In the next three years, the net public debt of Montenegro will increase nominally from the current 4.2 to 5.5 billion euros, but also in relation to the gross domestic product (GDP) from the current 57.6 to 62.88 percent of the GDP at the end of 2027, according to the public debt projection 2024-2027, published with the budget proposal for the following year.
The data also show that in each year of this period, the net public debt will grow significantly faster than the economy of Montenegro.
In 2026, net public debt will increase by 8.8 percent to 5.12 billion euros and nominal GDP by 5.1 percent. This negative trend will continue in 2027, when net public debt will increase by 7.4 percent and nominal GDP by 4.6 percent.
According to the data of this government department, in 2026, about 353 million euros must be provided for the repayment of the debt, which mostly refers to the regular repayment of the loan to Exim Bank from 2014, the payment of the domestic bond from 2019 to amounting to EUR 50 million, regular repayment of World Bank loans from 2018 and 2020 and Deutsche Bank from the year 2023.