Gross capital formation in Montenegro

Montenegro: Gross capital formation was 8.0% in 2025. ◆ Volatile

Latest (2025)
8.0%
Change on year
up 119.3%
World rank
59th
of 168 countries
All-time high
65.3%
in 2007
All-time low
-33.5%
in 2009
Years of data
19
2007–2025

Gross capital formation in Montenegro, 2007–2025

-40-2002040602007201620252007: 65.3 annual % growth2008: 31.1 annual % growth2009: -33.5 annual % growth2010: -15 annual % growth2011: -10 annual % growth2012: 0.319 annual % growth2013: 1.1 annual % growth2014: 5.1 annual % growth2015: 7.9 annual % growth2016: 40.6 annual % growth2017: 20.3 annual % growth2018: 15.3 annual % growth2019: 1.1 annual % growth2020: -16.1 annual % growth2021: -5.9 annual % growth2022: 14.3 annual % growth2023: 6.9 annual % growth2024: 3.7 annual % growth2025: 8 annual % growth

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual % growth.

Analysis

Montenegro recorded 8.0% for gross capital formation in 2025.

That represents a change of up 119.3% on the previous year and up 1.9% over ten years.

Over the whole period, gross capital formation in Montenegro peaked at 65.3% in 2007 and was at its lowest, -33.5%, in 2009.

Montenegro ranks 59th of 168 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.

Gross capital formation in Montenegro, year by year

Annual values for Gross capital formation (annual % growth) in Montenegro, 2007 to 2025.
Year annual % growth 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%
2025 8.0% +119.3%

Averages by decade

DecadeAverage LowestHighest Years
2000s 21.0% -33.5% 65.3% 3
2010s 6.7% -15.0% 40.6% 10
2020s 1.8% -16.1% 14.3% 6

Countries ranked near Montenegro

  1. 56 Belarus 8.4% compare
  2. 57 Gambia 8.3% compare
  3. 58 Guatemala 8.2% compare
  4. 60 North Macedonia 8.0% compare
  5. 61 Mali 7.7% compare
  6. 62 Israel 7.4% compare

See the full ranking of 208 places →

More economy & growth data for Montenegro

All data for Montenegro →

Frequently asked questions

What is gross capital formation in Montenegro?
Gross capital formation in Montenegro was 8.0% in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest gross capital formation recorded in Montenegro?
The highest recorded value was 65.3% in 2007.
What is the lowest gross capital formation recorded in Montenegro?
The lowest recorded value was -33.5% in 2009.
How does Montenegro rank for gross capital formation?
Montenegro ranks 59th out of 168 countries with data for 2025.
Is gross capital formation rising or falling in Montenegro?
Over the last ten years it is up 1.9%. The long-run trend across the full record is volatile.
Where does this Montenegro data come from?
The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross capital formation (annual % growth). Statizoid updates them automatically from the source API.

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Gross capital formation in Montenegro. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 31 August 2026, from https://economy.statizoid.com/stat/gross-capital-formation-annual-percent-growth/montenegro/

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About this data

Indicator
Gross capital formation (annual % growth)
Unit
annual % growth
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
208 places, 8,398 data points, 1961–2025
Last refreshed

Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.