Total Credit — Value US$ in Montenegro
Montenegro: Total Credit — Value US$ was 3,794 million USD in 2024. ▲ Rising
Total Credit — Value US$ in Montenegro, 2006–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
Montenegro recorded 3,794 million USD for total credit — value us$ in 2024.
That represents a change of up 17.1% on the previous year and up 58.9% over ten years.
Over the whole period, total credit — value us$ in Montenegro peaked at 3,949 million USD in 2008 and was at its lowest, 979.54 million USD, in 2006.
Montenegro ranks 114th of 166 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 19 years of available data.
Total Credit — Value US$ in Montenegro, year by year
| Year | million USD | Change |
|---|---|---|
| 2006 | 979.54 million USD | — |
| 2007 | 2,948 million USD | +201.0% |
| 2008 | 3,949 million USD | +33.9% |
| 2009 | 3,182 million USD | -19.4% |
| 2010 | 2,754 million USD | -13.5% |
| 2011 | 2,513 million USD | -8.8% |
| 2012 | 2,251 million USD | -10.4% |
| 2013 | 2,399 million USD | +6.6% |
| 2014 | 2,388 million USD | -0.5% |
| 2015 | 2,042 million USD | -14.5% |
| 2016 | 2,157 million USD | +5.6% |
| 2017 | 2,376 million USD | +10.1% |
| 2018 | 2,729 million USD | +14.9% |
| 2019 | 2,717 million USD | -0.5% |
| 2020 | 2,867 million USD | +5.5% |
| 2021 | 3,063 million USD | +6.9% |
| 2022 | 2,952 million USD | -3.6% |
| 2023 | 3,240 million USD | +9.7% |
| 2024 | 3,794 million USD | +17.1% |
Montenegro compared with similar countries
- Montenegro's 3,794 million USD is below the median for upper middle income countries, which is 16,509 million USD, 23% of the median. (47 countries reporting)
- Montenegro's 3,794 million USD is below the median for Europe & Central Asia, which is 43,331 million USD, 9% of the median. (42 countries reporting)
Biggest year-on-year movements
Years where Total Credit — Value US$ in Montenegro changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2007 | +201.0% | 979.54 million USD | 2,948 million USD |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2,765 million USD | 979.54 million USD | 3,949 million USD | 4 |
| 2010s | 2,433 million USD | 2,042 million USD | 2,754 million USD | 10 |
| 2020s | 3,183 million USD | 2,867 million USD | 3,794 million USD | 5 |
Countries ranked near Montenegro
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)
- Share of GDP from agriculture 3.4% (2025)
- Agriculture as a share of GDP vs. GDP per capita 3.4% (2025)
- Agricultural raw materials exports 6.4% (2024)
- Agricultural raw materials imports 0.5% (2024)
Frequently asked questions
- What is total credit — value us$ in Montenegro?
- Total credit — value us$ in Montenegro was 3,794 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest total credit — value us$ recorded in Montenegro?
- The highest recorded value was 3,949 million USD in 2008.
- What is the lowest total credit — value us$ recorded in Montenegro?
- The lowest recorded value was 979.54 million USD in 2006.
- How does Montenegro rank for total credit — value us$?
- Montenegro ranks 114th out of 166 countries with data for 2024.
- Is total credit — value us$ rising or falling in Montenegro?
- Over the last ten years it is up 58.9%. The long-run trend across the full record is rising.
- 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 US$. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
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.