Montenegro international reserves

#121 in the worldEurope & Central AsiaShare on X
Total reserves
$2.2B
Data for December 2025
1-month change
+25.0%
12-month change
+26.1%
High since 2000
$2.2B
December 2025

Monthly history (IMF)

$2.2 billion
December 2025+328.1% vs April 2007
$0M$500M$1B$1.5B$2B$2.5BApr 2007Aug 2016Dec 2025

Gross reserves in US dollars with gold at market value. Source: IMF, International Liquidity.

Composition

What the central bank holds its reserves in, as of December 2025.

  • Foreign exchange$2.1B · 94.8%
  • SDRs$95M · 4.3%
  • IMF reserve position$20M · 0.9%

Gold

Montenegro does not report gold holdings.

In context

Reserves per person
US$ 3,524
Reserves as % of GDP (2025)
23.8%
Months of imports covered
4.3
Usual benchmark: under 3 months is considered low.

Sources for this page