Total Credit — Value Standard Local Currency, 2015 prices in Montenegro
Montenegro: Total Credit — Value Standard Local Currency, 2015 prices was 2,247 million SLC in 2024. ▬ Flat
Total Credit — Value Standard Local Currency, 2015 prices in Montenegro, 2006–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2024, total credit — value standard local currency, 2015 prices in Montenegro stood at 2,247 million SLC.
Compared with earlier readings it is up 11.9% on the previous year and up 22.3% over ten years.
Over the whole period, total credit — value standard local currency, 2015 prices in Montenegro peaked at 2,986 million SLC in 2008 and was at its lowest, 1,083 million SLC, in 2006.
That places Montenegro 150th out of 165 countries with data for 2024, putting it in the bottom quarter.
Total Credit — Value Standard Local Currency, 2015 prices in Montenegro, year by year
| Year | million SLC | Change |
|---|---|---|
| 2006 | 1,083 million SLC | — |
| 2007 | 2,575 million SLC | +137.6% |
| 2008 | 2,986 million SLC | +16.0% |
| 2009 | 2,477 million SLC | -17.0% |
| 2010 | 2,220 million SLC | -10.4% |
| 2011 | 1,906 million SLC | -14.1% |
| 2012 | 1,847 million SLC | -3.1% |
| 2013 | 1,866 million SLC | +1.0% |
| 2014 | 1,838 million SLC | -1.5% |
| 2015 | 1,841 million SLC | +0.2% |
| 2016 | 1,854 million SLC | +0.7% |
| 2017 | 1,927 million SLC | +4.0% |
| 2018 | 2,052 million SLC | +6.5% |
| 2019 | 2,112 million SLC | +2.9% |
| 2020 | 2,188 million SLC | +3.6% |
| 2021 | 2,156 million SLC | -1.5% |
| 2022 | 2,077 million SLC | -3.7% |
| 2023 | 2,008 million SLC | -3.3% |
| 2024 | 2,247 million SLC | +11.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2,280 million SLC | 1,083 million SLC | 2,986 million SLC | 4 |
| 2010s | 1,946 million SLC | 1,838 million SLC | 2,220 million SLC | 10 |
| 2020s | 2,135 million SLC | 2,008 million SLC | 2,247 million SLC | 5 |
Countries ranked near Montenegro
- 147 Saint Lucia 3,201 million SLC compare
- 148 Antigua and Barbuda 2,666 million SLC compare
- 149 Saint Kitts and Nevis 2,336 million SLC compare
- 151 Belize 2,145 million SLC compare
- 152 Grenada 2,041 million SLC compare
- 153 Lesotho 1,943 million SLC compare
More agriculture & rural data for Montenegro
- Agriculture, forestry, and fishing, value added (current US$), annual 7.54 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 0.0337 current US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 498.87 current US$ per person (2025)
- Rural population, annual growth rate -0.256 % change on previous year (2025)
- Rural population, per unit of GDP 0 units per US$ of GDP (2025)
- Rural population, per capita 0.3439 units per person (2025)
- Agriculture share gdp 3.37 (2025)
- Value added in the agricultural sector as of gdp vs gdp per capita 3.37 (2025)
- Agricultural raw materials exports 6.4% (2024)
- Agricultural raw materials imports 0.5% (2024)
Frequently asked questions
- What is total credit — value standard local currency, 2015 prices in Montenegro?
- Total credit — value standard local currency, 2015 prices in Montenegro was 2,247 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest total credit — value standard local currency, 2015 prices recorded in Montenegro?
- The highest recorded value was 2,986 million SLC in 2008.
- What is the lowest total credit — value standard local currency, 2015 prices recorded in Montenegro?
- The lowest recorded value was 1,083 million SLC in 2006.
- How does Montenegro rank for total credit — value standard local currency, 2015 prices?
- Montenegro ranks 150th out of 165 countries with data for 2024.
- Is total credit — value standard local currency, 2015 prices rising or falling in Montenegro?
- Over the last ten years it is up 22.3%. The long-run trend across the full record is flat.
- Where does this Montenegro data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Total Credit — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
Credit to agriculture measures the amount of loans and advances given by the banking sector to farmers, rural households, agricultural cooperatives, or any other agri-related businesses. Each country’s central bank compiles its credit stocks by economic activities as part of its monetary and financial statistics publications via annual or quarterly reports online. Data collection has been carried out mostly through reports found on the central bank websites. Data are collected and compiled according to the International Standard Industrial Classification of All Economic Activities (ISIC Rev. 4: https://unstats.un.org/unsd/classifications/Econ/isic) with a special concentration on the credit to agriculture, forestry and fishing sector separately from the ones to manufacturing and services.