Annual growth of the gross capital formation in Montenegro
Montenegro: Annual growth of the gross capital formation was 3.7% in 2024. ◆ Volatile
Annual growth of the gross capital formation in Montenegro, 2007–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2024, annual growth of the gross capital formation in Montenegro stood at 3.7%.
Compared with earlier readings it is down 47.2% on the previous year and down 28.3% over ten years.
Over the whole period, annual growth of the gross capital formation in Montenegro peaked at 65.3% in 2007 and was at its lowest, -33.5%, in 2009.
Montenegro ranks 77th of 174 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of the gross capital formation in Montenegro, year by year
| Year | % | Change |
|---|---|---|
| 2007 | 65.3% | — |
| 2008 | 31.1% | -52.4% |
| 2009 | -33.5% | -207.8% |
| 2010 | -15.0% | -55.1% |
| 2011 | -10.0% | -33.1% |
| 2012 | 0.3% | -103.2% |
| 2013 | 1.1% | +257.9% |
| 2014 | 5.1% | +347.2% |
| 2015 | 7.9% | +54.2% |
| 2016 | 40.6% | +415.3% |
| 2017 | 20.3% | -50.1% |
| 2018 | 15.3% | -24.5% |
| 2019 | 1.1% | -92.9% |
| 2020 | -16.1% | -1577.7% |
| 2021 | -5.9% | -63.1% |
| 2022 | 14.3% | -341.7% |
| 2023 | 6.9% | -51.5% |
| 2024 | 3.7% | -47.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 21.0% | -33.5% | 65.3% | 3 |
| 2010s | 6.7% | -15.0% | 40.6% | 10 |
| 2020s | 0.6% | -16.1% | 14.3% | 5 |
Countries ranked near Montenegro
- 74 United Arab Emirates 4.2% compare
- 75 Saudi Arabia 3.9% compare
- 76 Portugal 3.8% compare
- 78 United States of America 3.5% compare
- 79 Bahrain 3.5% compare
- 80 Venezuela (Bolivarian Republic of) 3.4% compare
More economy & growth data for Montenegro
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.15 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3 Percent per annum (2029)
- Households and NPISHs Final consumption expenditure (current LCU) 10.1 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 0.7195 current LCU per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 10,661 current LCU per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 5.22 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.5794 constant 2015 US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 8,585 constant 2015 US$ per person (2025)
- Final consumption expenditure (current US$), annual growth rate 14.06 % change on previous year (2025)
- Final consumption expenditure (current US$), per unit of GDP 0.9871 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is annual growth of the gross capital formation in Montenegro?
- Annual growth of the gross capital formation in Montenegro was 3.7% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of the gross capital formation recorded in Montenegro?
- The highest recorded value was 65.3% in 2007.
- What is the lowest annual growth of the gross capital formation recorded in Montenegro?
- The lowest recorded value was -33.5% in 2009.
- How does Montenegro rank for annual growth of the gross capital formation?
- Montenegro ranks 77th out of 174 countries with data for 2024.
- Is annual growth of the gross capital formation rising or falling in Montenegro?
- Over the last ten years it is down 28.3%. The long-run trend across the full record is volatile.
- Where does this Montenegro data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth of the gross capital formation (%). Statizoid updates them automatically from the source API.
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