Gross capital formation in Montenegro
Montenegro: Gross capital formation was 1.69 billion constant 2015 US$ in 2025. ▲ Rising
Gross capital formation in Montenegro, 2006–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
In 2025, gross capital formation in Montenegro stood at 1.69 billion constant 2015 US$. That is the highest value across all 20 years on record.
The figure is up 8.0% on the previous year and up 113.0% over ten years.
Over the whole period, gross capital formation in Montenegro peaked at 1.69 billion constant 2015 US$ in 2025 and was at its lowest, 624.37 million constant 2015 US$, in 2006.
Montenegro ranks 135th of 163 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 20 years of available data.
Gross capital formation in Montenegro, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 2006 | 624.37 million constant 2015 US$ | — |
| 2007 | 1.03 billion constant 2015 US$ | +65.3% |
| 2008 | 1.35 billion constant 2015 US$ | +31.1% |
| 2009 | 900.03 million constant 2015 US$ | -33.5% |
| 2010 | 764.87 million constant 2015 US$ | -15.0% |
| 2011 | 688.02 million constant 2015 US$ | -10.0% |
| 2012 | 690.22 million constant 2015 US$ | +0.3% |
| 2013 | 698.11 million constant 2015 US$ | +1.1% |
| 2014 | 733.77 million constant 2015 US$ | +5.1% |
| 2015 | 791.58 million constant 2015 US$ | +7.9% |
| 2016 | 1.11 billion constant 2015 US$ | +40.6% |
| 2017 | 1.34 billion constant 2015 US$ | +20.3% |
| 2018 | 1.54 billion constant 2015 US$ | +15.3% |
| 2019 | 1.56 billion constant 2015 US$ | +1.1% |
| 2020 | 1.31 billion constant 2015 US$ | -16.1% |
| 2021 | 1.23 billion constant 2015 US$ | -5.9% |
| 2022 | 1.41 billion constant 2015 US$ | +14.3% |
| 2023 | 1.51 billion constant 2015 US$ | +6.9% |
| 2024 | 1.56 billion constant 2015 US$ | +3.7% |
| 2025 | 1.69 billion constant 2015 US$ | +8.0% |
Montenegro compared with similar countries
- Montenegro's 1.69 billion constant 2015 US$ is below the median for upper middle income countries, which is 14.20 billion constant 2015 US$, 12% of the median. (45 countries reporting)
- Montenegro's 1.69 billion constant 2015 US$ is below the median for Europe & Central Asia, which is 21.86 billion constant 2015 US$, 8% of the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 977.44 million constant 2015 US$ | 624.37 million constant 2015 US$ | 1.35 billion constant 2015 US$ | 4 |
| 2010s | 992.14 million constant 2015 US$ | 688.02 million constant 2015 US$ | 1.56 billion constant 2015 US$ | 10 |
| 2020s | 1.45 billion constant 2015 US$ | 1.23 billion constant 2015 US$ | 1.69 billion constant 2015 US$ | 6 |
Countries ranked near Montenegro
- 132 Namibia 2.53 billion constant 2015 US$ compare
- 133 Sierra Leone 2.27 billion constant 2015 US$ compare
- 134 Yemen 2.16 billion constant 2015 US$ compare
- 136 Bhutan 1.40 billion constant 2015 US$ compare
- 137 Greenland 1.04 billion constant 2015 US$ compare
- 138 Maldives 948.67 million constant 2015 US$ 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 75.12 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0081 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 120.56 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 676.19 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 12.81 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0732 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,085 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 26.12 % change on previous year (2025)
Frequently asked questions
- What is gross capital formation in Montenegro?
- Gross capital formation in Montenegro was 1.69 billion constant 2015 US$ 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 1.69 billion constant 2015 US$ in 2025.
- What is the lowest gross capital formation recorded in Montenegro?
- The lowest recorded value was 624.37 million constant 2015 US$ in 2006.
- How does Montenegro rank for gross capital formation?
- Montenegro ranks 135th out of 163 countries with data for 2025.
- Is gross capital formation rising or falling in Montenegro?
- Over the last ten years it is up 113.0%. The long-run trend across the full record is rising.
- 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 (constant 2015 US$). Statizoid updates them automatically from the source API.
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CSV · JSON — 20 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.