National debt ratio in Montenegro
The national debt ratio of Montenegro indicates the relationship between the Montenegrin national debt on the one hand and the Montenegrin nominal gross domestic product on the other.
Development in recent years
The national debt ratio of Montenegro rose between 2008 and 2013 due to the financial crisis . While the national debt of 0.9 billion euros at the end of 2008 corresponded to a national debt ratio of 29.0%, the national debt ratio at the end of 2013, given a debt level of 1.9 billion euros, reached 58.0%.
Forecast development
The International Monetary Fund assumes that the national debt ratio of Montenegro will rise to 71.7% by the end of 2019 with a debt level of EUR 3.1 billion.
Graphical representation
See also
- List of countries by national debt ratio
- List of European countries by national debt ratio
- Government debt ratio
Individual evidence
- ↑ International Monetary Fund: World Economic Outlook Database, October 2014, General government gross debt (National currency, Percent of GDP)