Montenegro - PPG, IDA (DOD, current US$)

The latest value for PPG, IDA (DOD, current US$) in Montenegro was $28,986,000 as of 2020. Over the past 14 years, the value for this indicator has fluctuated between $85,950,000 in 2012 and $28,986,000 in 2020.

Definition: Public and publicly guaranteed debt outstanding from the International Development Association (IDA) is concessional. Concessional debt is defined as loans with an original grant element of 25 percent or more. The grant element of a loan is the grant equivalent expressed as a percentage of the amount committed. It is used as a measure of the overall cost of borrowing. The grant equivalent of a loan is its commitment (present) value, less the discounted present value of its contractual debt service; conventionally, future service payments are discounted at 10 percent. Data are in current U.S. dollars.

Source: World Bank, International Debt Statistics.

See also:

Year Value
2006 $47,184,000
2007 $55,994,000
2008 $70,753,000
2009 $75,161,000
2010 $79,410,000
2011 $83,316,000
2012 $85,950,000
2013 $84,583,000
2014 $74,886,000
2015 $65,290,000
2016 $57,190,000
2017 $53,235,000
2018 $43,990,000
2019 $35,784,000
2020 $28,986,000

Aggregation method: Sum

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: External debt