2023: 1.9B excluding gold2024: 2.0B excluding gold2025: 1.4B excluding gold

Source: IMF. Measured in excluding gold.

Analysis

The most recent figure for 24_international reserves in Montenegro is 1.35 billion excluding gold, measured in 2025.

The figure is down 32.1% on the previous year and up 33.0% over ten years.

Over the whole period, 24_international reserves in Montenegro peaked at 1.99 billion excluding gold in 2024 and was at its lowest, 334.59 million excluding gold, in 2009.

That places Montenegro 134th out of 175 countries with data for 2025, putting it in the bottom quarter.

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

24_International reserves in Montenegro, year by year

Annual values for 24_International reserves (excluding gold) in Montenegro, 2007 to 2025.
Year excluding gold Change
2007 582.43 million excluding gold —
2008 732.95 million excluding gold +25.8%
2009 334.59 million excluding gold -54.4%
2010 463.74 million excluding gold +38.6%
2011 437.28 million excluding gold -5.7%
2012 385.66 million excluding gold -11.8%
2013 424.67 million excluding gold +10.1%
2014 571.76 million excluding gold +34.6%
2015 1.02 billion excluding gold +78.1%
2016 924.62 million excluding gold -9.2%
2017 761.24 million excluding gold -17.7%
2018 905.56 million excluding gold +19.0%
2019 1.09 billion excluding gold +20.1%
2020 1.04 billion excluding gold -4.0%
2021 1.65 billion excluding gold +57.8%
2022 1.88 billion excluding gold +13.8%
2023 1.94 billion excluding gold +3.7%
2024 1.99 billion excluding gold +2.6%
2025 1.35 billion excluding gold -32.1%

Montenegro compared with similar countries

  • Montenegro's 1.35 billion excluding gold is below the median for upper middle income countries, which is 7.25 billion excluding gold, 19% of the median. (53 countries reporting)
  • Montenegro's 1.35 billion excluding gold is below the median for Europe & Central Asia, which is 14.24 billion excluding gold, 10% of the median. (47 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 549.99 million excluding gold 334.59 million excluding gold 732.95 million excluding gold 3
2010s 698.04 million excluding gold 385.66 million excluding gold 1.09 billion excluding gold 10
2020s 1.64 billion excluding gold 1.04 billion excluding gold 1.99 billion excluding gold 6

Countries ranked near Montenegro

  1. 131 Fiji 1.54 billion excluding gold compare
  2. 132 Ethiopia 1.51 billion excluding gold compare
  3. 133 Cape Verde 1.36 billion excluding gold compare
  4. 135 Maldives 1.32 billion excluding gold compare
  5. 136 Gabon 1.30 billion excluding gold compare
  6. 137 Guyana 1.29 billion excluding gold compare

See the full ranking of 175 places →

More reference data data for Montenegro

All data for Montenegro →

Frequently asked questions

What is 24_international reserves in Montenegro?
24_international reserves in Montenegro was 1.35 billion excluding gold in 2025, according to IMF.
What is the highest 24_international reserves recorded in Montenegro?
The highest recorded value was 1.99 billion excluding gold in 2024.
What is the lowest 24_international reserves recorded in Montenegro?
The lowest recorded value was 334.59 million excluding gold in 2009.
How does Montenegro rank for 24_international reserves?
Montenegro ranks 134th out of 175 countries with data for 2025.
Is 24_international reserves rising or falling in Montenegro?
Over the last ten years it is up 33.0%. The long-run trend across the full record is volatile.
Where does this Montenegro data come from?
The figures come from IMF, published as part of 24_International reserves (excluding gold). Statizoid updates them automatically from the source API.

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24_International reserves in Montenegro. Statizoid, drawing on IMF. Retrieved 29 September 2026, from https://reference.statizoid.com/stat/24-international-reserves-excluding-gold/montenegro/

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About this data

Indicator
24_International reserves (excluding gold)
Unit
excluding gold
Source
IMF
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
175 places, 6,120 data points, 1990–2026
Last refreshed

The data on international reserve assets refer to entries published in the world tables of the IMF’s International Financial Statistics (IFS).