Gross capital formation (constant 2015 US$), per square kilometre in Montenegro
Montenegro: Gross capital formation (constant 2015 US$), per square kilometre was 111,962 constant 2015 US$ per square kilometre in 2023. ▲ Rising
Gross capital formation (constant 2015 US$), per square kilometre in Montenegro, 2006–2023
Source: Statizoid (derived). Measured in constant 2015 US$ per square kilometre.
Analysis
Montenegro recorded 111,962 constant 2015 US$ per square kilometre for gross capital formation (constant 2015 us$), per square kilometre in 2023.
Compared with earlier readings it is up 6.9% on the previous year and up 115.7% over ten years.
Over the whole period, gross capital formation (constant 2015 us$), per square kilometre in Montenegro peaked at 115,993 constant 2015 US$ per square kilometre in 2019 and was at its lowest, 46,421 constant 2015 US$ per square kilometre, in 2006.
That places Montenegro 78th out of 160 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 18 years of available data.
Gross capital formation (constant 2015 US$), per square kilometre in Montenegro, year by year
| Year | constant 2015 US$ per square kilometre | Change |
|---|---|---|
| 2006 | 46,421 constant 2015 US$ per square kilometre | — |
| 2007 | 76,752 constant 2015 US$ per square kilometre | +65.3% |
| 2008 | 100,599 constant 2015 US$ per square kilometre | +31.1% |
| 2009 | 66,917 constant 2015 US$ per square kilometre | -33.5% |
| 2010 | 56,868 constant 2015 US$ per square kilometre | -15.0% |
| 2011 | 51,154 constant 2015 US$ per square kilometre | -10.0% |
| 2012 | 51,318 constant 2015 US$ per square kilometre | +0.3% |
| 2013 | 51,904 constant 2015 US$ per square kilometre | +1.1% |
| 2014 | 54,555 constant 2015 US$ per square kilometre | +5.1% |
| 2015 | 58,854 constant 2015 US$ per square kilometre | +7.9% |
| 2016 | 82,746 constant 2015 US$ per square kilometre | +40.6% |
| 2017 | 99,518 constant 2015 US$ per square kilometre | +20.3% |
| 2018 | 114,745 constant 2015 US$ per square kilometre | +15.3% |
| 2019 | 115,993 constant 2015 US$ per square kilometre | +1.1% |
| 2020 | 97,355 constant 2015 US$ per square kilometre | -16.1% |
| 2021 | 91,590 constant 2015 US$ per square kilometre | -5.9% |
| 2022 | 104,700 constant 2015 US$ per square kilometre | +14.3% |
| 2023 | 111,962 constant 2015 US$ per square kilometre | +6.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 72,672 constant 2015 US$ per square kilometre | 46,421 constant 2015 US$ per square kilometre | 100,599 constant 2015 US$ per square kilometre | 4 |
| 2010s | 73,765 constant 2015 US$ per square kilometre | 51,154 constant 2015 US$ per square kilometre | 115,993 constant 2015 US$ per square kilometre | 10 |
| 2020s | 101,402 constant 2015 US$ per square kilometre | 91,590 constant 2015 US$ per square kilometre | 111,962 constant 2015 US$ per square kilometre | 4 |
Countries ranked near Montenegro
- 75 North Macedonia 122,241 constant 2015 US$ per square kilometre compare
- 76 Saudi Arabia 119,989 constant 2015 US$ per square kilometre compare
- 77 Bosnia and Herzegovina 116,804 constant 2015 US$ per square kilometre compare
- 79 Ecuador 97,240 constant 2015 US$ per square kilometre compare
- 80 Chile 90,369 constant 2015 US$ per square kilometre compare
- 81 Kiribati 88,734 constant 2015 US$ per square kilometre 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)
- Gross capital formation (constant 2015 US$), annual growth rate 8.03 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1827 constant 2015 US$ per US$ of GDP (2025)
- Gross capital formation (constant 2015 US$), per capita 2,706 constant 2015 US$ per person (2025)
- Imports of goods and services (current US$), annual growth rate 10.77 % change on previous year (2025)
- Imports of goods and services (current US$), per unit of GDP 0.6571 current US$ per US$ of GDP (2025)
- Imports of goods and services (current US$), per capita 9,736 current US$ per person (2025)
- Imports of goods and services (current LCU), annual growth rate 6.1 % change on previous year (2025)
- Imports of goods and services (current LCU), per unit of GDP 0.5815 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is gross capital formation (constant 2015 us$), per square kilometre in Montenegro?
- Gross capital formation (constant 2015 us$), per square kilometre in Montenegro was 111,962 constant 2015 US$ per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross capital formation (constant 2015 us$), per square kilometre recorded in Montenegro?
- The highest recorded value was 115,993 constant 2015 US$ per square kilometre in 2019.
- What is the lowest gross capital formation (constant 2015 us$), per square kilometre recorded in Montenegro?
- The lowest recorded value was 46,421 constant 2015 US$ per square kilometre in 2006.
- How does Montenegro rank for gross capital formation (constant 2015 us$), per square kilometre?
- Montenegro ranks 78th out of 160 countries with data for 2023.
- Is gross capital formation (constant 2015 us$), per square kilometre rising or falling in Montenegro?
- Over the last ten years it is up 115.7%. The long-run trend across the full record is rising.
- Where does this Montenegro data come from?
- The figures come from Statizoid (derived), published as part of Gross capital formation (constant 2015 US$), per square kilometre. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross capital formation (constant 2015 US$) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross capital formation (constant 2015 US$) ÷ Land area (sq. km)
Computed from
- Gross capital formation Country official statistics, National Statistical Organizations and/or Central Banks
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross capital formation (constant 2015 US$) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.