Broad money to total reserves ratio in Montenegro
Montenegro: Broad money to total reserves ratio was 2.72 ratio in 2023. ▼ Falling
Broad money to total reserves ratio in Montenegro, 2007–2023
Source: International Monetary Fund – processed by Our World in Data. Measured in ratio.
Analysis
The most recent figure for broad money to total reserves ratio in Montenegro is 2.72 ratio, measured in 2023.
Compared with earlier readings it is up 49.5% on the previous year and down 29.7% over ten years.
Over the whole period, broad money to total reserves ratio in Montenegro peaked at 5.43 ratio in 2011 and was at its lowest, 1.33 ratio, in 2020.
That places Montenegro 86th out of 152 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently falling across the 17 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.15 ratio | 3.53 ratio | 5.38 ratio | 3 |
| 2010s | 3.5 ratio | 1.89 ratio | 5.43 ratio | 10 |
| 2020s | 1.9 ratio | 1.33 ratio | 2.72 ratio | 4 |
Countries ranked near Montenegro
More reference data data for Montenegro
- Spring temperature anomalies 1.24 °C (2026)
- Temperature anomalies by month 1.49 °C (2026)
- Summer temperature anomalies 2.19 °C (2026)
- Elected parliament 1 (2025)
- Chief executive of the government is elected 1 (2025)
- Universal right to vote in practice 2 (2025)
- Competitive elections 1 (2025)
- Democracy 6 (2025)
- Autumn temperature anomalies 1.86 °C (2025)
- Winter temperature anomalies 1.45 °C (2025)
Frequently asked questions
- What is broad money to total reserves ratio in Montenegro?
- Broad money to total reserves ratio in Montenegro was 2.72 ratio in 2023, according to International Monetary Fund – processed by Our World in Data.
- What is the highest broad money to total reserves ratio recorded in Montenegro?
- The highest recorded value was 5.43 ratio in 2011.
- What is the lowest broad money to total reserves ratio recorded in Montenegro?
- The lowest recorded value was 1.33 ratio in 2020.
- How does Montenegro rank for broad money to total reserves ratio?
- Montenegro ranks 86th out of 152 countries with data for 2023.
- Is broad money to total reserves ratio rising or falling in Montenegro?
- Over the last ten years it is down 29.7%. The long-run trend across the full record is falling.
- Where does this Montenegro data come from?
- The figures come from International Monetary Fund – processed by Our World in Data, published as part of Broad money to total reserves ratio. Statizoid updates them automatically from the source API.
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About this data
Broad money to total reserves ratio