Foreign exchange reserves excluding gold rose 10.7% to USD 1.74 bil in Montenegro in 2024, according to the National Statistical Office.
Historically, foreign exchange reserves excluding gold in Montenegro reached an all time high of USD 2.13 bil in 2020 and an all time low of USD 0.058 bil in 2002. When compared to Montenegro's main peers, foreign exchange reserves excluding gold in Albania amounted to USD 6.23 bil, USD 9.13 bil in Bosnia and Herzegovina, USD 3.34 bil in Croatia and USD 26.4 bil in Serbia in 2024.
Montenegro has been ranked 108th within the group of 125 countries we follow in terms of foreign exchange reserves excluding gold, 35 places above the position seen 10 years ago.
| Foreign Exchange Reserves, Excluding Gold (USD) | Unit | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
| Albania | USD bil | 3.83 | 3.63 | 4.65 | 5.47 | 5.09 | ||||||||||||||||
| Bosnia and Herzegovina | USD bil | 6.69 | 7.06 | 8.53 | 9.30 | 8.67 | ||||||||||||||||
| Croatia | USD bil | 20.0 | 20.8 | 23.3 | 28.3 | 29.6 | ||||||||||||||||
| Greece | USD bil | 2.92 | 2.95 | 5.01 | 7.77 | 5.40 | ||||||||||||||||
| Hungary | USD bil | 30.1 | 30.3 | 39.4 | 38.0 | 35.7 | ||||||||||||||||
| Italy | USD bil | 51.3 | 55.3 | 61.6 | 84.0 | 81.7 | ||||||||||||||||
| Kosovo | USD bil | 0.881 | 0.966 | 1.10 | 1.24 | 1.25 | ||||||||||||||||
| Macedonia | USD bil | 3.00 | 3.31 | 3.71 | 3.73 | 3.72 | ||||||||||||||||
| Montenegro | USD bil | 1.20 | 1.53 | 2.13 | 1.98 | 2.04 | ||||||||||||||||
| Romania | USD bil | 37.9 | 36.9 | 45.9 | 45.8 | 49.8 | ||||||||||||||||
| Serbia | USD bil | 12.0 | 13.5 | 14.4 | 16.4 | 18.4 | ||||||||||||||||
| Slovenia | USD bil | 0.802 | 0.860 | 1.12 | 2.08 | 2.08 |
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