Montenegro Government Debt To GDP

Montenegro recorded a Government Debt to GDP of 48.90 percent of the countrys Gross Domestic Product in 2012. Government Debt To GDP in Montenegro is reported by the Central Bank of Montenegro. From 2005 until 2012, Montenegro Government Debt To GDP averaged 37.7 Percent reaching an all time high of 48.9 Percent in December of 2012 and a record low of 27.5 Percent in December of 2007. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Montenegro Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-25

Actual Previous Highest Lowest Forecast Dates Unit Frequency
48.90 45.80 48.90 27.50 53.73 | 2014/06 2005 - 2012 Percent Yearly

TO

Montenegro Government Debt To GDP
LIST BY COUNTRY

Government Last Previous Highest Lowest Forecast Unit
Government Debt To GDP 48.90 2012-12-31 45.80 48.90 27.50 53.73 2014-06-30 Percent [+]
Government Budget -3.90 2013-12-31 -5.90 6.60 -5.90 -3.38 2014-06-30 Percent of GDP [+]
Government Budget Value -87874536.90 2013-12-31 -67320000.00 187654471.92 -169306149.04 -89847324.50 2014-06-30 EUR [+]
Government Spending 679108.00 2012-06-29 695316.00 727215.00 233759.00 676789.78 2012-12-31 EUR THO [+]
Credit Rating 40.00 [+]
[+]


Government Debt to GDP | Notes
Government debt as a percent of GDP, also known as debt-to-GDP ratio, is the amount of national debt a country has in percentage of its Gross Domestic Product. Basically, Government debt is the money owed by the central government to its creditors. There are two types of government debt: net and gross. Gross debt is the accumulation of outstanding government debt which may be in the form of government bonds, credit default swaps, currency swaps, special drawing rights, loans, insurance and pensions. Net debt is the difference between gross debt and the financial assets that government holds. The higher the debt-to-GDP ratio, the less likely the country will pay its debt back, and more likely the country is to default on its debt obligations.


RELATED NEWS

Montenegro Government Budget at -3.90 Percent of GDP  
Montenegro recorded a Government Budget deficit equal to 3.90 percent of the country's Gross Domestic Product in 2013. Government Budget in Montenegro is reported by the Central Bank of Montenegro.
Montenegro Unemployment Rate at 14.94 Percent  
Unemployment Rate in Montenegro remained unchanged at 14.94 percent in March of 2014 from 14.94 percent in February of 2014. Unemployment Rate in Montenegro is reported by the Statistical Office of Montenegro.
Montenegro Changes in Inventories at 30907.00 EUR THO  
Changes in Inventories in Montenegro increased to 30907 EUR THO in 2012 from -8091 EUR THO in 2011. Changes in Inventories in Montenegro is reported by the Statistical Office of Montenegro.
Montenegro Consumer Price Index (CPI) at 99.10 Index Points  
Consumer Price Index (CPI) in Montenegro decreased to 99.10 Index Points in March of 2014 from 99.40 Index Points in February of 2014. Consumer Price Index (CPI) in Montenegro is reported by the Statistical Office of Montenegro.
Montenegro Consumer Spending at 2631969.00 EUR THO  
Consumer Spending in Montenegro decreased to 2631969 EUR THO in 2012 from 2667366 EUR THO in 2011. Consumer Spending in Montenegro is reported by the Statistical Office of Montenegro.
Montenegro Employed Persons at 168805.00  
The number of employed persons in Montenegro increased to 168805 in February of 2014 from 167616 in January of 2014. Employed Persons in Montenegro is reported by the Statistical Office of Montenegro.
Montenegro Government Spending at 679108.00 EUR THO  
Government Spending in Montenegro decreased to 679108 EUR THO in 2012 from 695316 EUR THO in 2011. Government Spending in Montenegro is reported by the Statistical Office of Montenegro.
Montenegro Loans to Private Sector at 887104.00 EUR THO  
Loans to Private Sector in Montenegro increased to 887104 EUR THO in March of 2014 from 882555 EUR THO in February of 2014. Loans to Private Sector in Montenegro is reported by the Central Bank of Montenegro.
Montenegro Producer Prices at 99.70 Index Points  
Producer Prices in Montenegro increased to 99.70 Index Points in March of 2014 from 98.80 Index Points in February of 2014. Producer Prices in Montenegro is reported by the Statistical Office of Montenegro.
Montenegro Retail Sales YoY at 4.90 Percent  
Retail Sales in Montenegro increased 4.90 percent in February of 2014 over the same month in the previous year. Retail Sales Yoy in Montenegro is reported by the Statistical Office of Montenegro, MONSTAT.
MORE RELATED NEWS

LATEST NEWS

Tokyo Core CPI At 22- Year High in April  
Core consumer prices in Tokyo, a leading indicator of nationwide inflation, rose 2.7 percent in April from a year earlier, the fastest gain since 1992 as an increase in sales tax drove up cost of goods and services.
US Durable Goods Orders Surge in March  
New orders for manufactured durable goods in March increased $6.0 billion or 2.6 percent to $234.8 billion. This increase, up two consecutive months, followed a 2.1 percent February increase.
US Jobless Claims Rise in Latest Week  
In the week ending April 19, the advance figure for seasonally adjusted initial claims was 329,000, an increase of 24,000 from the previous week's revised level. There were no special factors impacting this week's initial claims.
Central Bank of Turkey Leaves Main Rates on Hold  
The Monetary Policy Committee decided on April 24th, 2014, to leave the one-week repo rate on hold at 10.0 percent for the third straight meeting. The Central Bank said it will maintain the current policy stance until there is a significant improvement in the outlook for inflation.
Swiss Trade Surplus Narrows Further in March  
The trade surplus decreased 10.6 percent in March of 2014 from the previous month to CHF 2.1 billion as imports rose at a higher pace than exports. Compared with a year earlier, the trade balance increased by 17.2 percent, driven by stronger sales of pharmaceuticals and chemicals products, and machinery to Europe and China.
Polish Unemployment Rate Falls in March  
Poland’s jobless rate dropped for the second straight month in March of 2014 to 13.5 percent, down from 13.9 percent in February and below market forecasts. A year earlier, unemployment was recorded at 14.3 percent.
South Korean Economy Expands at a Fastest Pace  
In the first quarter of 2014, South Korea’s GDP accelerated for the fourth straight quarter to an annual 3.9 percent growth rate, driven by exports.
South Korea GDP Growth Beats Expectations in Q1  
South Korean GDP expanded a seasonally adjusted 0.9 percent on quarter in the first three months of 2014, the same rate recorded in the previous quarter and above market expectations.
Reserve Bank of New Zealand Increases Interest Rate to 3.0%  
At its April 23rd, 2014 meeting, the Reserve Bank of New Zealand lifted the benchmark interest rate for the second straight meeting by 25 bps to 3.0 percent, as inflationary pressures were increasing and were expected to continue doing so over the next two years.
US New Home Sales Fall Sharply in March  
Sales of new single-family houses dropped 14.5 percent in March of 2014 to their lowest level in eight months. Sales were recorded at a seasonally adjusted annual rate of 384,000, below the revised February rate of 449,000.
MORE TOP NEWS

OVERVIEW    |     WORLBANK    |     [+] Calendar    |     [+] Countries    |     [+] Indicators    |     News