As of June 30, 2024, Montenegro’s total public debt stood at €4.54 billion, representing 62.37% of the country’s Gross Domestic Product (GDP), according to the Ministry of Finance.
When accounting for the Ministry of Finance’s deposits, including 38,477 ounces of gold, the net public debt is reported to be €3.906 billion, or 53.67% of GDP.
The total government debt, excluding deposits, amounted to €4.478 billion, or 61.51% of GDP. However, when deposits are factored in, the net government debt is reduced to €3.844 billion, which is 52.81% of GDP.
Local self-government debt was recorded at €62.42 million, or 0.86% of GDP.
Deposits held by the Ministry of Finance total €633.56 million, which includes the gold valued at €83.78 million, accounting for 8.70% of GDP.
