Foreign assets in Montenegro
Montenegro: Foreign assets was 4.65 billion real chained 2019 US$ in 2020. ▲ Rising
Foreign assets in Montenegro, 2007–2020
Source: World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4. Measured in real chained 2019 US$.
Analysis
Montenegro recorded 4.65 billion real chained 2019 US$ for foreign assets in 2020. That is the highest value across all 14 years on record.
The figure is up 23.2% on the previous year and up 141.1% over ten years.
Over the whole period, foreign assets in Montenegro peaked at 4.65 billion real chained 2019 US$ in 2020 and was at its lowest, 1.42 billion real chained 2019 US$, in 2008.
That places Montenegro 121st out of 150 countries with data for 2020, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 14 years of available data.
Foreign assets in Montenegro, year by year
| Year | real chained 2019 US$ | Change |
|---|---|---|
| 2007 | 1.93 billion real chained 2019 US$ | — |
| 2008 | 1.42 billion real chained 2019 US$ | -26.5% |
| 2009 | 1.87 billion real chained 2019 US$ | +31.9% |
| 2010 | 1.93 billion real chained 2019 US$ | +3.1% |
| 2011 | 1.70 billion real chained 2019 US$ | -12.0% |
| 2012 | 2.00 billion real chained 2019 US$ | +17.6% |
| 2013 | 2.26 billion real chained 2019 US$ | +13.2% |
| 2014 | 2.35 billion real chained 2019 US$ | +3.9% |
| 2015 | 2.34 billion real chained 2019 US$ | -0.5% |
| 2016 | 2.56 billion real chained 2019 US$ | +9.7% |
| 2017 | 3.16 billion real chained 2019 US$ | +23.5% |
| 2018 | 3.38 billion real chained 2019 US$ | +6.9% |
| 2019 | 3.78 billion real chained 2019 US$ | +11.7% |
| 2020 | 4.65 billion real chained 2019 US$ | +23.2% |
Montenegro compared with similar countries
- Montenegro's 4.65 billion real chained 2019 US$ is below the median for upper middle income countries, which is 30.63 billion real chained 2019 US$, 15% of the median. (43 countries reporting)
- Montenegro's 4.65 billion real chained 2019 US$ is below the median for Europe & Central Asia, which is 144.24 billion real chained 2019 US$, 3% of the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.74 billion real chained 2019 US$ | 1.42 billion real chained 2019 US$ | 1.93 billion real chained 2019 US$ | 3 |
| 2010s | 2.55 billion real chained 2019 US$ | 1.70 billion real chained 2019 US$ | 3.78 billion real chained 2019 US$ | 10 |
| 2020s | 4.65 billion real chained 2019 US$ | 4.65 billion real chained 2019 US$ | 4.65 billion real chained 2019 US$ | 1 |
Countries ranked near Montenegro
- 118 Ethiopia 5.36 billion real chained 2019 US$ compare
- 119 Mali 5.03 billion real chained 2019 US$ compare
- 120 Kyrgyzstan 4.80 billion real chained 2019 US$ compare
- 122 Zambia 4.62 billion real chained 2019 US$ compare
- 123 Congo 4.30 billion real chained 2019 US$ compare
- 124 Madagascar 3.85 billion real chained 2019 US$ compare
More reference data data for Montenegro
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0413 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0412 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.095 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0009 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.095 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.1384 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.1046 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.1738 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.4689 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0049 (2050)
Frequently asked questions
- What is foreign assets in Montenegro?
- Foreign assets in Montenegro was 4.65 billion real chained 2019 US$ in 2020, according to World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4.
- What is the highest foreign assets recorded in Montenegro?
- The highest recorded value was 4.65 billion real chained 2019 US$ in 2020.
- What is the lowest foreign assets recorded in Montenegro?
- The lowest recorded value was 1.42 billion real chained 2019 US$ in 2008.
- How does Montenegro rank for foreign assets?
- Montenegro ranks 121st out of 150 countries with data for 2020.
- Is foreign assets rising or falling in Montenegro?
- Over the last ten years it is up 141.1%. The long-run trend across the full record is rising.
- Where does this Montenegro data come from?
- The figures come from World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4, published as part of Foreign assets (real chained 2019 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 14 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Net foreign assets is foreign assets minus foreign liabilities. Values are measured at market exchange rates in constant 2018 US dollars, using a country-specific GDP deflator.