Business Bank Credit Access Statistics in Montenegro (2026)
According to World Bank World Development Indicators data, 43.2% of firms in Montenegro had a bank loan or line of credit in 2023. Up from 39.4% in 2019 to 43.2% in 2023 (+3.8 percentage points). Montenegro ranks #23 of 43 economies in Europe & Central Asia on this measure, and #48 of 145 globally.
Key Statistics
- Latest value (2023)
- 43.2% (2023)
- Business Bank Credit Access in Montenegro as of 2023, the most recent observation in World Bank World Development Indicators data.
- Change since 2019
- +3.8 pp (2023)
- Up from 39.4% in 2019 to 43.2% in 2023 (+3.8 percentage points).
- Earliest value in this dataset (2009)
- 49.6% (2009)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Down from 49.6% in 2009 to 43.2% in 2023.
- Peak value (2013)
- 56.6% (2013)
- Highest value in the available series; the 2023 value is 43.2%.
- Rank in Europe & Central Asia
- #23 of 43 (2023)
- Montenegro ranks 23 of 43 countries in Europe & Central Asia with data, based on each country's latest value.
- Global rank
- #48 of 145 (2023)
- Montenegro ranks 48 of 145 countries with data globally.
- Europe & Central Asia average
- 44.8% (2023)
- Montenegro (43.2%) is below the average of 44.8% across the 43 countries in Europe & Central Asia with data.
- Firms using banks to finance working capital (% of firms) (2023)
- 36.8% (2023)
- Related indicator from World Bank World Development Indicators.
- Firms using banks to finance investment (% of firms) (2023)
- 26.9% (2023)
- Related indicator from World Bank World Development Indicators.
- Internet use in Montenegro (2024)
- 88.9% (2024)
- 88.9% of the population in Montenegro used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 623,525 (2024)
- Montenegro had a population of 623,525 in 2024 (World Bank); shown for scale only.
Trend, 2009–2023
| Year | % of firms | Change |
|---|---|---|
| 2023 | 43.2% | +3.8 pp |
| 2019 | 39.4% | −17.2 pp |
| 2013 | 56.6% | +7.0 pp |
| 2009 | 49.6% | — |
Frequently asked questions
What share of firms in Montenegro had a bank loan or line of credit?
43.2% of firms in Montenegro had a bank loan or line of credit in 2023, according to World Bank World Development Indicators data.
How does Montenegro compare with other countries in Europe & Central Asia?
Montenegro ranks 23 of 43 countries in Europe & Central Asia with data, with 43.2% versus a regional average of 44.8% (latest values per country).
Where does Montenegro rank globally on business bank credit access?
Montenegro ranks 48 of 145 countries with data globally, based on the latest World Bank World Development Indicators value for each country.
When did business bank credit access in Montenegro peak?
The highest value in the available series was 56.6% in 2013; the latest (2023) value is 43.2%.
How recent is the business bank credit access data for Montenegro?
The most recent observation is from 2023. World Bank World Development Indicators data is reported with a lag, so 2023 is the latest available year for Montenegro.
Source & methodology
Source: World Bank, World Development Indicators, indicator
IC.FRM.BNKL.ZS, retrieved .
Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.
Last updated .