Financial burden of the repayment of debts from hire purchases or in Montenegro

Montenegro: Financial burden of the repayment of debts from hire purchases or was 37.0% in 2023. ▼ Falling

Latest (2023)
37.0%
Change on year
down 26.3%
World rank
7th
of 47 countries
All-time high
68.8%
in 2013
All-time low
37.0%
in 2023
Years of data
11
2013–2023

Financial burden of the repayment of debts from hire purchases or in Montenegro, 2013–2023

02040602013201820232013: 68.8 Percentage2014: 62.1 Percentage2015: 61.6 Percentage2016: 57.9 Percentage2017: 63.7 Percentage2018: 60.1 Percentage2019: 59.5 Percentage2020: 52.3 Percentage2021: 56.2 Percentage2022: 50.2 Percentage2023: 37 Percentage

Source: Eurostat. Measured in Percentage.

Analysis

In 2023, financial burden of the repayment of debts from hire purchases or in Montenegro stood at 37.0%. That is the lowest value across all 11 years on record.

That represents a change of down 26.3% on the previous year and down 46.2% over ten years.

Over the whole period, financial burden of the repayment of debts from hire purchases or in Montenegro peaked at 68.8% in 2013 and was at its lowest, 37.0%, in 2023.

That places Montenegro 7th out of 47 countries with data for 2023, putting it in the top quarter.

The long-run direction has been consistently falling across the 11 years of available data.

Financial burden of the repayment of debts from hire purchases or in Montenegro, year by year

Annual values for Financial burden of the repayment of debts from hire purchases or loans in Montenegro, 2013 to 2023.
Year Percentage Change
2013 68.8%
2014 62.1% -9.7%
2015 61.6% -0.8%
2016 57.9% -6.0%
2017 63.7% +10.0%
2018 60.1% -5.7%
2019 59.5% -1.0%
2020 52.3% -12.1%
2021 56.2% +7.5%
2022 50.2% -10.7%
2023 37.0% -26.3%

Averages by decade

DecadeAverage LowestHighest Years
2010s 62.0% 57.9% 68.8% 7
2020s 48.9% 37.0% 56.2% 4

Countries ranked near Montenegro

  1. 4 Albania 38.6% compare
  2. 5 Slovakia 37.8% compare
  3. 5 Slovakia 37.8% compare
  4. 8 Serbia 35.9% compare
  5. 9 Greece 35.2% compare
  6. 10 Bulgaria 33.4% compare

See the full ranking of 53 places →

More reference data data for Montenegro

All data for Montenegro →

Frequently asked questions

What is financial burden of the repayment of debts from hire purchases or in Montenegro?
Financial burden of the repayment of debts from hire purchases or in Montenegro was 37.0% in 2023, according to Eurostat.
What is the highest financial burden of the repayment of debts from hire purchases or recorded in Montenegro?
The highest recorded value was 68.8% in 2013.
What is the lowest financial burden of the repayment of debts from hire purchases or recorded in Montenegro?
The lowest recorded value was 37.0% in 2023.
How does Montenegro rank for financial burden of the repayment of debts from hire purchases or?
Montenegro ranks 7th out of 47 countries with data for 2023.
Is financial burden of the repayment of debts from hire purchases or rising or falling in Montenegro?
Over the last ten years it is down 46.2%. The long-run trend across the full record is falling.
Where does this Montenegro data come from?
The figures come from Eurostat, published as part of Financial burden of the repayment of debts from hire purchases or loans. Statizoid updates them automatically from the source API.

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Financial burden of the repayment of debts from hire purchases or in Montenegro. Statizoid, drawing on Eurostat. Retrieved 05 September 2026, from https://reference.statizoid.com/stat/financial-burden-of-the-repayment-of-debts-from-hire-purchases-or-loans/montenegro/

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About this data

Indicator
Financial burden of the repayment of debts from hire purchases or loans
Unit
Percentage
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
53 places, 983 data points, 2003–2025
Last refreshed